Recent SEC Priorities Directly Affect Mutual Funds

question 8

Multiple Choice

Recent SEC priorities directly affect mutual funds. Which of the below is NOT one of these?

• A) Reporting after-tax fund returns
• B) More complete reporting of fees, including fees in dollars-and-cents terms as well as in percentage terms.
• C) Disclosing portfolio practices such as "portfolio dressing"
• D) More accurate and consistent reporting of investment performance.

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Definitions:

Legal Structure

The framework within which an organization operates, defined by the law, including entities like corporations, partnerships, and sole proprietorships.

Trade Alliance

An agreement between two or more parties, often countries or companies, to foster trade and economic cooperation.

Venture Capitalists

Investors who provide capital to startup companies and small businesses with perceived long-term growth potential in exchange for equity.

Management Role

A Management Role encompasses the responsibilities and duties exercised by an individual in a managerial position to plan, organize, lead, and control resources to achieve specific objectives.