As the market-timing scandals recede into financial history, the cautionary practices instituted in their wake could face the same fate. Redemption fees, a deterrent against rapid-fire trading, are ...
Over the past year, the handling of personal property and redemption fees has become one of the hottest compliance topics in the industry. It is on the radar screen of virtually every auto finance ...
Redemption fees are widely considered a good thing for long-term investors because they help mutual funds recoup trading costs incurred by those who hold shares for only a short time. A recent ...
T. Rowe Price is adding a 2% redemption fee on all shares of its international funds not already employing the charge, the firm said on Tuesday. The fee will apply to shares held less than 90 days or ...
November 03, 2004, 1:00 a.m. EST 1 Min Read A growing number of pension plan administrators are giving Fidelity Investments the boot before the mutual fund giant imposes a new mandate requiring 401 (k ...
After Eliot Spitzer discovered the fund market-timing scandals in 2003, regulators searched for a solution. One approach proposed by the SEC was to boost redemption fees, socking speculators with ...
As part of the effort to fight market timers, Fidelity Investments and Putnam Investments have decided to implement short-term redemption fees on more mutual funds in their lineups. At Fidelity, 10 ...