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Tuesday, August 17, 2004 Expect to Say Bye Bye to Directed Brokerage The Washington Post reports that the SEC is expected to approve a ban on directed brokerage and require increased disclosure of portfolio manager investments. The article does not cite a source. The Investment Company Institute and the Securities Industry Association both support a ban. SEC commissioners will gather Wednesday morning at 10am to discuss and vote on the proposals. The meeting will be webcast. Printed from: MFWire.com/story.asp?s=7823 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |