The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company's board and others that he signed two settlement agreements worth $10.

WASHINGTON/NEW YORK (Reuters) - Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

The SEC ordered Vince McMahon to pay $1.7 million for failing to disclose hush-money settlements totaling $10.5 million to two women who worked at WWE