Discuss the improper trading abuses and improper assignment of fees for which mutual funds were prosecuted in
Question:
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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The abusive activities fell into four general categories market timing late trading directed brokerage and improper assessment of fees to investors Market timing involves short term trading of mutual ...View the full answer
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders, Marcia Cornett
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