<h1>Regulator clears conglomerate and chairman after finding no related-party violations under earlier definition; loans repaid with interest</h1> A securities regulator cleared a conglomerate and its chairman of allegations by a research firm that funds were routed through three intermediary companies to hide related-party transactions. In two orders the regulator found no violations because, at the time of the transactions, those dealings did not meet the then-applicable definition of related-party transactions (the definition was later expanded), loans were repaid with interest, no funds were siphoned off, and there was no fraud or unfair trade practice. Consequently, all proceedings against the conglomerate were dropped.