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Published 04:38 IST, September 20th 2024

Macquarie unit to pay nearly $80 million to settle SEC charges

The regulator found that Macquarie Investment Management Business Trust, which is a part of Macquarie Asset Management, overvalued about 4,900 largely illiquid CMOs in 20 advisory accounts.

Reported by: Thomson Reuters
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Macquarie | Image: Republic
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04:38 IST, September 20th 2024