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FINRA ruling on broker’s sports betting is ‘moronic’: lawyer


The regulator is an ass. That’s what a securities industry gadfly says of the recent enforcement of a Financial Industry Regulatory Authority (FINRA) rule against a broker who made sports handicapping picks. Longtime securities lawyer Bill Singer complains that regulators missed Bernie Madoff’s gross thievery for years, but now hammer “a small fry” broker who...
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Source: New York Post


04:37, January 7, 2018 Gregory Bresiger

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