Merrill Lynch settlement with SEC worth up to $7B (AP)

Posted by admin on August 30, 2008 under News | Be the First to Comment

Merrill Lynch settlement with SEC worth up to $7B (AP)
AP – Federal regulators said Friday that investors who bought risky auction-rate securities from Merrill Lynch & Co. before the market for those bonds collapsed will be able to recover up to $7 billion under a new agreement.

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