‘Target’ of Target-Date Funds Confuses Investors, SEC Finds
Results of a study just released by the SEC assessing investors’ understanding of TDFs and advertisements related to those funds confirm that they have a number of misconceptions.
SEC’s Rominger: Agency Studying Mutual Fund Shareholder Reports, Financial Literacy
The SEC's study on financial literacy will help SEC in rulemaking on point of sale disclosures of an investment product or service, Rominger says
Top 4 Dodd-Frank Concerns as Law Enters Second Year
For advisors, four issues will take the spotlight as the Dodd-Frank reform bill enters its second year—fiduciary duty, an SRO for advisors, harmonization, and adequate funding for the SEC.