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"This is just a band-aid and is not going to fly over the long term."

12 Jan 2007

--Mara Shreck, assistant counsel to the Investment Company Institute in Washington, D.C., commenting on Securities and Exchange Commission staffers' efforts to clarify fee disclosure rules for funds investing in other funds.

"This is just a band-aid and is not going to fly over the long term."--Mara Shreck, assistant counsel to theInvestment Company Institutein Washington, D.C., commenting onSecurities and Exchange Commissionstaffers' efforts to clarify fee disclosure rules for funds investing in other funds.

12 Jan 2007