id	sid	tid	token	lemma	pos
cblr-1213	1	1	microsoft	microsoft	PROPN
cblr-1213	1	2	word	word	NOUN
cblr-1213	1	3	5	5	NUM
cblr-1213	1	4	.	.	PUNCT
cblr-1213	1	5	tucker_print.docx	tucker_print.docx	NOUN
cblr-1213	1	6	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	1	7	will	will	AUX
cblr-1213	1	8	swing	swing	VERB
cblr-1213	1	9	pricing	pricing	NOUN
cblr-1213	1	10	save	save	VERB
cblr-1213	1	11	sedentary	sedentary	ADJ
cblr-1213	1	12	shareholders	shareholder	NOUN
cblr-1213	1	13	?	?	PUNCT
cblr-1213	2	1	anne	anne	PROPN
cblr-1213	2	2	m.	m.	PROPN
cblr-1213	2	3	tucker	tucker	PROPN
cblr-1213	2	4	&	&	CCONJ
cblr-1213	2	5	holly	holly	PROPN
cblr-1213	2	6	van	van	PROPN
cblr-1213	2	7	den	den	PROPN
cblr-1213	2	8	toorn	toorn	PROPN
cblr-1213	2	9	*	*	PROPN
cblr-1213	2	10	this	this	DET
cblr-1213	2	11	article	article	NOUN
cblr-1213	2	12	explains	explain	VERB
cblr-1213	2	13	and	and	CCONJ
cblr-1213	2	14	explores	explore	VERB
cblr-1213	2	15	new	new	ADJ
cblr-1213	2	16	securities	securities	PROPN
cblr-1213	2	17	exchange	exchange	PROPN
cblr-1213	2	18	commission	commission	PROPN
cblr-1213	2	19	rules	rule	NOUN
cblr-1213	2	20	authorizing	authorize	VERB
cblr-1213	2	21	optional	optional	ADJ
cblr-1213	2	22	swing	swing	NOUN
cblr-1213	2	23	pricing	pricing	NOUN
cblr-1213	2	24	for	for	ADP
cblr-1213	2	25	mutual	mutual	ADJ
cblr-1213	2	26	funds	fund	NOUN
cblr-1213	2	27	.	.	PUNCT
cblr-1213	3	1	swing	swing	NOUN
cblr-1213	3	2	pricing	pricing	NOUN
cblr-1213	3	3	is	be	AUX
cblr-1213	3	4	an	an	DET
cblr-1213	3	5	anti	anti	ADJ
cblr-1213	3	6	-	-	ADJ
cblr-1213	3	7	dilution	dilution	ADJ
cblr-1213	3	8	tool	tool	NOUN
cblr-1213	3	9	intended	intend	VERB
cblr-1213	3	10	to	to	PART
cblr-1213	3	11	protect	protect	VERB
cblr-1213	3	12	sedentary	sedentary	ADJ
cblr-1213	3	13	investors	investor	NOUN
cblr-1213	3	14	who	who	PRON
cblr-1213	3	15	enter	enter	VERB
cblr-1213	3	16	,	,	PUNCT
cblr-1213	3	17	and	and	CCONJ
cblr-1213	3	18	stay	stay	VERB
cblr-1213	3	19	,	,	PUNCT
cblr-1213	3	20	in	in	ADP
cblr-1213	3	21	a	a	DET
cblr-1213	3	22	fund	fund	NOUN
cblr-1213	3	23	.	.	PUNCT
cblr-1213	4	1	workers	worker	NOUN
cblr-1213	4	2	setting	set	VERB
cblr-1213	4	3	aside	aside	ADP
cblr-1213	4	4	money	money	NOUN
cblr-1213	4	5	for	for	ADP
cblr-1213	4	6	retirement	retirement	NOUN
cblr-1213	4	7	are	be	AUX
cblr-1213	4	8	often	often	ADV
cblr-1213	4	9	sedentary	sedentary	ADJ
cblr-1213	4	10	investors	investor	NOUN
cblr-1213	4	11	.	.	PUNCT
cblr-1213	5	1	mutual	mutual	ADJ
cblr-1213	5	2	funds	fund	NOUN
cblr-1213	5	3	are	be	AUX
cblr-1213	5	4	the	the	DET
cblr-1213	5	5	mainstay	mainstay	NOUN
cblr-1213	5	6	vehicle	vehicle	NOUN
cblr-1213	5	7	for	for	ADP
cblr-1213	5	8	retirement	retirement	NOUN
cblr-1213	5	9	investors	investor	NOUN
cblr-1213	5	10	,	,	PUNCT
cblr-1213	5	11	yet	yet	ADV
cblr-1213	5	12	as	as	ADP
cblr-1213	5	13	sedentary	sedentary	ADJ
cblr-1213	5	14	shareholders	shareholder	NOUN
cblr-1213	5	15	they	they	PRON
cblr-1213	5	16	can	can	AUX
cblr-1213	5	17	experience	experience	VERB
cblr-1213	5	18	significant	significant	ADJ
cblr-1213	5	19	asset	asset	NOUN
cblr-1213	5	20	dilution	dilution	NOUN
cblr-1213	5	21	over	over	ADP
cblr-1213	5	22	their	their	PRON
cblr-1213	5	23	savings	saving	NOUN
cblr-1213	5	24	lifetime	lifetime	NOUN
cblr-1213	5	25	.	.	PUNCT
cblr-1213	6	1	swing	swing	NOUN
cblr-1213	6	2	pricing	pricing	NOUN
cblr-1213	6	3	—	—	PUNCT
cblr-1213	6	4	a	a	DET
cblr-1213	6	5	mutual	mutual	ADJ
cblr-1213	6	6	fund	fund	NOUN
cblr-1213	6	7	pricing	pricing	NOUN
cblr-1213	6	8	mechanism	mechanism	NOUN
cblr-1213	6	9	that	that	PRON
cblr-1213	6	10	allocates	allocate	VERB
cblr-1213	6	11	transaction	transaction	NOUN
cblr-1213	6	12	costs	cost	NOUN
cblr-1213	6	13	to	to	ADP
cblr-1213	6	14	the	the	DET
cblr-1213	6	15	triggering	trigger	VERB
cblr-1213	6	16	shareholders	shareholder	NOUN
cblr-1213	6	17	—	—	PUNCT
cblr-1213	6	18	could	could	AUX
cblr-1213	6	19	save	save	VERB
cblr-1213	6	20	sedentary	sedentary	ADJ
cblr-1213	6	21	shareholders	shareholder	NOUN
cblr-1213	6	22	,	,	PUNCT
cblr-1213	6	23	collectively	collectively	ADV
cblr-1213	6	24	,	,	PUNCT
cblr-1213	6	25	billions	billion	NOUN
cblr-1213	6	26	of	of	ADP
cblr-1213	6	27	dollars	dollar	NOUN
cblr-1213	6	28	.	.	PUNCT
cblr-1213	7	1	the	the	DET
cblr-1213	7	2	mutual	mutual	ADJ
cblr-1213	7	3	fund	fund	NOUN
cblr-1213	7	4	industry	industry	NOUN
cblr-1213	7	5	’s	’s	PART
cblr-1213	7	6	operational	operational	ADJ
cblr-1213	7	7	complexities	complexity	NOUN
cblr-1213	7	8	and	and	CCONJ
cblr-1213	7	9	competing	compete	VERB
cblr-1213	7	10	regulatory	regulatory	ADJ
cblr-1213	7	11	obligations	obligation	NOUN
cblr-1213	7	12	may	may	AUX
cblr-1213	7	13	prevent	prevent	VERB
cblr-1213	7	14	funds	fund	NOUN
cblr-1213	7	15	from	from	ADP
cblr-1213	7	16	immediately	immediately	ADV
cblr-1213	7	17	utilizing	utilize	VERB
cblr-1213	7	18	swing	swing	NOUN
cblr-1213	7	19	pricing	pricing	NOUN
cblr-1213	7	20	once	once	SCONJ
cblr-1213	7	21	it	it	PRON
cblr-1213	7	22	becomes	become	VERB
cblr-1213	7	23	effective	effective	ADJ
cblr-1213	7	24	in	in	ADP
cblr-1213	7	25	november	november	PROPN
cblr-1213	7	26	2018	2018	NUM
cblr-1213	7	27	.	.	PUNCT
cblr-1213	8	1	the	the	DET
cblr-1213	8	2	biggest	big	ADJ
cblr-1213	8	3	obstacle	obstacle	NOUN
cblr-1213	8	4	is	be	AUX
cblr-1213	8	5	a	a	DET
cblr-1213	8	6	time	time	NOUN
cblr-1213	8	7	conflict	conflict	NOUN
cblr-1213	8	8	reminiscent	reminiscent	ADJ
cblr-1213	8	9	of	of	ADP
cblr-1213	8	10	the	the	DET
cblr-1213	8	11	chicken	chicken	NOUN
cblr-1213	8	12	and	and	CCONJ
cblr-1213	8	13	egg	egg	NOUN
cblr-1213	8	14	problem	problem	NOUN
cblr-1213	8	15	.	.	PUNCT
cblr-1213	9	1	under	under	ADP
cblr-1213	9	2	current	current	ADJ
cblr-1213	9	3	industry	industry	NOUN
cblr-1213	9	4	operations	operation	NOUN
cblr-1213	9	5	,	,	PUNCT
cblr-1213	9	6	mutual	mutual	ADJ
cblr-1213	9	7	funds	fund	NOUN
cblr-1213	9	8	will	will	AUX
cblr-1213	9	9	not	not	PART
cblr-1213	9	10	receive	receive	VERB
cblr-1213	9	11	the	the	DET
cblr-1213	9	12	trading	trading	NOUN
cblr-1213	9	13	information	information	NOUN
cblr-1213	9	14	necessary	necessary	ADJ
cblr-1213	9	15	to	to	PART
cblr-1213	9	16	adjust	adjust	VERB
cblr-1213	9	17	the	the	DET
cblr-1213	9	18	daily	daily	ADJ
cblr-1213	9	19	price	price	NOUN
cblr-1213	9	20	of	of	ADP
cblr-1213	9	21	the	the	DET
cblr-1213	9	22	fund	fund	NOUN
cblr-1213	9	23	(	(	PUNCT
cblr-1213	9	24	swing	swing	VERB
cblr-1213	9	25	the	the	DET
cblr-1213	9	26	price	price	NOUN
cblr-1213	9	27	)	)	PUNCT
cblr-1213	9	28	until	until	SCONJ
cblr-1213	9	29	after	after	SCONJ
cblr-1213	9	30	funds	fund	NOUN
cblr-1213	9	31	have	have	VERB
cblr-1213	9	32	to	to	PART
cblr-1213	9	33	finalize	finalize	VERB
cblr-1213	9	34	the	the	DET
cblr-1213	9	35	price	price	NOUN
cblr-1213	9	36	adjustment	adjustment	NOUN
cblr-1213	9	37	.	.	PUNCT
cblr-1213	10	1	blockchain	blockchain	PROPN
cblr-1213	10	2	technology	technology	PROPN
cblr-1213	10	3	—	—	PUNCT
cblr-1213	10	4	offering	offer	VERB
cblr-1213	10	5	secure	secure	NOUN
cblr-1213	10	6	,	,	PUNCT
cblr-1213	10	7	automated	automate	VERB
cblr-1213	10	8	,	,	PUNCT
cblr-1213	10	9	and	and	CCONJ
cblr-1213	10	10	verified	verified	ADJ
cblr-1213	10	11	ledgers	ledger	NOUN
cblr-1213	10	12	—	—	PUNCT
cblr-1213	10	13	may	may	AUX
cblr-1213	10	14	present	present	VERB
cblr-1213	10	15	an	an	DET
cblr-1213	10	16	operational	operational	ADJ
cblr-1213	10	17	path	path	NOUN
cblr-1213	10	18	forward	forward	ADV
cblr-1213	10	19	for	for	ADP
cblr-1213	10	20	the	the	DET
cblr-1213	10	21	industry	industry	NOUN
cblr-1213	10	22	.	.	PUNCT
cblr-1213	11	1	the	the	DET
cblr-1213	11	2	sec	sec	PROPN
cblr-1213	11	3	’s	’s	PART
cblr-1213	11	4	swing	swing	NOUN
cblr-1213	11	5	pricing	pricing	NOUN
cblr-1213	11	6	approach	approach	NOUN
cblr-1213	11	7	leaves	leave	VERB
cblr-1213	11	8	unanswered	unanswered	ADJ
cblr-1213	11	9	how	how	SCONJ
cblr-1213	11	10	funds	fund	NOUN
cblr-1213	11	11	will	will	AUX
cblr-1213	11	12	overcome	overcome	VERB
cblr-1213	11	13	these	these	PRON
cblr-1213	11	14	,	,	PUNCT
cblr-1213	11	15	and	and	CCONJ
cblr-1213	11	16	other	other	ADJ
cblr-1213	11	17	,	,	PUNCT
cblr-1213	11	18	hurdles	hurdle	NOUN
cblr-1213	11	19	.	.	PUNCT
cblr-1213	12	1	this	this	DET
cblr-1213	12	2	article	article	NOUN
cblr-1213	12	3	explores	explore	VERB
cblr-1213	12	4	the	the	DET
cblr-1213	12	5	components	component	NOUN
cblr-1213	12	6	of	of	ADP
cblr-1213	12	7	swing	swing	NOUN
cblr-1213	12	8	pricing	pricing	NOUN
cblr-1213	12	9	,	,	PUNCT
cblr-1213	12	10	as	as	ADV
cblr-1213	12	11	well	well	ADV
cblr-1213	12	12	as	as	ADP
cblr-1213	12	13	the	the	DET
cblr-1213	12	14	objections	objection	NOUN
cblr-1213	12	15	to	to	ADP
cblr-1213	12	16	and	and	CCONJ
cblr-1213	12	17	perceived	perceive	VERB
cblr-1213	12	18	benefits	benefit	NOUN
cblr-1213	12	19	of	of	ADP
cblr-1213	12	20	swing	swing	NOUN
cblr-1213	12	21	pricing	pricing	NOUN
cblr-1213	12	22	,	,	PUNCT
cblr-1213	12	23	and	and	CCONJ
cblr-1213	12	24	concludes	conclude	VERB
cblr-1213	12	25	with	with	ADP
cblr-1213	12	26	two	two	NUM
cblr-1213	12	27	unique	unique	ADJ
cblr-1213	12	28	perspectives	perspective	NOUN
cblr-1213	12	29	on	on	ADP
cblr-1213	12	30	the	the	DET
cblr-1213	12	31	sec	sec	PROPN
cblr-1213	12	32	rules	rule	NOUN
cblr-1213	12	33	:	:	PUNCT
cblr-1213	12	34	one	one	NUM
cblr-1213	12	35	academic	academic	NOUN
cblr-1213	12	36	*	*	PUNCT
cblr-1213	12	37	anne	anne	PROPN
cblr-1213	12	38	m.	m.	PROPN
cblr-1213	12	39	tucker	tucker	PROPN
cblr-1213	12	40	,	,	PUNCT
cblr-1213	12	41	associate	associate	ADJ
cblr-1213	12	42	professor	professor	NOUN
cblr-1213	12	43	of	of	ADP
cblr-1213	12	44	law	law	NOUN
cblr-1213	12	45	,	,	PUNCT
cblr-1213	12	46	georgia	georgia	PROPN
cblr-1213	12	47	state	state	PROPN
cblr-1213	12	48	university	university	PROPN
cblr-1213	12	49	college	college	PROPN
cblr-1213	12	50	of	of	ADP
cblr-1213	12	51	law	law	NOUN
cblr-1213	12	52	.	.	PUNCT
cblr-1213	13	1	holly	holly	PROPN
cblr-1213	13	2	van	van	PROPN
cblr-1213	13	3	den	den	PROPN
cblr-1213	13	4	toorn	toorn	NOUN
cblr-1213	13	5	has	have	VERB
cblr-1213	13	6	over	over	ADP
cblr-1213	13	7	eighteen	eighteen	NUM
cblr-1213	13	8	years	year	NOUN
cblr-1213	13	9	of	of	ADP
cblr-1213	13	10	mutual	mutual	ADJ
cblr-1213	13	11	fund	fund	NOUN
cblr-1213	13	12	industry	industry	NOUN
cblr-1213	13	13	experience	experience	NOUN
cblr-1213	13	14	and	and	CCONJ
cblr-1213	13	15	is	be	AUX
cblr-1213	13	16	currently	currently	ADV
cblr-1213	13	17	a	a	DET
cblr-1213	13	18	legal	legal	ADJ
cblr-1213	13	19	and	and	CCONJ
cblr-1213	13	20	compliance	compliance	NOUN
cblr-1213	13	21	manager	manager	NOUN
cblr-1213	13	22	for	for	ADP
cblr-1213	13	23	a	a	DET
cblr-1213	13	24	publically	publically	ADV
cblr-1213	13	25	traded	trade	VERB
cblr-1213	13	26	company	company	NOUN
cblr-1213	13	27	,	,	PUNCT
cblr-1213	13	28	its	its	PRON
cblr-1213	13	29	wholly	wholly	ADV
cblr-1213	13	30	-	-	PUNCT
cblr-1213	13	31	owned	own	VERB
cblr-1213	13	32	registered	register	VERB
cblr-1213	13	33	investment	investment	NOUN
cblr-1213	13	34	advisors	advisor	NOUN
cblr-1213	13	35	,	,	PUNCT
cblr-1213	13	36	and	and	CCONJ
cblr-1213	13	37	affiliated	affiliate	VERB
cblr-1213	13	38	mutual	mutual	ADJ
cblr-1213	13	39	funds	fund	NOUN
cblr-1213	13	40	.	.	PUNCT
cblr-1213	14	1	ms	ms	PROPN
cblr-1213	14	2	.	.	PROPN
cblr-1213	14	3	van	van	PROPN
cblr-1213	14	4	den	den	PROPN
cblr-1213	14	5	toorn	toorn	NOUN
cblr-1213	14	6	is	be	AUX
cblr-1213	14	7	a	a	DET
cblr-1213	14	8	part	part	ADJ
cblr-1213	14	9	-	-	PUNCT
cblr-1213	14	10	time	time	NOUN
cblr-1213	14	11	law	law	NOUN
cblr-1213	14	12	student	student	NOUN
cblr-1213	14	13	and	and	CCONJ
cblr-1213	14	14	expects	expect	VERB
cblr-1213	14	15	to	to	PART
cblr-1213	14	16	complete	complete	VERB
cblr-1213	14	17	her	her	PRON
cblr-1213	14	18	j.d	j.d	PROPN
cblr-1213	14	19	.	.	PROPN
cblr-1213	14	20	in	in	ADP
cblr-1213	14	21	may	may	PROPN
cblr-1213	14	22	2019	2019	NUM
cblr-1213	14	23	.	.	PUNCT
cblr-1213	15	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	16	1	no	no	INTJ
cblr-1213	16	2	.	.	PUNCT
cblr-1213	17	1	1:130	1:130	NUM
cblr-1213	17	2	]	]	X
cblr-1213	17	3	will	will	AUX
cblr-1213	17	4	swing	swing	VERB
cblr-1213	17	5	pricing	pricing	NOUN
cblr-1213	17	6	save	save	VERB
cblr-1213	17	7	sedentary	sedentary	ADJ
cblr-1213	17	8	shareholders	shareholder	NOUN
cblr-1213	17	9	?	?	PUNCT
cblr-1213	18	1	131	131	NUM
cblr-1213	18	2	and	and	CCONJ
cblr-1213	18	3	one	one	NUM
cblr-1213	18	4	professional	professional	NOUN
cblr-1213	18	5	.	.	PUNCT
cblr-1213	19	1	this	this	DET
cblr-1213	19	2	article	article	NOUN
cblr-1213	19	3	maintains	maintain	VERB
cblr-1213	19	4	that	that	SCONJ
cblr-1213	19	5	mutual	mutual	ADJ
cblr-1213	19	6	funds	fund	NOUN
cblr-1213	19	7	should	should	AUX
cblr-1213	19	8	take	take	VERB
cblr-1213	19	9	on	on	ADP
cblr-1213	19	10	the	the	DET
cblr-1213	19	11	challenge	challenge	NOUN
cblr-1213	19	12	of	of	ADP
cblr-1213	19	13	implementing	implement	VERB
cblr-1213	19	14	swing	swing	NOUN
cblr-1213	19	15	pricing	pricing	NOUN
cblr-1213	19	16	,	,	PUNCT
cblr-1213	19	17	and	and	CCONJ
cblr-1213	19	18	that	that	SCONJ
cblr-1213	19	19	market	market	NOUN
cblr-1213	19	20	incentives	incentive	NOUN
cblr-1213	19	21	will	will	AUX
cblr-1213	19	22	pave	pave	VERB
cblr-1213	19	23	the	the	DET
cblr-1213	19	24	way	way	NOUN
cblr-1213	19	25	.	.	PUNCT
cblr-1213	20	1	i.	i.	PROPN
cblr-1213	20	2	introduction	introduction	NOUN
cblr-1213	20	3	...............................................................	...............................................................	PUNCT
cblr-1213	20	4	132	132	NUM
cblr-1213	20	5	ii	ii	NOUN
cblr-1213	20	6	.	.	PUNCT
cblr-1213	20	7	mutual	mutual	ADJ
cblr-1213	20	8	funds	fund	NOUN
cblr-1213	20	9	,	,	PUNCT
cblr-1213	20	10	liquidity	liquidity	NOUN
cblr-1213	20	11	,	,	PUNCT
cblr-1213	20	12	and	and	CCONJ
cblr-1213	20	13	dilution	dilution	NOUN
cblr-1213	20	14	:	:	PUNCT
cblr-1213	20	15	a	a	DET
cblr-1213	20	16	primer	primer	NOUN
cblr-1213	20	17	....	....	PUNCT
cblr-1213	20	18	135	135	NUM
cblr-1213	20	19	a.	a.	NOUN
cblr-1213	20	20	liquidity	liquidity	NOUN
cblr-1213	20	21	,	,	PUNCT
cblr-1213	20	22	net	net	ADJ
cblr-1213	20	23	asset	asset	NOUN
cblr-1213	20	24	value	value	NOUN
cblr-1213	20	25	,	,	PUNCT
cblr-1213	20	26	and	and	CCONJ
cblr-1213	20	27	fund	fund	NOUN
cblr-1213	20	28	flows	flow	VERB
cblr-1213	20	29	.....	.....	PUNCT
cblr-1213	20	30	139	139	NUM
cblr-1213	20	31	b.	b.	NOUN
cblr-1213	20	32	defining	define	VERB
cblr-1213	20	33	dilution	dilution	NOUN
cblr-1213	20	34	.................................................	.................................................	PUNCT
cblr-1213	21	1	144	144	NUM
cblr-1213	21	2	iii	iii	NOUN
cblr-1213	21	3	.	.	PUNCT
cblr-1213	21	4	swing	swing	NOUN
cblr-1213	21	5	pricing	pricing	NOUN
cblr-1213	21	6	.............................................................	.............................................................	PUNCT
cblr-1213	21	7	148	148	NUM
cblr-1213	21	8	a.	a.	NOUN
cblr-1213	21	9	swing	swing	NOUN
cblr-1213	21	10	pricing	pricing	NOUN
cblr-1213	21	11	overview	overview	NOUN
cblr-1213	21	12	......................................	......................................	PUNCT
cblr-1213	21	13	148	148	NUM
cblr-1213	21	14	b.	b.	NOUN
cblr-1213	21	15	international	international	ADJ
cblr-1213	21	16	perspectives	perspective	NOUN
cblr-1213	21	17	on	on	ADP
cblr-1213	21	18	swing	swing	NOUN
cblr-1213	21	19	pricing	pricing	NOUN
cblr-1213	21	20	.....	.....	PUNCT
cblr-1213	21	21	149	149	NUM
cblr-1213	21	22	c.	c.	PROPN
cblr-1213	21	23	u.s	u.s	PROPN
cblr-1213	21	24	.	.	PROPN
cblr-1213	21	25	swing	swing	NOUN
cblr-1213	21	26	pricing	pricing	NOUN
cblr-1213	21	27	rules	rule	NOUN
cblr-1213	21	28	....................................	....................................	PUNCT
cblr-1213	21	29	150	150	NUM
cblr-1213	21	30	1	1	NUM
cblr-1213	21	31	.	.	PUNCT
cblr-1213	22	1	optional	optional	ADJ
cblr-1213	22	2	..........................................................	..........................................................	PUNCT
cblr-1213	22	3	151	151	NUM
cblr-1213	22	4	2	2	NUM
cblr-1213	22	5	.	.	PUNCT
cblr-1213	22	6	swing	swing	NOUN
cblr-1213	22	7	threshold	threshold	PROPN
cblr-1213	22	8	.............................................	.............................................	PUNCT
cblr-1213	23	1	152	152	NUM
cblr-1213	23	2	3	3	NUM
cblr-1213	23	3	.	.	PUNCT
cblr-1213	23	4	swing	swing	NOUN
cblr-1213	23	5	factor	factor	NOUN
cblr-1213	23	6	..................................................	..................................................	PUNCT
cblr-1213	23	7	155	155	NUM
cblr-1213	23	8	4	4	NUM
cblr-1213	23	9	.	.	PUNCT
cblr-1213	23	10	bod	bod	ADJ
cblr-1213	23	11	implementation	implementation	NOUN
cblr-1213	23	12	and	and	CCONJ
cblr-1213	23	13	oversight	oversight	NOUN
cblr-1213	23	14	.............	.............	PUNCT
cblr-1213	23	15	158	158	NUM
cblr-1213	23	16	a.	a.	NOUN
cblr-1213	23	17	operational	operational	ADJ
cblr-1213	23	18	accountability	accountability	NOUN
cblr-1213	23	19	......................	......................	PUNCT
cblr-1213	23	20	158	158	NUM
cblr-1213	23	21	b.	b.	PROPN
cblr-1213	23	22	board	board	PROPN
cblr-1213	23	23	accountability	accountability	NOUN
cblr-1213	23	24	&	&	CCONJ
cblr-1213	23	25	fiduciary	fiduciary	ADJ
cblr-1213	23	26	duty	duty	NOUN
cblr-1213	23	27	..	..	PUNCT
cblr-1213	23	28	159	159	NUM
cblr-1213	23	29	c.	c.	NOUN
cblr-1213	23	30	transparency	transparency	PROPN
cblr-1213	23	31	&	&	CCONJ
cblr-1213	23	32	shareholder	shareholder	NOUN
cblr-1213	23	33	disclosures	disclosure	VERB
cblr-1213	23	34	161	161	NUM
cblr-1213	23	35	iv	iv	NOUN
cblr-1213	23	36	.	.	PUNCT
cblr-1213	24	1	analysis	analysis	NOUN
cblr-1213	24	2	of	of	ADP
cblr-1213	24	3	swing	swing	NOUN
cblr-1213	24	4	pricing	pricing	NOUN
cblr-1213	24	5	comments	comment	NOUN
cblr-1213	24	6	&	&	CCONJ
cblr-1213	24	7	rule	rule	NOUN
cblr-1213	24	8	ramifications	ramification	NOUN
cblr-1213	24	9	.............................................................	.............................................................	PUNCT
cblr-1213	24	10	163	163	NUM
cblr-1213	24	11	a.	a.	NOUN
cblr-1213	24	12	benefits	benefit	NOUN
cblr-1213	24	13	................................................................	................................................................	PUNCT
cblr-1213	24	14	164	164	NUM
cblr-1213	24	15	b.	b.	NOUN
cblr-1213	24	16	swing	swing	NOUN
cblr-1213	24	17	pricing	pricing	NOUN
cblr-1213	24	18	obstacles	obstacle	NOUN
cblr-1213	24	19	......................................	......................................	PUNCT
cblr-1213	25	1	170	170	NUM
cblr-1213	25	2	1	1	X
cblr-1213	25	3	.	.	PUNCT
cblr-1213	25	4	operational	operational	ADJ
cblr-1213	25	5	challenges	challenge	NOUN
cblr-1213	25	6	..................................	..................................	PUNCT
cblr-1213	25	7	171	171	NUM
cblr-1213	25	8	a.	a.	NOUN
cblr-1213	25	9	mutual	mutual	ADJ
cblr-1213	25	10	fund	fund	NOUN
cblr-1213	25	11	data	data	PROPN
cblr-1213	25	12	&	&	CCONJ
cblr-1213	25	13	market	market	NOUN
cblr-1213	25	14	timing	timing	NOUN
cblr-1213	25	15	......	......	PUNCT
cblr-1213	26	1	172	172	NUM
cblr-1213	26	2	b.	b.	NOUN
cblr-1213	26	3	no	no	DET
cblr-1213	26	4	safe	safe	ADJ
cblr-1213	26	5	harbor	harbor	NOUN
cblr-1213	26	6	.........................................	.........................................	PUNCT
cblr-1213	26	7	177	177	NUM
cblr-1213	26	8	c.	c.	NOUN
cblr-1213	26	9	fund	fund	NOUN
cblr-1213	26	10	size	size	NOUN
cblr-1213	26	11	matters	matter	VERB
cblr-1213	26	12	....................................	....................................	PUNCT
cblr-1213	27	1	179	179	NUM
cblr-1213	27	2	d.	d.	NOUN
cblr-1213	27	3	a	a	DET
cblr-1213	27	4	possible	possible	ADJ
cblr-1213	27	5	path	path	NOUN
cblr-1213	27	6	forward	forward	ADV
cblr-1213	27	7	:	:	PUNCT
cblr-1213	27	8	block	block	NOUN
cblr-1213	27	9	chain	chain	NOUN
cblr-1213	27	10	technology	technology	NOUN
cblr-1213	27	11	................................................	................................................	PUNCT
cblr-1213	27	12	180	180	NUM
cblr-1213	27	13	2	2	NUM
cblr-1213	27	14	.	.	PUNCT
cblr-1213	27	15	conceptual	conceptual	ADJ
cblr-1213	27	16	challenges	challenge	NOUN
cblr-1213	27	17	...................................	...................................	PUNCT
cblr-1213	27	18	184	184	NUM
cblr-1213	27	19	a.	a.	NOUN
cblr-1213	27	20	volatility	volatility	NOUN
cblr-1213	27	21	&	&	CCONJ
cblr-1213	27	22	arbitrage	arbitrage	NOUN
cblr-1213	27	23	..............................	..............................	PUNCT
cblr-1213	27	24	184	184	NUM
cblr-1213	27	25	b.	b.	PROPN
cblr-1213	27	26	imperfect	imperfect	PROPN
cblr-1213	27	27	equalization	equalization	NOUN
cblr-1213	27	28	.............................	.............................	PUNCT
cblr-1213	27	29	188	188	NUM
cblr-1213	27	30	c.	c.	NOUN
cblr-1213	27	31	compliance	compliance	NOUN
cblr-1213	27	32	costs	cost	NOUN
cblr-1213	27	33	&	&	CCONJ
cblr-1213	27	34	priority	priority	NOUN
cblr-1213	27	35	....................	....................	PUNCT
cblr-1213	27	36	190	190	NUM
cblr-1213	27	37	v.	v.	ADP
cblr-1213	27	38	mutual	mutual	ADJ
cblr-1213	27	39	fund	fund	NOUN
cblr-1213	27	40	liquidity	liquidity	NOUN
cblr-1213	27	41	:	:	PUNCT
cblr-1213	27	42	existing	exist	VERB
cblr-1213	27	43	and	and	CCONJ
cblr-1213	27	44	considered	consider	VERB
cblr-1213	27	45	tools	tool	NOUN
cblr-1213	27	46	to	to	PART
cblr-1213	27	47	recoup	recoup	VERB
cblr-1213	27	48	&	&	CCONJ
cblr-1213	27	49	reduce	reduce	VERB
cblr-1213	27	50	costs	cost	NOUN
cblr-1213	27	51	.........................................	.........................................	PUNCT
cblr-1213	27	52	191	191	NUM
cblr-1213	27	53	a.	a.	NOUN
cblr-1213	27	54	purchase	purchase	NOUN
cblr-1213	27	55	and	and	CCONJ
cblr-1213	27	56	redemption	redemption	NOUN
cblr-1213	27	57	fees	fee	NOUN
cblr-1213	27	58	:	:	PUNCT
cblr-1213	27	59	overview	overview	NOUN
cblr-1213	27	60	&	&	CCONJ
cblr-1213	27	61	challenges	challenge	NOUN
cblr-1213	27	62	...........................................................	...........................................................	PUNCT
cblr-1213	27	63	192	192	NUM
cblr-1213	27	64	b.	b.	NOUN
cblr-1213	27	65	in	in	ADP
cblr-1213	27	66	-	-	PUNCT
cblr-1213	27	67	kind	kind	NOUN
cblr-1213	27	68	redemptions	redemption	NOUN
cblr-1213	27	69	:	:	PUNCT
cblr-1213	27	70	overview	overview	NOUN
cblr-1213	27	71	&	&	CCONJ
cblr-1213	27	72	challenges	challenge	NOUN
cblr-1213	27	73	..	..	PUNCT
cblr-1213	27	74	193	193	NUM
cblr-1213	27	75	c.	c.	NOUN
cblr-1213	27	76	a	a	DET
cblr-1213	27	77	considered	considered	ADJ
cblr-1213	27	78	alternative	alternative	NOUN
cblr-1213	27	79	:	:	PUNCT
cblr-1213	27	80	dual	dual	ADJ
cblr-1213	27	81	pricing	pricing	NOUN
cblr-1213	27	82	.............	.............	PUNCT
cblr-1213	28	1	196	196	NUM
cblr-1213	28	2	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	28	3	132	132	NUM
cblr-1213	28	4	columbia	columbia	PROPN
cblr-1213	28	5	business	business	NOUN
cblr-1213	28	6	law	law	PROPN
cblr-1213	28	7	review	review	NOUN
cblr-1213	28	8	[	[	X
cblr-1213	28	9	vol	vol	NOUN
cblr-1213	28	10	.	.	PUNCT
cblr-1213	28	11	2018	2018	NUM
cblr-1213	28	12	vi	vi	PROPN
cblr-1213	28	13	.	.	PROPN
cblr-1213	28	14	conclusion	conclusion	NOUN
cblr-1213	28	15	..................................................................	..................................................................	PUNCT
cblr-1213	28	16	198	198	NUM
cblr-1213	28	17	an	an	DET
cblr-1213	28	18	industry	industry	NOUN
cblr-1213	28	19	perspective	perspective	NOUN
cblr-1213	28	20	on	on	ADP
cblr-1213	28	21	swing	swing	NOUN
cblr-1213	28	22	pricing	pricing	NOUN
cblr-1213	28	23	...............	...............	PUNCT
cblr-1213	29	1	200	200	NUM
cblr-1213	29	2	an	an	DET
cblr-1213	29	3	academic	academic	ADJ
cblr-1213	29	4	perspective	perspective	NOUN
cblr-1213	29	5	on	on	ADP
cblr-1213	29	6	swing	swing	NOUN
cblr-1213	29	7	pricing	pricing	NOUN
cblr-1213	29	8	..............	..............	PUNCT
cblr-1213	29	9	203	203	NUM
cblr-1213	29	10	on	on	ADP
cblr-1213	29	11	this	this	PRON
cblr-1213	29	12	we	we	PRON
cblr-1213	29	13	can	can	AUX
cblr-1213	29	14	agree	agree	VERB
cblr-1213	29	15	..............................................	..............................................	PUNCT
cblr-1213	29	16	206	206	NUM
cblr-1213	29	17	appendix	appendix	NOUN
cblr-1213	29	18	..............................................................................	..............................................................................	PUNCT
cblr-1213	29	19	208	208	NUM
cblr-1213	29	20	federal	federal	ADJ
cblr-1213	29	21	legislation	legislation	NOUN
cblr-1213	29	22	....................................................	....................................................	PUNCT
cblr-1213	29	23	208	208	NUM
cblr-1213	29	24	sec	sec	PROPN
cblr-1213	29	25	rules	rule	NOUN
cblr-1213	29	26	..................................................................	..................................................................	PUNCT
cblr-1213	29	27	208	208	NUM
cblr-1213	29	28	other	other	ADJ
cblr-1213	29	29	agency	agency	NOUN
cblr-1213	29	30	rules	rule	NOUN
cblr-1213	29	31	...................................................	...................................................	PUNCT
cblr-1213	29	32	208	208	NUM
cblr-1213	29	33	i.	i.	NOUN
cblr-1213	29	34	introduction	introduction	NOUN
cblr-1213	29	35	most	most	ADJ
cblr-1213	29	36	of	of	ADP
cblr-1213	29	37	us	we	PRON
cblr-1213	29	38	envision	envision	VERB
cblr-1213	29	39	our	our	PRON
cblr-1213	29	40	sunset	sunset	NOUN
cblr-1213	29	41	years	year	NOUN
cblr-1213	29	42	involving	involve	VERB
cblr-1213	29	43	less	less	ADJ
cblr-1213	29	44	work	work	NOUN
cblr-1213	29	45	,	,	PUNCT
cblr-1213	29	46	more	more	ADJ
cblr-1213	29	47	leisure	leisure	NOUN
cblr-1213	29	48	,	,	PUNCT
cblr-1213	29	49	and	and	CCONJ
cblr-1213	29	50	maybe	maybe	ADV
cblr-1213	29	51	even	even	ADV
cblr-1213	29	52	a	a	DET
cblr-1213	29	53	warmer	warm	ADJ
cblr-1213	29	54	climate	climate	NOUN
cblr-1213	29	55	.	.	PUNCT
cblr-1213	30	1	retirement	retirement	NOUN
cblr-1213	30	2	requires	require	VERB
cblr-1213	30	3	saving	save	VERB
cblr-1213	30	4	today	today	NOUN
cblr-1213	30	5	for	for	ADP
cblr-1213	30	6	tomorrow	tomorrow	NOUN
cblr-1213	30	7	’s	’s	PART
cblr-1213	30	8	time	time	NOUN
cblr-1213	30	9	off	off	ADP
cblr-1213	30	10	.	.	PUNCT
cblr-1213	31	1	the	the	DET
cblr-1213	31	2	way	way	NOUN
cblr-1213	31	3	that	that	PRON
cblr-1213	31	4	most	most	ADJ
cblr-1213	31	5	working	working	ADJ
cblr-1213	31	6	americans	americans	PROPN
cblr-1213	31	7	save	save	VERB
cblr-1213	31	8	for	for	ADP
cblr-1213	31	9	retirement	retirement	NOUN
cblr-1213	31	10	is	be	AUX
cblr-1213	31	11	through	through	ADP
cblr-1213	31	12	mutual	mutual	ADJ
cblr-1213	31	13	funds	fund	NOUN
cblr-1213	31	14	available	available	ADJ
cblr-1213	31	15	through	through	ADP
cblr-1213	31	16	an	an	DET
cblr-1213	31	17	employer	employer	NOUN
cblr-1213	31	18	-	-	PUNCT
cblr-1213	31	19	sponsored	sponsor	VERB
cblr-1213	31	20	plan	plan	NOUN
cblr-1213	31	21	or	or	CCONJ
cblr-1213	31	22	an	an	DET
cblr-1213	31	23	individual	individual	ADJ
cblr-1213	31	24	retirement	retirement	NOUN
cblr-1213	31	25	account	account	NOUN
cblr-1213	31	26	.	.	PUNCT
cblr-1213	32	1	retirement	retirement	NOUN
cblr-1213	32	2	savings	saving	NOUN
cblr-1213	32	3	fueled	fuel	VERB
cblr-1213	32	4	mutual	mutual	ADJ
cblr-1213	32	5	fund	fund	NOUN
cblr-1213	32	6	growth	growth	NOUN
cblr-1213	32	7	with	with	ADP
cblr-1213	32	8	combined	combined	ADJ
cblr-1213	32	9	assets	asset	NOUN
cblr-1213	32	10	of	of	ADP
cblr-1213	32	11	$	$	SYM
cblr-1213	32	12	18.9	18.9	NUM
cblr-1213	32	13	trillion	trillion	NUM
cblr-1213	32	14	at	at	ADP
cblr-1213	32	15	year	year	NOUN
cblr-1213	32	16	-	-	PUNCT
cblr-1213	32	17	end	end	NOUN
cblr-1213	32	18	2016.1	2016.1	NUM
cblr-1213	32	19	retirement	retirement	NOUN
cblr-1213	32	20	investors	investor	NOUN
cblr-1213	32	21	—	—	PUNCT
cblr-1213	32	22	meaning	mean	VERB
cblr-1213	32	23	any	any	DET
cblr-1213	32	24	worker	worker	NOUN
cblr-1213	32	25	of	of	ADP
cblr-1213	32	26	any	any	DET
cblr-1213	32	27	age	age	NOUN
cblr-1213	32	28	setting	set	VERB
cblr-1213	32	29	aside	aside	ADV
cblr-1213	32	30	some	some	PRON
cblr-1213	32	31	of	of	ADP
cblr-1213	32	32	their	their	PRON
cblr-1213	32	33	paycheck	paycheck	NOUN
cblr-1213	32	34	for	for	ADP
cblr-1213	32	35	retirement	retirement	NOUN
cblr-1213	32	36	savings	saving	NOUN
cblr-1213	32	37	—	—	PUNCT
cblr-1213	32	38	are	be	AUX
cblr-1213	32	39	encouraged	encourage	VERB
cblr-1213	32	40	to	to	PART
cblr-1213	32	41	set	set	VERB
cblr-1213	32	42	an	an	DET
cblr-1213	32	43	automated	automate	VERB
cblr-1213	32	44	contribution	contribution	NOUN
cblr-1213	32	45	at	at	ADP
cblr-1213	32	46	the	the	DET
cblr-1213	32	47	time	time	NOUN
cblr-1213	32	48	of	of	ADP
cblr-1213	32	49	employment	employment	NOUN
cblr-1213	32	50	and	and	CCONJ
cblr-1213	32	51	pick	pick	VERB
cblr-1213	32	52	their	their	PRON
cblr-1213	32	53	funds	fund	NOUN
cblr-1213	32	54	(	(	PUNCT
cblr-1213	32	55	i.e.	i.e.	X
cblr-1213	32	56	,	,	PUNCT
cblr-1213	32	57	allocate	allocate	VERB
cblr-1213	32	58	their	their	PRON
cblr-1213	32	59	assets	asset	NOUN
cblr-1213	32	60	)	)	PUNCT
cblr-1213	32	61	.	.	PUNCT
cblr-1213	33	1	once	once	ADV
cblr-1213	33	2	set	set	VERB
cblr-1213	33	3	,	,	PUNCT
cblr-1213	33	4	many	many	ADJ
cblr-1213	33	5	retirement	retirement	NOUN
cblr-1213	33	6	investors	investor	NOUN
cblr-1213	33	7	do	do	AUX
cblr-1213	33	8	not	not	PART
cblr-1213	33	9	change	change	VERB
cblr-1213	33	10	their	their	PRON
cblr-1213	33	11	initial	initial	ADJ
cblr-1213	33	12	asset	asset	NOUN
cblr-1213	33	13	allocation	allocation	NOUN
cblr-1213	33	14	but	but	CCONJ
cblr-1213	33	15	instead	instead	ADV
cblr-1213	33	16	stay	stay	VERB
cblr-1213	33	17	in	in	ADP
cblr-1213	33	18	the	the	DET
cblr-1213	33	19	same	same	ADJ
cblr-1213	33	20	fund	fund	NOUN
cblr-1213	33	21	,	,	PUNCT
cblr-1213	33	22	earning	earn	VERB
cblr-1213	33	23	them	they	PRON
cblr-1213	33	24	the	the	DET
cblr-1213	33	25	label	label	NOUN
cblr-1213	33	26	“	"	PUNCT
cblr-1213	33	27	sedentary	sedentary	ADJ
cblr-1213	33	28	.	.	PUNCT
cblr-1213	33	29	”2	”2	PUNCT
cblr-1213	33	30	consider	consider	VERB
cblr-1213	33	31	that	that	SCONJ
cblr-1213	33	32	1	1	NUM
cblr-1213	33	33	inv	inv	VERB
cblr-1213	33	34	.	.	PUNCT
cblr-1213	33	35	co.	co.	PROPN
cblr-1213	33	36	inst	inst	PROPN
cblr-1213	33	37	.	.	PROPN
cblr-1213	33	38	,	,	PUNCT
cblr-1213	33	39	2017	2017	NUM
cblr-1213	33	40	investment	investment	NOUN
cblr-1213	33	41	company	company	NOUN
cblr-1213	33	42	fact	fact	NOUN
cblr-1213	33	43	book	book	NOUN
cblr-1213	33	44	10–11	10–11	NUM
cblr-1213	33	45	(	(	PUNCT
cblr-1213	33	46	2017	2017	NUM
cblr-1213	33	47	)	)	PUNCT
cblr-1213	33	48	,	,	PUNCT
cblr-1213	33	49	https://www.icifactbook.org/deployedfiles/factbook/site%20properties/pdf/	https://www.icifactbook.org/deployedfiles/factbook/site%20properties/pdf/	NOUN
cblr-1213	33	50	2017/2017_factbook.pdf	2017/2017_factbook.pdf	NUM
cblr-1213	33	51	[	[	X
cblr-1213	33	52	perma.cc/8nlb-njht	perma.cc/8nlb-njht	X
cblr-1213	33	53	]	]	X
cblr-1213	33	54	(	(	PUNCT
cblr-1213	33	55	noting	note	VERB
cblr-1213	33	56	that	that	SCONJ
cblr-1213	33	57	households	household	NOUN
cblr-1213	33	58	make	make	VERB
cblr-1213	33	59	up	up	ADP
cblr-1213	33	60	the	the	DET
cblr-1213	33	61	largest	large	ADJ
cblr-1213	33	62	group	group	NOUN
cblr-1213	33	63	of	of	ADP
cblr-1213	33	64	mutual	mutual	ADJ
cblr-1213	33	65	fund	fund	NOUN
cblr-1213	33	66	investors	investor	NOUN
cblr-1213	33	67	and	and	CCONJ
cblr-1213	33	68	that	that	SCONJ
cblr-1213	33	69	registered	register	VERB
cblr-1213	33	70	investment	investment	NOUN
cblr-1213	33	71	companies	company	NOUN
cblr-1213	33	72	managed	manage	VERB
cblr-1213	33	73	twenty	twenty	NUM
cblr-1213	33	74	-	-	PUNCT
cblr-1213	33	75	two	two	NUM
cblr-1213	33	76	percent	percent	NOUN
cblr-1213	33	77	of	of	ADP
cblr-1213	33	78	household	household	NOUN
cblr-1213	33	79	financial	financial	ADJ
cblr-1213	33	80	assets	asset	NOUN
cblr-1213	33	81	,	,	PUNCT
cblr-1213	33	82	a	a	DET
cblr-1213	33	83	significantly	significantly	ADV
cblr-1213	33	84	increased	increase	VERB
cblr-1213	33	85	figure	figure	NOUN
cblr-1213	33	86	over	over	ADP
cblr-1213	33	87	the	the	DET
cblr-1213	33	88	last	last	ADJ
cblr-1213	33	89	several	several	ADJ
cblr-1213	33	90	decades	decade	NOUN
cblr-1213	33	91	due	due	ADP
cblr-1213	33	92	to	to	ADP
cblr-1213	33	93	the	the	DET
cblr-1213	33	94	change	change	NOUN
cblr-1213	33	95	in	in	ADP
cblr-1213	33	96	retirement	retirement	NOUN
cblr-1213	33	97	saving	saving	NOUN
cblr-1213	33	98	structures	structure	NOUN
cblr-1213	33	99	)	)	PUNCT
cblr-1213	33	100	.	.	PUNCT
cblr-1213	34	1	2	2	NUM
cblr-1213	34	2	retirement	retirement	NOUN
cblr-1213	34	3	investors	investor	NOUN
cblr-1213	34	4	often	often	ADV
cblr-1213	34	5	unwittingly	unwittingly	ADV
cblr-1213	34	6	violate	violate	VERB
cblr-1213	34	7	financial	financial	ADJ
cblr-1213	34	8	planning	planning	NOUN
cblr-1213	34	9	rules	rule	NOUN
cblr-1213	34	10	,	,	PUNCT
cblr-1213	34	11	but	but	CCONJ
cblr-1213	34	12	they	they	PRON
cblr-1213	34	13	do	do	AUX
cblr-1213	34	14	tend	tend	VERB
cblr-1213	34	15	to	to	PART
cblr-1213	34	16	adhere	adhere	VERB
cblr-1213	34	17	to	to	ADP
cblr-1213	34	18	one	one	NUM
cblr-1213	34	19	rule	rule	NOUN
cblr-1213	34	20	:	:	PUNCT
cblr-1213	34	21	they	they	PRON
cblr-1213	34	22	are	be	AUX
cblr-1213	34	23	long	long	ADJ
cblr-1213	34	24	-	-	PUNCT
cblr-1213	34	25	term	term	NOUN
cblr-1213	34	26	investors	investor	NOUN
cblr-1213	34	27	.	.	PUNCT
cblr-1213	35	1	rebalancing	rebalance	VERB
cblr-1213	35	2	asset	asset	NOUN
cblr-1213	35	3	allocations	allocation	NOUN
cblr-1213	35	4	within	within	ADP
cblr-1213	35	5	an	an	DET
cblr-1213	35	6	account	account	NOUN
cblr-1213	35	7	,	,	PUNCT
cblr-1213	35	8	reviewing	review	VERB
cblr-1213	35	9	plan	plan	NOUN
cblr-1213	35	10	options	option	NOUN
cblr-1213	35	11	for	for	ADP
cblr-1213	35	12	low	low	ADJ
cblr-1213	35	13	-	-	PUNCT
cblr-1213	35	14	fee	fee	NOUN
cblr-1213	35	15	investments	investment	NOUN
cblr-1213	35	16	,	,	PUNCT
cblr-1213	35	17	and	and	CCONJ
cblr-1213	35	18	updating	update	VERB
cblr-1213	35	19	asset	asset	NOUN
cblr-1213	35	20	allocations	allocation	NOUN
cblr-1213	35	21	to	to	PART
cblr-1213	35	22	reflect	reflect	VERB
cblr-1213	35	23	shifting	shift	VERB
cblr-1213	35	24	risk	risk	NOUN
cblr-1213	35	25	tolerance	tolerance	NOUN
cblr-1213	35	26	/	/	SYM
cblr-1213	35	27	profiles	profile	NOUN
cblr-1213	35	28	consistent	consistent	ADJ
cblr-1213	35	29	with	with	ADP
cblr-1213	35	30	an	an	DET
cblr-1213	35	31	investor	investor	NOUN
cblr-1213	35	32	’s	’s	PART
cblr-1213	35	33	retirement	retirement	NOUN
cblr-1213	35	34	age	age	NOUN
cblr-1213	35	35	are	be	AUX
cblr-1213	35	36	just	just	ADV
cblr-1213	35	37	a	a	DET
cblr-1213	35	38	few	few	ADJ
cblr-1213	35	39	of	of	ADP
cblr-1213	35	40	the	the	DET
cblr-1213	35	41	financial	financial	ADJ
cblr-1213	35	42	planning	planning	NOUN
cblr-1213	35	43	best	good	ADJ
cblr-1213	35	44	practices	practice	NOUN
cblr-1213	35	45	violated	violate	VERB
cblr-1213	35	46	by	by	ADP
cblr-1213	35	47	the	the	DET
cblr-1213	35	48	‘	'	PUNCT
cblr-1213	35	49	set	set	VERB
cblr-1213	35	50	it	it	PRON
cblr-1213	35	51	and	and	CCONJ
cblr-1213	35	52	forget	forget	VERB
cblr-1213	35	53	it	it	PRON
cblr-1213	35	54	’	'	PUNCT
cblr-1213	35	55	model	model	NOUN
cblr-1213	35	56	.	.	PUNCT
cblr-1213	36	1	for	for	ADP
cblr-1213	36	2	a	a	DET
cblr-1213	36	3	discussion	discussion	NOUN
cblr-1213	36	4	of	of	ADP
cblr-1213	36	5	common	common	ADJ
cblr-1213	36	6	investor	investor	NOUN
cblr-1213	36	7	mistakes	mistake	NOUN
cblr-1213	36	8	,	,	PUNCT
cblr-1213	36	9	see	see	VERB
cblr-1213	36	10	fed	fed	PROPN
cblr-1213	36	11	.	.	PUNCT
cblr-1213	37	1	research	research	NOUN
cblr-1213	37	2	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	37	3	no	no	NOUN
cblr-1213	37	4	.	.	PUNCT
cblr-1213	38	1	1:130	1:130	NUM
cblr-1213	38	2	]	]	X
cblr-1213	38	3	will	will	AUX
cblr-1213	38	4	swing	swing	VERB
cblr-1213	38	5	pricing	pricing	NOUN
cblr-1213	38	6	save	save	VERB
cblr-1213	38	7	sedentary	sedentary	ADJ
cblr-1213	38	8	shareholders	shareholder	NOUN
cblr-1213	38	9	?	?	PUNCT
cblr-1213	39	1	133	133	NUM
cblr-1213	39	2	just	just	ADV
cblr-1213	39	3	over	over	ADP
cblr-1213	39	4	5	5	NUM
cblr-1213	39	5	%	%	NOUN
cblr-1213	39	6	of	of	ADP
cblr-1213	39	7	retirement	retirement	NOUN
cblr-1213	39	8	investors	investor	NOUN
cblr-1213	39	9	changed	change	VERB
cblr-1213	39	10	their	their	PRON
cblr-1213	39	11	investment	investment	NOUN
cblr-1213	39	12	choices	choice	NOUN
cblr-1213	39	13	in	in	ADP
cblr-1213	39	14	2016	2016	NUM
cblr-1213	39	15	,	,	PUNCT
cblr-1213	39	16	meaning	mean	VERB
cblr-1213	39	17	that	that	SCONJ
cblr-1213	39	18	95	95	NUM
cblr-1213	39	19	%	%	NOUN
cblr-1213	39	20	did	do	VERB
cblr-1213	39	21	not.3	not.3	PROPN
cblr-1213	39	22	there	there	PRON
cblr-1213	39	23	may	may	AUX
cblr-1213	39	24	be	be	AUX
cblr-1213	39	25	a	a	DET
cblr-1213	39	26	hidden	hidden	ADJ
cblr-1213	39	27	cost	cost	NOUN
cblr-1213	39	28	to	to	ADP
cblr-1213	39	29	setting	set	VERB
cblr-1213	39	30	investments	investment	NOUN
cblr-1213	39	31	and	and	CCONJ
cblr-1213	39	32	forgetting	forget	VERB
cblr-1213	39	33	about	about	ADP
cblr-1213	39	34	them	they	PRON
cblr-1213	39	35	.	.	PUNCT
cblr-1213	40	1	long	long	ADJ
cblr-1213	40	2	-	-	PUNCT
cblr-1213	40	3	term	term	NOUN
cblr-1213	40	4	,	,	PUNCT
cblr-1213	40	5	sedentary	sedentary	ADJ
cblr-1213	40	6	shareholders	shareholder	NOUN
cblr-1213	40	7	who	who	PRON
cblr-1213	40	8	stay	stay	VERB
cblr-1213	40	9	in	in	ADP
cblr-1213	40	10	a	a	DET
cblr-1213	40	11	fund	fund	NOUN
cblr-1213	40	12	may	may	AUX
cblr-1213	40	13	be	be	AUX
cblr-1213	40	14	subsidizing	subsidize	VERB
cblr-1213	40	15	the	the	DET
cblr-1213	40	16	activity	activity	NOUN
cblr-1213	40	17	of	of	ADP
cblr-1213	40	18	other	other	ADJ
cblr-1213	40	19	investors	investor	NOUN
cblr-1213	40	20	who	who	PRON
cblr-1213	40	21	are	be	AUX
cblr-1213	40	22	entering	enter	VERB
cblr-1213	40	23	or	or	CCONJ
cblr-1213	40	24	exiting	exit	VERB
cblr-1213	40	25	the	the	DET
cblr-1213	40	26	fund	fund	NOUN
cblr-1213	40	27	.	.	PUNCT
cblr-1213	41	1	the	the	DET
cblr-1213	41	2	subsidy	subsidy	NOUN
cblr-1213	41	3	paid	pay	VERB
cblr-1213	41	4	by	by	ADP
cblr-1213	41	5	sedentary	sedentary	ADJ
cblr-1213	41	6	investors	investor	NOUN
cblr-1213	41	7	,	,	PUNCT
cblr-1213	41	8	if	if	SCONJ
cblr-1213	41	9	incurred	incur	VERB
cblr-1213	41	10	,	,	PUNCT
cblr-1213	41	11	is	be	AUX
cblr-1213	41	12	relatively	relatively	ADV
cblr-1213	41	13	little	little	ADJ
cblr-1213	41	14	—	—	PUNCT
cblr-1213	41	15	a	a	DET
cblr-1213	41	16	fraction	fraction	NOUN
cblr-1213	41	17	of	of	ADP
cblr-1213	41	18	transaction	transaction	NOUN
cblr-1213	41	19	costs	cost	NOUN
cblr-1213	41	20	each	each	DET
cblr-1213	41	21	day	day	NOUN
cblr-1213	41	22	.	.	PUNCT
cblr-1213	42	1	the	the	DET
cblr-1213	42	2	fractional	fractional	ADJ
cblr-1213	42	3	costs	cost	NOUN
cblr-1213	42	4	compounded	compound	VERB
cblr-1213	42	5	over	over	ADP
cblr-1213	42	6	thirty	thirty	NUM
cblr-1213	42	7	years	year	NOUN
cblr-1213	42	8	and	and	CCONJ
cblr-1213	42	9	aggregated	aggregate	VERB
cblr-1213	42	10	across	across	ADP
cblr-1213	42	11	the	the	DET
cblr-1213	42	12	retirement	retirement	NOUN
cblr-1213	42	13	system	system	NOUN
cblr-1213	42	14	,	,	PUNCT
cblr-1213	42	15	however	however	ADV
cblr-1213	42	16	,	,	PUNCT
cblr-1213	42	17	pose	pose	VERB
cblr-1213	42	18	significant	significant	ADJ
cblr-1213	42	19	costs	cost	NOUN
cblr-1213	42	20	in	in	ADP
cblr-1213	42	21	absolute	absolute	ADJ
cblr-1213	42	22	terms	term	NOUN
cblr-1213	42	23	:	:	PUNCT
cblr-1213	42	24	estimates	estimate	NOUN
cblr-1213	42	25	range	range	VERB
cblr-1213	42	26	from	from	ADP
cblr-1213	42	27	$	$	SYM
cblr-1213	42	28	10–17	10–17	NUM
cblr-1213	42	29	billion	billion	NUM
cblr-1213	42	30	annually	annually	ADV
cblr-1213	42	31	.	.	PUNCT
cblr-1213	43	1	the	the	DET
cblr-1213	43	2	u.s	u.s	PROPN
cblr-1213	43	3	.	.	PROPN
cblr-1213	43	4	securities	securities	PROPN
cblr-1213	43	5	and	and	CCONJ
cblr-1213	43	6	exchange	exchange	PROPN
cblr-1213	43	7	commission	commission	PROPN
cblr-1213	43	8	’s	’s	PART
cblr-1213	43	9	(	(	PUNCT
cblr-1213	43	10	“	"	PUNCT
cblr-1213	43	11	sec	sec	PROPN
cblr-1213	43	12	”	"	PUNCT
cblr-1213	43	13	)	)	PUNCT
cblr-1213	43	14	swing	swing	NOUN
