
The California Attorney General announced a $7.5 million settlement with financial-services firm Edward Jones & Co. Regarding the company's failure to inform its customers of its revenue-sharing agreements with various mutual-fund companies. In these revenue-sharing agreements, Edward Jones obtained payments from mutual fund companies in exchange for promoting their mutual funds to its clients. For more info visit https://www.oag.ca.gov/news/press-releases/attorney-general-brown-settles-edward-jones-lawsuit