In Brief: Lawyers Write How-To for Fund Sales Staff

Published January 05, 1995, 2:00 a.m. EST

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Updated May 20, 2007, 9:09 p.m. EDT

1 Min Read

Targeting an emerging area of compliance, a book detailing mutual fund sales rules is out. "Bank Sales of Nondeposit Investment Products: A Compliance Guide" was written by banking lawyers James M. Rockett and Keith D. Ungles. The guide is for anyone at a bank who operates an investment products sales program. Included is advice on how to design a board policy statement, review products and providers, and draft third-party vendor agreements. It also gives tips on how to avoid problems with regulatory exams and lawsuits. The $130 price includes a computer diskette to help banks design a compliance procedures manual. Call 1-800-221-9428 for more information.

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