With Federal Regulators

May 17, 2004, 1:00 a.m. EDT 1 Min Read

Janus Discussing Brokers

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Janus Capital Group is telling the Securities and Exchange Commission about its relationships with brokers. One month after settling with the SEC for $226 million for its participation in improper trading, the Denver-based fund giant is helping the Commission figure out what role, if any, brokerages that sold Janus funds had in the scandal. The company revealed that only 5% of its assets under management are sold through brokers.

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Money Management Executive

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