NEW YORK -- Emphasizing the increased role of state attorney generals in criminal enforcement, Eliot Spitzer distinguished between recent financial services industry scandals to a packed criminal justice section of the New York State Bar Association lawyers last Thursday.

The New York attorney general compared last year's research scandal in the banking sector to his ongoing probe into the mutual fund industry, saying that the former was an issue of the rules being wrong, while the latter was more a case of rules being violated.

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