Shareholder Advocates Urge Congress to Adopt Some Reforms

Hume, Lynn
March 2004
Bond Buyer;3/24/2004, Vol. 347 Issue 31848, p5
Trade Publication
Reports that consumer and mutual fund shareholder advocates had urged Senate Banking Committee members to adopt several targeted legislative reforms for funds after arguing that the U.S. Securities and Exchange Commission (SEC) does not have the authority to move forward with the specific reforms. Adoption of rules to fully disclose costs to investors; Proposal of the sec; Ban of funds from soft-dollar practices.


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