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Microsoft Word - Russia - 270907- binnenwerk - final.doc
... law system. this means that deals must often be made on the basis of trust. investors also frequently encounter financing difficulties and have problems obtaining payment from russian companies3 ... economics department sector research, september 2007 state interventionism in the long run, the increasing discretionary role of the state in society and the economy has several distortionary impacts. ...
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... in the role of discretionary investment manager or non-discretionary investment adviser (including a non-discretionary investment adviser to a discretionary investment manager or to another non-discretionary investment adviser) for ... but not limited to, an exchange traded fund, a mutual fund, a unit trust or a hedge fund, or an american depositary receipt ( adr ) or global depositary receipt ...
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