Industry executives largely agree that international standards or reciprocity agreements between countries allowing funds to be sold internationally are a long way from becoming a reality.

But, because the Internet has created an international emporium that expands the reach of any mutual fund across the globe, the SEC, in the coming year, will explore whether international regulations concerning the sale of funds over the Internet are necessary, said Douglas Scheidt, associate director and chief counsel for the division of investment management at the SEC.

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.