The SEC has proposed changes which it says will simplify the form which mutual funds use to wind up business. The proposed amendments to Rule 8f-1 under the Investment Company Act and Form N-8F simplify and reorganize the form which funds use to de-register, the SEC said in a statement late last month. The industry had until Feb. 5 to comment on the proposal.
SEC proposes simplified de-registration form
February 15, 1999, 1:00 a.m. EST 1 Min Read