Late Trading And Market Timing At Putnam Investments
Keywords:
case study, late trading, market timing, civil securities, fraudAbstract
Between 2000 and 2003 several fund managers at Putnam Investments were involved in late trading and market timing trades. These fund managers personally made large windfalls from their actions. The SEC charged Putnam and the managers with civil securities fraud. This case examines late trading and market timing and who loses when these activities take place.
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Published
2022-01-26
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Cases
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