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| American Bankers Association Comment Letter to SEC on Proposed 4 p.m. Hard Close Rule (PDF) American Bankers Association  Feb. 19, 2004 5 pages; dated February 13, 2004. Excerpt: We continue to strongly oppose a mandatory 4 p.m. hard close. A 4 p.m. hard close to the mutual fund or its agents disadvantages investors by denying them the choice of distribution channels and limiting their investment options. |
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