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Most of the transactions occurred in the last three years, after the value of the credits was increased to make them more attractive to farmers.
Both transactions occurred on the same day, and both buyers were represented by the same real estate lawyer, Stuart M. Saft.
In a statement, Merrill denied the claim yesterday, saying: "We have no reason to believe that any such inappropriate transactions occurred.
He said that when Gradsave handed money over to a 529 account, any securities transactions occurred inside of that account according to the wishes of whoever controls it.
Even as the controversy over Ms. Palin's makeover continues — controversy that many of her defenders said would not surround a male politician — it remains unclear exactly how the transactions occurred and who made the purchasing decisions.
Yahoo insists it did not fully understand what was happening until March of this year and that the two transactions "occurred without the knowledge or approval of the Alibaba Group board of directors or shareholders".
Similar(34)
Nor is the fact that these transactions occur in the private sector.
And, he said, 80 percent of consumer transactions occur at the top 200 merchants.
A disadvantage is that all manner of fainthearted, small-minded, cynical, greedy transactions occur out of sight.
Some derivatives transactions occur on exchanges, where the value and nature of the contracts are disclosed, but many do not.
For instance, users can share "stealth" addresses, which let transactions occur between wallets known only to the sender and receiver.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com