The Securities and Exchange Commission continues to recognize the growing influence of the Internet on the mutual fund industry by giving investors greater access to financial information online.

Most recently, the SEC approved a proposal to require fund companies to send investors a short, two-page summary prospectus and post their full prospectuses online-and it appears that unlike when this was attempted 12 years ago, the industry is ready to embrace prospectus profiles.

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.