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US funds may charge for withdrawals amid turmoil

The measure being considered by the SEC could help funds cope with shocks such as a central bank's move to hike interest rates
Monday, September 14, 2015 - 05:50

Washington

MUTUAL funds may be able to charge their investors who rush to cash out during periods of market stress under a rule being considered by the US Securities and Exchange Commission (SEC).

Officials at the regulator think the change could curb the impulse to stampede out of