Federal and state programs instituted to educate the public about investing wisely are fighting over money allotted to them in the aftermath of the stock research scandals that surfaced in 2003, the Wall Street Journal reports.

The landmark $1.4 billion settlement reached in April 2003 with Wall Street investment banks for misleading stock research put aside $30 million for investor-education efforts in the states and another $55 million for a federal program.

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