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MutualFundWire.com
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Tuesday, March 1, 2005 Franklin Templeton Settling with Canadian Regulators Franklin-Templeton Investments Corp. has reached an initial settlement with the Ontario Securities Commission (OSC) over allegations that it allowed improper market-timing trades. The fund firm is a unit of Franklin Resources. The OSC, which is the primary fund regulator in Canada, said it would consider the settlement at a hearing on Thursday. The initial investigation into the trading was started in December. Printed from: MFWire.com/story.asp?s=9144 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |