SIA proposes ways for mutual-fund fees disclosure

The association was responding to the Securities and Exchange Commission’s rule proposal on disclosure requirements for confirmations and point-of-sale. SIA also offered to help SEC on finding the best approach to adopt.

“SIA strongly supports enhanced disclosure of mutual-fund economics as well as all other material aspects of mutual-fund investing, such as investment objectives, performance and risk,” said George Kramer, SIA’s vice-president and acting general counsel.

SIA agrees with the

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