Headline Details

SEC says closed-end funds should disclose more, managers differ on requirements

Published on: Thu, 20 Jun 2019 16:28:16 UTC
News Agency: Reuters
Description:
NEW YORK, June 20 (LPC) - Firms that manage closed-end funds agree that regulatory proposals that would force managers to disclose more information to investors including factors affecting performance as well as investment strategies could be beneficial, but disagree on whether regulators should dictate what specific data is shared.

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