A U.K.-based investment fund has agreed to pay $170 million as part of a settlement with the Securities and Exchange Commission (SEC) for allegedly violating anti-fraud provisions of U.S. securities laws.

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:...