SEC Seeks $99M From Convicted McGinn Smith Brokers

By Ben Conarck ( March 4, 2015, 4:32 PM EST) -- The U.S. Securities and Exchange Commission on Tuesday asked a New York federal judge to order two McGinn Smith & Co. brokers accused of a $126 million investment scheme to pay $87,433,200 in disgorgement fees and $11,668,000 in prejudgment interest, less than half of the amount in penalties that the commission had lobbied for last month....

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