Have the Funds communicated with financial intermediaries about the Funds policies on late trading and short-term trading?
In September, Dimensional, on behalf of the Funds, sent letters to the financial intermediaries that are authorized to transmit orders for the Funds’ shares to the Funds after 4:00 p.m. EST, requesting that the financial intermediaries certify their compliance with the terms of the agreements with the Funds, with applicable law, and with policies and procedures designed to screen market timing and late trading. Dimensional is in the process of collecting and reviewing the responses. All responses received to date confirm the respondents’ compliance.
Related Questions
- Have the Funds communicated with financial intermediaries about the Funds policies on late trading and short-term trading?
- Do the Funds allow late trading or what is sometimes referred to in the industry as market timing in the Funds?
- Why would an organization consider investing in short-term funds overseas?
