Sentences with phrase «mutual fund share class selections»

The SEC is very clear in those few times when it says it may not fully prosecute prior securities law violations; a good example of how the SEC tends to approach those instances was its recent offer to investment advisers with potential fiduciary duty violations in connection with mutual fund share class selections to voluntarily discuss those violations with the SEC.

The SEC announced its Share Class Selection Disclosure Initiative (SCSD Initiative) which encourages investment advisers to self - report securities violations with respect to failure to make disclosures concerning mutual fund share class selection.