Securities fraud to be charged
Tuesday, Oct. 21, 2003 | 9:30 a.m.
BOSTON -- Massachusetts securities regulators plan to charge Putnam Investments with civil securities fraud as part of an investigation into alleged improper "market timing" practices in the trading of mutual funds, according to a published report.
The Boston Globe, citing two sources familiar with the matter, reported today that within a matter of days Putnam will face one allegation of allowing individuals to trade quickly in and out of mutual fund accounts in violation of company policies. The second count would accuse the company of failing to treat shareholders equally by allowing some to participate in market-timing.
archive
- Most Read
- Discussed
- Most E-mailed
- 6th arrest made in officer’s death; 5 face formal charges
- Shoppers guide to Black Friday in Las Vegas
- Harrah’s working on plan to take over Planet Hollywood
- Judge’s divorce filing follows arrest of her husband, a lawyer
- ‘DWTS’ champ Donny Osmond still deft afoot in return to Flamingo
- Task force taking down mortgage scammers, one at a time
- Two years after Sports Illustrated feature, Bellfield says gamble paid off
- Contractors make another bid for Fontainebleau
- UNLV zaps Holy Cross, 80-59
- Martha Stewart has no business criticizing Palin
Blogs
The Kats Report
For Paul Stanley and KISS, rock and roll is not over (2 Comments)
Twenty years ago today, Human Nature took root on the farm (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s triumphant return to the Flamingo
The Kats Report
'DWTS' champ Donny Osmond still deft afoot in return to Flamingo (7 Comments)
Politics: The Early Line
Meeting of GOP governors draws challengers, not Gibbons (3 Comments)
Politics: Ralston's Flash
Oscar loves forcing developers to sign labor peace agreements, Culinary loves the city's downtown plans and all is forgiven (5 Comments)
Now and Then
Underdog is open on a post pattern
Calendar »
- 27 Fri
- 28 Sat
- 29 Sun
- 30 Mon
- 1 Tue
-
Bill Cosby at Treasure Island
Treasure Island Theatre
-
The Las Vegas Locomotives vs. the Florida Tuskers
Sam Boyd Stadium
-
Papa Roach at the House of Blues
House of Blues | 6:30 p.m. to 11 p.m.
-
Tuff-N-Uff at the Orleans
Mardi Gras Room | 7 p.m. to 11 p.m.
-
David Spade at the Venetian
The Venetian Resort Hotel Casino
The Sun
Locally owned and independent for more than 50 years.
Technorati










