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Old Mutual Int’l ‘taking legal action’ against Leonteq over commissions

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Old Mutual International, the international investment products arm of Old Mutual Wealth, is “taking legal action” against Zurich-based Leonteq Securities AG “and related parties”, for “the making of false statements” in connection with the levels of commission paid to advisers on Leonteq structured products. OMI said it was taking the…

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