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April 11, 2008
SEC Charges Another U.K. Fund with Late Trading
For the second time in a week, the SEC charged a U.K. fund group with late trading and market timing in U.S. mutual funds. The SEC alleges that Headstart Advisers, its chief investment adviser, and Headstart Fund earned nearly $200 million in illicit profits from 1998 to 2003. WSJ, SEC Files Late-Trading Claim Against Another U.K. Fund.
April 11, 2008 in News Stories | Permalink
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