Reform Plan Ready on Mutual Fund Operations
The SEC released a 346 page plan proposing a 5 percent cap on mutual fund sales charges, lower advisory fees, and a ban on front-end contract plans that could siphon off up to half the first year’s investment in commissions. Industry groups opposed the front-end plan while noting mixed support for other recommendations. If enacted, changes would be the first to the Investment Company Act since 1940 and could save investors millions annually according to commission sources.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
Congress
Commission
Investment Company Institute
Association of Mutual Fund Plan Sponsors Inc
Snow White Comes to Murphy Hall With School Visit
A near capacity crowd of about 1100 third through fourth graders attended the first major cultural production of the year Snow White and the Seven Dwarfs at Murphy Hall organized by the PTA. The performance featured Parmalee Bates as Snow White and Shirley Potter as the Evil Queen Brangomar with four scenes, elaborate lighting and a fog effect. After the show the cast met with the children, a highlight praised by Bates.
MENTIONED IN THIS ARTICLE
Murphy Hall
PTA
St. John’s
Capper Foundation
Topeka
Villa Eden Thursday Guests Include Pettengill Family
Thursday visitors at Villa Eden included Ruth Pettengill and guests Mr. and Mrs. Frank Pettengill and John Pettengill plus Mr. and Mrs. Bud Pettengill and others.
MENTIONED IN THIS ARTICLE
Lawrence
Jeannette Fitzell
Cheyenne
Wyo
Herbert Moore
Charles Davidson
Alfred Torneden
Glen Shafstall
McLouth
Frank Hoey
Tonganoxie
Frank Reed
Dell Renner
George Taber
Kansas City
LaVerne Reed
Bill Payne
Richard Montgomery
Clathe
Walter Reed
Bartlesville
Okla
Melvin Davidson
Gene Mosser
Eudora
Jack Y Davidson
Ruth Pettengill
William Torneden
William
Larry Torneden
Roger Torneden
Bill Berry
Ronnie
Joyce Crawer
Nate Pettengill
Augusta Kahn
Lena
Louis Torneden
Leavenworth
Frank Henik
Herbert Torneden
Anna Torneden
Frank Pettengill
John
Bud” Pettengill
Five Friday Fire Runs in Lawrence with Minor Damage
Lawrence firemen logged five calls Friday with only minor damage reported. Incidents included a furnace motor burn at 1001 Ala St, smoking from faulty wiring at 718 Walnut St, smoke smell at 825 Ind St, a trash fire at 1630 Ut St, and burning grease in a corn popper at 2324 Ohio St.
MENTIONED IN THIS ARTICLE
Lawrence
Ala. St
Walnut St
Ind. St
Ut. St
Ohio St
Also Mentioned on This Page
Securittk
SEC Sai
Manuel F. Cohen
Voic
Ing
Snow White
Walt Disney
Jed Davis
Parmalee Bates
Earl Trussell
By Helen Pendleton
Villa Eden
Round Corner Drug Co
Hallmark Cards, Inc
Lawrence, Kansas
U.P
Shetland
Cook’s Paints
Harry Hilderman
Lawrence Tuc
The
Eldridge Hotel
Sono
Quincy - Topeka
Magnavox
Massachusetts