The SEC goes on to say that Morgan Keegan's Joseph Weller, who ran the firm's fund accounting group and also served on its Valuation Committee, is also guilty of fraud, because he either "knew ...

is a wholly owned subsidiary of MK Holding, which is a wholly owned subsidiary of Regions Financial Corp. The SEC also sued two Morgan Keegan executives, former portfolio manager James C. Kelsoe Jr.

The episode may have been particularly hard on Morgan Keegan co-founder Joseph C. Weller, whose son was fined as a result of the mess.

The Securities and Exchange Commission has barred James Kelsoe Jr., who oversaw the funds, from the securities industry and fined former Morgan Keegan comptroller Thomas Weller $50,000. The misconduct ...

Alabama Securities Commission Director Joe Borg said the settlement with Morgan Keegan follows a multi-state investigation that involved seven mutual bond funds created by Morgan Keegan and sold ...

MONTGOMERY, AL (WSFA) - The firm Morgan Keegan has agreed to a $200 million ... products of the subprime mortgage junk," said Joe Borg, Director of the Alabama Securities Commission. " ...

It also said Joseph Thompson Weller, 44, who led that department, failed to ensure the securities and mutual funds were properly priced. FUNDS BLOW UP According to Morningstar Inc, Morgan Keegan's ...