Norman Schrott, A.G. Edwards, Alexandria, Va. Evidence of Norman Schrott's devotion to his hometown of Alexandria, Va., goes back a long way. In the same year that the A.G. Edwards seniorvice president of investments...
Short selling has invaded the mutual fund industry. The reason: the repeal of the short-short rule under the Taxpayer Relief Act of 1997. The rule had previously penalized active trading by mutual funds. With that...