MutualFundWire.com: WSJ Explores the Downside to Rule 22c-2
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Tuesday, October 16, 2007

WSJ Explores the Downside to Rule 22c-2


The Wall Street Journal devoted a piece on SEC's Rule 22c-2, which goes into effect today. According to some intermediary firms interviewed by reporter Eleanor Laise, the rule is having negative effects on regular investors who are not engaging in market timing. For example, an increasing number of people who are making routine trades are being imposed with redemption fees as high as 2 percent or blocked from trading certain funds.


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