Regulatory Alerts2024-02-14
Disclosure of Price Information in Marketing and Sale of Securities Funds
The Norwegian Financial Supervisory Authority issued this circular to require fund distributors to clearly disclose the total price of securities funds in digital marketing channels. The regulation mandates that price information be presented prominently, including both percentage and nominal amounts, to ensure comparability and prevent misleading practices. Additionally, distributors are advised to actively notify investors of periodic cost reports and ensure these documents are easily accessible to facilitate informed investment decisions.
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