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JMP Plans IPO

Stock quotes in this article: MER , BAC  

JMP Group is the latest boutique brokerage firm looking to go public.

The firm could raise up to $100 million in the offering, according to a filing with the Securities and Exchange Commission. It plans to trade under the ticker JMP.

JMP was founded in 1999 by former executives from Montgomery Securities, which was acquired by Bank of America(BAC Quote). ...

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