Law360, New York (June 02, 2009) -- The U.S. Securities and Exchange Commission has asked a federal court to rule in its favor in a case against a trust products company that allegedly raked in $80 million by charging fees of up to 85 percent on mutual funds it sold to thousands of Latin American investors.
The SEC moved for summary judgment in the U.S. District Court for the Southern District of Florida on Monday, claiming U.S. Pension Trust Corp., U.S. College Trust Corp. and three...
