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Market Timing and Excessive Trading
Invesmart
Apr. 17, 2006
Excerpt: In response to recent market timing and frequent trading issues in the mutual fund industry, the Securities and Exchange Commission (SEC) recently voted to adopt Rule 22c-2 under the Investment Act of 1940. The final of three phases of new regulations, Rule 22c-2, directly impacts financial intermediaries such as brokers/dealers, recordkeepers and trust companies.
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