RBC Capital Markets to Pay $30.4 Million to Resolve SEC Claims

RBC Capital Markets LLC will pay $30.4 million to resolve U.S. Securities and Exchange Commission claims that the firm sold unsuitable investments to five Wisconsin school districts.

The SEC announced the settlement in an e-mail statement today.

To contact the reporter on this story: Gregory Mott in Washington at gmott1@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net

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