The
Paul Roye, director of the division of investment management at the SEC, said the SEC might make this a rule by September or October. Two other proposals could be passed by November, Roy added. The first would require funds to disclose fund fees in dollar amounts for a $10,000 investment over the past six months, and the second would require funds to disclose their holdings on a quarterly rather than on a semi-annual basis. Funds would have to disclose the holdings within 60 days after the end of a quarter.
