October 2, 2000
In the Sept. 25 issue of MFMN, it was incorrectly reported that the ICI opposes the SEC's recently adopted Rule FD. In fact, the ICI supports the rule but has reservations about it and is seeking revisions in it.
MFMN also incorrectly reported that the ICI is concerned that fund companies will withhold information because of the new rule. In fact, the ICI is concerned that securities issuers will withhold information.