March 09, 2018 BY Valentina Kirilova

Voya Holdings Inc. advisers to repay clients $3.6 million

The Securities and Exchange Commission (SEC) has announced that it has charged two investment adviser subsidiaries of Voya Holdings Inc. with failing to disclose conflicts of interest and making misleading disclosures in connection with their practice of recalling securities on loan so their affiliates could receive tax benefits. The advisers agreed to pay approximately $3.6…

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