We love eBooks
    The Rise of Mutual Funds: An Insider’s View

    This site is safe

    You are at a security, SSL-enabled, site. All our eBooks sources are constantly verified.

    The Rise of Mutual Funds: An Insider’s View

    By Matthew P. Fink

    What do you think about this eBook?

    About

    In 1940 few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. New and updated to reflect the crash of 2008, Matthew Fink's latest book, The Rise of Mutual Funds: An Insider's View, Second Edition describes the developments that have produced mutual funds' long history of success. Among these developments are:

    * formation of the first mutual funds in the roaring 20s
    * how the 1929 stock market crash, a disaster for most financial institutions, spurred the growth of mutual funds
    * establishment in 1934, over FDR's objection, of the United States Securities and Exchange Commission, the federal agency that regulates mutual funds
    * enactment of the Revenue Act of 1936, the tax law that saved mutual funds from extinction
    * passage of the Investment Company Act of 1940, the "constitution" of the mutual fund industry
    * the creation in 1972 of money market funds, which totally changed the mutual fund industry and the entire U.S. financial system
    *enactment of the Employee Retirement Income Security Act of 1974, which created Individual Retirement Accounts
    * the accidental development of 401(k) plans, which have revolutionized the way Americans save for retirement
    * the 2003 trading abuses, the greatest scandal ever in the history of the mutual fund industry

    Many events have never been discussed in detail; others have been discussed in works on other subjects. This is the first book that pulls together the many strands of mutual funds' unique history, written by an expert who draws on forty years of personal experience in the fund industry.
    Download eBook Link updated in 2017
    Maybe you will be redirected to source's website
    Thank you and welcome to our newsletter list! Ops, you're already in our list.

    Related to this eBook

    Browse collections Find similar eBooks

    Keep connected to us

    Follow us on Social Media or subscribe to our newsletter to keep updated about eBooks world.

    Explore eBooks

    Browse all eBook collections

    Collections is the easy way to explore our eBook directory.