You are here

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


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

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom