SEC settlements thrown off by lengthy shutdown; Amy Lynch explains (Fund Intelligence – Subscription Req’d)

Amy Lynch, Founder and President - FrontLine Compliance
Amy Lynch, Founder and President – FrontLine Compliance

The SEC’s schedule to finalize settlements with firms for Rule 12b-1 violations is feeling the lingering effects of the Federal government shutdown. Founder and President Amy Lynch explains that work remains for the SEC to finalize the settlements and the agency will be pushed to meet its end of February goal. See Fund Intelligence (subscription required), “Shutdown creates uncertainty around timing of 12b-1 settlements”