This is a news story, published by CNBC, that relates primarily to SEC news.
For more banking & finance news, you can click here:
more banking & finance newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
Collateral Yield Enhancement Strategy. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Merrill Lynch news, Harvest news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Harvest Volatility ManagementCNBC
•80% Informative
SEC charged Harvest Volatility Management and Merrill Lynch for exceeding clients' predesignated investment limits over a two-year period.
The two companies settled separately and will pay a combined $9.3 million to resolve the claims.
Merrill , owned by Bank of America , and Harvest have agreed in separate settlements.
VR Score
88
Informative language
93
Neutral language
69
Article tone
formal
Language
English
Language complexity
73
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links