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Proposed SEC Regs: Enhanced Disclosure and New Prospectus Delivery Option for Registered Open-End Management Investment Companies (PDF)
U.S. Securities and Exchange Commission [SEC]
Nov. 30, 2007
36 pages. Excerpt: The proposed amendments, if adopted, would require key information to appear in plain English in a standardized order at the front of the mutual fund statutory prospectus. The Commission is also proposing rule amendments that would permit a person to satisfy its mutual fund prospectus delivery obligations under Section 5(b)(2) of the Securities Act by sending or giving the key information directly to investors in the form of a summary prospectus and providing the statutory prospectus on an Internet Web site.
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