WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Wednesday that Credit Suisse Securities (USA) and two affiliated Credit Suisse entities had agreed to pay over $10 million to settle charges they provided prohibited mutual fund services.
Without admitting or denying the SEC’s findings, the Credit Suisse entities agreed to pay more than $6.7 million in disgorgement and prejudgment interest and civil penalties totaling $3.3 million, the SEC said.
(Reporting by Kanishka Singh in Washington; editing by Jonathan Oatis)
