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The SRO reports that high-pressure con-artists are making a comeback.
Among the unfortunate trends that have made a comeback is the “boiler room-style calls touting the next hot stock,” say officials at the Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulating organization (SRO) focused on broker-dealers. As glamorized in the movie “Boiler Room,” from 2000 and later in “The Wolf of Wall Street,” from 2013,...
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