As a Result of Illegal and Abusive Activities in Recent

question 109

Multiple Choice

As a result of illegal and abusive activities in recent years, new rules and regulations were imposed on mutual fund companies in 2004.These rules were intended to

• A)close legal loopholes that some fund managers had abused.
• B)improve fund governance.
• C)give investors more information about conflicts of interest.
• D)ensure the accuracy of information given to regulators.
• E)All of the options.

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Definitions:

Engaged Employees

Workers who are fully absorbed by and enthusiastic about their work, and take action to further their organization's reputation and interests.

Negative Energy

A concept referring to a mood, attitude, or atmosphere considered detrimental or harmful to well-being or morale.

Organization

An ordered grouping of people and resources with a particular purpose, such as a business or government department.