Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, July 24, 2007

Hartford Group Settles Market-Timing Charges

The Hartford Financial Services Group announced that it had settled charges involving market-timing and other improper practices with state regulators.  It will pay $115 million, including $84 million to investors harmed by the practices.  It also said the SEC had closed its market-timing investigation without bringing charges.  NYTimes, Hartford Group Pays $115 Million to Settle a Claim of Illegal Trading; WSJ, Hartford Settles 'Market-Timing' Cases.

http://lawprofessors.typepad.com/securities/2007/07/hartford-group-.html

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