Registered: Sep 2011
Posts: 550

"U.S. Rep. Bill Cassidy plans to file legislation Thursday to allow investors of R. Allen Stanford to individually opt out of a federal lawsuit for one-time buyouts of up to $500,000."

http://theadvocate.com/home/2016992...o-stanford.html

Registered: Sep 2011
Posts: 550

"U.S. District Judge Robert Wilkins in Washington today ruled that SIPC, a nonprofit corporation funded by the brokerage industry, must tell the court by Feb. 16 why it shouldn’t be ordered to start a liquidation proceeding in federal court in Texas to handle more than $1 billion in possible claims related to the alleged Stanford fraud."

http://www.businessweek.com/news/20...rd-victims.html

Registered: Sep 2011
Posts: 550

NAIBD Supports SIPC on Stanford Claims

http://www.investmentnews.com/artic.../FREE/120219934

NAIBD members weigh-in on the debate here:

http://www.petition2congress.com/61...-stanford/view/

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