Fidelity Investments and
John Hancock have received subpoenas from Massachusetts and New Hampshire regulators as part of the states continue their probe of improper mutual fund trading practices, Bloomberg News reports.
Fidelity spokesperson Anne Crowley said the firm was asked for information about the trading records of international stock fund managers. However, she added that the subpeona was for details, not a statement of wrongdoing.
In a statement, Hancock said it received a similar request.
 
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