Thursday, December 1, 2016

UPDATE 1-Pimco to pay $20 mln over misleading investors about ETF -U.S. SEC

WASHINGTON/NEW YORK, Dec 1 (Reuters) - Pacific Management

Investment Co (Pimco) will pay $20 million to settle charges

that it misled investors about the performance of a top

exchange-traded fund it manages, U.S. regulators said on

Thursday.

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