Wall Street Fines 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.

Brokerages Move to Settle Conflict-of-Interest Cases

Brokerages Move to Settle Conflict-of-Interest Cases

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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.

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