Securities and Exchange Commission Administrative Law Judge Brenda Murray has dismissed administrative proceedings against two former State Street Corp. (STT) executives who had been accused of tipping clients on soured subprime mortgage investments, Reuters reported Monday on its website.

Proceedings were dropped against John P. Flannery and James D. Hopkins, according to an initial decision taken Friday.

Full story at: www.reuters.com/article/2011/10/31/us-statestreet-legal-idUSTRE79U3HR20111031

-Dow Jones Newswires; 212-416-2900

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