The
The new fields, which should be available by early 2007, will include information on breakpoint and contingent deferred sales charge schedules, along with minimum and maximum investment requirements. In addition, DTCC has eliminated redundant fields, reducing the chance for error.
"The changes to profile will make it much easier and faster for fund companies to disseminate updates and new information about their funds to their broker/dealer partners," said Christian Silge, vice president of dealer services in