For its alleged part in a market-timing scheme, Van Eck Associates, which advises the Van Eck Funds, may be facing Securities and Exchange Commission charges, the company indicated in an SEC filing.

Van Eck and two unnamed senior officers may become the next bull’s-eye in the SEC’s attack on the technically legal but widely controversial practice of rapid, in-and-out trading, which abets those permitted to do it but harms long-term investors in funds, CBS MarketWatch reports.

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