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SEC Permits BlackRock, JPMorgan to Offer Dual-Share-Class Funds

Bloomberg Markets
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SEC Permits BlackRock, JPMorgan to Offer Dual-Share-Class Funds

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The US Securities and Exchange Commission seal outside the headquarters in Washington, DC.Photographer: Andrew Harrer/BloombergThe US Securities and Exchange Commission is permitting dozens of asset managers including BlackRock, JPMorgan, Fidelity and State Street to offer multi-share class funds.

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Source: Bloomberg Markets