| Record-keeping and Reporting |
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| A component of the duty of obedience implicitly requires directors to ensure that the corporation maintains accurate and complete books and records. Corporate books and records include, but are not limited to, records of board and committee meetings, financial records, lists of shareholders, internal procedures, policies, and corporate governance and compliance programs. More... |
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| Limitations on Margin Trading |
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| Limitations on Margin TradingMore... |
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| Investment Adviser Reporting Requirements |
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| Investment advisers must file Form ADV with the Securities and Exchange Commission or with state offices for regulating securities. Investment advisers who manage $25 million or more in client assets must file the form and register with the Securities and Exchange Commission. Advisers managing smaller amounts of assets must file Form ADV with state securities regulators.More... |
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| Duty of Loyalty |
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| RATIFICATION OF SELF-INTERESTED DIRECTOR TRANSACTIONSMore... |
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| Breakpoints in Mutual Fund Charges |
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| Mutual funds may offer "breakpoints" in their front-end sales load. Thus, a fund that charges a fee of five percent for investments up to $25,000 may charge only four percent for investments from $25,000 to $50,000 and three percent for investments over $50,000. The fund has breakpoints at $25,000 and $50,000.More... |
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