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SEC Charges Invesco With Fraud The Securities and Exchange Commission and the New York Attorney General's office charge Invesco Funds Group and its chief executive with allowing numerous hedge funds to make improper trades in its mutual funds. The civil charges filed Tuesday contend that the Denver-based company permitted hedge funds and other large clients to engage in frequent short-term trading. Hear NPR's Chris Arnold.

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SEC Charges Invesco with Fraudulent Trading

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The Securities and Exchange Commission and the New York Attorney General's office charge Invesco Funds Group and its chief executive with allowing numerous hedge funds to make improper trades in its mutual funds. The civil charges filed Tuesday contend that the Denver-based company permitted hedge funds and other large clients to engage in frequent short-term trading. Hear NPR's Chris Arnold.