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New York Attorney General to Probe Mutual Funds

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New York Attorney General to Probe Mutual Funds

Business

New York Attorney General to Probe Mutual Funds

New York Attorney General to Probe Mutual Funds

  • Download
  • <iframe src="https://www.npr.org/player/embed/1419719/1419720" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

A Bermuda-based hedge fund agrees to pay $40 million to settle charges it engaged in illegal trades with mutual fund companies. New York's attorney general says he will launch an investigation into the mutual funds, including Janus, Strong and Bank One. Hear NPR's Jim Zarroli.

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