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Second Bill on Mutual Fund Fee Disclosure Introduced in House of Representatives
ICMA-RC 
Sept. 19, 2007 Excerpt: A second bill, The Mutual Fund Fee Reform Act, aimed at mutual fund fee disclosure rules has been introduced in the U.S. House of Representatives. The bill, sponsored by Rep. Dennis Moore (D-KS) and Rep. Mike Castle (R-DL), would direct the U.S. Securities and Exchange Commission (SEC) to revise regulations to require more detailed 12b-1 fee disclosure to fund investors. MORE >> |
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