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Study finds market volatility linked to market fever, not index funds

Mar 13, 2009
During 2008, when markets were up limit one day and down limit the next, hedge funds and index traders caught the wrath of farmers, elevator grain merchandisers, and others who alleged improper activity and illegal market manipulation. So far, the regulators have not hauled any one or any company off to jail for such improprieties. But why?

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