SEC expected to charge 2 ex-Fleet fund workers
562525
Federal regulators are expected to bring charges this week against two former employees of the mutual fund unit of the old FleetBoston Financial Corp. -- and settle with three others -- in connection with a long-running investigation of improper market-timing trading at the former bank's Columbia funds unit, according to attorneys and officials involved in the case.
685081
A mutual fund manager long regarded by many as an advocate for the interests of fund shareholders is expected to pay $5 million to settle charges he overcharged his own investors by nearly that amount, the Wall Street Journal
674746
Fremont Investment Advisors has agreed to pay $2.1 million in restitution and $2 million in civil penalties to end federal and state mutual fund timing cases, New York Attorney General Eliot Spitzer said yesterday.
612422
he Van Eck Associates Corporation, a manager of the Van Eck mutual funds, has said the Securities and Exchange Commission may seek civil penalties against it and two executives in connection with improper trading.
703060
The chairman of the U.S. Securities and Exchange Commission said on Tuesday that there is opportunity to give mutual fund investors clearer information so that they know how much they are really paying in marketing, advertising and distribution fees.
580685
Three former employees of Invesco Funds Group Inc. agreed yesterday to pay fines and accept temporary bars from the mutual fund industry for their role in helping large investors engage in predatory short-term trading called market timing.
319273
WASHINGTON -- The two founders of the Pilgrim-Baxter mutual fund family have agreed to pay $80 million each to settle regulators&#39; charges of improper trading of their funds to benefit themselves and friends at the expense of longer-term shareholders, the
669053
U.S. stock markets would have to  disclose executive pay and provide details of their regulatory  programs, under new rules proposed by the Securities and  Exchange Commission on Tuesday.
157048
Securities regulators are opening up yet another front in their long-running investigation of the mutual fund industry, examining brokerage firms that allegedly gave mutual fund employees lavish gifts in exchange for business, officials said yesterday.
405915
Federal regulators said on Tuesday three former employees of Invesco Funds Group Inc. agreed to pay &#36;340,000 in fines to settle charges that they had a role in allowing improper trading in Invesco mutual funds, leaving a settlement with the company to be hammered out.
463598
General Motors Corp. and Ford Motor Co. said Tuesday the Securities and Exchange Commission has asked them to provide information on their pension and retiree health care plans as part of an inquiry into how companies prepare estimates used to calculate pension costs.
8974
NEW YORK (Dow Jones/AP) _ At least four New York Stock Exchange traders were fired or suspended this week as federal and exchange regulators prepare to bring charges against them for allegedly
186572
The Boston office of the Securities and Exchange Commission is conducting a &quot;mini-sweep&quot; of about two dozen mutual fund companies, to hunt for any improper trading by fund managers, traders, and other high-ranking insiders over the past three years, two SEC officials confirmed.
20540
explanation of market-timing, further attorney comment. Picks up last graf. Also moving on general news wires. DENVER  _ The former chief executive of Invesco Funds Group has agreed to pay $500,000 to
725126
Two former fund managers for Putnam Investments of Boston agreed to pay a total of $1.5 million to settle allegations they inappropriately traded mutual fund shares and potentially harmed other fund investors, federal and state regulators said yesterday.
398993
Three or four former El Paso natural gas traders who had been told they&#39;re targets of a criminal investgation are expected to make an appearance before a US magistrate judge at 2 pm today.
290964
Employees of car insurers Admiral are set to receive an average windfall of around Â£37,000 as the firms sells off a 10% stake.