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 |
|
Wednesday, November 24, 2004 Unpopular SEC Proposals Will Likely Change, Says Insider Two outstanding, and unpopular fund reform proposals at the SEC will likely not only be pushed back to 2005, but also see drastic change. That's according to an unnamed SEC official as reported the LA Times. The two proposals concern a hard 4pm close for trades and a mandatory two percent redemption fee on funds. "I'd anticipate that any rules proposals will look substantially different from the originals," said the official. Printed from: MFWire.com/story.asp?s=8513 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |