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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

$382 Million

WASHINGTON - State Street Bank and Trust will pay $382.4 million for misleading mutual funds and other clients by applying hidden markups to foreign currency exchange trades, the SEC said Tuesday: $167.4 million in disgorgement and penalties to the SEC, $155 million in fines, and at least $60 million to ERISA plan clients.

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