Credit Suisse entities will pay $10m for prohibited mutual fund services

Credit Suisse Securities and two affiliated firms settle charges they provided prohibited services to mutual funds.

Credit Suisse Securities and two affiliated Credit Suisse entities will pay $10m to settle charges that they provided illegal underwriting and advising services to mutual funds, the SEC has said. Credit Suisse neither admitted or denied the charges.

Last year, a trial court in New Jersey banned the lender

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