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Alias Born 04/05/2006

Re: None

Tuesday, 04/25/2006 12:35:02 PM

Tuesday, April 25, 2006 12:35:02 PM

Post# of 358439
After Mr. Koenig went to jail, the IDA told Canadian brokerages they could no longer serve U.S. clients without registering in the client's jurisdiction. Union, with three brokers relying on U.S. trades for over half of their commissions, quickly did an end-run around that rule.



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