OppenheimerFunds agreed to pay $394,500 in restitution, a $100,000 fine, and $175,000 in costs in settlement of allegations it operated bulk exchanges of mutual funds with select companies that it withheld information with the intent to deceive in documents, had insufficient records and monitoring, and resulting in dilution of mutual fund returns. For more info visit https://dfi.wa.gov/documents/securities-orders/S-04-012-07-CO01.pdf