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...latest wrinkle is funds of funds that are registered with the SEC. These are subject to stricter reporting and disclosure requirements and must have a board that looks out for shareholder interests. Investors must still meet the net-worth test, but the number of investors is unlimited. Minimums run as low as $25,000. The biggest player is UBS PaineWebber, which manages $3 billion like this. Similar funds are sold at banks and other firms. In addition to management and profit fees, they may carry sales charges...

Author: /time Magazine | Title: Affordable Hedge Funds | 7/1/2002 | See Source »

...months after students occupied Mass. Hall, administrators release a statement clarifying the University’s sit-in policy. They call for stricter and more consistent punishment for participants in any future takeover of University buildings and also recommend that students who cause a disruption while occupying buildings be suspended...

Author: By Zachary Z Norman, CRIMSON STAFF WRITER | Title: Timeline 2001-2002 | 6/6/2002 | See Source »

...campus debate. At the same time, ethnicity and culture are critical aspects of diversity—both at Harvard and nationwide. But as rates of interracial marriage increase and the last racial barriers in American society are being broken, when race-based accusations are made, they must be given stricter scrutiny...

Author: By David M. Debartolo and Jonathan H. Esensten, S | Title: The Misuse of Race | 5/8/2002 | See Source »

...toll is slightly higher, German police believe there was only one gunman and the killer zeroed in on teachers rather than fellow students. And perhaps most importantly, Germany, where it can take up to a year to pass background checks required just to buy a hunting rifle, has far stricter gun laws than...

Author: /time Magazine | Title: Arms and the Germans | 4/26/2002 | See Source »

Proponents of the change said tightening the criteria would save students who pursue allegations with the Ad Board from feeling let down if the investigation went nowhere. Stricter criteria would also save the Ad Board time spent on drawn-out and fruitless investigations, they said...

Author: By Kate L. Rakoczy, CRIMSON STAFF WRITER | Title: Study Abroad Change Imminent | 4/19/2002 | See Source »

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