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SECURITIES

The discovery rule did not apply to extend the time frame for the Securities and Exchange Commission to bring an enforcement action against those who allegedly aided and abetted investment adviser fraud. See “SEC enforcement action time-barred, justices rule” U.S. Supreme Court. Gabelli v. Securities and Exchange Commission, No. 11-1274. Feb. 27, 2013. Lawyers USA No. 993-3844.


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