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The Securities and Exchange Commission just gave state Treasurer Tim Cahill's independent gubernatorial campaign something big to worry about. The Boston Herald reports: "Federal regulators claim a Medfield executive illegally won participation in $14 billion of bond deals after co-sponsoring a fund-raiser for state Treasurer Tim Cahill and donating to his campaign. ... Federal law bans firms from seeking bond business from a state within two years of donating more than $250 per election cycle to any candidate involved in awarding such contracts."
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