PIMCO Receives SEC Wells Notice On Total Return ETF

It looks more and more like this man is being missed

Well known asset management firm PIMCO announced that it received a "Wells Notice" from the SEC related to its Total Return exchange-traded fund on Monday. "BOND" is an actively traded ETF that is designed to track PIMCO's flagship Total Return Bond Fund.

Keep in mind that an SEC "Wells Notice" is not an allegation of wrongdoing nor a definite claim that a law was violated. It simply indicates that the SEC's enforcement staff has...

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