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Tribune editorial: SEC is making a mistake closing its Salt Lake City office

Utah has long been a hive of financial scams and villainy.

(Utah State Historical Society) Workers at a uranium mine near Moab in the 1950s. The demand for uranium, brought on by the Cold War, fostered a fair number of scam artists selling fake shares of Utah uranium mines — which prompted the U.S. Securities and Exchange Commission to open its first office in Salt Lake City in 1954.