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

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Photo: Spencer Platt/Getty Images

Julie DiMauro

1 min read
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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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