SEC orders AIG unit to pay $40 million for disclosure violations in teacher retirement plans
August 5, 2020 by Mark Schoeff Jr.
The Securities and Exchange Commission Tuesday ordered VALIC Financial Advisors to pay nearly $40 million to settle charges that the firm failed to disclose business practices and investment selections that harmed Florida teachers saving for retirement.
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Originally Posted at InvestmentNews on July 28, 2020 by Mark Schoeff Jr..
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