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Morgan Keegan Victims Say SEC Failed To Hand Over $100M

By Kathryn Brenzel (July 26, 2013, 6:37 PM EDT) -- Customers of Morgan Keegan & Co. Inc. on Thursday hit the U.S. Securities Exchange Commission with a suit in Mississippi federal court accusing the regulator of arbitrarily delaying distribution of $100 million of a 2011 settlement involving mortgage-backed securities fraud, alleging that investors have suffered from flaws in the SEC's Fair Fund system....

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