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The Rise of Mutual Funds

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Matthew P Fink 作者
OUP USA
譯者
2008-10-23 出版日期
320 頁數
GBP 31.49 價格
Hardcover
叢書系列
9780195336450 圖書編碼

The Rise of Mutual Funds 在線電子書 圖書標籤: 金融  英文原版  華爾街  english   


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The Rise of Mutual Funds 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

The Rise of Mutual Funds 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

The Rise of Mutual Funds 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



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The Rise of Mutual Funds 在線電子書 著者簡介


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The Rise of Mutual Funds 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

The Rise of Mutual Funds 在線電子書 圖書描述

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. Cottage Industry to Financial Giant 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 reported before. Others have been discussed in works on other subjects such as retirement plans. Thus, this is first book that pulls together the many strands of mutual funds' unique history. Moreover, the author was personally involved in developments over the past forty years, and much of the book is a personal narrative regarding the people and events that have produced mutual funds' success.

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