(Bloomberg) -- A decade ago, Bear Stearns agreed to pay $250 million to resolve regulators' claims that it was at the center of a system that allowed clients to break mutual-fund trading rules.

JPMorgan Chase, which acquired the company in 2008, is still trying to get insurers to foot part of the bill.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.