MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 16, 2003 NASD Warns Investors on Breakpoints The National Association of Securities Dealers (NASD) has put investors on notice. The trade group warned investors they need to pay attention to whether commission breakpoints on their fund purchases are properly recognized in a public letter released on Tuesday. A copy of the investor alert is located on the Web at http://www.nasdr.com/alert_breakpoint.htm. A joint SEC and NASD research project conducted last summer first highlighted the issue. More recently Representative Michael Sarbanes (R, Ohio), has asked for both bodies to cooperate with a House Financial Service Committee as it looks into the issue. Printed from: MFWire.com/story.asp?s=4365 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |