Posted On: February 8, 2006 by Kirk Reasonover

Morgan Keegan Mutual Funds – Paying to Get Out of Hot Water

Morgan Keegan announced plans to pay a settlement that includes a $100,000 fine and over $458,000 in interest and other payments. The firm made the payment to settle claims by the Securities and Exchange Commission regarding late trading of mutual funds. Morgan Keegan neither confirmed nor denied the findings of the SEC.

Read the story:

http://www.bizjournals.com/memphis/stories/2006/02/06/daily27.html