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Rating:Eight Fido Dwarf-Tossers Reach a Settlement with the SEC Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, October 10, 2008

Eight Fido Dwarf-Tossers Reach a Settlement with the SEC

by: Erin Kello

The SEC just reached a settlement with eight current and former Fidelity employees for allegedly accepting improper gifts, The Boston Globe reports. No details of the settlements reached were made public. The eight who settled were: Scott E. DeSano,former supervisor of trading operations; Timothy J. Burnieika; Edward S. Driscoll; Christopher J. Horan; Steven P. Pascucci; Kirk C. Smith; Robert L. Burns; and Jeffrey D. Harris. Thirteen people in total were charged in the investigation.

Most in the fund industry remember the investigation by a lavish bachelor party, which included dwarf-tossing, held in Miami for one of the accused, which included dwarf-tossing. 

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