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SEC Announces Auction Rate Securities Settlements |
August 29, 2008
Previously published on August 2008
The SEC recently announced several preliminary settlements in principle with certain brokerage firms pertaining to auction rate securities. Each plan includes providing liquidity to certain purchasers of auction rate securities.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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