The Securities and Exchange Commission is investigating two executives at Bear Stearns for improper mutual fund trading.

According to, the investigation of Ronald A. Suber, senior managing director and manager of global clearing sales at Bear Stearns in San Francisco, and Russell L. Miron, a managing director in its Chicago office, was disclosed in an NASD filing by the executives. Both men denied wrongdoing in the filings and were unavailable for comment.

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