@article {Haslem57, author = {John A Haslem}, title = {Mutual Fund Arbitrage and Transaction Costs}, volume = {18}, number = {2}, pages = {57--61}, year = {2009}, doi = {10.3905/JOI.2009.18.2.057}, publisher = {Institutional Investor Journals Umbrella}, abstract = {The 2003 mutual funds scandal that exploded upon the public revealed something that had long been known to insiders: Mutual fund advisers often approve and allow frequent trading, frequent trading arbitrage, and late trading arbitrage to selected traders. This article provides a discussion of frequent trading and late trading arbitrage focusing on the implications to stockholders.TOPICS: Legal/regulatory/public policy, financial crises and financial market history, mutual fund performance}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/18/2/57}, eprint = {https://joi.pm-research.com/content/18/2/57.full.pdf}, journal = {The Journal of Investing} }