Investment Advisers Salary Not Covered By Fiduciary Duty
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Investment Advisers Salary Not Covered By Fiduciary Duty

Description:
Jones v. Harris Associates L.P.; Under section 36(b) of the Investment Company Act, a financial adviser has a fiduciary duty and owes an obligation of candor in negotiation, as well as honesty in performance, but not for negotiating own salary.

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