allowed such a waiver. Well, it turns out that a lot of brokers have been selling A shares into retirement plans at POP (Public Offering Price), that is, the participants in the plan paid a front end load when the fund’s prospectus allowed those shares to be sold with no load. What’s the result of this activity? A FINRA investigation into broker dealer firms. So why is this happening now? Let’s take a step back and examine the players in this party.
Load Waived A Shares – Putting the Milk Back in the BottleLike(0)
Organization Type: Business Enterprise
Article Type: Expert Article
Industry: Financial Technology
Focus: General Info
Location: SW Georgia