Spitzer probe into funds fails to influence U.K

Article Abstract:

An investigation into illegal mutual fund trading by New York Attorney General Eliot Spitzer is not expected to bring about stricter regulations in the United Kingdom. Spitzer's probe does have issues that are relevant to the U.K.'s retail fund supervision.

United Kingdom, New York, Company legal issue, Investigations, Spitzer, Eliot

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U.S. SEC eases some of its rules on funds' ads

Article Abstract:

The U.S. Securities and Exchange Commission will allow mutual funds to advertise results that are more up-to-date. However, these advertisers must update their results every month and show them online to investors.

United States, Advertising, Advertising Activity, Powers and duties, United States. Securities and Exchange Commission

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Germany set to allow hedge funds

Article Abstract:

The German Finance Ministry acknowleged that it plans to introduce legislation that will permit the selling of hedge funds in the country. The funds would be made available to institutions in 2004.

Germany, Hedge funds, Germany. Ministry of Finance

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