Monday, October 11, 2004

In Case You Missed It 
Ed Larson, The Chief Investment Officer of AIM Funds, a provider of contractual plans for mutual funds, and one of First Command's favored fund companies, has been placed on a voluntary leave of absence while he resolves inquiries related to allegations of improper fund timing activities.

The company's been in hot water with regulators for some time, but it seems to be taking steps to clean up its act. To bad it took them getting busted for fraud first to do it.

More here: http://www.financial-planning.com/pubs/fpi/20041004102.html

(Sorry...can't seem to do a hyperlink on a Mac.)


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