MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 15, 2007 Treadway Plunking Down Dough Again Seven months after settling with the SEC for $572,000 over his alleged involvement in a market timing scandal, Stephen Treadway has reached another settlement with the SEC. This time around, the former chairman of the PIMCO Funds: Multi-Manager Series, who also served as chief executive officer of the firm that distributed the funds, will pay $75,000 for his alleged failure to disclose the conflict of interest that arose from PAD's arrangements with nine broker-dealers for increased shelf-space. Treadway neither admitted nor denied the allegations. Printed from: MFWire.com/story.asp?s=14406 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |