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Market-Timing Probe To Shift to Individuals

The New York Stock Exchange and other regulators are shifting the focus of their market-timing investigations from mutual fund companies and hedge funds to individual brokers and their supervisors, according to Susan Merrill chief of enforcement for the NYSE said.

The NYSE's market-timing cases against mutual funds "have largely been wrapped up, but many individuals could be in the cross hairs," Merrill said.

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