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Regulators Probe Marketing of Hot Private Tech Shares - WSJ

Securities regulators have launched a broad investigation into whether hedge funds and other investors are improperly selling hot private technology stocks amid a boom in the trading of such shares, people close to the probe say.

The regulatory scrutiny, which is at an early stage, follows a March article in The Wall Street Journal that delved into the role of middlemen in the burgeoning market for private shares.

The...

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