cblr-1213	43	15	pricing	pricing	NOUN
cblr-1213	43	16	rules	rule	NOUN
cblr-1213	43	17	target	target	VERB
cblr-1213	43	18	this	this	DET
cblr-1213	43	19	slow	slow	ADJ
cblr-1213	43	20	leak	leak	NOUN
cblr-1213	43	21	of	of	ADP
cblr-1213	43	22	retirement	retirement	NOUN
cblr-1213	43	23	savings	saving	NOUN
cblr-1213	43	24	,	,	PUNCT
cblr-1213	43	25	known	know	VERB
cblr-1213	43	26	as	as	ADP
cblr-1213	43	27	asset	asset	NOUN
cblr-1213	43	28	dilution	dilution	NOUN
cblr-1213	43	29	.	.	PUNCT
cblr-1213	44	1	in	in	ADP
cblr-1213	44	2	october	october	PROPN
cblr-1213	44	3	2016	2016	NUM
cblr-1213	44	4	,	,	PUNCT
cblr-1213	44	5	the	the	DET
cblr-1213	44	6	sec	sec	PROPN
cblr-1213	44	7	adopted	adopt	VERB
cblr-1213	44	8	the	the	DET
cblr-1213	44	9	liquidity	liquidity	NOUN
cblr-1213	44	10	rules.4	rules.4	PROPN
cblr-1213	44	11	as	as	ADP
cblr-1213	44	12	a	a	DET
cblr-1213	44	13	part	part	NOUN
cblr-1213	44	14	of	of	ADP
cblr-1213	44	15	the	the	DET
cblr-1213	44	16	new	new	ADJ
cblr-1213	44	17	rules	rule	NOUN
cblr-1213	44	18	—	—	PUNCT
cblr-1213	44	19	to	to	PART
cblr-1213	44	20	be	be	AUX
cblr-1213	44	21	effective	effective	ADJ
cblr-1213	44	22	in	in	ADP
cblr-1213	44	23	november	november	PROPN
cblr-1213	44	24	2018	2018	NUM
cblr-1213	44	25	—	—	PUNCT
cblr-1213	44	26	div	div	PROPN
cblr-1213	44	27	.	.	PROPN
cblr-1213	44	28	,	,	PUNCT
cblr-1213	44	29	library	library	NOUN
cblr-1213	44	30	of	of	ADP
cblr-1213	44	31	cong	cong	PROPN
cblr-1213	44	32	.	.	PUNCT
cblr-1213	45	1	,	,	PUNCT
cblr-1213	45	2	behavioral	behavioral	ADJ
cblr-1213	45	3	patterns	pattern	NOUN
cblr-1213	45	4	and	and	CCONJ
cblr-1213	45	5	pitfalls	pitfall	NOUN
cblr-1213	45	6	of	of	ADP
cblr-1213	45	7	u.s	u.s	PROPN
cblr-1213	45	8	.	.	PROPN
cblr-1213	45	9	investors	investor	NOUN
cblr-1213	45	10	7–14	7–14	PROPN
cblr-1213	45	11	(	(	PUNCT
cblr-1213	45	12	2010	2010	NUM
cblr-1213	45	13	)	)	PUNCT
cblr-1213	45	14	,	,	PUNCT
cblr-1213	45	15	https://www.sec.gov/investor/locinvestorbehaviorreport.pdf	https://www.sec.gov/investor/locinvestorbehaviorreport.pdf	PROPN
cblr-1213	45	16	[	[	X
cblr-1213	45	17	perma.cc/u3lq-rxfd	perma.cc/u3lq-rxfd	X
cblr-1213	45	18	]	]	X
cblr-1213	45	19	(	(	PUNCT
cblr-1213	45	20	discussing	discuss	VERB
cblr-1213	45	21	investor	investor	NOUN
cblr-1213	45	22	mistakes	mistake	NOUN
cblr-1213	45	23	)	)	PUNCT
cblr-1213	45	24	.	.	PUNCT
cblr-1213	46	1	see	see	VERB
cblr-1213	46	2	also	also	ADV
cblr-1213	46	3	jill	jill	PROPN
cblr-1213	46	4	e.	e.	PROPN
cblr-1213	46	5	fisch	fisch	PROPN
cblr-1213	46	6	&	&	CCONJ
cblr-1213	46	7	tess	tess	PROPN
cblr-1213	46	8	wilkinson	wilkinson	PROPN
cblr-1213	46	9	-	-	PUNCT
cblr-1213	46	10	ryan	ryan	PROPN
cblr-1213	46	11	,	,	PUNCT
cblr-1213	46	12	why	why	SCONJ
cblr-1213	46	13	do	do	AUX
cblr-1213	46	14	retail	retail	ADJ
cblr-1213	46	15	investors	investor	NOUN
cblr-1213	46	16	make	make	VERB
cblr-1213	46	17	costly	costly	ADJ
cblr-1213	46	18	mistakes	mistake	NOUN
cblr-1213	46	19	?	?	PUNCT
cblr-1213	47	1	an	an	DET
cblr-1213	47	2	experiment	experiment	NOUN
cblr-1213	47	3	on	on	ADP
cblr-1213	47	4	mutual	mutual	ADJ
cblr-1213	47	5	fund	fund	NOUN
cblr-1213	47	6	choice	choice	NOUN
cblr-1213	47	7	,	,	PUNCT
cblr-1213	47	8	162	162	NUM
cblr-1213	47	9	u.	u.	PROPN
cblr-1213	47	10	pa	pa	PROPN
cblr-1213	47	11	.	.	PUNCT
cblr-1213	47	12	l.	l.	PROPN
cblr-1213	47	13	rev	rev	PROPN
cblr-1213	47	14	.	.	PROPN
cblr-1213	47	15	605	605	NUM
cblr-1213	47	16	,	,	PUNCT
cblr-1213	47	17	620–26	620–26	NUM
cblr-1213	47	18	(	(	PUNCT
cblr-1213	47	19	2014	2014	NUM
cblr-1213	47	20	)	)	PUNCT
cblr-1213	47	21	(	(	PUNCT
cblr-1213	47	22	summarizing	summarize	VERB
cblr-1213	47	23	literature	literature	NOUN
cblr-1213	47	24	on	on	ADP
cblr-1213	47	25	investor	investor	NOUN
cblr-1213	47	26	mistakes	mistake	NOUN
cblr-1213	47	27	)	)	PUNCT
cblr-1213	47	28	.	.	PUNCT
cblr-1213	48	1	3	3	NUM
cblr-1213	48	2	for	for	ADP
cblr-1213	48	3	evidence	evidence	NOUN
cblr-1213	48	4	of	of	ADP
cblr-1213	48	5	investors	investor	NOUN
cblr-1213	48	6	’	’	PART
cblr-1213	48	7	preference	preference	NOUN
cblr-1213	48	8	to	to	PART
cblr-1213	48	9	set	set	VERB
cblr-1213	48	10	investment	investment	NOUN
cblr-1213	48	11	accounts	account	NOUN
cblr-1213	49	1	and	and	CCONJ
cblr-1213	49	2	then	then	ADV
cblr-1213	49	3	forget	forget	VERB
cblr-1213	49	4	them	they	PRON
cblr-1213	49	5	,	,	PUNCT
cblr-1213	49	6	consider	consider	VERB
cblr-1213	49	7	2016	2016	NUM
cblr-1213	49	8	data	datum	NOUN
cblr-1213	49	9	collected	collect	VERB
cblr-1213	49	10	by	by	ADP
cblr-1213	49	11	the	the	DET
cblr-1213	49	12	investment	investment	NOUN
cblr-1213	49	13	company	company	NOUN
cblr-1213	49	14	institute	institute	NOUN
cblr-1213	49	15	(	(	PUNCT
cblr-1213	49	16	the	the	DET
cblr-1213	49	17	“	"	PUNCT
cblr-1213	49	18	ici	ici	NOUN
cblr-1213	49	19	”	"	PUNCT
cblr-1213	49	20	)	)	PUNCT
cblr-1213	49	21	from	from	ADP
cblr-1213	49	22	twenty	twenty	NUM
cblr-1213	49	23	-	-	PUNCT
cblr-1213	49	24	nine	nine	NUM
cblr-1213	49	25	million	million	NUM
cblr-1213	49	26	employer	employer	NOUN
cblr-1213	49	27	-	-	PUNCT
cblr-1213	49	28	based	base	VERB
cblr-1213	49	29	defined	define	VERB
cblr-1213	49	30	contribution	contribution	NOUN
cblr-1213	49	31	retirement	retirement	NOUN
cblr-1213	49	32	accounts	account	NOUN
cblr-1213	49	33	,	,	PUNCT
cblr-1213	49	34	which	which	PRON
cblr-1213	49	35	shows	show	VERB
cblr-1213	49	36	that	that	SCONJ
cblr-1213	49	37	only	only	ADV
cblr-1213	49	38	5.6	5.6	NUM
cblr-1213	49	39	%	%	NOUN
cblr-1213	49	40	of	of	ADP
cblr-1213	49	41	participations	participation	NOUN
cblr-1213	49	42	changed	change	VERB
cblr-1213	49	43	the	the	DET
cblr-1213	49	44	asset	asset	NOUN
cblr-1213	49	45	allocation	allocation	NOUN
cblr-1213	49	46	of	of	ADP
cblr-1213	49	47	their	their	PRON
cblr-1213	49	48	contributions	contribution	NOUN
cblr-1213	49	49	and	and	CCONJ
cblr-1213	49	50	9.4	9.4	NUM
cblr-1213	49	51	%	%	NOUN
cblr-1213	49	52	rebalanced	rebalance	VERB
cblr-1213	49	53	their	their	PRON
cblr-1213	49	54	existing	exist	VERB
cblr-1213	49	55	allocations	allocation	NOUN
cblr-1213	49	56	.	.	PUNCT
cblr-1213	50	1	sarah	sarah	PROPN
cblr-1213	50	2	holden	holden	PROPN
cblr-1213	50	3	&	&	CCONJ
cblr-1213	50	4	daniel	daniel	PROPN
cblr-1213	50	5	schrass	schrass	PROPN
cblr-1213	50	6	,	,	PUNCT
cblr-1213	50	7	inv	inv	PROPN
cblr-1213	50	8	.	.	PUNCT
cblr-1213	50	9	co.	co.	PROPN
cblr-1213	50	10	inst	inst	PROPN
cblr-1213	50	11	.	.	PROPN
cblr-1213	50	12	,	,	PUNCT
cblr-1213	50	13	defined	define	VERB
cblr-1213	50	14	contribution	contribution	NOUN
cblr-1213	50	15	plan	plan	NOUN
cblr-1213	50	16	participants	participant	NOUN
cblr-1213	50	17	’	'	PUNCT
cblr-1213	50	18	activities	activity	NOUN
cblr-1213	50	19	,	,	PUNCT
cblr-1213	50	20	2016	2016	NUM
cblr-1213	50	21	,	,	PUNCT
cblr-1213	50	22	at	at	ADP
cblr-1213	50	23	5	5	NUM
cblr-1213	50	24	(	(	PUNCT
cblr-1213	50	25	2017	2017	NUM
cblr-1213	50	26	)	)	PUNCT
cblr-1213	50	27	,	,	PUNCT
cblr-1213	50	28	https://www.ici.org/pdf/ppr_16_rec_survey_q4.pdf	https://www.ici.org/pdf/ppr_16_rec_survey_q4.pdf	PROPN
cblr-1213	51	1	[	[	X
cblr-1213	51	2	perma.cc/957u-h54l	perma.cc/957u-h54l	X
cblr-1213	51	3	]	]	PUNCT
cblr-1213	51	4	.	.	PUNCT
cblr-1213	52	1	one	one	NUM
cblr-1213	52	2	exception	exception	NOUN
cblr-1213	52	3	to	to	ADP
cblr-1213	52	4	this	this	DET
cblr-1213	52	5	observation	observation	NOUN
cblr-1213	52	6	is	be	AUX
cblr-1213	52	7	target	target	NOUN
cblr-1213	52	8	date	date	NOUN
cblr-1213	52	9	funds	fund	NOUN
cblr-1213	52	10	,	,	PUNCT
cblr-1213	52	11	where	where	SCONJ
cblr-1213	52	12	investors	investor	NOUN
cblr-1213	52	13	select	select	VERB
cblr-1213	52	14	the	the	DET
cblr-1213	52	15	fund	fund	NOUN
cblr-1213	52	16	based	base	VERB
cblr-1213	52	17	on	on	ADP
cblr-1213	52	18	their	their	PRON
cblr-1213	52	19	target	target	NOUN
cblr-1213	52	20	date	date	NOUN
cblr-1213	52	21	of	of	ADP
cblr-1213	52	22	retirement	retirement	NOUN
cblr-1213	52	23	.	.	PUNCT
cblr-1213	53	1	because	because	SCONJ
cblr-1213	53	2	the	the	DET
cblr-1213	53	3	fund	fund	NOUN
cblr-1213	53	4	rebalances	rebalance	VERB
cblr-1213	53	5	automatically	automatically	ADV
cblr-1213	53	6	each	each	DET
cblr-1213	53	7	year	year	NOUN
cblr-1213	53	8	and	and	CCONJ
cblr-1213	53	9	the	the	DET
cblr-1213	53	10	asset	asset	NOUN
cblr-1213	53	11	allocation	allocation	NOUN
cblr-1213	53	12	changes	change	NOUN
cblr-1213	53	13	as	as	ADP
cblr-1213	53	14	the	the	DET
cblr-1213	53	15	worker	worker	NOUN
cblr-1213	53	16	/	/	SYM
cblr-1213	53	17	saver	saver	NOUN
cblr-1213	53	18	approaches	approach	VERB
cblr-1213	53	19	retirement	retirement	NOUN
cblr-1213	53	20	age	age	NOUN
cblr-1213	53	21	,	,	PUNCT
cblr-1213	53	22	investors	investor	NOUN
cblr-1213	53	23	are	be	AUX
cblr-1213	53	24	encouraged	encourage	VERB
cblr-1213	53	25	to	to	PART
cblr-1213	53	26	leave	leave	VERB
cblr-1213	53	27	their	their	PRON
cblr-1213	53	28	investment	investment	NOUN
cblr-1213	53	29	in	in	ADP
cblr-1213	53	30	that	that	DET
cblr-1213	53	31	fund	fund	NOUN
cblr-1213	53	32	for	for	ADP
cblr-1213	53	33	the	the	DET
cblr-1213	53	34	duration	duration	NOUN
cblr-1213	53	35	of	of	ADP
cblr-1213	53	36	their	their	PRON
cblr-1213	53	37	working	working	NOUN
cblr-1213	53	38	/	/	SYM
cblr-1213	53	39	saving	save	VERB
cblr-1213	53	40	life	life	NOUN
cblr-1213	53	41	.	.	PUNCT
cblr-1213	54	1	see	see	VERB
cblr-1213	54	2	,	,	PUNCT
cblr-1213	54	3	e	e	NOUN
cblr-1213	54	4	,	,	PUNCT
cblr-1213	54	5	g.	g.	PROPN
cblr-1213	54	6	,	,	PUNCT
cblr-1213	54	7	investor	investor	NOUN
cblr-1213	54	8	bulletin	bulletin	NOUN
cblr-1213	54	9	:	:	PUNCT
cblr-1213	54	10	target	target	VERB
cblr-1213	54	11	date	date	NOUN
cblr-1213	54	12	retirement	retirement	NOUN
cblr-1213	54	13	funds	fund	NOUN
cblr-1213	54	14	,	,	PUNCT
cblr-1213	54	15	sec	sec	PROPN
cblr-1213	54	16	(	(	PUNCT
cblr-1213	54	17	may	may	PROPN
cblr-1213	54	18	1	1	NUM
cblr-1213	54	19	,	,	PUNCT
cblr-1213	54	20	2010	2010	NUM
cblr-1213	54	21	)	)	PUNCT
cblr-1213	54	22	,	,	PUNCT
cblr-1213	54	23	https://www.sec.gov/investor/alerts/tdf.htm	https://www.sec.gov/investor/alerts/tdf.htm	PROPN
cblr-1213	55	1	[	[	X
cblr-1213	55	2	perma.cc/4x3r-ytqp	perma.cc/4x3r-ytqp	X
cblr-1213	55	3	]	]	X
cblr-1213	55	4	.	.	PUNCT
cblr-1213	56	1	4	4	NUM
cblr-1213	56	2	the	the	DET
cblr-1213	56	3	securities	securities	PROPN
cblr-1213	56	4	and	and	CCONJ
cblr-1213	56	5	exchange	exchange	PROPN
cblr-1213	56	6	commission	commission	PROPN
cblr-1213	56	7	(	(	PUNCT
cblr-1213	56	8	the	the	DET
cblr-1213	56	9	“	"	PUNCT
cblr-1213	56	10	sec	sec	PROPN
cblr-1213	56	11	”	"	PUNCT
cblr-1213	56	12	)	)	PUNCT
cblr-1213	56	13	adopted	adopt	VERB
cblr-1213	56	14	the	the	DET
cblr-1213	56	15	liquidity	liquidity	NOUN
cblr-1213	56	16	rules	rule	NOUN
cblr-1213	56	17	to	to	PART
cblr-1213	56	18	combat	combat	VERB
cblr-1213	56	19	liquidity	liquidity	NOUN
cblr-1213	56	20	costs	cost	NOUN
cblr-1213	56	21	,	,	PUNCT
cblr-1213	56	22	and	and	CCONJ
cblr-1213	56	23	other	other	ADJ
cblr-1213	56	24	structural	structural	ADJ
cblr-1213	56	25	concerns	concern	NOUN
cblr-1213	56	26	related	relate	VERB
cblr-1213	56	27	to	to	ADP
cblr-1213	56	28	the	the	DET
cblr-1213	56	29	mutual	mutual	ADJ
cblr-1213	56	30	fund	fund	NOUN
cblr-1213	56	31	industry	industry	NOUN
cblr-1213	56	32	.	.	PUNCT
cblr-1213	57	1	the	the	DET
cblr-1213	57	2	liquidity	liquidity	NOUN
cblr-1213	57	3	rules	rule	NOUN
cblr-1213	57	4	also	also	ADV
cblr-1213	57	5	address	address	VERB
cblr-1213	57	6	openend	openend	PROPN
cblr-1213	57	7	funds	fund	NOUN
cblr-1213	57	8	’	'	PUNCT
cblr-1213	57	9	liquidity	liquidity	NOUN
cblr-1213	57	10	risk	risk	NOUN
cblr-1213	57	11	management	management	NOUN
cblr-1213	57	12	,	,	PUNCT
cblr-1213	57	13	derivatives	derivative	NOUN
cblr-1213	57	14	,	,	PUNCT
cblr-1213	57	15	swing	swing	NOUN
cblr-1213	57	16	pricing	pricing	NOUN
cblr-1213	57	17	,	,	PUNCT
cblr-1213	57	18	and	and	CCONJ
cblr-1213	57	19	propose	propose	VERB
cblr-1213	57	20	to	to	PART
cblr-1213	57	21	codify	codify	VERB
cblr-1213	57	22	the	the	DET
cblr-1213	57	23	fifteen	fifteen	NUM
cblr-1213	57	24	percent	percent	NOUN
cblr-1213	57	25	illiquid	illiquid	ADJ
cblr-1213	57	26	securities	security	NOUN
cblr-1213	57	27	guidelines	guideline	NOUN
cblr-1213	57	28	.	.	PUNCT
cblr-1213	58	1	the	the	DET
cblr-1213	58	2	rules	rule	NOUN
cblr-1213	58	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	58	4	134	134	NUM
cblr-1213	58	5	columbia	columbia	PROPN
cblr-1213	58	6	business	business	NOUN
cblr-1213	58	7	law	law	PROPN
cblr-1213	58	8	review	review	NOUN
cblr-1213	58	9	[	[	X
cblr-1213	58	10	vol	vol	NOUN
cblr-1213	58	11	.	.	NOUN
cblr-1213	58	12	2018	2018	NUM
cblr-1213	59	1	the	the	DET
cblr-1213	59	2	sec	sec	PROPN
cblr-1213	59	3	authorized	authorize	VERB
cblr-1213	59	4	optional	optional	ADJ
cblr-1213	59	5	partial	partial	ADJ
cblr-1213	59	6	swing	swing	NOUN
cblr-1213	59	7	pricing	pricing	NOUN
cblr-1213	59	8	as	as	ADP
cblr-1213	59	9	a	a	DET
cblr-1213	59	10	liquidity	liquidity	NOUN
cblr-1213	59	11	tool	tool	NOUN
cblr-1213	59	12	to	to	PART
cblr-1213	59	13	allocate	allocate	VERB
cblr-1213	59	14	transactional	transactional	ADJ
cblr-1213	59	15	and	and	CCONJ
cblr-1213	59	16	other	other	ADJ
cblr-1213	59	17	costs	cost	NOUN
cblr-1213	59	18	to	to	ADP
cblr-1213	59	19	the	the	DET
cblr-1213	59	20	shareholders	shareholder	NOUN
cblr-1213	59	21	generating	generate	VERB
cblr-1213	59	22	the	the	DET
cblr-1213	59	23	expenses	expense	NOUN
cblr-1213	59	24	when	when	SCONJ
cblr-1213	59	25	exiting	exit	VERB
cblr-1213	59	26	or	or	CCONJ
cblr-1213	59	27	entering	enter	VERB
cblr-1213	59	28	a	a	DET
cblr-1213	59	29	fund.5	fund.5	ADJ
cblr-1213	59	30	allocating	allocating	NOUN
cblr-1213	59	31	expenses	expense	NOUN
cblr-1213	59	32	to	to	ADP
cblr-1213	59	33	the	the	DET
cblr-1213	59	34	entering	enter	VERB
cblr-1213	59	35	or	or	CCONJ
cblr-1213	59	36	departing	depart	VERB
cblr-1213	59	37	fund	fund	NOUN
cblr-1213	59	38	shareholders	shareholder	NOUN
cblr-1213	59	39	through	through	ADP
cblr-1213	59	40	swing	swing	NOUN
cblr-1213	59	41	pricing	pricing	NOUN
cblr-1213	59	42	prevents	prevent	VERB
cblr-1213	59	43	dilution	dilution	NOUN
cblr-1213	59	44	of	of	ADP
cblr-1213	59	45	existing	exist	VERB
cblr-1213	59	46	shareholders	shareholder	NOUN
cblr-1213	59	47	’	'	PUNCT
cblr-1213	59	48	investments	investment	NOUN
cblr-1213	59	49	.	.	PUNCT
cblr-1213	60	1	swing	swing	NOUN
cblr-1213	60	2	pricing	pricing	NOUN
cblr-1213	60	3	is	be	AUX
cblr-1213	60	4	facially	facially	ADV
cblr-1213	60	5	a	a	DET
cblr-1213	60	6	technical	technical	ADJ
cblr-1213	60	7	issue	issue	NOUN
cblr-1213	60	8	,	,	PUNCT
cblr-1213	60	9	but	but	CCONJ
cblr-1213	60	10	a	a	DET
cblr-1213	60	11	scratch	scratch	NOUN
cblr-1213	60	12	to	to	ADP
cblr-1213	60	13	the	the	DET
cblr-1213	60	14	surface	surface	NOUN
cblr-1213	60	15	reveals	reveal	VERB
cblr-1213	60	16	it	it	PRON
cblr-1213	60	17	as	as	ADP
cblr-1213	60	18	a	a	DET
cblr-1213	60	19	lens	lens	NOUN
cblr-1213	60	20	into	into	ADP
cblr-1213	60	21	key	key	ADJ
cblr-1213	60	22	aspects	aspect	NOUN
cblr-1213	60	23	of	of	ADP
cblr-1213	60	24	mutual	mutual	ADJ
cblr-1213	60	25	fund	fund	NOUN
cblr-1213	60	26	investment	investment	NOUN
cblr-1213	60	27	—	—	PUNCT
cblr-1213	60	28	a	a	DET
cblr-1213	60	29	practice	practice	NOUN
cblr-1213	60	30	54.9	54.9	NUM
cblr-1213	60	31	million	million	NUM
cblr-1213	60	32	u.s	u.s	PROPN
cblr-1213	60	33	.	.	PROPN
cblr-1213	60	34	households	household	NOUN
cblr-1213	60	35	engage	engage	VERB
cblr-1213	60	36	in	in	ADP
cblr-1213	60	37	to	to	ADP
cblr-1213	60	38	the	the	DET
cblr-1213	60	39	tune	tune	NOUN
cblr-1213	60	40	of	of	ADP
cblr-1213	60	41	$	$	SYM
cblr-1213	60	42	16.3	16.3	NUM
cblr-1213	60	43	trillion.6	trillion.6	NOUN
cblr-1213	60	44	this	this	DET
cblr-1213	60	45	article	article	NOUN
cblr-1213	60	46	provides	provide	VERB
cblr-1213	60	47	a	a	DET
cblr-1213	60	48	technical	technical	ADJ
cblr-1213	60	49	,	,	PUNCT
cblr-1213	60	50	but	but	CCONJ
cblr-1213	60	51	accessible	accessible	ADJ
cblr-1213	60	52	,	,	PUNCT
cblr-1213	60	53	review	review	NOUN
cblr-1213	60	54	of	of	ADP
cblr-1213	60	55	swing	swing	NOUN
cblr-1213	60	56	pricing	pricing	NOUN
cblr-1213	60	57	focusing	focus	VERB
cblr-1213	60	58	on	on	ADP
cblr-1213	60	59	the	the	DET
cblr-1213	60	60	theory	theory	NOUN
cblr-1213	60	61	,	,	PUNCT
cblr-1213	60	62	rules	rule	NOUN
cblr-1213	60	63	,	,	PUNCT
cblr-1213	60	64	benefits	benefit	NOUN
cblr-1213	60	65	,	,	PUNCT
cblr-1213	60	66	challenges	challenge	NOUN
cblr-1213	60	67	,	,	PUNCT
cblr-1213	60	68	and	and	CCONJ
cblr-1213	60	69	regulatory	regulatory	ADJ
cblr-1213	60	70	alternatives	alternative	NOUN
cblr-1213	60	71	.	.	PUNCT
cblr-1213	61	1	part	part	NOUN
cblr-1213	61	2	ii	ii	PROPN
cblr-1213	61	3	introduces	introduce	VERB
cblr-1213	61	4	readers	reader	NOUN
cblr-1213	61	5	to	to	ADP
cblr-1213	61	6	a	a	DET
cblr-1213	61	7	key	key	ADJ
cblr-1213	61	8	attribute	attribute	NOUN
cblr-1213	61	9	of	of	ADP
cblr-1213	61	10	u.s	u.s	PROPN
cblr-1213	61	11	.	.	PROPN
cblr-1213	61	12	open	open	ADJ
cblr-1213	61	13	-	-	PUNCT
cblr-1213	61	14	ended	end	VERB
cblr-1213	61	15	mutual	mutual	ADJ
cblr-1213	61	16	funds	fund	NOUN
cblr-1213	61	17	—	—	PUNCT
cblr-1213	61	18	the	the	DET
cblr-1213	61	19	daily	daily	ADJ
cblr-1213	61	20	net	net	ADJ
cblr-1213	61	21	asset	asset	NOUN
cblr-1213	61	22	value	value	NOUN
cblr-1213	61	23	(	(	PUNCT
cblr-1213	61	24	“	"	PUNCT
cblr-1213	61	25	nav”)—and	nav”)—and	NOUN
cblr-1213	61	26	explains	explain	VERB
cblr-1213	61	27	the	the	DET
cblr-1213	61	28	relationship	relationship	NOUN
cblr-1213	61	29	between	between	ADP
cblr-1213	61	30	nav	nav	NOUN
cblr-1213	61	31	and	and	CCONJ
cblr-1213	61	32	new	new	ADJ
cblr-1213	61	33	sec	sec	PROPN
cblr-1213	61	34	regulatory	regulatory	ADJ
cblr-1213	61	35	priorities	priority	NOUN
cblr-1213	61	36	of	of	ADP
cblr-1213	61	37	fund	fund	NOUN
cblr-1213	61	38	liquid	liquid	NOUN
cblr-1213	61	39	were	be	AUX
cblr-1213	61	40	originally	originally	ADV
cblr-1213	61	41	released	release	VERB
cblr-1213	61	42	on	on	ADP
cblr-1213	61	43	september	september	PROPN
cblr-1213	61	44	22	22	NUM
cblr-1213	61	45	,	,	PUNCT
cblr-1213	61	46	2015	2015	NUM
cblr-1213	61	47	and	and	CCONJ
cblr-1213	61	48	were	be	AUX
cblr-1213	61	49	finalized	finalize	VERB
cblr-1213	61	50	in	in	ADP
cblr-1213	61	51	november	november	PROPN
cblr-1213	61	52	2016	2016	NUM
cblr-1213	61	53	with	with	ADP
cblr-1213	61	54	an	an	DET
cblr-1213	61	55	effective	effective	ADJ
cblr-1213	61	56	date	date	NOUN
cblr-1213	61	57	of	of	ADP
cblr-1213	61	58	january	january	PROPN
cblr-1213	61	59	1	1	NUM
cblr-1213	61	60	,	,	PUNCT
cblr-1213	61	61	2018	2018	NUM
cblr-1213	61	62	.	.	PUNCT
cblr-1213	62	1	open	open	ADJ
cblr-1213	62	2	-	-	PUNCT
cblr-1213	62	3	end	end	NOUN
cblr-1213	62	4	fund	fund	NOUN
cblr-1213	62	5	liquidity	liquidity	NOUN
cblr-1213	62	6	risk	risk	NOUN
cblr-1213	62	7	management	management	NOUN
cblr-1213	62	8	programs	program	NOUN
cblr-1213	62	9	;	;	PUNCT
cblr-1213	62	10	swing	swing	NOUN
cblr-1213	62	11	pricing	pricing	NOUN
cblr-1213	62	12	;	;	PUNCT
cblr-1213	62	13	re	re	VERB
cblr-1213	62	14	-	-	VERB
cblr-1213	62	15	opening	opening	NOUN
cblr-1213	62	16	of	of	ADP
cblr-1213	62	17	comment	comment	NOUN
cblr-1213	62	18	period	period	NOUN
cblr-1213	62	19	for	for	ADP
cblr-1213	62	20	investment	investment	NOUN
cblr-1213	62	21	company	company	NOUN
cblr-1213	62	22	reporting	report	VERB
cblr-1213	62	23	modernization	modernization	NOUN
cblr-1213	62	24	release	release	NOUN
cblr-1213	62	25	,	,	PUNCT
cblr-1213	62	26	80	80	NUM
cblr-1213	62	27	fed	feed	VERB
cblr-1213	62	28	.	.	PUNCT
cblr-1213	63	1	reg	reg	NOUN
cblr-1213	63	2	.	.	PUNCT
cblr-1213	64	1	62274	62274	NUM
cblr-1213	64	2	,	,	PUNCT
cblr-1213	64	3	62283	62283	NUM
cblr-1213	64	4	(	(	PUNCT
cblr-1213	64	5	proposed	propose	VERB
cblr-1213	64	6	oct	oct	PROPN
cblr-1213	64	7	.	.	PROPN
cblr-1213	64	8	15	15	NUM
cblr-1213	64	9	,	,	PUNCT
cblr-1213	64	10	2015	2015	NUM
cblr-1213	64	11	)	)	PUNCT
cblr-1213	64	12	(	(	PUNCT
cblr-1213	64	13	to	to	PART
cblr-1213	64	14	be	be	AUX
cblr-1213	64	15	codified	codify	VERB
cblr-1213	64	16	at	at	ADP
cblr-1213	64	17	17	17	NUM
cblr-1213	64	18	c.f.r	c.f.r	NOUN
cblr-1213	64	19	.	.	PUNCT
cblr-1213	65	1	pts	pts	PROPN
cblr-1213	65	2	.	.	PROPN
cblr-1213	65	3	210	210	NUM
cblr-1213	65	4	,	,	PUNCT
cblr-1213	65	5	270	270	NUM
cblr-1213	65	6	,	,	PUNCT
cblr-1213	65	7	274	274	NUM
cblr-1213	65	8	)	)	PUNCT
cblr-1213	66	1	[	[	X
cblr-1213	66	2	hereinafter	hereinafter	NOUN
cblr-1213	66	3	swing	swing	NOUN
cblr-1213	66	4	pricing	price	VERB
cblr-1213	66	5	first	first	ADJ
cblr-1213	66	6	proposal	proposal	NOUN
cblr-1213	66	7	]	]	PUNCT
cblr-1213	66	8	.	.	PUNCT
cblr-1213	67	1	the	the	DET
cblr-1213	67	2	sec	sec	PROPN
cblr-1213	67	3	issued	issue	VERB
cblr-1213	67	4	final	final	ADJ
cblr-1213	67	5	liquidity	liquidity	NOUN
cblr-1213	67	6	risk	risk	NOUN
cblr-1213	67	7	management	management	NOUN
cblr-1213	67	8	rules	rule	NOUN
cblr-1213	67	9	in	in	ADP
cblr-1213	67	10	october	october	PROPN
cblr-1213	67	11	2016	2016	NUM
cblr-1213	67	12	.	.	PUNCT
cblr-1213	68	1	investment	investment	NOUN
cblr-1213	68	2	company	company	NOUN
cblr-1213	68	3	liquidity	liquidity	NOUN
cblr-1213	68	4	risk	risk	NOUN
cblr-1213	68	5	management	management	NOUN
cblr-1213	68	6	programs	program	NOUN
cblr-1213	68	7	,	,	PUNCT
cblr-1213	68	8	81	81	NUM
cblr-1213	68	9	fed	feed	VERB
cblr-1213	68	10	.	.	PUNCT
cblr-1213	69	1	reg	reg	PROPN
cblr-1213	69	2	.	.	PUNCT
cblr-1213	70	1	82142	82142	NUM
cblr-1213	70	2	(	(	PUNCT
cblr-1213	70	3	nov	nov	PROPN
cblr-1213	70	4	.	.	PROPN
cblr-1213	70	5	18	18	NUM
cblr-1213	70	6	,	,	PUNCT
cblr-1213	70	7	2016	2016	NUM
cblr-1213	70	8	)	)	PUNCT
cblr-1213	70	9	(	(	PUNCT
cblr-1213	70	10	to	to	PART
cblr-1213	70	11	be	be	AUX
cblr-1213	70	12	codified	codify	VERB
cblr-1213	70	13	at	at	ADP
cblr-1213	70	14	17	17	NUM
cblr-1213	70	15	c.f.r	c.f.r	NOUN
cblr-1213	70	16	.	.	PUNCT
cblr-1213	71	1	pts	pts	PROPN
cblr-1213	71	2	.	.	PROPN
cblr-1213	71	3	270	270	NUM
cblr-1213	71	4	,	,	PUNCT
cblr-1213	71	5	274	274	NUM
cblr-1213	71	6	)	)	PUNCT
cblr-1213	72	1	[	[	X
cblr-1213	72	2	hereinafter	hereinafter	NOUN
cblr-1213	72	3	final	final	ADJ
cblr-1213	72	4	liquidity	liquidity	NOUN
cblr-1213	72	5	risk	risk	NOUN
cblr-1213	72	6	rules	rule	NOUN
cblr-1213	72	7	]	]	PUNCT
cblr-1213	72	8	.	.	PUNCT
cblr-1213	73	1	the	the	DET
cblr-1213	73	2	sec	sec	PROPN
cblr-1213	73	3	’s	’s	PART
cblr-1213	73	4	liquidity	liquidity	NOUN
cblr-1213	73	5	management	management	NOUN
cblr-1213	73	6	rule	rule	NOUN
cblr-1213	73	7	provides	provide	VERB
cblr-1213	73	8	a	a	DET
cblr-1213	73	9	framework	framework	NOUN
cblr-1213	73	10	for	for	ADP
cblr-1213	73	11	a	a	DET
cblr-1213	73	12	fund	fund	NOUN
cblr-1213	73	13	to	to	PART
cblr-1213	73	14	evaluate	evaluate	VERB
cblr-1213	73	15	and	and	CCONJ
cblr-1213	73	16	manage	manage	VERB
cblr-1213	73	17	its	its	PRON
cblr-1213	73	18	liquidity	liquidity	NOUN
cblr-1213	73	19	profile	profile	NOUN
cblr-1213	73	20	.	.	PUNCT
cblr-1213	74	1	i	i	PRON
cblr-1213	74	2	d.	d.	PROPN
cblr-1213	74	3	at	at	ADP
cblr-1213	74	4	82155	82155	NUM
cblr-1213	74	5	.	.	PUNCT
cblr-1213	75	1	funds	fund	NOUN
cblr-1213	75	2	will	will	AUX
cblr-1213	75	3	provide	provide	VERB
cblr-1213	75	4	liquidity	liquidity	NOUN
cblr-1213	75	5	data	datum	NOUN
cblr-1213	75	6	to	to	ADP
cblr-1213	75	7	the	the	DET
cblr-1213	75	8	sec	sec	PROPN
cblr-1213	75	9	via	via	ADP
cblr-1213	75	10	form	form	NOUN
cblr-1213	75	11	n	n	CCONJ
cblr-1213	75	12	-	-	PUNCT
cblr-1213	75	13	port	port	NOUN
cblr-1213	75	14	and	and	CCONJ
cblr-1213	75	15	n	n	CCONJ
cblr-1213	75	16	-	-	PUNCT
cblr-1213	75	17	cen	cen	NOUN
cblr-1213	75	18	,	,	PUNCT
cblr-1213	75	19	including	include	VERB
cblr-1213	75	20	details	detail	NOUN
cblr-1213	75	21	about	about	ADP
cblr-1213	75	22	a	a	DET
cblr-1213	75	23	fund	fund	NOUN
cblr-1213	75	24	’s	’s	PART
cblr-1213	75	25	liquidity	liquidity	NOUN
cblr-1213	75	26	risk	risk	NOUN
cblr-1213	75	27	management	management	NOUN
cblr-1213	75	28	practices	practice	NOUN
cblr-1213	75	29	.	.	PUNCT
cblr-1213	76	1	i	i	PRON
cblr-1213	76	2	d.	d.	PROPN
cblr-1213	76	3	at	at	ADP
cblr-1213	76	4	82193–97	82193–97	PROPN
cblr-1213	76	5	,	,	PUNCT
cblr-1213	76	6	82222–23	82222–23	PROPN
cblr-1213	76	7	.	.	PUNCT
cblr-1213	77	1	the	the	DET
cblr-1213	77	2	sec	sec	PROPN
cblr-1213	77	3	’s	’s	PART
cblr-1213	77	4	stated	state	VERB
cblr-1213	77	5	goal	goal	NOUN
cblr-1213	77	6	with	with	ADP
cblr-1213	77	7	respect	respect	NOUN
cblr-1213	77	8	to	to	ADP
cblr-1213	77	9	the	the	DET
cblr-1213	77	10	liquidity	liquidity	NOUN
cblr-1213	77	11	risk	risk	NOUN
cblr-1213	77	12	management	management	NOUN
cblr-1213	77	13	rules	rule	NOUN
cblr-1213	77	14	is	be	AUX
cblr-1213	77	15	to	to	PART
cblr-1213	77	16	ensure	ensure	VERB
cblr-1213	77	17	that	that	SCONJ
cblr-1213	77	18	funds	fund	NOUN
cblr-1213	77	19	can	can	AUX
cblr-1213	77	20	meet	meet	VERB
cblr-1213	77	21	shareholder	shareholder	NOUN
cblr-1213	77	22	redemptions	redemption	NOUN
cblr-1213	77	23	and	and	CCONJ
cblr-1213	77	24	avoid	avoid	VERB
cblr-1213	77	25	shareholder	shareholder	NOUN
cblr-1213	77	26	investment	investment	NOUN
cblr-1213	77	27	dilution	dilution	NOUN
cblr-1213	77	28	.	.	PUNCT
cblr-1213	78	1	i	i	PRON
cblr-1213	78	2	d.	d.	PROPN
cblr-1213	78	3	at	at	ADP
cblr-1213	78	4	82148–50	82148–50	NOUN
cblr-1213	78	5	,	,	PUNCT
cblr-1213	78	6	82262	82262	NUM
cblr-1213	78	7	.	.	PUNCT
cblr-1213	79	1	in	in	ADP
cblr-1213	79	2	order	order	NOUN
cblr-1213	79	3	to	to	PART
cblr-1213	79	4	encourage	encourage	VERB
cblr-1213	79	5	funds	fund	NOUN
cblr-1213	79	6	to	to	PART
cblr-1213	79	7	proactively	proactively	ADV
cblr-1213	79	8	manage	manage	VERB
cblr-1213	79	9	and	and	CCONJ
cblr-1213	79	10	reduce	reduce	VERB
cblr-1213	79	11	dilution	dilution	NOUN
cblr-1213	79	12	,	,	PUNCT
cblr-1213	79	13	the	the	DET
cblr-1213	79	14	sec	sec	PROPN
cblr-1213	79	15	incorporated	incorporate	VERB
cblr-1213	79	16	an	an	DET
cblr-1213	79	17	additional	additional	ADJ
cblr-1213	79	18	anti	anti	ADJ
cblr-1213	79	19	-	-	ADJ
cblr-1213	79	20	dilution	dilution	ADJ
cblr-1213	79	21	tool	tool	NOUN
cblr-1213	79	22	in	in	ADP
cblr-1213	79	23	its	its	PRON
cblr-1213	79	24	release	release	NOUN
cblr-1213	79	25	:	:	PUNCT
cblr-1213	79	26	swing	swing	NOUN
cblr-1213	79	27	pricing	pricing	NOUN
cblr-1213	79	28	.	.	PUNCT
cblr-1213	80	1	i	i	PRON
cblr-1213	80	2	d.	d.	PROPN
cblr-1213	80	3	at	at	ADP
cblr-1213	80	4	82262	82262	NUM
cblr-1213	80	5	.	.	PUNCT
cblr-1213	81	1	the	the	DET
cblr-1213	81	2	sec	sec	PROPN
cblr-1213	81	3	established	establish	VERB
cblr-1213	81	4	swing	swing	NOUN
cblr-1213	81	5	pricing	pricing	NOUN
cblr-1213	81	6	guidelines	guideline	NOUN
cblr-1213	81	7	in	in	ADP
cblr-1213	81	8	a	a	DET
cblr-1213	81	9	separate	separate	ADJ
cblr-1213	81	10	release	release	NOUN
cblr-1213	81	11	,	,	PUNCT
cblr-1213	81	12	which	which	PRON
cblr-1213	81	13	forms	form	VERB
cblr-1213	81	14	the	the	DET
cblr-1213	81	15	basis	basis	NOUN
cblr-1213	81	16	of	of	ADP
cblr-1213	81	17	our	our	PRON
cblr-1213	81	18	discussion	discussion	NOUN
cblr-1213	81	19	in	in	ADP
cblr-1213	81	20	this	this	DET
cblr-1213	81	21	article	article	NOUN
cblr-1213	81	22	.	.	PUNCT
cblr-1213	82	1	see	see	VERB
cblr-1213	82	2	investment	investment	NOUN
cblr-1213	82	3	company	company	NOUN
cblr-1213	82	4	swing	swing	NOUN
cblr-1213	82	5	pricing	pricing	NOUN
cblr-1213	82	6	,	,	PUNCT
cblr-1213	82	7	81	81	NUM
cblr-1213	82	8	fed	feed	VERB
cblr-1213	82	9	.	.	PUNCT
cblr-1213	83	1	reg	reg	PROPN
cblr-1213	83	2	.	.	PUNCT
cblr-1213	84	1	82084	82084	NUM
cblr-1213	84	2	(	(	PUNCT
cblr-1213	84	3	nov	nov	PROPN
cblr-1213	84	4	.	.	PROPN
cblr-1213	84	5	18	18	NUM
cblr-1213	84	6	,	,	PUNCT
cblr-1213	84	7	2016	2016	NUM
cblr-1213	84	8	)	)	PUNCT
cblr-1213	84	9	(	(	PUNCT
cblr-1213	84	10	to	to	PART
cblr-1213	84	11	be	be	AUX
cblr-1213	84	12	codified	codify	VERB
cblr-1213	84	13	at	at	ADP
cblr-1213	84	14	17	17	NUM
cblr-1213	84	15	c.f.r	c.f.r	NOUN
cblr-1213	84	16	.	.	PUNCT
cblr-1213	85	1	pts	pts	PROPN
cblr-1213	85	2	.	.	PROPN
cblr-1213	85	3	210	210	NUM
cblr-1213	85	4	,	,	PUNCT
cblr-1213	85	5	270	270	NUM
cblr-1213	85	6	,	,	PUNCT
cblr-1213	85	7	274	274	NUM
cblr-1213	85	8	)	)	PUNCT
cblr-1213	86	1	[	[	X
cblr-1213	86	2	hereinafter	hereinafter	NOUN
cblr-1213	86	3	final	final	ADJ
cblr-1213	86	4	rules	rule	NOUN
cblr-1213	86	5	]	]	PUNCT
cblr-1213	86	6	.	.	PUNCT
cblr-1213	87	1	5	5	NUM
cblr-1213	87	2	final	final	ADJ
cblr-1213	87	3	rules	rule	NOUN
cblr-1213	87	4	,	,	PUNCT
cblr-1213	87	5	supra	supra	PROPN
cblr-1213	87	6	note	note	NOUN
cblr-1213	87	7	4	4	NUM
cblr-1213	87	8	,	,	PUNCT
cblr-1213	87	9	at	at	ADP
cblr-1213	87	10	82084	82084	NUM
cblr-1213	87	11	.	.	PUNCT
cblr-1213	88	1	6	6	NUM
cblr-1213	88	2	inv	inv	X
cblr-1213	88	3	.	.	PUNCT
cblr-1213	88	4	co.	co.	PROPN
cblr-1213	88	5	inst	inst	PROPN
cblr-1213	88	6	.	.	PROPN
cblr-1213	88	7	,	,	PUNCT
cblr-1213	88	8	supra	supra	PROPN
cblr-1213	88	9	note	note	PROPN
cblr-1213	88	10	1	1	NUM
cblr-1213	88	11	,	,	PUNCT
cblr-1213	88	12	at	at	ADP
cblr-1213	88	13	130	130	NUM
cblr-1213	88	14	;	;	PUNCT
cblr-1213	88	15	see	see	VERB
cblr-1213	88	16	also	also	ADV
cblr-1213	88	17	holden	holden	PROPN
cblr-1213	88	18	,	,	PUNCT
cblr-1213	88	19	supra	supra	PROPN
cblr-1213	88	20	note	note	NOUN
cblr-1213	88	21	3	3	NUM
cblr-1213	88	22	,	,	PUNCT
cblr-1213	88	23	at	at	ADP
cblr-1213	88	24	2	2	NUM
cblr-1213	88	25	(	(	PUNCT
cblr-1213	88	26	describing	describe	VERB
cblr-1213	88	27	defined	define	VERB
cblr-1213	88	28	contribution	contribution	NOUN
cblr-1213	88	29	plan	plan	NOUN
cblr-1213	88	30	asset	asset	NOUN
cblr-1213	88	31	trends	trend	NOUN
cblr-1213	88	32	from	from	ADP
cblr-1213	88	33	2007–2016	2007–2016	NUM
cblr-1213	88	34	)	)	PUNCT
cblr-1213	88	35	.	.	PUNCT
cblr-1213	89	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	90	1	no	no	INTJ
cblr-1213	90	2	.	.	PUNCT
cblr-1213	91	1	1:130	1:130	NUM
cblr-1213	91	2	]	]	X
cblr-1213	91	3	will	will	AUX
cblr-1213	91	4	swing	swing	VERB
cblr-1213	91	5	pricing	pricing	NOUN
cblr-1213	91	6	save	save	VERB
cblr-1213	91	7	sedentary	sedentary	ADJ
cblr-1213	91	8	shareholders	shareholder	NOUN
cblr-1213	91	9	?	?	PUNCT
cblr-1213	92	1	135	135	NUM
cblr-1213	92	2	ity	ity	PROPN
cblr-1213	92	3	management	management	NOUN
cblr-1213	92	4	and	and	CCONJ
cblr-1213	92	5	shareholders	shareholder	NOUN
cblr-1213	92	6	’	’	PART
cblr-1213	92	7	asset	asset	NOUN
cblr-1213	92	8	dilution	dilution	NOUN
cblr-1213	92	9	.	.	PUNCT
cblr-1213	93	1	part	part	NOUN
cblr-1213	93	2	iii	iii	NUM
cblr-1213	93	3	acquaints	acquaint	NOUN
cblr-1213	93	4	readers	reader	NOUN
cblr-1213	93	5	with	with	ADP
cblr-1213	93	6	swing	swing	NOUN
cblr-1213	93	7	pricing	pricing	NOUN
cblr-1213	93	8	,	,	PUNCT
cblr-1213	93	9	connects	connect	VERB
cblr-1213	93	10	the	the	DET
cblr-1213	93	11	conversation	conversation	NOUN
cblr-1213	93	12	with	with	ADP
cblr-1213	93	13	international	international	ADJ
cblr-1213	93	14	initiatives	initiative	NOUN
cblr-1213	93	15	,	,	PUNCT
cblr-1213	93	16	and	and	CCONJ
cblr-1213	93	17	provides	provide	VERB
cblr-1213	93	18	a	a	DET
cblr-1213	93	19	detailed	detailed	ADJ
cblr-1213	93	20	examination	examination	NOUN
cblr-1213	93	21	of	of	ADP
cblr-1213	93	22	the	the	DET
cblr-1213	93	23	new	new	ADJ
cblr-1213	93	24	sec	sec	PROPN
cblr-1213	93	25	swing	swing	NOUN
cblr-1213	93	26	pricing	pricing	NOUN
cblr-1213	93	27	rules	rule	NOUN
cblr-1213	93	28	for	for	ADP
cblr-1213	93	29	u.s	u.s	PROPN
cblr-1213	93	30	.	.	PROPN
cblr-1213	93	31	mutual	mutual	ADJ
cblr-1213	93	32	funds	fund	NOUN
cblr-1213	93	33	.	.	PUNCT
cblr-1213	94	1	drawing	draw	VERB
cblr-1213	94	2	from	from	ADP
cblr-1213	94	3	the	the	DET
cblr-1213	94	4	public	public	ADJ
cblr-1213	94	5	comments	comment	NOUN
cblr-1213	94	6	submitted	submit	VERB
cblr-1213	94	7	to	to	ADP
cblr-1213	94	8	the	the	DET
cblr-1213	94	9	sec	sec	PROPN
cblr-1213	94	10	and	and	CCONJ
cblr-1213	94	11	industry	industry	NOUN
cblr-1213	94	12	sources	source	NOUN
cblr-1213	94	13	,	,	PUNCT
cblr-1213	94	14	part	part	NOUN
cblr-1213	94	15	iv	iv	NUM
cblr-1213	94	16	describes	describe	VERB
cblr-1213	94	17	the	the	DET
cblr-1213	94	18	anticipated	anticipate	VERB
cblr-1213	94	19	benefits	benefit	NOUN
cblr-1213	94	20	of	of	ADP
cblr-1213	94	21	the	the	DET
cblr-1213	94	22	new	new	ADJ
cblr-1213	94	23	rules	rule	NOUN
cblr-1213	94	24	and	and	CCONJ
cblr-1213	94	25	catalogues	catalogue	VERB
cblr-1213	94	26	the	the	DET
cblr-1213	94	27	operational	operational	ADJ
cblr-1213	94	28	and	and	CCONJ
cblr-1213	94	29	conceptual	conceptual	ADJ
cblr-1213	94	30	challenges	challenge	NOUN
cblr-1213	94	31	impeding	impede	VERB
cblr-1213	94	32	swing	swing	NOUN
cblr-1213	94	33	pricing	pricing	NOUN
cblr-1213	94	34	implementation	implementation	NOUN
cblr-1213	94	35	by	by	ADP
cblr-1213	94	36	mutual	mutual	ADJ
cblr-1213	94	37	funds	fund	NOUN
cblr-1213	94	38	.	.	PUNCT
cblr-1213	95	1	finally	finally	ADV
cblr-1213	95	2	,	,	PUNCT
cblr-1213	95	3	part	part	NOUN
cblr-1213	95	4	v	v	NOUN
cblr-1213	95	5	discusses	discuss	VERB
cblr-1213	95	6	existing	exist	VERB
cblr-1213	95	7	tools	tool	NOUN
cblr-1213	95	8	to	to	PART
cblr-1213	95	9	manage	manage	VERB
cblr-1213	95	10	mutual	mutual	ADJ
cblr-1213	95	11	fund	fund	NOUN
cblr-1213	95	12	liquidity	liquidity	NOUN
cblr-1213	95	13	and	and	CCONJ
cblr-1213	95	14	prevent	prevent	VERB
cblr-1213	95	15	shareholders	shareholder	NOUN
cblr-1213	95	16	’	’	PART
cblr-1213	95	17	asset	asset	NOUN
cblr-1213	95	18	dilution	dilution	NOUN
cblr-1213	95	19	,	,	PUNCT
cblr-1213	95	20	and	and	CCONJ
cblr-1213	95	21	compares	compare	VERB
cblr-1213	95	22	these	these	DET
cblr-1213	95	23	options	option	NOUN
cblr-1213	95	24	to	to	PART
cblr-1213	95	25	swing	swing	VERB
cblr-1213	95	26	pricing	pricing	NOUN
cblr-1213	95	27	.	.	PUNCT
cblr-1213	96	1	part	part	NOUN
cblr-1213	96	2	vi	vi	PROPN
cblr-1213	96	3	first	first	ADV
cblr-1213	96	4	identifies	identify	VERB
cblr-1213	96	5	the	the	DET
cblr-1213	96	6	views	view	NOUN
cblr-1213	96	7	on	on	ADP
cblr-1213	96	8	swing	swing	NOUN
cblr-1213	96	9	pricing	pricing	NOUN
cblr-1213	96	10	shared	share	VERB
cblr-1213	96	11	by	by	ADP
cblr-1213	96	12	both	both	DET
cblr-1213	96	13	authors	author	NOUN
cblr-1213	96	14	of	of	ADP
cblr-1213	96	15	this	this	DET
cblr-1213	96	16	article	article	NOUN
cblr-1213	96	17	,	,	PUNCT
cblr-1213	96	18	then	then	ADV
cblr-1213	96	19	proceeds	proceed	VERB
cblr-1213	96	20	to	to	PART
cblr-1213	96	21	explicate	explicate	VERB
cblr-1213	96	22	each	each	DET
cblr-1213	96	23	author	author	NOUN
cblr-1213	96	24	’s	’s	PART
cblr-1213	96	25	individual	individual	ADJ
cblr-1213	96	26	perspective	perspective	NOUN
cblr-1213	96	27	,	,	PUNCT
cblr-1213	96	28	including	include	VERB
cblr-1213	96	29	the	the	DET
cblr-1213	96	30	benefits	benefit	NOUN
cblr-1213	96	31	and	and	CCONJ
cblr-1213	96	32	obstacles	obstacle	NOUN
cblr-1213	96	33	that	that	PRON
cblr-1213	96	34	lie	lie	VERB
cblr-1213	96	35	ahead	ahead	ADV
cblr-1213	96	36	.	.	PUNCT
cblr-1213	97	1	here	here	ADV
cblr-1213	97	2	these	these	DET
cblr-1213	97	3	two	two	NUM
cblr-1213	97	4	voices	voice	NOUN
cblr-1213	97	5	,	,	PUNCT
cblr-1213	97	6	previously	previously	ADV
cblr-1213	97	7	left	leave	VERB
cblr-1213	97	8	to	to	ADP
cblr-1213	97	9	the	the	DET
cblr-1213	97	10	footnotes	footnote	NOUN
cblr-1213	97	11	,	,	PUNCT
cblr-1213	97	12	take	take	VERB
cblr-1213	97	13	center	center	NOUN
cblr-1213	97	14	stage	stage	NOUN
cblr-1213	97	15	as	as	SCONJ
cblr-1213	97	16	this	this	DET
cblr-1213	97	17	article	article	NOUN
cblr-1213	97	18	discusses	discuss	VERB
cblr-1213	97	19	the	the	DET
cblr-1213	97	20	merit	merit	NOUN
cblr-1213	97	21	and	and	CCONJ
cblr-1213	97	22	challenges	challenge	NOUN
cblr-1213	97	23	of	of	ADP
cblr-1213	97	24	swing	swing	NOUN
cblr-1213	97	25	pricing	pricing	NOUN
cblr-1213	97	26	from	from	ADP
cblr-1213	97	27	two	two	NUM
cblr-1213	97	28	fundamentally	fundamentally	ADV
cblr-1213	97	29	different	different	ADJ
cblr-1213	97	30	perspectives	perspective	NOUN
cblr-1213	97	31	.	.	PUNCT
cblr-1213	98	1	the	the	DET
cblr-1213	98	2	first	first	ADJ
cblr-1213	98	3	contributes	contribute	VERB
cblr-1213	98	4	an	an	DET
cblr-1213	98	5	industry	industry	NOUN
cblr-1213	98	6	,	,	PUNCT
cblr-1213	98	7	topdown	topdown	ADJ
cblr-1213	98	8	perspective	perspective	NOUN
cblr-1213	98	9	that	that	PRON
cblr-1213	98	10	is	be	AUX
cblr-1213	98	11	practical	practical	ADJ
cblr-1213	98	12	and	and	CCONJ
cblr-1213	98	13	focused	focus	VERB
cblr-1213	98	14	on	on	ADP
cblr-1213	98	15	implementation	implementation	NOUN
cblr-1213	98	16	.	.	PUNCT
cblr-1213	99	1	the	the	DET
cblr-1213	99	2	second	second	NOUN
cblr-1213	99	3	provides	provide	VERB
cblr-1213	99	4	a	a	DET
cblr-1213	99	5	bottom	bottom	ADJ
cblr-1213	99	6	-	-	PUNCT
cblr-1213	99	7	up	up	ADP
cblr-1213	99	8	perspective	perspective	NOUN
cblr-1213	99	9	that	that	PRON
cblr-1213	99	10	emphasizes	emphasize	VERB
cblr-1213	99	11	the	the	DET
cblr-1213	99	12	role	role	NOUN
cblr-1213	99	13	of	of	ADP
cblr-1213	99	14	mutual	mutual	ADJ
cblr-1213	99	15	funds	fund	NOUN
cblr-1213	99	16	in	in	ADP
cblr-1213	99	17	our	our	PRON
cblr-1213	99	18	retirement	retirement	NOUN
cblr-1213	99	19	system	system	NOUN
cblr-1213	99	20	and	and	CCONJ
cblr-1213	99	21	praises	praise	VERB
cblr-1213	99	22	the	the	DET
cblr-1213	99	23	potential	potential	NOUN
cblr-1213	99	24	for	for	ADP
cblr-1213	99	25	a	a	DET
cblr-1213	99	26	more	more	ADV
cblr-1213	99	27	level	level	NOUN
cblr-1213	99	28	-	-	PUNCT
cblr-1213	99	29	playing	play	VERB
cblr-1213	99	30	field	field	NOUN
cblr-1213	99	31	for	for	ADP
cblr-1213	99	32	exitconstrained	exitconstraine	VERB
cblr-1213	99	33	retirement	retirement	NOUN
cblr-1213	99	34	investors	investor	NOUN
cblr-1213	99	35	who	who	PRON
cblr-1213	99	36	should	should	AUX
cblr-1213	99	37	not	not	PART
cblr-1213	99	38	subsidize	subsidize	VERB
cblr-1213	99	39	more	more	ADV
cblr-1213	99	40	sophisticated	sophisticated	ADJ
cblr-1213	99	41	investors	investor	NOUN
cblr-1213	99	42	’	'	PUNCT
cblr-1213	99	43	exits	exit	VERB
cblr-1213	99	44	.	.	PUNCT
cblr-1213	100	1	both	both	DET
cblr-1213	100	2	authors	author	NOUN
cblr-1213	100	3	agree	agree	VERB
cblr-1213	100	4	on	on	ADP
cblr-1213	100	5	the	the	DET
cblr-1213	100	6	relative	relative	ADJ
cblr-1213	100	7	merits	merit	NOUN
cblr-1213	100	8	of	of	ADP
cblr-1213	100	9	swing	swing	NOUN
cblr-1213	100	10	pricing	pricing	NOUN
cblr-1213	100	11	and	and	CCONJ
cblr-1213	100	12	conclude	conclude	VERB
cblr-1213	100	13	that	that	SCONJ
cblr-1213	100	14	the	the	DET
cblr-1213	100	15	sec	sec	PROPN
cblr-1213	100	16	’s	’s	PART
cblr-1213	100	17	reliance	reliance	NOUN
cblr-1213	100	18	on	on	ADP
cblr-1213	100	19	market	market	NOUN
cblr-1213	100	20	solutions	solution	NOUN
cblr-1213	100	21	to	to	PART
cblr-1213	100	22	resolve	resolve	VERB
cblr-1213	100	23	the	the	DET
cblr-1213	100	24	considerable	considerable	ADJ
cblr-1213	100	25	operational	operational	ADJ
cblr-1213	100	26	challenges	challenge	NOUN
cblr-1213	100	27	is	be	AUX
cblr-1213	100	28	a	a	DET
cblr-1213	100	29	shrewd	shrewd	ADJ
cblr-1213	100	30	but	but	CCONJ
cblr-1213	100	31	ultimately	ultimately	ADV
cblr-1213	100	32	appropriate	appropriate	ADJ
cblr-1213	100	33	regulatory	regulatory	ADJ
cblr-1213	100	34	choice	choice	NOUN
cblr-1213	100	35	.	.	PUNCT
cblr-1213	101	1	ii	ii	X
cblr-1213	101	2	.	.	PUNCT
cblr-1213	101	3	mutual	mutual	ADJ
cblr-1213	101	4	funds	fund	NOUN
cblr-1213	101	5	,	,	PUNCT
cblr-1213	101	6	liquidity	liquidity	NOUN
cblr-1213	101	7	,	,	PUNCT
cblr-1213	101	8	and	and	CCONJ
cblr-1213	101	9	dilution	dilution	NOUN
cblr-1213	101	10	:	:	PUNCT
cblr-1213	101	11	a	a	DET
cblr-1213	101	12	primer	primer	NOUN
cblr-1213	101	13	“	"	PUNCT
cblr-1213	101	14	cash	cash	NOUN
cblr-1213	101	15	is	be	AUX
cblr-1213	101	16	king	king	NOUN
cblr-1213	101	17	,	,	PUNCT
cblr-1213	101	18	”	"	PUNCT
cblr-1213	101	19	as	as	SCONJ
cblr-1213	101	20	the	the	DET
cblr-1213	101	21	old	old	ADJ
cblr-1213	101	22	adage	adage	NOUN
cblr-1213	101	23	goes	go	VERB
cblr-1213	101	24	,	,	PUNCT
cblr-1213	101	25	applies	apply	VERB
cblr-1213	101	26	to	to	ADP
cblr-1213	101	27	mutual	mutual	ADJ
cblr-1213	101	28	fund	fund	NOUN
cblr-1213	101	29	investments	investment	NOUN
cblr-1213	101	30	.	.	PUNCT
cblr-1213	102	1	liquidity	liquidity	NOUN
cblr-1213	102	2	refers	refer	VERB
cblr-1213	102	3	to	to	ADP
cblr-1213	102	4	how	how	SCONJ
cblr-1213	102	5	quickly	quickly	ADV
cblr-1213	102	6	or	or	CCONJ
cblr-1213	102	7	easily	easily	ADV
cblr-1213	102	8	a	a	DET
cblr-1213	102	9	fund	fund	NOUN
cblr-1213	102	10	can	can	AUX
cblr-1213	102	11	convert	convert	VERB
cblr-1213	102	12	an	an	DET
