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Bear Sterns Settle on Fund Trading Scandal
Details of the Bear Stearns fund trading scandal and the settlement with the SEC an NYSE.

SEC Re-voting on Mutual Fund Board Requirements
As I reported a year ago, the SEC had voted in favor of major mutual fund board requirements. The primary change was that the chairman of every board must be an "independent." Well, now it looks like there will be a rare, last-minute re-vote.

SEC Changes Fund Board Requirements
By a 3-2 vote late June, the SEC made changes that will dramatically alter the look of hundreds of mutual fund company boards. Here are the specifics

Answers to Your Mutual Fund Scandal Questions
After the recent mutual fund scandals, investors wonder if they can still trust the mutual fund industry. Read my take on the scandals, what you should do with your current fund holdings and how to avoid future scandals.

Charles Schwab Being Investigated
In a note from Dave Pottruck, President and CEO of the Charles Schwab Corporation, to Schwab employees, he admits that Schwab is being investigated for late mutual fund trading. View the full letter here.

Comparing NYSE Dick Grasso's Compensation
When word got out that NYSE Director, Dick Grasso, received a $139.5 million payout on his retirement plan people were shocked. When they found out he is entitled to another $48 million people were outraged. These numbers are shocking, but it is hard to determine how astronomical they are, unless we compare his wages to other big names inside and outside of the industry.

Richard Strong - Profile
Richard Strong, CEO and founder of the Strong Financial Corporation and Strong Funds is under investigation for market timing his own funds for personal gain. He recently resigned from the mutual fund board, but still remains CEO of Strong Capital Management, advisor to the mutual funds.

12b-1 Fee Warning
It isn't illegal, but it should be. Find out why you should avoid purchasing a fund that has 12b-1 fees.

Financial Companies Need to Know You Better
Mutual fund companies, banks, brokers and other financial institutions would like to get to know you better. Unfortunately, they aren't aiming at increasing customer service or personalization, they are just trying to comply with Section 326 of the U.S. Patriot Act.

Book Review: Cookin' the Books
Don Silver's "Cookin' the Book$" offers investors intelligent recipes for avoiding fraud. His well-crafted analogies provide important investing lessons that stick!

4 Major Mutual Fund Companies in Trouble
An investigation is aimed towards four major mutual fund companies for for illegal trading deals with hedge fund managers.

Beware of 12b-1 Fees
This isn't really mutual fund fraud, but it should be! Discover why you should avoid paying 12B-2 fees.

Discusssion: Market Timing and the Fund Scandal
Discussion of market timing - is it illegal. Is it being misused? How does it relate to the recent mutual fund scandals?

NYSE Censures 5 Trading Firms
The NYSE announced that its five largest specialist brokerage firms would be censured for trading abuses, including trading ahead of their customer's orders which is estimated to have costed investors more than $100 million.

Robert Pozen: Fund Cleanser
As the "non-executive chairman" of MFS Investment Management, Robert Pozen's job is to clean up their $351 million fund scandal mess. Learn more about him.