The mutual fund industry is overwhelmingly in support of prospectus profiles, or short-form prospectuses, a study commissioned by New River and conducted by Forrester Consulting finds.

Ninety-five percent of the 150 companies surveyed said they would be somewhat or very likely to use short-form prospectuses if the Securities and Exchange Commission approves of it. The SEC has said it will propose a short-form prospectus ruling this year. It would still require fund companies to file a long prospectus with the SEC but only supply a long prospectus to investors upon request.

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