The Investment Company Institute (“ICI”) recently published a sample form of fund of funds investment agreement (the “Form Agreement”) to assist registered investment companies and business ...
Visa Inc. is expanding its relationship with MoneyGram International Inc. to grab a bigger piece of the remittance market. U.S. consumers will be able to send funds to Visa cardholders in Mexico ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Kathleen Elkins Every time Kathleen publishes a story, you’ll get an alert straight to your ...
E. Napoletano is a former registered financial advisor and award-winning author and journalist. Managing Editor, Global Data and Automation for Forbes Advisor. Mitch has more than a decade of ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A linked transfer account is when accounts held by an individual at a financial institution ...
In an apparent departure from decades of jurisprudence acknowledging the exemption of wire transfers from the ambit of the Electronic Funds Transfer Act (EFTA or the Act), one federal district court ...
Many investors hold mutual fund units in Statement of Account (SoA) format instead of demat and are unsure how to transfer or gift them. Today's Ask Wallet Wise query decodes whether one can gift SoA ...
Experts explain that mutual fund units qualify as capital assets under Section 2(14) of the Income-tax Act, 1961, and any transfer of such assets would ordinarily attract capital gains tax under ...
The Glendale City Council voted 4-1 Tuesday to again transfer a portion of Glendale Water & Power funds to the city’s General Reserve Fund directly from a surplus. The decision continues a modified ...
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