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How the local Mutual fund market (US) compares with those in other major financial centres like UK, HK?


How the local Mutual fund market (US) compares with those in other major financial centres like UK, HK?

"Mutual Fund" is tightly and well defined in US law. There are specific reporting, trading, and sales practices.

Outside the US, the rules are different. Buyer beware!

In general, a US brokerage cannot legally sell you a mutual fund that is not registered in the US.

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