FINRA Announces Agreements in Principle with Five Firms To Settle Auction Rate Securities Violations

Agreements Include Offers to Repurchase Over $1.8 Billion of ARS Holdings at Par; Investigations Continuing at Nearly 50 Additional Firms

Last update: 10:30 a.m. EDT Sept. 18, 2008

WASHINGTON, Sep 18, 2008 (BUSINESS WIRE) — The Financial Industry Regulatory Authority (FINRA) announced today that it has reached agreements in principle [...]