• (p10) - Claude Y. Pauquin: Another thought that I had on the front-end load is that "what is good for the goose is good for the gander.
  • If the SEC successfully attacks the principle of front-end load in mutual funds, it might also destroy the marketing approach of the life insurance business, especially if federal controls of the life insurance business are forthcoming, since the federal insurance regulators might be expected to adopt a philosophy not too different from that of the securities regulators.

1967 - SOA - New-Company Problems, Society of Actuaries - 38p