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ABC Comment Letter Sent to SEC on the Proposed Amendments to the Final Redemption Fee Rule (PDF)
American Benefits Council
[Opinion] Apr. 11, 2006
5 pages. Excerpt: The Council recommends that [SEC] efforts be enhanced by the following additional actions ...: (1) delay the effective date to allow sufficient time for implementation, (2) modify the proposed rule applicable to situations where funds and intermediaries have not yet reached an agreement, (3) provide uniform standards for implementation of the rule's requirements, (4) direct assurance that information provided by intermediaries can be used for no other purpose by fund[.]
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