Forum Files Amicus Brief in Support of Shareholders on Recently Adopted CFTC Rule
On May 29, 2012, the Forum filed a "friend of the court" brief on behalf of its membership regarding a newly adopted CFTC rule. The brief argues that requiring many mutual funds using futures, swaps, and options to register with the CFTC will, among other things, increase costs to shareholders without confering additional regulatory benefits on fund investors.
As is the case with every statement made on behalf of its members, the Forum's brief was reviewed prior to issuance by the Forum's Steering Committee, which consists of one representative from every member board.