MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 30, 2009 Fundsters' Eyes Turn to the Supreme Court Will the Supreme Court interfere with asset managers' pricing models that differentiate individual investors' mutual fund shares from institutional shares and institutional separate accounts? On Monday, November 2, the court will hear oral arguments in Jones v. Harris Associates (Chicago-based Harris advises the Oakmark funds). For fundsters and non-fundsters interested in a refresher on the case, both the Wall Street Journal's Jess Bravin and Jane J. Kim and USA Today's John Waggoner take a long look in their articles published Friday. Harris' defenders in the case have included: SEC commissioner Troy Paredes, the ICI and the Mutual Fund Directors Forum. The SEC itself and renowned federal judge Richard Posner are among those who have weighed in against Harris. Printed from: MFWire.com/story.asp?s=23091 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |