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Republican Groups Ask SEC To Repeal Pay-To-Play Rule

By Ed Beeson (January 7, 2016, 3:23 PM EST) -- Foiled in their attempts to get the U.S. Securities and Exchange Commission's pay-to-play restrictions for investment advisers overturned in federal court, a pair of Republican groups has asked the agency to repeal its own rules on the grounds that they are unconstitutional, it was announced on Wednesday....

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