Target Date Funds a "Particular Focus" for SEC

SEC Chairman, Nancy Shapiro, spoke to a group last month at the Solutions Forum on Fraud in Washington, D.C., and said the SEC will be taking a closer look at target fund fund marketing practices.  Shapiro said the SEC is focusing on the use of the target date in a fund's name and “how the meaning of that date — and the nature of a fund’s investments — can be better communicated to investors.”  More information on Shapiro's remarks are available in an article published by planadvisor.com.  Click here for the entire article.