Tuesday, June 26, 2007

 

Manulife Settles With SEC for $19 Million

Manulife Financial Corp. and its subsidiaries, including John Hancock, settled with the Securities and Exchange Commission today for nearly $19 million for allegedly using mutual fund assets to pay brokers for preferred treatment, regulators said.

Manulife Settles With SEC for $19 Million
Source: Wall Street Journal (subscription required)

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