SEC fines Pimco over “odd-lot” bond mis-marking

The SEC has fined Pimco for mis-valuing assets in its credit focused Pimco Total Return ETF.

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TAGS: High yield bonds Pimco

Comment by: Anonymous. Posted 1 year ago [2016-12-07 16:14:20]

The magnitude of "ill-gotten gain" cannot be high. But it's surprising that Pimco's management and controls are so weak. They've damaged the brand.