Eliot Spitzer’s crusade to clean up the mutual fund industry is far from over. The determined New York attorney general, who has arrested eight fund employees and put one behind bars as part of a widespread investigation of trading abuses, asserted that there is more work to be done, Bloomberg reports

"I don’t think we have put enough people in jail," Spitzer said at a conference sponsored by Forbes magazine. "I can tell you with absolute certainty: There are other major cases coming."

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.