After New York 's attorney general , Eliot Spitzer , uncovered dodgy practices in the industry , the Securities and Exchange Commission in 2004 sued three companies that advised Pimco 's stock funds , accusing them of letting a hedge fund make $ 4 billion in improper trades in and out of its portfolios .
Eliot Spitzer /business/person/company New York
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Eliot Spitzer
PERSON
New York
LOCATION
/business/person/company