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The conclusions and legislative recommendations are summarized below. The entire report sets forth the information and analysis on which they are based (for further details, see specifically Chapter 13, PROPOSALS AND RECOMMENDATIONS TO COMBAT MICRO-CAP STOCK FRAUD, infra).
SUMMARY OF ATTORNEY GENERAL'S RECOMMENDATIONS
1. Increased Resources for Investigation, Registration, Enforcement and Investor Education
The many changes that have taken place in the securities industry over time and many recent innovations have created a need for increased resources dedicated to investor protection. The number of professionals in the industry, the number of new investors, the number of complaints and the amount of fraud have all out-paced the resources of state securities regulation.
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