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[$$] ING Says SEC Ends Probe Into Bank Without Enforcement Action

NV said Wednesday that U.S. regulators have closed their investigation into the bank after it reached a record settlement with local authorities. The bank in a regulatory filing said it received a formal notification from the U.S. Securities and Exchange Commission that the agency had concluded its investigation, and that it wouldn’t bring an enforcement action “based on information as of this date.” The SEC declined to comment. The news comes a day after ING agreed to pay a record European fine of €775 million ($897.3 million) to settle an investigation by Dutch prosecutors into money-laundering control failures.