TITLE

Banks see flaw in plan to let them buy their own funds for trusts

AUTHOR(S)
Seiberg, Jaret
PUB. DATE
February 1995
SOURCE
American Banker;2/10/1995, Vol. 160 Issue 28, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on bankers' need for clarifications on the plan to let trustee banks invest trust proceeds in mutual funds they advice. Confusion over the notification provision; Failure to explain what to do with existing trust accounts; Benefits of the ruling.
ACCESSION #
9502270067

 

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