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Federated Investors Settle Market Timing Case For $72M

By Erik Larson (November 28, 2005, 12:00 AM EST) -- Three Federated Investors affiliates have agreed to pay $72 million to settle allegations by the U.S. Securities and Exchange Commission and New York Attorney General Elliot Spitzer that they broke federal securities laws with undisclosed market timing arrangements and late trading....

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