cblr-1213	102	13	asset	asset	NOUN
cblr-1213	102	14	into	into	ADP
cblr-1213	102	15	cash.7	cash.7	ADJ
cblr-1213	102	16	liquidity	liquidity	NOUN
cblr-1213	102	17	is	be	AUX
cblr-1213	102	18	central	central	ADJ
cblr-1213	102	19	to	to	ADP
cblr-1213	102	20	7	7	NUM
cblr-1213	102	21	for	for	ADP
cblr-1213	102	22	a	a	DET
cblr-1213	102	23	discussion	discussion	NOUN
cblr-1213	102	24	of	of	ADP
cblr-1213	102	25	liquidity	liquidity	NOUN
cblr-1213	102	26	generally	generally	ADV
cblr-1213	102	27	and	and	CCONJ
cblr-1213	102	28	as	as	SCONJ
cblr-1213	102	29	applied	apply	VERB
cblr-1213	102	30	to	to	ADP
cblr-1213	102	31	mutual	mutual	ADJ
cblr-1213	102	32	funds	fund	NOUN
cblr-1213	102	33	,	,	PUNCT
cblr-1213	102	34	see	see	VERB
cblr-1213	102	35	conrad	conrad	PROPN
cblr-1213	102	36	ciccotello	ciccotello	PROPN
cblr-1213	102	37	,	,	PUNCT
cblr-1213	102	38	the	the	DET
cblr-1213	102	39	nature	nature	NOUN
cblr-1213	102	40	of	of	ADP
cblr-1213	102	41	mutual	mutual	ADJ
cblr-1213	102	42	funds	fund	NOUN
cblr-1213	102	43	,	,	PUNCT
cblr-1213	102	44	in	in	ADP
cblr-1213	102	45	mutual	mutual	ADJ
cblr-1213	102	46	funds	fund	NOUN
cblr-1213	102	47	:	:	PUNCT
cblr-1213	102	48	portfolio	portfolio	NOUN
cblr-1213	102	49	structures	structure	NOUN
cblr-1213	102	50	,	,	PUNCT
cblr-1213	102	51	analysis	analysis	NOUN
cblr-1213	102	52	,	,	PUNCT
cblr-1213	102	53	management	management	NOUN
cblr-1213	102	54	,	,	PUNCT
cblr-1213	102	55	and	and	CCONJ
cblr-1213	102	56	stewardship	stewardship	NOUN
cblr-1213	102	57	1	1	NUM
cblr-1213	102	58	,	,	PUNCT
cblr-1213	102	59	5–7	5–7	NUM
cblr-1213	102	60	(	(	PUNCT
cblr-1213	102	61	john	john	PROPN
cblr-1213	102	62	a.	a.	PROPN
cblr-1213	102	63	haslem	haslem	PROPN
cblr-1213	102	64	,	,	PUNCT
cblr-1213	102	65	ed	ed	NOUN
cblr-1213	102	66	.	.	PROPN
cblr-1213	102	67	,	,	PUNCT
cblr-1213	102	68	2010	2010	NUM
cblr-1213	102	69	)	)	PUNCT
cblr-1213	102	70	.	.	PUNCT
cblr-1213	103	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	103	2	136	136	NUM
cblr-1213	103	3	columbia	columbia	PROPN
cblr-1213	103	4	business	business	NOUN
cblr-1213	103	5	law	law	NOUN
cblr-1213	103	6	review	review	NOUN
cblr-1213	103	7	[	[	X
cblr-1213	103	8	vol	vol	NOUN
cblr-1213	103	9	.	.	NOUN
cblr-1213	103	10	2018	2018	NUM
cblr-1213	103	11	mutual	mutual	ADJ
cblr-1213	103	12	funds	fund	NOUN
cblr-1213	103	13	because	because	SCONJ
cblr-1213	103	14	fund	fund	NOUN
cblr-1213	103	15	shareholders	shareholder	NOUN
cblr-1213	103	16	have	have	VERB
cblr-1213	103	17	a	a	DET
cblr-1213	103	18	right	right	NOUN
cblr-1213	103	19	to	to	PART
cblr-1213	103	20	redeem	redeem	VERB
cblr-1213	103	21	their	their	PRON
cblr-1213	103	22	fund	fund	NOUN
cblr-1213	103	23	shares	share	NOUN
cblr-1213	103	24	in	in	ADP
cblr-1213	103	25	exchange	exchange	NOUN
cblr-1213	103	26	for	for	ADP
cblr-1213	103	27	cash	cash	NOUN
cblr-1213	103	28	,	,	PUNCT
cblr-1213	103	29	calculated	calculate	VERB
cblr-1213	103	30	on	on	ADP
cblr-1213	103	31	the	the	DET
cblr-1213	103	32	fund	fund	NOUN
cblr-1213	103	33	’s	’s	PART
cblr-1213	103	34	current	current	ADJ
cblr-1213	103	35	nav.8	nav.8	PROPN
cblr-1213	103	36	funds	fund	NOUN
cblr-1213	103	37	calculate	calculate	VERB
cblr-1213	103	38	their	their	PRON
cblr-1213	103	39	nav	nav	NOUN
cblr-1213	103	40	daily	daily	ADV
cblr-1213	103	41	.	.	PUNCT
cblr-1213	104	1	it	it	PRON
cblr-1213	104	2	is	be	AUX
cblr-1213	104	3	the	the	DET
cblr-1213	104	4	price	price	NOUN
cblr-1213	104	5	at	at	ADP
cblr-1213	104	6	which	which	PRON
cblr-1213	104	7	new	new	ADJ
cblr-1213	104	8	investors	investor	NOUN
cblr-1213	104	9	buy	buy	VERB
cblr-1213	104	10	into	into	ADP
cblr-1213	104	11	a	a	DET
cblr-1213	104	12	fund	fund	NOUN
cblr-1213	104	13	and	and	CCONJ
cblr-1213	104	14	the	the	DET
cblr-1213	104	15	price	price	NOUN
cblr-1213	104	16	paid	pay	VERB
cblr-1213	104	17	to	to	ADP
cblr-1213	104	18	redeeming	redeem	VERB
cblr-1213	104	19	shareholders	shareholder	NOUN
cblr-1213	104	20	when	when	SCONJ
cblr-1213	104	21	they	they	PRON
cblr-1213	104	22	exit	exit	VERB
cblr-1213	104	23	the	the	DET
cblr-1213	104	24	fund	fund	NOUN
cblr-1213	104	25	.	.	PUNCT
cblr-1213	105	1	daily	daily	ADJ
cblr-1213	105	2	cash	cash	NOUN
cblr-1213	105	3	-	-	PUNCT
cblr-1213	105	4	out	out	NOUN
cblr-1213	105	5	or	or	CCONJ
cblr-1213	105	6	cash	cash	NOUN
cblr-1213	105	7	-	-	PUNCT
cblr-1213	105	8	in	in	ADP
cblr-1213	105	9	prices	price	NOUN
cblr-1213	105	10	(	(	PUNCT
cblr-1213	105	11	i.e.	i.e.	X
cblr-1213	105	12	,	,	PUNCT
cblr-1213	105	13	the	the	DET
cblr-1213	105	14	nav	nav	NOUN
cblr-1213	105	15	)	)	PUNCT
cblr-1213	105	16	and	and	CCONJ
cblr-1213	105	17	quick	quick	ADJ
cblr-1213	105	18	conversion	conversion	NOUN
cblr-1213	105	19	of	of	ADP
cblr-1213	105	20	mutual	mutual	ADJ
cblr-1213	105	21	fund	fund	NOUN
cblr-1213	105	22	stock	stock	NOUN
cblr-1213	105	23	to	to	ADP
cblr-1213	105	24	cash	cash	NOUN
cblr-1213	105	25	are	be	AUX
cblr-1213	105	26	defining	define	VERB
cblr-1213	105	27	features	feature	NOUN
cblr-1213	105	28	of	of	ADP
cblr-1213	105	29	open	open	ADV
cblr-1213	105	30	-	-	PUNCT
cblr-1213	105	31	ended	end	VERB
cblr-1213	105	32	mutual	mutual	ADJ
cblr-1213	105	33	funds.9	funds.9	NOUN
cblr-1213	105	34	mutual	mutual	ADJ
cblr-1213	105	35	funds	fund	NOUN
cblr-1213	105	36	are	be	AUX
cblr-1213	105	37	obligated	obligate	VERB
cblr-1213	105	38	to	to	PART
cblr-1213	105	39	respond	respond	VERB
cblr-1213	105	40	to	to	ADP
cblr-1213	105	41	a	a	DET
cblr-1213	105	42	shareholder	shareholder	NOUN
cblr-1213	105	43	’s	’s	PART
cblr-1213	105	44	redemption	redemption	NOUN
cblr-1213	105	45	and	and	CCONJ
cblr-1213	105	46	send	send	VERB
cblr-1213	105	47	cash	cash	NOUN
cblr-1213	105	48	proceeds	proceed	NOUN
cblr-1213	105	49	to	to	ADP
cblr-1213	105	50	the	the	DET
cblr-1213	105	51	shareholder	shareholder	NOUN
cblr-1213	105	52	within	within	ADP
cblr-1213	105	53	seven	seven	NUM
cblr-1213	105	54	days	day	NOUN
cblr-1213	105	55	of	of	ADP
cblr-1213	105	56	receiving	receive	VERB
cblr-1213	105	57	an	an	DET
cblr-1213	105	58	order	order	NOUN
cblr-1213	105	59	to	to	PART
cblr-1213	105	60	redeem.10	redeem.10	VERB
cblr-1213	105	61	every	every	DET
cblr-1213	105	62	shareholder	shareholder	NOUN
cblr-1213	105	63	has	have	VERB
cblr-1213	105	64	a	a	DET
cblr-1213	105	65	right	right	NOUN
cblr-1213	105	66	to	to	PART
cblr-1213	105	67	quickly	quickly	ADV
cblr-1213	105	68	cash	cash	VERB
cblr-1213	105	69	out	out	ADP
cblr-1213	105	70	of	of	ADP
cblr-1213	105	71	a	a	DET
cblr-1213	105	72	fund	fund	NOUN
cblr-1213	105	73	,	,	PUNCT
cblr-1213	105	74	making	make	VERB
cblr-1213	105	75	liquidity	liquidity	NOUN
cblr-1213	105	76	management	management	NOUN
cblr-1213	105	77	a	a	DET
cblr-1213	105	78	fundamental	fundamental	ADJ
cblr-1213	105	79	part	part	NOUN
cblr-1213	105	80	of	of	ADP
cblr-1213	105	81	the	the	DET
cblr-1213	105	82	portfolio	portfolio	NOUN
cblr-1213	105	83	manager	manager	NOUN
cblr-1213	105	84	’s	’s	PART
cblr-1213	105	85	job.11	job.11	ADJ
cblr-1213	105	86	nav	nav	NOUN
cblr-1213	105	87	is	be	AUX
cblr-1213	105	88	a	a	DET
cblr-1213	105	89	key	key	ADJ
cblr-1213	105	90	component	component	NOUN
cblr-1213	105	91	to	to	ADP
cblr-1213	105	92	understanding	understand	VERB
cblr-1213	105	93	fund	fund	NOUN
cblr-1213	105	94	share	share	NOUN
cblr-1213	105	95	dilution	dilution	NOUN
cblr-1213	105	96	and	and	CCONJ
cblr-1213	105	97	exposing	expose	VERB
cblr-1213	105	98	the	the	DET
cblr-1213	105	99	connection	connection	NOUN
cblr-1213	105	100	between	between	ADP
cblr-1213	105	101	liquidity	liquidity	NOUN
cblr-1213	105	102	and	and	CCONJ
cblr-1213	105	103	dilution	dilution	NOUN
cblr-1213	105	104	—	—	PUNCT
cblr-1213	105	105	the	the	DET
cblr-1213	105	106	sec	sec	PROPN
cblr-1213	105	107	’s	’s	PART
cblr-1213	105	108	regulatory	regulatory	ADJ
cblr-1213	105	109	aim	aim	NOUN
cblr-1213	105	110	of	of	ADP
cblr-1213	105	111	swing	swing	NOUN
cblr-1213	105	112	pricing	pricing	NOUN
cblr-1213	105	113	rules	rule	NOUN
cblr-1213	105	114	.	.	PUNCT
cblr-1213	106	1	here	here	ADV
cblr-1213	106	2	this	this	DET
cblr-1213	106	3	article	article	NOUN
cblr-1213	106	4	takes	take	VERB
cblr-1213	106	5	a	a	DET
cblr-1213	106	6	brief	brief	ADJ
cblr-1213	106	7	detour	detour	NOUN
cblr-1213	106	8	to	to	PART
cblr-1213	106	9	familiarize	familiarize	VERB
cblr-1213	106	10	readers	reader	NOUN
cblr-1213	106	11	with	with	ADP
cblr-1213	106	12	the	the	DET
cblr-1213	106	13	regulatory	regulatory	ADJ
cblr-1213	106	14	landscape	landscape	NOUN
cblr-1213	106	15	unique	unique	ADJ
cblr-1213	106	16	to	to	ADP
cblr-1213	106	17	mutual	mutual	ADJ
cblr-1213	106	18	funds	fund	NOUN
cblr-1213	106	19	.	.	PUNCT
cblr-1213	107	1	expert	expert	NOUN
cblr-1213	107	2	readers	reader	NOUN
cblr-1213	107	3	may	may	AUX
cblr-1213	107	4	wish	wish	VERB
cblr-1213	107	5	to	to	PART
cblr-1213	107	6	skip	skip	VERB
cblr-1213	107	7	to	to	ADP
cblr-1213	107	8	part	part	NOUN
cblr-1213	107	9	iii	iii	X
cblr-1213	107	10	.	.	PUNCT
cblr-1213	107	11	mutual	mutual	ADJ
cblr-1213	107	12	funds	fund	NOUN
cblr-1213	107	13	sit	sit	VERB
cblr-1213	107	14	at	at	ADP
cblr-1213	107	15	the	the	DET
cblr-1213	107	16	legislative	legislative	ADJ
cblr-1213	107	17	and	and	CCONJ
cblr-1213	107	18	administrative	administrative	ADJ
cblr-1213	107	19	intersection	intersection	NOUN
cblr-1213	107	20	of	of	ADP
cblr-1213	107	21	sec	sec	PROPN
cblr-1213	107	22	authority	authority	NOUN
cblr-1213	107	23	8	8	NUM
cblr-1213	107	24	pricing	pricing	NOUN
cblr-1213	107	25	of	of	ADP
cblr-1213	107	26	redeemable	redeemable	ADJ
cblr-1213	107	27	securities	security	NOUN
cblr-1213	107	28	for	for	ADP
cblr-1213	107	29	distribution	distribution	NOUN
cblr-1213	107	30	,	,	PUNCT
cblr-1213	107	31	redemption	redemption	NOUN
cblr-1213	107	32	and	and	CCONJ
cblr-1213	107	33	repurchase	repurchase	NOUN
cblr-1213	107	34	,	,	PUNCT
cblr-1213	107	35	17	17	NUM
cblr-1213	107	36	c.f.r	c.f.r	NOUN
cblr-1213	107	37	§	§	PROPN
cblr-1213	107	38	270.22c-1	270.22c-1	NUM
cblr-1213	107	39	(	(	PUNCT
cblr-1213	107	40	2017	2017	NUM
cblr-1213	107	41	)	)	PUNCT
cblr-1213	107	42	.	.	PUNCT
cblr-1213	108	1	9	9	NUM
cblr-1213	108	2	inv	inv	X
cblr-1213	108	3	.	.	PUNCT
cblr-1213	108	4	co.	co.	PROPN
cblr-1213	108	5	inst	inst	PROPN
cblr-1213	108	6	.	.	PROPN
cblr-1213	108	7	,	,	PUNCT
cblr-1213	108	8	comment	comment	NOUN
cblr-1213	108	9	letter	letter	NOUN
cblr-1213	108	10	on	on	ADP
cblr-1213	108	11	open	open	ADJ
cblr-1213	108	12	-	-	PUNCT
cblr-1213	108	13	end	end	NOUN
cblr-1213	108	14	fund	fund	NOUN
cblr-1213	108	15	liquidity	liquidity	NOUN
cblr-1213	108	16	management	management	NOUN
cblr-1213	108	17	programs	program	NOUN
cblr-1213	108	18	a-1	a-1	X
cblr-1213	108	19	(	(	PUNCT
cblr-1213	108	20	jan	jan	PROPN
cblr-1213	108	21	.	.	PROPN
cblr-1213	108	22	13	13	NUM
cblr-1213	108	23	,	,	PUNCT
cblr-1213	108	24	2016	2016	NUM
cblr-1213	108	25	)	)	PUNCT
cblr-1213	109	1	[	[	X
cblr-1213	109	2	hereinafter	hereinafter	NOUN
cblr-1213	109	3	inv	inv	VERB
cblr-1213	109	4	.	.	PUNCT
cblr-1213	109	5	co.	co.	PROPN
cblr-1213	109	6	inst	inst	PROPN
cblr-1213	109	7	.	.	PUNCT
cblr-1213	109	8	comment	comment	NOUN
cblr-1213	109	9	letter	letter	NOUN
cblr-1213	109	10	]	]	PUNCT
cblr-1213	109	11	,	,	PUNCT
cblr-1213	109	12	https://www.sec.gov/comments/s7-16-15/s71615-54.pdf	https://www.sec.gov/comments/s7-16-15/s71615-54.pdf	PROPN
cblr-1213	109	13	[	[	X
cblr-1213	109	14	perma.cc/e7rz-5lp5	perma.cc/e7rz-5lp5	X
cblr-1213	109	15	]	]	X
cblr-1213	109	16	.	.	PUNCT
cblr-1213	110	1	closed	close	VERB
cblr-1213	110	2	-	-	PUNCT
cblr-1213	110	3	end	end	NOUN
cblr-1213	110	4	funds	fund	NOUN
cblr-1213	110	5	are	be	AUX
cblr-1213	110	6	traded	trade	VERB
cblr-1213	110	7	in	in	ADP
cblr-1213	110	8	a	a	DET
cblr-1213	110	9	manner	manner	NOUN
cblr-1213	110	10	similar	similar	ADJ
cblr-1213	110	11	to	to	ADP
cblr-1213	110	12	stocks	stock	NOUN
cblr-1213	110	13	—	—	PUNCT
cblr-1213	110	14	in	in	ADP
cblr-1213	110	15	an	an	DET
cblr-1213	110	16	exchange	exchange	NOUN
cblr-1213	110	17	facilitated	facilitate	VERB
cblr-1213	110	18	competitive	competitive	ADJ
cblr-1213	110	19	bidding	bidding	NOUN
cblr-1213	110	20	process	process	NOUN
cblr-1213	110	21	that	that	PRON
cblr-1213	110	22	determines	determine	VERB
cblr-1213	110	23	the	the	DET
cblr-1213	110	24	price	price	NOUN
cblr-1213	110	25	as	as	SCONJ
cblr-1213	110	26	opposed	oppose	VERB
cblr-1213	110	27	to	to	ADP
cblr-1213	110	28	trading	trade	VERB
cblr-1213	110	29	at	at	ADP
cblr-1213	110	30	nav	nav	NOUN
cblr-1213	110	31	.	.	PUNCT
cblr-1213	111	1	thus	thus	ADV
cblr-1213	111	2	,	,	PUNCT
cblr-1213	111	3	a	a	DET
cblr-1213	111	4	closed	close	VERB
cblr-1213	111	5	-	-	PUNCT
cblr-1213	111	6	end	end	NOUN
cblr-1213	111	7	fund	fund	NOUN
cblr-1213	111	8	can	can	AUX
cblr-1213	111	9	trade	trade	VERB
cblr-1213	111	10	at	at	ADP
cblr-1213	111	11	a	a	DET
cblr-1213	111	12	premium	premium	NOUN
cblr-1213	111	13	or	or	CCONJ
cblr-1213	111	14	a	a	DET
cblr-1213	111	15	discount	discount	NOUN
cblr-1213	111	16	to	to	ADP
cblr-1213	111	17	its	its	PRON
cblr-1213	111	18	nav	nav	NOUN
cblr-1213	111	19	.	.	PUNCT
cblr-1213	112	1	for	for	ADP
cblr-1213	112	2	a	a	DET
cblr-1213	112	3	discussion	discussion	NOUN
cblr-1213	112	4	of	of	ADP
cblr-1213	112	5	closed	closed	ADJ
cblr-1213	112	6	-	-	PUNCT
cblr-1213	112	7	end	end	NOUN
cblr-1213	112	8	mutual	mutual	ADJ
cblr-1213	112	9	funds	fund	NOUN
cblr-1213	112	10	,	,	PUNCT
cblr-1213	112	11	see	see	VERB
cblr-1213	112	12	closed	close	VERB
cblr-1213	112	13	-	-	PUNCT
cblr-1213	112	14	end	end	NOUN
cblr-1213	112	15	fund	fund	NOUN
cblr-1213	112	16	information	information	NOUN
cblr-1213	112	17	,	,	PUNCT
cblr-1213	112	18	sec	sec	PROPN
cblr-1213	112	19	,	,	PUNCT
cblr-1213	112	20	https://www.sec.gov/fast-answers/answersmfclosehtm.html	https://www.sec.gov/fast-answers/answersmfclosehtm.html	PROPN
cblr-1213	113	1	[	[	X
cblr-1213	113	2	perma.cc/5c4n-h47	perma.cc/5c4n-h47	PROPN
cblr-1213	113	3	t	t	PROPN
cblr-1213	113	4	]	]	PUNCT
cblr-1213	113	5	.	.	PUNCT
cblr-1213	114	1	10	10	NUM
cblr-1213	114	2	swing	swing	NOUN
cblr-1213	114	3	pricing	price	VERB
cblr-1213	114	4	first	first	ADJ
cblr-1213	114	5	proposal	proposal	NOUN
cblr-1213	114	6	,	,	PUNCT
cblr-1213	114	7	supra	supra	PROPN
cblr-1213	114	8	note	note	NOUN
cblr-1213	114	9	4	4	NUM
cblr-1213	114	10	,	,	PUNCT
cblr-1213	114	11	at	at	ADP
cblr-1213	114	12	62277	62277	NUM
cblr-1213	114	13	(	(	PUNCT
cblr-1213	114	14	describing	describe	VERB
cblr-1213	114	15	quick	quick	ADJ
cblr-1213	114	16	cash	cash	NOUN
cblr-1213	114	17	conversion	conversion	NOUN
cblr-1213	114	18	as	as	ADP
cblr-1213	114	19	a	a	DET
cblr-1213	114	20	“	"	PUNCT
cblr-1213	114	21	hallmark	hallmark	NOUN
cblr-1213	114	22	”	"	PUNCT
cblr-1213	114	23	of	of	ADP
cblr-1213	114	24	open	open	ADJ
cblr-1213	114	25	-	-	PUNCT
cblr-1213	114	26	end	end	NOUN
cblr-1213	114	27	funds	fund	NOUN
cblr-1213	114	28	)	)	PUNCT
cblr-1213	114	29	.	.	PUNCT
cblr-1213	115	1	citations	citation	NOUN
cblr-1213	115	2	to	to	ADP
cblr-1213	115	3	the	the	DET
cblr-1213	115	4	proposed	propose	VERB
cblr-1213	115	5	rules	rule	NOUN
cblr-1213	115	6	are	be	AUX
cblr-1213	115	7	provided	provide	VERB
cblr-1213	115	8	in	in	ADP
cblr-1213	115	9	this	this	DET
cblr-1213	115	10	article	article	NOUN
cblr-1213	115	11	when	when	SCONJ
cblr-1213	115	12	the	the	DET
cblr-1213	115	13	proposal	proposal	NOUN
cblr-1213	115	14	contains	contain	VERB
cblr-1213	115	15	a	a	DET
cblr-1213	115	16	rich	rich	ADJ
cblr-1213	115	17	discussion	discussion	NOUN
cblr-1213	115	18	of	of	ADP
cblr-1213	115	19	the	the	DET
cblr-1213	115	20	concepts	concept	NOUN
cblr-1213	115	21	motivating	motivate	VERB
cblr-1213	115	22	the	the	DET
cblr-1213	115	23	new	new	ADJ
cblr-1213	115	24	rules	rule	NOUN
cblr-1213	115	25	,	,	PUNCT
cblr-1213	115	26	mutual	mutual	ADJ
cblr-1213	115	27	fund	fund	NOUN
cblr-1213	115	28	practices	practice	NOUN
cblr-1213	115	29	,	,	PUNCT
cblr-1213	115	30	or	or	CCONJ
cblr-1213	115	31	provisions	provision	NOUN
cblr-1213	115	32	eliminated	eliminate	VERB
cblr-1213	115	33	or	or	CCONJ
cblr-1213	115	34	differing	differ	VERB
cblr-1213	115	35	from	from	ADP
cblr-1213	115	36	the	the	DET
cblr-1213	115	37	final	final	ADJ
cblr-1213	115	38	rules	rule	NOUN
cblr-1213	115	39	.	.	PUNCT
cblr-1213	116	1	11	11	NUM
cblr-1213	116	2	inv	inv	X
cblr-1213	116	3	.	.	PUNCT
cblr-1213	116	4	co.	co.	PROPN
cblr-1213	116	5	inst	inst	PROPN
cblr-1213	116	6	.	.	PUNCT
cblr-1213	116	7	comment	comment	NOUN
cblr-1213	116	8	letter	letter	NOUN
cblr-1213	116	9	,	,	PUNCT
cblr-1213	116	10	supra	supra	PROPN
cblr-1213	116	11	note	note	NOUN
cblr-1213	116	12	9	9	NUM
cblr-1213	116	13	;	;	PUNCT
cblr-1213	116	14	see	see	VERB
cblr-1213	116	15	also	also	ADV
cblr-1213	116	16	ciccotello	ciccotello	PROPN
cblr-1213	116	17	,	,	PUNCT
cblr-1213	116	18	supra	supra	PROPN
cblr-1213	116	19	note	note	PROPN
cblr-1213	116	20	7	7	NUM
cblr-1213	116	21	,	,	PUNCT
cblr-1213	116	22	at	at	ADP
cblr-1213	116	23	6	6	NUM
cblr-1213	116	24	(	(	PUNCT
cblr-1213	116	25	“	"	PUNCT
cblr-1213	116	26	[	[	X
cblr-1213	116	27	a]n	a]n	ADJ
cblr-1213	116	28	open	open	ADJ
cblr-1213	116	29	-	-	PUNCT
cblr-1213	116	30	end	end	NOUN
cblr-1213	116	31	fund	fund	NOUN
cblr-1213	116	32	manager	manager	NOUN
cblr-1213	116	33	must	must	AUX
cblr-1213	116	34	not	not	PART
cblr-1213	116	35	only	only	ADV
cblr-1213	116	36	select	select	VERB
cblr-1213	116	37	securities	security	NOUN
cblr-1213	116	38	but	but	CCONJ
cblr-1213	116	39	also	also	ADV
cblr-1213	116	40	manages	manage	VERB
cblr-1213	116	41	the	the	DET
cblr-1213	116	42	portfolio	portfolio	NOUN
cblr-1213	116	43	with	with	ADP
cblr-1213	116	44	an	an	DET
cblr-1213	116	45	eye	eye	NOUN
cblr-1213	116	46	toward	toward	ADP
cblr-1213	116	47	daily	daily	ADJ
cblr-1213	116	48	flow	flow	NOUN
cblr-1213	116	49	into	into	ADP
cblr-1213	116	50	and	and	CCONJ
cblr-1213	116	51	out	out	ADP
cblr-1213	116	52	of	of	ADP
cblr-1213	116	53	the	the	DET
cblr-1213	116	54	fund	fund	NOUN
cblr-1213	116	55	.	.	PUNCT
cblr-1213	116	56	”	"	PUNCT
cblr-1213	116	57	)	)	PUNCT
cblr-1213	116	58	.	.	PUNCT
cblr-1213	117	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	118	1	no	no	INTJ
cblr-1213	118	2	.	.	PUNCT
cblr-1213	119	1	1:130	1:130	NUM
cblr-1213	119	2	]	]	X
cblr-1213	119	3	will	will	AUX
cblr-1213	119	4	swing	swing	VERB
cblr-1213	119	5	pricing	pricing	NOUN
cblr-1213	119	6	save	save	VERB
cblr-1213	119	7	sedentary	sedentary	ADJ
cblr-1213	119	8	shareholders	shareholder	NOUN
cblr-1213	119	9	?	?	PUNCT
cblr-1213	120	1	137	137	NUM
cblr-1213	120	2	under	under	ADP
cblr-1213	120	3	the	the	DET
cblr-1213	120	4	securities	security	NOUN
cblr-1213	120	5	act	act	NOUN
cblr-1213	120	6	of	of	ADP
cblr-1213	120	7	1933	1933	NUM
cblr-1213	120	8	,	,	PUNCT
cblr-1213	120	9	the	the	DET
cblr-1213	120	10	exchange	exchange	NOUN
cblr-1213	120	11	act	act	NOUN
cblr-1213	120	12	of	of	ADP
cblr-1213	120	13	1934	1934	NUM
cblr-1213	120	14	,	,	PUNCT
cblr-1213	120	15	the	the	DET
cblr-1213	120	16	investment	investment	NOUN
cblr-1213	120	17	advisors	advisor	NOUN
cblr-1213	120	18	act	act	VERB
cblr-1213	120	19	of	of	ADP
cblr-1213	120	20	1940	1940	NUM
cblr-1213	120	21	,	,	PUNCT
cblr-1213	120	22	and	and	CCONJ
cblr-1213	120	23	the	the	DET
cblr-1213	120	24	investment	investment	NOUN
cblr-1213	120	25	company	company	NOUN
cblr-1213	120	26	act	act	NOUN
cblr-1213	120	27	of	of	ADP
cblr-1213	120	28	1940.12	1940.12	NUM
cblr-1213	120	29	maintaining	maintain	VERB
cblr-1213	120	30	its	its	PRON
cblr-1213	120	31	mandate	mandate	NOUN
cblr-1213	120	32	to	to	PART
cblr-1213	120	33	protect	protect	VERB
cblr-1213	120	34	investors	investor	NOUN
cblr-1213	120	35	,	,	PUNCT
cblr-1213	120	36	the	the	DET
cblr-1213	120	37	sec	sec	PROPN
cblr-1213	120	38	released	release	VERB
cblr-1213	120	39	sweeping	sweeping	ADJ
cblr-1213	120	40	liquidity	liquidity	NOUN
cblr-1213	120	41	management	management	NOUN
cblr-1213	120	42	rules	rule	NOUN
cblr-1213	120	43	and	and	CCONJ
cblr-1213	120	44	announced	announce	VERB
cblr-1213	120	45	“	"	PUNCT
cblr-1213	120	46	evaluation	evaluation	NOUN
cblr-1213	120	47	of	of	ADP
cblr-1213	120	48	.	.	PUNCT
cblr-1213	120	49	.	.	PUNCT
cblr-1213	120	50	.	.	PUNCT
cblr-1213	121	1	investment	investment	NOUN
cblr-1213	121	2	advisers	adviser	NOUN
cblr-1213	121	3	’	’	PART
cblr-1213	121	4	liquidity	liquidity	NOUN
cblr-1213	121	5	risk	risk	NOUN
cblr-1213	121	6	management	management	NOUN
cblr-1213	121	7	practices	practice	NOUN
cblr-1213	121	8	”	"	PUNCT
cblr-1213	121	9	as	as	ADP
cblr-1213	121	10	an	an	DET
cblr-1213	121	11	examination	examination	NOUN
cblr-1213	121	12	priority.13	priority.13	NOUN
cblr-1213	121	13	changes	change	NOUN
cblr-1213	121	14	to	to	ADP
cblr-1213	121	15	the	the	DET
cblr-1213	121	16	mutual	mutual	ADJ
cblr-1213	121	17	fund	fund	NOUN
cblr-1213	121	18	industry	industry	NOUN
cblr-1213	121	19	drove	drive	VERB
cblr-1213	121	20	this	this	DET
cblr-1213	121	21	liquidity	liquidity	NOUN
cblr-1213	121	22	regulation	regulation	NOUN
cblr-1213	121	23	.	.	PUNCT
cblr-1213	122	1	according	accord	VERB
cblr-1213	122	2	to	to	ADP
cblr-1213	122	3	research	research	NOUN
cblr-1213	122	4	by	by	ADP
cblr-1213	122	5	the	the	DET
cblr-1213	122	6	sec	sec	PROPN
cblr-1213	122	7	’s	’s	PART
cblr-1213	122	8	division	division	NOUN
cblr-1213	122	9	of	of	ADP
cblr-1213	122	10	economic	economic	ADJ
cblr-1213	122	11	and	and	CCONJ
cblr-1213	122	12	risk	risk	NOUN
cblr-1213	122	13	analysis	analysis	NOUN
cblr-1213	122	14	(	(	PUNCT
cblr-1213	122	15	the	the	DET
cblr-1213	122	16	“	"	PUNCT
cblr-1213	122	17	dera	dera	NOUN
cblr-1213	122	18	”	"	PUNCT
cblr-1213	122	19	)	)	PUNCT
cblr-1213	122	20	from	from	ADP
cblr-1213	122	21	2000–2014	2000–2014	NUM
cblr-1213	122	22	,	,	PUNCT
cblr-1213	122	23	mutual	mutual	ADJ
cblr-1213	122	24	funds	fund	NOUN
cblr-1213	122	25	’	'	PUNCT
cblr-1213	122	26	investments	investment	NOUN
cblr-1213	122	27	in	in	ADP
cblr-1213	122	28	less	less	ADJ
cblr-1213	122	29	liquid	liquid	ADJ
cblr-1213	122	30	asset	asset	NOUN
cblr-1213	122	31	classes	class	NOUN
cblr-1213	122	32	grew	grow	VERB
cblr-1213	122	33	significantly	significantly	ADV
cblr-1213	122	34	,	,	PUNCT
cblr-1213	122	35	with	with	ADP
cblr-1213	122	36	foreign	foreign	ADJ
cblr-1213	122	37	bond	bond	NOUN
cblr-1213	122	38	and	and	CCONJ
cblr-1213	122	39	equity	equity	NOUN
cblr-1213	122	40	funds	fund	NOUN
cblr-1213	122	41	growing	grow	VERB
cblr-1213	122	42	from	from	ADP
cblr-1213	122	43	11	11	NUM
cblr-1213	122	44	%	%	NOUN
cblr-1213	122	45	to	to	ADP
cblr-1213	122	46	17.4	17.4	NUM
cblr-1213	122	47	%	%	NOUN
cblr-1213	122	48	of	of	ADP
cblr-1213	122	49	total	total	NOUN
cblr-1213	122	50	us	us	PROPN
cblr-1213	122	51	mutual	mutual	ADJ
cblr-1213	122	52	fund	fund	NOUN
cblr-1213	122	53	industry	industry	NOUN
cblr-1213	122	54	assets	asset	NOUN
cblr-1213	122	55	,	,	PUNCT
cblr-1213	122	56	12	12	NUM
cblr-1213	122	57	congress	congress	PROPN
cblr-1213	122	58	created	create	VERB
cblr-1213	122	59	the	the	DET
cblr-1213	122	60	sec	sec	PROPN
cblr-1213	122	61	to	to	PART
cblr-1213	122	62	regulate	regulate	VERB
cblr-1213	122	63	the	the	DET
cblr-1213	122	64	u.s	u.s	PROPN
cblr-1213	122	65	.	.	PROPN
cblr-1213	122	66	securities	security	NOUN
cblr-1213	122	67	market	market	NOUN
cblr-1213	122	68	with	with	ADP
cblr-1213	122	69	the	the	DET
cblr-1213	122	70	passage	passage	NOUN
cblr-1213	122	71	of	of	ADP
cblr-1213	122	72	the	the	DET
cblr-1213	122	73	securities	security	NOUN
cblr-1213	122	74	act	act	NOUN
cblr-1213	122	75	of	of	ADP
cblr-1213	122	76	1933	1933	NUM
cblr-1213	122	77	and	and	CCONJ
cblr-1213	122	78	the	the	DET
cblr-1213	122	79	securities	securities	PROPN
cblr-1213	122	80	exchange	exchange	PROPN
cblr-1213	122	81	act	act	NOUN
cblr-1213	122	82	of	of	ADP
cblr-1213	122	83	1934	1934	NUM
cblr-1213	122	84	,	,	PUNCT
cblr-1213	122	85	and	and	CCONJ
cblr-1213	122	86	designed	design	VERB
cblr-1213	122	87	it	it	PRON
cblr-1213	122	88	“	"	PUNCT
cblr-1213	122	89	to	to	PART
cblr-1213	122	90	restore	restore	VERB
cblr-1213	122	91	investor	investor	NOUN
cblr-1213	122	92	confidence	confidence	NOUN
cblr-1213	122	93	”	"	PUNCT
cblr-1213	122	94	in	in	ADP
cblr-1213	122	95	the	the	DET
cblr-1213	122	96	markets	market	NOUN
cblr-1213	122	97	.	.	PUNCT
cblr-1213	123	1	securities	security	NOUN
cblr-1213	123	2	act	act	PROPN
cblr-1213	123	3	of	of	ADP
cblr-1213	123	4	1933	1933	NUM
cblr-1213	123	5	,	,	PUNCT
cblr-1213	123	6	pub	pub	NOUN
cblr-1213	123	7	.	.	PUNCT
cblr-1213	124	1	l.	l.	PROPN
cblr-1213	124	2	no	no	INTJ
cblr-1213	124	3	.	.	PUNCT
cblr-1213	125	1	73	73	NUM
cblr-1213	125	2	-	-	SYM
cblr-1213	125	3	22	22	NUM
cblr-1213	125	4	,	,	PUNCT
cblr-1213	125	5	48	48	NUM
cblr-1213	125	6	stat	stat	NOUN
cblr-1213	125	7	.	.	PUNCT
cblr-1213	126	1	74	74	NUM
cblr-1213	126	2	(	(	PUNCT
cblr-1213	126	3	codified	codify	VERB
cblr-1213	126	4	as	as	SCONJ
cblr-1213	126	5	amended	amend	VERB
cblr-1213	126	6	at	at	ADP
cblr-1213	126	7	15	15	NUM
cblr-1213	126	8	u.s.c	u.s.c	ADJ
cblr-1213	126	9	.	.	PUNCT
cblr-1213	127	1	§	§	PROPN
cblr-1213	127	2	77a	77a	NOUN
cblr-1213	127	3	(	(	PUNCT
cblr-1213	127	4	2017	2017	NUM
cblr-1213	127	5	)	)	PUNCT
cblr-1213	127	6	)	)	PUNCT
cblr-1213	127	7	;	;	PUNCT
cblr-1213	127	8	securities	security	NOUN
cblr-1213	127	9	exchange	exchange	PROPN
cblr-1213	127	10	act	act	NOUN
cblr-1213	127	11	of	of	ADP
cblr-1213	127	12	1934	1934	NUM
cblr-1213	127	13	,	,	PUNCT
cblr-1213	127	14	pub	pub	NOUN
cblr-1213	127	15	.	.	PUNCT
cblr-1213	128	1	l.	l.	PROPN
cblr-1213	128	2	no	no	INTJ
cblr-1213	128	3	.	.	PROPN
cblr-1213	129	1	73291	73291	NUM
cblr-1213	129	2	,	,	PUNCT
cblr-1213	129	3	48	48	NUM
cblr-1213	129	4	stat	stat	NOUN
cblr-1213	129	5	.	.	PUNCT
cblr-1213	130	1	881	881	NUM
cblr-1213	130	2	(	(	PUNCT
cblr-1213	130	3	codified	codify	VERB
cblr-1213	130	4	as	as	SCONJ
cblr-1213	130	5	amended	amend	VERB
cblr-1213	130	6	at	at	ADP
cblr-1213	130	7	15	15	NUM
cblr-1213	130	8	u.s.c	u.s.c	ADJ
cblr-1213	130	9	.	.	PUNCT
cblr-1213	131	1	§	§	PROPN
cblr-1213	131	2	78a	78a	NOUN
cblr-1213	131	3	(	(	PUNCT
cblr-1213	131	4	2017	2017	NUM
cblr-1213	131	5	)	)	PUNCT
cblr-1213	131	6	)	)	PUNCT
cblr-1213	131	7	.	.	PUNCT
cblr-1213	132	1	see	see	VERB
cblr-1213	132	2	also	also	ADV
cblr-1213	132	3	what	what	PRON
cblr-1213	132	4	we	we	PRON
cblr-1213	132	5	do	do	VERB
cblr-1213	132	6	,	,	PUNCT
cblr-1213	132	7	sec	sec	PROPN
cblr-1213	132	8	,	,	PUNCT
cblr-1213	132	9	https://www.sec.gov/about/whatwedo.shtml	https://www.sec.gov/about/whatwedo.shtml	NOUN
cblr-1213	133	1	[	[	X
cblr-1213	133	2	perma.cc/q3dk-w253	perma.cc/q3dk-w253	X
cblr-1213	133	3	]	]	PUNCT
cblr-1213	133	4	.	.	PUNCT
cblr-1213	134	1	in	in	ADP
cblr-1213	134	2	1940	1940	NUM
cblr-1213	134	3	,	,	PUNCT
cblr-1213	134	4	congress	congress	PROPN
cblr-1213	134	5	again	again	ADV
cblr-1213	134	6	acted	act	VERB
cblr-1213	134	7	to	to	PART
cblr-1213	134	8	pass	pass	VERB
cblr-1213	134	9	the	the	DET
cblr-1213	134	10	investment	investment	NOUN
cblr-1213	134	11	company	company	NOUN
cblr-1213	134	12	act	act	VERB
cblr-1213	134	13	and	and	CCONJ
cblr-1213	134	14	investment	investment	NOUN
cblr-1213	134	15	advisers	adviser	NOUN
cblr-1213	134	16	act	act	VERB
cblr-1213	134	17	in	in	ADP
cblr-1213	134	18	order	order	NOUN
cblr-1213	134	19	to	to	PART
cblr-1213	134	20	regulate	regulate	VERB
cblr-1213	134	21	companies	company	NOUN
cblr-1213	134	22	,	,	PUNCT
cblr-1213	134	23	including	include	VERB
cblr-1213	134	24	investment	investment	NOUN
cblr-1213	134	25	companies	company	NOUN
cblr-1213	134	26	(	(	PUNCT
cblr-1213	134	27	commonly	commonly	ADV
cblr-1213	134	28	called	call	VERB
cblr-1213	134	29	mutual	mutual	ADJ
cblr-1213	134	30	funds	fund	NOUN
cblr-1213	134	31	)	)	PUNCT
cblr-1213	134	32	and	and	CCONJ
cblr-1213	134	33	the	the	DET
cblr-1213	134	34	investment	investment	NOUN
cblr-1213	134	35	advisers	adviser	NOUN
cblr-1213	134	36	that	that	PRON
cblr-1213	134	37	manage	manage	VERB
cblr-1213	134	38	mutual	mutual	ADJ
cblr-1213	134	39	funds	fund	NOUN
cblr-1213	134	40	.	.	PUNCT
cblr-1213	135	1	see	see	VERB
cblr-1213	135	2	investment	investment	NOUN
cblr-1213	135	3	company	company	NOUN
cblr-1213	135	4	act	act	NOUN
cblr-1213	135	5	of	of	ADP
cblr-1213	135	6	1940	1940	NUM
cblr-1213	135	7	,	,	PUNCT
cblr-1213	135	8	pub	pub	NOUN
cblr-1213	135	9	.	.	PUNCT
cblr-1213	136	1	l.	l.	PROPN
cblr-1213	136	2	no	no	INTJ
cblr-1213	136	3	.	.	PROPN
cblr-1213	137	1	76	76	NUM
cblr-1213	137	2	-	-	SYM
cblr-1213	137	3	768	768	NUM
cblr-1213	137	4	,	,	PUNCT
cblr-1213	137	5	54	54	NUM
cblr-1213	137	6	stat	stat	NOUN
cblr-1213	137	7	.	.	PUNCT
cblr-1213	138	1	789	789	NUM
cblr-1213	138	2	(	(	PUNCT
cblr-1213	138	3	codified	codify	VERB
cblr-1213	138	4	as	as	SCONJ
cblr-1213	138	5	amended	amend	VERB
cblr-1213	138	6	at	at	ADP
cblr-1213	138	7	15	15	NUM
cblr-1213	138	8	u.s.c	u.s.c	ADJ
cblr-1213	138	9	.	.	PUNCT
cblr-1213	139	1	§	§	PROPN
cblr-1213	139	2	80a-1	80a-1	PROPN
cblr-1213	139	3	to	to	ADP
cblr-1213	139	4	80a-64	80a-64	NUM
cblr-1213	139	5	(	(	PUNCT
cblr-1213	139	6	2017	2017	NUM
cblr-1213	139	7	)	)	PUNCT
cblr-1213	139	8	)	)	PUNCT
cblr-1213	139	9	;	;	PUNCT
cblr-1213	139	10	investment	investment	NOUN
cblr-1213	139	11	advisers	adviser	NOUN
cblr-1213	139	12	act	act	VERB
cblr-1213	139	13	of	of	ADP
cblr-1213	139	14	1940	1940	NUM
cblr-1213	139	15	,	,	PUNCT
cblr-1213	139	16	pub	pub	NOUN
cblr-1213	139	17	.	.	PUNCT
cblr-1213	140	1	l.	l.	PROPN
cblr-1213	140	2	no	no	INTJ
cblr-1213	140	3	.	.	PROPN
cblr-1213	141	1	76	76	NUM
cblr-1213	141	2	-	-	SYM
cblr-1213	141	3	768	768	NUM
cblr-1213	141	4	,	,	PUNCT
cblr-1213	141	5	54	54	NUM
cblr-1213	141	6	stat	stat	NOUN
cblr-1213	141	7	.	.	PUNCT
cblr-1213	142	1	847	847	NUM
cblr-1213	142	2	(	(	PUNCT
cblr-1213	142	3	codified	codify	VERB
cblr-1213	142	4	as	as	SCONJ
cblr-1213	142	5	amended	amend	VERB
cblr-1213	142	6	at	at	ADP
cblr-1213	142	7	15	15	NUM
cblr-1213	142	8	u.s.c	u.s.c	ADJ
cblr-1213	142	9	.	.	PUNCT
cblr-1213	143	1	§	§	PROPN
cblr-1213	143	2	80b-1	80b-1	PROPN
cblr-1213	143	3	to	to	ADP
cblr-1213	143	4	80b-21	80b-21	NUM
cblr-1213	143	5	(	(	PUNCT
cblr-1213	143	6	2017	2017	NUM
cblr-1213	143	7	)	)	PUNCT
cblr-1213	143	8	)	)	PUNCT
cblr-1213	143	9	.	.	PUNCT
cblr-1213	144	1	the	the	DET
cblr-1213	144	2	sarbanes	sarbanes	PROPN
cblr-1213	144	3	-	-	PUNCT
cblr-1213	144	4	oxley	oxley	ADJ
cblr-1213	144	5	act	act	NOUN
cblr-1213	144	6	of	of	ADP
cblr-1213	144	7	2002	2002	NUM
cblr-1213	144	8	and	and	CCONJ
cblr-1213	144	9	the	the	DET
cblr-1213	144	10	dodd	dodd	PROPN
cblr-1213	144	11	-	-	PUNCT
cblr-1213	144	12	frank	frank	PROPN
cblr-1213	144	13	wall	wall	PROPN
cblr-1213	144	14	street	street	PROPN
cblr-1213	144	15	reform	reform	PROPN
cblr-1213	144	16	and	and	CCONJ
cblr-1213	144	17	consumer	consumer	NOUN
cblr-1213	144	18	protection	protection	PROPN
cblr-1213	144	19	act	act	NOUN
cblr-1213	144	20	of	of	ADP
cblr-1213	144	21	2010	2010	NUM
cblr-1213	144	22	are	be	AUX
cblr-1213	144	23	two	two	NUM
cblr-1213	144	24	prime	prime	ADJ
cblr-1213	144	25	instances	instance	NOUN
cblr-1213	144	26	of	of	ADP
cblr-1213	144	27	legislation	legislation	NOUN
cblr-1213	144	28	that	that	PRON
cblr-1213	144	29	stemmed	stem	VERB
cblr-1213	144	30	from	from	ADP
cblr-1213	144	31	events	event	NOUN
cblr-1213	144	32	significantly	significantly	ADV
cblr-1213	144	33	affecting	affect	VERB
cblr-1213	144	34	the	the	DET
cblr-1213	144	35	everchanging	everchanging	NOUN
cblr-1213	144	36	markets	market	NOUN
cblr-1213	144	37	,	,	PUNCT
cblr-1213	144	38	and	and	CCONJ
cblr-1213	144	39	from	from	ADP
cblr-1213	144	40	which	which	PRON
cblr-1213	144	41	the	the	DET
cblr-1213	144	42	sec	sec	PROPN
cblr-1213	144	43	drew	draw	VERB
cblr-1213	144	44	new	new	ADJ
cblr-1213	144	45	regulations	regulation	NOUN
cblr-1213	144	46	and	and	CCONJ
cblr-1213	144	47	oversight	oversight	NOUN
cblr-1213	144	48	functions	function	NOUN
cblr-1213	144	49	.	.	PUNCT
cblr-1213	145	1	sarbanes	sarbane	NOUN
cblr-1213	145	2	-	-	PUNCT
cblr-1213	145	3	oxley	oxley	ADJ
cblr-1213	145	4	act	act	NOUN
cblr-1213	145	5	of	of	ADP
cblr-1213	145	6	2002	2002	NUM
cblr-1213	145	7	,	,	PUNCT
cblr-1213	145	8	15	15	NUM
cblr-1213	145	9	u.s.c	u.s.c	ADJ
cblr-1213	145	10	.	.	PUNCT
cblr-1213	146	1	§	§	PROPN
cblr-1213	146	2	7201	7201	NUM
cblr-1213	146	3	(	(	PUNCT
cblr-1213	146	4	2002	2002	NUM
cblr-1213	146	5	)	)	PUNCT
cblr-1213	146	6	;	;	PUNCT
cblr-1213	146	7	doddfrank	doddfrank	PROPN
cblr-1213	146	8	wall	wall	PROPN
cblr-1213	146	9	street	street	PROPN
cblr-1213	146	10	reform	reform	PROPN
cblr-1213	146	11	and	and	CCONJ
cblr-1213	146	12	consumer	consumer	NOUN
cblr-1213	146	13	protection	protection	PROPN
cblr-1213	146	14	act	act	PROPN
cblr-1213	146	15	,	,	PUNCT
cblr-1213	146	16	12	12	NUM
cblr-1213	146	17	u.s.c	u.s.c	ADJ
cblr-1213	146	18	.	.	PUNCT
cblr-1213	147	1	§	§	PROPN
cblr-1213	147	2	5301	5301	NUM
cblr-1213	147	3	(	(	PUNCT
cblr-1213	147	4	2010	2010	NUM
cblr-1213	147	5	)	)	PUNCT
cblr-1213	147	6	.	.	PUNCT
cblr-1213	148	1	13	13	NUM
cblr-1213	148	2	press	press	NOUN
cblr-1213	148	3	release	release	NOUN
cblr-1213	148	4	,	,	PUNCT
cblr-1213	148	5	sec	sec	PROPN
cblr-1213	148	6	,	,	PUNCT
cblr-1213	148	7	sec	sec	PROPN
cblr-1213	148	8	announces	announce	VERB
cblr-1213	148	9	2016	2016	NUM
cblr-1213	148	10	examination	examination	NOUN
cblr-1213	148	11	priorities	priority	NOUN
cblr-1213	148	12	(	(	PUNCT
cblr-1213	148	13	jan	jan	PROPN
cblr-1213	148	14	.	.	PROPN
cblr-1213	148	15	11	11	NUM
cblr-1213	148	16	,	,	PUNCT
cblr-1213	148	17	2016	2016	NUM
cblr-1213	148	18	)	)	PUNCT
cblr-1213	148	19	,	,	PUNCT
cblr-1213	148	20	https://www.sec.gov/news/pressrelease/2016-4.html	https://www.sec.gov/news/pressrelease/2016-4.html	PROPN
cblr-1213	149	1	[	[	X
cblr-1213	149	2	perma.cc/6qcj-7uhf	perma.cc/6qcj-7uhf	X
cblr-1213	149	3	]	]	PUNCT
cblr-1213	149	4	.	.	PUNCT
cblr-1213	150	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	150	2	138	138	NUM
cblr-1213	150	3	columbia	columbia	PROPN
cblr-1213	150	4	business	business	NOUN
cblr-1213	150	5	law	law	PROPN
cblr-1213	150	6	review	review	NOUN
cblr-1213	150	7	[	[	X
cblr-1213	150	8	vol	vol	NOUN
cblr-1213	150	9	.	.	NOUN
cblr-1213	150	10	2018	2018	NUM
cblr-1213	150	11	as	as	ADP
cblr-1213	150	12	an	an	DET
cblr-1213	150	13	example.14	example.14	PROPN
cblr-1213	150	14	in	in	ADP
cblr-1213	150	15	particular	particular	ADJ
cblr-1213	150	16	,	,	PUNCT
cblr-1213	150	17	alternative	alternative	ADJ
cblr-1213	150	18	asset	asset	NOUN
cblr-1213	150	19	class15	class15	NOUN
cblr-1213	150	20	mutual	mutual	ADJ
cblr-1213	150	21	fund	fund	NOUN
cblr-1213	150	22	strategies	strategy	NOUN
cblr-1213	150	23	grew	grow	VERB
cblr-1213	150	24	from	from	ADP
cblr-1213	150	25	total	total	ADJ
cblr-1213	150	26	assets	asset	NOUN
cblr-1213	150	27	of	of	ADP
cblr-1213	150	28	$	$	SYM
cblr-1213	150	29	365	365	NUM
cblr-1213	150	30	million	million	NUM
cblr-1213	150	31	in	in	ADP
cblr-1213	150	32	2005	2005	NUM
cblr-1213	150	33	to	to	ADP
cblr-1213	150	34	$	$	SYM
cblr-1213	150	35	334	334	NUM
cblr-1213	150	36	billion	billion	NUM
cblr-1213	150	37	in	in	ADP
cblr-1213	150	38	2014	2014	NUM
cblr-1213	150	39	—	—	PUNCT
cblr-1213	150	40	a	a	DET
cblr-1213	150	41	faster	fast	ADJ
cblr-1213	150	42	rate	rate	NOUN
cblr-1213	150	43	than	than	ADP
cblr-1213	150	44	any	any	DET
cblr-1213	150	45	other	other	ADJ
cblr-1213	150	46	asset	asset	NOUN
cblr-1213	150	47	class.16	class.16	NOUN
cblr-1213	150	48	alternative	alternative	ADJ
cblr-1213	150	49	strategies	strategy	NOUN
cblr-1213	150	50	typically	typically	ADV
cblr-1213	150	51	experience	experience	VERB
cblr-1213	150	52	more	more	ADJ
cblr-1213	150	53	volatility	volatility	NOUN
cblr-1213	150	54	when	when	SCONJ
cblr-1213	150	55	compared	compare	VERB
cblr-1213	150	56	to	to	ADP
cblr-1213	150	57	mutual	mutual	ADJ
cblr-1213	150	58	funds	fund	NOUN
cblr-1213	150	59	holding	hold	VERB
cblr-1213	150	60	traditional	traditional	ADJ
cblr-1213	150	61	asset	asset	NOUN
cblr-1213	150	62	classes,17	classes,17	NOUN
cblr-1213	150	63	which	which	PRON
cblr-1213	150	64	equates	equate	VERB
cblr-1213	150	65	to	to	ADP
cblr-1213	150	66	less	less	ADJ
cblr-1213	150	67	liquidity	liquidity	NOUN
cblr-1213	150	68	.	.	PUNCT
cblr-1213	151	1	dera	dera	NOUN
cblr-1213	151	2	’s	’s	PART
cblr-1213	151	3	empirical	empirical	ADJ
cblr-1213	151	4	results	result	NOUN
cblr-1213	151	5	show	show	VERB
cblr-1213	151	6	that	that	SCONJ
cblr-1213	151	7	when	when	SCONJ
cblr-1213	151	8	an	an	DET
cblr-1213	151	9	average	average	ADJ
cblr-1213	151	10	equity	equity	NOUN
cblr-1213	151	11	fund	fund	NOUN
cblr-1213	151	12	experiences	experience	VERB
cblr-1213	151	13	an	an	DET
cblr-1213	151	14	outflow	outflow	NOUN
cblr-1213	151	15	,	,	PUNCT
cblr-1213	151	16	liquidity	liquidity	NOUN
cblr-1213	151	17	decreases.18	decreases.18	PROPN
cblr-1213	151	18	significantly	significantly	ADV
cblr-1213	151	19	,	,	PUNCT
cblr-1213	151	20	a	a	DET
cblr-1213	151	21	fund	fund	NOUN
cblr-1213	151	22	with	with	ADP
cblr-1213	151	23	fewer	few	ADJ
cblr-1213	151	24	assets	asset	NOUN
cblr-1213	151	25	and	and	CCONJ
cblr-1213	151	26	less	less	ADJ
cblr-1213	151	27	equities	equity	NOUN
cblr-1213	151	28	may	may	AUX
cblr-1213	151	29	experience	experience	VERB
cblr-1213	151	30	a	a	DET
cblr-1213	151	31	greater	great	ADJ
cblr-1213	151	32	liquidity	liquidity	NOUN
cblr-1213	151	33	reduction.19	reduction.19	NOUN
cblr-1213	151	34	the	the	DET
cblr-1213	151	35	continued	continue	VERB
cblr-1213	151	36	growth	growth	NOUN
cblr-1213	151	37	in	in	ADP
cblr-1213	151	38	mutual	mutual	ADJ
cblr-1213	151	39	fund	fund	NOUN
cblr-1213	151	40	assets	asset	NOUN
cblr-1213	151	41	as	as	ADP
cblr-1213	151	42	a	a	DET
cblr-1213	151	43	whole	whole	NOUN
cblr-1213	151	44	demonstrates	demonstrate	VERB
cblr-1213	151	45	investor	investor	NOUN
cblr-1213	151	46	reliance	reliance	NOUN
cblr-1213	151	47	on	on	ADP
cblr-1213	151	48	funds	fund	NOUN
cblr-1213	151	49	to	to	PART
cblr-1213	151	50	meet	meet	VERB
cblr-1213	151	51	financial	financial	ADJ
cblr-1213	151	52	savings	saving	NOUN
cblr-1213	151	53	needs.20	needs.20	PROPN
cblr-1213	151	54	mutual	mutual	ADJ
cblr-1213	151	55	funds	fund	NOUN
cblr-1213	151	56	’	'	PUNCT
cblr-1213	151	57	importance	importance	NOUN
cblr-1213	151	58	to	to	ADP
cblr-1213	151	59	savings	saving	NOUN
cblr-1213	151	60	for	for	ADP
cblr-1213	151	61	individual	individual	ADJ
cblr-1213	151	62	and	and	CCONJ
cblr-1213	151	63	systemic	systemic	ADJ
cblr-1213	151	64	financial	financial	ADJ
cblr-1213	151	65	stability	stability	NOUN
cblr-1213	151	66	,	,	PUNCT
cblr-1213	151	67	coupled	couple	VERB
cblr-1213	151	68	with	with	ADP
cblr-1213	151	69	increased	increase	VERB
cblr-1213	151	70	liquidity	liquidity	NOUN
cblr-1213	151	71	vulnerabilities	vulnerability	NOUN
cblr-1213	151	72	in	in	ADP
cblr-1213	151	73	new	new	ADJ
cblr-1213	151	74	fund	fund	NOUN
cblr-1213	151	75	types	type	NOUN
cblr-1213	151	76	,	,	PUNCT
cblr-1213	151	77	prompted	prompt	VERB
cblr-1213	151	78	the	the	DET
cblr-1213	151	79	sec	sec	PROPN
cblr-1213	151	80	to	to	PART
cblr-1213	151	81	propose	propose	VERB
cblr-1213	151	82	a	a	DET
cblr-1213	151	83	suite	suite	NOUN
cblr-1213	151	84	of	of	ADP
cblr-1213	151	85	liquidity	liquidity	NOUN
cblr-1213	151	86	risk	risk	NOUN
cblr-1213	151	87	management	management	NOUN
cblr-1213	151	88	rules	rule	NOUN
cblr-1213	151	89	,	,	PUNCT
cblr-1213	151	90	including	include	VERB
cblr-1213	151	91	a	a	DET
cblr-1213	151	92	proposal	proposal	NOUN
cblr-1213	151	93	on	on	ADP
cblr-1213	151	94	swing	swing	NOUN
cblr-1213	151	95	pricing.21	pricing.21	PROPN
cblr-1213	151	96	14	14	NUM
cblr-1213	151	97	memorandum	memorandum	NOUN
cblr-1213	151	98	from	from	ADP
cblr-1213	151	99	paul	paul	PROPN
cblr-1213	151	100	hanoua	hanoua	PROPN
cblr-1213	151	101	et	et	PROPN
cblr-1213	151	102	al	al	PROPN
cblr-1213	151	103	.	.	PROPN
cblr-1213	151	104	,	,	PUNCT
cblr-1213	151	105	div	div	PROPN
cblr-1213	151	106	.	.	PROPN
cblr-1213	151	107	of	of	ADP
cblr-1213	151	108	econ	econ	PROPN
cblr-1213	151	109	.	.	PUNCT
cblr-1213	152	1	&	&	CCONJ
cblr-1213	152	2	risk	risk	VERB
cblr-1213	152	3	analysis	analysis	NOUN
cblr-1213	152	4	on	on	ADP
cblr-1213	152	5	liquidity	liquidity	NOUN
cblr-1213	152	6	and	and	CCONJ
cblr-1213	152	7	flows	flow	NOUN
cblr-1213	152	8	of	of	ADP
cblr-1213	152	9	u.s	u.s	PROPN
cblr-1213	152	10	.	.	PROPN
cblr-1213	152	11	mutual	mutual	ADJ
cblr-1213	152	12	funds	fund	NOUN
cblr-1213	152	13	to	to	PART
cblr-1213	152	14	mark	mark	VERB
cblr-1213	152	15	flannery	flannery	PROPN
cblr-1213	152	16	,	,	PUNCT
cblr-1213	152	17	dir	dir	PROPN
cblr-1213	152	18	.	.	PROPN
cblr-1213	153	1	&	&	CCONJ
cblr-1213	153	2	chief	chief	ADJ
cblr-1213	153	3	economist	economist	NOUN
