New SEC Rules Call for Shareholder Reports to Include

question 89

Multiple Choice

New SEC rules call for shareholder reports to include

• A)clear information to investors on brokerage commissions and discounts.
• B)information on how the fund compares with industry averages on fees and loads.
• C)information on eligibility for breakpoint discounts.
• D)All of the options.
• E)Only two of the options.

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Definitions:

Common Law

The body of law developed from judicial decisions of courts and similar tribunals, serving as precedent for future cases.

Contributory Negligence

A legal defense where the plaintiff's own negligence played a role in causing their damages or injury, potentially reducing the liability of the defendant.

Exercise Reasonable Care

The requirement to act with the degree of caution and concern for the safety of oneself and others that a reasonably prudent person would under the same circumstances.

No-fault Personal Liability

A legal principle where individuals receive compensation for injuries regardless of who is at fault.