MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, March 11, 2005 KeyCorp's B-D Settles with NASD KeyCorp's broker-dealer subsidiary McDonald Investments will pay a $275,000 fine to resolve market timing allegations with the NASD, the company disclosed in a Friday filing. KeyCorp officials stated that the company had submitted a consent letter to the NASD in late February, and that the offer was in turn accepted by NASD regulators on March 10. The NASD alleged that McDonald failed to properly supervise and detect mutual fund trading abuses. Printed from: MFWire.com/story.asp?s=9243 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |