Stephen Cutler
Stephen Cutler
fund intended mutual order provide reforms undertake
The reforms Putnam will undertake as part of the commission's order are intended to provide real and substantial protections for mutual fund investors.
adjusting care earnings enhancing eye investors looking managers numbers whether
looking to see whether managers are adjusting their assumptions with an eye to enhancing the earnings and balance-sheet numbers investors care about. That could be fraud.
continue effort hold parties
We will continue to investigate these improper arrangements in an effort to hold all responsible parties accountable.