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Judge Says SEC Annuity Suit Doesn't Supersede State Law

By Katryna Perera ( December 14, 2023, 7:18 PM EST) -- A Massachusetts federal judge on Thursday denied a dismissal bid by investment adviser Jeffrey Cutter and his firm against the U.S. Securities and Exchange Commission's suit alleging he lied about commissions he was earning off clients' annuity plans, saying the regulator adequately claimed that Cutter failed to make required disclosures to clients....

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