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On Thursday, the SEC charged Mark J. Varacchi and his Connecticut-based Sentinel Growth Fund Management with stealing money from investors. Varacchi and Sentinel promised their investors’ money was being routed to up-and-coming hedge fund managers. But instead, from 2013 to 2016, Varacchi and Sentinel diverted investor funds, held it in separately managed accounts, and made unauthorized withdrawals of their clients’ money, stealing at least $3.95 million

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The CDC’s recent disclosure of the death of a woman in Nevada has renewed focus on the public health risk of antibiotic resistance. What is noteworthy here is that the woman had Klebsiella pneumoniae that was resistant to all 26 antimicrobial drugs available in the United States. In addition, the bacterium had the gene New Delhi metallo-beta-lactamase (NDM) that she had contracted in India, most likely during her multiple hospital stays over the prior two years. Antibiotic resistance is a global concern, and there is particular worry that over-use of antibiotics in developing countries could lead to the emergence of a “superbug” that causes a severe epidemic

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On Wednesday, the SEC settled charges against Michael J. Breton and his Waltham, Massachusetts-based limited liability company Strategic Capital Management, LLC after Breton agreed to be banned from the securities industry for running an illegal cherry-picking scheme. The agency’s Market Abuse Unit uncovered Breton wrongdoing through data analysis, revealing six years of illegal behavior that ran from 2010 to 2016 and defrauded at least 30 investors

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