E*Trade to Pay $3.5 Million to Colorado Investors
Colorado Springs Business Journal › October 27, 2011
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Summary
Colorado Securities Commissioner Fred Joseph reached a settlement with E*Trade Securities related to its sale of auction rate securities to Colorado investors.
Under terms of the agreement, E*Trade will buy back $3.5 million worth of auction rate securities from Colorado investors who found themselves unable to sell securities after they had been froze. The settlement also includes a broader agreement by E*Trade to return about $100 million to the firm's clients on a nationwide basis.See the full content of this document
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E*Trade to Pay $3.5 Million to Colorado Investors
The settlement con...
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