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Articles Posted in Massachusetts Regulator

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Massachusetts Regulator Probes Alternative Mutual Funds Sold by JPMorgan Chase, Wells Fargo, BlackRock, and Other Financial Advisers

William Galvin, the Massachusetts Secretary of the Commonwealth, is investigating the sale of 25 alternative mutual funds, including those created by Wells Fargo (WFC), JPMorgan (JPM), Eaton Vance (EV), and BlackRock (BLK). The state’s securities division sent subpoenas to registered investment advisers that deal with the funds. It noted, however,…

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