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MFS Investment Management controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2003

    Mutual-fund market-timing investigation

    MFS was investigated by Massachusetts and New Hampshire regulators along with other fund companies during the broad mutual-fund trading inquiry. The SEC alleged that MFS prospectuses made false or misleading statements concerning policies on market trading and market timing. MFS later paid $350 million to settle state and federal fraud charges and adopted reforms involving disclosure, independent fund governance, market-timing deterrence, and the end of soft-dollar arrangements.

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