Putnam CEO Ed Haldeman issued a letter to shareholders indicating the firm discovered the impropriety after reviewing six years of trading activity and that the firm hopes to put the trading scandal to be, once and for all. "With all aspects of employee trading now public, Putnam is ready to move forward as a firm," Haldeman said.
That brings to 15 the total number of Putnam employees who have been let go in the scandal.