Fund Sales Practices Widespread Abuse. Mutual funds commonly pay brokers for promoting their shares but investors may not be aware of the practice known as "revenue sharing," regulators said Tuesday. Recent examinations by the Securities and Exchange Commission found 14 out of 15 brokers received cash payments for selling mutual … [Read more...] about SEC Probe of Fund Sales Practices Shows Widespread Abuses

Dynegy Inc. Accounting and Financial-Reporting Practices. Dynegy Inc. has agreed to pay a $3 million fine to settle the Securities and Exchange Commission's fraud investigation into the company's accounting and financial-reporting practices, under a pact that requires the embattled Houston energy trader to cooperate with the … [Read more...] about Dynegy Settles SEC Probe, Agrees To Pay $3 Million Fine