Mutual Fund Legislation of 1967, Hearings Before ..., 90:1- .... |
Términos y frases comunes
advisory fees amendment amount Association of Mutual average banks broker-dealers brokerage capital gains Chairman COHEN Commission's committee common stock compensation competition Congress contractual plan corporate cost courts dealers dividends economic effect equity firms front-end load Fund Plan Sponsors fund sales fund shareholders gross income growth income after tax investment adviser Investment Company Act Investment Company Institute legislation letter to Senator load funds loss management fees Massachusetts Investors Trust ment million mutual fund industry mutual fund investors Mutual Fund Plan mutual fund shares NASD net asset value payments percent period persons planholders portfolio profits purchase question reasonable recommendations redemptions reduced registered representatives reinvestment sales charges sales load salesmen sample Section 22(d securities business selling Senator BENNETT Senator MCINTYRE Senator PROXMIRE Senator Sparkman statement survey tion transactions unaffiliated directors vice president voluntary plan Wellington Fund York Stock Exchange
Pasajes populares
Página 253 - Department of the Wharton School of Finance and Commerce of the University of Pennsylvania.
Página 67 - That nothing in this section shall be held to take away or impair the jurisdiction of the courts of the several States under the laws thereof; and a judgment of conviction or acquittal on the merits under the laws of any State shall be a bar to any prosecution hereunder for the same act or acts.
Página 547 - Commission is responsible for the administration and enforcement of the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Trust Indenture Act of 1939, the Investment Company Act of 1940, and the Investment Advisers Act of 1940.
Página 239 - If a bonus payment has no relation to the value of services for which it is given, it is in reality a gift in part and the majority stockholders have no power to give away corporate property against the protest of the minority.
Página 96 - After one year from the effective date of this title it shall be unlawful for any person to serve or act as investment adviser of a registered investment company, except pursuant to a written contract, which contract, whether with such registered company or with an investment adviser of such registered...
Página 68 - Conversion, however, may be consummated without any intent to keep and without any wrongful taking, where the initial possession by the converter was entirely lawful. Conversion may include misuse or abuse of property. It may reach use in an unauthorized manner or to an unauthorized extent of property placed in one's custody for limited use.
Página 95 - ... whereby a person undertakes regularly to serve or act as investment adviser of or principal underwriter for such company, unless the terms of such contract or agreement and any renewal thereof have been approved by the vote of a majority of the directors who are not parties to such contract or agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval.
Página 411 - ... of the total payments to be made thereon ; (2) more than one-half of any of the first twelve monthly payments thereon, or their equivalent, is deducted for sales load ; (3) the amount of sales load deducted from any one of such first payments exceeds proportionately the amount deducted from any other such payment, or the amount deducted from any subsequent payment exceeds proportionately the amount deducted from any other subsequent payment...
Página 67 - Territorial courts, of all suits in equity and actions at law brought to enforce any liability or duty created by this title.
Página 127 - The relation of directors to corporations is of such a fiduciary nature that transactions between boards having common members are regarded as jealously by the law as are personal dealings between a director and his corporation; and...