Drexel Burnham Lambert Inc. and two other...
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Drexel Burnham Lambert Inc. and two other commodity firms and their employees have agreed to pay almost $500,000 to settle charges of illegal trading in gold and silver futures in 1986, the Commodity Futures Trading Commission said. The agency said it had simultaneously filed and settled a seven-count administrative complaint against the companies and individuals. Mocatta Metals Corp., a bullion dealer, and Mocatta Corp., a broker, are named in the complaint along with Drexel. The charges were settled without admitting or denying guilt.
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