Thursday, June 28, 2007

NASD fines four firms over mutual fund sales

(Reuters) - Class "B" and "C" shares typically do not carry up-front
sales charges, but often carry exit charges and higher annual
fees than Class "A" shares.




MML, NYLife and Securities America together agreed to
remediation plans covering at least 1,080 households and more
than 10,200 transactions.


Read more at Reuters.com Government Filings News

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