In the US, a mutual fund is registered with the Securities and Exchange Commission (SEC) and is overseen by a board of directors (if organized as a corporation) or board of trustees (if organized as a trust).
A mutual fund is registered with the Securities and Exchange Commission (SEC). This was in the US. A mutual fund is overseen by a board of directors (if organized as a corporation) or board of trustees (if organized as a trust). This was in the US.