cblr-1213	153	4	,	,	PUNCT
cblr-1213	153	5	div	div	PROPN
cblr-1213	153	6	.	.	PROPN
cblr-1213	153	7	of	of	ADP
cblr-1213	153	8	econ	econ	PROPN
cblr-1213	153	9	.	.	PUNCT
cblr-1213	154	1	&	&	CCONJ
cblr-1213	154	2	risk	risk	VERB
cblr-1213	154	3	analysis	analysis	NOUN
cblr-1213	154	4	1	1	NUM
cblr-1213	154	5	(	(	PUNCT
cblr-1213	154	6	sept	sept	PROPN
cblr-1213	154	7	.	.	PROPN
cblr-1213	154	8	2015	2015	NUM
cblr-1213	154	9	)	)	PUNCT
cblr-1213	155	1	[	[	X
cblr-1213	155	2	hereinafter	hereinafter	NOUN
cblr-1213	155	3	sec	sec	PROPN
cblr-1213	155	4	liquidity	liquidity	NOUN
cblr-1213	155	5	whitepaper	whitepaper	NOUN
cblr-1213	155	6	]	]	X
cblr-1213	155	7	,	,	PUNCT
cblr-1213	155	8	https://www.sec.gov/dera/staff-papers/whitepapers/liquidity-white-paper-09-2015.pdf	https://www.sec.gov/dera/staff-papers/whitepapers/liquidity-white-paper-09-2015.pdf	NOUN
cblr-1213	155	9	[	[	X
cblr-1213	155	10	perma.cc/yj4w-laj8	perma.cc/yj4w-laj8	NOUN
cblr-1213	155	11	]	]	PUNCT
cblr-1213	155	12	.	.	PUNCT
cblr-1213	156	1	15	15	NUM
cblr-1213	156	2	the	the	DET
cblr-1213	156	3	sec	sec	PROPN
cblr-1213	156	4	eschews	eschew	VERB
cblr-1213	156	5	a	a	DET
cblr-1213	156	6	singular	singular	ADJ
cblr-1213	156	7	definition	definition	NOUN
cblr-1213	156	8	of	of	ADP
cblr-1213	156	9	alternative	alternative	ADJ
cblr-1213	156	10	mutual	mutual	ADJ
cblr-1213	156	11	funds	fund	NOUN
cblr-1213	156	12	classifying	classify	VERB
cblr-1213	156	13	the	the	DET
cblr-1213	156	14	group	group	NOUN
cblr-1213	156	15	by	by	ADP
cblr-1213	156	16	a	a	DET
cblr-1213	156	17	primary	primary	ADJ
cblr-1213	156	18	investment	investment	NOUN
cblr-1213	156	19	strategy	strategy	NOUN
cblr-1213	156	20	that	that	PRON
cblr-1213	156	21	falls	fall	VERB
cblr-1213	156	22	into	into	ADP
cblr-1213	156	23	one	one	NUM
cblr-1213	156	24	of	of	ADP
cblr-1213	156	25	three	three	NUM
cblr-1213	156	26	categories	category	NOUN
cblr-1213	156	27	:	:	PUNCT
cblr-1213	156	28	(	(	PUNCT
cblr-1213	156	29	1	1	X
cblr-1213	156	30	)	)	PUNCT
cblr-1213	156	31	non	non	ADJ
cblr-1213	156	32	-	-	ADJ
cblr-1213	156	33	traditional	traditional	ADJ
cblr-1213	156	34	asset	asset	NOUN
cblr-1213	156	35	classes	class	NOUN
cblr-1213	156	36	such	such	ADJ
cblr-1213	156	37	as	as	ADP
cblr-1213	156	38	currencies	currency	NOUN
cblr-1213	156	39	or	or	CCONJ
cblr-1213	156	40	managed	manage	VERB
cblr-1213	156	41	futures	future	NOUN
cblr-1213	156	42	,	,	PUNCT
cblr-1213	156	43	(	(	PUNCT
cblr-1213	156	44	2	2	X
cblr-1213	156	45	)	)	PUNCT
cblr-1213	156	46	non	non	ADJ
cblr-1213	156	47	-	-	ADJ
cblr-1213	156	48	traditional	traditional	ADJ
cblr-1213	156	49	strategies	strategy	NOUN
cblr-1213	156	50	such	such	ADJ
cblr-1213	156	51	as	as	ADP
cblr-1213	156	52	long	long	ADJ
cblr-1213	156	53	-	-	PUNCT
cblr-1213	156	54	short	short	ADJ
cblr-1213	156	55	equities	equity	NOUN
cblr-1213	156	56	,	,	PUNCT
cblr-1213	156	57	or	or	CCONJ
cblr-1213	156	58	(	(	PUNCT
cblr-1213	156	59	3	3	NUM
cblr-1213	156	60	)	)	PUNCT
cblr-1213	156	61	less	less	ADJ
cblr-1213	156	62	liquid	liquid	ADJ
cblr-1213	156	63	investments	investment	NOUN
cblr-1213	156	64	such	such	ADJ
cblr-1213	156	65	as	as	ADP
cblr-1213	156	66	private	private	ADJ
cblr-1213	156	67	debt	debt	NOUN
cblr-1213	156	68	.	.	PUNCT
cblr-1213	157	1	final	final	ADJ
cblr-1213	157	2	rules	rule	NOUN
cblr-1213	157	3	,	,	PUNCT
cblr-1213	157	4	supra	supra	PROPN
cblr-1213	157	5	note	note	NOUN
cblr-1213	157	6	4	4	NUM
cblr-1213	157	7	,	,	PUNCT
cblr-1213	157	8	at	at	ADP
cblr-1213	157	9	82152	82152	NUM
cblr-1213	157	10	n.95	n.95	SYM
cblr-1213	157	11	.	.	PROPN
cblr-1213	157	12	16	16	NUM
cblr-1213	157	13	sec	sec	PROPN
cblr-1213	157	14	liquidity	liquidity	NOUN
cblr-1213	157	15	whitepaper	whitepaper	NOUN
cblr-1213	157	16	,	,	PUNCT
cblr-1213	157	17	supra	supra	PROPN
cblr-1213	157	18	note	note	PROPN
cblr-1213	157	19	14	14	NUM
cblr-1213	157	20	,	,	PUNCT
cblr-1213	157	21	at	at	ADP
cblr-1213	157	22	1	1	NUM
cblr-1213	157	23	.	.	NUM
cblr-1213	157	24	17	17	NUM
cblr-1213	158	1	i	i	PRON
cblr-1213	158	2	d.	d.	PROPN
cblr-1213	158	3	at	at	ADP
cblr-1213	158	4	2	2	NUM
cblr-1213	158	5	.	.	PUNCT
cblr-1213	158	6	traditional	traditional	ADJ
cblr-1213	158	7	asset	asset	NOUN
cblr-1213	158	8	classes	class	NOUN
cblr-1213	158	9	include	include	VERB
cblr-1213	158	10	publicly	publicly	ADV
cblr-1213	158	11	traded	trade	VERB
cblr-1213	158	12	stocks	stock	NOUN
cblr-1213	158	13	and	and	CCONJ
cblr-1213	158	14	bonds	bond	NOUN
cblr-1213	158	15	such	such	ADJ
cblr-1213	158	16	as	as	ADP
cblr-1213	158	17	u.s	u.s	PROPN
cblr-1213	158	18	.	.	PROPN
cblr-1213	158	19	treasury	treasury	PROPN
cblr-1213	158	20	notes	note	NOUN
cblr-1213	158	21	.	.	PUNCT
cblr-1213	159	1	18	18	NUM
cblr-1213	160	1	i	i	NOUN
cblr-1213	160	2	d.	d.	PROPN
cblr-1213	160	3	19	19	NUM
cblr-1213	161	1	i	i	PROPN
cblr-1213	161	2	d.	d.	NOUN
cblr-1213	161	3	20	20	NUM
cblr-1213	161	4	final	final	ADJ
cblr-1213	161	5	rules	rule	NOUN
cblr-1213	161	6	,	,	PUNCT
cblr-1213	161	7	supra	supra	PROPN
cblr-1213	161	8	note	note	NOUN
cblr-1213	161	9	4	4	NUM
cblr-1213	161	10	,	,	PUNCT
cblr-1213	161	11	at	at	ADP
cblr-1213	161	12	82119	82119	NUM
cblr-1213	161	13	.	.	PUNCT
cblr-1213	162	1	21	21	NUM
cblr-1213	162	2	see	see	VERB
cblr-1213	162	3	swing	swing	NOUN
cblr-1213	162	4	pricing	price	VERB
cblr-1213	162	5	first	first	ADJ
cblr-1213	162	6	proposal	proposal	NOUN
cblr-1213	162	7	,	,	PUNCT
cblr-1213	162	8	supra	supra	PROPN
cblr-1213	162	9	note	note	NOUN
cblr-1213	162	10	4	4	NUM
cblr-1213	162	11	,	,	PUNCT
cblr-1213	162	12	at	at	ADP
cblr-1213	162	13	62278–81	62278–81	NUM
cblr-1213	162	14	(	(	PUNCT
cblr-1213	162	15	establishing	establish	VERB
cblr-1213	162	16	a	a	DET
cblr-1213	162	17	basis	basis	NOUN
cblr-1213	162	18	for	for	ADP
cblr-1213	162	19	sec	sec	PROPN
cblr-1213	162	20	regulation	regulation	NOUN
cblr-1213	162	21	of	of	ADP
cblr-1213	162	22	mutual	mutual	ADJ
cblr-1213	162	23	funds	fund	NOUN
cblr-1213	162	24	)	)	PUNCT
cblr-1213	162	25	.	.	PUNCT
cblr-1213	163	1	there	there	PRON
cblr-1213	163	2	is	be	VERB
cblr-1213	163	3	no	no	DET
cblr-1213	163	4	comparable	comparable	ADJ
cblr-1213	163	5	discussion	discussion	NOUN
cblr-1213	163	6	in	in	ADP
cblr-1213	163	7	the	the	DET
cblr-1213	163	8	final	final	ADJ
cblr-1213	163	9	rules	rule	NOUN
cblr-1213	163	10	,	,	PUNCT
cblr-1213	163	11	supra	supra	PROPN
cblr-1213	163	12	note	note	NOUN
cblr-1213	163	13	4	4	NUM
cblr-1213	163	14	.	.	PUNCT
cblr-1213	164	1	following	follow	VERB
cblr-1213	164	2	the	the	DET
cblr-1213	164	3	financial	financial	ADJ
cblr-1213	164	4	crisis	crisis	NOUN
cblr-1213	164	5	in	in	ADP
cblr-1213	164	6	2008	2008	NUM
cblr-1213	164	7	when	when	SCONJ
cblr-1213	164	8	money	money	NOUN
cblr-1213	164	9	market	market	NOUN
cblr-1213	164	10	funds	fund	NOUN
cblr-1213	164	11	broke	break	VERB
cblr-1213	164	12	the	the	DET
cblr-1213	164	13	buck	buck	NOUN
cblr-1213	164	14	,	,	PUNCT
cblr-1213	164	15	the	the	DET
cblr-1213	164	16	sec	sec	PROPN
cblr-1213	164	17	issued	issue	VERB
cblr-1213	164	18	new	new	ADJ
cblr-1213	164	19	money	money	NOUN
cblr-1213	164	20	market	market	NOUN
cblr-1213	164	21	fund	fund	NOUN
cblr-1213	164	22	regulations	regulation	NOUN
cblr-1213	164	23	in	in	ADP
cblr-1213	164	24	2010	2010	NUM
cblr-1213	164	25	and	and	CCONJ
cblr-1213	164	26	2014	2014	NUM
cblr-1213	164	27	requiring	require	VERB
cblr-1213	164	28	a	a	DET
cblr-1213	164	29	floating	float	VERB
cblr-1213	164	30	nav	nav	NOUN
cblr-1213	164	31	and	and	CCONJ
cblr-1213	164	32	authorizing	authorize	VERB
cblr-1213	164	33	new	new	ADJ
cblr-1213	164	34	liquidity	liquidity	NOUN
cblr-1213	164	35	tools	tool	NOUN
cblr-1213	164	36	—	—	PUNCT
cblr-1213	164	37	such	such	ADJ
cblr-1213	164	38	as	as	ADP
cblr-1213	164	39	liquidity	liquidity	NOUN
cblr-1213	164	40	fees	fee	NOUN
cblr-1213	164	41	and	and	CCONJ
cblr-1213	164	42	redemption	redemption	NOUN
cblr-1213	164	43	gates	gate	NOUN
cblr-1213	164	44	—	—	PUNCT
cblr-1213	164	45	to	to	PART
cblr-1213	164	46	money	money	NOUN
cblr-1213	164	47	market	market	NOUN
cblr-1213	164	48	fund	fund	NOUN
cblr-1213	164	49	boards	board	NOUN
cblr-1213	164	50	in	in	ADP
cblr-1213	164	51	order	order	NOUN
cblr-1213	164	52	to	to	PART
cblr-1213	164	53	curb	curb	VERB
cblr-1213	164	54	outflows	outflow	NOUN
cblr-1213	164	55	in	in	ADP
cblr-1213	164	56	a	a	DET
cblr-1213	164	57	run	run	NOUN
cblr-1213	164	58	.	.	PUNCT
cblr-1213	165	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	166	1	no	no	INTJ
cblr-1213	166	2	.	.	PUNCT
cblr-1213	167	1	1:130	1:130	NUM
cblr-1213	167	2	]	]	X
cblr-1213	167	3	will	will	AUX
cblr-1213	167	4	swing	swing	VERB
cblr-1213	167	5	pricing	pricing	NOUN
cblr-1213	167	6	save	save	VERB
cblr-1213	167	7	sedentary	sedentary	ADJ
cblr-1213	167	8	shareholders	shareholder	NOUN
cblr-1213	167	9	?	?	PUNCT
cblr-1213	168	1	139	139	NUM
cblr-1213	168	2	liquidity	liquidity	NOUN
cblr-1213	168	3	management	management	NOUN
cblr-1213	168	4	is	be	AUX
cblr-1213	168	5	not	not	PART
cblr-1213	168	6	a	a	DET
cblr-1213	168	7	“	"	PUNCT
cblr-1213	168	8	one	one	NUM
cblr-1213	168	9	size	size	NOUN
cblr-1213	168	10	fits	fit	VERB
cblr-1213	168	11	all	all	DET
cblr-1213	168	12	approach	approach	NOUN
cblr-1213	168	13	,	,	PUNCT
cblr-1213	168	14	”	"	PUNCT
cblr-1213	168	15	but	but	CCONJ
cblr-1213	168	16	a	a	DET
cblr-1213	168	17	complex	complex	ADJ
cblr-1213	168	18	task	task	NOUN
cblr-1213	168	19	requiring	require	VERB
cblr-1213	168	20	individually	individually	ADV
cblr-1213	168	21	tailored	tailor	VERB
cblr-1213	168	22	tools	tool	NOUN
cblr-1213	168	23	.22	.22	NUM
cblr-1213	168	24	it	it	PRON
cblr-1213	168	25	is	be	AUX
cblr-1213	168	26	influenced	influence	VERB
cblr-1213	168	27	by	by	ADP
cblr-1213	168	28	a	a	DET
cblr-1213	168	29	broad	broad	ADJ
cblr-1213	168	30	range	range	NOUN
cblr-1213	168	31	of	of	ADP
cblr-1213	168	32	factors	factor	NOUN
cblr-1213	168	33	,	,	PUNCT
cblr-1213	168	34	including	include	VERB
cblr-1213	168	35	(	(	PUNCT
cblr-1213	168	36	1	1	X
cblr-1213	168	37	)	)	PUNCT
cblr-1213	168	38	asset	asset	NOUN
cblr-1213	168	39	type	type	NOUN
cblr-1213	168	40	,	,	PUNCT
cblr-1213	168	41	the	the	DET
cblr-1213	168	42	asset	asset	NOUN
cblr-1213	168	43	’s	’s	PART
cblr-1213	168	44	available	available	ADJ
cblr-1213	168	45	market	market	NOUN
cblr-1213	168	46	(	(	PUNCT
cblr-1213	168	47	i.e.	i.e.	X
cblr-1213	168	48	,	,	PUNCT
cblr-1213	168	49	buyers	buyer	NOUN
cblr-1213	168	50	and	and	CCONJ
cblr-1213	168	51	sellers	seller	NOUN
cblr-1213	168	52	)	)	PUNCT
cblr-1213	168	53	,	,	PUNCT
cblr-1213	168	54	and	and	CCONJ
cblr-1213	168	55	settlement	settlement	NOUN
cblr-1213	168	56	period	period	NOUN
cblr-1213	168	57	;	;	PUNCT
cblr-1213	168	58	(	(	PUNCT
cblr-1213	168	59	2	2	X
cblr-1213	168	60	)	)	PUNCT
cblr-1213	168	61	available	available	ADJ
cblr-1213	168	62	portfolio	portfolio	NOUN
cblr-1213	168	63	cash	cash	NOUN
cblr-1213	168	64	and	and	CCONJ
cblr-1213	168	65	the	the	DET
cblr-1213	168	66	ability	ability	NOUN
cblr-1213	168	67	to	to	PART
cblr-1213	168	68	borrow	borrow	VERB
cblr-1213	168	69	,	,	PUNCT
cblr-1213	168	70	such	such	ADJ
cblr-1213	168	71	as	as	ADP
cblr-1213	168	72	via	via	ADP
cblr-1213	168	73	a	a	DET
cblr-1213	168	74	credit	credit	NOUN
cblr-1213	168	75	facility	facility	NOUN
cblr-1213	168	76	;	;	PUNCT
cblr-1213	168	77	and	and	CCONJ
cblr-1213	168	78	(	(	PUNCT
cblr-1213	168	79	3	3	X
cblr-1213	168	80	)	)	PUNCT
cblr-1213	168	81	market	market	NOUN
cblr-1213	168	82	conditions	condition	NOUN
cblr-1213	168	83	at	at	ADP
cblr-1213	168	84	the	the	DET
cblr-1213	168	85	time	time	NOUN
cblr-1213	168	86	of	of	ADP
cblr-1213	168	87	the	the	DET
cblr-1213	168	88	transaction	transaction	NOUN
cblr-1213	168	89	.	.	PUNCT
cblr-1213	169	1	the	the	DET
cblr-1213	169	2	following	follow	VERB
cblr-1213	169	3	discussion	discussion	NOUN
cblr-1213	169	4	provides	provide	VERB
cblr-1213	169	5	an	an	DET
cblr-1213	169	6	overview	overview	NOUN
cblr-1213	169	7	of	of	ADP
cblr-1213	169	8	liquidity	liquidity	NOUN
cblr-1213	169	9	,	,	PUNCT
cblr-1213	169	10	nav	nav	PROPN
cblr-1213	169	11	,	,	PUNCT
cblr-1213	169	12	fund	fund	NOUN
cblr-1213	169	13	flows	flow	NOUN
cblr-1213	169	14	,	,	PUNCT
cblr-1213	169	15	and	and	CCONJ
cblr-1213	169	16	dilution	dilution	NOUN
cblr-1213	169	17	,	,	PUNCT
cblr-1213	169	18	their	their	PRON
cblr-1213	169	19	connection	connection	NOUN
cblr-1213	169	20	to	to	ADP
cblr-1213	169	21	each	each	DET
cblr-1213	169	22	other	other	ADJ
cblr-1213	169	23	,	,	PUNCT
cblr-1213	169	24	and	and	CCONJ
cblr-1213	169	25	the	the	DET
cblr-1213	169	26	market	market	NOUN
cblr-1213	169	27	and	and	CCONJ
cblr-1213	169	28	regulatory	regulatory	ADJ
cblr-1213	169	29	choices	choice	NOUN
cblr-1213	169	30	that	that	PRON
cblr-1213	169	31	they	they	PRON
cblr-1213	169	32	invoke	invoke	VERB
cblr-1213	169	33	.	.	PUNCT
cblr-1213	170	1	a.	a.	NOUN
cblr-1213	170	2	liquidity	liquidity	PROPN
cblr-1213	170	3	,	,	PUNCT
cblr-1213	170	4	net	net	ADJ
cblr-1213	170	5	asset	asset	NOUN
cblr-1213	170	6	value	value	NOUN
cblr-1213	170	7	,	,	PUNCT
cblr-1213	170	8	and	and	CCONJ
cblr-1213	170	9	fund	fund	NOUN
cblr-1213	170	10	flows	flow	VERB
cblr-1213	170	11	trading	trading	NOUN
cblr-1213	170	12	volume	volume	NOUN
cblr-1213	170	13	—	—	PUNCT
cblr-1213	170	14	i.e.	i.e.	X
cblr-1213	170	15	,	,	PUNCT
cblr-1213	170	16	the	the	DET
cblr-1213	170	17	amount	amount	NOUN
cblr-1213	170	18	of	of	ADP
cblr-1213	170	19	a	a	DET
cblr-1213	170	20	particular	particular	ADJ
cblr-1213	170	21	security	security	NOUN
cblr-1213	170	22	that	that	PRON
cblr-1213	170	23	is	be	AUX
cblr-1213	170	24	traded	trade	VERB
cblr-1213	170	25	over	over	ADP
cblr-1213	170	26	a	a	DET
cblr-1213	170	27	given	give	VERB
cblr-1213	170	28	period	period	NOUN
cblr-1213	170	29	of	of	ADP
cblr-1213	170	30	time	time	NOUN
cblr-1213	170	31	—	—	PUNCT
cblr-1213	170	32	is	be	AUX
cblr-1213	170	33	an	an	DET
cblr-1213	170	34	essential	essential	ADJ
cblr-1213	170	35	element	element	NOUN
cblr-1213	170	36	in	in	ADP
cblr-1213	170	37	assessing	assess	VERB
cblr-1213	170	38	the	the	DET
cblr-1213	170	39	liquidity	liquidity	NOUN
cblr-1213	170	40	and	and	CCONJ
cblr-1213	170	41	price	price	NOUN
cblr-1213	170	42	of	of	ADP
cblr-1213	170	43	a	a	DET
cblr-1213	170	44	security.23	security.23	NOUN
cblr-1213	170	45	the	the	DET
cblr-1213	170	46	money	money	NOUN
cblr-1213	170	47	market	market	NOUN
cblr-1213	170	48	funds	fund	NOUN
cblr-1213	170	49	,	,	PUNCT
cblr-1213	170	50	17	17	NUM
cblr-1213	170	51	c.f.r	c.f.r	NOUN
cblr-1213	170	52	.	.	PUNCT
cblr-1213	171	1	§	§	PROPN
cblr-1213	171	2	270.2a-7(c	270.2a-7(c	NUM
cblr-1213	171	3	)	)	PUNCT
cblr-1213	171	4	(	(	PUNCT
cblr-1213	171	5	2017	2017	NUM
cblr-1213	171	6	)	)	PUNCT
cblr-1213	171	7	;	;	PUNCT
cblr-1213	171	8	see	see	VERB
cblr-1213	171	9	also	also	ADV
cblr-1213	171	10	press	press	NOUN
cblr-1213	171	11	release	release	NOUN
cblr-1213	171	12	,	,	PUNCT
cblr-1213	171	13	sec	sec	PROPN
cblr-1213	171	14	,	,	PUNCT
cblr-1213	171	15	sec	sec	PROPN
cblr-1213	171	16	adopts	adopt	VERB
cblr-1213	171	17	money	money	NOUN
cblr-1213	171	18	market	market	NOUN
cblr-1213	171	19	fund	fund	NOUN
cblr-1213	171	20	reform	reform	NOUN
cblr-1213	171	21	rules	rule	NOUN
cblr-1213	171	22	(	(	PUNCT
cblr-1213	171	23	july	july	PROPN
cblr-1213	171	24	23	23	NUM
cblr-1213	171	25	,	,	PUNCT
cblr-1213	171	26	2014	2014	NUM
cblr-1213	171	27	)	)	PUNCT
cblr-1213	171	28	,	,	PUNCT
cblr-1213	171	29	https://www.sec.gov/news/press-release/2014-143	https://www.sec.gov/news/press-release/2014-143	PUNCT
cblr-1213	172	1	[	[	X
cblr-1213	172	2	perma.cc/l46n-r8pz	perma.cc/l46n-r8pz	X
cblr-1213	172	3	]	]	X
cblr-1213	172	4	(	(	PUNCT
cblr-1213	172	5	describing	describe	VERB
cblr-1213	172	6	the	the	DET
cblr-1213	172	7	money	money	NOUN
cblr-1213	172	8	market	market	NOUN
cblr-1213	172	9	rules	rule	NOUN
cblr-1213	172	10	as	as	ADP
cblr-1213	172	11	addressing	address	VERB
cblr-1213	172	12	“	"	PUNCT
cblr-1213	172	13	risks	risk	NOUN
cblr-1213	172	14	of	of	ADP
cblr-1213	172	15	investor	investor	NOUN
cblr-1213	172	16	runs	run	NOUN
cblr-1213	172	17	”	"	PUNCT
cblr-1213	172	18	while	while	SCONJ
cblr-1213	172	19	“	"	PUNCT
cblr-1213	172	20	preserving	preserve	VERB
cblr-1213	172	21	the	the	DET
cblr-1213	172	22	benefits	benefit	NOUN
cblr-1213	172	23	of	of	ADP
cblr-1213	172	24	the	the	DET
cblr-1213	172	25	funds	fund	NOUN
cblr-1213	172	26	”	"	PUNCT
cblr-1213	172	27	)	)	PUNCT
cblr-1213	172	28	.	.	PUNCT
cblr-1213	173	1	22	22	NUM
cblr-1213	173	2	inv	inv	PROPN
cblr-1213	173	3	.	.	PUNCT
cblr-1213	173	4	co.	co.	PROPN
cblr-1213	173	5	inst	inst	PROPN
cblr-1213	173	6	.	.	PUNCT
cblr-1213	173	7	comment	comment	NOUN
cblr-1213	173	8	letter	letter	NOUN
cblr-1213	173	9	,	,	PUNCT
cblr-1213	173	10	supra	supra	PROPN
cblr-1213	173	11	note	note	NOUN
cblr-1213	173	12	9	9	NUM
cblr-1213	173	13	,	,	PUNCT
cblr-1213	173	14	at	at	ADP
cblr-1213	173	15	a-3	a-3	PROPN
cblr-1213	173	16	.	.	PUNCT
cblr-1213	174	1	23	23	NUM
cblr-1213	174	2	see	see	VERB
cblr-1213	174	3	daniel	daniel	PROPN
cblr-1213	174	4	fricke	fricke	PROPN
cblr-1213	174	5	&	&	CCONJ
cblr-1213	174	6	austin	austin	PROPN
cblr-1213	174	7	gerig	gerig	PROPN
cblr-1213	174	8	,	,	PUNCT
cblr-1213	174	9	liquidity	liquidity	NOUN
cblr-1213	174	10	risk	risk	NOUN
cblr-1213	174	11	,	,	PUNCT
cblr-1213	174	12	speculative	speculative	ADJ
cblr-1213	174	13	trade	trade	NOUN
cblr-1213	174	14	,	,	PUNCT
cblr-1213	174	15	and	and	CCONJ
cblr-1213	174	16	the	the	DET
cblr-1213	174	17	optimal	optimal	ADJ
cblr-1213	174	18	latency	latency	NOUN
cblr-1213	174	19	of	of	ADP
cblr-1213	174	20	financial	financial	ADJ
cblr-1213	174	21	markets	market	NOUN
cblr-1213	174	22	3	3	NUM
cblr-1213	174	23	(	(	PUNCT
cblr-1213	174	24	sec	sec	PROPN
cblr-1213	174	25	,	,	PUNCT
cblr-1213	174	26	div	div	PROPN
cblr-1213	174	27	.	.	PROPN
cblr-1213	174	28	of	of	ADP
cblr-1213	174	29	econ	econ	PROPN
cblr-1213	174	30	.	.	PUNCT
cblr-1213	175	1	&	&	CCONJ
cblr-1213	175	2	risk	risk	NOUN
cblr-1213	175	3	analysis	analysis	NOUN
cblr-1213	175	4	,	,	PUNCT
cblr-1213	175	5	working	working	NOUN
cblr-1213	175	6	paper	paper	NOUN
cblr-1213	175	7	)	)	PUNCT
cblr-1213	175	8	(	(	PUNCT
cblr-1213	175	9	dec	dec	PROPN
cblr-1213	175	10	.	.	PROPN
cblr-1213	175	11	1	1	NUM
cblr-1213	175	12	,	,	PUNCT
cblr-1213	175	13	2014	2014	NUM
cblr-1213	175	14	)	)	PUNCT
cblr-1213	175	15	https://www.sec.gov/files/dera-wpliquidity-risk.pdf	https://www.sec.gov/files/dera-wpliquidity-risk.pdf	X
cblr-1213	176	1	[	[	X
cblr-1213	176	2	perma.cc/jbu7-d5h7	perma.cc/jbu7-d5h7	X
cblr-1213	176	3	]	]	X
cblr-1213	176	4	(	(	PUNCT
cblr-1213	176	5	noting	note	VERB
cblr-1213	176	6	three	three	NUM
cblr-1213	176	7	main	main	ADJ
cblr-1213	176	8	factors	factor	NOUN
cblr-1213	176	9	affecting	affect	VERB
cblr-1213	176	10	liquidity	liquidity	NOUN
cblr-1213	176	11	including	include	VERB
cblr-1213	176	12	price	price	NOUN
cblr-1213	176	13	volatility	volatility	NOUN
cblr-1213	176	14	,	,	PUNCT
cblr-1213	176	15	“	"	PUNCT
cblr-1213	176	16	the	the	DET
cblr-1213	176	17	number	number	NOUN
cblr-1213	176	18	of	of	ADP
cblr-1213	176	19	public	public	ADJ
cblr-1213	176	20	investors	investor	NOUN
cblr-1213	176	21	who	who	PRON
cblr-1213	176	22	trade	trade	VERB
cblr-1213	176	23	the	the	DET
cblr-1213	176	24	asset	asset	NOUN
cblr-1213	176	25	,	,	PUNCT
cblr-1213	176	26	”	"	PUNCT
cblr-1213	176	27	and	and	CCONJ
cblr-1213	176	28	correlated	correlate	VERB
cblr-1213	176	29	asset	asset	NOUN
cblr-1213	176	30	value	value	NOUN
cblr-1213	176	31	)	)	PUNCT
cblr-1213	176	32	.	.	PUNCT
cblr-1213	177	1	one	one	NUM
cblr-1213	177	2	author	author	NOUN
cblr-1213	177	3	of	of	ADP
cblr-1213	177	4	this	this	DET
cblr-1213	177	5	article	article	NOUN
cblr-1213	177	6	,	,	PUNCT
cblr-1213	177	7	holly	holly	PROPN
cblr-1213	177	8	van	van	PROPN
cblr-1213	177	9	den	den	PROPN
cblr-1213	177	10	toorn	toorn	PROPN
cblr-1213	177	11	,	,	PUNCT
cblr-1213	177	12	has	have	VERB
cblr-1213	177	13	professional	professional	ADJ
cblr-1213	177	14	experience	experience	NOUN
cblr-1213	177	15	in	in	ADP
cblr-1213	177	16	the	the	DET
cblr-1213	177	17	mutual	mutual	ADJ
cblr-1213	177	18	fund	fund	NOUN
cblr-1213	177	19	industry	industry	NOUN
cblr-1213	177	20	and	and	CCONJ
cblr-1213	177	21	conducted	conduct	VERB
cblr-1213	177	22	interviews	interview	NOUN
cblr-1213	177	23	with	with	ADP
cblr-1213	177	24	other	other	ADJ
cblr-1213	177	25	mutual	mutual	ADJ
cblr-1213	177	26	fund	fund	NOUN
cblr-1213	177	27	professionals	professional	NOUN
cblr-1213	177	28	in	in	ADP
cblr-1213	177	29	her	her	PRON
cblr-1213	177	30	research	research	NOUN
cblr-1213	177	31	for	for	ADP
cblr-1213	177	32	this	this	DET
cblr-1213	177	33	article	article	NOUN
cblr-1213	177	34	.	.	PUNCT
cblr-1213	178	1	the	the	DET
cblr-1213	178	2	responses	response	NOUN
cblr-1213	178	3	received	receive	VERB
cblr-1213	178	4	provide	provide	VERB
cblr-1213	178	5	a	a	DET
cblr-1213	178	6	unique	unique	ADJ
cblr-1213	178	7	perspective	perspective	NOUN
cblr-1213	178	8	on	on	ADP
cblr-1213	178	9	swing	swing	NOUN
cblr-1213	178	10	pricing	pricing	NOUN
cblr-1213	178	11	and	and	CCONJ
cblr-1213	178	12	insight	insight	NOUN
cblr-1213	178	13	into	into	ADP
cblr-1213	178	14	the	the	DET
cblr-1213	178	15	mutual	mutual	ADJ
cblr-1213	178	16	fund	fund	NOUN
cblr-1213	178	17	industry	industry	NOUN
cblr-1213	178	18	.	.	PUNCT
cblr-1213	179	1	while	while	SCONJ
cblr-1213	179	2	these	these	DET
cblr-1213	179	3	professionals	professional	NOUN
cblr-1213	179	4	agreed	agree	VERB
cblr-1213	179	5	to	to	PART
cblr-1213	179	6	have	have	VERB
cblr-1213	179	7	their	their	PRON
cblr-1213	179	8	responses	response	NOUN
cblr-1213	179	9	used	use	VERB
cblr-1213	179	10	for	for	ADP
cblr-1213	179	11	research	research	NOUN
cblr-1213	179	12	,	,	PUNCT
cblr-1213	179	13	they	they	PRON
cblr-1213	179	14	asked	ask	VERB
cblr-1213	179	15	to	to	PART
cblr-1213	179	16	remain	remain	VERB
cblr-1213	179	17	anonymous	anonymous	ADJ
cblr-1213	179	18	.	.	PUNCT
cblr-1213	180	1	as	as	ADP
cblr-1213	180	2	such	such	ADJ
cblr-1213	180	3	,	,	PUNCT
cblr-1213	180	4	this	this	DET
cblr-1213	180	5	article	article	NOUN
cblr-1213	180	6	cites	cite	VERB
cblr-1213	180	7	to	to	ADP
cblr-1213	180	8	these	these	DET
cblr-1213	180	9	interviews	interview	NOUN
cblr-1213	180	10	as	as	SCONJ
cblr-1213	180	11	follows	follow	VERB
cblr-1213	180	12	:	:	PUNCT
cblr-1213	180	13	facetime	facetime	NOUN
cblr-1213	180	14	interview	interview	NOUN
cblr-1213	180	15	with	with	ADP
cblr-1213	180	16	anonymous	anonymous	PROPN
cblr-1213	180	17	(	(	PUNCT
cblr-1213	180	18	sept	sept	PROPN
cblr-1213	180	19	.	.	PROPN
cblr-1213	180	20	3	3	NUM
cblr-1213	180	21	,	,	PUNCT
cblr-1213	180	22	2016	2016	NUM
cblr-1213	180	23	)	)	PUNCT
cblr-1213	180	24	(	(	PUNCT
cblr-1213	180	25	notes	note	NOUN
cblr-1213	180	26	on	on	ADP
cblr-1213	180	27	file	file	NOUN
cblr-1213	180	28	with	with	ADP
cblr-1213	180	29	author	author	NOUN
cblr-1213	180	30	)	)	PUNCT
cblr-1213	181	1	[	[	X
cblr-1213	181	2	hereinafter	hereinafter	NOUN
cblr-1213	181	3	facetime	facetime	NOUN
cblr-1213	181	4	interview	interview	NOUN
cblr-1213	181	5	with	with	ADP
cblr-1213	181	6	anonymous	anonymous	PROPN
cblr-1213	181	7	]	]	PUNCT
cblr-1213	181	8	.	.	PUNCT
cblr-1213	182	1	holly	holly	PROPN
cblr-1213	182	2	van	van	PROPN
cblr-1213	182	3	den	den	PROPN
cblr-1213	182	4	toorn	toorn	NOUN
cblr-1213	182	5	also	also	ADV
cblr-1213	182	6	shares	share	VERB
cblr-1213	182	7	her	her	PRON
cblr-1213	182	8	professional	professional	ADJ
cblr-1213	182	9	experience	experience	NOUN
cblr-1213	182	10	,	,	PUNCT
cblr-1213	182	11	observations	observation	NOUN
cblr-1213	182	12	,	,	PUNCT
cblr-1213	182	13	and	and	CCONJ
cblr-1213	182	14	opinions	opinion	NOUN
cblr-1213	182	15	in	in	ADP
cblr-1213	182	16	the	the	DET
cblr-1213	182	17	footnotes	footnote	NOUN
cblr-1213	182	18	.	.	PUNCT
cblr-1213	183	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	183	2	140	140	NUM
cblr-1213	183	3	columbia	columbia	PROPN
cblr-1213	183	4	business	business	NOUN
cblr-1213	183	5	law	law	PROPN
cblr-1213	183	6	review	review	NOUN
cblr-1213	183	7	[	[	X
cblr-1213	183	8	vol	vol	NOUN
cblr-1213	183	9	.	.	NOUN
cblr-1213	183	10	2018	2018	NUM
cblr-1213	183	11	higher	high	ADJ
cblr-1213	183	12	the	the	DET
cblr-1213	183	13	trading	trading	NOUN
cblr-1213	183	14	volume	volume	NOUN
cblr-1213	183	15	,	,	PUNCT
cblr-1213	183	16	the	the	DET
cblr-1213	183	17	more	more	ADV
cblr-1213	183	18	liquid	liquid	ADJ
cblr-1213	183	19	the	the	DET
cblr-1213	183	20	security	security	NOUN
cblr-1213	183	21	is	be	AUX
cblr-1213	183	22	perceived	perceive	VERB
cblr-1213	183	23	to	to	ADP
cblr-1213	183	24	be.24	be.24	PROPN
cblr-1213	183	25	if	if	SCONJ
cblr-1213	183	26	a	a	DET
cblr-1213	183	27	limited	limited	ADJ
cblr-1213	183	28	market	market	NOUN
cblr-1213	183	29	exists	exist	VERB
cblr-1213	183	30	for	for	ADP
cblr-1213	183	31	a	a	DET
cblr-1213	183	32	security	security	NOUN
cblr-1213	183	33	,	,	PUNCT
cblr-1213	183	34	pricing	pricing	NOUN
cblr-1213	183	35	of	of	ADP
cblr-1213	183	36	that	that	DET
cblr-1213	183	37	security	security	NOUN
cblr-1213	183	38	will	will	AUX
cblr-1213	183	39	be	be	AUX
cblr-1213	183	40	highly	highly	ADV
cblr-1213	183	41	sensitive	sensitive	ADJ
cblr-1213	183	42	to	to	ADP
cblr-1213	183	43	the	the	DET
cblr-1213	183	44	number	number	NOUN
cblr-1213	183	45	of	of	ADP
cblr-1213	183	46	bids	bid	NOUN
cblr-1213	183	47	(	(	PUNCT
cblr-1213	183	48	requests	request	NOUN
cblr-1213	183	49	to	to	PART
cblr-1213	183	50	buy	buy	VERB
cblr-1213	183	51	)	)	PUNCT
cblr-1213	183	52	and	and	CCONJ
cblr-1213	183	53	asks	ask	VERB
cblr-1213	183	54	(	(	PUNCT
cblr-1213	183	55	requests	request	NOUN
cblr-1213	183	56	to	to	PART
cblr-1213	183	57	sell	sell	VERB
cblr-1213	183	58	)	)	PUNCT
cblr-1213	183	59	available	available	ADJ
cblr-1213	183	60	for	for	ADP
cblr-1213	183	61	the	the	DET
cblr-1213	183	62	security.25	security.25	NOUN
cblr-1213	183	63	the	the	DET
cblr-1213	183	64	more	more	ADJ
cblr-1213	183	65	bids	bid	NOUN
cblr-1213	183	66	and	and	CCONJ
cblr-1213	183	67	asks	ask	VERB
cblr-1213	183	68	that	that	PRON
cblr-1213	183	69	exist	exist	VERB
cblr-1213	183	70	for	for	ADP
cblr-1213	183	71	a	a	DET
cblr-1213	183	72	particular	particular	ADJ
cblr-1213	183	73	security	security	NOUN
cblr-1213	183	74	,	,	PUNCT
cblr-1213	183	75	the	the	DET
cblr-1213	183	76	more	more	ADV
cblr-1213	183	77	liquid	liquid	ADJ
cblr-1213	183	78	that	that	SCONJ
cblr-1213	183	79	security	security	NOUN
cblr-1213	183	80	is	be	AUX
cblr-1213	183	81	perceived	perceive	VERB
cblr-1213	183	82	to	to	PART
cblr-1213	183	83	be.26	be.26	VERB
cblr-1213	183	84	for	for	ADP
cblr-1213	183	85	example	example	NOUN
cblr-1213	183	86	,	,	PUNCT
cblr-1213	183	87	ibm	ibm	PROPN
cblr-1213	183	88	is	be	AUX
cblr-1213	183	89	a	a	DET
cblr-1213	183	90	large	large	ADJ
cblr-1213	183	91	capitalization	capitalization	NOUN
cblr-1213	183	92	company	company	NOUN
cblr-1213	183	93	of	of	ADP
cblr-1213	183	94	$	$	SYM
cblr-1213	183	95	141.6	141.6	NUM
cblr-1213	183	96	billion	billion	NUM
cblr-1213	183	97	and	and	CCONJ
cblr-1213	183	98	heavily	heavily	ADV
cblr-1213	183	99	traded	trade	VERB
cblr-1213	183	100	stock	stock	NOUN
cblr-1213	183	101	in	in	ADP
cblr-1213	183	102	january	january	PROPN
cblr-1213	183	103	2018.27	2018.27	NUM
cblr-1213	183	104	ibm	ibm	PROPN
cblr-1213	183	105	stock	stock	NOUN
cblr-1213	183	106	traded	trade	VERB
cblr-1213	183	107	,	,	PUNCT
cblr-1213	183	108	on	on	ADP
cblr-1213	183	109	average	average	ADJ
cblr-1213	183	110	,	,	PUNCT
cblr-1213	183	111	4.3	4.3	NUM
cblr-1213	183	112	million	million	NUM
cblr-1213	183	113	shares	share	NOUN
cblr-1213	183	114	a	a	DET
cblr-1213	183	115	day.28	day.28	PROPN
cblr-1213	183	116	large	large	ADJ
cblr-1213	183	117	capitalization	capitalization	NOUN
cblr-1213	183	118	and	and	CCONJ
cblr-1213	183	119	frequent	frequent	ADJ
cblr-1213	183	120	trading	trading	NOUN
cblr-1213	183	121	indicate	indicate	VERB
cblr-1213	183	122	a	a	DET
cblr-1213	183	123	highly	highly	ADV
cblr-1213	183	124	liquid	liquid	ADJ
cblr-1213	183	125	stock	stock	NOUN
cblr-1213	183	126	.	.	PUNCT
cblr-1213	184	1	a	a	DET
cblr-1213	184	2	portfolio	portfolio	NOUN
cblr-1213	184	3	manager	manager	NOUN
cblr-1213	184	4	wanting	want	VERB
cblr-1213	184	5	to	to	PART
cblr-1213	184	6	buy	buy	VERB
cblr-1213	184	7	or	or	CCONJ
cblr-1213	184	8	sell	sell	VERB
cblr-1213	184	9	ibm	ibm	PROPN
cblr-1213	184	10	stock	stock	NOUN
cblr-1213	184	11	could	could	AUX
cblr-1213	184	12	do	do	VERB
cblr-1213	184	13	so	so	ADV
cblr-1213	184	14	easily	easily	ADV
cblr-1213	184	15	with	with	ADP
cblr-1213	184	16	“	"	PUNCT
cblr-1213	184	17	plenty	plenty	NOUN
cblr-1213	184	18	of	of	ADP
cblr-1213	184	19	room	room	NOUN
cblr-1213	184	20	for	for	ADP
cblr-1213	184	21	trading	trading	NOUN
cblr-1213	184	22	.	.	PUNCT
cblr-1213	185	1	”29	”29	PROPN
cblr-1213	185	2	a	a	DET
cblr-1213	185	3	portfolio	portfolio	NOUN
cblr-1213	185	4	manager	manager	NOUN
cblr-1213	185	5	interested	interested	ADJ
cblr-1213	185	6	in	in	ADP
cblr-1213	185	7	trading	trading	NOUN
cblr-1213	185	8	in	in	ADP
cblr-1213	185	9	ibm	ibm	PROPN
cblr-1213	185	10	would	would	AUX
cblr-1213	185	11	look	look	VERB
cblr-1213	185	12	at	at	ADP
cblr-1213	185	13	the	the	DET
cblr-1213	185	14	accumulated	accumulate	VERB
cblr-1213	185	15	trades	trade	NOUN
cblr-1213	185	16	for	for	ADP
cblr-1213	185	17	that	that	DET
cblr-1213	185	18	date	date	NOUN
cblr-1213	185	19	:	:	PUNCT
cblr-1213	185	20	if	if	SCONJ
cblr-1213	185	21	the	the	DET
cblr-1213	185	22	trading	trading	NOUN
cblr-1213	185	23	volume	volume	NOUN
cblr-1213	185	24	is	be	AUX
cblr-1213	185	25	significantly	significantly	ADV
cblr-1213	185	26	lower	low	ADJ
cblr-1213	185	27	than	than	ADP
cblr-1213	185	28	average	average	ADJ
cblr-1213	185	29	,	,	PUNCT
cblr-1213	185	30	it	it	PRON
cblr-1213	185	31	may	may	AUX
cblr-1213	185	32	signal	signal	VERB
cblr-1213	185	33	reduced	reduce	VERB
cblr-1213	185	34	liquidity	liquidity	NOUN
cblr-1213	185	35	and	and	CCONJ
cblr-1213	185	36	thereby	thereby	ADV
cblr-1213	185	37	influence	influence	VERB
cblr-1213	185	38	the	the	DET
cblr-1213	185	39	decision	decision	NOUN
cblr-1213	185	40	to	to	PART
cblr-1213	185	41	sell	sell	VERB
cblr-1213	185	42	(	(	PUNCT
cblr-1213	185	43	less	less	ADV
cblr-1213	185	44	risky	risky	ADJ
cblr-1213	185	45	in	in	ADP
cblr-1213	185	46	a	a	DET
cblr-1213	185	47	tight	tight	ADJ
cblr-1213	185	48	market	market	NOUN
cblr-1213	185	49	)	)	PUNCT
cblr-1213	185	50	or	or	CCONJ
cblr-1213	185	51	buy	buy	VERB
cblr-1213	185	52	(	(	PUNCT
cblr-1213	185	53	more	more	ADV
cblr-1213	185	54	risky	risky	ADJ
cblr-1213	185	55	in	in	ADP
cblr-1213	185	56	a	a	DET
cblr-1213	185	57	tight	tight	ADJ
cblr-1213	185	58	market).30	market).30	NOUN
cblr-1213	185	59	conversely	conversely	ADV
cblr-1213	185	60	,	,	PUNCT
cblr-1213	185	61	wd-40	wd-40	PUNCT
cblr-1213	185	62	is	be	AUX
cblr-1213	185	63	a	a	DET
cblr-1213	185	64	small	small	ADJ
cblr-1213	185	65	capitalization	capitalization	NOUN
cblr-1213	185	66	stock	stock	NOUN
cblr-1213	185	67	,	,	PUNCT
cblr-1213	185	68	with	with	ADP
cblr-1213	185	69	a	a	DET
cblr-1213	185	70	market	market	NOUN
cblr-1213	185	71	capitalization	capitalization	NOUN
cblr-1213	185	72	of	of	ADP
cblr-1213	185	73	only	only	ADV
cblr-1213	185	74	$	$	SYM
cblr-1213	185	75	1.78	1.78	NUM
cblr-1213	185	76	billion31	billion31	NOUN
cblr-1213	185	77	and	and	CCONJ
cblr-1213	185	78	an	an	DET
cblr-1213	185	79	average	average	ADJ
cblr-1213	185	80	daily	daily	ADJ
cblr-1213	185	81	trading	trading	NOUN
cblr-1213	185	82	volume	volume	NOUN
cblr-1213	185	83	of	of	ADP
cblr-1213	185	84	55,538	55,538	NUM
cblr-1213	185	85	shares	share	NOUN
cblr-1213	185	86	in	in	ADP
cblr-1213	185	87	january	january	PROPN
cblr-1213	185	88	2018.32	2018.32	NUM
cblr-1213	185	89	given	give	VERB
cblr-1213	185	90	its	its	PRON
cblr-1213	185	91	relatively	relatively	ADV
cblr-1213	185	92	low	low	ADJ
cblr-1213	185	93	trading	trading	NOUN
cblr-1213	185	94	volume	volume	NOUN
cblr-1213	185	95	,	,	PUNCT
cblr-1213	185	96	a	a	DET
cblr-1213	185	97	fund	fund	NOUN
cblr-1213	185	98	holding	hold	VERB
cblr-1213	185	99	wd	wd	PROPN
cblr-1213	185	100	24	24	NUM
cblr-1213	185	101	“	"	PUNCT
cblr-1213	185	102	liquidity	liquidity	NOUN
cblr-1213	185	103	,	,	PUNCT
cblr-1213	185	104	therefore	therefore	ADV
cblr-1213	185	105	,	,	PUNCT
cblr-1213	185	106	is	be	AUX
cblr-1213	185	107	affected	affect	VERB
cblr-1213	185	108	by	by	ADP
cblr-1213	185	109	market	market	NOUN
cblr-1213	185	110	participation	participation	NOUN
cblr-1213	185	111	,	,	PUNCT
cblr-1213	185	112	and	and	CCONJ
cblr-1213	185	113	we	we	PRON
cblr-1213	185	114	should	should	AUX
cblr-1213	185	115	expect	expect	VERB
cblr-1213	185	116	liquidity	liquidity	NOUN
cblr-1213	185	117	to	to	PART
cblr-1213	185	118	increase	increase	VERB
cblr-1213	185	119	with	with	ADP
cblr-1213	185	120	market	market	NOUN
cblr-1213	185	121	size	size	NOUN
cblr-1213	185	122	.	.	PUNCT
cblr-1213	185	123	”	"	PUNCT
cblr-1213	186	1	fricke	fricke	PROPN
cblr-1213	186	2	&	&	CCONJ
cblr-1213	186	3	gerig	gerig	PROPN
cblr-1213	186	4	,	,	PUNCT
cblr-1213	186	5	supra	supra	PROPN
cblr-1213	186	6	note	note	NOUN
cblr-1213	186	7	23	23	NUM
cblr-1213	186	8	,	,	PUNCT
cblr-1213	186	9	at	at	ADP
cblr-1213	186	10	1	1	NUM
cblr-1213	186	11	.	.	NUM
cblr-1213	186	12	25	25	NUM
cblr-1213	186	13	facetime	facetime	NOUN
cblr-1213	186	14	interview	interview	NOUN
cblr-1213	186	15	with	with	ADP
cblr-1213	186	16	anonymous	anonymous	ADJ
cblr-1213	186	17	,	,	PUNCT
cblr-1213	186	18	supra	supra	ADJ
cblr-1213	186	19	note	note	PROPN
cblr-1213	186	20	23	23	NUM
cblr-1213	186	21	;	;	PUNCT
cblr-1213	186	22	see	see	VERB
cblr-1213	186	23	also	also	ADV
cblr-1213	186	24	robert	robert	PROPN
cblr-1213	186	25	c.	c.	PROPN
cblr-1213	186	26	pozen	pozen	PROPN
cblr-1213	186	27	,	,	PUNCT
cblr-1213	186	28	the	the	DET
cblr-1213	186	29	mutual	mutual	ADJ
cblr-1213	186	30	fund	fund	NOUN
cblr-1213	186	31	business	business	NOUN
cblr-1213	186	32	215–18	215–18	NUM
cblr-1213	186	33	(	(	PUNCT
cblr-1213	186	34	1998	1998	NUM
cblr-1213	186	35	)	)	PUNCT
cblr-1213	186	36	.	.	PUNCT
cblr-1213	187	1	26	26	NUM
cblr-1213	187	2	facetime	facetime	NOUN
cblr-1213	187	3	interview	interview	NOUN
cblr-1213	187	4	with	with	ADP
cblr-1213	187	5	anonymous	anonymous	ADJ
cblr-1213	187	6	,	,	PUNCT
cblr-1213	187	7	supra	supra	ADJ
cblr-1213	187	8	note	note	NOUN
cblr-1213	187	9	23	23	NUM
cblr-1213	187	10	.	.	SYM
cblr-1213	187	11	27	27	NUM
cblr-1213	187	12	see	see	VERB
cblr-1213	187	13	international	international	ADJ
cblr-1213	187	14	business	business	NOUN
cblr-1213	187	15	machines	machine	NOUN
cblr-1213	187	16	corporation	corporation	PROPN
cblr-1213	187	17	common	common	ADJ
cblr-1213	187	18	stock	stock	PROPN
cblr-1213	187	19	&	&	CCONJ
cblr-1213	187	20	summary	summary	PROPN
cblr-1213	187	21	data	data	PROPN
cblr-1213	187	22	,	,	PUNCT
cblr-1213	187	23	nasdaq	nasdaq	PROPN
cblr-1213	187	24	,	,	PUNCT
cblr-1213	187	25	http://www.nasdaq.com/symbol/ibm	http://www.nasdaq.com/symbol/ibm	PROPN
cblr-1213	187	26	(	(	PUNCT
cblr-1213	187	27	last	last	ADV
cblr-1213	187	28	visited	visit	VERB
cblr-1213	187	29	jan	jan	PROPN
cblr-1213	187	30	.	.	PROPN
cblr-1213	187	31	26	26	NUM
cblr-1213	187	32	,	,	PUNCT
cblr-1213	187	33	2018	2018	NUM
cblr-1213	187	34	)	)	PUNCT
cblr-1213	187	35	.	.	PUNCT
cblr-1213	188	1	28	28	NUM
cblr-1213	189	1	i	i	PRON
cblr-1213	189	2	d.	d.	PROPN
cblr-1213	189	3	(	(	PUNCT
cblr-1213	189	4	generating	generate	VERB
cblr-1213	189	5	a	a	DET
cblr-1213	189	6	ninety	ninety	NUM
cblr-1213	189	7	-	-	PUNCT
cblr-1213	189	8	day	day	NOUN
cblr-1213	189	9	average	average	ADJ
cblr-1213	189	10	daily	daily	ADJ
cblr-1213	189	11	volume	volume	NOUN
cblr-1213	189	12	as	as	ADP
cblr-1213	189	13	of	of	ADP
cblr-1213	189	14	close	close	NOUN
cblr-1213	189	15	of	of	ADP
cblr-1213	189	16	business	business	NOUN
cblr-1213	189	17	on	on	ADP
cblr-1213	189	18	jan	jan	PROPN
cblr-1213	189	19	.	.	PROPN
cblr-1213	189	20	26	26	NUM
cblr-1213	189	21	,	,	PUNCT
cblr-1213	189	22	2018	2018	NUM
cblr-1213	189	23	of	of	ADP
cblr-1213	189	24	5,258,836	5,258,836	NUM
cblr-1213	189	25	shares	share	NOUN
cblr-1213	189	26	)	)	PUNCT
cblr-1213	189	27	.	.	PUNCT
cblr-1213	190	1	29	29	NUM
cblr-1213	190	2	facetime	facetime	NOUN
cblr-1213	190	3	interview	interview	NOUN
cblr-1213	190	4	with	with	ADP
cblr-1213	190	5	anonymous	anonymous	ADJ
cblr-1213	190	6	,	,	PUNCT
cblr-1213	190	7	supra	supra	ADJ
cblr-1213	190	8	note	note	NOUN
cblr-1213	190	9	23	23	NUM
cblr-1213	190	10	.	.	SYM
cblr-1213	190	11	30	30	NUM
cblr-1213	191	1	i	i	PRON
cblr-1213	191	2	d.	d.	PROPN
cblr-1213	191	3	see	see	VERB
cblr-1213	191	4	also	also	ADV
cblr-1213	191	5	pozen	pozen	ADJ
cblr-1213	191	6	,	,	PUNCT
cblr-1213	191	7	supra	supra	PROPN
cblr-1213	191	8	note	note	PROPN
cblr-1213	191	9	25	25	NUM
cblr-1213	191	10	,	,	PUNCT
cblr-1213	191	11	at	at	ADP
cblr-1213	191	12	219	219	NUM
cblr-1213	191	13	(	(	PUNCT
cblr-1213	191	14	noting	note	VERB
cblr-1213	191	15	the	the	DET
cblr-1213	191	16	importance	importance	NOUN
cblr-1213	191	17	of	of	ADP
cblr-1213	191	18	supply	supply	NOUN
cblr-1213	191	19	and	and	CCONJ
cblr-1213	191	20	demand	demand	NOUN
cblr-1213	191	21	in	in	ADP
cblr-1213	191	22	investment	investment	NOUN
cblr-1213	191	23	research	research	NOUN
cblr-1213	191	24	and	and	CCONJ
cblr-1213	191	25	surveying	surveying	NOUN
cblr-1213	191	26	data	datum	NOUN
cblr-1213	191	27	such	such	ADJ
cblr-1213	191	28	as	as	ADP
cblr-1213	191	29	“	"	PUNCT
cblr-1213	191	30	money	money	NOUN
cblr-1213	191	31	flows	flow	NOUN
cblr-1213	191	32	and	and	CCONJ
cblr-1213	191	33	volume	volume	NOUN
cblr-1213	191	34	trends	trend	NOUN
cblr-1213	191	35	”	"	PUNCT
cblr-1213	191	36	)	)	PUNCT
cblr-1213	191	37	.	.	PUNCT
cblr-1213	192	1	31	31	NUM
cblr-1213	192	2	nasdaq	nasdaq	PROPN
cblr-1213	192	3	,	,	PUNCT
cblr-1213	192	4	wd-40	wd-40	PUNCT
cblr-1213	192	5	company	company	NOUN
cblr-1213	192	6	common	common	ADJ
cblr-1213	192	7	stock	stock	NOUN
cblr-1213	192	8	quote	quote	NOUN
cblr-1213	192	9	and	and	CCONJ
cblr-1213	192	10	summary	summary	NOUN
cblr-1213	192	11	data	datum	NOUN
cblr-1213	192	12	,	,	PUNCT
cblr-1213	192	13	http://www.nasdaq.com/symbol/wdfc	http://www.nasdaq.com/symbol/wdfc	PROPN
cblr-1213	192	14	(	(	PUNCT
cblr-1213	192	15	last	last	ADV
cblr-1213	192	16	visited	visit	VERB
cblr-1213	192	17	jan	jan	PROPN
cblr-1213	192	18	.	.	PROPN
cblr-1213	192	19	26	26	NUM
cblr-1213	192	20	,	,	PUNCT
cblr-1213	192	21	2018	2018	NUM
cblr-1213	192	22	)	)	PUNCT
cblr-1213	192	23	.	.	PUNCT
cblr-1213	193	1	32	32	NUM
cblr-1213	194	1	i	i	PRON
cblr-1213	194	2	d.	d.	VERB
cblr-1213	194	3	the	the	DET
cblr-1213	194	4	ninety	ninety	NUM
cblr-1213	194	5	-	-	PUNCT
cblr-1213	194	6	day	day	NOUN
cblr-1213	194	7	average	average	ADJ
cblr-1213	194	8	daily	daily	ADJ
cblr-1213	194	9	volume	volume	NOUN
cblr-1213	194	10	is	be	AUX
cblr-1213	194	11	not	not	PART
cblr-1213	194	12	provided	provide	VERB
cblr-1213	194	13	on	on	ADP
cblr-1213	194	14	the	the	DET
cblr-1213	194	15	nasdaq	nasdaq	PROPN
cblr-1213	194	16	website	website	NOUN
cblr-1213	194	17	;	;	PUNCT
cblr-1213	194	18	therefore	therefore	ADV
cblr-1213	194	19	the	the	DET
cblr-1213	194	20	fifty	fifty	NUM
cblr-1213	194	21	-	-	PUNCT
cblr-1213	194	22	day	day	NOUN
cblr-1213	194	23	average	average	ADJ
cblr-1213	194	24	daily	daily	ADJ
cblr-1213	194	25	volume	volume	NOUN
cblr-1213	194	26	is	be	AUX
cblr-1213	194	27	provided	provide	VERB
cblr-1213	194	28	in	in	ADP
cblr-1213	194	29	this	this	DET
cblr-1213	194	30	instance	instance	NOUN
cblr-1213	194	31	.	.	PUNCT
cblr-1213	195	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	196	1	no	no	INTJ
cblr-1213	196	2	.	.	PUNCT
cblr-1213	197	1	1:130	1:130	NUM
cblr-1213	197	2	]	]	X
cblr-1213	197	3	will	will	AUX
cblr-1213	197	4	swing	swing	VERB
cblr-1213	197	5	pricing	pricing	NOUN
cblr-1213	197	6	save	save	VERB
cblr-1213	197	7	sedentary	sedentary	ADJ
cblr-1213	197	8	shareholders	shareholder	NOUN
cblr-1213	197	9	?	?	PUNCT
cblr-1213	198	1	141	141	NUM
cblr-1213	198	2	40	40	NUM
cblr-1213	198	3	stock	stock	NOUN
cblr-1213	198	4	would	would	AUX
cblr-1213	198	5	experience	experience	VERB
cblr-1213	198	6	a	a	DET
cblr-1213	198	7	significant	significant	ADJ
cblr-1213	198	8	hit	hit	NOUN
cblr-1213	198	9	to	to	PART
cblr-1213	198	10	share	share	VERB
cblr-1213	198	11	price	price	NOUN
cblr-1213	198	12	if	if	SCONJ
cblr-1213	198	13	a	a	DET
cblr-1213	198	14	portfolio	portfolio	NOUN
cblr-1213	198	15	manager	manager	NOUN
cblr-1213	198	16	tried	try	VERB
cblr-1213	198	17	to	to	PART
cblr-1213	198	18	sell	sell	VERB
