Securities Fraud

The SEC claims in a federal complaint that Michael Barry Carter, 46, of Knoxville, Tenn., “misappropriated approximately $6 million from brokerage customers and an elderly investment advisory client while he served as their financial adviser at a large financial institution.”

BALTIMORE — The SEC claims in a federal complaint that Michael Barry Carter, 46, of Knoxville, Tenn., “misappropriated approximately $6 million from brokerage customers and an elderly investment advisory client while he served as their financial adviser at a large financial institution.”

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Securities Fraud

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