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"My concern is, will these be sticky assets?"
This is a top priority for them and have offered sticky assets in return for additional trading space."
By investing his family money in long-term Bank of America funds, what Mr. Sihpol refers to as sticky assets, Mr. Stern would be allowed not only to trade fund shares illegally but also to receive a loan from the bank to conduct these activities.
Mr. Spitzer, the S.E.C., the top securities regulator in Massachusetts and other state regulators have brought several suits in which they said fund companies allowed short-term trading in mutual funds in return for the promise of long-term investments, known as sticky assets, in their hedge funds.