“‘Think how much anguish we could have avoided if a few more lawyers had pointed out to their hedge fund clients that late trading of mutual fund shares is illegal, as are duplicitous market-timing arrangements,’ [Securities and Exchange Commission chair William] Donaldson told securities lawyers at the Practising Law Institute’s annual SEC Speaks conference.” (Ron Orol and Donna Block, The Deal, Mar. 8).
“SEC Chair Scolds Hedge Fund Lawyers”
“‘Think how much anguish we could have avoided if a few more lawyers had pointed out to their hedge fund clients that late trading of mutual fund shares is illegal, as are duplicitous market-timing arrangements,’ [Securities and Exchange Commission chair William] Donaldson told securities lawyers at the Practising Law Institute’s annual SEC Speaks conference.” (Ron […]
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