Supreme Court considers mutual fund advisers' compensation
The Supreme Court heard arguments regarding compensation policies for mutual fund investment advisers. The court appeared reluctant to give judges a role in overseeing the policies, although some justices indicated that courts might have to intervene. The high court's case focuses on mutual funds, but justices touched on compensation policies of other sectors. Read SIFMA's amicus brief filed in Jones v. Harris Associates.
National Public Radio | 11/02
This story published in SIFMA SmartBrief on 11/03/2009
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