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Personal trading by mutual fund managers

Authors :
Siedle, Edward A.H.
Source :
Pensions & Investments. April 6, 1998, Vol. 26 Issue 7, p14, 1 p.
Publication Year :
1998

Abstract

Mutual fund money management companies make investment decisions based upon manager self interest rather than the investors' best interests. Federal securities laws allow mutual fund money managers to profit from buying or selling the securities in the mutual fund. An internal code of ethics has been established by the US Securities and Exchange Commission governing this trading.

Details

ISSN :
10504974
Volume :
26
Issue :
7
Database :
Gale General OneFile
Journal :
Pensions & Investments
Publication Type :
Periodical
Accession number :
edsgcl.20473346