BRIEF-FINRA orders Pruco Securities to pay more than $10.7 million restitution over mutual fund pricing

Wed Dec 26, 2012 10:21am EST

Dec 26 (Reuters) - : * Finra says orders pruco securities to pay more than $10.7 million restitution

for improper pricing of mutual fund orders; imposes $550,000 fine * Finra orders restitution to customers who placed mutual fund orders from late

2003 to June 2011 and received inferior prices * Finra says pruco neither admitted nor denied charges in agreeing to settle

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article