A TOUCH OF CLASS: MUTUAL FUND SHARE CLASS DEVELOPMENTS (PART 1)

• Published in: Practical Lawyer Vol. 64; no. 3; pp. 46 - 64
• Main Authors: Puretz, Jeffrey S, Catano, James V, Evans, Erica, Gilmore, Shayna, Schleppegrell, Christine A, O'Neill, Melissa A
• Format: Trade Publication Article
• Language: English
• Published: Philadelphia American Law Institute 01.06.2018
• Subjects: ERISA; Internal Revenue Code; Mutual funds; Scandals; Series & special reports; Shares; United States > US

Over the past two years, the mutual fund distribution and share class landscape has experienced considerable changes in light of several regulatory developments, notably the new and amended fiduciary "investment advice" regulations issued in April 2016 by the Department of Labor under the...