Tuesday, June 12, 2018

Merrill to Pay $15.7 Million for Duping Mortgage Bond Customers

Bloomberg Merrill to Pay $15.7 Million for Duping Mortgage Bond Customers Bloomberg Bank of America Corp.'s Merrill Lynch unit will pay $15.7 million to settle a U.S. regulator's allegations that it failed to properly supervise traders who persuaded clients to overpay for mortgage bonds by misleading them about how much the firm paid ... and more »...(read more)
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