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Stock Trading News
SEC accuses Dallas investors of insider trading (AP)
AP - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.
Asian shares slip in early trade after US declines (AP)

As Walmart hits 8,500 stores worldwide, it's also been improving the look and feel of its stores in the U.S. Shown here is a new supercenter just before its grand opening. (Photo: Business Wire)AP - Asian stocks slipped early Friday, after shares on Wall Street fell amid uncertainty about current economic conditions.



Citigroup to pay $75 million to settle SEC charges (Reuters)

Pedestrians walk past a Citibank branch in Washington in this January 19, 2010 file photo. REUTERS/Jim YoungReuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.



Citigroup paying $75M to settle civil charges (AP)
AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
SEC charges Wyly brothers with $550 million fraud (Reuters)
Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.


Investing Ideas
Did Exxon misplay its bet on China?
If new estimates are right, China won't import as much liquefied natural gas as once thought, leaving big energy companies -- particularly Exxon Mobil -- in the lurch.
Safe plays for shellshocked investors
Fear can make settling for low returns seem almost prudent. But seeking safety doesn't have to mean accepting sorry returns, especially at this point in the market cycle.
Is your smart phone spying on you?
The same device that puts the world at your fingertips can be a snoop's best friend. Here's how consumers -- and investors -- can respond to the risks.
The best banks to invest in
The post-crisis financial landscape may be confusing, but it offers more banking models to choose from -- including one that seems poised for long-term growth.
Congress overhauls your portfolio
Newly enacted financial reforms are significant for ordinary investors, who should prepare for changes in their mutual funds, brokerage accounts and stock holdings.

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