SEC Requests Industry Comments on Fund Names

Posted on March 10th, by and in Investment Advisers. Comments Off on SEC Requests Industry Comments on Fund Names

Is the Names Rule effective in preventing misleading or deceptive fund names? The Securities and Exchange Commission (SEC) is seeking public input from funds, investors and other market participants on Rule 35d-1 under the Investment Company Act of 1940 (Names Rule). The SEC identified several fund developments and challenges to applying the Names Rule since it was adopted in 2001 and issued a request for public comment.




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