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SEC to distribute $2.3M in AIG Advisor settlement

The AIG Advisor Group has reached the end of a dispute with the SEC over a manager who oversaw brokers selling Class B shares of mutual funds instead of selling A shares, which would have entitled buyers to certain discounts.

The AIG Advisor Group has reached the end of a long running dispute with the SEC over a manager who oversaw brokers selling Class B shares of mutual funds instead of selling A shares, which would have entitled buyers to certain discounts. The distribution plan has been announced just as AIG is enter

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