Wachovia Pays Fine For Research Conflicts

O'Connor, Colleen Marie
July 2006
Investment Dealers' Digest;7/10/2006, Vol. 72 Issue 27, p10
Trade Publication
The article reports on the fine paid by Wachovia Capital Markets Inc. as part of the global research analyst settlement for research-related conflicts in the U.S. The North American Securities Administrators Association Inc. said that Wachovia agreed to pay $25 million to settle the charges. According to stock analysts, the fine will have a negative impact on the stock of Wachovia.


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