UPDATE 1-Pimco to pay $20 mln over misleading investors about ETF -U.S. SEC
December 01, 2016 at 17:15 PM EST
WASHINGTON/NEW YORK, Dec 1 (Reuters) - Pacific Management Investment Co (Pimco) will pay $20 million to settle charges that it misled investors about the performance of a top exchange-traded fund it manages, U.S. regulators said on Thursday.