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Dow Jones Newswires, June 2009
Confirming valuations of securities with more than one source has become
a best practice among many investment advisors - and one that could become
more prevalent if the SEC's proposal, which would make third-party verification
mandatory, is implemented. Guy
F. Talarico, CEO of Alaric Compliance Services, LLC, was quoted as
saying "without third party review, investors run the risk that investments
aren't being reported accurately." "There have to be counterweights."
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