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SEC unveils post-Madoff broker oversight plan

U.S. securities brokers would be more closely scrutinized by accountants and be subject to stricter rules for how they handle their customers' assets under a plan proposed by federal regulators on Wednesday.

 

Court Ruling Clears Path for G.M. to Restructure

Court Ruling Clears Path for G.M. to Restructure

A federal judge approved a plan by General Motors to sell its best assets to a new, government-backed company, a crucial step for the automaker to complete its bankruptcy process.

 

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