"The Mutual Fund Scandal: A Gauntlet of Fraud"
Report prepared by Randall Dodd, et al., for FINANCIAL POLICY FORUM/ DERIVATIVES STUDY CENTER
Linked at: Moving Ideas
This updated Special Policy Brief offers an estimate of the cost of mutual fund fraud to the average American working family. It also identifies eight types of fraud or wrong-doing that contributed to losses to mutual fund investors. The brief also provides an updated list, although not complete, of the many financial institutions that have been identified with the scandal. Lastly, it lists the governing statutes in U.S. law and briefly describes two of the most important legislative measures designed to address the biggest scandal to hit mutual funds.
Mutual Fund Scandal Reports