Mutual Funds: Trading Practices and Abuses that Harm Investors

Date: November 3, 2003
Time: 10:30am
Location:
Agenda:

The purpose of the hearing is to explore the extent and impact of alleged trading abuses in the mutual fund industry and consider regulatory reforms necessary to mitigate such practices in the future.

Witnesses

Panel 1

Congressman

Richard H.

Baker

Chairman

Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, Committee on Financial Services

Panel 2

Stephen M.

Cutler

Director, Division of Enforcement

U.S. Securities and Exchange Commission

Panel 2

Paul F.

Roye

Director, Division of Investment Management

U.S. Securities and Exchange Commission

Panel 2

The Honorable

William F.

Galvin

Secretary of the Commonwealth, Massachusetts

Panel 2

Attorney General

Eliot L.

Spitzer

Office of the New York State Attorney General

Panel 2

Mary L.

Schapiro

Vice Chairman and President of Regulatory Policy and Oversight

NASD

Panel 3

John C.

Bogle

Founder and Former CEO

The Vanguard Group

Panel 3

Mercer E.

Bullard

Founder and President

Fund Democracy

Panel 3

Matthew P.

Fink

President

Investment Company Institute