A Reporter's Crash Course in Mutual–Fund Investing
Follow the cash: Investors weren'tt wise to the conflicts of interest in the mutual-fund industry always.One of the favourite items of anonymous mail I received was a Dean Witter Reynolds memo in 1991 telling branch managers to push more of the …
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Mutual funds rope in KPMG to conform to new US tax law
NEW DELHI: Indian mutual funds have roped in global consultant KPMG to simply help them get ready for the Foreign Account Tax Compliance Act (FATCA) – a brand new law enacted by the usa to simply help combat tax evasion by Americans through overseas entities including …
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Treasury's Crime Unit Floats New Customer ID Rules for BDs, Mutual Funds
FinCEN's proposed amendments to the financial institution Secrecy Act for broker-dealers, banks and mutual funds would put in a new requirement why these entities “know and verify the identities of the actual people (also referred to as beneficial owners) who own, control, and …
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