REGULATION: Hearing scheduled for target date funds
Federal regulators are accepting requests to participate in a June 18 hearing that will focus on target date funds.
Federal regulators are accepting requests to participate in a June 18 hearing that will focus on target date funds. Discussing topics at the hearing, which will be held jointly by the SEC and the Labor Department, will include how managers determine asset allocations and changes to those allocations; how they select and monitor underlying investments; how those decision and risks are disclosed; and how such funds are compared and evaluated. Regulators are considering new rule governing these funds. For more information, go to sec.gov/rules/other/2009/ic-28725.pdf.
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