MLPs face a smaller pool of potential investors than traditional equities because institutional investors, such as pension funds, are not allowed to hold MLP units without incurring tax liability. These large investors do not ordinarily pay taxes, so they tend to shy away from MLPs.
The Nazis began persecuting the Jews soon after they came to power on 30 January 1933. From late February 1933 onwards there were some cases of Stormtroopers beating up Jews with impunity in the street. The first anti-Jewish laws came into force on 1 April 1933.
Jewish communities living in small towns and villages across Nazi-occupied Poland were to be transferred to ghettos set up within the cities. Each of these communities were governed by a Jewish council (Judenraat), who in turn took their orders from the SS. The first ghetto in Poland was set up during October 1939. Very soon ghettos had been set up all over Poland, with the largest in the capital, Warsaw. Over the next four years, the Nazis established ghettos in the major cities of many of the countries they invaded.