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Icahn Settles With SEC Over Company-Betting Loan Claims

By Jessica Corso ( August 19, 2024, 10:00 AM EDT) -- The U.S. Securities and Exchange Commission on Monday announced that hedge fund billionaire Carl Icahn and his publicly traded company have agreed to pay $2 million to end an enforcement action accusing them of failing to disclose the use of Icahn Enterprises LP shares as collateral on personal margin loans....

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