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Missouri tells Stifel to buy back more auction-rate securities

Missouri Secretary of State Robin Carnahan told Stifel Nicolaus Inc. to increase its buyback of auction-rate securities so investors can sell their holdings and recover more money. Stifel's brokerage unit said Feb. 11 it intends to buy back about $40 million of the $183 million held by its clients. The company said Feb. 27 it may ...

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