Kenneth P. Felis settled a suit by the SEC.
The former stockbroker, accused of using tips from ex-Wall Street Journal reporter R. Foster Winans to make money in the stock market, agreed to forfeit $160,000 to settle charges by the Securities and Exchange Commission against him, the commission said. The action came in a consent agreement under which Felis neither admitted nor denied liability. The SEC agreed to drop Felis from a civil suit that it filed against Winans and two others.
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