The SEC-type regulator in Great Britain will publicly announce whether its mutual fund companies partook in U.S.-style market timing, Dow Jones Newswires reports.

The Financial Services Authority, which has recently visited the U.K.’s most prolific fund firms, or as the country calls them "unit trusts" and "open-ended investment companies," to review their trading practices.

An FSA spokesperson refused to disclose any pre-statement information.

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