cblr-1213	198	19	its	its	PRON
cblr-1213	198	20	entire	entire	ADJ
cblr-1213	198	21	holding	holding	NOUN
cblr-1213	198	22	all	all	PRON
cblr-1213	198	23	at	at	ADP
cblr-1213	198	24	once.33	once.33	NOUN
cblr-1213	198	25	as	as	ADP
cblr-1213	198	26	a	a	DET
cblr-1213	198	27	consequence	consequence	NOUN
cblr-1213	198	28	,	,	PUNCT
cblr-1213	198	29	a	a	DET
cblr-1213	198	30	fund	fund	NOUN
cblr-1213	198	31	would	would	AUX
cblr-1213	198	32	choose	choose	VERB
cblr-1213	198	33	to	to	PART
cblr-1213	198	34	“	"	PUNCT
cblr-1213	198	35	work	work	VERB
cblr-1213	198	36	the	the	DET
cblr-1213	198	37	order	order	NOUN
cblr-1213	198	38	”	"	PUNCT
cblr-1213	198	39	to	to	PART
cblr-1213	198	40	sell	sell	VERB
cblr-1213	198	41	its	its	PRON
cblr-1213	198	42	shares	share	NOUN
cblr-1213	198	43	of	of	ADP
cblr-1213	198	44	a	a	DET
cblr-1213	198	45	low	low	ADJ
cblr-1213	198	46	trade	trade	NOUN
cblr-1213	198	47	volume	volume	NOUN
cblr-1213	198	48	stock	stock	NOUN
cblr-1213	198	49	over	over	ADP
cblr-1213	198	50	the	the	DET
cblr-1213	198	51	course	course	NOUN
cblr-1213	198	52	of	of	ADP
cblr-1213	198	53	several	several	ADJ
cblr-1213	198	54	days	day	NOUN
cblr-1213	198	55	to	to	PART
cblr-1213	198	56	lessen	lessen	VERB
cblr-1213	198	57	the	the	DET
cblr-1213	198	58	depression	depression	NOUN
cblr-1213	198	59	of	of	ADP
cblr-1213	198	60	the	the	DET
cblr-1213	198	61	stock	stock	NOUN
cblr-1213	198	62	’s	’s	PART
cblr-1213	198	63	price.34	price.34	PROPN
cblr-1213	198	64	the	the	DET
cblr-1213	198	65	asset	asset	NOUN
cblr-1213	198	66	type	type	NOUN
cblr-1213	198	67	—	—	PUNCT
cblr-1213	198	68	e.g.	e.g.	ADV
cblr-1213	198	69	,	,	PUNCT
cblr-1213	198	70	stocks	stock	NOUN
cblr-1213	198	71	or	or	CCONJ
cblr-1213	198	72	bonds	bond	NOUN
cblr-1213	198	73	—	—	PUNCT
cblr-1213	198	74	may	may	AUX
cblr-1213	198	75	influence	influence	VERB
cblr-1213	198	76	trading	trading	NOUN
cblr-1213	198	77	volume	volume	NOUN
cblr-1213	198	78	,	,	PUNCT
cblr-1213	198	79	the	the	DET
cblr-1213	198	80	availability	availability	NOUN
cblr-1213	198	81	of	of	ADP
cblr-1213	198	82	counterparties	counterpartie	NOUN
cblr-1213	198	83	,	,	PUNCT
cblr-1213	198	84	and	and	CCONJ
cblr-1213	198	85	liquidity	liquidity	NOUN
cblr-1213	198	86	.	.	PUNCT
cblr-1213	199	1	stock	stock	NOUN
cblr-1213	199	2	,	,	PUNCT
cblr-1213	199	3	for	for	ADP
cblr-1213	199	4	example	example	NOUN
cblr-1213	199	5	,	,	PUNCT
cblr-1213	199	6	represents	represent	VERB
cblr-1213	199	7	a	a	DET
cblr-1213	199	8	share	share	NOUN
cblr-1213	199	9	of	of	ADP
cblr-1213	199	10	ownership	ownership	NOUN
cblr-1213	199	11	in	in	ADP
cblr-1213	199	12	a	a	DET
cblr-1213	199	13	company	company	NOUN
cblr-1213	199	14	(	(	PUNCT
cblr-1213	199	15	i.e.	i.e.	X
cblr-1213	199	16	,	,	PUNCT
cblr-1213	199	17	equity	equity	NOUN
cblr-1213	199	18	)	)	PUNCT
cblr-1213	199	19	;	;	PUNCT
cblr-1213	199	20	the	the	DET
cblr-1213	199	21	stockholder	stockholder	NOUN
cblr-1213	199	22	is	be	AUX
cblr-1213	199	23	entitled	entitle	VERB
cblr-1213	199	24	to	to	ADP
cblr-1213	199	25	earnings	earning	NOUN
cblr-1213	199	26	,	,	PUNCT
cblr-1213	199	27	or	or	CCONJ
cblr-1213	199	28	dividends.35	dividends.35	VERB
cblr-1213	199	29	common	common	ADJ
cblr-1213	199	30	and	and	CCONJ
cblr-1213	199	31	preferred	preferred	ADJ
cblr-1213	199	32	stock	stock	NOUN
cblr-1213	199	33	are	be	AUX
cblr-1213	199	34	the	the	DET
cblr-1213	199	35	two	two	NUM
cblr-1213	199	36	big	big	ADJ
cblr-1213	199	37	buckets	bucket	NOUN
cblr-1213	199	38	of	of	ADP
cblr-1213	199	39	equity	equity	NOUN
cblr-1213	199	40	,	,	PUNCT
cblr-1213	199	41	with	with	ADP
cblr-1213	199	42	common	common	ADJ
cblr-1213	199	43	stock	stock	NOUN
cblr-1213	199	44	dominating	dominate	VERB
cblr-1213	199	45	the	the	DET
cblr-1213	199	46	exchanges	exchange	NOUN
cblr-1213	199	47	and	and	CCONJ
cblr-1213	199	48	serving	serve	VERB
cblr-1213	199	49	as	as	ADP
cblr-1213	199	50	the	the	DET
cblr-1213	199	51	focus	focus	NOUN
cblr-1213	199	52	of	of	ADP
cblr-1213	199	53	liquidity	liquidity	NOUN
cblr-1213	199	54	regulations.36	regulations.36	NOUN
cblr-1213	199	55	the	the	DET
cblr-1213	199	56	stock	stock	NOUN
cblr-1213	199	57	market	market	NOUN
cblr-1213	199	58	is	be	AUX
cblr-1213	199	59	comprised	comprise	VERB
cblr-1213	199	60	of	of	ADP
cblr-1213	199	61	central	central	ADJ
cblr-1213	199	62	exchange	exchange	NOUN
cblr-1213	199	63	where	where	SCONJ
cblr-1213	199	64	each	each	DET
cblr-1213	199	65	day	day	NOUN
cblr-1213	199	66	investors	investor	NOUN
cblr-1213	199	67	buy	buy	VERB
cblr-1213	199	68	and	and	CCONJ
cblr-1213	199	69	sell	sell	VERB
cblr-1213	199	70	over	over	ADP
cblr-1213	199	71	$	$	SYM
cblr-1213	199	72	5	5	NUM
cblr-1213	199	73	trillion	trillion	NUM
cblr-1213	199	74	in	in	ADP
cblr-1213	199	75	assets	asset	NOUN
cblr-1213	199	76	worldwide.37	worldwide.37	NOUN
cblr-1213	199	77	supply	supply	NOUN
cblr-1213	199	78	and	and	CCONJ
cblr-1213	199	79	demand	demand	NOUN
cblr-1213	199	80	for	for	ADP
cblr-1213	199	81	a	a	DET
cblr-1213	199	82	given	give	VERB
cblr-1213	199	83	stock	stock	NOUN
cblr-1213	199	84	,	,	PUNCT
cblr-1213	199	85	influenced	influence	VERB
cblr-1213	199	86	in	in	ADP
cblr-1213	199	87	part	part	NOUN
cblr-1213	199	88	by	by	ADP
cblr-1213	199	89	company	company	NOUN
cblr-1213	199	90	and	and	CCONJ
cblr-1213	199	91	market	market	NOUN
cblr-1213	199	92	-	-	PUNCT
cblr-1213	199	93	wide	wide	ADJ
cblr-1213	199	94	news	news	NOUN
cblr-1213	199	95	,	,	PUNCT
cblr-1213	199	96	drive	drive	VERB
cblr-1213	199	97	an	an	DET
cblr-1213	199	98	ever	ever	ADV
cblr-1213	199	99	-	-	PUNCT
cblr-1213	199	100	fluctuating	fluctuating	NOUN
cblr-1213	199	101	,	,	PUNCT
cblr-1213	199	102	but	but	CCONJ
cblr-1213	199	103	readily	readily	ADV
cblr-1213	199	104	available	available	ADJ
cblr-1213	199	105	,	,	PUNCT
cblr-1213	199	106	current	current	ADJ
cblr-1213	199	107	stock	stock	NOUN
cblr-1213	199	108	price.38	price.38	PROPN
cblr-1213	199	109	33	33	NUM
cblr-1213	199	110	facetime	facetime	NOUN
cblr-1213	199	111	interview	interview	NOUN
cblr-1213	199	112	with	with	ADP
cblr-1213	199	113	anonymous	anonymous	ADJ
cblr-1213	199	114	,	,	PUNCT
cblr-1213	199	115	supra	supra	ADJ
cblr-1213	199	116	note	note	PROPN
cblr-1213	199	117	23	23	NUM
cblr-1213	199	118	;	;	PUNCT
cblr-1213	199	119	see	see	VERB
cblr-1213	199	120	also	also	ADV
cblr-1213	199	121	pozen	pozen	ADJ
cblr-1213	199	122	,	,	PUNCT
cblr-1213	199	123	supra	supra	PROPN
cblr-1213	199	124	note	note	PROPN
cblr-1213	199	125	25	25	NUM
cblr-1213	199	126	,	,	PUNCT
cblr-1213	199	127	at	at	ADP
cblr-1213	199	128	217	217	NUM
cblr-1213	199	129	(	(	PUNCT
cblr-1213	199	130	“	"	PUNCT
cblr-1213	199	131	[	[	X
cblr-1213	199	132	p]ortfolio	p]ortfolio	PROPN
cblr-1213	199	133	managers	manager	NOUN
cblr-1213	199	134	need	need	VERB
cblr-1213	199	135	to	to	PART
cblr-1213	199	136	take	take	VERB
cblr-1213	199	137	into	into	ADP
cblr-1213	199	138	account	account	NOUN
cblr-1213	199	139	other	other	ADJ
cblr-1213	199	140	factors	factor	NOUN
cblr-1213	199	141	relating	relate	VERB
cblr-1213	199	142	to	to	ADP
cblr-1213	199	143	the	the	DET
cblr-1213	199	144	management	management	NOUN
cblr-1213	199	145	of	of	ADP
cblr-1213	199	146	a	a	DET
cblr-1213	199	147	mutual	mutual	ADJ
cblr-1213	199	148	fund	fund	NOUN
cblr-1213	199	149	.	.	PUNCT
cblr-1213	200	1	these	these	PRON
cblr-1213	200	2	include	include	VERB
cblr-1213	200	3	the	the	DET
cblr-1213	200	4	cash	cash	NOUN
cblr-1213	200	5	flows	flow	NOUN
cblr-1213	200	6	resulting	result	VERB
cblr-1213	200	7	from	from	ADP
cblr-1213	200	8	shareholder	shareholder	NOUN
cblr-1213	200	9	purchases	purchase	NOUN
cblr-1213	200	10	and	and	CCONJ
cblr-1213	200	11	redemptions	redemption	NOUN
cblr-1213	200	12	,	,	PUNCT
cblr-1213	200	13	as	as	ADV
cblr-1213	200	14	well	well	ADV
cblr-1213	200	15	as	as	ADP
cblr-1213	200	16	the	the	DET
cblr-1213	200	17	liquidity	liquidity	NOUN
cblr-1213	200	18	of	of	ADP
cblr-1213	200	19	individual	individual	ADJ
cblr-1213	200	20	securities	security	NOUN
cblr-1213	200	21	and	and	CCONJ
cblr-1213	200	22	market	market	NOUN
cblr-1213	200	23	sectors	sector	NOUN
cblr-1213	200	24	.	.	PUNCT
cblr-1213	200	25	”	"	PUNCT
cblr-1213	200	26	)	)	PUNCT
cblr-1213	200	27	.	.	PUNCT
cblr-1213	201	1	34	34	NUM
cblr-1213	201	2	facetime	facetime	NOUN
cblr-1213	201	3	interview	interview	NOUN
cblr-1213	201	4	with	with	ADP
cblr-1213	201	5	anonymous	anonymous	ADJ
cblr-1213	201	6	,	,	PUNCT
cblr-1213	201	7	supra	supra	ADJ
cblr-1213	201	8	note	note	NOUN
cblr-1213	201	9	23	23	NUM
cblr-1213	201	10	.	.	SYM
cblr-1213	201	11	35	35	NUM
cblr-1213	201	12	see	see	VERB
cblr-1213	201	13	gail	gail	PROPN
cblr-1213	201	14	rolland	rolland	PROPN
cblr-1213	201	15	,	,	PUNCT
cblr-1213	201	16	market	market	NOUN
cblr-1213	201	17	players	player	NOUN
cblr-1213	201	18	:	:	PUNCT
cblr-1213	201	19	a	a	DET
cblr-1213	201	20	guide	guide	NOUN
cblr-1213	201	21	to	to	ADP
cblr-1213	201	22	the	the	DET
cblr-1213	201	23	institutions	institution	NOUN
cblr-1213	201	24	in	in	ADP
cblr-1213	201	25	today	today	NOUN
cblr-1213	201	26	’s	’s	PART
cblr-1213	201	27	financial	financial	ADJ
cblr-1213	201	28	markets	market	NOUN
cblr-1213	201	29	xxi	xxi	ADJ
cblr-1213	201	30	–	–	PUNCT
cblr-1213	201	31	xxii	xxii	NOUN
cblr-1213	201	32	(	(	PUNCT
cblr-1213	201	33	2011	2011	NUM
cblr-1213	201	34	)	)	PUNCT
cblr-1213	201	35	(	(	PUNCT
cblr-1213	201	36	describing	describe	VERB
cblr-1213	201	37	stock	stock	NOUN
cblr-1213	201	38	attributes	attribute	NOUN
cblr-1213	201	39	)	)	PUNCT
cblr-1213	201	40	;	;	PUNCT
cblr-1213	201	41	see	see	VERB
cblr-1213	201	42	also	also	ADV
cblr-1213	201	43	pozen	pozen	ADJ
cblr-1213	201	44	,	,	PUNCT
cblr-1213	201	45	supra	supra	PROPN
cblr-1213	201	46	note	note	PROPN
cblr-1213	201	47	25	25	NUM
cblr-1213	201	48	,	,	PUNCT
cblr-1213	201	49	at	at	ADP
cblr-1213	201	50	211–12	211–12	PROPN
cblr-1213	201	51	(	(	PUNCT
cblr-1213	201	52	discussing	discuss	VERB
cblr-1213	201	53	dividends	dividend	NOUN
cblr-1213	201	54	)	)	PUNCT
cblr-1213	201	55	.	.	PUNCT
cblr-1213	202	1	36	36	NUM
cblr-1213	202	2	rolland	rolland	NOUN
cblr-1213	202	3	,	,	PUNCT
cblr-1213	202	4	supra	supra	PROPN
cblr-1213	202	5	note	note	PROPN
cblr-1213	202	6	35	35	NUM
cblr-1213	202	7	,	,	PUNCT
cblr-1213	202	8	at	at	ADP
cblr-1213	202	9	34–35	34–35	NUM
cblr-1213	202	10	(	(	PUNCT
cblr-1213	202	11	discussing	discuss	VERB
cblr-1213	202	12	the	the	DET
cblr-1213	202	13	initial	initial	ADJ
cblr-1213	202	14	public	public	ADJ
cblr-1213	202	15	offering	offering	NOUN
cblr-1213	202	16	of	of	ADP
cblr-1213	202	17	shares	share	NOUN
cblr-1213	202	18	and	and	CCONJ
cblr-1213	202	19	the	the	DET
cblr-1213	202	20	choice	choice	NOUN
cblr-1213	202	21	to	to	PART
cblr-1213	202	22	offer	offer	VERB
cblr-1213	202	23	common	common	ADJ
cblr-1213	202	24	or	or	CCONJ
cblr-1213	202	25	preferred	preferred	ADJ
cblr-1213	202	26	stock	stock	NOUN
cblr-1213	202	27	)	)	PUNCT
cblr-1213	202	28	;	;	PUNCT
cblr-1213	202	29	see	see	VERB
cblr-1213	202	30	also	also	ADV
cblr-1213	202	31	pozen	pozen	ADJ
cblr-1213	202	32	,	,	PUNCT
cblr-1213	202	33	supra	supra	PROPN
cblr-1213	202	34	note	note	PROPN
cblr-1213	202	35	25	25	NUM
cblr-1213	202	36	,	,	PUNCT
cblr-1213	202	37	at	at	ADP
cblr-1213	202	38	2225–28	2225–28	PROPN
cblr-1213	202	39	(	(	PUNCT
cblr-1213	202	40	discussing	discuss	VERB
cblr-1213	202	41	common	common	ADJ
cblr-1213	202	42	and	and	CCONJ
cblr-1213	202	43	preferred	preferred	ADJ
cblr-1213	202	44	stock	stock	NOUN
cblr-1213	202	45	)	)	PUNCT
cblr-1213	202	46	.	.	PUNCT
cblr-1213	203	1	37	37	NUM
cblr-1213	203	2	see	see	VERB
cblr-1213	203	3	david	david	PROPN
cblr-1213	203	4	scutt	scutt	PROPN
cblr-1213	203	5	,	,	PUNCT
cblr-1213	203	6	here	here	ADV
cblr-1213	203	7	’s	’	VERB
cblr-1213	203	8	how	how	SCONJ
cblr-1213	203	9	much	much	ADJ
cblr-1213	203	10	currency	currency	NOUN
cblr-1213	203	11	is	be	AUX
cblr-1213	203	12	traded	trade	VERB
cblr-1213	203	13	every	every	DET
cblr-1213	203	14	day	day	NOUN
cblr-1213	203	15	,	,	PUNCT
cblr-1213	203	16	business	business	NOUN
cblr-1213	203	17	insider	insider	NOUN
cblr-1213	203	18	(	(	PUNCT
cblr-1213	203	19	sept	sept	PROPN
cblr-1213	203	20	.	.	PROPN
cblr-1213	203	21	2	2	NUM
cblr-1213	203	22	,	,	PUNCT
cblr-1213	203	23	2016	2016	NUM
cblr-1213	203	24	)	)	PUNCT
cblr-1213	203	25	,	,	PUNCT
cblr-1213	203	26	http://www.businessinsider.com/hereshow-much-currency-is-traded-every-day-2016-9	http://www.businessinsider.com/hereshow-much-currency-is-traded-every-day-2016-9	NOUN
cblr-1213	204	1	[	[	X
cblr-1213	204	2	perma.cc/5xu9-859	perma.cc/5xu9-859	X
cblr-1213	204	3	t	t	X
cblr-1213	204	4	]	]	X
cblr-1213	204	5	(	(	PUNCT
cblr-1213	204	6	discussing	discuss	VERB
cblr-1213	204	7	the	the	DET
cblr-1213	204	8	size	size	NOUN
cblr-1213	204	9	of	of	ADP
cblr-1213	204	10	the	the	DET
cblr-1213	204	11	equities	equity	NOUN
cblr-1213	204	12	market	market	NOUN
cblr-1213	204	13	)	)	PUNCT
cblr-1213	204	14	.	.	PUNCT
cblr-1213	205	1	the	the	DET
cblr-1213	205	2	world	world	PROPN
cblr-1213	205	3	bank	bank	PROPN
cblr-1213	205	4	estimates	estimate	NOUN
cblr-1213	205	5	of	of	ADP
cblr-1213	205	6	global	global	ADJ
cblr-1213	205	7	trading	trading	NOUN
cblr-1213	205	8	value	value	NOUN
cblr-1213	205	9	at	at	ADP
cblr-1213	205	10	$	$	SYM
cblr-1213	205	11	77.5	77.5	NUM
cblr-1213	205	12	trillion	trillion	NUM
cblr-1213	205	13	in	in	ADP
cblr-1213	205	14	2016	2016	NUM
cblr-1213	205	15	.	.	PUNCT
cblr-1213	206	1	stocks	stock	NOUN
cblr-1213	206	2	traded	trade	VERB
cblr-1213	206	3	,	,	PUNCT
cblr-1213	206	4	total	total	ADJ
cblr-1213	206	5	value	value	NOUN
cblr-1213	206	6	,	,	PUNCT
cblr-1213	206	7	world	world	PROPN
cblr-1213	206	8	bank	bank	PROPN
cblr-1213	206	9	,	,	PUNCT
cblr-1213	206	10	http://data.worldbank.org/indicator/cm.mkt.trad.cd	http://data.worldbank.org/indicator/cm.mkt.trad.cd	PRON
cblr-1213	206	11	(	(	PUNCT
cblr-1213	206	12	last	last	ADV
cblr-1213	206	13	visited	visit	VERB
cblr-1213	206	14	jan	jan	PROPN
cblr-1213	206	15	.	.	PROPN
cblr-1213	206	16	26	26	NUM
cblr-1213	206	17	,	,	PUNCT
cblr-1213	206	18	2018	2018	NUM
cblr-1213	206	19	)	)	PUNCT
cblr-1213	206	20	.	.	PUNCT
cblr-1213	207	1	for	for	ADP
cblr-1213	207	2	a	a	DET
cblr-1213	207	3	list	list	NOUN
cblr-1213	207	4	of	of	ADP
cblr-1213	207	5	major	major	ADJ
cblr-1213	207	6	exchanges	exchange	NOUN
cblr-1213	207	7	worldwide	worldwide	ADV
cblr-1213	207	8	,	,	PUNCT
cblr-1213	207	9	and	and	CCONJ
cblr-1213	207	10	their	their	PRON
cblr-1213	207	11	visualization	visualization	NOUN
cblr-1213	207	12	by	by	ADP
cblr-1213	207	13	size	size	NOUN
cblr-1213	207	14	,	,	PUNCT
cblr-1213	207	15	see	see	VERB
cblr-1213	207	16	all	all	PRON
cblr-1213	207	17	of	of	ADP
cblr-1213	207	18	the	the	DET
cblr-1213	207	19	world	world	NOUN
cblr-1213	207	20	’s	’s	PART
cblr-1213	207	21	stock	stock	NOUN
cblr-1213	207	22	exchanges	exchange	NOUN
cblr-1213	207	23	by	by	ADP
cblr-1213	207	24	size	size	NOUN
cblr-1213	207	25	,	,	PUNCT
cblr-1213	207	26	money	money	NOUN
cblr-1213	207	27	project	project	NOUN
cblr-1213	207	28	(	(	PUNCT
cblr-1213	207	29	feb	feb	PROPN
cblr-1213	207	30	.	.	PROPN
cblr-1213	207	31	16	16	NUM
cblr-1213	207	32	,	,	PUNCT
cblr-1213	207	33	2016	2016	NUM
cblr-1213	207	34	)	)	PUNCT
cblr-1213	207	35	,	,	PUNCT
cblr-1213	208	1	http://money.visualcapitalist.com/all-of-theworlds-stock-exchanges-by-size/	http://money.visualcapitalist.com/all-of-theworlds-stock-exchanges-by-size/	PROPN
cblr-1213	208	2	[	[	X
cblr-1213	208	3	https://perma	https://perma	X
cblr-1213	208	4	.	.	PUNCT
cblr-1213	208	5	cc	cc	PROPN
cblr-1213	208	6	/	/	SYM
cblr-1213	208	7	xle4	xle4	PROPN
cblr-1213	208	8	-	-	PUNCT
cblr-1213	208	9	zfuj	zfuj	PROPN
cblr-1213	208	10	]	]	X
cblr-1213	208	11	.	.	PUNCT
cblr-1213	209	1	38	38	NUM
cblr-1213	209	2	see	see	VERB
cblr-1213	209	3	generally	generally	ADV
cblr-1213	209	4	,	,	PUNCT
cblr-1213	209	5	pozen	pozen	ADJ
cblr-1213	209	6	,	,	PUNCT
cblr-1213	209	7	supra	supra	PROPN
cblr-1213	209	8	note	note	PROPN
cblr-1213	209	9	25	25	NUM
cblr-1213	209	10	,	,	PUNCT
cblr-1213	209	11	at	at	ADP
cblr-1213	209	12	215–19	215–19	PROPN
cblr-1213	209	13	(	(	PUNCT
cblr-1213	209	14	discussing	discuss	VERB
cblr-1213	209	15	portfolio	portfolio	NOUN
cblr-1213	209	16	managers	manager	NOUN
cblr-1213	209	17	and	and	CCONJ
cblr-1213	209	18	active	active	ADJ
cblr-1213	209	19	management	management	NOUN
cblr-1213	209	20	strategies	strategy	NOUN
cblr-1213	209	21	that	that	PRON
cblr-1213	209	22	incorporate	incorporate	VERB
cblr-1213	209	23	corporate	corporate	ADJ
cblr-1213	209	24	news	news	NOUN
cblr-1213	209	25	events	event	NOUN
cblr-1213	209	26	)	)	PUNCT
cblr-1213	209	27	.	.	PUNCT
cblr-1213	210	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	210	2	142	142	NUM
cblr-1213	210	3	columbia	columbia	PROPN
cblr-1213	210	4	business	business	NOUN
cblr-1213	210	5	law	law	PROPN
cblr-1213	210	6	review	review	NOUN
cblr-1213	210	7	[	[	X
cblr-1213	210	8	vol	vol	NOUN
cblr-1213	210	9	.	.	NOUN
cblr-1213	210	10	2018	2018	NUM
cblr-1213	210	11	bonds	bond	NOUN
cblr-1213	210	12	,	,	PUNCT
cblr-1213	210	13	on	on	ADP
cblr-1213	210	14	the	the	DET
cblr-1213	210	15	other	other	ADJ
cblr-1213	210	16	hand	hand	NOUN
cblr-1213	210	17	,	,	PUNCT
cblr-1213	210	18	are	be	AUX
cblr-1213	210	19	contractual	contractual	ADJ
cblr-1213	210	20	agreements	agreement	NOUN
cblr-1213	210	21	to	to	PART
cblr-1213	210	22	pay	pay	VERB
cblr-1213	210	23	money	money	NOUN
cblr-1213	210	24	(	(	PUNCT
cblr-1213	210	25	i.e.	i.e.	X
cblr-1213	210	26	,	,	PUNCT
cblr-1213	210	27	a	a	DET
cblr-1213	210	28	debt	debt	NOUN
cblr-1213	210	29	)	)	PUNCT
cblr-1213	210	30	with	with	ADP
cblr-1213	210	31	a	a	DET
cblr-1213	210	32	range	range	NOUN
cblr-1213	210	33	of	of	ADP
cblr-1213	210	34	features	feature	NOUN
cblr-1213	210	35	including	include	VERB
cblr-1213	210	36	varying	vary	VERB
cblr-1213	210	37	qualities	quality	NOUN
cblr-1213	210	38	,	,	PUNCT
cblr-1213	210	39	variable	variable	ADJ
cblr-1213	210	40	or	or	CCONJ
cblr-1213	210	41	fixed	fix	VERB
cblr-1213	210	42	coupons	coupon	NOUN
cblr-1213	210	43	(	(	PUNCT
cblr-1213	210	44	or	or	CCONJ
cblr-1213	210	45	interest	interest	NOUN
cblr-1213	210	46	rates	rate	NOUN
cblr-1213	210	47	)	)	PUNCT
cblr-1213	210	48	,	,	PUNCT
cblr-1213	210	49	maturities	maturity	NOUN
cblr-1213	210	50	,	,	PUNCT
cblr-1213	210	51	and	and	CCONJ
cblr-1213	210	52	yields.39	yields.39	NOUN
cblr-1213	210	53	interest	interest	NOUN
cblr-1213	210	54	rates	rate	NOUN
cblr-1213	210	55	and	and	CCONJ
cblr-1213	210	56	credit	credit	NOUN
cblr-1213	210	57	ratings	rating	NOUN
cblr-1213	210	58	affect	affect	VERB
cblr-1213	210	59	bond	bond	NOUN
cblr-1213	210	60	pricing.40	pricing.40	PROPN
cblr-1213	210	61	bonds	bond	NOUN
cblr-1213	210	62	primarily	primarily	ADV
cblr-1213	210	63	trade	trade	VERB
cblr-1213	210	64	over	over	ADP
cblr-1213	210	65	the	the	DET
cblr-1213	210	66	counter	counter	NOUN
cblr-1213	210	67	(	(	PUNCT
cblr-1213	210	68	“	"	PUNCT
cblr-1213	210	69	otc”),41	otc”),41	NOUN
cblr-1213	210	70	through	through	ADP
cblr-1213	210	71	intermediaries	intermediary	NOUN
cblr-1213	210	72	,	,	PUNCT
cblr-1213	210	73	such	such	ADJ
cblr-1213	210	74	as	as	ADP
cblr-1213	210	75	broker	broker	NOUN
cblr-1213	210	76	-	-	PUNCT
cblr-1213	210	77	dealers	dealer	NOUN
cblr-1213	210	78	,	,	PUNCT
cblr-1213	210	79	in	in	ADP
cblr-1213	210	80	order	order	NOUN
cblr-1213	210	81	to	to	PART
cblr-1213	210	82	link	link	VERB
cblr-1213	210	83	counterparties.42	counterparties.42	NOUN
cblr-1213	210	84	bonds	bond	NOUN
cblr-1213	210	85	trade	trade	VERB
cblr-1213	210	86	at	at	ADP
cblr-1213	210	87	a	a	DET
cblr-1213	210	88	variable	variable	ADJ
cblr-1213	210	89	pace	pace	NOUN
cblr-1213	210	90	,	,	PUNCT
cblr-1213	210	91	with	with	ADP
cblr-1213	210	92	a	a	DET
cblr-1213	210	93	particular	particular	ADJ
cblr-1213	210	94	bond	bond	NOUN
cblr-1213	210	95	possibly	possibly	ADV
cblr-1213	210	96	not	not	PART
cblr-1213	210	97	trading	trade	VERB
cblr-1213	210	98	for	for	ADP
cblr-1213	210	99	weeks	week	NOUN
cblr-1213	210	100	or	or	CCONJ
cblr-1213	210	101	even	even	ADV
cblr-1213	210	102	months.43	months.43	NOUN
cblr-1213	210	103	because	because	SCONJ
cblr-1213	210	104	of	of	ADP
cblr-1213	210	105	this	this	PRON
cblr-1213	210	106	,	,	PUNCT
cblr-1213	210	107	current	current	ADJ
cblr-1213	210	108	prices	price	NOUN
cblr-1213	210	109	may	may	AUX
cblr-1213	210	110	not	not	PART
cblr-1213	210	111	be	be	AUX
cblr-1213	210	112	readily	readily	ADV
cblr-1213	210	113	available	available	ADJ
cblr-1213	210	114	,	,	PUNCT
cblr-1213	210	115	making	make	VERB
cblr-1213	210	116	it	it	PRON
cblr-1213	210	117	difficult	difficult	ADJ
cblr-1213	210	118	to	to	PART
cblr-1213	210	119	trade	trade	VERB
cblr-1213	210	120	bonds	bond	NOUN
cblr-1213	210	121	on	on	ADP
cblr-1213	210	122	the	the	DET
cblr-1213	210	123	stock	stock	NOUN
cblr-1213	210	124	market.44	market.44	NOUN
cblr-1213	210	125	otc	otc	PROPN
cblr-1213	210	126	bonds	bond	NOUN
cblr-1213	210	127	may	may	AUX
cblr-1213	210	128	be	be	AUX
cblr-1213	210	129	traded	trade	VERB
cblr-1213	210	130	over	over	ADP
cblr-1213	210	131	the	the	DET
cblr-1213	210	132	telephone	telephone	NOUN
cblr-1213	210	133	so	so	SCONJ
cblr-1213	210	134	that	that	SCONJ
cblr-1213	210	135	traders	trader	NOUN
cblr-1213	210	136	can	can	AUX
cblr-1213	210	137	capture	capture	VERB
cblr-1213	210	138	the	the	DET
cblr-1213	210	139	most	most	ADV
cblr-1213	210	140	current	current	ADJ
cblr-1213	210	141	information	information	NOUN
cblr-1213	210	142	about	about	ADP
cblr-1213	210	143	the	the	DET
cblr-1213	210	144	availability	availability	NOUN
cblr-1213	210	145	of	of	ADP
cblr-1213	210	146	buyers	buyer	NOUN
cblr-1213	210	147	and	and	CCONJ
cblr-1213	210	148	the	the	DET
cblr-1213	210	149	bond	bond	NOUN
cblr-1213	210	150	features	feature	VERB
cblr-1213	210	151	themselves	themselves	PRON
cblr-1213	210	152	.	.	PUNCT
cblr-1213	211	1	assets	asset	NOUN
cblr-1213	211	2	outside	outside	ADP
cblr-1213	211	3	the	the	DET
cblr-1213	211	4	mainstream	mainstream	NOUN
cblr-1213	211	5	classes	class	NOUN
cblr-1213	211	6	of	of	ADP
cblr-1213	211	7	stocks	stock	NOUN
cblr-1213	211	8	and	and	CCONJ
cblr-1213	211	9	bonds	bond	NOUN
cblr-1213	211	10	introduce	introduce	VERB
cblr-1213	211	11	new	new	ADJ
cblr-1213	211	12	complexity	complexity	NOUN
cblr-1213	211	13	and	and	CCONJ
cblr-1213	211	14	obscurity	obscurity	NOUN
cblr-1213	211	15	that	that	PRON
cblr-1213	211	16	impact	impact	VERB
cblr-1213	211	17	a	a	DET
cblr-1213	211	18	security	security	NOUN
cblr-1213	211	19	’s	’s	PART
cblr-1213	211	20	perceived	perceive	VERB
cblr-1213	211	21	liquidity.45	liquidity.45	ADV
cblr-1213	211	22	for	for	ADP
cblr-1213	211	23	example	example	NOUN
cblr-1213	211	24	,	,	PUNCT
cblr-1213	211	25	a	a	DET
cblr-1213	211	26	mortgage	mortgage	NOUN
cblr-1213	211	27	-	-	PUNCT
cblr-1213	211	28	backed	back	VERB
cblr-1213	211	29	security	security	NOUN
cblr-1213	211	30	(	(	PUNCT
cblr-1213	211	31	“	"	PUNCT
cblr-1213	211	32	mbs	mbs	X
cblr-1213	211	33	”	"	PUNCT
cblr-1213	211	34	)	)	PUNCT
cblr-1213	211	35	experiences	experience	VERB
cblr-1213	211	36	a	a	DET
cblr-1213	211	37	limited	limited	ADJ
cblr-1213	211	38	trading	trading	NOUN
cblr-1213	211	39	market	market	NOUN
cblr-1213	211	40	,	,	PUNCT
cblr-1213	211	41	as	as	SCONJ
cblr-1213	211	42	it	it	PRON
cblr-1213	211	43	is	be	AUX
cblr-1213	211	44	a	a	DET
cblr-1213	211	45	complex	complex	ADJ
cblr-1213	211	46	,	,	PUNCT
cblr-1213	211	47	structured	structured	ADJ
cblr-1213	211	48	investment	investment	NOUN
cblr-1213	211	49	vehicle	vehicle	NOUN
cblr-1213	211	50	with	with	ADP
cblr-1213	211	51	a	a	DET
cblr-1213	211	52	limited	limited	ADJ
cblr-1213	211	53	consortium	consortium	NOUN
cblr-1213	211	54	of	of	ADP
cblr-1213	211	55	buyers.46	buyers.46	PROPN
cblr-1213	211	56	pools	pool	NOUN
cblr-1213	211	57	of	of	ADP
cblr-1213	211	58	individual	individual	ADJ
cblr-1213	211	59	mortgages	mortgage	NOUN
cblr-1213	211	60	are	be	AUX
cblr-1213	211	61	collateral	collateral	ADJ
cblr-1213	211	62	for	for	ADP
cblr-1213	211	63	an	an	DET
cblr-1213	211	64	mbs	mb	NOUN
cblr-1213	211	65	,	,	PUNCT
cblr-1213	211	66	which	which	PRON
cblr-1213	211	67	are	be	AUX
cblr-1213	211	68	subject	subject	ADJ
cblr-1213	211	69	to	to	ADP
cblr-1213	211	70	credit	credit	NOUN
cblr-1213	211	71	and	and	CCONJ
cblr-1213	211	72	default	default	VERB
cblr-1213	211	73	39	39	NUM
cblr-1213	212	1	i	i	PRON
cblr-1213	212	2	d.	d.	PROPN
cblr-1213	212	3	at	at	ADP
cblr-1213	212	4	167–70	167–70	PROPN
cblr-1213	212	5	(	(	PUNCT
cblr-1213	212	6	describing	describe	VERB
cblr-1213	212	7	the	the	DET
cblr-1213	212	8	bond	bond	NOUN
cblr-1213	212	9	market	market	NOUN
cblr-1213	212	10	generally	generally	ADV
cblr-1213	212	11	and	and	CCONJ
cblr-1213	212	12	key	key	ADJ
cblr-1213	212	13	features	feature	NOUN
cblr-1213	212	14	)	)	PUNCT
cblr-1213	212	15	.	.	PUNCT
cblr-1213	213	1	40	40	NUM
cblr-1213	213	2	rolland	rolland	NOUN
cblr-1213	213	3	,	,	PUNCT
cblr-1213	213	4	supra	supra	PROPN
cblr-1213	213	5	note	note	PROPN
cblr-1213	213	6	35	35	NUM
cblr-1213	213	7	,	,	PUNCT
cblr-1213	213	8	at	at	ADP
cblr-1213	213	9	xx	xx	NUM
cblr-1213	213	10	(	(	PUNCT
cblr-1213	213	11	“	"	PUNCT
cblr-1213	213	12	credit	credit	NOUN
cblr-1213	213	13	risk	risk	NOUN
cblr-1213	213	14	is	be	AUX
cblr-1213	213	15	the	the	DET
cblr-1213	213	16	risk	risk	NOUN
cblr-1213	213	17	that	that	SCONJ
cblr-1213	213	18	the	the	DET
cblr-1213	213	19	borrower	borrower	NOUN
cblr-1213	213	20	will	will	AUX
cblr-1213	213	21	not	not	PART
cblr-1213	213	22	make	make	VERB
cblr-1213	213	23	the	the	DET
cblr-1213	213	24	expected	expect	VERB
cblr-1213	213	25	payments	payment	NOUN
cblr-1213	213	26	,	,	PUNCT
cblr-1213	213	27	such	such	ADJ
cblr-1213	213	28	as	as	ADP
cblr-1213	213	29	repaying	repay	VERB
cblr-1213	213	30	the	the	DET
cblr-1213	213	31	debt	debt	NOUN
cblr-1213	213	32	at	at	ADP
cblr-1213	213	33	maturing	mature	VERB
cblr-1213	213	34	or	or	CCONJ
cblr-1213	213	35	the	the	DET
cblr-1213	213	36	interest	interest	NOUN
cblr-1213	213	37	payments	payment	NOUN
cblr-1213	213	38	promised	promise	VERB
cblr-1213	213	39	.	.	PUNCT
cblr-1213	214	1	interest	interest	NOUN
cblr-1213	214	2	rate	rate	NOUN
cblr-1213	214	3	risk	risk	NOUN
cblr-1213	214	4	comes	come	VERB
cblr-1213	214	5	about	about	ADV
cblr-1213	214	6	from	from	ADP
cblr-1213	214	7	these	these	DET
cblr-1213	214	8	interest	interest	NOUN
cblr-1213	214	9	payments	payment	NOUN
cblr-1213	214	10	.	.	PUNCT
cblr-1213	214	11	”	"	PUNCT
cblr-1213	214	12	)	)	PUNCT
cblr-1213	214	13	.	.	PUNCT
cblr-1213	215	1	41	41	NUM
cblr-1213	215	2	melissa	melissa	PROPN
cblr-1213	215	3	woodley	woodley	NOUN
cblr-1213	215	4	,	,	PUNCT
cblr-1213	215	5	liquidity	liquidity	NOUN
cblr-1213	215	6	in	in	ADP
cblr-1213	215	7	the	the	DET
cblr-1213	215	8	over	over	ADP
cblr-1213	215	9	-	-	PUNCT
cblr-1213	215	10	the	the	DET
cblr-1213	215	11	-	-	PUNCT
cblr-1213	215	12	counter	counter	NOUN
cblr-1213	215	13	market	market	NOUN
cblr-1213	215	14	for	for	ADP
cblr-1213	215	15	corporate	corporate	ADJ
cblr-1213	215	16	bonds	bond	NOUN
cblr-1213	215	17	1	1	NUM
cblr-1213	215	18	(	(	PUNCT
cblr-1213	215	19	jan	jan	PROPN
cblr-1213	215	20	.	.	PROPN
cblr-1213	215	21	17	17	NUM
cblr-1213	215	22	,	,	PUNCT
cblr-1213	215	23	2008	2008	NUM
cblr-1213	215	24	)	)	PUNCT
cblr-1213	215	25	(	(	PUNCT
cblr-1213	215	26	unpublished	unpublished	ADJ
cblr-1213	215	27	manuscript	manuscript	NOUN
cblr-1213	215	28	)	)	PUNCT
cblr-1213	215	29	,	,	PUNCT
cblr-1213	215	30	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1084560	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1084560	PROPN
cblr-1213	216	1	[	[	X
cblr-1213	216	2	perma.cc/	perma.cc/	X
cblr-1213	216	3	wke733tc	wke733tc	ADP
cblr-1213	216	4	]	]	PUNCT
cblr-1213	216	5	.	.	PUNCT
cblr-1213	217	1	42	42	NUM
cblr-1213	217	2	nathan	nathan	PROPN
cblr-1213	217	3	foley	foley	PROPN
cblr-1213	217	4	-	-	PUNCT
cblr-1213	217	5	fisher	fisher	PROPN
cblr-1213	217	6	et	et	PROPN
cblr-1213	217	7	al	al	PROPN
cblr-1213	217	8	.	.	PROPN
cblr-1213	217	9	,	,	PUNCT
cblr-1213	217	10	over	over	ADP
cblr-1213	217	11	-	-	PUNCT
cblr-1213	217	12	the	the	DET
cblr-1213	217	13	-	-	PUNCT
cblr-1213	217	14	counter	counter	NOUN
cblr-1213	217	15	market	market	NOUN
cblr-1213	217	16	liquidity	liquidity	NOUN
cblr-1213	217	17	and	and	CCONJ
cblr-1213	217	18	securities	security	NOUN
cblr-1213	217	19	lending	lending	NOUN
cblr-1213	217	20	7	7	NUM
cblr-1213	217	21	(	(	PUNCT
cblr-1213	217	22	june	june	PROPN
cblr-1213	217	23	25	25	NUM
cblr-1213	217	24	,	,	PUNCT
cblr-1213	217	25	2017	2017	NUM
cblr-1213	217	26	)	)	PUNCT
cblr-1213	217	27	(	(	PUNCT
cblr-1213	217	28	unpublished	unpublished	ADJ
cblr-1213	217	29	manuscript	manuscript	NOUN
cblr-1213	217	30	)	)	PUNCT
cblr-1213	217	31	,	,	PUNCT
cblr-1213	217	32	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2869959	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2869959	VERB
cblr-1213	217	33	[	[	X
cblr-1213	217	34	perma.cc/vhx5t9lc	perma.cc/vhx5t9lc	PROPN
cblr-1213	217	35	]	]	PUNCT
cblr-1213	217	36	.	.	PUNCT
cblr-1213	218	1	43	43	NUM
cblr-1213	218	2	facetime	facetime	NOUN
cblr-1213	218	3	interview	interview	NOUN
cblr-1213	218	4	with	with	ADP
cblr-1213	218	5	anonymous	anonymous	ADJ
cblr-1213	218	6	,	,	PUNCT
cblr-1213	218	7	supra	supra	ADJ
cblr-1213	218	8	note	note	NOUN
cblr-1213	218	9	23	23	NUM
cblr-1213	218	10	.	.	PUNCT
cblr-1213	218	11	44	44	NUM
cblr-1213	219	1	i	i	PRON
cblr-1213	219	2	d.	d.	PROPN
cblr-1213	219	3	45	45	NUM
cblr-1213	219	4	pozen	pozen	NOUN
cblr-1213	219	5	,	,	PUNCT
cblr-1213	219	6	supra	supra	PROPN
cblr-1213	219	7	note	note	PROPN
cblr-1213	219	8	25	25	NUM
cblr-1213	219	9	,	,	PUNCT
cblr-1213	219	10	at	at	ADP
cblr-1213	219	11	217	217	NUM
cblr-1213	219	12	(	(	PUNCT
cblr-1213	219	13	noting	note	VERB
cblr-1213	219	14	that	that	SCONJ
cblr-1213	219	15	the	the	DET
cblr-1213	219	16	liquidity	liquidity	NOUN
cblr-1213	219	17	of	of	ADP
cblr-1213	219	18	securities	security	NOUN
cblr-1213	219	19	is	be	AUX
cblr-1213	219	20	“	"	PUNCT
cblr-1213	219	21	especially	especially	ADV
cblr-1213	219	22	important	important	ADJ
cblr-1213	219	23	in	in	ADP
cblr-1213	219	24	thinly	thinly	ADV
cblr-1213	219	25	traded	trade	VERB
cblr-1213	219	26	markets	market	NOUN
cblr-1213	219	27	”	"	PUNCT
cblr-1213	219	28	)	)	PUNCT
cblr-1213	219	29	.	.	PUNCT
cblr-1213	220	1	46	46	NUM
cblr-1213	220	2	see	see	VERB
cblr-1213	220	3	rolland	rolland	NOUN
cblr-1213	220	4	,	,	PUNCT
cblr-1213	220	5	supra	supra	PROPN
cblr-1213	220	6	note	note	PROPN
cblr-1213	220	7	35	35	NUM
cblr-1213	220	8	,	,	PUNCT
cblr-1213	220	9	at	at	ADP
cblr-1213	220	10	183–84	183–84	NOUN
cblr-1213	220	11	.	.	PUNCT
cblr-1213	221	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	222	1	no	no	INTJ
cblr-1213	222	2	.	.	PUNCT
cblr-1213	223	1	1:130	1:130	NUM
cblr-1213	223	2	]	]	X
cblr-1213	223	3	will	will	AUX
cblr-1213	223	4	swing	swing	VERB
cblr-1213	223	5	pricing	pricing	NOUN
cblr-1213	223	6	save	save	VERB
cblr-1213	223	7	sedentary	sedentary	ADJ
cblr-1213	223	8	shareholders	shareholder	NOUN
cblr-1213	223	9	?	?	PUNCT
cblr-1213	224	1	143	143	NUM
cblr-1213	224	2	risks.47	risks.47	NOUN
cblr-1213	224	3	the	the	DET
cblr-1213	224	4	interest	interest	NOUN
cblr-1213	224	5	and	and	CCONJ
cblr-1213	224	6	principal	principal	ADJ
cblr-1213	224	7	payments	payment	NOUN
cblr-1213	224	8	of	of	ADP
cblr-1213	224	9	these	these	DET
cblr-1213	224	10	mortgages	mortgage	NOUN
cblr-1213	224	11	support	support	VERB
cblr-1213	224	12	the	the	DET
cblr-1213	224	13	mbs	mb	NOUN
cblr-1213	224	14	,	,	PUNCT
cblr-1213	224	15	and	and	CCONJ
cblr-1213	224	16	any	any	DET
cblr-1213	224	17	mortgage	mortgage	NOUN
cblr-1213	224	18	default	default	NOUN
cblr-1213	224	19	affects	affect	VERB
cblr-1213	224	20	the	the	DET
cblr-1213	224	21	pooled	pool	VERB
cblr-1213	224	22	security.48	security.48	NOUN
cblr-1213	224	23	as	as	ADP
cblr-1213	224	24	default	default	NOUN
cblr-1213	224	25	rates	rate	NOUN
cblr-1213	224	26	rise	rise	VERB
cblr-1213	224	27	in	in	ADP
cblr-1213	224	28	the	the	DET
cblr-1213	224	29	pooled	pool	VERB
cblr-1213	224	30	mortgages	mortgage	NOUN
cblr-1213	224	31	,	,	PUNCT
cblr-1213	224	32	the	the	DET
cblr-1213	224	33	mbs	mbs	NOUN
cblr-1213	224	34	is	be	AUX
cblr-1213	224	35	also	also	ADV
cblr-1213	224	36	more	more	ADV
cblr-1213	224	37	likely	likely	ADJ
cblr-1213	224	38	to	to	PART
cblr-1213	224	39	default.49	default.49	PROPN
cblr-1213	224	40	increased	increase	VERB
cblr-1213	224	41	default	default	NOUN
cblr-1213	224	42	risk	risk	NOUN
cblr-1213	224	43	negatively	negatively	ADV
cblr-1213	224	44	affects	affect	VERB
cblr-1213	224	45	an	an	DET
cblr-1213	224	46	investor	investor	NOUN
cblr-1213	224	47	’s	’s	PART
cblr-1213	224	48	ability	ability	NOUN
cblr-1213	224	49	to	to	PART
cblr-1213	224	50	sell	sell	VERB
cblr-1213	224	51	the	the	DET
cblr-1213	224	52	mbs	mb	NOUN
cblr-1213	224	53	,	,	PUNCT
cblr-1213	224	54	and	and	CCONJ
cblr-1213	224	55	,	,	PUNCT
cblr-1213	224	56	thus	thus	ADV
cblr-1213	224	57	negatively	negatively	ADV
cblr-1213	224	58	affects	affect	VERB
cblr-1213	224	59	the	the	DET
cblr-1213	224	60	value	value	NOUN
cblr-1213	224	61	of	of	ADP
cblr-1213	224	62	the	the	DET
cblr-1213	224	63	security.50	security.50	PROPN
cblr-1213	224	64	limited	limit	VERB
cblr-1213	224	65	buyers	buyer	NOUN
cblr-1213	224	66	and	and	CCONJ
cblr-1213	224	67	depressed	depressed	ADJ
cblr-1213	224	68	pricing	pricing	NOUN
cblr-1213	224	69	may	may	AUX
cblr-1213	224	70	produce	produce	VERB
cblr-1213	224	71	a	a	DET
cblr-1213	224	72	wider	wide	ADJ
cblr-1213	224	73	bid	bid	NOUN
cblr-1213	224	74	/	/	SYM
cblr-1213	224	75	ask	ask	NOUN
cblr-1213	224	76	spread	spread	NOUN
cblr-1213	224	77	on	on	ADP
cblr-1213	224	78	an	an	DET
cblr-1213	224	79	mbs	mb	NOUN
cblr-1213	224	80	when	when	SCONJ
cblr-1213	224	81	a	a	DET
cblr-1213	224	82	portfolio	portfolio	NOUN
cblr-1213	224	83	manager	manager	NOUN
cblr-1213	224	84	decides	decide	VERB
cblr-1213	224	85	or	or	CCONJ
cblr-1213	224	86	is	be	AUX
cblr-1213	224	87	forced	force	VERB
cblr-1213	224	88	to	to	PART
cblr-1213	224	89	sell	sell	VERB
cblr-1213	224	90	an	an	DET
cblr-1213	224	91	mbs	mb	NOUN
cblr-1213	224	92	position	position	NOUN
cblr-1213	224	93	.	.	PUNCT
cblr-1213	225	1	51	51	NUM
cblr-1213	225	2	a	a	DET
cblr-1213	225	3	wider	wide	ADJ
cblr-1213	225	4	bid	bid	NOUN
cblr-1213	225	5	/	/	SYM
cblr-1213	225	6	ask	ask	NOUN
cblr-1213	225	7	spread	spread	NOUN
cblr-1213	225	8	indicates	indicate	VERB
cblr-1213	225	9	that	that	SCONJ
cblr-1213	225	10	the	the	DET
cblr-1213	225	11	security	security	NOUN
cblr-1213	225	12	is	be	AUX
cblr-1213	225	13	less	less	ADV
cblr-1213	225	14	liquid	liquid	ADJ
cblr-1213	225	15	,	,	PUNCT
cblr-1213	225	16	and	and	CCONJ
cblr-1213	225	17	a	a	DET
cblr-1213	225	18	greater	great	ADJ
cblr-1213	225	19	disparity	disparity	NOUN
cblr-1213	225	20	between	between	ADP
cblr-1213	225	21	the	the	DET
cblr-1213	225	22	expected	expect	VERB
cblr-1213	225	23	market	market	NOUN
cblr-1213	225	24	price	price	NOUN
cblr-1213	225	25	and	and	CCONJ
cblr-1213	225	26	price	price	NOUN
cblr-1213	225	27	actually	actually	ADV
cblr-1213	225	28	received	receive	VERB
cblr-1213	225	29	indicates	indicate	VERB
cblr-1213	225	30	a	a	DET
cblr-1213	225	31	riskier	risky	ADJ
cblr-1213	225	32	investment.52	investment.52	NOUN
cblr-1213	225	33	the	the	DET
cblr-1213	225	34	2008	2008	NUM
cblr-1213	225	35	financial	financial	ADJ
cblr-1213	225	36	crisis	crisis	NOUN
cblr-1213	225	37	exemplifies	exemplify	VERB
cblr-1213	225	38	a	a	DET
cblr-1213	225	39	time	time	NOUN
cblr-1213	225	40	when	when	SCONJ
cblr-1213	225	41	homeowners	homeowner	NOUN
cblr-1213	225	42	defaulted	default	VERB
cblr-1213	225	43	on	on	ADP
cblr-1213	225	44	mortgage	mortgage	NOUN
cblr-1213	225	45	payments	payment	NOUN
cblr-1213	225	46	,	,	PUNCT
cblr-1213	225	47	which	which	PRON
cblr-1213	225	48	resulted	result	VERB
cblr-1213	225	49	in	in	ADP
cblr-1213	225	50	a	a	DET
cblr-1213	225	51	downward	downward	ADJ
cblr-1213	225	52	spiral	spiral	NOUN
cblr-1213	225	53	for	for	ADP
cblr-1213	225	54	mbs	mb	NOUN
cblr-1213	225	55	value	value	NOUN
cblr-1213	225	56	where	where	SCONJ
cblr-1213	225	57	few	few	ADJ
cblr-1213	225	58	buyers	buyer	NOUN
cblr-1213	225	59	existed	exist	VERB
cblr-1213	225	60	and	and	CCONJ
cblr-1213	225	61	those	those	PRON
cblr-1213	225	62	who	who	PRON
cblr-1213	225	63	did	do	VERB
cblr-1213	225	64	were	be	AUX
cblr-1213	225	65	only	only	ADV
cblr-1213	225	66	willing	willing	ADJ
cblr-1213	225	67	to	to	PART
cblr-1213	225	68	pay	pay	VERB
cblr-1213	225	69	cents	cent	NOUN
cblr-1213	225	70	on	on	ADP
cblr-1213	225	71	the	the	DET
cblr-1213	225	72	dollar	dollar	NOUN
cblr-1213	225	73	.	.	PUNCT
cblr-1213	226	1	the	the	DET
cblr-1213	226	2	aggregate	aggregate	NOUN
cblr-1213	226	3	of	of	ADP
cblr-1213	226	4	individual	individual	ADJ
cblr-1213	226	5	security	security	NOUN
cblr-1213	226	6	prices	price	NOUN
cblr-1213	226	7	in	in	ADP
cblr-1213	226	8	the	the	DET
cblr-1213	226	9	fund	fund	NOUN
cblr-1213	226	10	provides	provide	VERB
cblr-1213	226	11	the	the	DET
cblr-1213	226	12	basis	basis	NOUN
cblr-1213	226	13	for	for	ADP
cblr-1213	226	14	a	a	DET
cblr-1213	226	15	fund	fund	NOUN
cblr-1213	226	16	to	to	PART
cblr-1213	226	17	calculate	calculate	VERB
cblr-1213	226	18	its	its	PRON
cblr-1213	226	19	daily	daily	ADJ
cblr-1213	226	20	nav.53	nav.53	VERB
cblr-1213	226	21	the	the	DET
cblr-1213	226	22	prices	price	NOUN
cblr-1213	226	23	of	of	ADP
cblr-1213	226	24	portfolio	portfolio	NOUN
cblr-1213	226	25	securities	security	NOUN
cblr-1213	226	26	rise	rise	VERB
cblr-1213	226	27	or	or	CCONJ
cblr-1213	226	28	fall	fall	VERB
cblr-1213	226	29	daily	daily	ADV
cblr-1213	226	30	in	in	ADP
cblr-1213	226	31	concert	concert	NOUN
cblr-1213	226	32	with	with	ADP
cblr-1213	226	33	market	market	NOUN
cblr-1213	226	34	influences	influence	NOUN
cblr-1213	226	35	and	and	CCONJ
cblr-1213	226	36	securities	security	NOUN
cblr-1213	226	37	transactions	transaction	NOUN
cblr-1213	226	38	conducted	conduct	VERB
cblr-1213	226	39	in	in	ADP
cblr-1213	226	40	the	the	DET
cblr-1213	226	41	portfolio.54	portfolio.54	NOUN
cblr-1213	226	42	consider	consider	VERB
cblr-1213	226	43	$	$	SYM
cblr-1213	226	44	10	10	NUM
cblr-1213	226	45	million	million	NUM
cblr-1213	226	46	of	of	ADP
cblr-1213	226	47	an	an	DET
cblr-1213	226	48	mbs	mb	NOUN
cblr-1213	226	49	priced	price	VERB
cblr-1213	226	50	at	at	ADP
cblr-1213	226	51	$	$	SYM
cblr-1213	226	52	100.00	100.00	NUM
cblr-1213	226	53	in	in	ADP
cblr-1213	226	54	a	a	DET
cblr-1213	226	55	fund	fund	NOUN
cblr-1213	226	56	’s	’s	PART
cblr-1213	226	57	portfolio	portfolio	NOUN
cblr-1213	226	58	.	.	PUNCT
cblr-1213	227	1	the	the	DET
cblr-1213	227	2	security	security	NOUN
cblr-1213	227	3	price	price	NOUN
cblr-1213	227	4	(	(	PUNCT
cblr-1213	227	5	$	$	SYM
cblr-1213	227	6	100.00	100.00	NUM
cblr-1213	227	7	)	)	PUNCT
cblr-1213	227	8	represents	represent	VERB
cblr-1213	227	9	what	what	PRON
cblr-1213	227	10	47	47	NUM
cblr-1213	227	11	i	i	PRON
cblr-1213	227	12	d.	d.	PROPN
cblr-1213	227	13	48	48	NUM
cblr-1213	228	1	i	i	PRON
cblr-1213	228	2	d.	d.	PROPN
cblr-1213	228	3	49	49	NUM
cblr-1213	229	1	i	i	PRON
cblr-1213	229	2	d.	d.	PROPN
cblr-1213	229	3	50	50	NUM
cblr-1213	229	4	see	see	VERB
cblr-1213	229	5	pozen	pozen	NOUN
cblr-1213	229	6	,	,	PUNCT
cblr-1213	229	7	supra	supra	PROPN
cblr-1213	229	8	note	note	PROPN
cblr-1213	229	9	25	25	NUM
cblr-1213	229	10	,	,	PUNCT
cblr-1213	229	11	at	at	ADP
cblr-1213	229	12	178–80	178–80	PROPN
cblr-1213	229	13	(	(	PUNCT
cblr-1213	229	14	discussing	discuss	VERB
cblr-1213	229	15	the	the	DET
cblr-1213	229	16	risks	risk	NOUN
cblr-1213	229	17	associated	associate	VERB
cblr-1213	229	18	with	with	ADP
cblr-1213	229	19	investing	invest	VERB
cblr-1213	229	20	in	in	ADP
cblr-1213	229	21	bonds	bond	NOUN
cblr-1213	229	22	and	and	CCONJ
cblr-1213	229	23	noting	note	VERB
cblr-1213	229	24	that	that	SCONJ
cblr-1213	229	25	“	"	PUNCT
cblr-1213	229	26	[	[	X
cblr-1213	229	27	l]iquidity	l]iquidity	NOUN
cblr-1213	229	28	or	or	CCONJ
cblr-1213	229	29	marketability	marketability	NOUN
cblr-1213	229	30	risk	risk	NOUN
cblr-1213	229	31	depends	depend	VERB
cblr-1213	229	32	on	on	ADP
cblr-1213	229	33	the	the	DET
cblr-1213	229	34	ease	ease	NOUN
cblr-1213	229	35	with	with	ADP
cblr-1213	229	36	which	which	PRON
cblr-1213	229	37	an	an	DET
cblr-1213	229	38	issue	issue	NOUN
cblr-1213	229	39	can	can	AUX
cblr-1213	229	40	be	be	AUX
cblr-1213	229	41	sold	sell	VERB
cblr-1213	229	42	at	at	ADP
cblr-1213	229	43	or	or	CCONJ
cblr-1213	229	44	near	near	ADP
cblr-1213	229	45	its	its	PRON
