Pimco settles with SEC for nearly $20 million
Regulator said fund company misled investors about the performance of its actively managed Total Return ETF.
The Securities and Exchange Commission today announced that Pimco will pay nearly $20 million to settle charges that it misled investors about the performance of Pimco's Total Return ETF (BOND), one its first actively managed exchange-traded funds.
The fund attracted significant investor attention
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