THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Friday, November 10, 1995 TAG: 9511100540 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 22 lines
The Securities and Exchange Commission is investigating whether the brokerage unit of NationsBank Corp. misled customers about the risks of investing in mutual funds. SEC regulators were seeking information about whether representatives of NationsSecurities engaged in unfair business practices when selling and advertising mutual funds. The SEC investigation includes NationsSecurities' sale of two publicly-traded mortgage bond funds, Nations Government Income Trust 2003 and 2004. (Bloomberg Business News) by CNB