Saturday, October 17, 2009

AFP: Billionaire's indictment is warning to traders: US watchdog

AFP: Billionaire's indictment is warning to traders: US watchdog:

"'It would be wise for investment advisors and corporate executives to closely look at today's case, their own internal operations, and the increasing focus and scrutiny on hedge fund trading by the SEC and others,' said Robert Khuzami, director of the SEC's enforcement division."

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