Morningstar disclosed the subpoena and states that it is fully cooperating with all three agencies. First news of investigations erupted in December 2004, when Spitzer's office subpoenaed Morningstar and found out about the SEC investigation; both focus on possible conflicts of interest in the 401(k) business. However, specifics of those investigations have not come out and Morningstar has not elaborated.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
