Article: SEC backs investors’ claim Merrill rigged ARS market, lawyer says

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SEC backs investors’ claim Merrill rigged ARS market, lawyer says

Investment News, 8 December 2011

Auction-rate securities holders seeking to win back part of the $330 billion they’ve invested, may get help from a U.S. Securities and Exchange Commission legal brief supporting claims that Merrill Lynch & Co. rigged the moribund market, a lawyer involved in the case said.

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