Assertion: fund's policy | /r/Desires | their directors
Facets:
value: to use the compensation
type: PURPOSE
value: to purchase fund shares
type: PURPOSE
Source sentences:
text: The staff believes that, under these circumstances, funds may institute policies that encourage or require their directors to purchase fund shares with the compensation that the directors receive from the funds, consistent with section 22(g).73
text: -- Closed-end funds also may wish to institute policies that encourage or require their directors to use the compensation that they receive from the funds to purchase fund shares in the secondary market on the same basis as other fund shareholders.