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Fund Manager Fights SEC Claims Over 'Death Put' Scheme

By Carmen Germaine (January 30, 2017, 10:25 PM EST) -- The U.S. Securities and Exchange Commission's administrative suit claiming a New York hedge fund manager defrauded options issuers by recruiting terminally ill patients to profit on early redemptions after their deaths opened Monday, as the manager admitted portions of his documents were inaccurate but maintained the strategy was fully legal....

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