In this issue of FRC Mutual Fund Vision, FRC discusses SEC Rule 22c-2, which pertains to the implementation of redemption fee policies. Although the SEC extended the dates for compliance with Rule 22c-2, determining an appropriate policy and ensuring that it can be properly executed with the help of intermediaries will be a time-consuming process. In this white paper, FRC outlines the numerous decisions fund companies must now make to ensure future compliance, and examines the benefits and costs of implementation.