JORDEN BURT ALERT: SEC Proposes Brokerage Practice Guidance for Fund Boards August 1, 2008
Relevant Industry Group:
Mutual Funds & Investment Advisers
The SEC has issued a release proposing guidance about how mutual fund boards can discharge their responsibility to oversee the fund portfolio trading practices followed by the funds' investment advisers.
The full alert is available here.
The proposals, which have been widely expected for some time, are included in Release No. 34-58264 (July 30, 2008), which is available here .
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