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SEC Appeals Cuban Insider Trading Decision

247Wallst | Thu, 10/08/2009 - 9:32am | Cuban insider trading, SEC, Securities and Exchange Commission |  Add a comment

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The SEC’’s reputation, already hurt by its action or lack thereof during the credit crisis, took another blow when a federal judge rejected its $33 million settlement with Bank of America (NYSE:BAC). The SEC appeared to be prone to expending as little effort as possible by using negotiat
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