On February 12, 2018, the U.S. Securities and Exchange Commission announced an initiative to address undisclosed conflicts of interest by investment advisers in the context of mutual fund share classes. Dubbed the Share Class Selection Disclosure (“SCSD”) Initiative, the program encourages investment advisers to self-report potential violations by June 12, 2018, in exchange for favorable … Continue reading →
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The Clock is Ticking for Investment Advisers to Self-Report Mutual Fund Share Class Violations
category: conflicts, Disclosure, investment advisors, mutal funds, RIA, Rule 12b-1, SCSD Initiative, SEC
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