Franklin Shares Plummet Amidst $53 Billion Outflows from WAMCO and CFTC Investigation

In a turbulent turn of events for Franklin Templeton Investments, the financial giant experienced a significant downturn in its share price following reported outflows of $53 billion from its WAMCO (Western Asset Management Company) subsidiary. The outflows have raised eyebrows in the industry, particularly amidst a looming investigation by the Commodity Futures Trading Commission (CFTC) into the firm’s trading practices. This unsettling combination has placed Franklin Templeton under intense scrutiny from investors and analysts alike.

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