Supreme Court is taking a close look at a question individual investors have long asked about their mutual funds, but the courts have largely ignored: Why am I getting charged twice as much as big institutional clients? Sure enough, the money-management services that different classes of fund clients...
Exchange traded funds (ETFs) are all the rage. They come large and small, long and short, ultra and supersized, and track just about any sector, geography, investing style or commodity you can think of. The great thing is they trade like stocks yet share some of the characteristics of mutual funds (without the massive overhead some mutual funds ...
The Chairman of Pakistan Tehrik Insaf Mr.Imran Khan said if NRO passed we will challenge it in Supreme Court, and say the people to come on the roads against NRO.
Imran Khan also said,'In war against terrerism we had already loss 40 arab rupees, while it is not our war it is the war of America which had been accepted by G.Pervaiz Musharaf.
He ...
Former Attorney General Phil Perinchief has said he was never consulted over Government's decision to give Sovereign Flight Support permission to offer private jet services at LF Wade International Airport despite Bermuda Aviation Services (BAS) holding the exclusive rights to provide the service. Mr. Perinchief added that he would probably have ...
In a move that could considerably widen the distribution network for mutual funds, Securities and Exchange Board of India (SEBI) on Friday allowed registered stockbrokers to transact mutual fund units on behalf of their clients through the stock exchange mechanism.
“The infrastructure that already exists for the secondary market ...
The Supreme Court may soon issue a ruling that puts more pressure on mutual-funds to justify their fees. That's the feeling of some observers after the Court heard arguments this week in a case brought by disgruntled investors against their fund...
Supreme Court is taking a close look at a question individual investors have long asked about their mutual funds, but the courts have largely ignored: Why am I getting charged twice as much as big institutional clients? Sure enough, the money-...
The U.S. Supreme Court heard oral argument Monday in Jones v. Harris Associates, a case that could impact the amount of managerial fees that millions of mutual fund investors pay fund advisers. The Court must decide what standard ...
The case concerns mutual fund expenses: whether or not mutual fund boards of directors are doing a sufficient job in representing the interests of investors in negotiating fees with fund managers, and what recourse investors have if they feel ....
Liberal justices, including Ruth Bader Ginsburg and Stephen Breyer, seemed inclined to remand the case to the lower courts for further proceedings to flesh out disputed facts about the fee arrangement. ...
The justices' questions during oral arguments indicated they would endorse the idea that a fee is acceptable if negotiated at arm's length and with full disclosure.
The chief justice wrote that the fee increase falls within the court's “inherent power to regulate the practice of law.” Justice Paul Anderson concurred with the decision, but wrote separately to express his reluctance to fund the ...
What to do next. Fund Fight: Will Supreme Court Save You Money? Ouch: Mutual Fund Fees Jump 5 Percent · Asset Allocation Funds: 6 Picks. Copy the code below and paste it into your website.
If you want to add your voice and contribute to this existing news event, use the event code (Event Code: @4561336), that you will find on each news event page, as the first word of the SMS or MMS message followed by a space then add your contribution (text, image or video). For example: @4561336 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia. The first word of the message should be @4561336 (event code), to make sure the system attaches your voice to the right news event.
This beta report credibility rating is intended to help our community sort through uncensored citizen media reports. For more information, see the Report Credibility section in our FAQ
Loading activation form...
Loading login form...
Loading sign up form...
Loading activation form...
Loading password form...
Loading new incentive enroll form...
Loading invite contacts form...
Invite your friends
Please enter an optional message below, check the friends you want to invite, hit "Send Invitation," and you're done!