individual, in particular tax privilege; and (iii) any person or group of persons will not be allowed to dominate mutual fund management.Key proposed revisions require retail fund and money market fund to
client. Comments and suggestions on the matter are welcome until March 30, 2012. The proposed regulation will require underwriter know individual client before selling client any product. For retail client
to certain types of personnel; for instance, wealth advisor who gives advice on asset allocation and selects suitable securities for individual client, investment analyst, and fund manager, in
provident funds with the objective other than hedging. Management companies will also be allowed to control investment proportion in derivatives either on an individual member basis or on a fund basis
funds), excluding equity funds. The amendments aim to ensure proper unit allocation and prevent any undue benefit by any particular individual. For example, the revisions require any person or group of
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