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SEC wins landmark insider trader ruling

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The U.S. Securities and Exchange Commission was allowed to pursue a lawsuit against two former brokers who sought to upend how the regulator battles insider trading. But the victory may be short-lived.

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Wells Fargo said to acquire new London HQ

Wells Fargo will pay about $397m to acquire a new London headquarters enabling the bank to increase its presence in the U.K. capital, according to two people familiar with the matter who asked not to be named because the details are private.