Sentence examples for trading of fund from inspiring English sources
As the mutual fund industry scrambles to cope with investigations into improper trading of fund shares, some small fund companies are poised to gain business.
They are the first lawsuits against a mutual fund company and some of its executives produced by a widening investigation into the trading of fund shares.
Market timing in mutual funds -- the in-and-out trading of fund shares that is now the subject of intense regulatory scrutiny -- became a common investment strategy.
They are the first such accusations against a mutual fund company and some of its executives in a widening investigation into the trading of fund shares.
Even though mutual fund companies had policies against the frequent trading of fund shares, hedge fund managers of all stripes were soon striking deals to trade fund shares and attracting investors with promises of relatively easy gains.
An article in Business Day yesterday about the resignation of Lawrence J. Lasser, former chief executive of Putnam Investments, referred incorrectly to shareholderlosses caused by the improper trading of fund managers.
Mr. Spitzer's investigation found that a hedge fund, Canary Capital Partners, had been getting such special treatment for its trading of funds managed by Bank of America.
Mr. Spitzer criticized the agency division this week when he revealed that his office had found evidence that suggests that the improper trading of funds went all the way to the top at the Strong Financial Corporation, a fund manager in Wisconsin.
Mr. Markovitz is the second hedge fund trader to be implicated in improper trading of mutual fund shares.
Steve Markovitz Steve Markovitz, a former trader with the $4 billion Millennium Partners hedge fund, pleaded guilty to a felony charge in connection with the aftermarket trading of mutual fund shares.
A former trader at Millennium Partners, another large hedge fund, has already admitted in New York state court that he, too, had engaged in late trading of mutual fund shares.
