Thursday, February 23, 2006

 

Agencies Unite for College Plan Oversight

The National Association of Securities Dealers is joining forces with the Municipal Securities Rulemaking Board to help students and their parents.

The NASD, Washington, a self-regulatory group for securities broker-dealers, and the MSRB, the agency that regulates the municipal bond market, have issued a formal joint statement emphasizing that they will work together to harmonize regulation of mutual funds and 529 college savings plans.

Agencies Unite for College Plan Oversight
Source: National Underwriter (subscription required)

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