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Archive Home > 2008 > August > 01 > Regulators accuse Merrill Lynch of fraud

Regulators accuse Merrill Lynch of fraud


August 1, 2008

BOSTON — Massachusetts security regulators accused Merrill Lynch of fraud Thursday for allegedly promoting the sale of auction-rate securities when they knew the investments were becoming increasingly unstable.

The administrative complaint filed by Secretary of State William Galvin....

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