UPDATE 1-Merrill Lynch to pay $8.9 mln to settle charges -U.S. SEC
August 20, 2018 at 14:48 PM EDT
Merrill Lynch's equity research arm has agreed to pay $8.9 million to settle charges that it failed to disclose its own conflict of interest in advising clients about third-party products, the U.S. Securities and Exchange Commission said on Monday.
