Friday, July 13, 2007

Edward Jones to pay $75 million in SEC settlement

(Reuters) - Edwards Jones settled without admitted or denying the charges.




As part of the settlement, Edward Jones agreed to increase disclosures on its Web site about the preferred mutual fund family program and the savings plan. It also agreed to pay $37.5 million in disgorgement and $37.5 million in civil penalties.


Read more at Reuters.com Business News

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