On January 13, 2009, the Securities and Exchange Commission (SEC) issued a release adopting rule changes to allow mutual funds to use summary prospectuses. The release also makes substantial revisions to Form N-1A, which prescribes the content of mutual fund prospectuses. Mutual funds will have to provide a revised summary section at the beginning of each statutory prospectus and can use the information in this summary section as a summary prospectus to satisfy their prospectus delivery obligations under Section 5(b)(2) of the Securities Act of 1933.At this webinar, WilmerHale will present a discussion about the implications of the rule change, the impact of the revisions to Form N-1A, and how to comply with the revised rules.

Speakers will consist of partners in WilmerHale's Investment Management Practice Group.