U.S. SEC Fines Mark Watson $450,000

The U.S. Securities and Exchange Commission [SEC] has imposed a $450,000 fine on Mark E. Watson III for his role in Bermuda-based insurer Argo Group International’s “failure to disclose” over $5.3 million in “additional perquisites and personal benefits” while he was the company’s CEO. The document states, “Respondent Mark E. Watson III was the Chief […]

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