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7th Circ. Affirms Dismissal Of Securities Firms' Fee Suit

By Tom Zanki (December 14, 2015, 7:34 PM EST) -- The Seventh Circuit on Friday upheld an Illinois federal court's dismissal of a suit filed by a group of market makers accusing five stock exchanges of collecting unwarranted trading fees, ruling the plaintiffs had not exhausted administrative remedies and rejecting their bid to remand the case to state court....

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