REFILE-UPDATE 1-KKR to pay $30 mln to settle U.S. SEC charges over misallocating expe

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REFILE-UPDATE 1-KKR to pay $30 mln to settle U.S. SEC charges over misallocating expe

REFILE-UPDATE 1-KKR to pay $30 mln to settle U.S. SEC charges over misallocating expenses
WASHINGTON, June 29 (Reuters) - Private equity giant Kohlberg Kravis Roberts & Co. will pay nearly $30 million to settle civil charges that it misallocated more than $17 million in expenses and breached its fiduciary duty to clients, U.S. regulators said.

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