Says CFTC investigation is parallel to SEC, DOJ probes. The company is “fully cooperating with the government,” Franklin Resources (BEN) said. Comments taken from Q4 earnings conference call. Shares of Franklin Resources are down over 3% to $20.20 in late morning trading.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BEN:
- Franklin Resources Reports Q4 Loss Amid AUM Growth
- Franklin Resources reports preliminary Q4 EPS 59c, consensus 60c
- BEN Earnings this Week: How Will it Perform?
- Franklin Resources price target lowered to $19 from $21 at Morgan Stanley
- Franklin Resources price target lowered to $19 from $20 at Barclays