
Regulation
BMO Pays $41M to Settle SEC Charges of Failing to Supervise ‘Sliver Bond’ Sales
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
They have lower volatility and often better returns than corporates, a study by the Gundlach firm concludes.