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SEC Charges 2 Wall Street Brokers in $1 Billion Subprime-Related Auction Rate and Securities Fraud

Law Admin Sep 3, 2008 3 min read

Washington, D.C., Sept. 3, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged two Wall Street brokers with defrauding their customers when making more than $1 billion in unauthorized purchases of subprime-related auction rate…

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