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Thursday, November 29, 2012 3:40:48 PM
The SEC, however, does do telephonic conferences, usually involving five or six SEC attorneys who ask questions. Did Fallacaro simply "confuse" the two agencies?
Normally, FINRA would only be involved if Fallacaro had made a corporate action request and they had questions about it.
Either way, though, it was really dumb of him not to have had a lawyer on the line when he was invited to do so.
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