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‘Money Guy’ Rousseaux loses appeal of sanctions (access required)

Defrocked investment adviser and former infomercial star Philip Rousseaux and his Towson firms will remain out of business. Maryland’s second-highest court ruled Thursday that the state securities commissioner acted within her authority in permanently revoking Rousseaux’s registration and fining him $255,000 after concluding he had committed or participated in more than 1,000 securities violations. In its reported ...

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