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SEC Charges NY Investment Advisor Thomas Priore and ICP Asset Management

By Adam Gana - Last updated: Monday, June 21, 2010

The Securities and Exchange Commission (SEC) announced today that it has charged a New York-based investment adviser Thomas Priore and three of his affiliated firms with fraudulently managing investment products tied to the mortgage markets as they came under pressure in 2007.
The SEC alleges that ICP Asset Management LLC [...]

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