Stradley Ronon Partner Amy Fitzsimmons was quoted in the Ignites article, "Ex-SEC Commish Urges Agency to Revisit Target-Date Rules," discussing whether the SEC is likely to propose rules concerning target-date risk disclosures.
"Further rulemaking may not be warranted since most fund providers have already 'made strides to make disclosures clearer,' says Amy Fitzsimmons, a partner at Philadelphia-based law firm Stradley Ronon. Virtually every fund’s marketing material now contains language acknowledging that target-date portfolios cannot guarantee returns, for example, she notes."
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