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E*Trade to pay $3.5 million to Colo. investors

Colorado Securities Commissioner Fred Joseph reached a settlement with E*Trade Securities related to its sale of auction rate securities to Colorado investors. Under terms of the agreement, E*Trade will buy back $3.5 million worth of auction rate securities from Colorado investors who found themselves unable to sell securities after they had been froze. The settlement… Continue Reading E*Trade to pay $3.5 million to Colo. investors