With its $100 million market-timing and late-trading settlement officially in the books, Pittsburgh-based
Company President and CEO J. Christopher Donohue told the Pittsburgh Post Gazette late last week that the investigation by
move forward, he said.
"There are opportunities in the pipeline and we think we are well poised to take advantage of those opportunities," he said.
Donohue also said that the $207 billion money manager is still awaiting word on whether the SEC will bring civil charges against two Federated officers who were at the front of the market-timing flap and are still with the firm. The SEC would not comment on the case, the Pittsburgh Post Gazette said.