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Obama's High Court Nominee Argued in Fund Fee Case
Pensions & Investments in Business Insurance
May 11, 2010 Excerpt: Elena Kagan, nominated on Monday by President Barack Obama to become a U.S. Supreme Court justice, urged the high court in a filing last year to reject a 2008 appellate court decision that would have made it easier for mutual funds to charge higher fees to retail customers than pension funds and other institutional clients for similar strategies managed in separate accounts. MORE >> |
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