BRADENTON, Fla. - Atlanta-based SunTrust Banks Inc. disclosed in a filing Monday that it is in talks with regulators concerning the auction-rate securities it sold.

"If a settlement of these inquiries is reached, it may involve SunTrust repurchasing some ARS from certain customers," SunTrust's filing with the Securities and Exchange Commission stated. "Based on the scope of the settlements that other financial institutions have reached with regulators and which are available in published reports, SunTrust has approximately $500 million par amount of ARS presently held by similar SunTrust investors."

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