UPDATE 2-State Street pays $94.3 mln to settle U.S., state charges over hidden fund markups
State Street Corp agreed to pay
$94.3 million to settle federal and state regulatory charges it
routinely overcharged mutual fund customers and other clients
over roughly 17 years by adding hidden markups on back-office
expenses.
$94.3 million to settle federal and state regulatory charges it
routinely overcharged mutual fund customers and other clients
over roughly 17 years by adding hidden markups on back-office
expenses.
Posted by Reuters
