Franklin Templeton Pays $325K SEC Fine Over ETF Losses

By Al Barbarino (July 6, 2020, 8:19 PM EDT) -- Two Franklin Templeton advisers have agreed to pay a combined $325,000 in civil penalties to settle claims that they invested client investment vehicles too heavily into exchange-traded funds, then failed to reimburse losses tied to the investments and kept them from the client funds' boards, the U.S. Securities and Exchange Commission said....

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