Violation Tracker Individual Record
Company:Fiduciary Asset Management LLC
Date:December 19, 2012
Offense Group:financial offenses
Primary Offense:investor protection violation
Fiduciary Asset Management agreed to pay nearly $3 million to settle allegations that it failed to adequately inform investors about the risky derivative strategies of a closed-end fund it managed.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
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