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 |
|
Friday, February 21, 2003 Funds Take Case Against Disclosure to OMB The ICI is pressing on in its fight against new SEC rules requiring funds to disclose their proxy votes. Matthew Fink, president of the industry trade group, told Reuters that he hopes the Office of Management and Budget (OMB) will overturn the rules. The OMB could have jurisdiction under the paperwork reduction act. Fund industry employees reportedly met with the OMB last month to argue that the new regulation creates excessive paperwork and cost. Printed from: MFWire.com/story.asp?s=4598 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |