LOS ANGELES -- A targeted business enterprise in Irvine, Calif., owned by a disabled veteran recently became the third such firm to be invited to participate in underwriting selling groups by the state treasurer's office.

The firm, Great Pacific Securities Inc., qualified for participation after it received a stand-alone broker-dealer license from the National Association of Securities Dealers. The firm has been in business for two years in California, with previous municipal transactions being cleared through a NASD firm in Colorado.

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