SIA Submits Comments to the SEC on Transactions of Investment Companies with Portfolio and Subadvisory Affiliates
Published on:
July 17, 2002
The Investment Company and Investment Adviser Committees of the Securities Industry Association (SIA)* provide comments to the Securities and Exchange Commission on proposed amendments to rules regarding transactions of investment companies with portfolio and subadvisory affiliates, Release No. IC-25557; File No. S7-13-02. While supporting many aspects of the proposed amendments, SIArecommends the SEC consider additional amendments to that rule that would benefit funds and their shareholders.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.