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Posts Tagged ‘raymond james’

Raymond James is 16th to settle in ARS complaints

by Amanda Miller Published: December 16,2011

Tags: auction rate securities, Investors, raymond james, settlement

Raymond James Financial Services agreed Wednesday to buy back in excess of $25 million worth of auction rate securities from Colorado investors in a settlement with the Colorado Division of Securities. The firm was accused of allowing salespeople to tell investors that the auction rate securities were just as liquid as money market accounts, but [...] [...]

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