RT Journal Article
SR Electronic
T1 Mutual Fund Arbitrage and Transaction Costs
JF The Journal of Investing
FD Institutional Investor Journals
SP 57
OP 61
DO 10.3905/JOI.2009.18.2.057
VO 18
IS 2
A1 John A Haslem
YR 2009
UL https://pm-research.com/content/18/2/57.abstract
AB 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