cblr-1213	229	46	value	value	NOUN
cblr-1213	229	47	”	"	PUNCT
cblr-1213	229	48	)	)	PUNCT
cblr-1213	229	49	.	.	PUNCT
cblr-1213	230	1	51	51	NUM
cblr-1213	230	2	swing	swing	NOUN
cblr-1213	230	3	pricing	price	VERB
cblr-1213	230	4	first	first	ADJ
cblr-1213	230	5	proposal	proposal	NOUN
cblr-1213	230	6	,	,	PUNCT
cblr-1213	230	7	supra	supra	PROPN
cblr-1213	230	8	note	note	NOUN
cblr-1213	230	9	4	4	NUM
cblr-1213	230	10	,	,	PUNCT
cblr-1213	230	11	at	at	ADP
cblr-1213	230	12	62299	62299	NUM
cblr-1213	230	13	(	(	PUNCT
cblr-1213	230	14	defining	define	VERB
cblr-1213	230	15	the	the	DET
cblr-1213	230	16	bid	bid	NOUN
cblr-1213	230	17	/	/	SYM
cblr-1213	230	18	ask	ask	NOUN
cblr-1213	230	19	spread	spread	VERB
cblr-1213	230	20	as	as	ADP
cblr-1213	230	21	the	the	DET
cblr-1213	230	22	“	"	PUNCT
cblr-1213	230	23	difference	difference	NOUN
cblr-1213	230	24	between	between	ADP
cblr-1213	230	25	bid	bid	NOUN
cblr-1213	230	26	and	and	CCONJ
cblr-1213	230	27	offer	offer	VERB
cblr-1213	230	28	prices	price	NOUN
cblr-1213	230	29	for	for	ADP
cblr-1213	230	30	a	a	DET
cblr-1213	230	31	particular	particular	ADJ
cblr-1213	230	32	asset	asset	NOUN
cblr-1213	230	33	”	"	PUNCT
cblr-1213	230	34	and	and	CCONJ
cblr-1213	230	35	mentioning	mention	VERB
cblr-1213	230	36	that	that	SCONJ
cblr-1213	230	37	the	the	DET
cblr-1213	230	38	spread	spread	NOUN
cblr-1213	230	39	has	have	AUX
cblr-1213	230	40	“	"	PUNCT
cblr-1213	230	41	historically	historically	ADV
cblr-1213	230	42	been	be	AUX
cblr-1213	230	43	viewed	view	VERB
cblr-1213	230	44	as	as	ADP
cblr-1213	230	45	a	a	DET
cblr-1213	230	46	useful	useful	ADJ
cblr-1213	230	47	measure	measure	NOUN
cblr-1213	230	48	for	for	ADP
cblr-1213	230	49	assessing	assess	VERB
cblr-1213	230	50	the	the	DET
cblr-1213	230	51	liquidity	liquidity	NOUN
cblr-1213	230	52	of	of	ADP
cblr-1213	230	53	assets	asset	NOUN
cblr-1213	230	54	that	that	PRON
cblr-1213	230	55	trade	trade	VERB
cblr-1213	230	56	in	in	ADP
cblr-1213	230	57	the	the	DET
cblr-1213	230	58	otc	otc	PROPN
cblr-1213	230	59	markets	market	NOUN
cblr-1213	230	60	”	"	PUNCT
cblr-1213	230	61	)	)	PUNCT
cblr-1213	230	62	;	;	PUNCT
cblr-1213	230	63	see	see	VERB
cblr-1213	230	64	also	also	ADV
cblr-1213	230	65	pozen	pozen	ADJ
cblr-1213	230	66	,	,	PUNCT
cblr-1213	230	67	supra	supra	PROPN
cblr-1213	230	68	note	note	PROPN
cblr-1213	230	69	25	25	NUM
cblr-1213	230	70	,	,	PUNCT
cblr-1213	230	71	at	at	ADP
cblr-1213	230	72	180	180	NUM
cblr-1213	230	73	(	(	PUNCT
cblr-1213	230	74	noting	note	VERB
cblr-1213	230	75	that	that	SCONJ
cblr-1213	230	76	the	the	DET
cblr-1213	230	77	primary	primary	ADJ
cblr-1213	230	78	measure	measure	NOUN
cblr-1213	230	79	of	of	ADP
cblr-1213	230	80	liquidity	liquidity	NOUN
cblr-1213	230	81	is	be	AUX
cblr-1213	230	82	the	the	DET
cblr-1213	230	83	size	size	NOUN
cblr-1213	230	84	of	of	ADP
cblr-1213	230	85	the	the	DET
cblr-1213	230	86	bid	bid	NOUN
cblr-1213	230	87	/	/	SYM
cblr-1213	230	88	ask	ask	NOUN
cblr-1213	230	89	spread	spread	NOUN
cblr-1213	230	90	:	:	PUNCT
cblr-1213	230	91	the	the	PRON
cblr-1213	230	92	wider	wide	ADJ
cblr-1213	230	93	the	the	DET
cblr-1213	230	94	spread	spread	NOUN
cblr-1213	230	95	,	,	PUNCT
cblr-1213	230	96	the	the	PRON
cblr-1213	230	97	greater	great	ADJ
cblr-1213	230	98	the	the	DET
cblr-1213	230	99	risk	risk	NOUN
cblr-1213	230	100	)	)	PUNCT
cblr-1213	230	101	.	.	PUNCT
cblr-1213	231	1	52	52	NUM
cblr-1213	231	2	pozen	pozen	NOUN
cblr-1213	231	3	,	,	PUNCT
cblr-1213	231	4	supra	supra	PROPN
cblr-1213	231	5	note	note	PROPN
cblr-1213	231	6	25	25	NUM
cblr-1213	231	7	,	,	PUNCT
cblr-1213	231	8	at	at	ADP
cblr-1213	231	9	180	180	NUM
cblr-1213	231	10	.	.	PUNCT
cblr-1213	232	1	53	53	NUM
cblr-1213	232	2	see	see	VERB
cblr-1213	232	3	ciccotello	ciccotello	PROPN
cblr-1213	232	4	,	,	PUNCT
cblr-1213	232	5	supra	supra	PROPN
cblr-1213	232	6	note	note	PROPN
cblr-1213	232	7	7	7	NUM
cblr-1213	232	8	,	,	PUNCT
cblr-1213	232	9	at	at	ADP
cblr-1213	232	10	5–6	5–6	NOUN
cblr-1213	232	11	(	(	PUNCT
cblr-1213	232	12	discussing	discuss	VERB
cblr-1213	232	13	nav	nav	NOUN
cblr-1213	232	14	calculation	calculation	NOUN
cblr-1213	232	15	components	component	NOUN
cblr-1213	232	16	and	and	CCONJ
cblr-1213	232	17	challenges	challenge	NOUN
cblr-1213	232	18	)	)	PUNCT
cblr-1213	232	19	.	.	PUNCT
cblr-1213	233	1	54	54	NUM
cblr-1213	234	1	i	i	PRON
cblr-1213	234	2	d.	d.	PROPN
cblr-1213	234	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	234	4	144	144	NUM
cblr-1213	234	5	columbia	columbia	PROPN
cblr-1213	234	6	business	business	NOUN
cblr-1213	234	7	law	law	PROPN
cblr-1213	234	8	review	review	NOUN
cblr-1213	234	9	[	[	X
cblr-1213	234	10	vol	vol	NOUN
cblr-1213	234	11	.	.	NOUN
cblr-1213	234	12	2018	2018	NUM
cblr-1213	234	13	a	a	DET
cblr-1213	234	14	portfolio	portfolio	NOUN
cblr-1213	234	15	manager	manager	NOUN
cblr-1213	234	16	expects	expect	VERB
cblr-1213	234	17	to	to	PART
cblr-1213	234	18	receive	receive	VERB
cblr-1213	234	19	when	when	SCONJ
cblr-1213	234	20	she	she	PRON
cblr-1213	234	21	sells	sell	VERB
cblr-1213	234	22	the	the	DET
cblr-1213	234	23	security	security	NOUN
cblr-1213	234	24	.	.	PUNCT
cblr-1213	235	1	if	if	SCONJ
cblr-1213	235	2	a	a	DET
cblr-1213	235	3	substantial	substantial	ADJ
cblr-1213	235	4	fund	fund	NOUN
cblr-1213	235	5	redemption	redemption	NOUN
cblr-1213	235	6	occurs	occur	VERB
cblr-1213	235	7	,	,	PUNCT
cblr-1213	235	8	the	the	DET
cblr-1213	235	9	fund	fund	NOUN
cblr-1213	235	10	manager	manager	NOUN
cblr-1213	235	11	must	must	AUX
cblr-1213	235	12	sell	sell	VERB
cblr-1213	235	13	assets	asset	NOUN
cblr-1213	235	14	,	,	PUNCT
cblr-1213	235	15	including	include	VERB
cblr-1213	235	16	the	the	DET
cblr-1213	235	17	mbs	mb	NOUN
cblr-1213	235	18	,	,	PUNCT
cblr-1213	235	19	to	to	PART
cblr-1213	235	20	meet	meet	VERB
cblr-1213	235	21	the	the	DET
cblr-1213	235	22	redemption.55	redemption.55	NOUN
cblr-1213	235	23	assume	assume	VERB
cblr-1213	235	24	that	that	SCONJ
cblr-1213	235	25	on	on	ADP
cblr-1213	235	26	the	the	DET
cblr-1213	235	27	day	day	NOUN
cblr-1213	235	28	they	they	PRON
cblr-1213	235	29	are	be	AUX
cblr-1213	235	30	forced	force	VERB
cblr-1213	235	31	to	to	PART
cblr-1213	235	32	sell	sell	VERB
cblr-1213	235	33	,	,	PUNCT
cblr-1213	235	34	however	however	ADV
cblr-1213	235	35	,	,	PUNCT
cblr-1213	235	36	the	the	DET
cblr-1213	235	37	market	market	NOUN
cblr-1213	235	38	experiences	experience	VERB
cblr-1213	235	39	low	low	ADJ
cblr-1213	235	40	trading	trading	NOUN
cblr-1213	235	41	volume	volume	NOUN
cblr-1213	235	42	.	.	PUNCT
cblr-1213	236	1	the	the	DET
cblr-1213	236	2	brokerdealer	brokerdealer	NOUN
cblr-1213	236	3	to	to	PART
cblr-1213	236	4	whom	whom	PRON
cblr-1213	236	5	they	they	PRON
cblr-1213	236	6	attempt	attempt	VERB
cblr-1213	236	7	to	to	PART
cblr-1213	236	8	sell	sell	VERB
cblr-1213	236	9	the	the	DET
cblr-1213	236	10	mbs	mb	NOUN
cblr-1213	236	11	knows	know	VERB
cblr-1213	236	12	that	that	SCONJ
cblr-1213	236	13	there	there	PRON
cblr-1213	236	14	is	be	VERB
cblr-1213	236	15	limited	limited	ADJ
cblr-1213	236	16	demand	demand	NOUN
cblr-1213	236	17	for	for	ADP
cblr-1213	236	18	it	it	PRON
cblr-1213	236	19	,	,	PUNCT
cblr-1213	236	20	and	and	CCONJ
cblr-1213	236	21	thus	thus	ADV
cblr-1213	236	22	offers	offer	VERB
cblr-1213	236	23	only	only	ADV
cblr-1213	236	24	$	$	SYM
cblr-1213	236	25	99.50	99.50	NUM
cblr-1213	236	26	.	.	PUNCT
cblr-1213	237	1	though	though	SCONJ
cblr-1213	237	2	the	the	DET
cblr-1213	237	3	fifty	fifty	NUM
cblr-1213	237	4	-	-	PUNCT
cblr-1213	237	5	cent	cent	NOUN
cblr-1213	237	6	hit—$50,000	hit—$50,000	NOUN
cblr-1213	237	7	in	in	ADP
cblr-1213	237	8	total	total	NOUN
cblr-1213	237	9	—	—	PUNCT
cblr-1213	237	10	may	may	AUX
cblr-1213	237	11	seem	seem	VERB
cblr-1213	237	12	insignificant	insignificant	ADJ
cblr-1213	237	13	in	in	ADP
cblr-1213	237	14	relation	relation	NOUN
cblr-1213	237	15	to	to	ADP
cblr-1213	237	16	near	near	ADJ
cblr-1213	237	17	-	-	PUNCT
cblr-1213	237	18	billion	billion	NUM
cblr-1213	237	19	dollar	dollar	NOUN
cblr-1213	237	20	funds	fund	NOUN
cblr-1213	237	21	,	,	PUNCT
cblr-1213	237	22	it	it	PRON
cblr-1213	237	23	is	be	AUX
cblr-1213	237	24	a	a	DET
cblr-1213	237	25	big	big	ADJ
cblr-1213	237	26	loss	loss	NOUN
cblr-1213	237	27	on	on	ADP
cblr-1213	237	28	a	a	DET
cblr-1213	237	29	single	single	ADJ
cblr-1213	237	30	trade	trade	NOUN
cblr-1213	237	31	.	.	PUNCT
cblr-1213	238	1	with	with	ADP
cblr-1213	238	2	forced	force	VERB
cblr-1213	238	3	selling	selling	NOUN
cblr-1213	238	4	in	in	ADP
cblr-1213	238	5	an	an	DET
cblr-1213	238	6	illiquid	illiquid	ADJ
cblr-1213	238	7	market	market	NOUN
cblr-1213	238	8	,	,	PUNCT
cblr-1213	238	9	these	these	DET
cblr-1213	238	10	losses	loss	NOUN
cblr-1213	238	11	can	can	AUX
cblr-1213	238	12	represent	represent	VERB
cblr-1213	238	13	a	a	DET
cblr-1213	238	14	large	large	ADJ
cblr-1213	238	15	portion	portion	NOUN
cblr-1213	238	16	of	of	ADP
cblr-1213	238	17	a	a	DET
cblr-1213	238	18	fund	fund	NOUN
cblr-1213	238	19	’s	’s	PART
cblr-1213	238	20	portfolio	portfolio	NOUN
cblr-1213	238	21	and	and	CCONJ
cblr-1213	238	22	compound	compound	VERB
cblr-1213	238	23	over	over	ADP
cblr-1213	238	24	time.56	time.56	NOUN
cblr-1213	238	25	when	when	SCONJ
cblr-1213	238	26	funds	fund	NOUN
cblr-1213	238	27	sell	sell	VERB
cblr-1213	238	28	steeply	steeply	ADV
cblr-1213	238	29	discounted	discount	VERB
cblr-1213	238	30	assets	asset	NOUN
cblr-1213	238	31	,	,	PUNCT
cblr-1213	238	32	such	such	ADJ
cblr-1213	238	33	as	as	ADP
cblr-1213	238	34	this	this	DET
cblr-1213	238	35	mbs	mb	NOUN
cblr-1213	238	36	,	,	PUNCT
cblr-1213	238	37	in	in	ADP
cblr-1213	238	38	a	a	DET
cblr-1213	238	39	distressed	distressed	ADJ
cblr-1213	238	40	market	market	NOUN
cblr-1213	238	41	with	with	ADP
cblr-1213	238	42	few	few	ADJ
cblr-1213	238	43	buyers	buyer	NOUN
cblr-1213	238	44	,	,	PUNCT
cblr-1213	238	45	the	the	DET
cblr-1213	238	46	sale	sale	NOUN
cblr-1213	238	47	results	result	VERB
cblr-1213	238	48	in	in	ADP
cblr-1213	238	49	illiquidity	illiquidity	NOUN
cblr-1213	238	50	and	and	CCONJ
cblr-1213	238	51	substantial	substantial	ADJ
cblr-1213	238	52	dilution	dilution	NOUN
cblr-1213	238	53	to	to	ADP
cblr-1213	238	54	remaining	remain	VERB
cblr-1213	238	55	shareholder	shareholder	NOUN
cblr-1213	238	56	investments	investment	NOUN
cblr-1213	238	57	by	by	ADP
cblr-1213	238	58	means	mean	NOUN
cblr-1213	238	59	of	of	ADP
cblr-1213	238	60	a	a	DET
cblr-1213	238	61	reduced	reduce	VERB
cblr-1213	238	62	nav.57	nav.57	PROPN
cblr-1213	238	63	b.	b.	PROPN
cblr-1213	238	64	defining	define	VERB
cblr-1213	238	65	dilution	dilution	NOUN
cblr-1213	238	66	shareholder	shareholder	NOUN
cblr-1213	238	67	dilution	dilution	NOUN
cblr-1213	238	68	is	be	AUX
cblr-1213	238	69	the	the	DET
cblr-1213	238	70	reduction	reduction	NOUN
cblr-1213	238	71	in	in	ADP
cblr-1213	238	72	a	a	DET
cblr-1213	238	73	shareholder	shareholder	NOUN
cblr-1213	238	74	’s	’s	PART
cblr-1213	238	75	investment	investment	NOUN
cblr-1213	238	76	holding	holding	NOUN
cblr-1213	238	77	—	—	PUNCT
cblr-1213	238	78	reflected	reflect	VERB
cblr-1213	238	79	as	as	ADP
cblr-1213	238	80	the	the	DET
cblr-1213	238	81	nav	nav	NOUN
cblr-1213	238	82	times	time	NOUN
cblr-1213	238	83	the	the	DET
cblr-1213	238	84	number	number	NOUN
cblr-1213	238	85	of	of	ADP
cblr-1213	238	86	fund	fund	NOUN
cblr-1213	238	87	shares	share	NOUN
cblr-1213	238	88	held	hold	VERB
cblr-1213	238	89	.	.	PUNCT
cblr-1213	239	1	when	when	SCONJ
cblr-1213	239	2	shareholder	shareholder	NOUN
cblr-1213	239	3	capital	capital	NOUN
cblr-1213	239	4	activity	activity	NOUN
cblr-1213	239	5	—	—	PUNCT
cblr-1213	239	6	namely	namely	ADV
cblr-1213	239	7	,	,	PUNCT
cblr-1213	239	8	inflows	inflow	NOUN
cblr-1213	239	9	to	to	PART
cblr-1213	239	10	,	,	PUNCT
cblr-1213	239	11	or	or	CCONJ
cblr-1213	239	12	outflows	outflow	NOUN
cblr-1213	239	13	from	from	ADP
cblr-1213	239	14	,	,	PUNCT
cblr-1213	239	15	the	the	DET
cblr-1213	239	16	fund	fund	NOUN
cblr-1213	239	17	—	—	PUNCT
cblr-1213	239	18	occur	occur	VERB
cblr-1213	239	19	a	a	DET
cblr-1213	239	20	nav	nav	NOUN
cblr-1213	239	21	price	price	NOUN
cblr-1213	239	22	that	that	PRON
cblr-1213	239	23	does	do	AUX
cblr-1213	239	24	not	not	PART
cblr-1213	239	25	mitigate	mitigate	VERB
cblr-1213	239	26	the	the	DET
cblr-1213	239	27	transaction	transaction	NOUN
cblr-1213	239	28	costs	cost	NOUN
cblr-1213	239	29	of	of	ADP
cblr-1213	239	30	buying	buy	VERB
cblr-1213	239	31	or	or	CCONJ
cblr-1213	239	32	selling	sell	VERB
cblr-1213	239	33	the	the	DET
cblr-1213	239	34	assets	asset	NOUN
cblr-1213	239	35	in	in	ADP
cblr-1213	239	36	the	the	DET
cblr-1213	239	37	fund	fund	NOUN
cblr-1213	239	38	,	,	PUNCT
cblr-1213	239	39	dilution	dilution	NOUN
cblr-1213	239	40	occurs.58	occurs.58	NOUN
cblr-1213	239	41	in	in	ADP
cblr-1213	239	42	other	other	ADJ
cblr-1213	239	43	words	word	NOUN
cblr-1213	239	44	,	,	PUNCT
cblr-1213	239	45	dilution	dilution	NOUN
cblr-1213	239	46	occurs	occur	VERB
cblr-1213	239	47	when	when	SCONJ
cblr-1213	239	48	a	a	DET
cblr-1213	239	49	fund	fund	NOUN
cblr-1213	239	50	’s	’s	PART
cblr-1213	239	51	nav	nav	NOUN
cblr-1213	239	52	declines	decline	VERB
cblr-1213	239	53	for	for	ADP
cblr-1213	239	54	existing	exist	VERB
cblr-1213	239	55	(	(	PUNCT
cblr-1213	239	56	sedentary	sedentary	ADJ
cblr-1213	239	57	)	)	PUNCT
cblr-1213	239	58	55	55	NUM
cblr-1213	239	59	see	see	VERB
cblr-1213	239	60	pozen	pozen	NOUN
cblr-1213	239	61	,	,	PUNCT
cblr-1213	239	62	supra	supra	PROPN
cblr-1213	239	63	note	note	PROPN
cblr-1213	239	64	25	25	NUM
cblr-1213	239	65	,	,	PUNCT
cblr-1213	239	66	at	at	ADP
cblr-1213	239	67	217	217	NUM
cblr-1213	239	68	(	(	PUNCT
cblr-1213	239	69	describing	describe	VERB
cblr-1213	239	70	redemption	redemption	NOUN
cblr-1213	239	71	demands	demand	NOUN
cblr-1213	239	72	)	)	PUNCT
cblr-1213	239	73	.	.	PUNCT
cblr-1213	240	1	56	56	NUM
cblr-1213	241	1	i	i	PRON
cblr-1213	241	2	d.	d.	PROPN
cblr-1213	241	3	see	see	VERB
cblr-1213	241	4	also	also	ADV
cblr-1213	241	5	facetime	facetime	ADJ
cblr-1213	241	6	interview	interview	NOUN
cblr-1213	241	7	with	with	ADP
cblr-1213	241	8	anonymous	anonymous	ADJ
cblr-1213	241	9	,	,	PUNCT
cblr-1213	241	10	supra	supra	PROPN
cblr-1213	241	11	note	note	NOUN
cblr-1213	241	12	23	23	NUM
cblr-1213	241	13	(	(	PUNCT
cblr-1213	241	14	interviewee	interviewee	NOUN
cblr-1213	241	15	commenting	comment	VERB
cblr-1213	241	16	that	that	SCONJ
cblr-1213	241	17	losses	loss	NOUN
cblr-1213	241	18	compound	compound	VERB
cblr-1213	241	19	over	over	ADP
cblr-1213	241	20	time	time	NOUN
cblr-1213	241	21	to	to	PART
cblr-1213	241	22	become	become	VERB
cblr-1213	241	23	significant	significant	ADJ
cblr-1213	241	24	and	and	CCONJ
cblr-1213	241	25	terming	term	VERB
cblr-1213	241	26	a	a	DET
cblr-1213	241	27	loss	loss	NOUN
cblr-1213	241	28	on	on	ADP
cblr-1213	241	29	ten	ten	NUM
cblr-1213	241	30	percent	percent	NOUN
cblr-1213	241	31	of	of	ADP
cblr-1213	241	32	a	a	DET
cblr-1213	241	33	fund	fund	NOUN
cblr-1213	241	34	as	as	ADP
cblr-1213	241	35	“	"	PUNCT
cblr-1213	241	36	a	a	DET
cblr-1213	241	37	big	big	ADJ
cblr-1213	241	38	knock	knock	NOUN
cblr-1213	241	39	”	"	PUNCT
cblr-1213	241	40	)	)	PUNCT
cblr-1213	241	41	;	;	PUNCT
cblr-1213	241	42	sec	sec	PROPN
cblr-1213	241	43	liquidity	liquidity	NOUN
cblr-1213	241	44	whitepaper	whitepaper	NOUN
cblr-1213	241	45	,	,	PUNCT
cblr-1213	241	46	supra	supra	PROPN
cblr-1213	241	47	note	note	PROPN
cblr-1213	241	48	14	14	NUM
cblr-1213	241	49	,	,	PUNCT
cblr-1213	241	50	at	at	ADP
cblr-1213	241	51	3	3	NUM
cblr-1213	241	52	.	.	NOUN
cblr-1213	241	53	57	57	NUM
cblr-1213	241	54	see	see	VERB
cblr-1213	241	55	the	the	DET
cblr-1213	241	56	origins	origin	NOUN
cblr-1213	241	57	of	of	ADP
cblr-1213	241	58	the	the	DET
cblr-1213	241	59	financial	financial	ADJ
cblr-1213	241	60	crisis	crisis	NOUN
cblr-1213	241	61	,	,	PUNCT
cblr-1213	241	62	economist	economist	NOUN
cblr-1213	241	63	(	(	PUNCT
cblr-1213	241	64	sept	sept	PROPN
cblr-1213	241	65	.	.	PROPN
cblr-1213	241	66	7	7	NUM
cblr-1213	241	67	,	,	PUNCT
cblr-1213	241	68	2013	2013	NUM
cblr-1213	241	69	)	)	PUNCT
cblr-1213	241	70	,	,	PUNCT
cblr-1213	241	71	https://www.economist.com/news/schoolsbrief/21584534-effects-financialcrisis-are-still-being-felt-five-years-article	https://www.economist.com/news/schoolsbrief/21584534-effects-financialcrisis-are-still-being-felt-five-years-article	NOUN
cblr-1213	241	72	[	[	X
cblr-1213	241	73	perma.cc/yg5e-943e	perma.cc/yg5e-943e	PROPN
cblr-1213	241	74	?	?	PUNCT
cblr-1213	241	75	type	type	NOUN
cblr-1213	241	76	=	=	NOUN
cblr-1213	241	77	image	image	NOUN
cblr-1213	241	78	]	]	PUNCT
cblr-1213	241	79	(	(	PUNCT
cblr-1213	241	80	describing	describe	VERB
cblr-1213	241	81	the	the	DET
cblr-1213	241	82	factors	factor	NOUN
cblr-1213	241	83	that	that	PRON
cblr-1213	241	84	contributed	contribute	VERB
cblr-1213	241	85	to	to	ADP
cblr-1213	241	86	the	the	DET
cblr-1213	241	87	financial	financial	ADJ
cblr-1213	241	88	crisis	crisis	NOUN
cblr-1213	241	89	,	,	PUNCT
cblr-1213	241	90	the	the	DET
cblr-1213	241	91	systemic	systemic	ADJ
cblr-1213	241	92	impact	impact	NOUN
cblr-1213	241	93	of	of	ADP
cblr-1213	241	94	devaluations	devaluation	NOUN
cblr-1213	241	95	of	of	ADP
cblr-1213	241	96	cdos	cdo	NOUN
cblr-1213	241	97	,	,	PUNCT
cblr-1213	241	98	and	and	CCONJ
cblr-1213	241	99	the	the	DET
cblr-1213	241	100	subsequent	subsequent	ADJ
cblr-1213	241	101	“	"	PUNCT
cblr-1213	241	102	fire	fire	NOUN
cblr-1213	241	103	-	-	PUNCT
cblr-1213	241	104	sale	sale	NOUN
cblr-1213	241	105	prices	price	NOUN
cblr-1213	241	106	”	"	PUNCT
cblr-1213	241	107	of	of	ADP
cblr-1213	241	108	such	such	ADJ
cblr-1213	241	109	assets	asset	NOUN
cblr-1213	241	110	)	)	PUNCT
cblr-1213	241	111	;	;	PUNCT
cblr-1213	241	112	see	see	VERB
cblr-1213	241	113	also	also	ADV
cblr-1213	241	114	rolland	rolland	PROPN
cblr-1213	241	115	,	,	PUNCT
cblr-1213	241	116	supra	supra	PROPN
cblr-1213	241	117	note	note	PROPN
cblr-1213	241	118	35	35	NUM
cblr-1213	241	119	,	,	PUNCT
cblr-1213	241	120	at	at	ADP
cblr-1213	241	121	183–84	183–84	NOUN
cblr-1213	241	122	.	.	PUNCT
cblr-1213	242	1	58	58	NUM
cblr-1213	242	2	ass’n	ass’n	NOUN
cblr-1213	242	3	of	of	ADP
cblr-1213	242	4	the	the	DET
cblr-1213	242	5	lux	lux	PROPN
cblr-1213	242	6	.	.	PUNCT
cblr-1213	242	7	fund	fund	PROPN
cblr-1213	242	8	indus	indus	PROPN
cblr-1213	242	9	.	.	PUNCT
cblr-1213	242	10	,	,	PUNCT
cblr-1213	242	11	alfi	alfi	PROPN
cblr-1213	242	12	swing	swing	NOUN
cblr-1213	242	13	pricing	pricing	NOUN
cblr-1213	242	14	survey	survey	NOUN
cblr-1213	242	15	4	4	NUM
cblr-1213	242	16	(	(	PUNCT
cblr-1213	242	17	dec	dec	PROPN
cblr-1213	242	18	.	.	PROPN
cblr-1213	242	19	2015	2015	NUM
cblr-1213	242	20	)	)	PUNCT
cblr-1213	243	1	[	[	X
cblr-1213	243	2	hereinafter	hereinafter	NOUN
cblr-1213	243	3	alfi	alfi	NOUN
cblr-1213	243	4	2015	2015	NUM
cblr-1213	243	5	survey	survey	NOUN
cblr-1213	243	6	]	]	PUNCT
cblr-1213	243	7	,	,	PUNCT
cblr-1213	243	8	http://www.alfi.lu/sites/alfi.lu/files/alfi-swing-pricing-survey-2015-final.pdf	http://www.alfi.lu/sites/alfi.lu/files/alfi-swing-pricing-survey-2015-final.pdf	NOUN
cblr-1213	243	9	[	[	X
cblr-1213	243	10	perma.cc/rt9m-xh54	perma.cc/rt9m-xh54	NOUN
cblr-1213	243	11	]	]	X
cblr-1213	243	12	.	.	PUNCT
cblr-1213	244	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	245	1	no	no	INTJ
cblr-1213	245	2	.	.	PUNCT
cblr-1213	246	1	1:130	1:130	NUM
cblr-1213	246	2	]	]	X
cblr-1213	246	3	will	will	AUX
cblr-1213	246	4	swing	swing	VERB
cblr-1213	246	5	pricing	pricing	NOUN
cblr-1213	246	6	save	save	VERB
cblr-1213	246	7	sedentary	sedentary	ADJ
cblr-1213	246	8	shareholders	shareholder	NOUN
cblr-1213	246	9	?	?	PUNCT
cblr-1213	247	1	145	145	NUM
cblr-1213	247	2	shareholders	shareholder	NOUN
cblr-1213	247	3	when	when	SCONJ
cblr-1213	247	4	the	the	DET
cblr-1213	247	5	fund	fund	NOUN
cblr-1213	247	6	buys	buy	VERB
cblr-1213	247	7	or	or	CCONJ
cblr-1213	247	8	sells	sell	VERB
cblr-1213	247	9	assets	asset	NOUN
cblr-1213	247	10	to	to	PART
cblr-1213	247	11	accommodate	accommodate	VERB
cblr-1213	247	12	shareholder	shareholder	NOUN
cblr-1213	247	13	purchases	purchase	NOUN
cblr-1213	247	14	or	or	CCONJ
cblr-1213	247	15	redemptions.59	redemptions.59	VERB
cblr-1213	247	16	the	the	DET
cblr-1213	247	17	triggering	trigger	VERB
cblr-1213	247	18	shareholder(s	shareholder(s	NOUN
cblr-1213	247	19	)	)	PUNCT
cblr-1213	247	20	does	do	AUX
cblr-1213	247	21	not	not	PART
cblr-1213	247	22	cover	cover	VERB
cblr-1213	247	23	the	the	DET
cblr-1213	247	24	transaction	transaction	NOUN
cblr-1213	247	25	cost	cost	NOUN
cblr-1213	247	26	;	;	PUNCT
cblr-1213	247	27	rather	rather	ADV
cblr-1213	247	28	,	,	PUNCT
cblr-1213	247	29	the	the	DET
cblr-1213	247	30	existing	exist	VERB
cblr-1213	247	31	shareholders	shareholder	NOUN
cblr-1213	247	32	do	do	VERB
cblr-1213	247	33	so	so	ADV
cblr-1213	247	34	with	with	ADP
cblr-1213	247	35	a	a	DET
cblr-1213	247	36	reduced	reduced	ADJ
cblr-1213	247	37	nav	nav	NOUN
cblr-1213	247	38	.	.	PUNCT
cblr-1213	248	1	for	for	ADP
cblr-1213	248	2	example	example	NOUN
cblr-1213	248	3	,	,	PUNCT
cblr-1213	248	4	assume	assume	VERB
cblr-1213	248	5	that	that	SCONJ
cblr-1213	248	6	a	a	DET
cblr-1213	248	7	fund	fund	NOUN
cblr-1213	248	8	has	have	VERB
cblr-1213	248	9	$	$	SYM
cblr-1213	248	10	100	100	NUM
cblr-1213	248	11	million	million	NUM
cblr-1213	248	12	in	in	ADP
cblr-1213	248	13	total	total	ADJ
cblr-1213	248	14	assets	asset	NOUN
cblr-1213	248	15	and	and	CCONJ
cblr-1213	248	16	that	that	SCONJ
cblr-1213	248	17	its	its	PRON
cblr-1213	248	18	nav	nav	NOUN
cblr-1213	248	19	is	be	AUX
cblr-1213	248	20	$	$	SYM
cblr-1213	248	21	10.00	10.00	NUM
cblr-1213	248	22	.	.	PUNCT
cblr-1213	249	1	a	a	DET
cblr-1213	249	2	typical	typical	ADJ
cblr-1213	249	3	redemption	redemption	NOUN
cblr-1213	249	4	for	for	ADP
cblr-1213	249	5	a	a	DET
cblr-1213	249	6	large	large	ADJ
cblr-1213	249	7	institutional	institutional	ADJ
cblr-1213	249	8	shareholder	shareholder	NOUN
cblr-1213	249	9	is	be	AUX
cblr-1213	249	10	$	$	SYM
cblr-1213	249	11	500,000	500,000	NUM
cblr-1213	249	12	,	,	PUNCT
cblr-1213	249	13	but	but	CCONJ
cblr-1213	249	14	a	a	DET
cblr-1213	249	15	shareholder	shareholder	NOUN
cblr-1213	249	16	may	may	AUX
cblr-1213	249	17	become	become	VERB
cblr-1213	249	18	unhappy	unhappy	ADJ
cblr-1213	249	19	with	with	ADP
cblr-1213	249	20	the	the	DET
cblr-1213	249	21	fund	fund	NOUN
cblr-1213	249	22	’s	’s	PART
cblr-1213	249	23	performance	performance	NOUN
cblr-1213	249	24	and	and	CCONJ
cblr-1213	249	25	decide	decide	VERB
cblr-1213	249	26	to	to	PART
cblr-1213	249	27	withdraw	withdraw	VERB
cblr-1213	249	28	its	its	PRON
cblr-1213	249	29	entire	entire	ADJ
cblr-1213	249	30	investment	investment	NOUN
cblr-1213	249	31	in	in	ADP
cblr-1213	249	32	the	the	DET
cblr-1213	249	33	fund	fund	NOUN
cblr-1213	249	34	—	—	PUNCT
cblr-1213	249	35	say	say	INTJ
cblr-1213	249	36	,	,	PUNCT
cblr-1213	249	37	$	$	SYM
cblr-1213	249	38	5	5	NUM
cblr-1213	249	39	million	million	NUM
cblr-1213	249	40	.	.	PUNCT
cblr-1213	250	1	in	in	ADP
cblr-1213	250	2	order	order	NOUN
cblr-1213	250	3	to	to	PART
cblr-1213	250	4	process	process	VERB
cblr-1213	250	5	the	the	DET
cblr-1213	250	6	redemption	redemption	NOUN
cblr-1213	250	7	and	and	CCONJ
cblr-1213	250	8	send	send	VERB
cblr-1213	250	9	cash	cash	NOUN
cblr-1213	250	10	proceeds	proceed	NOUN
cblr-1213	250	11	of	of	ADP
cblr-1213	250	12	$	$	SYM
cblr-1213	250	13	5	5	NUM
cblr-1213	250	14	million	million	NUM
cblr-1213	250	15	to	to	ADP
cblr-1213	250	16	the	the	DET
cblr-1213	250	17	exiting	exit	VERB
cblr-1213	250	18	shareholder	shareholder	NOUN
cblr-1213	250	19	,	,	PUNCT
cblr-1213	250	20	the	the	DET
cblr-1213	250	21	fund	fund	NOUN
cblr-1213	250	22	manager	manager	NOUN
cblr-1213	250	23	must	must	AUX
cblr-1213	250	24	sell	sell	VERB
cblr-1213	250	25	five	five	NUM
cblr-1213	250	26	percent	percent	NOUN
cblr-1213	250	27	of	of	ADP
cblr-1213	250	28	the	the	DET
cblr-1213	250	29	fund	fund	NOUN
cblr-1213	250	30	’s	’s	PART
cblr-1213	250	31	portfolio	portfolio	NOUN
cblr-1213	250	32	assets	asset	NOUN
cblr-1213	250	33	.	.	PUNCT
cblr-1213	251	1	at	at	ADP
cblr-1213	251	2	the	the	DET
cblr-1213	251	3	time	time	NOUN
cblr-1213	251	4	of	of	ADP
cblr-1213	251	5	the	the	DET
cblr-1213	251	6	redemption	redemption	NOUN
cblr-1213	251	7	order	order	NOUN
cblr-1213	251	8	,	,	PUNCT
cblr-1213	251	9	the	the	DET
cblr-1213	251	10	market	market	NOUN
cblr-1213	251	11	is	be	AUX
cblr-1213	251	12	flat	flat	ADJ
cblr-1213	251	13	—	—	PUNCT
cblr-1213	251	14	i.e.	i.e.	X
cblr-1213	251	15	,	,	PUNCT
cblr-1213	251	16	assets	asset	NOUN
cblr-1213	251	17	were	be	AUX
cblr-1213	251	18	trading	trade	VERB
cblr-1213	251	19	at	at	ADP
cblr-1213	251	20	stable	stable	ADJ
cblr-1213	251	21	and	and	CCONJ
cblr-1213	251	22	predictable	predictable	ADJ
cblr-1213	251	23	prices	price	NOUN
cblr-1213	251	24	—	—	PUNCT
cblr-1213	251	25	so	so	SCONJ
cblr-1213	251	26	the	the	DET
cblr-1213	251	27	fund	fund	NOUN
cblr-1213	251	28	would	would	AUX
cblr-1213	251	29	have	have	AUX
cblr-1213	251	30	carried	carry	VERB
cblr-1213	251	31	the	the	DET
cblr-1213	251	32	$	$	SYM
cblr-1213	251	33	10.00	10.00	NUM
cblr-1213	251	34	nav	nav	NOUN
cblr-1213	251	35	to	to	ADP
cblr-1213	251	36	the	the	DET
cblr-1213	251	37	next	next	ADJ
cblr-1213	251	38	day	day	NOUN
cblr-1213	251	39	.	.	PUNCT
cblr-1213	252	1	once	once	SCONJ
cblr-1213	252	2	the	the	DET
cblr-1213	252	3	transaction	transaction	NOUN
cblr-1213	252	4	is	be	AUX
cblr-1213	252	5	underway	underway	ADJ
cblr-1213	252	6	,	,	PUNCT
cblr-1213	252	7	the	the	DET
cblr-1213	252	8	rapid	rapid	ADJ
cblr-1213	252	9	increase	increase	NOUN
cblr-1213	252	10	in	in	ADP
cblr-1213	252	11	sales	sale	NOUN
cblr-1213	252	12	depresses	depress	VERB
cblr-1213	252	13	the	the	DET
cblr-1213	252	14	market	market	NOUN
cblr-1213	252	15	price	price	NOUN
cblr-1213	252	16	,	,	PUNCT
cblr-1213	252	17	which	which	PRON
cblr-1213	252	18	,	,	PUNCT
cblr-1213	252	19	combined	combine	VERB
cblr-1213	252	20	with	with	ADP
cblr-1213	252	21	transaction	transaction	NOUN
cblr-1213	252	22	costs	cost	NOUN
cblr-1213	252	23	,	,	PUNCT
cblr-1213	252	24	decreases	decrease	VERB
cblr-1213	252	25	the	the	DET
cblr-1213	252	26	fund	fund	NOUN
cblr-1213	252	27	’s	’s	PART
cblr-1213	252	28	nav	nav	NOUN
cblr-1213	252	29	to	to	ADP
cblr-1213	252	30	$	$	SYM
cblr-1213	252	31	9.90	9.90	NUM
cblr-1213	252	32	per	per	ADP
cblr-1213	252	33	share.60	share.60	PROPN
cblr-1213	252	34	funds	fund	NOUN
cblr-1213	252	35	are	be	AUX
cblr-1213	252	36	required	require	VERB
cblr-1213	252	37	to	to	PART
cblr-1213	252	38	process	process	VERB
cblr-1213	252	39	the	the	DET
cblr-1213	252	40	shareholder	shareholder	NOUN
cblr-1213	252	41	redemption	redemption	NOUN
cblr-1213	252	42	at	at	ADP
cblr-1213	252	43	a	a	DET
cblr-1213	252	44	price	price	NOUN
cblr-1213	252	45	based	base	VERB
cblr-1213	252	46	on	on	ADP
cblr-1213	252	47	the	the	DET
cblr-1213	252	48	next	next	ADJ
cblr-1213	252	49	calculated	calculate	VERB
cblr-1213	252	50	nav	nav	NOUN
cblr-1213	252	51	—	—	PUNCT
cblr-1213	252	52	i.e.	i.e.	X
cblr-1213	252	53	,	,	PUNCT
cblr-1213	252	54	on	on	ADP
cblr-1213	252	55	the	the	DET
cblr-1213	252	56	day	day	NOUN
cblr-1213	252	57	that	that	SCONJ
cblr-1213	252	58	the	the	DET
cblr-1213	252	59	redemption	redemption	NOUN
cblr-1213	252	60	order	order	NOUN
cblr-1213	252	61	was	be	AUX
cblr-1213	252	62	placed.61	placed.61	NOUN
cblr-1213	252	63	and	and	CCONJ
cblr-1213	252	64	the	the	DET
cblr-1213	252	65	redeeming	redeem	VERB
cblr-1213	252	66	shareholder	shareholder	NOUN
cblr-1213	252	67	receives	receive	VERB
cblr-1213	252	68	the	the	DET
cblr-1213	252	69	$	$	SYM
cblr-1213	252	70	10.00	10.00	NUM
cblr-1213	252	71	nav	nav	NOUN
cblr-1213	252	72	for	for	ADP
cblr-1213	252	73	the	the	DET
cblr-1213	252	74	following	follow	VERB
cblr-1213	252	75	reasons	reason	NOUN
cblr-1213	252	76	.	.	PUNCT
cblr-1213	253	1	funds	fund	NOUN
cblr-1213	253	2	typically	typically	ADV
cblr-1213	253	3	sell	sell	VERB
cblr-1213	253	4	securities	security	NOUN
cblr-1213	253	5	on	on	ADP
cblr-1213	253	6	the	the	DET
cblr-1213	253	7	same	same	ADJ
cblr-1213	253	8	day	day	NOUN
cblr-1213	253	9	,	,	PUNCT
cblr-1213	253	10	or	or	CCONJ
cblr-1213	253	11	the	the	DET
cblr-1213	253	12	days	day	NOUN
cblr-1213	253	13	immediately	immediately	ADV
cblr-1213	253	14	following	follow	VERB
cblr-1213	253	15	a	a	DET
cblr-1213	253	16	redemption	redemption	NOUN
cblr-1213	253	17	order	order	NOUN
cblr-1213	253	18	.	.	PUNCT
cblr-1213	254	1	62	62	NUM
cblr-1213	254	2	funds	fund	NOUN
cblr-1213	254	3	book	book	NOUN
cblr-1213	254	4	59	59	NUM
cblr-1213	254	5	to	to	PART
cblr-1213	254	6	illustrate	illustrate	VERB
cblr-1213	254	7	,	,	PUNCT
cblr-1213	254	8	consider	consider	VERB
cblr-1213	254	9	a	a	DET
cblr-1213	254	10	shareholder	shareholder	NOUN
cblr-1213	254	11	who	who	PRON
cblr-1213	254	12	redeems	redeem	VERB
cblr-1213	254	13	1000	1000	NUM
cblr-1213	254	14	shares	share	NOUN
cblr-1213	254	15	on	on	ADP
cblr-1213	254	16	a	a	DET
cblr-1213	254	17	day	day	NOUN
cblr-1213	254	18	when	when	SCONJ
cblr-1213	254	19	the	the	DET
cblr-1213	254	20	fund	fund	NOUN
cblr-1213	254	21	’s	’s	PART
cblr-1213	254	22	nav	nav	NOUN
cblr-1213	254	23	is	be	AUX
cblr-1213	254	24	$	$	SYM
cblr-1213	254	25	1000	1000	NUM
cblr-1213	254	26	per	per	ADP
cblr-1213	254	27	share	share	NOUN
cblr-1213	254	28	,	,	PUNCT
cblr-1213	254	29	but	but	CCONJ
cblr-1213	254	30	the	the	DET
cblr-1213	254	31	fund	fund	NOUN
cblr-1213	254	32	incurs	incur	VERB
cblr-1213	254	33	significant	significant	ADJ
cblr-1213	254	34	transaction	transaction	NOUN
cblr-1213	254	35	costs	cost	NOUN
cblr-1213	254	36	in	in	ADP
cblr-1213	254	37	meeting	meet	VERB
cblr-1213	254	38	the	the	DET
cblr-1213	254	39	shareholder	shareholder	NOUN
cblr-1213	254	40	redemption	redemption	NOUN
cblr-1213	254	41	—	—	PUNCT
cblr-1213	254	42	costs	cost	NOUN
cblr-1213	254	43	that	that	PRON
cblr-1213	254	44	are	be	AUX
cblr-1213	254	45	not	not	PART
cblr-1213	254	46	charged	charge	VERB
cblr-1213	254	47	to	to	ADP
cblr-1213	254	48	the	the	DET
cblr-1213	254	49	exiting	exit	VERB
cblr-1213	254	50	fund	fund	NOUN
cblr-1213	254	51	shareholders	shareholder	NOUN
cblr-1213	254	52	,	,	PUNCT
cblr-1213	254	53	but	but	CCONJ
cblr-1213	254	54	which	which	PRON
cblr-1213	254	55	is	be	AUX
cblr-1213	254	56	a	a	DET
cblr-1213	254	57	cost	cost	NOUN
cblr-1213	254	58	borne	bear	VERB
cblr-1213	254	59	by	by	ADP
cblr-1213	254	60	the	the	DET
cblr-1213	254	61	shareholders	shareholder	NOUN
cblr-1213	254	62	that	that	PRON
cblr-1213	254	63	stay	stay	VERB
cblr-1213	254	64	in	in	ADP
cblr-1213	254	65	the	the	DET
cblr-1213	254	66	fund	fund	NOUN
cblr-1213	254	67	.	.	PUNCT
cblr-1213	255	1	after	after	SCONJ
cblr-1213	255	2	the	the	DET
cblr-1213	255	3	redemption	redemption	NOUN
cblr-1213	255	4	closes	close	VERB
cblr-1213	255	5	,	,	PUNCT
cblr-1213	255	6	the	the	DET
cblr-1213	255	7	fund	fund	NOUN
cblr-1213	255	8	’s	’s	PART
cblr-1213	255	9	nav	nav	NOUN
cblr-1213	255	10	may	may	AUX
cblr-1213	255	11	decline	decline	VERB
cblr-1213	255	12	to	to	ADP
cblr-1213	255	13	$	$	SYM
cblr-1213	255	14	990	990	NUM
cblr-1213	255	15	per	per	ADP
cblr-1213	255	16	share	share	NOUN
cblr-1213	255	17	resulting	result	VERB
cblr-1213	255	18	in	in	ADP
cblr-1213	255	19	a	a	DET
cblr-1213	255	20	dilution	dilution	NOUN
cblr-1213	255	21	in	in	ADP
cblr-1213	255	22	the	the	DET
cblr-1213	255	23	value	value	NOUN
cblr-1213	255	24	of	of	ADP
cblr-1213	255	25	the	the	DET
cblr-1213	255	26	sedentary	sedentary	ADJ
cblr-1213	255	27	shareholders	shareholder	NOUN
cblr-1213	255	28	’	'	PUNCT
cblr-1213	255	29	per	per	ADP
cblr-1213	255	30	share	share	NOUN
cblr-1213	255	31	interest	interest	NOUN
cblr-1213	255	32	in	in	ADP
cblr-1213	255	33	the	the	DET
cblr-1213	255	34	fund	fund	NOUN
cblr-1213	255	35	from	from	ADP
cblr-1213	255	36	$	$	SYM
cblr-1213	255	37	1000	1000	NUM
cblr-1213	255	38	to	to	PART
cblr-1213	255	39	$	$	SYM
cblr-1213	255	40	990	990	NUM
cblr-1213	255	41	.	.	PUNCT
cblr-1213	256	1	see	see	VERB
cblr-1213	256	2	pozen	pozen	PROPN
cblr-1213	256	3	,	,	PUNCT
cblr-1213	256	4	supra	supra	PROPN
cblr-1213	256	5	note	note	NOUN
cblr-1213	256	6	25	25	NUM
cblr-1213	256	7	,	,	PUNCT
cblr-1213	256	8	at	at	ADP
cblr-1213	256	9	263–65	263–65	NUM
cblr-1213	256	10	(	(	PUNCT
cblr-1213	256	11	discussing	discuss	VERB
cblr-1213	256	12	the	the	DET
cblr-1213	256	13	effect	effect	NOUN
cblr-1213	256	14	of	of	ADP
cblr-1213	256	15	large	large	ADJ
cblr-1213	256	16	trade	trade	NOUN
cblr-1213	256	17	size	size	NOUN
cblr-1213	256	18	on	on	ADP
cblr-1213	256	19	sale	sale	NOUN
cblr-1213	256	20	process	process	NOUN
cblr-1213	256	21	and	and	CCONJ
cblr-1213	256	22	price	price	NOUN
cblr-1213	256	23	)	)	PUNCT
cblr-1213	256	24	;	;	PUNCT
cblr-1213	256	25	see	see	VERB
cblr-1213	256	26	also	also	ADV
cblr-1213	256	27	supra	supra	PROPN
cblr-1213	256	28	section	section	PROPN
cblr-1213	256	29	ii.a	ii.a	PROPN
cblr-1213	256	30	.	.	PUNCT
cblr-1213	257	1	60	60	NUM
cblr-1213	257	2	see	see	VERB
cblr-1213	257	3	pozen	pozen	NOUN
cblr-1213	257	4	,	,	PUNCT
cblr-1213	257	5	supra	supra	PROPN
cblr-1213	257	6	note	note	NOUN
cblr-1213	257	7	25	25	NUM
cblr-1213	257	8	,	,	PUNCT
cblr-1213	257	9	at	at	ADP
cblr-1213	257	10	263–65	263–65	NUM
cblr-1213	257	11	(	(	PUNCT
cblr-1213	257	12	discussing	discuss	VERB
cblr-1213	257	13	the	the	DET
cblr-1213	257	14	sale	sale	NOUN
cblr-1213	257	15	process	process	NOUN
cblr-1213	257	16	involved	involve	VERB
cblr-1213	257	17	in	in	ADP
cblr-1213	257	18	executing	execute	VERB
cblr-1213	257	19	large	large	ADJ
cblr-1213	257	20	trades	trade	NOUN
cblr-1213	257	21	and	and	CCONJ
cblr-1213	257	22	their	their	PRON
cblr-1213	257	23	effect	effect	NOUN
cblr-1213	257	24	on	on	ADP
cblr-1213	257	25	price	price	NOUN
cblr-1213	257	26	)	)	PUNCT
cblr-1213	257	27	;	;	PUNCT
cblr-1213	257	28	see	see	VERB
cblr-1213	257	29	also	also	ADV
cblr-1213	257	30	supra	supra	PROPN
cblr-1213	257	31	section	section	PROPN
cblr-1213	257	32	ii.a	ii.a	PROPN
cblr-1213	257	33	.	.	PUNCT
cblr-1213	258	1	61	61	NUM
cblr-1213	258	2	pricing	pricing	NOUN
cblr-1213	258	3	of	of	ADP
cblr-1213	258	4	redeemable	redeemable	ADJ
cblr-1213	258	5	securities	security	NOUN
cblr-1213	258	6	for	for	ADP
cblr-1213	258	7	distribution	distribution	NOUN
cblr-1213	258	8	,	,	PUNCT
cblr-1213	258	9	17	17	NUM
cblr-1213	258	10	c.f.r	c.f.r	NOUN
cblr-1213	258	11	§	§	PROPN
cblr-1213	258	12	270.22c-1	270.22c-1	NUM
cblr-1213	258	13	(	(	PUNCT
cblr-1213	258	14	2017	2017	NUM
cblr-1213	258	15	)	)	PUNCT
cblr-1213	258	16	.	.	PUNCT
cblr-1213	259	1	62	62	NUM
cblr-1213	259	2	see	see	VERB
cblr-1213	259	3	swing	swing	NOUN
cblr-1213	259	4	pricing	price	VERB
cblr-1213	259	5	first	first	ADJ
cblr-1213	259	6	proposal	proposal	NOUN
cblr-1213	259	7	,	,	PUNCT
cblr-1213	259	8	supra	supra	PROPN
cblr-1213	259	9	note	note	NOUN
cblr-1213	259	10	4	4	NUM
cblr-1213	259	11	,	,	PUNCT
cblr-1213	259	12	at	at	ADP
cblr-1213	259	13	62326	62326	NUM
cblr-1213	259	14	(	(	PUNCT
cblr-1213	259	15	discussing	discuss	VERB
cblr-1213	259	16	the	the	DET
cblr-1213	259	17	redemption	redemption	NOUN
cblr-1213	259	18	process	process	NOUN
cblr-1213	259	19	)	)	PUNCT
cblr-1213	259	20	.	.	PUNCT
cblr-1213	260	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	260	2	146	146	NUM
cblr-1213	260	3	columbia	columbia	PROPN
cblr-1213	260	4	business	business	NOUN
cblr-1213	260	5	law	law	PROPN
cblr-1213	260	6	review	review	NOUN
cblr-1213	260	7	[	[	X
cblr-1213	260	8	vol	vol	NOUN
cblr-1213	260	9	.	.	NOUN
cblr-1213	260	10	2018	2018	NUM
cblr-1213	260	11	the	the	DET
cblr-1213	260	12	security	security	NOUN
cblr-1213	260	13	sale	sale	NOUN
cblr-1213	260	14	price	price	NOUN
cblr-1213	260	15	the	the	DET
cblr-1213	260	16	next	next	ADJ
cblr-1213	260	17	business	business	NOUN
cblr-1213	260	18	day	day	NOUN
cblr-1213	260	19	after	after	ADP
cblr-1213	260	20	the	the	DET
cblr-1213	260	21	transaction.63	transaction.63	NOUN
cblr-1213	260	22	the	the	DET
cblr-1213	260	23	triggering	trigger	VERB
cblr-1213	260	24	shareholder	shareholder	NOUN
cblr-1213	260	25	escapes	escape	VERB
cblr-1213	260	26	the	the	DET
cblr-1213	260	27	negative	negative	ADJ
cblr-1213	260	28	financial	financial	ADJ
cblr-1213	260	29	impact	impact	NOUN
cblr-1213	260	30	caused	cause	VERB
cblr-1213	260	31	by	by	ADP
cblr-1213	260	32	its	its	PRON
cblr-1213	260	33	redemption	redemption	NOUN
cblr-1213	260	34	order	order	NOUN
cblr-1213	260	35	because	because	SCONJ
cblr-1213	260	36	the	the	DET
cblr-1213	260	37	fund	fund	NOUN
cblr-1213	260	38	has	have	AUX
cblr-1213	260	39	not	not	PART
cblr-1213	260	40	yet	yet	ADV
cblr-1213	260	41	recorded	record	VERB
cblr-1213	260	42	the	the	DET
cblr-1213	260	43	financial	financial	ADJ
cblr-1213	260	44	implications	implication	NOUN
cblr-1213	260	45	of	of	ADP
cblr-1213	260	46	the	the	DET
cblr-1213	260	47	securities	security	NOUN
cblr-1213	260	48	transactions.64	transactions.64	X
cblr-1213	260	49	the	the	DET
cblr-1213	260	50	remaining	remain	VERB
cblr-1213	260	51	shareholders	shareholder	NOUN
cblr-1213	260	52	’	'	PUNCT
cblr-1213	260	53	portfolio	portfolio	NOUN
cblr-1213	260	54	value	value	NOUN
cblr-1213	260	55	drops	drop	NOUN
cblr-1213	260	56	because	because	SCONJ
cblr-1213	260	57	of	of	ADP
cblr-1213	260	58	the	the	DET
cblr-1213	260	59	decreased	decrease	VERB
cblr-1213	260	60	nav	nav	NOUN
cblr-1213	260	61	—	—	PUNCT
cblr-1213	260	62	i.e.	i.e.	X
cblr-1213	260	63	,	,	PUNCT
cblr-1213	260	64	the	the	DET
cblr-1213	260	65	dilution	dilution	NOUN
cblr-1213	260	66	of	of	ADP
cblr-1213	260	67	their	their	PRON
cblr-1213	260	68	investment	investment	NOUN
cblr-1213	260	69	.	.	PUNCT
cblr-1213	261	1	the	the	DET
cblr-1213	261	2	sedentary	sedentary	ADJ
cblr-1213	261	3	shareholders	shareholder	NOUN
cblr-1213	261	4	absorb	absorb	VERB
cblr-1213	261	5	transaction	transaction	NOUN
cblr-1213	261	6	-	-	PUNCT
cblr-1213	261	7	cost	cost	NOUN
cblr-1213	261	8	effects	effect	NOUN
cblr-1213	261	9	on	on	ADP
cblr-1213	261	10	the	the	DET
cblr-1213	261	11	fund	fund	NOUN
cblr-1213	261	12	’s	’s	PART
cblr-1213	261	13	nav	nav	NOUN
cblr-1213	261	14	and	and	CCONJ
cblr-1213	261	15	long	long	ADJ
cblr-1213	261	16	-	-	PUNCT
cblr-1213	261	17	term	term	NOUN
cblr-1213	261	18	performance.65	performance.65	NOUN
cblr-1213	261	19	fund	fund	NOUN
cblr-1213	261	20	performance	performance	NOUN
cblr-1213	261	21	declines	decline	VERB
cblr-1213	261	22	by	by	ADP
cblr-1213	261	23	one	one	NUM
cblr-1213	261	24	percent	percent	NOUN
cblr-1213	261	25	in	in	ADP
cblr-1213	261	26	the	the	DET
cblr-1213	261	27	above	above	ADJ
cblr-1213	261	28	scenario	scenario	NOUN
cblr-1213	261	29	,	,	PUNCT
cblr-1213	261	30	but	but	CCONJ
cblr-1213	261	31	only	only	ADV
cblr-1213	261	32	for	for	ADP
cblr-1213	261	33	the	the	DET
cblr-1213	261	34	shareholders	shareholder	NOUN
cblr-1213	261	35	who	who	PRON
cblr-1213	261	36	remain	remain	VERB
cblr-1213	261	37	in	in	ADP
cblr-1213	261	38	the	the	DET
cblr-1213	261	39	fund	fund	NOUN
cblr-1213	261	40	at	at	ADP
cblr-1213	261	41	the	the	DET
cblr-1213	261	42	discount	discount	NOUN
cblr-1213	261	43	nav	nav	NOUN
cblr-1213	261	44	of	of	ADP
cblr-1213	261	45	$	$	SYM
cblr-1213	261	46	9.90	9.90	NUM
cblr-1213	261	47	,	,	PUNCT
cblr-1213	261	48	and	and	CCONJ
cblr-1213	261	49	not	not	PART
cblr-1213	261	50	for	for	ADP
cblr-1213	261	51	the	the	DET
cblr-1213	261	52	shareholders	shareholder	NOUN
cblr-1213	261	53	who	who	PRON
cblr-1213	261	54	exited	exit	VERB
cblr-1213	261	55	at	at	ADP
cblr-1213	261	56	the	the	DET
cblr-1213	261	57	$	$	SYM
cblr-1213	261	58	10.00	10.00	NUM
cblr-1213	261	59	nav	nav	NOUN
cblr-1213	261	60	.	.	PUNCT
cblr-1213	262	1	the	the	DET
cblr-1213	262	2	remaining	remain	VERB
cblr-1213	262	3	shareholders	shareholder	NOUN
cblr-1213	262	4	’	'	PUNCT
cblr-1213	262	5	return	return	NOUN
cblr-1213	262	6	on	on	ADP
cblr-1213	262	7	investment	investment	NOUN
cblr-1213	262	8	is	be	AUX
cblr-1213	262	9	thereby	thereby	ADV
cblr-1213	262	10	reduced	reduce	VERB
cblr-1213	262	11	by	by	ADP
cblr-1213	262	12	one	one	NUM
cblr-1213	262	13	percent	percent	NOUN
cblr-1213	262	14	in	in	ADP
cblr-1213	262	15	this	this	DET
cblr-1213	262	16	limited	limited	ADJ
cblr-1213	262	17	scenario	scenario	NOUN
cblr-1213	262	18	.	.	PUNCT
cblr-1213	263	1	over	over	ADP
cblr-1213	263	2	time	time	NOUN
cblr-1213	263	3	,	,	PUNCT
cblr-1213	263	4	these	these	DET
cblr-1213	263	5	small	small	ADJ
cblr-1213	263	6	negative	negative	ADJ
cblr-1213	263	7	price	price	NOUN
cblr-1213	263	8	impacts	impact	NOUN
cblr-1213	263	9	equal	equal	VERB
cblr-1213	263	10	a	a	DET
cblr-1213	263	11	significant	significant	ADJ
