Although the Securities and Exchange Commission has indicated it would have solutions to eradicate market timing and late trading before the year is up, the Commission is still looking at alternatives to the hard 4 p.m. close and 2% redemption fees on shares redeemed within five days. The SEC is also still looking at how to improve point-of-sale disclosure on commissions and other fees on broker-sold funds.

SEC Chairman William Donaldson made this revelation at an SIA meeting in Boca Raton on Friday, The Wall Street Journal reports.

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