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Financial Planning

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn that an entrenched system requires an urgent shakeup.

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Read more: First Guardian Master FundShield Master FundChris GosselinJoe AkikiAkamboFinancial StandardFundMonitors.com