Indian regulator plans to allow mutual funds with performance-based fees
April 21 (Reuters) – India’s market regulator is scheduling to allow a new class of mutual fund schemes in which asset managers’ rates will partly be connected to functionality, according…
Ohio $300M Teams Joins Cetera From Mass Mutual
An Ohio-based financial planning team with about $300 million in managed belongings is now affiliated with Cetera Monetary Team. Skafco, which contains advisors Rod Skaf and Wayne Niles, will be…
Founder of collapsed $1.7 billion mutual fund charged with fraud
The founder and manager of a $1.7 billion mutual fund that collapsed very last year has been charged by federal prosecutors with securities fraud and obstruction of justice for allegedly inflating fund…