SEC, DOL Enforcement Roundup: CDO Woes, Short-Selling Brothers, Amish Fund
Recent actions by the SEC and DOL included fines of $127.5 million for a securities firm over false CDO credit ratings and $14.5 million for two short-selling brothers, along with deferred prosecution for an Amish fund.
Best of the Bunch
In evaluating a mutual fund or any potential investment, the prudent advisor always looks at the track record of the investment. The longer it is,...