SEC fund reforms may cost investors – report

COMPLIANCE | REPORT ADVISES TO 'WAIT AND SEE' BEFORE SPENDING ON TECHNOLOGY

BOSTON – Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.

In a new TowerGroup consultancy report, Regulatory and Legislative Efforts to Heal the Ailing Mutual Fund Industry: Will the Medicine Kill the Patient?, senior analyst Gavin Little-Gill argues that new and proposed regulations are d