Fund Investors Face Prospect of Mandatory Redemption Fees.
Mondaq Business Briefing › Nbr. 2004, May 2004
Linked as:
Extract
Fund Investors Face Prospect of Mandatory Redemption Fees.
From the Investment Management Practice Group
On February 25,2004,the Securities and Exchange Commission ("SEC ")voted to issue a rule proposal that would require most mutual funds to adopt redemption fees on short-term trades.1Proposed Rule 22c-2 is intended to serve as one of various measures designed to address abusive market timing activities in fund shares, whi...See the full content of this document
Sponsored links
