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SEC Member Asks Congress To Override Morrison Decision

By Ian Thoms (April 12, 2012, 7:26 PM EDT) -- A member of the U.S. Securities and Exchange Commission urged Congress on Wednesday to undo the effects of the U.S. Supreme Court's landmark 2010 decision in Morrison v. National Australia Bank Ltd., saying it unfairly deprives defrauded investors of their day in court....

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