To Regulate Folios Like Funds

The Securities and Exchange Commission has denied a petition from the Investment Company Institute requesting it adopt a rule regulating portfolio investment programs under the same regulations as mutual funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.