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Invesco Trust To Pay DOL $10M for ERISA Violations Tied To Collective Fund
FYI: Invesco Trust Co. agreed Friday to pay $10.27 million to the Department of Labor to settle claims that the company violated the Employee Retirement Income Security Act by not disclosing losses to investors when its Invesco Short-Term Investment Fund’s NAV dropped below $1. Regards, Ted http://www.thinkadvisor.com/2016/04/29/invesco-trust-to-pay-dol-10m-for-erisa-violations
