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BNP Paribas to Remain U.S. Investment Adviser After Guilty Plea

June 30 (Bloomberg) -- BNP Paribas SA, the French bank that pleaded guilty today to violating U.S. sanctions laws, won’t be prevented from serving as an investment adviser.

The bank won a temporary reprieve from a ban on serving as an investment adviser under an order issued today by the U.S. Securities and Exchange Commission.

To contact the reporter on this story: Dave Michaels in Washington at dmichaels5@bloomberg.net

To contact the editors responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net Anthony Gnoffo

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