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The End Of The Closed-End IPO ?

TedTed
in The Bullpen
FYI: (Click On Article Title At Top Of Google Search)
In the ongoing scrutiny of the Labor Department’s newly revamped fiduciary standard, there has been a frenzied search for unintended consequences. Now, there may be some for closed-end funds—but that’s not a bad thing.
Regards,
Ted
https://www.google.com/#q=The+End+of+Closed-End+Fund+IPOs?+Barron's

(That's why the Linkster always recommend never buy a CEF at subscription price. I got caught up in this scam when I bought AOD at it's subscription price of $20 per share back in January 2007. It immediately went to $21 and then shortly thereafter traded below it's inital subscripition price. I lost over $25,000 in this little venture, Thanks a lot Sam Lieber !!

Article:
http://www.marketwatch.com/story/alpine-launches-richest-closed-end-fund-ever-at-35-bln/print
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