WASHINGTON (CN) - TD Ameritrade agreed to cough up $10 million to customers who still hold shares of the Reserve Yield Plus Fund, the SEC said. The SEC accused Ameritrade of failing to supervise its registered representatives, some of whom misled customers when selling shares of the Reserve Yield Plus Fund, a mutual fund that 'broke the buck' during the market chaos of September 2008.
Categories / Uncategorized
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.
Additional Reads
-
-
Texans head to the polls for high-stakes US Senate primary February 17, 2026