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Stock Clearing Orgs Slam Firm's 'Bizarre' Constitutional Attack

By Jessica Corso (June 28, 2024, 10:47 PM EDT) -- Two of the nation's largest securities clearing agencies are fighting an attempt to declare their in-house disciplinary procedures unconstitutional, telling the Tenth Circuit that brokerage firm Alpine Securities Corp.'s attack on the private entities is unprecedented and threatens the stability of the capital markets. ...

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