Proprietary funds created by brokerages and other financial institutions typically cannot be transferred. Dear Liz: One subject I’ve never seen you address is the use of proprietary funds by financial advisors. Brokerages and other financial institutions create their own proprietary or “house brand” funds to compete with the “name brand” or third-party funds managed by outside companies. That may be …
The Supreme Court on Thursday observed that those who have illegally grabbed government land in Jammu and Kashmir under the 2001 Roshni Act should be punished and that the court will not come in the way of prosecution. The Supreme Court asked the high court to decide pleas seeking a review of the October 9 verdict that scrapped the Act …
