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FSA to overhaul fund closure rules

08 January 2010

Financial Services Authority, the UK regulator, is looking to revamp rules regarding the liquidation of authorized unit trust

Read more: Financial Services Authority authorized unit trust regulation

Financial Services Authority (FSA) of the U.K. is looking to revamp rules regarding the liquidation of authorized unit trust (AUTs), Financial Times reports. The regulator is looking to align the winding up rules of AUTs with that of investment...