© 2025 New Hampshire Public Radio

Persons with disabilities who need assistance accessing NHPR's FCC public files, please contact us at publicfile@nhpr.org.

Support

Play Live Radio

Next Up:

0:00

0:00

0:00 0:00

Available On Air Stations

Win big during NHPR's Summer Raffle! Purchase your tickets today!

Brokerages Move to Settle Conflict-of-Interest Cases

NPR

By Jim Zarroli

Published December 21, 2002 at 12:00 AM EST

Ten major brokerage firms will pay fines totaling $1.4 billion to settle government conflict-of-interest allegations related to investment advice. The firms also agree to alter investment advice policies. Critics are skeptical the remedies will work, and private lawsuits remain. NPR's Jim Zarroli reports.

Copyright 2002 NPR

Tags

Latest from NPR

Jim Zarroli

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.

See stories by Jim Zarroli

Related Content

At least 43 dead in catastrophic Texas flooding and dozens missing from girls camp

Vanessa Romo

Flash flooding slammed the Texas Hill Country overnight on Friday. At least 27 girls from a summer camp next to the Guadalupe River remain missing.
How this long-lost Chinese typewriter from the 1940s changed modern computing

Emily Feng

The concepts in the MingKwai typewriter underlie how Chinese, Japanese and Korean are typed today. The typewriter, patented in 1946, was found last year in an upstate New York basement.
North Korea has a new luxury beach resort. But the country isn't open to most tourists

Se Eun Gong

North Korean leader Kim Jong Un said he wants the luxury resort on the eastern seacoast to become a "world destination," but the country has been reluctant to allow in foreign tourists.
Mariska Hargitay walks a fine line in 'My Mom Jayne'

Linda Holmes

It's natural to feel some skepticism when a celebrity makes a documentary about their own family. But Law & Order star Mariska Hargitay' tells a story that is both effective and empathetic.
Ukraine says it struck a Russian airbase as Russia sent drones into Ukraine

The Associated Press

Ukraine said it struck a Russian airbase on Saturday, while Russia continued to pound Ukraine with hundreds of drones overnight, dashing hopes for a breakthrough in efforts to end the war.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.