MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Thursday, March 22, 2007 Pay it Forward The funds that were the victims of fraudulent market timing and late trading by the Veras hedge funds are about to get some relief, courtesy of the SEC. Veras consented to the time without admitting the crime. Entering into an agreement to pay out $38 million in Fair Funds to approximately 810 mutual funds, without saying they did anything wrong reports lawfuel.com. Right. Printed from: MFWire.com/story.asp?s=13765 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |