PIMCO agreed to settle two enforcement actions over a failure to disclose material information concerning interest rates swaps in one action, and to accurately waive certain advisory fees in the other.
Pacific Investment Management Company (PIMCO) will pay $9m to settle two enforcement actions with the SEC over allegations that it broke federal disclosure rules when advising on two funds.
In the first action, the SEC said PIMCO failed to disclose material information to investors between September 2014 and
The second
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