Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

How Mutual Funds Can Save Trees


In Business This Week

HOW MUTUAL FUNDS CAN SAVE TREES

QUICK READ: THE SECURITIES & EXCHANGE COMMISSION ruled on Mar. 10 that mutual-fund companies are allowed to sell their wares using a three- to six-page document called a profile instead of a lengthy fund prospectus. The commission also revised its disclosure requirements for prospectuses, which investors will still receive after they invest in funds, omitting such information as descriptions of a fund's capital structure. "It's time investors had useful information before making a decision instead of incomprehensible, dense documents," says Kathleen Clarke, the commission's assistant director of the division of investment management.EDITED BY KELLEY HOLLAND


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus