It could get a little easier for mutual fund companies to issue press releases next year.

NASD Regulation plans to propose a rule that will eliminate the filing requirement for NASD members who issue press releases about mutual funds. The rule proposal, which NASDR expects to circulate for members' comment by October, also would eliminate the need to file reprints of newspaper and magazine articles used for marketing whose content has not been altered. Currently NASD members must file the documents with the NASDR once they are circulated to the public.

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