New York Regulator Bars Falcone From Insurance Business

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New York Regulator Bars Falcone From Insurance Business

by Wochit 0:27 mins

New York Regulator Bars Falcone From Insurance Business

by Wochit 0:27 mins

The move by Benjamin M. Lawsky, New York's superintendent of financial services, comes after the Securities and Exchange Commission extracted an admission of wrongdoing from the hedge fund manager Philip Falcone and barred him from the securities industry for five years.

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