TY - JOUR T1 - Mutual Fund Arbitrage and Transaction Costs JF - The Journal of Investing SP - 57 LP - 61 DO - 10.3905/JOI.2009.18.2.057 VL - 18 IS - 2 AU - John A Haslem Y1 - 2009/05/31 UR - https://pm-research.com/content/18/2/57.abstract N2 - 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 ER -