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Regulation and Governance of Mutual Funds: United Kingdom and United States of America Perspectives on Investor Protection
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This book provides a detailed analysis of mutual fund regulations and governance in the UK from the investor protection perspective. It comprehensively describes mutual funds by their function, social utility, and legal attributes, examining the level of protection provided to retail investors under existing regulations.
Mutual funds are externally managed with fund ownership separated out from their management, which carries a potential conflict of interest between the self-interests of the...
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