SEC reaches accord with Madoff associates (AP)

Black velveteen slippers embroidered with gold thread, one of more than 400 pieces of personal property, jewellery and antiques belonging to Bernard Madoff and his wife, are seen in this undated handout photo made available October 20, 2010. The items will be sold by the United States Marshals Service during a live and on-line auction in New York on November 13, 2010.  Proceeds from the auction will be deposited in the United States Department of Justice Asset Forfeiture Fund to compensate victims of the multi-billion dollar fraud.      REUTERS/U.S. Marshals Service/Handout   (UNITED STATES - Tags: CRIME LAW BUSINESS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSAP – Federal regulators have reached a settlement with a New York brokerage firm and its executives to resolve allegations resulting from a probe into Bernard Madoff’s epic fraud.

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