Franklin Suspends 3 In Probe
Franklin Improper Trading Of Its Fund. Franklin Resources Inc., the nation's fourth-largest mutual fund company, said Monday that it had suspended three employees after an internal review uncovered potentially improper trading of its fund shares. The San Mateo, Calif.-based firm, whose funds carry the brand name Franklin … [Read more...] about Franklin Suspends 3 In Probe
Franklin Punishes 3 Employees For Frequent Trading
Franklin Frequent-Trading Irregularities. Franklin Resources, the fourth-largest U.S. mutual fund company, said Monday that it has placed three employees on administrative leave for frequent-trading irregularities. The revelations, included in a filing with the Securities and Exchange Commission are the latest in the spreading … [Read more...] about Franklin Punishes 3 Employees For Frequent Trading
Franklin Resources Gets More Subpoenas
Franklin Resources Received Subpoenas. Franklin Resources Inc. said Monday it has received additional subpoenas from federal investigators in connection with the ongoing mutual-fund trading probe. In its annual report filed Monday with the SEC, the mutual-fund manager said the U.S. Attorney for the Northern District of California, … [Read more...] about Franklin Resources Gets More Subpoenas
