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SEC's Shuttering of Fund Fees - #NeverNeeded and Never Authorized

Over the past month, the Competitive Enterprise Institute (CEI) and others have pointed to #NeverNeeded regulations that have served no purpose for years and are now hindering our response to the COVID-19 pandemic and to the economic dislocation that enforced social distancing has caused. Now CEI has joined with other industry and policy groups to petition the Securities and Exchange Commission (SEC) to cease regulatory actions that were not only #NeverNeeded, but never authorized.

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April 29, 2020