Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are fund managers charged for distributing SEDOLs?

April 26, 2017charged distributing fund managers

0

Posted

Are fund managers charged for distributing SEDOLs?

1 Answer

0

Posted

A. No they are not, because they have to report to their clients under the regulations laid down by the FSA. Therefore the LSE charge the fund managers a user licence only, and not a distribution licence.