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: Securities Law Prof Blog

AmSouth Settles Action Alleging Improper Use of Administrative Fees

By Securites Lawprof

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The SEC issued an enforcement action against AmSouth Bank and AmSouth Asset Management (AmSouth) for defrauding AmSouth mutual funds by secretly using a portion of administrative fees paid by fund shareholders for marketing and other unrelated expenses that should have...

Full post as published by Securities Law Prof Blog on September 23, 2008 (boomark / email).

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