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Archive Home > 2009 > September > 10 > SEC defends $33M BofA settlement

SEC defends $33M BofA settlement


September 10, 2009

WASHINGTON — Federal regulators on Wednesday defended their proposed $33 million settlement with Bank of America over bonuses paid by Merrill Lynch. But the Securities and Exchange Commission said the bank didn’t waive attorney-client privilege, making it impossible to establish if its....

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