cblr-1213	263	12	cumulative	cumulative	ADJ
cblr-1213	263	13	drag	drag	NOUN
cblr-1213	263	14	on	on	ADP
cblr-1213	263	15	performance	performance	NOUN
cblr-1213	263	16	over	over	ADP
cblr-1213	263	17	the	the	DET
cblr-1213	263	18	lifespan	lifespan	NOUN
cblr-1213	263	19	of	of	ADP
cblr-1213	263	20	a	a	DET
cblr-1213	263	21	sedentary	sedentary	ADJ
cblr-1213	263	22	shareholders	shareholder	NOUN
cblr-1213	263	23	’	'	PUNCT
cblr-1213	263	24	investment	investment	NOUN
cblr-1213	263	25	.	.	PUNCT
cblr-1213	264	1	one	one	NUM
cblr-1213	264	2	of	of	ADP
cblr-1213	264	3	the	the	DET
cblr-1213	264	4	sec	sec	PROPN
cblr-1213	264	5	’s	’s	PART
cblr-1213	264	6	primary	primary	ADJ
cblr-1213	264	7	objectives	objective	NOUN
cblr-1213	264	8	with	with	ADP
cblr-1213	264	9	respect	respect	NOUN
cblr-1213	264	10	to	to	ADP
cblr-1213	264	11	mutual	mutual	ADJ
cblr-1213	264	12	funds	fund	NOUN
cblr-1213	264	13	is	be	AUX
cblr-1213	264	14	to	to	PART
cblr-1213	264	15	minimize	minimize	VERB
cblr-1213	264	16	the	the	DET
cblr-1213	264	17	impact	impact	NOUN
cblr-1213	264	18	of	of	ADP
cblr-1213	264	19	redemptions	redemption	NOUN
cblr-1213	264	20	on	on	ADP
cblr-1213	264	21	the	the	DET
cblr-1213	264	22	value	value	NOUN
cblr-1213	264	23	of	of	ADP
cblr-1213	264	24	fund	fund	NOUN
cblr-1213	264	25	shares	share	NOUN
cblr-1213	264	26	and	and	CCONJ
cblr-1213	264	27	prevent	prevent	VERB
cblr-1213	264	28	dilution.66	dilution.66	NOUN
cblr-1213	264	29	portfolio	portfolio	NOUN
cblr-1213	264	30	managers	manager	NOUN
cblr-1213	264	31	also	also	ADV
cblr-1213	264	32	have	have	VERB
cblr-1213	264	33	a	a	DET
cblr-1213	264	34	vested	vested	ADJ
cblr-1213	264	35	interest	interest	NOUN
cblr-1213	264	36	in	in	ADP
cblr-1213	264	37	minimizing	minimize	VERB
cblr-1213	264	38	dilution	dilution	NOUN
cblr-1213	264	39	as	as	SCONJ
cblr-1213	264	40	it	it	PRON
cblr-1213	264	41	adversely	adversely	ADV
cblr-1213	264	42	affects	affect	VERB
cblr-1213	264	43	the	the	DET
cblr-1213	264	44	performance	performance	NOUN
cblr-1213	264	45	of	of	ADP
cblr-1213	264	46	the	the	DET
cblr-1213	264	47	fund,67	fund,67	NOUN
cblr-1213	264	48	and	and	CCONJ
cblr-1213	264	49	thus	thus	ADV
cblr-1213	264	50	usually	usually	ADV
cblr-1213	264	51	adversely	adversely	ADV
cblr-1213	264	52	affects	affect	VERB
cblr-1213	264	53	the	the	DET
cblr-1213	264	54	portfolio	portfolio	NOUN
cblr-1213	264	55	manager	manager	NOUN
cblr-1213	264	56	’s	’s	PART
cblr-1213	264	57	compensation.68	compensation.68	PROPN
cblr-1213	264	58	port	port	NOUN
cblr-1213	264	59	63	63	NUM
cblr-1213	264	60	i	i	PRON
cblr-1213	264	61	d.	d.	PROPN
cblr-1213	264	62	this	this	PRON
cblr-1213	264	63	means	mean	VERB
cblr-1213	264	64	that	that	SCONJ
cblr-1213	264	65	a	a	DET
cblr-1213	264	66	fund	fund	NOUN
cblr-1213	264	67	records	record	VERB
cblr-1213	264	68	the	the	DET
cblr-1213	264	69	transactions	transaction	NOUN
cblr-1213	264	70	that	that	PRON
cblr-1213	264	71	affected	affect	VERB
cblr-1213	264	72	the	the	DET
cblr-1213	264	73	nav	nav	NOUN
cblr-1213	264	74	on	on	ADP
cblr-1213	264	75	the	the	DET
cblr-1213	264	76	day	day	NOUN
cblr-1213	264	77	after	after	SCONJ
cblr-1213	264	78	the	the	DET
cblr-1213	264	79	trades	trade	NOUN
cblr-1213	264	80	were	be	AUX
cblr-1213	264	81	executed	execute	VERB
cblr-1213	264	82	(	(	PUNCT
cblr-1213	264	83	or	or	CCONJ
cblr-1213	264	84	trading	trading	NOUN
cblr-1213	264	85	day	day	NOUN
cblr-1213	264	86	,	,	PUNCT
cblr-1213	264	87	noted	note	VERB
cblr-1213	264	88	as	as	ADP
cblr-1213	264	89	t+1	t+1	NUM
cblr-1213	264	90	)	)	PUNCT
cblr-1213	264	91	.	.	PUNCT
cblr-1213	265	1	for	for	ADP
cblr-1213	265	2	example	example	NOUN
cblr-1213	265	3	,	,	PUNCT
cblr-1213	265	4	a	a	DET
cblr-1213	265	5	fund	fund	NOUN
cblr-1213	265	6	shareholder	shareholder	NOUN
cblr-1213	265	7	redeems	redeem	VERB
cblr-1213	265	8	shares	share	NOUN
cblr-1213	265	9	on	on	ADP
cblr-1213	265	10	monday	monday	PROPN
cblr-1213	265	11	,	,	PUNCT
cblr-1213	265	12	causing	cause	VERB
cblr-1213	265	13	the	the	DET
cblr-1213	265	14	fund	fund	NOUN
cblr-1213	265	15	manager	manager	NOUN
cblr-1213	265	16	to	to	PART
cblr-1213	265	17	sell	sell	VERB
cblr-1213	265	18	fund	fund	NOUN
cblr-1213	265	19	assets	asset	NOUN
cblr-1213	265	20	to	to	PART
cblr-1213	265	21	meet	meet	VERB
cblr-1213	265	22	the	the	DET
cblr-1213	265	23	shareholder	shareholder	NOUN
cblr-1213	265	24	redemption	redemption	NOUN
cblr-1213	265	25	.	.	PUNCT
cblr-1213	266	1	the	the	DET
cblr-1213	266	2	sales	sale	NOUN
cblr-1213	266	3	may	may	AUX
cblr-1213	266	4	not	not	PART
cblr-1213	266	5	be	be	AUX
cblr-1213	266	6	recorded	record	VERB
cblr-1213	266	7	,	,	PUNCT
cblr-1213	266	8	and	and	CCONJ
cblr-1213	266	9	therefore	therefore	ADV
cblr-1213	266	10	factored	factor	VERB
cblr-1213	266	11	into	into	ADP
cblr-1213	266	12	nav	nav	PROPN
cblr-1213	266	13	until	until	ADP
cblr-1213	266	14	tuesday	tuesday	PROPN
cblr-1213	266	15	(	(	PUNCT
cblr-1213	266	16	t+1	t+1	PROPN
cblr-1213	266	17	)	)	PUNCT
cblr-1213	266	18	.	.	PUNCT
cblr-1213	267	1	64	64	NUM
cblr-1213	267	2	see	see	VERB
cblr-1213	267	3	supra	supra	PROPN
cblr-1213	267	4	section	section	PROPN
cblr-1213	267	5	ii.a	ii.a	PROPN
cblr-1213	267	6	.	.	PROPN
cblr-1213	268	1	65	65	NUM
cblr-1213	268	2	anne	anne	PROPN
cblr-1213	268	3	m.	m.	PROPN
cblr-1213	268	4	tucker	tucker	PROPN
cblr-1213	268	5	,	,	PUNCT
cblr-1213	268	6	locked	lock	VERB
cblr-1213	268	7	in	in	ADP
cblr-1213	268	8	:	:	PUNCT
cblr-1213	268	9	the	the	DET
cblr-1213	268	10	competitive	competitive	ADJ
cblr-1213	268	11	disadvantage	disadvantage	NOUN
cblr-1213	268	12	of	of	ADP
cblr-1213	268	13	citizen	citizen	NOUN
cblr-1213	268	14	shareholders	shareholder	NOUN
cblr-1213	268	15	,	,	PUNCT
cblr-1213	268	16	125	125	NUM
cblr-1213	268	17	yale	yale	PROPN
cblr-1213	268	18	l.	l.	PROPN
cblr-1213	268	19	rev	rev	PROPN
cblr-1213	268	20	.	.	PROPN
cblr-1213	268	21	forum	forum	PROPN
cblr-1213	268	22	163	163	NUM
cblr-1213	268	23	,	,	PUNCT
cblr-1213	268	24	179	179	NUM
cblr-1213	268	25	(	(	PUNCT
cblr-1213	268	26	2015	2015	NUM
cblr-1213	268	27	)	)	PUNCT
cblr-1213	268	28	.	.	PUNCT
cblr-1213	269	1	66	66	NUM
cblr-1213	269	2	inv	inv	PROPN
cblr-1213	269	3	.	.	PUNCT
cblr-1213	269	4	co.	co.	PROPN
cblr-1213	269	5	inst	inst	PROPN
cblr-1213	269	6	.	.	PUNCT
cblr-1213	269	7	comment	comment	NOUN
cblr-1213	269	8	letter	letter	NOUN
cblr-1213	269	9	,	,	PUNCT
cblr-1213	269	10	supra	supra	PROPN
cblr-1213	269	11	note	note	NOUN
cblr-1213	269	12	9	9	NUM
cblr-1213	269	13	,	,	PUNCT
cblr-1213	269	14	at	at	ADP
cblr-1213	269	15	9	9	NUM
cblr-1213	269	16	.	.	NUM
cblr-1213	269	17	67	67	NUM
cblr-1213	270	1	i	i	PRON
cblr-1213	270	2	d.	d.	PROPN
cblr-1213	270	3	at	at	ADP
cblr-1213	270	4	10	10	NUM
cblr-1213	270	5	.	.	PUNCT
cblr-1213	270	6	68	68	NUM
cblr-1213	270	7	a	a	DET
cblr-1213	270	8	portfolio	portfolio	NOUN
cblr-1213	270	9	manager	manager	NOUN
cblr-1213	270	10	’s	’s	PART
cblr-1213	270	11	bonus	bonus	NOUN
cblr-1213	270	12	compensation	compensation	NOUN
cblr-1213	270	13	is	be	AUX
cblr-1213	270	14	typically	typically	ADV
cblr-1213	270	15	tied	tie	VERB
cblr-1213	270	16	to	to	ADP
cblr-1213	270	17	the	the	DET
cblr-1213	270	18	performance	performance	NOUN
cblr-1213	270	19	of	of	ADP
cblr-1213	270	20	the	the	DET
cblr-1213	270	21	fund	fund	NOUN
cblr-1213	270	22	she	she	PRON
cblr-1213	270	23	manages	manage	VERB
cblr-1213	270	24	.	.	PUNCT
cblr-1213	271	1	disclosures	disclosure	NOUN
cblr-1213	271	2	relating	relate	VERB
cblr-1213	271	3	to	to	ADP
cblr-1213	271	4	a	a	DET
cblr-1213	271	5	portfolio	portfolio	NOUN
cblr-1213	271	6	manager	manager	NOUN
cblr-1213	271	7	’s	’s	PART
cblr-1213	271	8	compensation	compensation	NOUN
cblr-1213	271	9	can	can	AUX
cblr-1213	271	10	be	be	AUX
cblr-1213	271	11	found	find	VERB
cblr-1213	271	12	in	in	ADP
cblr-1213	271	13	a	a	DET
cblr-1213	271	14	fund	fund	NOUN
cblr-1213	271	15	’s	’s	PART
cblr-1213	271	16	statement	statement	NOUN
cblr-1213	271	17	of	of	ADP
cblr-1213	271	18	additional	additional	ADJ
cblr-1213	271	19	information	information	NOUN
cblr-1213	271	20	attached	attach	VERB
cblr-1213	271	21	to	to	ADP
cblr-1213	271	22	the	the	DET
cblr-1213	271	23	annual	annual	ADJ
cblr-1213	271	24	prospectus	prospectus	NOUN
cblr-1213	271	25	filing	filing	NOUN
cblr-1213	271	26	(	(	PUNCT
cblr-1213	271	27	form	form	NOUN
cblr-1213	271	28	na-1	na-1	X
cblr-1213	271	29	)	)	PUNCT
cblr-1213	271	30	.	.	PUNCT
cblr-1213	272	1	see	see	VERB
cblr-1213	272	2	e.g.	e.g.	ADV
cblr-1213	272	3	,	,	PUNCT
cblr-1213	272	4	virtus	virtus	PROPN
cblr-1213	272	5	asset	asset	PROPN
cblr-1213	272	6	trust	trust	PROPN
cblr-1213	272	7	,	,	PUNCT
cblr-1213	272	8	supplement	supplement	VERB
cblr-1213	272	9	to	to	ADP
cblr-1213	272	10	statement	statement	NOUN
cblr-1213	272	11	of	of	ADP
cblr-1213	272	12	additional	additional	ADJ
cblr-1213	272	13	information	information	NOUN
cblr-1213	272	14	,	,	PUNCT
cblr-1213	272	15	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	272	16	no	no	NOUN
cblr-1213	272	17	.	.	PUNCT
cblr-1213	273	1	1:130	1:130	NUM
cblr-1213	273	2	]	]	X
cblr-1213	273	3	will	will	AUX
cblr-1213	273	4	swing	swing	VERB
cblr-1213	273	5	pricing	pricing	NOUN
cblr-1213	273	6	save	save	VERB
cblr-1213	273	7	sedentary	sedentary	ADJ
cblr-1213	273	8	shareholders	shareholder	NOUN
cblr-1213	273	9	?	?	PUNCT
cblr-1213	274	1	147	147	NUM
cblr-1213	274	2	folio	folio	NOUN
cblr-1213	274	3	managers	manager	NOUN
cblr-1213	274	4	also	also	ADV
cblr-1213	274	5	,	,	PUNCT
cblr-1213	274	6	and	and	CCONJ
cblr-1213	274	7	importantly	importantly	ADV
cblr-1213	274	8	,	,	PUNCT
cblr-1213	274	9	owe	owe	VERB
cblr-1213	274	10	shareholders	shareholder	NOUN
cblr-1213	274	11	a	a	DET
cblr-1213	274	12	fiduciary	fiduciary	ADJ
cblr-1213	274	13	duty.69	duty.69	NOUN
cblr-1213	274	14	a	a	DET
cblr-1213	274	15	fund	fund	NOUN
cblr-1213	274	16	with	with	ADP
cblr-1213	274	17	a	a	DET
cblr-1213	274	18	stable	stable	ADJ
cblr-1213	274	19	shareholder	shareholder	NOUN
cblr-1213	274	20	base	base	NOUN
cblr-1213	274	21	and	and	CCONJ
cblr-1213	274	22	relatively	relatively	ADV
cblr-1213	274	23	low	low	ADJ
cblr-1213	274	24	flows	flow	NOUN
cblr-1213	274	25	and	and	CCONJ
cblr-1213	274	26	transaction	transaction	NOUN
cblr-1213	274	27	costs	cost	NOUN
cblr-1213	274	28	is	be	AUX
cblr-1213	274	29	likely	likely	ADJ
cblr-1213	274	30	to	to	PART
cblr-1213	274	31	experience	experience	VERB
cblr-1213	274	32	little	little	ADJ
cblr-1213	274	33	dilution.70	dilution.70	ADP
cblr-1213	274	34	nonetheless	nonetheless	ADV
cblr-1213	274	35	,	,	PUNCT
cblr-1213	274	36	even	even	ADV
cblr-1213	274	37	a	a	DET
cblr-1213	274	38	fund	fund	NOUN
cblr-1213	274	39	that	that	PRON
cblr-1213	274	40	experiences	experience	VERB
cblr-1213	274	41	minimal	minimal	ADJ
cblr-1213	274	42	dilution	dilution	NOUN
cblr-1213	274	43	or	or	CCONJ
cblr-1213	274	44	shareholder	shareholder	NOUN
cblr-1213	274	45	activity	activity	NOUN
cblr-1213	274	46	can	can	AUX
cblr-1213	274	47	suffer	suffer	VERB
cblr-1213	274	48	a	a	DET
cblr-1213	274	49	performance	performance	NOUN
cblr-1213	274	50	drag	drag	NOUN
cblr-1213	274	51	over	over	ADP
cblr-1213	274	52	time	time	NOUN
cblr-1213	274	53	from	from	ADP
cblr-1213	274	54	paying	pay	VERB
cblr-1213	274	55	transaction	transaction	NOUN
cblr-1213	274	56	costs	cost	NOUN
cblr-1213	274	57	related	relate	VERB
cblr-1213	274	58	to	to	ADP
cblr-1213	274	59	shareholder	shareholder	NOUN
cblr-1213	274	60	purchases	purchase	NOUN
cblr-1213	274	61	and	and	CCONJ
cblr-1213	274	62	redemptions	redemption	NOUN
cblr-1213	274	63	.	.	PUNCT
cblr-1213	275	1	various	various	ADJ
cblr-1213	275	2	jurisdictions	jurisdiction	NOUN
cblr-1213	275	3	,	,	PUNCT
cblr-1213	275	4	including	include	VERB
cblr-1213	275	5	the	the	DET
cblr-1213	275	6	united	united	PROPN
cblr-1213	275	7	states	states	PROPN
cblr-1213	275	8	,	,	PUNCT
cblr-1213	275	9	have	have	AUX
cblr-1213	275	10	developed	develop	VERB
cblr-1213	275	11	solutions	solution	NOUN
cblr-1213	275	12	for	for	ADP
cblr-1213	275	13	mitigating	mitigate	VERB
cblr-1213	275	14	dilution	dilution	NOUN
cblr-1213	275	15	.	.	PUNCT
cblr-1213	276	1	for	for	ADP
cblr-1213	276	2	example	example	NOUN
cblr-1213	276	3	,	,	PUNCT
cblr-1213	276	4	since	since	SCONJ
cblr-1213	276	5	2002	2002	NUM
cblr-1213	276	6	the	the	DET
cblr-1213	276	7	united	united	PROPN
cblr-1213	276	8	kingdom	kingdom	PROPN
cblr-1213	276	9	’s	’s	PART
cblr-1213	276	10	financial	financial	PROPN
cblr-1213	276	11	services	service	NOUN
cblr-1213	276	12	authority	authority	NOUN
cblr-1213	276	13	(	(	PUNCT
cblr-1213	276	14	the	the	DET
cblr-1213	276	15	“	"	PUNCT
cblr-1213	276	16	fsa	fsa	PROPN
cblr-1213	276	17	”	"	PUNCT
cblr-1213	276	18	)	)	PUNCT
cblr-1213	276	19	has	have	AUX
cblr-1213	276	20	permitted	permit	VERB
cblr-1213	276	21	funds	fund	NOUN
cblr-1213	276	22	to	to	PART
cblr-1213	276	23	charge	charge	VERB
cblr-1213	276	24	dilution	dilution	NOUN
cblr-1213	276	25	levies.71	levies.71	NOUN
cblr-1213	276	26	a	a	DET
cblr-1213	276	27	fund	fund	NOUN
cblr-1213	276	28	may	may	AUX
cblr-1213	276	29	charge	charge	VERB
cblr-1213	276	30	an	an	DET
cblr-1213	276	31	entering	entering	NOUN
cblr-1213	276	32	or	or	CCONJ
cblr-1213	276	33	exiting	exit	VERB
cblr-1213	276	34	shareholder	shareholder	NOUN
cblr-1213	276	35	a	a	DET
cblr-1213	276	36	tax	tax	NOUN
cblr-1213	276	37	—	—	PUNCT
cblr-1213	276	38	i.e.	i.e.	X
cblr-1213	276	39	,	,	PUNCT
cblr-1213	276	40	a	a	DET
cblr-1213	276	41	dilution	dilution	NOUN
cblr-1213	276	42	levy	levy	NOUN
cblr-1213	276	43	—	—	PUNCT
cblr-1213	276	44	that	that	PRON
cblr-1213	276	45	is	be	AUX
cblr-1213	276	46	paid	pay	VERB
cblr-1213	276	47	to	to	ADP
cblr-1213	276	48	the	the	DET
cblr-1213	276	49	fund	fund	NOUN
cblr-1213	276	50	rather	rather	ADV
cblr-1213	276	51	than	than	ADP
cblr-1213	276	52	to	to	ADP
cblr-1213	276	53	the	the	DET
cblr-1213	276	54	fund	fund	NOUN
cblr-1213	276	55	manager.72	manager.72	ADJ
cblr-1213	276	56	part	part	NOUN
cblr-1213	276	57	v	v	NOUN
cblr-1213	276	58	discusses	discuss	VERB
cblr-1213	276	59	other	other	ADJ
cblr-1213	276	60	methods	method	NOUN
cblr-1213	276	61	such	such	ADJ
cblr-1213	276	62	as	as	ADP
cblr-1213	276	63	redemption	redemption	NOUN
cblr-1213	276	64	fees	fee	NOUN
cblr-1213	276	65	,	,	PUNCT
cblr-1213	276	66	dual	dual	ADJ
cblr-1213	276	67	pricing	pricing	NOUN
cblr-1213	276	68	,	,	PUNCT
cblr-1213	276	69	and	and	CCONJ
cblr-1213	276	70	redemptions	redemption	NOUN
cblr-1213	276	71	in	in	ADP
cblr-1213	276	72	-	-	PUNCT
cblr-1213	276	73	kind	kind	NOUN
cblr-1213	276	74	to	to	PART
cblr-1213	276	75	allocate	allocate	VERB
cblr-1213	276	76	transaction	transaction	NOUN
cblr-1213	276	77	costs	cost	NOUN
cblr-1213	276	78	to	to	ADP
cblr-1213	276	79	triggering	trigger	VERB
cblr-1213	276	80	shareholders	shareholder	NOUN
cblr-1213	276	81	and	and	CCONJ
cblr-1213	276	82	addressing	address	VERB
cblr-1213	276	83	liquidity	liquidity	NOUN
cblr-1213	276	84	needs	need	NOUN
cblr-1213	276	85	.	.	PUNCT
cblr-1213	277	1	many	many	ADJ
cblr-1213	277	2	international	international	ADJ
cblr-1213	277	3	jurisdictions	jurisdiction	NOUN
cblr-1213	277	4	already	already	ADV
cblr-1213	277	5	use	use	VERB
cblr-1213	277	6	swing	swing	NOUN
cblr-1213	277	7	pricing	pricing	NOUN
cblr-1213	277	8	to	to	PART
cblr-1213	277	9	combat	combat	VERB
cblr-1213	277	10	the	the	DET
cblr-1213	277	11	dilutive	dilutive	ADJ
cblr-1213	277	12	effects	effect	NOUN
cblr-1213	277	13	of	of	ADP
cblr-1213	277	14	unallocated	unallocated	ADJ
cblr-1213	277	15	transaction	transaction	NOUN
cblr-1213	277	16	costs	cost	NOUN
cblr-1213	277	17	triggered	trigger	VERB
cblr-1213	277	18	by	by	ADP
cblr-1213	277	19	active	active	ADJ
cblr-1213	277	20	shareholders	shareholder	NOUN
cblr-1213	277	21	.	.	PUNCT
cblr-1213	278	1	(	(	PUNCT
cblr-1213	278	2	july	july	PROPN
cblr-1213	278	3	17	17	NUM
cblr-1213	278	4	,	,	PUNCT
cblr-1213	278	5	2017	2017	NUM
cblr-1213	278	6	)	)	PUNCT
cblr-1213	278	7	,	,	PUNCT
cblr-1213	278	8	https://www.virtus.com/assets/files/1bo/8622b_assettrust_sai.pdf	https://www.virtus.com/assets/files/1bo/8622b_assettrust_sai.pdf	PROPN
cblr-1213	279	1	[	[	X
cblr-1213	279	2	perma.cc/g4ak-z8ng	perma.cc/g4ak-z8ng	X
cblr-1213	279	3	]	]	X
cblr-1213	279	4	(	(	PUNCT
cblr-1213	279	5	“	"	PUNCT
cblr-1213	279	6	each	each	DET
cblr-1213	279	7	portfolio	portfolio	NOUN
cblr-1213	279	8	manager	manager	NOUN
cblr-1213	279	9	’s	’s	PART
cblr-1213	279	10	bonus	bonus	NOUN
cblr-1213	279	11	may	may	AUX
cblr-1213	279	12	be	be	AUX
cblr-1213	279	13	structured	structure	VERB
cblr-1213	279	14	differently	differently	ADV
cblr-1213	279	15	but	but	CCONJ
cblr-1213	279	16	generally	generally	ADV
cblr-1213	279	17	incorporates	incorporate	VERB
cblr-1213	279	18	an	an	DET
cblr-1213	279	19	evaluation	evaluation	NOUN
cblr-1213	279	20	of	of	ADP
cblr-1213	279	21	the	the	DET
cblr-1213	279	22	fund	fund	NOUN
cblr-1213	279	23	’s	’s	PART
cblr-1213	279	24	investment	investment	NOUN
cblr-1213	279	25	performance	performance	NOUN
cblr-1213	279	26	as	as	ADV
cblr-1213	279	27	well	well	ADV
cblr-1213	279	28	as	as	ADP
cblr-1213	279	29	other	other	ADJ
cblr-1213	279	30	subjective	subjective	ADJ
cblr-1213	279	31	factors	factor	NOUN
cblr-1213	279	32	.	.	PUNCT
cblr-1213	279	33	”	"	PUNCT
cblr-1213	279	34	)	)	PUNCT
cblr-1213	279	35	.	.	PUNCT
cblr-1213	280	1	69	69	NUM
cblr-1213	280	2	sec	sec	PROPN
cblr-1213	280	3	.	.	PROPN
cblr-1213	280	4	&	&	CCONJ
cblr-1213	280	5	exch	exch	PROPN
cblr-1213	280	6	.	.	PUNCT
cblr-1213	281	1	comm'n	comm'n	X
cblr-1213	281	2	v.	v.	ADP
cblr-1213	281	3	capital	capital	NOUN
cblr-1213	281	4	gains	gain	NOUN
cblr-1213	281	5	research	research	PROPN
cblr-1213	281	6	bureau	bureau	PROPN
cblr-1213	281	7	,	,	PUNCT
cblr-1213	281	8	inc	inc	PROPN
cblr-1213	281	9	.	.	PROPN
cblr-1213	281	10	,	,	PUNCT
cblr-1213	281	11	375	375	NUM
cblr-1213	281	12	u.s	u.s	PROPN
cblr-1213	281	13	.	.	PROPN
cblr-1213	281	14	180	180	NUM
cblr-1213	281	15	,	,	PUNCT
cblr-1213	281	16	191	191	NUM
cblr-1213	281	17	(	(	PUNCT
cblr-1213	281	18	1963	1963	NUM
cblr-1213	281	19	)	)	PUNCT
cblr-1213	281	20	(	(	PUNCT
cblr-1213	281	21	“	"	PUNCT
cblr-1213	281	22	the	the	DET
cblr-1213	281	23	investment	investment	NOUN
cblr-1213	281	24	advisers	adviser	NOUN
cblr-1213	281	25	act	act	VERB
cblr-1213	281	26	of	of	ADP
cblr-1213	281	27	1940	1940	NUM
cblr-1213	281	28	thus	thus	ADV
cblr-1213	281	29	reflects	reflect	VERB
cblr-1213	281	30	a	a	DET
cblr-1213	281	31	congressional	congressional	ADJ
cblr-1213	281	32	recognition	recognition	NOUN
cblr-1213	281	33	‘	'	PUNCT
cblr-1213	281	34	of	of	ADP
cblr-1213	281	35	the	the	DET
cblr-1213	281	36	delicate	delicate	ADJ
cblr-1213	281	37	fiduciary	fiduciary	ADJ
cblr-1213	281	38	nature	nature	NOUN
cblr-1213	281	39	of	of	ADP
cblr-1213	281	40	an	an	DET
cblr-1213	281	41	investment	investment	NOUN
cblr-1213	281	42	advisory	advisory	NOUN
cblr-1213	281	43	relationship	relationship	NOUN
cblr-1213	281	44	,	,	PUNCT
cblr-1213	281	45	’	'	PUNCT
cblr-1213	281	46	as	as	ADV
cblr-1213	281	47	well	well	ADV
cblr-1213	281	48	as	as	ADP
cblr-1213	281	49	a	a	DET
cblr-1213	281	50	congressional	congressional	ADJ
cblr-1213	281	51	intent	intent	NOUN
cblr-1213	281	52	to	to	PART
cblr-1213	281	53	eliminate	eliminate	VERB
cblr-1213	281	54	,	,	PUNCT
cblr-1213	281	55	or	or	CCONJ
cblr-1213	281	56	at	at	ADP
cblr-1213	281	57	least	least	ADJ
cblr-1213	281	58	to	to	PART
cblr-1213	281	59	expose	expose	VERB
cblr-1213	281	60	,	,	PUNCT
cblr-1213	281	61	all	all	DET
cblr-1213	281	62	conflicts	conflict	NOUN
cblr-1213	281	63	of	of	ADP
cblr-1213	281	64	interest	interest	NOUN
cblr-1213	281	65	.	.	PUNCT
cblr-1213	281	66	.	.	PUNCT
cblr-1213	281	67	.	.	PUNCT
cblr-1213	281	68	.	.	PUNCT
cblr-1213	281	69	”	"	PUNCT
cblr-1213	281	70	)	)	PUNCT
cblr-1213	281	71	.	.	PUNCT
cblr-1213	282	1	70	70	NUM
cblr-1213	283	1	i	i	PRON
cblr-1213	283	2	d.	d.	PROPN
cblr-1213	283	3	at	at	ADP
cblr-1213	283	4	64	64	NUM
cblr-1213	283	5	.	.	PUNCT
cblr-1213	284	1	71	71	NUM
cblr-1213	285	1	i	i	PRON
cblr-1213	285	2	d.	d.	PROPN
cblr-1213	285	3	at	at	ADP
cblr-1213	285	4	e-7	e-7	PROPN
cblr-1213	285	5	;	;	PUNCT
cblr-1213	285	6	see	see	VERB
cblr-1213	285	7	also	also	ADV
cblr-1213	285	8	columbia	columbia	PROPN
cblr-1213	285	9	threadneedle	threadneedle	PROPN
cblr-1213	285	10	invs	invs	PROPN
cblr-1213	285	11	.	.	PROPN
cblr-1213	285	12	,	,	PUNCT
cblr-1213	285	13	fund	fund	NOUN
cblr-1213	285	14	charges	charge	NOUN
cblr-1213	285	15	and	and	CCONJ
cblr-1213	285	16	costs	cost	NOUN
cblr-1213	285	17	explained	explain	VERB
cblr-1213	285	18	,	,	PUNCT
cblr-1213	285	19	http://www.columbiathreadneedle.com/fees/fundcharges-and-costs-explained/	http://www.columbiathreadneedle.com/fees/fundcharges-and-costs-explained/	PUNCT
cblr-1213	285	20	[	[	X
cblr-1213	285	21	perma.cc/gw92-hh25	perma.cc/gw92-hh25	X
cblr-1213	285	22	]	]	X
cblr-1213	285	23	(	(	PUNCT
cblr-1213	285	24	providing	provide	VERB
cblr-1213	285	25	an	an	DET
cblr-1213	285	26	example	example	NOUN
cblr-1213	285	27	of	of	ADP
cblr-1213	285	28	dilution	dilution	NOUN
cblr-1213	285	29	adjustment	adjustment	NOUN
cblr-1213	285	30	transaction	transaction	NOUN
cblr-1213	285	31	costs	cost	NOUN
cblr-1213	285	32	)	)	PUNCT
cblr-1213	285	33	.	.	PUNCT
cblr-1213	286	1	72	72	NUM
cblr-1213	286	2	see	see	VERB
cblr-1213	286	3	dilution	dilution	NOUN
cblr-1213	286	4	levy	levy	NOUN
cblr-1213	286	5	,	,	PUNCT
cblr-1213	286	6	somerset	somerset	PROPN
cblr-1213	286	7	capital	capital	PROPN
cblr-1213	286	8	mgmt	mgmt	PROPN
cblr-1213	286	9	.	.	PROPN
cblr-1213	286	10	,	,	PUNCT
cblr-1213	286	11	http://somersetcm.com/investment-approach/dilution-levy/	http://somersetcm.com/investment-approach/dilution-levy/	PROPN
cblr-1213	287	1	[	[	X
cblr-1213	287	2	perma.cc/e23a-xxry	perma.cc/e23a-xxry	X
cblr-1213	287	3	]	]	X
cblr-1213	287	4	(	(	PUNCT
cblr-1213	287	5	describing	describe	VERB
cblr-1213	287	6	a	a	DET
cblr-1213	287	7	dilution	dilution	NOUN
cblr-1213	287	8	levy	levy	NOUN
cblr-1213	287	9	event	event	NOUN
cblr-1213	287	10	in	in	ADP
cblr-1213	287	11	june	june	PROPN
cblr-1213	287	12	2014	2014	NUM
cblr-1213	287	13	)	)	PUNCT
cblr-1213	287	14	.	.	PUNCT
cblr-1213	288	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	288	2	148	148	NUM
cblr-1213	288	3	columbia	columbia	PROPN
cblr-1213	288	4	business	business	NOUN
cblr-1213	288	5	law	law	PROPN
cblr-1213	288	6	review	review	NOUN
cblr-1213	288	7	[	[	X
cblr-1213	288	8	vol	vol	NOUN
cblr-1213	288	9	.	.	PUNCT
cblr-1213	288	10	2018	2018	NUM
cblr-1213	288	11	iii	iii	PROPN
cblr-1213	288	12	.	.	PUNCT
cblr-1213	288	13	swing	swing	NOUN
cblr-1213	288	14	pricing	pricing	NOUN
cblr-1213	288	15	a.	a.	NOUN
cblr-1213	288	16	swing	swing	NOUN
cblr-1213	288	17	pricing	pricing	NOUN
cblr-1213	288	18	overview	overview	NOUN
cblr-1213	288	19	swing	swing	NOUN
cblr-1213	288	20	pricing	pricing	NOUN
cblr-1213	288	21	is	be	AUX
cblr-1213	288	22	a	a	DET
cblr-1213	288	23	process	process	NOUN
cblr-1213	288	24	by	by	ADP
cblr-1213	288	25	which	which	PRON
cblr-1213	288	26	a	a	DET
cblr-1213	288	27	mutual	mutual	ADJ
cblr-1213	288	28	fund	fund	NOUN
cblr-1213	288	29	adjusts	adjust	VERB
cblr-1213	288	30	its	its	PRON
cblr-1213	288	31	daily	daily	ADJ
cblr-1213	288	32	nav	nav	NOUN
cblr-1213	288	33	in	in	ADP
cblr-1213	288	34	an	an	DET
cblr-1213	288	35	attempt	attempt	NOUN
cblr-1213	288	36	to	to	PART
cblr-1213	288	37	impose	impose	VERB
cblr-1213	288	38	transaction	transaction	NOUN
cblr-1213	288	39	costs	cost	NOUN
cblr-1213	288	40	on	on	ADP
cblr-1213	288	41	the	the	DET
cblr-1213	288	42	shareholders	shareholder	NOUN
cblr-1213	288	43	initiating	initiate	VERB
cblr-1213	288	44	the	the	DET
cblr-1213	288	45	expense	expense	NOUN
cblr-1213	288	46	-	-	PUNCT
cblr-1213	288	47	generating	generating	NOUN
cblr-1213	288	48	activity.73	activity.73	NOUN
cblr-1213	288	49	a	a	DET
cblr-1213	288	50	fund	fund	NOUN
cblr-1213	288	51	incurs	incur	VERB
cblr-1213	288	52	transaction	transaction	NOUN
cblr-1213	288	53	costs	cost	NOUN
cblr-1213	288	54	when	when	SCONJ
cblr-1213	288	55	a	a	DET
cblr-1213	288	56	shareholder	shareholder	NOUN
cblr-1213	288	57	redeems	redeem	VERB
cblr-1213	288	58	shares	share	NOUN
cblr-1213	288	59	,	,	PUNCT
cblr-1213	288	60	for	for	ADP
cblr-1213	288	61	example	example	NOUN
cblr-1213	288	62	,	,	PUNCT
cblr-1213	288	63	and	and	CCONJ
cblr-1213	288	64	,	,	PUNCT
cblr-1213	288	65	as	as	ADP
cblr-1213	288	66	a	a	DET
cblr-1213	288	67	result	result	NOUN
cblr-1213	288	68	,	,	PUNCT
cblr-1213	288	69	the	the	DET
cblr-1213	288	70	fund	fund	NOUN
cblr-1213	288	71	must	must	AUX
cblr-1213	288	72	sell	sell	VERB
cblr-1213	288	73	portfolio	portfolio	NOUN
cblr-1213	288	74	securities	security	NOUN
cblr-1213	288	75	to	to	PART
cblr-1213	288	76	raise	raise	VERB
cblr-1213	288	77	cash	cash	NOUN
cblr-1213	288	78	to	to	PART
cblr-1213	288	79	meet	meet	VERB
cblr-1213	288	80	the	the	DET
cblr-1213	288	81	redemption	redemption	NOUN
cblr-1213	288	82	order	order	NOUN
cblr-1213	288	83	.	.	PUNCT
cblr-1213	289	1	similarly	similarly	ADV
cblr-1213	289	2	,	,	PUNCT
cblr-1213	289	3	a	a	DET
cblr-1213	289	4	large	large	ADJ
cblr-1213	289	5	shareholder	shareholder	NOUN
cblr-1213	289	6	purchase	purchase	NOUN
cblr-1213	289	7	into	into	ADP
cblr-1213	289	8	the	the	DET
cblr-1213	289	9	fund	fund	NOUN
cblr-1213	289	10	will	will	AUX
cblr-1213	289	11	prompt	prompt	VERB
cblr-1213	289	12	the	the	DET
cblr-1213	289	13	fund	fund	NOUN
cblr-1213	289	14	manager	manager	NOUN
cblr-1213	289	15	to	to	PART
cblr-1213	289	16	purchase	purchase	VERB
cblr-1213	289	17	securities	security	NOUN
cblr-1213	289	18	aligned	align	VERB
cblr-1213	289	19	with	with	ADP
cblr-1213	289	20	its	its	PRON
cblr-1213	289	21	investment	investment	NOUN
cblr-1213	289	22	strategy	strategy	NOUN
cblr-1213	289	23	,	,	PUNCT
cblr-1213	289	24	again	again	ADV
cblr-1213	289	25	incurring	incur	VERB
cblr-1213	289	26	certain	certain	ADJ
cblr-1213	289	27	transaction	transaction	NOUN
cblr-1213	289	28	costs	cost	NOUN
cblr-1213	289	29	.	.	PUNCT
cblr-1213	290	1	portfolio	portfolio	NOUN
cblr-1213	290	2	managers	manager	NOUN
cblr-1213	290	3	are	be	AUX
cblr-1213	290	4	typically	typically	ADV
cblr-1213	290	5	more	more	ADV
cblr-1213	290	6	concerned	concerned	ADJ
cblr-1213	290	7	with	with	ADP
cblr-1213	290	8	large	large	ADJ
cblr-1213	290	9	redemptions	redemption	NOUN
cblr-1213	290	10	than	than	ADP
cblr-1213	290	11	purchases	purchase	NOUN
cblr-1213	290	12	,	,	PUNCT
cblr-1213	290	13	because	because	SCONJ
cblr-1213	290	14	purchases	purchase	NOUN
cblr-1213	290	15	present	present	VERB
cblr-1213	290	16	less	less	ADJ
cblr-1213	290	17	urgency	urgency	NOUN
cblr-1213	290	18	to	to	PART
cblr-1213	290	19	take	take	VERB
cblr-1213	290	20	action	action	NOUN
cblr-1213	290	21	;	;	PUNCT
cblr-1213	290	22	a	a	DET
cblr-1213	290	23	fund	fund	NOUN
cblr-1213	290	24	can	can	AUX
cblr-1213	290	25	maintain	maintain	VERB
cblr-1213	290	26	a	a	DET
cblr-1213	290	27	cash	cash	NOUN
cblr-1213	290	28	position	position	NOUN
cblr-1213	290	29	and	and	CCONJ
cblr-1213	290	30	wait	wait	VERB
cblr-1213	290	31	for	for	ADP
cblr-1213	290	32	an	an	DET
cblr-1213	290	33	opportune	opportune	ADJ
cblr-1213	290	34	time	time	NOUN
cblr-1213	290	35	to	to	PART
cblr-1213	290	36	purchase	purchase	VERB
cblr-1213	290	37	securities	security	NOUN
cblr-1213	290	38	.	.	PUNCT
cblr-1213	291	1	expenses	expense	NOUN
cblr-1213	291	2	include	include	VERB
cblr-1213	291	3	transaction	transaction	NOUN
cblr-1213	291	4	fees	fee	NOUN
cblr-1213	291	5	and	and	CCONJ
cblr-1213	291	6	charges	charge	NOUN
cblr-1213	291	7	—	—	PUNCT
cblr-1213	291	8	e.g.	e.g.	ADV
cblr-1213	291	9	,	,	PUNCT
cblr-1213	291	10	commissions	commission	NOUN
cblr-1213	291	11	,	,	PUNCT
cblr-1213	291	12	custody	custody	NOUN
cblr-1213	291	13	fees	fee	NOUN
cblr-1213	291	14	,	,	PUNCT
cblr-1213	291	15	transfer	transfer	NOUN
cblr-1213	291	16	taxes	taxis	NOUN
cblr-1213	291	17	,	,	PUNCT
cblr-1213	291	18	or	or	CCONJ
cblr-1213	291	19	repatriation	repatriation	NOUN
cblr-1213	291	20	costs74	costs74	NOUN
cblr-1213	291	21	—	—	PUNCT
cblr-1213	291	22	as	as	ADV
cblr-1213	291	23	well	well	ADV
cblr-1213	291	24	as	as	ADP
cblr-1213	291	25	costs	cost	NOUN
cblr-1213	291	26	such	such	ADJ
cblr-1213	291	27	as	as	ADP
cblr-1213	291	28	market	market	NOUN
cblr-1213	291	29	impact	impact	NOUN
cblr-1213	291	30	and	and	CCONJ
cblr-1213	291	31	spread	spread	VERB
cblr-1213	291	32	costs	cost	NOUN
cblr-1213	291	33	arising	arise	VERB
cblr-1213	291	34	from	from	ADP
cblr-1213	291	35	purchases	purchase	NOUN
cblr-1213	291	36	or	or	CCONJ
cblr-1213	291	37	redemptions.75	redemptions.75	NOUN
cblr-1213	291	38	attributing	attribute	VERB
cblr-1213	291	39	expenses	expense	NOUN
cblr-1213	291	40	to	to	ADP
cblr-1213	291	41	the	the	DET
cblr-1213	291	42	triggering	triggering	NOUN
cblr-1213	291	43	,	,	PUNCT
cblr-1213	291	44	and	and	CCONJ
cblr-1213	291	45	mobilized	mobilize	VERB
cblr-1213	291	46	,	,	PUNCT
cblr-1213	291	47	shareholder	shareholder	NOUN
cblr-1213	291	48	protects	protect	VERB
cblr-1213	291	49	the	the	DET
cblr-1213	291	50	existing	exist	VERB
cblr-1213	291	51	,	,	PUNCT
cblr-1213	291	52	and	and	CCONJ
cblr-1213	291	53	sedentary	sedentary	ADJ
cblr-1213	291	54	,	,	PUNCT
cblr-1213	291	55	shareholders	shareholder	NOUN
cblr-1213	291	56	from	from	ADP
cblr-1213	291	57	incurring	incur	VERB
cblr-1213	291	58	the	the	DET
cblr-1213	291	59	expense	expense	NOUN
cblr-1213	291	60	and	and	CCONJ
cblr-1213	291	61	thereby	thereby	ADV
cblr-1213	291	62	diluting	dilute	VERB
cblr-1213	291	63	their	their	PRON
cblr-1213	291	64	shares.76	shares.76	NOUN
cblr-1213	291	65	simply	simply	ADV
cblr-1213	291	66	stated	state	VERB
cblr-1213	291	67	,	,	PUNCT
cblr-1213	291	68	a	a	DET
cblr-1213	291	69	fund	fund	NOUN
cblr-1213	291	70	’s	’s	PART
cblr-1213	291	71	nav	nav	NOUN
cblr-1213	291	72	could	could	AUX
cblr-1213	291	73	be	be	AUX
cblr-1213	291	74	adjusted	adjust	VERB
cblr-1213	291	75	up	up	ADP
cblr-1213	291	76	in	in	ADP
cblr-1213	291	77	the	the	DET
cblr-1213	291	78	event	event	NOUN
cblr-1213	291	79	of	of	ADP
cblr-1213	291	80	a	a	DET
cblr-1213	291	81	large	large	ADJ
cblr-1213	291	82	purchase	purchase	NOUN
cblr-1213	291	83	,	,	PUNCT
cblr-1213	291	84	and	and	CCONJ
cblr-1213	291	85	adjusted	adjust	VERB
cblr-1213	291	86	down	down	ADP
cblr-1213	291	87	in	in	ADP
cblr-1213	291	88	the	the	DET
cblr-1213	291	89	event	event	NOUN
cblr-1213	291	90	of	of	ADP
cblr-1213	291	91	a	a	DET
cblr-1213	291	92	large	large	ADJ
cblr-1213	291	93	redemption.77	redemption.77	NOUN
cblr-1213	291	94	a	a	DET
cblr-1213	291	95	mutual	mutual	ADJ
cblr-1213	291	96	fund	fund	NOUN
cblr-1213	291	97	can	can	AUX
cblr-1213	291	98	shield	shield	VERB
cblr-1213	291	99	its	its	PRON
cblr-1213	291	100	investors	investor	NOUN
cblr-1213	291	101	from	from	ADP
cblr-1213	291	102	market	market	NOUN
cblr-1213	291	103	impact	impact	NOUN
cblr-1213	291	104	by	by	ADP
cblr-1213	291	105	utilizing	utilize	VERB
cblr-1213	291	106	swing	swing	NOUN
cblr-1213	291	107	pricing	pricing	NOUN
cblr-1213	291	108	.	.	PUNCT
cblr-1213	292	1	a	a	DET
cblr-1213	292	2	mutual	mutual	ADJ
cblr-1213	292	3	fund	fund	NOUN
cblr-1213	292	4	confronts	confront	VERB
cblr-1213	292	5	market	market	NOUN
cblr-1213	292	6	impact	impact	NOUN
cblr-1213	292	7	when	when	SCONJ
cblr-1213	292	8	it	it	PRON
cblr-1213	292	9	must	must	AUX
cblr-1213	292	10	sell	sell	VERB
cblr-1213	292	11	securities	security	NOUN
cblr-1213	292	12	at	at	ADP
cblr-1213	292	13	a	a	DET
cblr-1213	292	14	lower	low	ADJ
cblr-1213	292	15	price	price	NOUN
cblr-1213	292	16	than	than	SCONJ
cblr-1213	292	17	it	it	PRON
cblr-1213	292	18	73	73	NUM
cblr-1213	292	19	see	see	VERB
cblr-1213	292	20	swing	swing	NOUN
cblr-1213	292	21	pricing	price	VERB
cblr-1213	292	22	first	first	ADJ
cblr-1213	292	23	proposal	proposal	NOUN
cblr-1213	292	24	,	,	PUNCT
cblr-1213	292	25	supra	supra	PROPN
cblr-1213	292	26	note	note	NOUN
cblr-1213	292	27	4	4	NUM
cblr-1213	292	28	,	,	PUNCT
cblr-1213	292	29	at	at	ADP
cblr-1213	292	30	62276	62276	NUM
cblr-1213	292	31	(	(	PUNCT
cblr-1213	292	32	defining	define	VERB
cblr-1213	292	33	swing	swing	NOUN
cblr-1213	292	34	pricing	pricing	NOUN
cblr-1213	292	35	)	)	PUNCT
cblr-1213	292	36	.	.	PUNCT
cblr-1213	293	1	74	74	NUM
cblr-1213	293	2	swing	swing	NOUN
cblr-1213	293	3	pricing	price	VERB
cblr-1213	293	4	first	first	ADJ
cblr-1213	293	5	proposal	proposal	NOUN
cblr-1213	293	6	,	,	PUNCT
cblr-1213	293	7	supra	supra	PROPN
cblr-1213	293	8	note	note	NOUN
cblr-1213	293	9	4	4	NUM
cblr-1213	293	10	,	,	PUNCT
cblr-1213	293	11	at	at	ADP
cblr-1213	293	12	62337	62337	NUM
cblr-1213	293	13	;	;	PUNCT
cblr-1213	293	14	see	see	VERB
cblr-1213	293	15	also	also	ADV
cblr-1213	293	16	final	final	ADJ
cblr-1213	293	17	rules	rule	NOUN
cblr-1213	293	18	,	,	PUNCT
cblr-1213	293	19	supra	supra	PROPN
cblr-1213	293	20	note	note	NOUN
cblr-1213	293	21	4	4	NUM
cblr-1213	293	22	,	,	PUNCT
cblr-1213	293	23	at	at	ADP
cblr-1213	293	24	82105	82105	NUM
cblr-1213	293	25	(	(	PUNCT
cblr-1213	293	26	discussing	discuss	VERB
cblr-1213	293	27	transaction	transaction	NOUN
cblr-1213	293	28	costs	cost	NOUN
cblr-1213	293	29	)	)	PUNCT
cblr-1213	293	30	.	.	PUNCT
cblr-1213	294	1	75	75	NUM
cblr-1213	294	2	swing	swing	NOUN
cblr-1213	294	3	pricing	price	VERB
cblr-1213	294	4	first	first	ADJ
cblr-1213	294	5	proposal	proposal	NOUN
cblr-1213	294	6	,	,	PUNCT
cblr-1213	294	7	supra	supra	PROPN
cblr-1213	294	8	note	note	NOUN
cblr-1213	294	9	4	4	NUM
cblr-1213	294	10	,	,	PUNCT
cblr-1213	294	11	at	at	ADP
cblr-1213	294	12	62337	62337	NUM
cblr-1213	294	13	;	;	PUNCT
cblr-1213	294	14	see	see	VERB
cblr-1213	294	15	also	also	ADV
cblr-1213	294	16	final	final	ADJ
cblr-1213	294	17	rules	rule	NOUN
cblr-1213	294	18	,	,	PUNCT
cblr-1213	294	19	supra	supra	PROPN
cblr-1213	294	20	note	note	NOUN
cblr-1213	294	21	4	4	NUM
cblr-1213	294	22	,	,	PUNCT
cblr-1213	294	23	at	at	ADP
cblr-1213	294	24	82105	82105	NUM
cblr-1213	294	25	(	(	PUNCT
cblr-1213	294	26	discussing	discuss	VERB
cblr-1213	294	27	redemptions	redemption	NOUN
cblr-1213	294	28	)	)	PUNCT
cblr-1213	294	29	.	.	PUNCT
cblr-1213	295	1	76	76	NUM
cblr-1213	295	2	swing	swing	NOUN
cblr-1213	295	3	pricing	price	VERB
cblr-1213	295	4	first	first	ADJ
cblr-1213	295	5	proposal	proposal	NOUN
cblr-1213	295	6	,	,	PUNCT
cblr-1213	295	7	supra	supra	PROPN
cblr-1213	295	8	note	note	NOUN
cblr-1213	295	9	4	4	NUM
cblr-1213	295	10	,	,	PUNCT
cblr-1213	295	11	at	at	ADP
cblr-1213	295	12	62329	62329	NUM
cblr-1213	295	13	;	;	PUNCT
cblr-1213	295	14	see	see	VERB
cblr-1213	295	15	also	also	ADV
cblr-1213	295	16	final	final	ADJ
cblr-1213	295	17	rules	rule	NOUN
cblr-1213	295	18	,	,	PUNCT
cblr-1213	295	19	supra	supra	PROPN
cblr-1213	295	20	note	note	NOUN
cblr-1213	295	21	4	4	NUM
cblr-1213	295	22	,	,	PUNCT
cblr-1213	295	23	at	at	ADP
cblr-1213	295	24	82094	82094	NUM
cblr-1213	295	25	(	(	PUNCT
cblr-1213	295	26	discussing	discuss	VERB
cblr-1213	295	27	dilution	dilution	NOUN
cblr-1213	295	28	)	)	PUNCT
cblr-1213	295	29	.	.	PUNCT
cblr-1213	296	1	77	77	NUM
cblr-1213	296	2	swing	swing	NOUN
cblr-1213	296	3	pricing	price	VERB
cblr-1213	296	4	first	first	ADJ
cblr-1213	296	5	proposal	proposal	NOUN
cblr-1213	296	6	,	,	PUNCT
cblr-1213	296	7	supra	supra	PROPN
cblr-1213	296	8	note	note	NOUN
cblr-1213	296	9	4	4	NUM
cblr-1213	296	10	,	,	PUNCT
cblr-1213	296	11	at	at	ADP
cblr-1213	296	12	62329	62329	NUM
cblr-1213	296	13	;	;	PUNCT
cblr-1213	296	14	see	see	VERB
cblr-1213	296	15	also	also	ADV
cblr-1213	296	16	final	final	ADJ
cblr-1213	296	17	rules	rule	NOUN
cblr-1213	296	18	,	,	PUNCT
cblr-1213	296	19	supra	supra	PROPN
cblr-1213	296	20	note	note	NOUN
cblr-1213	296	21	4	4	NUM
cblr-1213	296	22	,	,	PUNCT
cblr-1213	296	23	at	at	ADP
cblr-1213	296	24	82094	82094	NUM
cblr-1213	296	25	(	(	PUNCT
cblr-1213	296	26	discussing	discuss	VERB
cblr-1213	296	27	price	price	NOUN
cblr-1213	296	28	adjustments	adjustment	NOUN
cblr-1213	296	29	)	)	PUNCT
cblr-1213	296	30	.	.	PUNCT
cblr-1213	297	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	298	1	no	no	INTJ
cblr-1213	298	2	.	.	PUNCT
cblr-1213	299	1	1:130	1:130	NUM
cblr-1213	299	2	]	]	X
cblr-1213	299	3	will	will	AUX
cblr-1213	299	4	swing	swing	VERB
cblr-1213	299	5	pricing	pricing	NOUN
cblr-1213	299	6	save	save	VERB
cblr-1213	299	7	sedentary	sedentary	ADJ
cblr-1213	299	8	shareholders	shareholder	NOUN
cblr-1213	299	9	?	?	PUNCT
cblr-1213	300	1	149	149	NUM
cblr-1213	300	2	would	would	AUX
cblr-1213	300	3	have	have	VERB
cblr-1213	300	4	if	if	SCONJ
cblr-1213	300	5	given	give	VERB
cblr-1213	300	6	more	more	ADJ
cblr-1213	300	7	time	time	NOUN
cblr-1213	300	8	to	to	PART
cblr-1213	300	9	sell.78	sell.78	NOUN
cblr-1213	300	10	at	at	ADP
cblr-1213	300	11	times	time	NOUN
cblr-1213	300	12	,	,	PUNCT
cblr-1213	300	13	a	a	DET
cblr-1213	300	14	fund	fund	NOUN
cblr-1213	300	15	may	may	AUX
cblr-1213	300	16	be	be	AUX
cblr-1213	300	17	compelled	compel	VERB
cblr-1213	300	18	to	to	PART
cblr-1213	300	19	sell	sell	VERB
cblr-1213	300	20	a	a	DET
cblr-1213	300	21	less	less	ADV
cblr-1213	300	22	liquid	liquid	ADJ
cblr-1213	300	23	security	security	NOUN
cblr-1213	300	24	,	,	PUNCT
cblr-1213	300	25	or	or	CCONJ
cblr-1213	300	26	a	a	DET
cblr-1213	300	27	smaller	small	ADJ
cblr-1213	300	28	market	market	NOUN
cblr-1213	300	29	security	security	NOUN
cblr-1213	300	30	where	where	SCONJ
cblr-1213	300	31	a	a	DET
cblr-1213	300	32	large	large	ADJ
cblr-1213	300	33	sale	sale	NOUN
cblr-1213	300	34	would	would	AUX
cblr-1213	300	35	depress	depress	VERB
cblr-1213	300	36	the	the	DET
cblr-1213	300	37	price	price	NOUN
cblr-1213	300	38	,	,	PUNCT
cblr-1213	300	39	in	in	ADP
cblr-1213	300	40	order	order	NOUN
cblr-1213	300	41	to	to	PART
cblr-1213	300	42	meet	meet	VERB
cblr-1213	300	43	a	a	DET
cblr-1213	300	44	redemption.79	redemption.79	NOUN
cblr-1213	300	45	shareholder	shareholder	NOUN
cblr-1213	300	46	inequity	inequity	NOUN
cblr-1213	300	47	may	may	AUX
cblr-1213	300	48	motivate	motivate	VERB
cblr-1213	300	49	swing	swing	NOUN
cblr-1213	300	50	pricing	pricing	NOUN
cblr-1213	300	51	implementation	implementation	NOUN
cblr-1213	300	52	.	.	PUNCT
cblr-1213	301	1	when	when	SCONJ
cblr-1213	301	2	costs	cost	NOUN
cblr-1213	301	3	diminish	diminish	VERB
cblr-1213	301	4	a	a	DET
cblr-1213	301	5	fund	fund	NOUN
cblr-1213	301	6	’s	’s	PART
cblr-1213	301	7	nav	nav	NOUN
cblr-1213	301	8	,	,	PUNCT
cblr-1213	301	9	shareholders	shareholder	NOUN
cblr-1213	301	10	who	who	PRON
cblr-1213	301	11	remain	remain	VERB
cblr-1213	301	12	in	in	ADP
cblr-1213	301	13	the	the	DET
cblr-1213	301	14	fund	fund	NOUN
cblr-1213	301	15	hold	hold	VERB
cblr-1213	301	16	a	a	DET
cblr-1213	301	17	portfolio	portfolio	NOUN
cblr-1213	301	18	with	with	ADP
cblr-1213	301	19	fewer	few	ADJ
cblr-1213	301	20	reflected	reflected	ADJ
cblr-1213	301	21	assets	asset	NOUN
cblr-1213	301	22	.	.	PUNCT
cblr-1213	302	1	any	any	DET
cblr-1213	302	2	shareholder	shareholder	NOUN
cblr-1213	302	3	who	who	PRON
cblr-1213	302	4	redeems	redeem	VERB
cblr-1213	302	5	the	the	DET
cblr-1213	302	6	following	following	ADJ
cblr-1213	302	7	day	day	NOUN
cblr-1213	302	8	(	(	PUNCT
cblr-1213	302	9	or	or	CCONJ
cblr-1213	302	10	later	later	ADV
cblr-1213	302	11	)	)	PUNCT
cblr-1213	302	12	will	will	AUX
cblr-1213	302	13	do	do	VERB
cblr-1213	302	14	so	so	ADV
cblr-1213	302	15	at	at	ADP
cblr-1213	302	16	a	a	DET
cblr-1213	302	17	lower	low	ADJ
cblr-1213	302	18	redemption	redemption	NOUN
cblr-1213	302	19	price,80	price,80	NOUN
cblr-1213	302	20	harming	harm	VERB
cblr-1213	302	21	existing	exist	VERB
cblr-1213	302	22	fund	fund	NOUN
cblr-1213	302	23	shareholders	shareholder	NOUN
cblr-1213	302	24	.	.	PUNCT
cblr-1213	303	1	conversely	conversely	ADV
cblr-1213	303	2	,	,	PUNCT
cblr-1213	303	3	the	the	DET
cblr-1213	303	4	diminished	diminished	ADJ
cblr-1213	303	5	nav	nav	PROPN
cblr-1213	303	6	benefits	benefit	VERB
cblr-1213	303	7	an	an	DET
cblr-1213	303	8	entering	enter	VERB
cblr-1213	303	9	fund	fund	NOUN
cblr-1213	303	10	shareholder	shareholder	NOUN
cblr-1213	303	11	who	who	PRON
cblr-1213	303	12	is	be	AUX
cblr-1213	303	13	able	able	ADJ
cblr-1213	303	14	to	to	PART
cblr-1213	303	15	purchase	purchase	VERB
cblr-1213	303	16	more	more	ADJ
cblr-1213	303	17	shares	share	NOUN
cblr-1213	303	18	at	at	ADP
cblr-1213	303	19	an	an	DET
cblr-1213	303	20	artificially	artificially	ADV
cblr-1213	303	21	lower	low	ADJ
cblr-1213	303	22	price.81	price.81	NOUN
cblr-1213	303	23	swing	swing	NOUN
cblr-1213	303	24	pricing	pricing	NOUN
cblr-1213	303	25	,	,	PUNCT
cblr-1213	303	26	if	if	SCONJ
cblr-1213	303	27	applied	apply	VERB
cblr-1213	303	28	in	in	ADP
