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Wednesday, August 20, 2008
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The SEC has distributed $58 million to investors who were harmed by undisclosed market timing by Putnam and Janus.
Shares of Lehman Brothers Holdings fell nearly 13% today on negative analyst comments.
Tax INsight
Some income not useable in bankruptcy
Under IRC Section 108, certain exceptions allow a taxpayer to exclude COD income from gross income.
The new system will be called IDEA, short for Interactive Data Electronic Applications.
Better Alternative Trading System will operate as a registered national securities exchange.
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