[Opinion]

4/17/2006: American Bankers Association Comments on Proposed Oct. 16, 2006 Compliance Date for SEC Rule 22c-2 (PDF) (American Bankers Association)

8 pages. Excerpt: Additional time is necessary for intermediaries and others to receive and to negotiate contracts with mutual funds, to revise various operational systems to allow intermediaries to interface with mutual funds ..., to obtain the necessary regulatory assurances from the banking regulators and the Department of Labor and to notify, where appropriate, clients of their contractual obligation to provide confidential information to unaffiliated third party mutual funds on request.