PDA

View Full Version : Value Line, execs paying $45M to settle with SEC (AP)


Yahoo! Finance
11-04-2009, 07:50 PM
<b>Yahoo! Finance: Mutual Fund News</b>

Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more than $24 million in bogus commissions on mutual fund trades.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/091104/us_value_line_sec_settlement.html?.v=1)