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Rating:SEC to Make Announcement on Rule Soon Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, March 13, 2007

SEC to Make Announcement on Rule Soon

by: InvestmentWires Staff, 

MarketWatch is reporting that SEC chairman Christopher Cox has said that an announcement will soon be made regarding the future of the mutual fund goverance rule requiring an majority of independent directors and an independent chairman. The rule was recently thrown out in US court. 

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