Five European subsidiaries of Moody’s Corp. have been fined a total of €3.7 million (U.S. $4.4 million) for violating conflict-of-interest rules.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...