SEC Fines A.G. Edwards Trio In Market-Timing Scam

Law360, New York (March 11, 2008, 12:00 AM EDT) -- Three A.G. Edwards & Sons brokers have been fined a combined $750,000 for their roles in an illegal market-timing scheme that saw the firm fork over $3.8 million last year for its alleged part.

The U.S. Securities and Exchange Commission on Tuesday announced the orders against the trio, James D. Edge, Jeffrey K. Robles and Thomas C. Bridge, all current brokers with the firm. The three are the last to be dealt with by the commission in connection with the scam.

In addition to the fines,...
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