The trading occurred in at least 10 Invesco funds, the commission said.
What trading would occur in a world where no one was a stock picker?
The situation is better in Shanghai, where trading occurs each day among a cluster of buyers and sellers.
The company has said that some rapid trading occurred in its foreign funds.
The result is that trading occurs only at low levels of quality, leaving out both those who want to buy and sell high quality products.
When there are enough buyers and sellers to determine an effective price, then online trading can occur.
Limiting information is possible when trading occurs in separate markets.
The trading occurred from 1998 until at least 2001, these people said.
However, a court-appointed trustee found that no trading had occurred for at least 13 years.
It was established in 1995 and the first trading occurred in 1996.