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Credit Suisse agrees to $79M Colorado settlement
Quick ReadCredit Suisse to buy back $79 million in auction rate securities from Colorado investors
DENVER (AP) — Credit Suisse Securities (USA) LLC has agreed to buy back $79 million of auction rate securities from Colorado investors who struggled to sell them after the market for them froze.
State regulators said the agreement announced Tuesday is part of a multistate settlement in which Credit Suisse agreed to buy back or resolve more than $3.5 billion of auction rate securities from...
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