Federated Investors, which back in November admitted to but was not charged with improper mutual fund trading, is again being inspected by the Securities and Exchange Commission – this time for other reasons – The Wall Street Journal reports.

The company late last year was charged with permitting market timing by one hedge fund and nearly permitting it by another, thus prompting the firing of one official and the resignation of two others. This time, the SEC is looking at Federated’s anti-money-laundering policies. The company says it does not think the investigation is Federated-specific.

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