Deadline looms for redemption-fee rule
The deadline is approaching for financial firms to comply with an SEC rule intended to curb market timing and abusive transactions in mutual funds.
The deadline is approaching for financial firms to comply with an SEC rule intended to curb market timing and abusive transactions in mutual funds. As mandated by the SEC’s redemption fee rule, which was passed last year, funds must be able to request and receive data from certain intermediari
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