Fund Firm Reveals Frequent Trading
Fund Firm Frequent Trading. San Mateo mutual fund giant Franklin Resources Inc. revealed Monday that it has suspended three employees being investigated for potentially improper trading practices and has received subpoenas from federal prosecutors in California and Massachusetts who are probing trading abuses in the $7 trillion … [Read more...] about Fund Firm Reveals Frequent Trading
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
