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n4blogspot.
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isa:250452575
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the statute does not say that all must be paid ???pro rata.??? It says victims must be paid ???ratably.??? SIPC, the Trustee, and everyone else, including me, always seems to have assumed that paying victims ???ratably??? means paying them ???pro rata.??? The words ???pro rata??? and ???ratably??? sound and look as if they should mean the same thing.
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