Ford Motor Co. agrees to settle a dispute with the U.S. Securities and Exchange Commission for $764,282. The dispute centered around Ford Motor Credit Co. marketing materials for a 23-year-old retail investment product called the Ford Money Market Account (FMMA). The SEC says the materials were confusing and incomplete, “failing to explain that the FMMA was not a bank account or a money market mutual fund and that its investors were actually purchasing unsecured corporate debt of Ford ...
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