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
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