Stifel Financial plans 100% buyback of ARS
Stifel Financial Corp. said Monday it plans to buy back all auction rate securities held by its retail investors, who bought them prior to the collapse of the ARS market in February 2008.
Stifel Financial Corp. said Monday it plans to buy back all auction rate securities held by its retail investors, who bought them prior to the collapse of the ARS market in February 2008.
Stifel said it will begin the buyback in June and over the next three years its subsidiary, Stifel Nicolaus &
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