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By Marlene Y. Satter and Melanie Waddell, AdvisorOne |
September 13, 2012
Among recent SEC enforcement actions were charges that a broker stole client funds and used them to pay for his own personal expenses, including groceries and a mortgage.
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By Melanie Waddell, AdvisorOne |
September 13, 2012
The broker and his company based in Danbury, Conn., were charged with stealing at least $600,000 from clients and using the money to pay for his mortgage, grocery bills and other personal expenses.