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UK Fines Invesco $31.3M Over Control Failures

By Ed Beeson ( April 28, 2014, 8:50 PM EDT) -- The U.K.'s Financial Conduct Authority on Monday hit the British arm of asset manager Invesco Ltd. with an £18.6 million ($31.3 million) fine for violations that include blowing past risk limits and exposing individual investors to derivatives without clearly informing them....

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