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<p><span>The Securities and Exchange Commission today charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an effort to reverse the company’s plummeting stock price.</span></p>
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its chief operating officer with scheming to frau.