Mutual fund clients of the back-office specializing Boston Financial and computer software firm DST Systems will be able to easily adhere to SEC Rule 38a-1 with the companies’ Compliance+ system, an "enterprise-wide compliance program" that helps firms meet the rule’s strict and specific requirements.

The rule forces companies to forge written compliance rules that cater to the securities laws and come under subject of review each year, as well as hire a chief compliance officer. Firms must come into compliance with the rule by October 5, 2004.

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