WASHINGTON -- Federal regulators will examine "scores" of small-and medium-sized brokerage firms in coming months to determine the extent that "rogue brokers" are preying on investors, SEC chairman Arthur Levitt told Congress yesterday.

The "sweep" of firms would extend upon a review launched by the Securities and Exchange Commission in 1992 of the hiring and supervisory practices of nine of the country's largest retail brokerage firms in which the SEC uncovered "significant evidence" of sales practice problems.

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