OppenheimerFunds Fined USD35 Mln Over Swaps Use
OppenheimerFunds has agreed to pay USD35 million to settle charges by the U.S. Securities and Exchange Commission that it made misleading statements about its use of total return swaps to boost exposure to commercial mortgage-backed securities in two of its mutual funds.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
