House Bill Would Insure Ponzi Feeder Fund Victims
The Ponzi Scheme Investor Protection Act, H.R. 5032, was introduced Thursday in the House by Reps. Gary Ackerman, D-N.Y.; Peter King, R-N.Y.; Ron Klein, D-Fla.; Dan Maffei, D-N.Y.; Ed Perlmutter, D-Colo.; and Jackie Speier, D-Calif.
The bill would expand the number of investors eligible for coverage through the Securities...
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