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Lawyers are up in arms about new rules proposed by the Securities and Exchange Commission that they say will force them to disclose client confidences. Some 75 of the nation's biggest law firms are "express[ing] their concern" with the proposed rules in a letter that Sullivan & Cromwell's William J. Williams Jr. says will be submitted to the SEC today, the last day the agency is taking public comments on the rules.
December 18, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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