Violation Tracker Individual Record
NASD ordered ING Funds Distributor to pay a fine of $1.5 million for permitting improper market timing in ING funds and related violations.
NASD Orders ING Funds Distributor to Pay $1.5 Million Fine, $1.4 Million in Restitution for Permitting Improper Market Timing, PR Newswire, October 3, 2005 (via Nexis).
FINRA is a securities industry self-regulatory body authorized by the federal government. This case was handled by its predecessor, the National Association of Securities Dealers (NASD).