Latest / The FTF Exchange Podcast
SEC’s Marketing Rule Is Creating Ops Headaches
A key requirement of the SEC’s marketing rule is the presentation of net performance data along with gross performance data, but many firms have processes in place only for gross returns, says Olivier Verburg, vice president, analytics manager at FactSet in this latest edition of the FTF Exchange podcast series. “Suddenly switching that to net will present challenges on the operational side of things,” Verburg says. The regulator says that the rule is intended to provide more transparency for investors. “I think they’re trying to make sure consumers are comparing apples to apples when they’re…
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