The prosecution has rested in the ninth week of the government's fraud and conspiracy trial of former Enron chairman Kenneth Lay and chief executive Jeffrey Skilling.

In Houston, U.S. District Judge Sim Lake dismissed two counts of securities fraud and one count of lying to auditors against Skilling, who still faces 28 other criminal counts. One count of securities fraud against Lay was also dropped. He still faces six counts. The charges were dropped because the crimes were alleged to have taken place during the first quarter of 2000, a time period for which prosecutors presented no evidence.

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