UPDATE 1-Bank of Montreal pays $38 mln to settle U.S. SEC charges it hid conflicts
Two units of Bank of Montreal
agreed to pay about $38 million to settle U.S. regulatory
charges they concealed conflicts of interests by failing to tell
clients their money was often being invested in expensive,
in-house funds.
agreed to pay about $38 million to settle U.S. regulatory
charges they concealed conflicts of interests by failing to tell
clients their money was often being invested in expensive,
in-house funds.
Posted by Reuters
