Reuters: Regulatory News: SEC charges H&R Block subsidiary in subprime case

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SEC charges H&R Block subsidiary in subprime case Apr 24th 2012, 19:51 WASHINGTON, April 24 | Tue Apr 24, 2012 3:51pm EDT WASHINGTON, April 24 (Reuters) - US securities regulators on Tuesday charged an H&R Block subsidiary with misleading investors on subprime mortgage investments. The subsidiary, Option One Mortgage Corp, now Sand Canyon Corp, agreed to pay $28.2 million to settle the charges, the Securities and Exchange Commission said.

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