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HOW TO FIX THE MUTUAL FUNDS MESS

机译:如何解决共同基金的不足

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Used to be, the worst you could say about a mutual fund was that it lost money. Nowadays, there's worse: losing money dishonestly. Thanks again to the crusading efforts of New York State Attorney General Eliot Spitzer, some mutual-fund managers have made the growing list of investment-industry professionals willing to sacrifice investors' best interests for the sake of profits. On Sept. 3, Spitzer tore the veneer from the almost pristine, 79-year-old fund business. In a $40 million settlement with hedge fund Canary Capital Partners, he outlined a series of improper practices in the trading of mutual-fund shares.
机译:过去,关于共同基金,您能说的最糟糕的情况是它亏损了。如今,情况变得更糟:不诚实地亏钱。再次感谢纽约州总检察长埃利奥特·斯皮策(Eliot Spitzer)的不懈努力,一些共同基金管理人已经成为越来越多的投资行业专业人士,他们愿意为了利润而牺牲投资者的最大利益。 9月3日,斯皮策(Spitzer)撕下了几乎原始的,已有79年历史的基金业务的贴面。在与对冲基金Canary Capital Partners达成的4000万美元和解协议中,他概述了共同基金股票交易中的一系列不当行为。

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