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Business
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| Number of pages / Number of words: |
12 / 3088 |
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Others feel that some of their activities should actually be restricted to protect the investors from the high level of risk involved. (Carus)
The idea of regulating investment companies began with the rising popularity of mutual fund in the early 1920s. Many new funds were started at this time and investors liked the idea of buying in to a well diversified portfolio...
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Many new funds were started at this time and investors liked the idea of buying in to a well diversified portfolio. Many were severely hurt a few years later on October 24 of 1929, also know as Black Thursday, and subsequently by the great depression. (Lederman, 22). The Securities and Exchange Commission (SEC) subsequently instituted the Securities Act of 1933 and the Securities and Exchange Act of 1934...
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