The
But meanwhile, the Commission is still sorting through comments on three different reimbursement proposals by Bank One, Pilgrim Baxter and Columbia Funds. The two biggest problems continue to be finding investors in omnibus accounts and tracking down trades they placed years ago. As a result, not everyone is optimistic that the calculations will be accurate.
"There may be some unfairness in the way the funds distribute the money," said Niels Holch, executive director of the
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