1. He also said that he did not know how much the state was spending to administer the fee program, but that he believed the cost was minimal. 2. In essence, the proposed rule will guide sponsors of wrap fee programs on what steps they have to follow to avoid being considered an investment company. 3. Included in the fee program is the Sawtooth National Recreation Area. 4. Massachusetts specialists say that the specific way Blue Cross plans to implement the next step of the fee program will make the impact here worse than under Medicare. 5. Some opponents of the fee program see a darker conspiracy to commercialize federal land. 6. That provides little solace for the vocal minority opposing the fee program. 7. The fee demonstration program comes up for renewal for another three-year period next year and local Forest Service administrators say it enjoys widespread support in Washington. 8. The key difference is that participants in wrap fee programs receive individualized advice about which securities to buy, while mutual fund investors share one pool of securities. 9. The Securities and Exchange Commission plans to propose a rule aimed at sponsors of wrap fee programs, a form of investment management that is growing in popularity. 10. They point to the Coleman Company, the Walt Disney Company and others in the American Recreation Coalition, which has lobbied Congress on behalf of the fee program. |