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Headline: Time to level the playing field Source: Euromoney Date: January 2001 CSFB is also the chief suspect in a probe into IPO allocation processes by the Securities and Exchange Commission, one which could shake up the entire industry. The SEC began its inquiry after receiving an anonymous letter from a buy-side firmrm, alleging that CSFB was tying allocations to higher commissions. Usually, investors pay five cents a share; allegedly CSFB, and others, have been charging up to $1 a share for select IPOs. |
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