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Expert Analysis

Assessing SEC Power In Administrative Proceedings

Law360 ( March 24, 2011, 1:47 PM EDT) -- On March 1, the U.S. Securities and Exchange Commission brought an enforcement action against Rajat Gupta, alleging that Gupta tipped Raj Rajaratnam, the founder and managing general partner of the hedge fund investment adviser Galleon Management based on information that Gupta allegedly received as a director of both the Goldman Sachs Group and Procter & Gamble Co....

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