Home>SEC Not Deterred by Supreme Court's Fraud Ruling
SEC Not Deterred by Supreme Court's Fraud Ruling
Financial Planning News
Wed, 13 Mar 2013
At the outset, the U.S. Supreme Court's latest ruling against the Securities and Exchange Commission-that there is a five-year limit on bringing fraud claims- may sound like a victory for mutual funds and their advisors.
Morningstar's Ryan Leggio reports on the Supreme Court justices' questions during oral arguments in the Jones v Harris case and how they may be leaning.
New rules should make money market funds even safer, but yields may suffer even more. Morningstar's Christine Benz offers investors a few alternatives to consider.