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2010-07-17 — hedgeco.net
``“This settlement is a stark lesson to Wall Street firms that no product is too complex, and no investor too sophisticated, to avoid a heavy price if a firm violates the fundamental principles of honest treatment and fair dealing.†Robert Khuzami, director of the SEC’s division of enforcement, said, according to the paper, “the unmistakable message of this lawsuit … is that half-truths and deception cannot be toleratedâ€.''
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