SEC Nabs Win In $22M Oil Drilling 'Partnership' Fraud Case

By Jody Godoy ( March 23, 2016, 3:42 PM EDT) -- A Texas federal judge has handed the U. S. Securities and Exchange Commission a quick win on their securities fraud claims against brokers who sold $22 million in "partnerships" in oil and gas drilling projects, agreeing with the regulator that the projects weren't joint ventures but unregistered investment vehicles. . . .

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