WASHINGTON - The SEC will adopt a rule by year-end requiring a fund's name reflect at least 80 percent of its holdings, Paul Roye, director of the SEC's division of investment management, told a symposium here Oct. 12.

For example, a fund that uses the word "technology" in its name will have to have at least 80 percent of its holdings in technology securities. Currently, the rule requires that only 65 percent of a fund's portfolio reflect its name.

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