TITLE

Wachovia Pays Fine For Research Conflicts

AUTHOR(S)
O'Connor, Colleen Marie
PUB. DATE
July 2006
SOURCE
Investment Dealers' Digest;7/10/2006, Vol. 72 Issue 27, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
21644963

 

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