The New York Attorney General and Colorado regulators announced a $125 million settlement -- $50 million in damages and penalties along with $75 million in fee reductions -- with a leading mutual fund company to resolve allegations of unlawful trading through market timing. The settlement damages and penalty portion of the settlement was negotiated together with the SEC, which issued its own announcement; For more info visit https://web.archive.org/web/20100214200903/http://www.ag.ny.gov/media_center/2004/sep/sep7c_04.html