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Last Updated: Sunday, May 17, 2026 at 04:12 PM
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PIMCO agrees to pay $50 million to SEC

PIMCO Advisors Fund Management Plc, recently renamed PA Fund Management LLC, has agreed to pay $50 million to settle fraud charges over undisclosed market timing trades, the U.S. Securities and Exchange Commission said Monday.
/ Source: Reuters

Mutual fund group PIMCO Advisors Fund Management Plc, recently renamed PA Fund Management LLC, has agreed to pay $50 million to settle fraud charges over undisclosed market timing trades, the U.S. Securities and Exchange Commission said Monday.

The settlement highlights another case involving the improper rapid buying and selling of mutual fund shares being investigated by the SEC in the $7.5 trillion mutual fund industry over the past year.

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