In a recent ruling, a federal court struck down the Securities and Exchange Commission’s rule requiring mutual funds to disclose fees in certain shareholder reports. The court found that the SEC overstepped its authority by mandating the disclosure of so-called “marketing fees” in these reports. This decision is seen as a victory for mutual fund companies, who argued that the rule was burdensome and unnecessary.
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Oil Is Volatile Again: 3 High-Yielders That Will Keep Paying You Just the Same
Oil prices, particularly West Texas Intermediate, have fluctuated between $60 and $80 this year, impacting the cash flows of oil producers and their ability to maintain dividends. Despite this volatility, high-yield stocks like Enterprise Products Partners (NYSE: EPD), Chevron (NYSE: CVX), and Enbridge (NYSE: ENB) are noted for their resilience and reliability as income investments. Want More Context? 🔎
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