Comment on Report: SEC Probing Pimco For Artificially Boosting Returns

Report: SEC Probing Pimco For Artificially Boosting Returns

The Wall Street Journal is reporting that the Securities and Exchange Commission is investigating investment firm Pacific Investment Management Co. for artificially boosting returns of the Pimco Total Return ETF, a product aimed at retail investors. It is the giant bond fund's flagship exchange traded fund, and is managed by Pimco CEO Bill Gross himself.

 

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