Study alleges pricing fraud in bond funds; Amy Lynch on potential consequences (IGNITES – Subscription Req’d)
FrontLine Compliance
An academic study that analyzed funds with substantial holdings of structured products for over seven years found numerous instances of price mismarkings leading to inflated assets. The research was provided to the SEC more than two years ago. Amy Lynch, FrontLine’s Founder and President, explains that any SEC investigation of potential pricing fraud would likely be lengthy due to the complexity of the issue. Ms. Lynch further states that funds feeling pressure to outperform their…
