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Friday, October 10, 2008 Eight Fido Dwarf-Tossers Reach a Settlement with the SEC The SEC just reached a settlement with eight current and former Fidelity employees for allegedly accepting improper gifts, The Boston Globe reports. No details of the settlements reached were made public. The eight who settled were: Scott E. DeSano,former supervisor of trading operations; Timothy J. Burnieika; Edward S. Driscoll; Christopher J. Horan; Steven P. Pascucci; Kirk C. Smith; Robert L. Burns; and Jeffrey D. Harris. Thirteen people in total were charged in the investigation. Most in the fund industry remember the investigation by a lavish bachelor party, which included dwarf-tossing, held in Miami for one of the accused, which included dwarf-tossing. Printed from: MFWire.com/story.asp?s=19613 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |