Barclays Capital Inc. agreed to pay more than US $97 million to resolve charges brought by the Securities and Exchange Commission that, from 2010 through 2015, it improperly overcharged clients almost US $50 million in advisory fees. In addition, the SEC claimed that, during the same period, Barclays unfairly recommended and sold to certain retirement plans and charitable organization brokerage customers more expensive mutual fund share classes when less expensive classes were available. The payments by Barclays will be used to benefit harmed customers.