Document Type
Article
Publication Title
Boston University Law Review
Abstract
The article focuses on a study on the market penalty for mutual fund scandals in the U.S. It examines the impact of mutual fund scandals on the flows coming in and out of open-end mutual funds associated with the scandal. It notes that the scandals considered in the study were taken from the "Wall Street Journal" database. It recommends the Securities and Exchange Commission (SEC) and other governmental entities to allocate more resources on the detection of scandals as third parties tend to be harmed and not fund investors.
First Page
1021
Volume
87
Publication Date
2007
Recommended Citation
Choi, Stephen J. and Kahan, Marcel, "The Market Penalty for Mutual Fund Scandals" (2007). Faculty Articles. 70.
https://gretchen.law.nyu.edu/fac-articles/70
