The complaint New Hampshire's securities regulator has brought against ING Groep
includes internal ING emails referring to market-timing practices as far back as 2001, it's emerged.
The Wall Street Journal
reported on the development Wednesday, detailing certain emails in which employees expressed worries over the practice or urged that it be halted. At least one ING service center official, Shaw McCabe
, suggested by email that such a step would lose the company much of its $50 million in "high-profile market timing accounts."
Stay ahead of the news ... Sign up for our email alerts now