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sec enforcement,target-date retirement funds,disclosure rules

06/16/2010 06:19:00 PM EST

SEC proposes new disclosures for target-date funds

Posted by

Corporate & Securities Law Community Staff

WASHINGTON-(AP) Federal regulators on Wednesday proposed new disclosure rules for target-date retirement funds that would require sponsors to spell out how they are investing the money and to warn about risks.

The Securities and Exchange Commission voted 5-0 to propose that marketing materials for target-date funds include how investments are being…

Subscribers to www.lexis.com may read the full version of this article here.

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