SEC Expands Scope Of Terms To Be Considered Deceptive
Proposed Amendments by the U.S. Securities and Exchange Commission would significantly expand the scope of terms that the SEC considers materially deceptive and misleading in a registered investment companyโs a fund name without a corresponding policy to invest at least 80%.
Ben Skillin Exchange Commission A Fund By Any Other Name Investment Company Characteristics Of The Fund Overall Portfolio Proposed Amendments
Source: natlawreview.com