David S. Ruder, the former chairman of the Securities and Exchange Commission, who has been working as an independent consultant for embattled Strong Financial Corp., recommended the firm implement 2% redemption fees and send warning letters to Strong fund trader who buy and sell shares within a 30-day window. The company said it agreed.

Ruder took it a step further, saying if an investor conducts more than one buy-and-sell in a fund within a 30-day window, that individual should be barred from investing with Strong for a minimum of two years.

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