Of all the SEC proposals facing pushback, the swing pricing proposal for mutual funds is taking the most heat from Democrats. A total of 38 members of the House of Representatives from both parties ...
Industry groups filed arguments saying the proposal, intended to put greater burden on “first mover” traders of open-ended funds, would actually hurt everyday workers and retirees. Retirement and ...
Mutual funds have been foundational to American investors for the past 100 years. Millions of Californians put their hard-earned dollars in mutual funds and exchange-traded funds (ETFs) to invest for ...
A bipartisan group of 38 lawmakers has urged SEC Chairman Gary Gensler to withdraw the agency's proposal that would require open-end funds to use swing pricing, stating it would bring harm to ...