SEC approves rule change to allow MSRB to college 529 plan data
The Securities and Exhange Commission has approved MSRB Rule G-45, which will require 529 plan underwriters to submit new information regarding the plan's assets, contributions, withdrawals, and fee and cost structure electronically. Effective February 24, 2015, the rule will require this information to be reported semiannually, with the first submission due by August 30, 2015.
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