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

Seiberg, Jaret
February 1995
American Banker;2/10/1995, Vol. 160 Issue 28, p3
Trade Publication
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.


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