Securities Regulatory Update Online wsb.com Library
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Comment Letters on SEC Proposed Rules

Comment Letters on SRO Proposed Rules

Legislative Update

S7-9-00
Proposal: Rel. #: File #: Comments Due: # Letters to Date:
Disclosure by mutual funds of after-tax performance. 33-7809; 34-42528 S7-9-00 6/30/00 13

Letters Released June 12-23: Date: Position:
J.V. Bruni & Co. 6/7/00 Bruni & Co. agrees with this proposal, but would amend it to eliminate the pre-liquidation calculation of after-tax returns and to include a prominent statement of unrealized gains as a percent of the overall fund's portfolio.
Quigley, Ruth H. 6/2/00 This independent trustee on the board of AIM/GT Funds believes that the SEC proposal to require mutual funds to show after-tax returns in a prospectus is needlessly confusing to shareholders and punitive as no other investment vehicle is required to show an after-tax return.
5 letters by individuals 6/8–6/13/00 Five individuals submitted their views electronically with respect to this proposal.

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