As You Sow Foundation: New SEC Fund Naming Rule Will Improve, Not Stop Misleading Labeling for Investors
May 26, 2022
May 26, 2022
BERKELEY, California, May 26 (TNSpol) -- As You Sow Foundation issued the following news release on May 25, 2022:
The long-awaited U.S. Securities Exchange Commission (SEC) draft rule on fund naming was released today requiring companies to improve the accuracy of names and prospectus language of mutual funds and ETFs. Based on a request for information in March of 2020, the new rule will not update the flawed "80/20 rule" which for nearly two decades has been abused by fu . . .
The long-awaited U.S. Securities Exchange Commission (SEC) draft rule on fund naming was released today requiring companies to improve the accuracy of names and prospectus language of mutual funds and ETFs. Based on a request for information in March of 2020, the new rule will not update the flawed "80/20 rule" which for nearly two decades has been abused by fu . . .