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March 3, 2005

Japan to apply public-tender-offer rules to off-hours stock trading


SEC is looking at stock trading

The Securities and Exchange Commission has begun a broad examination into whether Wall Street bank employees are leaking information about big trades to favored clients, like hedge funds, in an effort to curry favor with those clients, executives at Wall Street banks said.

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3RD LD: Murakami Fund probed over possible insider stock trading

_ (EDS: UPDATING, CHANGING SOURCES. 4TH LEAD TO FOLLOW)

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