2003 Mutual Fund Scandal

2003 Mutual Fund Scandal

The mutual fund scandal of 2003 was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies.

Read more about 2003 Mutual Fund Scandal:  Spitzer Investigation, SEC Investigation, Settlements and Trials, List of Implicated Fund Companies, Timeline

Famous quotes containing the words mutual, fund and/or scandal:

    If the study of all these sciences, which we have enumerated, should ever bring us to their mutual association and relationship, and teach us the nature of the ties which bind them together, I believe that the diligent treatment of them will forward the objects which we have in view, and that the labor, which otherwise would be fruitless, will be well bestowed.
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