Mutual Funds

The ICI declares that there “is no legal basis under the Investment Company Act to restrict closed-end funds’ use of certain common takeover defenses limiting ...

The Commission intends to continue to monitor the current situation

Contact the Commission with guidance or relief requests

“If you’re going to save this industry, you’re going to have to do a 180-degree turn"

BPU Investment Management agrees to pay $927,000 to settle charges

The portolio manager managed the Fund differently from what was represented to investors and their advisers

The dual registrant will pay a $1.5 million penalty

JP Morgan failed to provide available sales charge waivers in at least 58,000 transactions involving approximately 16,734 accounts

Questions would like to hear from the industry on detailed

Rulemaking recommendation on new disclosure framework for variable products coming