Inside Morgan Keegan's SEC Settlement

Law360, New York (July 7, 2011, 7:48 PM EDT) -- The U.S. Securities and Exchange Commission, state regulators and FINRA on June 22, 2011, announced that Morgan Keegan & Company ("Morgan Keegan") and Morgan Asset Management ("Morgan Asset") agreed to pay $200 million to settle fraud charges related to subprime mortgage-backed securities valuations in their registered funds.[1]...

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