Think the new certifications that top fund company executives are going to personally give their shareholder reports will result in more insightful, vivid descriptions of their business? Think again, fund executives and attorneys tell The Wall Street Journal.

What is most likely to get toning down are portfolio managersÂ’ statements of opinion, because no top executive will want to vouch for forward-looking statement, fund insiders say. If such speculative statements are certified, it could open a fund company up to litigation, Janet Olsen, general counsel of Artisan Funds, told WSJ.

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