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* On March 23, 2005, the Securities and Exchange Commission “ announced that Putnam Investment Management, LLC ( Putnam ) will pay $ 40 million.

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* On March 23, 2005, the Securities and Exchange Commission ( Commission ) “ announced that it instituted and simultaneously settled an enforcement action against Citigroup Global Markets, Inc. ( CGMI ) for failing to provide customers with important information relating to their purchases of mutual fund shares .”

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