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SEC Seeks Fines In Hedge Fund Kickback Case

By Evan Weinberger ( July 8, 2009, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission is seeking $25,000 penalties against three companies and a stock promoter and a lifetime ban from involvement with penny stocks on a second stock promoter, all of whom signed consent decrees settling claims related to a hedge fund kickback scheme....

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