Advertising does not make me invest! I read returns and risk!


In a comment letter to the Securities and Exchange Commission last week, the ICI urged regulators to impose restrictions on private fund advertising that are at least as extensive as those for mutual funds. The group also suggested a ban on advertising hedge funds’ performance until rules are established governing how to calculate the returns, according to the letter, which is posted on the ICI’s website.

Not all fund companies share the ICI’s view. BlackRock, the world’s largest asset manager with $3.68 trillion in assets, supports the removal of the ban on general advertising, according to a letter the firm sent to the SEC last month.

Read More: http://www.bloomberg.com/news/2012-05-31/mutual-funds-group-urges-limits-on-hedge-fund-advertising.html

Image

Thanks,

JD Morris

JD MORRIS LINKS:

JD Morris on LinkedIn: http://www.linkedin.com/in/jdmorris

Sell Your Company on Facebook: http://www.facebook.com/SellYourCompany

Investor Network on Facebook: http://www.facebook.com/InvestorNetwork

Investor Network on LinkedIn: http://www.linkedin.com/groupRegistration?gid=53760

Sell Your Company on LinkedIn: http://www.linkedin.com/groupRegistration?gid=2593533

Advertisements

Leave a comment

Filed under Investor Network, News of the Day, Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s