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January 23, 2019  

Another Prime Broker Enters Field

R.F. Lafferty & Co. is joining a string of firms that offer prime-brokerage services to hedge fund operators too small to attract the attention of large financial institutions.The New York firm plans to roll out the services in the next three to six months, handling functions including custody, securities lending, margin lending, risk analysis and trading. As an introducing broker, it would steer any clearing business to BNY Mellon unit Pershing...

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