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Oppenheimer To Pay $4M In Market Timing Case

By Bailey Somers (February 21, 2008, 12:00 AM EST) -- Broker Oppenheimer & Co. has been ordered to pay a $250,000 fine and shell out $4.25 million in restitution to more than 60 mutual funds. The Financial Industry Regulatory Authority found that the firm engaged in illegal market timing....

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