Collective trusts funds and other commingled funds comprise a major--and rapidly growing--segment of the asset management and pension fields. However, to date, little guidance has been available to practitioners for the day-to-day issues and problems they may confront in dealing with these investment vehicles. Collective Trusts and Other Commingled Funds: Law and Regulation addresses this need by providing a comprehensive explanation of collective and common trust funds, their structure and operations, and the extensive regulatory framework governing them. In addition, the book provides extensive primary source materials as appendices.

This "primer," written as if addressed to a new investment trustee for a university, is a comprehensive discussion of investment issues relevant not only to investment trustees but also to investment professionals who work with trustees. Taking an individual step by step through the process of responsible trusteeship, it offers a solid introduction to basic investment principles.

The regulations governing trust departments and services continue to become more complex. The OCC rewrote Regulation 9 and savings associations are expanding their trust departments. This handbook offers the most up-to-date information on the duties and responsibilities of directors and administrators of: personal and corporate trusts; employee benefit and retirement plans; shareholder services; international trusts; trust department operations; portfolio investment and management, and trust department audits and regulatory examinations.

40 CFR Protection of Environment