Franklin, T. Rowe Outline Derivatives Policies

28 Jul 2011

Mutual fund firms that trade in derivatives should create separate derivatives committees, have a mechanism for identifying the risk of a particular derivative instrument and have regular educational meetings with the fund’s board of directors, according to senior legal and compliance officials at Franklin Templeton Investments and T. Rowe Price Associates.

Mutual fund firms that trade in derivatives should create separate derivatives committees, have a mechanism for identifying the risk of a particular derivative instrument and have regular educational meetings with the fund’s board of directors, according to senior legal and compliance officials at Franklin Templeton Investments and T. ...

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