NEW YORK AND CONNECTICUT LOOK INTO LIBOR RATE-FIXING ALLEGATIONS
Posted On: July 17th, 2012
Source: http://www.legitgov.org
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New York and Connecticut look into Libor rate-fixing allegations 16 Jul 2012 New York and Connecticut attorneys general have joined forces to investigate alleged manipulation of the Libor interest rates. The scandal is already being investigated by the US justice department and financial regulators on both sides of the Atlantic. But the involvement of New York state is likely to ramp up the investigation. New York state's Martin Act gives its attorney general the most wide-ranging investigative powers of any state.
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