cblr-1213	303	29	this	this	DET
cblr-1213	303	30	situation	situation	NOUN
cblr-1213	303	31	,	,	PUNCT
cblr-1213	303	32	would	would	AUX
cblr-1213	303	33	cause	cause	VERB
cblr-1213	303	34	a	a	DET
cblr-1213	303	35	downward	downward	ADJ
cblr-1213	303	36	adjustment	adjustment	NOUN
cblr-1213	303	37	to	to	ADP
cblr-1213	303	38	the	the	DET
cblr-1213	303	39	nav	nav	NOUN
cblr-1213	303	40	,	,	PUNCT
cblr-1213	303	41	externalizing	externalize	VERB
cblr-1213	303	42	the	the	DET
cblr-1213	303	43	transaction	transaction	NOUN
cblr-1213	303	44	costs	cost	NOUN
cblr-1213	303	45	(	(	PUNCT
cblr-1213	303	46	from	from	ADP
cblr-1213	303	47	the	the	DET
cblr-1213	303	48	perspective	perspective	NOUN
cblr-1213	303	49	of	of	ADP
cblr-1213	303	50	the	the	DET
cblr-1213	303	51	fund	fund	NOUN
cblr-1213	303	52	and	and	CCONJ
cblr-1213	303	53	remaining	remain	VERB
cblr-1213	303	54	shareholders	shareholder	NOUN
cblr-1213	303	55	)	)	PUNCT
cblr-1213	303	56	and	and	CCONJ
cblr-1213	303	57	allocating	allocate	VERB
cblr-1213	303	58	it	it	PRON
cblr-1213	303	59	to	to	ADP
cblr-1213	303	60	the	the	DET
cblr-1213	303	61	redeeming	redeem	VERB
cblr-1213	303	62	(	(	PUNCT
cblr-1213	303	63	exiting	exiting	NOUN
cblr-1213	303	64	)	)	PUNCT
cblr-1213	303	65	shareholder	shareholder	NOUN
cblr-1213	303	66	.	.	PUNCT
cblr-1213	304	1	swing	swing	NOUN
cblr-1213	304	2	pricing	pricing	NOUN
cblr-1213	304	3	smooths	smooth	VERB
cblr-1213	304	4	nav	nav	PROPN
cblr-1213	304	5	fluctuation	fluctuation	NOUN
cblr-1213	304	6	and	and	CCONJ
cblr-1213	304	7	price	price	NOUN
cblr-1213	304	8	impacts	impact	NOUN
cblr-1213	304	9	after	after	ADP
cblr-1213	304	10	large	large	ADJ
cblr-1213	304	11	shareholder	shareholder	NOUN
cblr-1213	304	12	transactions	transaction	NOUN
cblr-1213	304	13	,	,	PUNCT
cblr-1213	304	14	thereby	thereby	ADV
cblr-1213	304	15	supporting	support	VERB
cblr-1213	304	16	more	more	ADV
cblr-1213	304	17	consistent	consistent	ADJ
cblr-1213	304	18	fund	fund	NOUN
cblr-1213	304	19	performance	performance	NOUN
cblr-1213	304	20	and	and	CCONJ
cblr-1213	304	21	diminishing	diminish	VERB
cblr-1213	304	22	the	the	DET
cblr-1213	304	23	negative	negative	ADJ
cblr-1213	304	24	impact	impact	NOUN
cblr-1213	304	25	to	to	ADP
cblr-1213	304	26	,	,	PUNCT
cblr-1213	304	27	and	and	CCONJ
cblr-1213	304	28	unequal	unequal	ADJ
cblr-1213	304	29	treatment	treatment	NOUN
cblr-1213	304	30	of	of	ADP
cblr-1213	304	31	,	,	PUNCT
cblr-1213	304	32	remaining	remain	VERB
cblr-1213	304	33	shareholders.82	shareholders.82	PROPN
cblr-1213	304	34	b.	b.	PROPN
cblr-1213	304	35	international	international	ADJ
cblr-1213	304	36	perspectives	perspective	NOUN
cblr-1213	304	37	on	on	ADP
cblr-1213	304	38	swing	swing	NOUN
cblr-1213	304	39	pricing	pricing	NOUN
cblr-1213	304	40	while	while	SCONJ
cblr-1213	304	41	swing	swing	NOUN
cblr-1213	304	42	pricing	pricing	NOUN
cblr-1213	304	43	rules	rule	NOUN
cblr-1213	304	44	are	be	AUX
cblr-1213	304	45	new	new	ADJ
cblr-1213	304	46	to	to	ADP
cblr-1213	304	47	u.s	u.s	PROPN
cblr-1213	304	48	.	.	PROPN
cblr-1213	304	49	markets	market	NOUN
cblr-1213	304	50	,	,	PUNCT
cblr-1213	304	51	they	they	PRON
cblr-1213	304	52	reflect	reflect	VERB
cblr-1213	304	53	established	establish	VERB
cblr-1213	304	54	mutual	mutual	ADJ
cblr-1213	304	55	fund	fund	NOUN
cblr-1213	304	56	practice	practice	NOUN
cblr-1213	304	57	trends	trend	NOUN
cblr-1213	304	58	in	in	ADP
cblr-1213	304	59	europe	europe	PROPN
cblr-1213	304	60	,	,	PUNCT
cblr-1213	304	61	with	with	ADP
cblr-1213	304	62	asset	asset	NOUN
cblr-1213	304	63	managers	manager	NOUN
cblr-1213	304	64	based	base	VERB
cblr-1213	304	65	in	in	ADP
cblr-1213	304	66	in	in	ADP
cblr-1213	304	67	the	the	DET
cblr-1213	304	68	united	united	ADJ
cblr-1213	304	69	kingdom	kingdom	PROPN
cblr-1213	304	70	(	(	PUNCT
cblr-1213	304	71	the	the	DET
cblr-1213	304	72	“	"	PUNCT
cblr-1213	304	73	uk	uk	PROPN
cblr-1213	304	74	”	"	PUNCT
cblr-1213	304	75	)	)	PUNCT
cblr-1213	304	76	,	,	PUNCT
cblr-1213	304	77	switzerland	switzerland	PROPN
cblr-1213	304	78	,	,	PUNCT
cblr-1213	304	79	and	and	CCONJ
cblr-1213	304	80	france	france	PROPN
cblr-1213	304	81	applying	apply	VERB
cblr-1213	304	82	swing	swing	NOUN
cblr-1213	304	83	pricing.83	pricing.83	ADJ
cblr-1213	304	84	78	78	NUM
cblr-1213	304	85	see	see	VERB
cblr-1213	304	86	discussion	discussion	NOUN
cblr-1213	304	87	supra	supra	PROPN
cblr-1213	304	88	section	section	PROPN
cblr-1213	304	89	ii.a	ii.a	PROPN
cblr-1213	304	90	.	.	PROPN
cblr-1213	305	1	79	79	NUM
cblr-1213	305	2	see	see	VERB
cblr-1213	305	3	discussion	discussion	NOUN
cblr-1213	305	4	supra	supra	PROPN
cblr-1213	305	5	section	section	PROPN
cblr-1213	305	6	iii.a	iii.a	PROPN
cblr-1213	305	7	.	.	PROPN
cblr-1213	306	1	80	80	NUM
cblr-1213	306	2	see	see	VERB
cblr-1213	306	3	discussion	discussion	NOUN
cblr-1213	306	4	supra	supra	PROPN
cblr-1213	306	5	section	section	PROPN
cblr-1213	306	6	ii.b	ii.b	PROPN
cblr-1213	306	7	.	.	PUNCT
cblr-1213	307	1	81	81	NUM
cblr-1213	307	2	such	such	DET
cblr-1213	307	3	a	a	DET
cblr-1213	307	4	significant	significant	ADJ
cblr-1213	307	5	nav	nav	NOUN
cblr-1213	307	6	deterioration	deterioration	NOUN
cblr-1213	307	7	opens	open	VERB
cblr-1213	307	8	opportunities	opportunity	NOUN
cblr-1213	307	9	for	for	ADP
cblr-1213	307	10	arbitrage	arbitrage	NOUN
cblr-1213	307	11	,	,	PUNCT
cblr-1213	307	12	particularly	particularly	ADV
cblr-1213	307	13	for	for	ADP
cblr-1213	307	14	large	large	ADJ
cblr-1213	307	15	institutional	institutional	ADJ
cblr-1213	307	16	shareholders	shareholder	NOUN
cblr-1213	307	17	who	who	PRON
cblr-1213	307	18	may	may	AUX
cblr-1213	307	19	have	have	VERB
cblr-1213	307	20	multiple	multiple	ADJ
cblr-1213	307	21	accounts	account	NOUN
cblr-1213	307	22	.	.	PUNCT
cblr-1213	308	1	utilizing	utilize	VERB
cblr-1213	308	2	multiple	multiple	ADJ
cblr-1213	308	3	accounts	account	NOUN
cblr-1213	308	4	to	to	PART
cblr-1213	308	5	conduct	conduct	VERB
cblr-1213	308	6	arbitrage	arbitrage	NOUN
cblr-1213	308	7	—	—	PUNCT
cblr-1213	308	8	i.e.	i.e.	X
cblr-1213	308	9	,	,	PUNCT
cblr-1213	308	10	the	the	DET
cblr-1213	308	11	selling	selling	NOUN
cblr-1213	308	12	out	out	ADP
cblr-1213	308	13	of	of	ADP
cblr-1213	308	14	one	one	NUM
cblr-1213	308	15	account	account	NOUN
cblr-1213	308	16	and	and	CCONJ
cblr-1213	308	17	purchasing	purchase	VERB
cblr-1213	308	18	in	in	ADP
cblr-1213	308	19	another	another	PRON
cblr-1213	308	20	at	at	ADP
cblr-1213	308	21	an	an	DET
cblr-1213	308	22	opportune	opportune	ADJ
cblr-1213	308	23	time	time	NOUN
cblr-1213	308	24	when	when	SCONJ
cblr-1213	308	25	the	the	DET
cblr-1213	308	26	nav	nav	NOUN
cblr-1213	308	27	is	be	AUX
cblr-1213	308	28	reduced	reduce	VERB
cblr-1213	308	29	significantly	significantly	ADV
cblr-1213	308	30	—	—	PUNCT
cblr-1213	308	31	permits	permit	VERB
cblr-1213	308	32	the	the	DET
cblr-1213	308	33	shareholder	shareholder	NOUN
cblr-1213	308	34	to	to	PART
cblr-1213	308	35	circumvent	circumvent	VERB
cblr-1213	308	36	a	a	DET
cblr-1213	308	37	fund	fund	NOUN
cblr-1213	308	38	’s	’s	PART
cblr-1213	308	39	short	short	ADJ
cblr-1213	308	40	-	-	PUNCT
cblr-1213	308	41	term	term	NOUN
cblr-1213	308	42	trading	trading	NOUN
cblr-1213	308	43	and	and	CCONJ
cblr-1213	308	44	market	market	NOUN
cblr-1213	308	45	-	-	PUNCT
cblr-1213	308	46	timing	timing	NOUN
cblr-1213	308	47	monitoring	monitoring	NOUN
cblr-1213	308	48	process	process	NOUN
cblr-1213	308	49	.	.	PUNCT
cblr-1213	309	1	82	82	NUM
cblr-1213	309	2	final	final	ADJ
cblr-1213	309	3	rules	rule	NOUN
cblr-1213	309	4	,	,	PUNCT
cblr-1213	309	5	supra	supra	PROPN
cblr-1213	309	6	note	note	NOUN
cblr-1213	309	7	4	4	NUM
cblr-1213	309	8	,	,	PUNCT
cblr-1213	309	9	at	at	ADP
cblr-1213	309	10	82130	82130	NUM
cblr-1213	309	11	.	.	PUNCT
cblr-1213	310	1	83	83	NUM
cblr-1213	310	2	christine	christine	PROPN
cblr-1213	310	3	cusatis	cusatis	PROPN
cblr-1213	310	4	,	,	PUNCT
cblr-1213	310	5	swing	swing	NOUN
cblr-1213	310	6	pricing	price	VERB
cblr-1213	310	7	101	101	NUM
cblr-1213	310	8	,	,	PUNCT
cblr-1213	310	9	at	at	ADP
cblr-1213	310	10	3	3	NUM
cblr-1213	310	11	(	(	PUNCT
cblr-1213	310	12	2016	2016	NUM
cblr-1213	310	13	)	)	PUNCT
cblr-1213	310	14	,	,	PUNCT
cblr-1213	310	15	http://www.nicsa.org/downloads/white%20papers/swingpricing101_white	http://www.nicsa.org/downloads/white%20papers/swingpricing101_white	PROPN
cblr-1213	310	16	paper_march2016.pdf	paper_march2016.pdf	X
cblr-1213	310	17	[	[	X
cblr-1213	310	18	perma.cc/w59s-snmb	perma.cc/w59s-snmb	NOUN
cblr-1213	310	19	]	]	PUNCT
cblr-1213	310	20	;	;	PUNCT
cblr-1213	310	21	see	see	VERB
cblr-1213	310	22	also	also	ADV
cblr-1213	310	23	french	french	ADJ
cblr-1213	310	24	asset	asset	NOUN
cblr-1213	310	25	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	310	26	150	150	NUM
cblr-1213	310	27	columbia	columbia	PROPN
cblr-1213	310	28	business	business	NOUN
cblr-1213	310	29	law	law	PROPN
cblr-1213	310	30	review	review	NOUN
cblr-1213	310	31	[	[	X
cblr-1213	310	32	vol	vol	NOUN
cblr-1213	310	33	.	.	PUNCT
cblr-1213	310	34	2018	2018	NUM
cblr-1213	310	35	luxembourg	luxembourg	PROPN
cblr-1213	310	36	is	be	AUX
cblr-1213	310	37	the	the	DET
cblr-1213	310	38	largest	large	ADJ
cblr-1213	310	39	mutual	mutual	ADJ
cblr-1213	310	40	fund	fund	NOUN
cblr-1213	310	41	capital	capital	NOUN
cblr-1213	310	42	in	in	ADP
cblr-1213	310	43	the	the	DET
cblr-1213	310	44	world	world	NOUN
cblr-1213	310	45	outside	outside	ADP
cblr-1213	310	46	of	of	ADP
cblr-1213	310	47	the	the	DET
cblr-1213	310	48	united	united	PROPN
cblr-1213	310	49	states	states	PROPN
cblr-1213	310	50	,	,	PUNCT
cblr-1213	310	51	and	and	CCONJ
cblr-1213	310	52	funds	fund	NOUN
cblr-1213	310	53	domiciled	domicile	VERB
cblr-1213	310	54	in	in	ADP
cblr-1213	310	55	luxembourg	luxembourg	PROPN
cblr-1213	310	56	have	have	AUX
cblr-1213	310	57	used	use	VERB
cblr-1213	310	58	swing	swing	NOUN
cblr-1213	310	59	pricing	pricing	NOUN
cblr-1213	310	60	for	for	ADP
cblr-1213	310	61	two	two	NUM
cblr-1213	310	62	decades.84	decades.84	NOUN
cblr-1213	310	63	in	in	ADP
cblr-1213	310	64	2006	2006	NUM
cblr-1213	310	65	,	,	PUNCT
cblr-1213	310	66	the	the	DET
cblr-1213	310	67	association	association	NOUN
cblr-1213	310	68	of	of	ADP
cblr-1213	310	69	the	the	DET
cblr-1213	310	70	luxembourg	luxembourg	PROPN
cblr-1213	310	71	fund	fund	PROPN
cblr-1213	310	72	industry	industry	NOUN
cblr-1213	310	73	(	(	PUNCT
cblr-1213	310	74	“	"	PUNCT
cblr-1213	310	75	alfi	alfi	PROPN
cblr-1213	310	76	”	"	PUNCT
cblr-1213	310	77	)	)	PUNCT
cblr-1213	310	78	convened	convene	VERB
cblr-1213	310	79	a	a	DET
cblr-1213	310	80	working	work	VERB
cblr-1213	310	81	group	group	NOUN
cblr-1213	310	82	to	to	PART
cblr-1213	310	83	study	study	VERB
cblr-1213	310	84	the	the	DET
cblr-1213	310	85	theory	theory	NOUN
cblr-1213	310	86	and	and	CCONJ
cblr-1213	310	87	practice	practice	NOUN
cblr-1213	310	88	of	of	ADP
cblr-1213	310	89	swing	swing	NOUN
cblr-1213	310	90	pricing	pricing	NOUN
cblr-1213	310	91	and	and	CCONJ
cblr-1213	310	92	released	release	VERB
cblr-1213	310	93	a	a	DET
cblr-1213	310	94	swing	swing	NOUN
cblr-1213	310	95	pricing	pricing	NOUN
cblr-1213	310	96	survey	survey	NOUN
cblr-1213	310	97	and	and	CCONJ
cblr-1213	310	98	guidelines	guideline	NOUN
cblr-1213	310	99	in	in	ADP
cblr-1213	310	100	2011	2011	NUM
cblr-1213	310	101	,	,	PUNCT
cblr-1213	310	102	with	with	ADP
cblr-1213	310	103	updates	update	NOUN
cblr-1213	310	104	in	in	ADP
cblr-1213	310	105	2015	2015	NUM
cblr-1213	310	106	.	.	PUNCT
cblr-1213	311	1	85	85	NUM
cblr-1213	312	1	the	the	DET
cblr-1213	312	2	sec	sec	PROPN
cblr-1213	312	3	relied	rely	VERB
cblr-1213	312	4	on	on	ADP
cblr-1213	312	5	alfi	alfi	PROPN
cblr-1213	312	6	research	research	NOUN
cblr-1213	312	7	and	and	CCONJ
cblr-1213	312	8	data	datum	NOUN
cblr-1213	312	9	in	in	ADP
cblr-1213	312	10	creating	create	VERB
cblr-1213	312	11	the	the	DET
cblr-1213	312	12	u.s	u.s	PROPN
cblr-1213	312	13	.	.	PROPN
cblr-1213	312	14	swing	swing	NOUN
cblr-1213	312	15	pricing	pricing	NOUN
cblr-1213	312	16	proposed	propose	VERB
cblr-1213	312	17	rules.86	rules.86	NOUN
cblr-1213	312	18	the	the	DET
cblr-1213	312	19	remainder	remainder	NOUN
cblr-1213	312	20	of	of	ADP
cblr-1213	312	21	this	this	DET
cblr-1213	312	22	article	article	NOUN
cblr-1213	312	23	compares	compare	VERB
cblr-1213	312	24	and	and	CCONJ
cblr-1213	312	25	contrasts	contrast	VERB
cblr-1213	312	26	,	,	PUNCT
cblr-1213	312	27	where	where	SCONJ
cblr-1213	312	28	meaningful	meaningful	ADJ
cblr-1213	312	29	,	,	PUNCT
cblr-1213	312	30	the	the	DET
cblr-1213	312	31	u.s	u.s	PROPN
cblr-1213	312	32	.	.	PROPN
cblr-1213	312	33	rules	rule	NOUN
cblr-1213	312	34	with	with	ADP
cblr-1213	312	35	those	those	PRON
cblr-1213	312	36	in	in	ADP
cblr-1213	312	37	european	european	ADJ
cblr-1213	312	38	jurisdictions	jurisdiction	NOUN
cblr-1213	312	39	.	.	PUNCT
cblr-1213	313	1	c.	c.	PROPN
cblr-1213	313	2	u.s	u.s	PROPN
cblr-1213	313	3	.	.	PROPN
cblr-1213	313	4	swing	swing	NOUN
cblr-1213	313	5	pricing	pricing	NOUN
cblr-1213	313	6	rules	rule	NOUN
cblr-1213	313	7	in	in	ADP
cblr-1213	313	8	october	october	PROPN
cblr-1213	313	9	2016	2016	NUM
cblr-1213	313	10	,	,	PUNCT
cblr-1213	313	11	the	the	DET
cblr-1213	313	12	sec	sec	PROPN
cblr-1213	313	13	finalized	finalize	VERB
cblr-1213	313	14	and	and	CCONJ
cblr-1213	313	15	enacted	enact	VERB
cblr-1213	313	16	the	the	DET
cblr-1213	313	17	liquidity	liquidity	NOUN
cblr-1213	313	18	risk	risk	NOUN
cblr-1213	313	19	management	management	NOUN
cblr-1213	313	20	program	program	NOUN
cblr-1213	313	21	rules87	rules87	NOUN
cblr-1213	313	22	and	and	CCONJ
cblr-1213	313	23	the	the	DET
cblr-1213	313	24	swing	swing	NOUN
cblr-1213	313	25	pricing	pricing	NOUN
cblr-1213	313	26	rules,88	rules,88	NOUN
cblr-1213	313	27	originally	originally	ADV
cblr-1213	313	28	released	release	VERB
cblr-1213	313	29	september	september	PROPN
cblr-1213	313	30	22	22	NUM
cblr-1213	313	31	,	,	PUNCT
cblr-1213	313	32	2015.89	2015.89	NUM
cblr-1213	313	33	all	all	DET
cblr-1213	313	34	openend	openend	VERB
cblr-1213	313	35	management	management	NOUN
cblr-1213	313	36	investment	investment	NOUN
cblr-1213	313	37	companies	company	NOUN
cblr-1213	313	38	,	,	PUNCT
cblr-1213	313	39	excluding	exclude	VERB
cblr-1213	313	40	money	money	NOUN
cblr-1213	313	41	market	market	NOUN
cblr-1213	313	42	funds	fund	NOUN
cblr-1213	313	43	and	and	CCONJ
cblr-1213	313	44	exchange	exchange	NOUN
cblr-1213	313	45	-	-	PUNCT
cblr-1213	313	46	traded	trade	VERB
cblr-1213	313	47	funds	fund	NOUN
cblr-1213	313	48	(	(	PUNCT
cblr-1213	313	49	“	"	PUNCT
cblr-1213	313	50	etfs	etfs	NOUN
cblr-1213	313	51	”	"	PUNCT
cblr-1213	313	52	)	)	PUNCT
cblr-1213	313	53	,	,	PUNCT
cblr-1213	313	54	must	must	AUX
cblr-1213	313	55	comply	comply	VERB
cblr-1213	313	56	with	with	ADP
cblr-1213	313	57	the	the	DET
cblr-1213	313	58	broader	broad	ADJ
cblr-1213	313	59	liquidity	liquidity	NOUN
cblr-1213	313	60	rules	rule	NOUN
cblr-1213	313	61	,	,	PUNCT
cblr-1213	313	62	and	and	CCONJ
cblr-1213	313	63	may	may	AUX
cblr-1213	313	64	implement	implement	VERB
cblr-1213	313	65	swing	swing	NOUN
cblr-1213	313	66	pricing	pricing	NOUN
cblr-1213	313	67	practices.90	practices.90	ADP
cblr-1213	313	68	the	the	DET
cblr-1213	313	69	swing	swing	NOUN
cblr-1213	313	70	pricing	pricing	NOUN
cblr-1213	313	71	rules	rule	NOUN
cblr-1213	313	72	—	—	PUNCT
cblr-1213	313	73	the	the	DET
cblr-1213	313	74	focus	focus	NOUN
cblr-1213	313	75	of	of	ADP
cblr-1213	313	76	this	this	DET
cblr-1213	313	77	article	article	NOUN
cblr-1213	313	78	—	—	PUNCT
cblr-1213	313	79	will	will	AUX
cblr-1213	313	80	be	be	AUX
cblr-1213	313	81	effective	effective	ADJ
cblr-1213	313	82	in	in	ADP
cblr-1213	313	83	november	november	PROPN
cblr-1213	313	84	2018,91	2018,91	NUM
cblr-1213	313	85	and	and	CCONJ
cblr-1213	313	86	the	the	DET
cblr-1213	313	87	liquidity	liquidity	NOUN
cblr-1213	313	88	risk	risk	NOUN
cblr-1213	313	89	management	management	NOUN
cblr-1213	313	90	program	program	NOUN
cblr-1213	313	91	rules	rule	NOUN
cblr-1213	313	92	have	have	VERB
cblr-1213	313	93	a	a	DET
cblr-1213	313	94	compliance	compliance	NOUN
cblr-1213	313	95	mgmt	mgmt	NOUN
cblr-1213	313	96	.	.	PUNCT
cblr-1213	314	1	ass’n	ass’n	PROPN
cblr-1213	314	2	,	,	PUNCT
cblr-1213	314	3	code	code	NOUN
cblr-1213	314	4	of	of	ADP
cblr-1213	314	5	conduct	conduct	NOUN
cblr-1213	314	6	for	for	ADP
cblr-1213	314	7	asset	asset	NOUN
cblr-1213	314	8	managers	manager	NOUN
cblr-1213	314	9	using	use	VERB
cblr-1213	314	10	swing	swing	NOUN
cblr-1213	314	11	pricing	pricing	NOUN
cblr-1213	314	12	and	and	CCONJ
cblr-1213	314	13	variable	variable	ADJ
cblr-1213	314	14	anti	anti	ADJ
cblr-1213	314	15	-	-	ADJ
cblr-1213	314	16	dilution	dilution	ADJ
cblr-1213	314	17	levies	levy	NOUN
cblr-1213	314	18	(	(	PUNCT
cblr-1213	314	19	2016	2016	NUM
cblr-1213	314	20	)	)	PUNCT
cblr-1213	314	21	,	,	PUNCT
cblr-1213	315	1	http://www.afg.asso.fr/wp-content/uploads/2014/06/guidepro_swingpricing_actualise_2016_eng.pdf	http://www.afg.asso.fr/wp-content/uploads/2014/06/guidepro_swingpricing_actualise_2016_eng.pdf	PROPN
cblr-1213	315	2	[	[	X
cblr-1213	315	3	perma.cc/jk82-3wu2	perma.cc/jk82-3wu2	X
cblr-1213	315	4	]	]	X
cblr-1213	315	5	(	(	PUNCT
cblr-1213	315	6	describing	describe	VERB
cblr-1213	315	7	swing	swing	NOUN
cblr-1213	315	8	pricing	pricing	NOUN
cblr-1213	315	9	policies	policy	NOUN
cblr-1213	315	10	and	and	CCONJ
cblr-1213	315	11	procedures	procedure	NOUN
cblr-1213	315	12	in	in	ADP
cblr-1213	315	13	france	france	PROPN
cblr-1213	315	14	)	)	PUNCT
cblr-1213	315	15	.	.	PUNCT
cblr-1213	316	1	84	84	NUM
cblr-1213	316	2	cusatis	cusati	NOUN
cblr-1213	316	3	,	,	PUNCT
cblr-1213	316	4	supra	supra	PROPN
cblr-1213	316	5	note	note	PROPN
cblr-1213	316	6	83	83	NUM
cblr-1213	316	7	,	,	PUNCT
cblr-1213	316	8	at	at	ADP
cblr-1213	316	9	3	3	NUM
cblr-1213	316	10	.	.	NOUN
cblr-1213	316	11	85	85	NUM
cblr-1213	316	12	alfi	alfi	NOUN
cblr-1213	316	13	2015	2015	NUM
cblr-1213	316	14	survey	survey	NOUN
cblr-1213	316	15	,	,	PUNCT
cblr-1213	316	16	supra	supra	PROPN
cblr-1213	316	17	note	note	NOUN
cblr-1213	316	18	58	58	NUM
cblr-1213	316	19	,	,	PUNCT
cblr-1213	316	20	at	at	ADP
cblr-1213	316	21	6	6	NUM
cblr-1213	316	22	.	.	NOUN
cblr-1213	316	23	86	86	NUM
cblr-1213	316	24	swing	swing	NOUN
cblr-1213	316	25	pricing	price	VERB
cblr-1213	316	26	first	first	ADJ
cblr-1213	316	27	proposal	proposal	NOUN
cblr-1213	316	28	,	,	PUNCT
cblr-1213	316	29	supra	supra	PROPN
cblr-1213	316	30	note	note	NOUN
cblr-1213	316	31	4	4	NUM
cblr-1213	316	32	,	,	PUNCT
cblr-1213	316	33	at	at	ADP
cblr-1213	316	34	62327	62327	NUM
cblr-1213	316	35	;	;	PUNCT
cblr-1213	316	36	see	see	VERB
cblr-1213	316	37	also	also	ADV
cblr-1213	316	38	final	final	ADJ
cblr-1213	316	39	rules	rule	NOUN
cblr-1213	316	40	supra	supra	PROPN
cblr-1213	316	41	note	note	PROPN
cblr-1213	316	42	4	4	NUM
cblr-1213	316	43	,	,	PUNCT
cblr-1213	316	44	at	at	ADP
cblr-1213	316	45	82095	82095	NUM
cblr-1213	316	46	(	(	PUNCT
cblr-1213	316	47	citing	cite	VERB
cblr-1213	316	48	to	to	PART
cblr-1213	316	49	alfi	alfi	VERB
cblr-1213	316	50	for	for	ADP
cblr-1213	316	51	guidance	guidance	NOUN
cblr-1213	316	52	on	on	ADP
cblr-1213	316	53	swing	swing	NOUN
cblr-1213	316	54	pricing	pricing	NOUN
cblr-1213	316	55	rules	rule	NOUN
cblr-1213	316	56	)	)	PUNCT
cblr-1213	316	57	.	.	PUNCT
cblr-1213	317	1	87	87	NUM
cblr-1213	317	2	final	final	ADJ
cblr-1213	317	3	liquidity	liquidity	NOUN
cblr-1213	317	4	risk	risk	NOUN
cblr-1213	317	5	rules	rule	NOUN
cblr-1213	317	6	,	,	PUNCT
cblr-1213	317	7	supra	supra	PROPN
cblr-1213	317	8	note	note	NOUN
cblr-1213	317	9	4	4	NUM
cblr-1213	317	10	,	,	PUNCT
cblr-1213	317	11	at	at	ADP
cblr-1213	317	12	82142	82142	NUM
cblr-1213	317	13	.	.	PUNCT
cblr-1213	318	1	88	88	NUM
cblr-1213	318	2	final	final	ADJ
cblr-1213	318	3	rules	rule	NOUN
cblr-1213	318	4	,	,	PUNCT
cblr-1213	318	5	supra	supra	PROPN
cblr-1213	318	6	note	note	NOUN
cblr-1213	318	7	4	4	NUM
cblr-1213	318	8	,	,	PUNCT
cblr-1213	318	9	at	at	ADP
cblr-1213	318	10	82084	82084	NUM
cblr-1213	318	11	.	.	PUNCT
cblr-1213	319	1	89	89	NUM
cblr-1213	319	2	swing	swing	NOUN
cblr-1213	319	3	pricing	price	VERB
cblr-1213	319	4	first	first	ADJ
cblr-1213	319	5	proposal	proposal	NOUN
cblr-1213	319	6	,	,	PUNCT
cblr-1213	319	7	supra	supra	PROPN
cblr-1213	319	8	note	note	NOUN
cblr-1213	319	9	4	4	NUM
cblr-1213	319	10	,	,	PUNCT
cblr-1213	319	11	at	at	ADP
cblr-1213	319	12	62388	62388	NUM
cblr-1213	319	13	.	.	PUNCT
cblr-1213	320	1	90	90	NUM
cblr-1213	320	2	final	final	ADJ
cblr-1213	320	3	rules	rule	NOUN
cblr-1213	320	4	,	,	PUNCT
cblr-1213	320	5	supra	supra	PROPN
cblr-1213	320	6	note	note	NOUN
cblr-1213	320	7	4	4	NUM
cblr-1213	320	8	,	,	PUNCT
cblr-1213	320	9	at	at	ADP
cblr-1213	320	10	82089	82089	NUM
cblr-1213	320	11	;	;	PUNCT
cblr-1213	320	12	final	final	ADJ
cblr-1213	320	13	liquidity	liquidity	NOUN
cblr-1213	320	14	risk	risk	NOUN
cblr-1213	320	15	rules	rule	NOUN
cblr-1213	320	16	,	,	PUNCT
cblr-1213	320	17	supra	supra	PROPN
cblr-1213	320	18	note	note	NOUN
cblr-1213	320	19	4	4	NUM
cblr-1213	320	20	,	,	PUNCT
cblr-1213	320	21	at	at	ADP
cblr-1213	320	22	82142	82142	NUM
cblr-1213	320	23	.	.	PUNCT
cblr-1213	321	1	91	91	NUM
cblr-1213	321	2	final	final	ADJ
cblr-1213	321	3	rules	rule	NOUN
cblr-1213	321	4	,	,	PUNCT
cblr-1213	321	5	supra	supra	PROPN
cblr-1213	321	6	note	note	NOUN
cblr-1213	321	7	4	4	NUM
cblr-1213	321	8	,	,	PUNCT
cblr-1213	321	9	at	at	ADP
cblr-1213	321	10	82084	82084	NUM
cblr-1213	321	11	.	.	PUNCT
cblr-1213	322	1	because	because	SCONJ
cblr-1213	322	2	swing	swing	NOUN
cblr-1213	322	3	pricing	pricing	NOUN
cblr-1213	322	4	rules	rule	NOUN
cblr-1213	322	5	are	be	AUX
cblr-1213	322	6	optional	optional	ADJ
cblr-1213	322	7	,	,	PUNCT
cblr-1213	322	8	the	the	DET
cblr-1213	322	9	rules	rule	NOUN
cblr-1213	322	10	have	have	VERB
cblr-1213	322	11	a	a	DET
cblr-1213	322	12	stated	state	VERB
cblr-1213	322	13	effective	effective	ADJ
cblr-1213	322	14	date	date	NOUN
cblr-1213	322	15	,	,	PUNCT
cblr-1213	322	16	not	not	PART
cblr-1213	322	17	an	an	DET
cblr-1213	322	18	effective	effective	ADJ
cblr-1213	322	19	compliance	compliance	NOUN
cblr-1213	322	20	date	date	NOUN
cblr-1213	322	21	.	.	PUNCT
cblr-1213	323	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	324	1	no	no	INTJ
cblr-1213	324	2	.	.	PUNCT
cblr-1213	325	1	1:130	1:130	NUM
cblr-1213	325	2	]	]	X
cblr-1213	325	3	will	will	AUX
cblr-1213	325	4	swing	swing	VERB
cblr-1213	325	5	pricing	pricing	NOUN
cblr-1213	325	6	save	save	VERB
cblr-1213	325	7	sedentary	sedentary	ADJ
cblr-1213	325	8	shareholders	shareholder	NOUN
cblr-1213	325	9	?	?	PUNCT
cblr-1213	326	1	151	151	NUM
cblr-1213	326	2	date	date	NOUN
cblr-1213	326	3	of	of	ADP
cblr-1213	326	4	december	december	PROPN
cblr-1213	326	5	1	1	NUM
cblr-1213	326	6	,	,	PUNCT
cblr-1213	326	7	2018	2018	NUM
cblr-1213	326	8	for	for	ADP
cblr-1213	326	9	large	large	ADJ
cblr-1213	326	10	funds	fund	NOUN
cblr-1213	326	11	and	and	CCONJ
cblr-1213	326	12	june	june	PROPN
cblr-1213	326	13	1	1	NUM
cblr-1213	326	14	,	,	PUNCT
cblr-1213	326	15	2019	2019	NUM
cblr-1213	326	16	for	for	ADP
cblr-1213	326	17	small	small	ADJ
cblr-1213	326	18	funds.92	funds.92	NOUN
cblr-1213	326	19	the	the	DET
cblr-1213	326	20	rules	rule	NOUN
cblr-1213	326	21	aim	aim	VERB
cblr-1213	326	22	to	to	PART
cblr-1213	326	23	promote	promote	VERB
cblr-1213	326	24	fairness	fairness	NOUN
cblr-1213	326	25	in	in	ADP
cblr-1213	326	26	investments	investment	NOUN
cblr-1213	326	27	,	,	PUNCT
cblr-1213	326	28	prevent	prevent	VERB
cblr-1213	326	29	investor	investor	NOUN
cblr-1213	326	30	dilution	dilution	NOUN
cblr-1213	326	31	,	,	PUNCT
cblr-1213	326	32	and	and	CCONJ
cblr-1213	326	33	discourage	discourage	VERB
cblr-1213	326	34	early	early	ADJ
cblr-1213	326	35	redemptions	redemption	NOUN
cblr-1213	326	36	in	in	ADP
cblr-1213	326	37	times	time	NOUN
cblr-1213	326	38	of	of	ADP
cblr-1213	326	39	heightened	heightened	ADJ
cblr-1213	326	40	illiquidity.93	illiquidity.93	NOUN
cblr-1213	326	41	the	the	DET
cblr-1213	326	42	following	follow	VERB
cblr-1213	326	43	subsections	subsection	NOUN
cblr-1213	326	44	explore	explore	VERB
cblr-1213	326	45	the	the	DET
cblr-1213	326	46	main	main	ADJ
cblr-1213	326	47	swing	swing	NOUN
cblr-1213	326	48	pricing	pricing	NOUN
cblr-1213	326	49	rule	rule	NOUN
cblr-1213	326	50	components	component	NOUN
cblr-1213	326	51	,	,	PUNCT
cblr-1213	326	52	including	include	VERB
cblr-1213	326	53	the	the	DET
cblr-1213	326	54	voluntary	voluntary	ADJ
cblr-1213	326	55	nature	nature	NOUN
cblr-1213	326	56	of	of	ADP
cblr-1213	326	57	the	the	DET
cblr-1213	326	58	rules	rule	NOUN
cblr-1213	326	59	,	,	PUNCT
cblr-1213	326	60	the	the	DET
cblr-1213	326	61	swing	swing	NOUN
cblr-1213	326	62	threshold	threshold	NOUN
cblr-1213	326	63	,	,	PUNCT
cblr-1213	326	64	and	and	CCONJ
cblr-1213	326	65	the	the	DET
cblr-1213	326	66	swing	swing	NOUN
cblr-1213	326	67	factor	factor	NOUN
cblr-1213	326	68	.	.	PUNCT
cblr-1213	327	1	they	they	PRON
cblr-1213	327	2	also	also	ADV
cblr-1213	327	3	examine	examine	VERB
cblr-1213	327	4	a	a	DET
cblr-1213	327	5	fund	fund	NOUN
cblr-1213	327	6	’s	’s	PART
cblr-1213	327	7	board	board	NOUN
cblr-1213	327	8	of	of	ADP
cblr-1213	327	9	directors	director	NOUN
cblr-1213	327	10	’	’	PART
cblr-1213	327	11	implementation	implementation	NOUN
cblr-1213	327	12	and	and	CCONJ
cblr-1213	327	13	oversight	oversight	NOUN
cblr-1213	327	14	responsibilities	responsibility	NOUN
cblr-1213	327	15	,	,	PUNCT
cblr-1213	327	16	fiduciary	fiduciary	ADJ
cblr-1213	327	17	duties	duty	NOUN
cblr-1213	327	18	,	,	PUNCT
cblr-1213	327	19	as	as	ADV
cblr-1213	327	20	well	well	ADV
cblr-1213	327	21	as	as	ADP
cblr-1213	327	22	reporting	reporting	NOUN
cblr-1213	327	23	and	and	CCONJ
cblr-1213	327	24	shareholder	shareholder	NOUN
cblr-1213	327	25	disclosure	disclosure	NOUN
cblr-1213	327	26	requirements	requirement	NOUN
cblr-1213	327	27	.	.	PUNCT
cblr-1213	328	1	1	1	X
cblr-1213	328	2	.	.	X
cblr-1213	328	3	optional	optional	ADJ
cblr-1213	328	4	swing	swing	NOUN
cblr-1213	328	5	pricing	pricing	NOUN
cblr-1213	328	6	is	be	AUX
cblr-1213	328	7	optional	optional	ADJ
cblr-1213	328	8	,	,	PUNCT
cblr-1213	328	9	which	which	PRON
cblr-1213	328	10	creates	create	VERB
cblr-1213	328	11	an	an	DET
cblr-1213	328	12	opt	opt	NOUN
cblr-1213	328	13	-	-	PUNCT
cblr-1213	328	14	in	in	ADP
cblr-1213	328	15	approach.94	approach.94	PROPN
cblr-1213	328	16	a	a	DET
cblr-1213	328	17	mutual	mutual	ADJ
cblr-1213	328	18	fund	fund	NOUN
cblr-1213	328	19	may	may	AUX
cblr-1213	328	20	implement	implement	VERB
cblr-1213	328	21	swing	swing	NOUN
cblr-1213	328	22	pricing	pricing	NOUN
cblr-1213	328	23	if	if	SCONJ
cblr-1213	328	24	the	the	DET
cblr-1213	328	25	fund	fund	NOUN
cblr-1213	328	26	’s	’s	PART
cblr-1213	328	27	board	board	NOUN
cblr-1213	328	28	of	of	ADP
cblr-1213	328	29	directors	director	NOUN
cblr-1213	328	30	adopts	adopt	VERB
cblr-1213	328	31	swing	swing	NOUN
cblr-1213	328	32	pricing	pricing	NOUN
cblr-1213	328	33	policies	policy	NOUN
cblr-1213	328	34	and	and	CCONJ
cblr-1213	328	35	procedures.95	procedures.95	PROPN
cblr-1213	328	36	92	92	NUM
cblr-1213	328	37	final	final	ADJ
cblr-1213	328	38	liquidity	liquidity	NOUN
cblr-1213	328	39	risk	risk	NOUN
cblr-1213	328	40	rules	rule	NOUN
cblr-1213	328	41	,	,	PUNCT
cblr-1213	328	42	supra	supra	PROPN
cblr-1213	328	43	note	note	NOUN
cblr-1213	328	44	4	4	NUM
cblr-1213	328	45	,	,	PUNCT
cblr-1213	328	46	at	at	ADP
cblr-1213	328	47	307	307	NUM
cblr-1213	328	48	.	.	PUNCT
cblr-1213	329	1	because	because	SCONJ
cblr-1213	329	2	the	the	DET
cblr-1213	329	3	liquidity	liquidity	NOUN
cblr-1213	329	4	risk	risk	NOUN
cblr-1213	329	5	management	management	NOUN
cblr-1213	329	6	program	program	NOUN
cblr-1213	329	7	rules	rule	NOUN
cblr-1213	329	8	are	be	AUX
cblr-1213	329	9	mandatory	mandatory	ADJ
cblr-1213	329	10	and	and	CCONJ
cblr-1213	329	11	thus	thus	ADV
cblr-1213	329	12	the	the	DET
cblr-1213	329	13	effective	effective	ADJ
cblr-1213	329	14	date	date	NOUN
cblr-1213	329	15	is	be	AUX
cblr-1213	329	16	the	the	DET
cblr-1213	329	17	same	same	ADJ
cblr-1213	329	18	as	as	ADP
cblr-1213	329	19	the	the	DET
cblr-1213	329	20	compliance	compliance	NOUN
cblr-1213	329	21	date	date	NOUN
cblr-1213	329	22	.	.	PUNCT
cblr-1213	330	1	93	93	NUM
cblr-1213	330	2	final	final	ADJ
cblr-1213	330	3	rules	rule	NOUN
cblr-1213	330	4	,	,	PUNCT
cblr-1213	330	5	supra	supra	PROPN
cblr-1213	330	6	note	note	NOUN
cblr-1213	330	7	4	4	NUM
cblr-1213	330	8	,	,	PUNCT
cblr-1213	330	9	at	at	ADP
cblr-1213	330	10	82117–18	82117–18	NUM
cblr-1213	330	11	(	(	PUNCT
cblr-1213	330	12	“	"	PUNCT
cblr-1213	330	13	the	the	DET
cblr-1213	330	14	primary	primary	ADJ
cblr-1213	330	15	goals	goal	NOUN
cblr-1213	330	16	of	of	ADP
cblr-1213	330	17	the	the	DET
cblr-1213	330	18	swing	swing	NOUN
cblr-1213	330	19	pricing	pricing	NOUN
cblr-1213	330	20	regulations	regulation	NOUN
cblr-1213	330	21	are	be	AUX
cblr-1213	330	22	to	to	PART
cblr-1213	330	23	promote	promote	VERB
cblr-1213	330	24	investor	investor	NOUN
cblr-1213	330	25	protection	protection	NOUN
cblr-1213	330	26	by	by	ADP
cblr-1213	330	27	allowing	allow	VERB
cblr-1213	330	28	a	a	DET
cblr-1213	330	29	fund	fund	NOUN
cblr-1213	330	30	,	,	PUNCT
cblr-1213	330	31	if	if	SCONJ
cblr-1213	330	32	it	it	PRON
cblr-1213	330	33	chooses	choose	VERB
cblr-1213	330	34	,	,	PUNCT
cblr-1213	330	35	to	to	PART
cblr-1213	330	36	use	use	VERB
cblr-1213	330	37	swing	swing	NOUN
cblr-1213	330	38	pricing	pricing	NOUN
cblr-1213	330	39	to	to	PART
cblr-1213	330	40	mitigate	mitigate	VERB
cblr-1213	330	41	potential	potential	ADJ
cblr-1213	330	42	dilution	dilution	NOUN
cblr-1213	330	43	of	of	ADP
cblr-1213	330	44	nontransacting	nontransacting	NOUN
cblr-1213	330	45	shareholders	shareholder	NOUN
cblr-1213	330	46	’	’	PART
cblr-1213	330	47	interests	interest	NOUN
cblr-1213	330	48	that	that	PRON
cblr-1213	330	49	could	could	AUX
cblr-1213	330	50	occur	occur	VERB
cblr-1213	330	51	when	when	SCONJ
cblr-1213	330	52	the	the	DET
cblr-1213	330	53	fund	fund	NOUN
cblr-1213	330	54	incurs	incur	VERB
cblr-1213	330	55	costs	cost	NOUN
cblr-1213	330	56	as	as	ADP
cblr-1213	330	57	a	a	DET
cblr-1213	330	58	result	result	NOUN
cblr-1213	330	59	of	of	ADP
cblr-1213	330	60	other	other	ADJ
cblr-1213	330	61	investors	investor	NOUN
cblr-1213	330	62	’	'	PUNCT
cblr-1213	330	63	purchase	purchase	NOUN
cblr-1213	330	64	or	or	CCONJ
cblr-1213	330	65	redemption	redemption	NOUN
cblr-1213	330	66	activity	activity	NOUN
cblr-1213	330	67	.	.	PUNCT
cblr-1213	330	68	.	.	PUNCT
cblr-1213	330	69	.	.	PUNCT
cblr-1213	330	70	.	.	PUNCT
cblr-1213	331	1	furthermore	furthermore	ADV
cblr-1213	331	2	,	,	PUNCT
cblr-1213	331	3	because	because	SCONJ
cblr-1213	331	4	redeeming	redeem	VERB
cblr-1213	331	5	shareholders	shareholder	NOUN
cblr-1213	331	6	do	do	AUX
cblr-1213	331	7	not	not	PART
cblr-1213	331	8	bear	bear	VERB
cblr-1213	331	9	the	the	DET
cblr-1213	331	10	cost	cost	NOUN
cblr-1213	331	11	of	of	ADP
cblr-1213	331	12	existing	exist	VERB
cblr-1213	331	13	a	a	DET
cblr-1213	331	14	fund	fund	NOUN
cblr-1213	331	15	,	,	PUNCT
cblr-1213	331	16	shareholders	shareholder	NOUN
cblr-1213	331	17	might	might	AUX
cblr-1213	331	18	have	have	VERB
cblr-1213	331	19	an	an	DET
cblr-1213	331	20	incentive	incentive	NOUN
cblr-1213	331	21	for	for	ADP
cblr-1213	331	22	early	early	ADJ
cblr-1213	331	23	redemptions	redemption	NOUN
cblr-1213	331	24	in	in	ADP
cblr-1213	331	25	times	time	NOUN
cblr-1213	331	26	of	of	ADP
cblr-1213	331	27	liquidity	liquidity	NOUN
cblr-1213	331	28	stress	stress	NOUN
cblr-1213	331	29	because	because	SCONJ
cblr-1213	331	30	of	of	ADP
cblr-1213	331	31	a	a	DET
cblr-1213	331	32	first	first	ADJ
cblr-1213	331	33	-	-	PUNCT
cblr-1213	331	34	mover	mover	NOUN
cblr-1213	331	35	advantage	advantage	NOUN
cblr-1213	331	36	,	,	PUNCT
cblr-1213	331	37	which	which	PRON
cblr-1213	331	38	could	could	AUX
cblr-1213	331	39	result	result	VERB
cblr-1213	331	40	in	in	ADP
cblr-1213	331	41	further	further	ADJ
cblr-1213	331	42	dilution	dilution	NOUN
cblr-1213	331	43	of	of	ADP
cblr-1213	331	44	non	non	ADJ
cblr-1213	331	45	-	-	ADJ
cblr-1213	331	46	transactions	transaction	NOUN
cblr-1213	331	47	shareholders	shareholder	NOUN
cblr-1213	331	48	’	'	PUNCT
cblr-1213	331	49	interests	interest	NOUN
cblr-1213	331	50	.	.	PUNCT
cblr-1213	332	1	to	to	ADP
cblr-1213	332	2	the	the	DET
cblr-1213	332	3	extent	extent	NOUN
cblr-1213	332	4	that	that	SCONJ
cblr-1213	332	5	such	such	DET
cblr-1213	332	6	a	a	DET
cblr-1213	332	7	first	first	ADJ
cblr-1213	332	8	-	-	PUNCT
cblr-1213	332	9	mover	mover	NOUN
cblr-1213	332	10	advantage	advantage	NOUN
cblr-1213	332	11	triggers	trigger	VERB
cblr-1213	332	12	the	the	DET
cblr-1213	332	13	sale	sale	NOUN
cblr-1213	332	14	of	of	ADP
cblr-1213	332	15	less	less	ADJ
cblr-1213	332	16	liquid	liquid	ADJ
cblr-1213	332	17	portfolio	portfolio	NOUN
cblr-1213	332	18	investments	investment	NOUN
cblr-1213	332	19	at	at	ADP
cblr-1213	332	20	discounted	discount	VERB
cblr-1213	332	21	or	or	CCONJ
cblr-1213	332	22	even	even	ADV
cblr-1213	332	23	fire	fire	NOUN
cblr-1213	332	24	sales	sale	NOUN
cblr-1213	332	25	prices	price	NOUN
cblr-1213	332	26	,	,	PUNCT
cblr-1213	332	27	correlated	correlate	VERB
cblr-1213	332	28	investments	investment	NOUN
cblr-1213	332	29	and	and	CCONJ
cblr-1213	332	30	funds	fund	NOUN
cblr-1213	332	31	and	and	CCONJ
cblr-1213	332	32	other	other	ADJ
cblr-1213	332	33	investors	investor	NOUN
cblr-1213	332	34	holding	hold	VERB
cblr-1213	332	35	these	these	PRON
cblr-1213	332	36	and	and	CCONJ
cblr-1213	332	37	correlated	correlate	VERB
cblr-1213	332	38	investments	investment	NOUN
cblr-1213	332	39	will	will	AUX
cblr-1213	332	40	be	be	AUX
cblr-1213	332	41	negatively	negatively	ADV
cblr-1213	332	42	impacted	impact	VERB
cblr-1213	332	43	.	.	PUNCT
cblr-1213	332	44	.	.	PUNCT
cblr-1213	332	45	.	.	PUNCT
cblr-1213	333	1	.	.	PUNCT
cblr-1213	333	2	”	"	PUNCT
cblr-1213	333	3	)	)	PUNCT
cblr-1213	334	1	.	.	PUNCT
cblr-1213	335	1	94	94	NUM
cblr-1213	336	1	i	i	PRON
cblr-1213	336	2	d.	d.	PROPN
cblr-1213	336	3	at	at	ADP
cblr-1213	336	4	82128	82128	NUM
cblr-1213	336	5	(	(	PUNCT
cblr-1213	336	6	“	"	PUNCT
cblr-1213	336	7	but	but	CCONJ
cblr-1213	336	8	because	because	SCONJ
cblr-1213	336	9	funds	fund	NOUN
cblr-1213	336	10	differ	differ	VERB
cblr-1213	336	11	notably	notably	ADV
cblr-1213	336	12	in	in	ADP
cblr-1213	336	13	terms	term	NOUN
cblr-1213	336	14	of	of	ADP
cblr-1213	336	15	their	their	PRON
cblr-1213	336	16	particular	particular	ADJ
cblr-1213	336	17	circumstances	circumstance	NOUN
cblr-1213	336	18	and	and	CCONJ
cblr-1213	336	19	risks	risk	NOUN
cblr-1213	336	20	,	,	PUNCT
cblr-1213	336	21	as	as	ADV
cblr-1213	336	22	well	well	ADV
cblr-1213	336	23	as	as	ADP
cblr-1213	336	24	with	with	ADP
cblr-1213	336	25	respect	respect	NOUN
cblr-1213	336	26	to	to	ADP
cblr-1213	336	27	the	the	DET
cblr-1213	336	28	tools	tool	NOUN
cblr-1213	336	29	funds	fund	NOUN
cblr-1213	336	30	use	use	VERB
cblr-1213	336	31	to	to	PART
cblr-1213	336	32	manage	manage	VERB
cblr-1213	336	33	risks	risk	NOUN
cblr-1213	336	34	relating	relate	VERB
cblr-1213	336	35	to	to	ADP
cblr-1213	336	36	liquidity	liquidity	NOUN
cblr-1213	336	37	and	and	CCONJ
cblr-1213	336	38	shareholder	shareholder	NOUN
cblr-1213	336	39	purchases	purchase	NOUN
cblr-1213	336	40	and	and	CCONJ
cblr-1213	336	41	redemptions	redemption	NOUN
cblr-1213	336	42	,	,	PUNCT
cblr-1213	336	43	we	we	PRON
cblr-1213	336	44	decided	decide	VERB
cblr-1213	336	45	to	to	PART
cblr-1213	336	46	adopt	adopt	VERB
cblr-1213	336	47	a	a	DET
cblr-1213	336	48	rule	rule	NOUN
cblr-1213	336	49	that	that	PRON
cblr-1213	336	50	would	would	AUX
cblr-1213	336	51	permit	permit	VERB
cblr-1213	336	52	swing	swing	NOUN
cblr-1213	336	53	pricing	pricing	NOUN
cblr-1213	336	54	as	as	ADP
cblr-1213	336	55	a	a	DET
cblr-1213	336	56	voluntary	voluntary	ADJ
cblr-1213	336	57	tool	tool	NOUN
cblr-1213	336	58	for	for	ADP
cblr-1213	336	59	funds	fund	NOUN
cblr-1213	336	60	.	.	PUNCT
cblr-1213	336	61	”	"	PUNCT
cblr-1213	336	62	)	)	PUNCT
cblr-1213	336	63	.	.	PUNCT
cblr-1213	337	1	95	95	NUM
cblr-1213	337	2	final	final	ADJ
cblr-1213	337	3	rules	rule	NOUN
cblr-1213	337	4	,	,	PUNCT
cblr-1213	337	5	supra	supra	PROPN
cblr-1213	337	6	note	note	NOUN
cblr-1213	337	7	4	4	NUM
cblr-1213	337	8	,	,	PUNCT
cblr-1213	337	9	at	at	ADP
cblr-1213	337	10	82108	82108	NUM
cblr-1213	337	11	.	.	PUNCT
cblr-1213	338	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	338	2	152	152	NUM
cblr-1213	338	3	columbia	columbia	PROPN
cblr-1213	338	4	business	business	NOUN
cblr-1213	338	5	law	law	PROPN
cblr-1213	338	6	review	review	NOUN
cblr-1213	338	7	[	[	X
cblr-1213	338	8	vol	vol	NOUN
cblr-1213	338	9	.	.	PUNCT
cblr-1213	338	10	2018	2018	NUM
cblr-1213	338	11	2	2	NUM
cblr-1213	338	12	.	.	PUNCT
cblr-1213	338	13	swing	swing	NOUN
cblr-1213	338	14	threshold	threshold	NOUN
cblr-1213	338	15	a	a	DET
cblr-1213	338	16	mutual	mutual	ADJ
cblr-1213	338	17	fund	fund	NOUN
cblr-1213	338	18	that	that	PRON
cblr-1213	338	19	opts	opt	VERB
cblr-1213	338	20	in	in	ADP
cblr-1213	338	21	to	to	PART
cblr-1213	338	22	swing	swing	NOUN
cblr-1213	338	23	pricing	pricing	NOUN
cblr-1213	338	24	must	must	AUX
cblr-1213	338	25	set	set	VERB
cblr-1213	338	26	a	a	DET
cblr-1213	338	27	threshold	threshold	NOUN
cblr-1213	338	28	at	at	ADP
cblr-1213	338	29	which	which	PRON
cblr-1213	338	30	its	its	PRON
cblr-1213	338	31	swing	swing	NOUN
cblr-1213	338	32	pricing	pricing	NOUN
cblr-1213	338	33	procedures	procedure	NOUN
cblr-1213	338	34	are	be	AUX
cblr-1213	338	35	triggered	trigger	VERB
cblr-1213	338	36	and	and	CCONJ
cblr-1213	338	37	nav	nav	NOUN
cblr-1213	338	38	will	will	AUX
cblr-1213	338	39	be	be	AUX
cblr-1213	338	40	adjusted96	adjusted96	NOUN
cblr-1213	338	41	—	—	PUNCT
cblr-1213	338	42	a	a	DET
cblr-1213	338	43	practice	practice	NOUN
cblr-1213	338	44	known	know	VERB
cblr-1213	338	45	as	as	ADP
cblr-1213	338	46	partial	partial	ADJ
cblr-1213	338	47	,	,	PUNCT
cblr-1213	338	48	as	as	SCONJ
cblr-1213	338	49	opposed	oppose	VERB
cblr-1213	338	50	to	to	ADP
cblr-1213	338	51	“	"	PUNCT
cblr-1213	338	52	full	full	ADJ
cblr-1213	338	53	,	,	PUNCT
cblr-1213	338	54	”	"	PUNCT
cblr-1213	338	55	swing	swing	NOUN
cblr-1213	338	56	pricing.97	pricing.97	NOUN
cblr-1213	338	57	whether	whether	SCONJ
cblr-1213	338	58	the	the	DET
cblr-1213	338	59	swing	swing	NOUN
cblr-1213	338	60	pricing	pricing	NOUN
cblr-1213	338	61	rules	rule	NOUN
cblr-1213	338	62	should	should	AUX
cblr-1213	338	63	be	be	AUX
cblr-1213	338	64	partial	partial	ADJ
cblr-1213	338	65	or	or	CCONJ
cblr-1213	338	66	full	full	ADJ
cblr-1213	338	67	was	be	AUX
cblr-1213	338	68	a	a	DET
cblr-1213	338	69	matter	matter	NOUN
cblr-1213	338	70	of	of	ADP
cblr-1213	338	71	debate	debate	NOUN
cblr-1213	338	72	in	in	ADP
cblr-1213	338	73	the	the	DET
cblr-1213	338	74	rule	rule	NOUN
cblr-1213	338	75	comments	comment	NOUN
cblr-1213	338	76	,	,	PUNCT
cblr-1213	338	77	with	with	ADP
cblr-1213	338	78	the	the	DET
cblr-1213	338	79	sec	sec	PROPN
cblr-1213	338	80	electing	elect	VERB
cblr-1213	338	81	a	a	DET
cblr-1213	338	82	partial	partial	ADJ
cblr-1213	338	83	approach	approach	NOUN
cblr-1213	338	84	in	in	ADP
cblr-1213	338	85	the	the	DET
cblr-1213	338	86	proposed	propose	VERB
cblr-1213	338	87	and	and	CCONJ
cblr-1213	338	88	final	final	ADJ
cblr-1213	338	89	rules.98	rules.98	NOUN
cblr-1213	338	90	the	the	DET
cblr-1213	338	91	swing	swing	NOUN
cblr-1213	338	92	threshold	threshold	NOUN
cblr-1213	338	93	is	be	AUX
cblr-1213	338	94	a	a	DET
cblr-1213	338	95	specified	specified	ADJ
cblr-1213	338	96	percentage	percentage	NOUN
cblr-1213	338	97	of	of	ADP
cblr-1213	338	98	a	a	DET
cblr-1213	338	99	fund	fund	NOUN
cblr-1213	338	100	’s	’s	PART
cblr-1213	338	101	nav	nav	NOUN
cblr-1213	338	102	,	,	PUNCT
cblr-1213	338	103	and	and	CCONJ
cblr-1213	338	104	is	be	AUX
cblr-1213	338	105	triggered	trigger	VERB
cblr-1213	338	106	when	when	SCONJ
cblr-1213	338	107	the	the	DET
cblr-1213	338	108	absolute	absolute	ADJ
cblr-1213	338	109	value	value	NOUN
cblr-1213	338	110	of	of	ADP
cblr-1213	338	111	net	net	ADJ
cblr-1213	338	112	purchases	purchase	NOUN
cblr-1213	338	113	and	and	CCONJ
cblr-1213	338	114	redemptions	redemption	NOUN
cblr-1213	338	115	exceeds	exceed	VERB
cblr-1213	338	116	it.99	it.99	PROPN
cblr-1213	338	117	trading	trading	NOUN
cblr-1213	338	118	within	within	ADP
cblr-1213	338	119	the	the	DET
cblr-1213	338	120	mutual	mutual	ADJ
cblr-1213	338	121	fund	fund	NOUN
cblr-1213	338	122	,	,	PUNCT
cblr-1213	338	123	as	as	ADP
cblr-1213	338	124	a	a	DET
cblr-1213	338	125	whole	whole	NOUN
cblr-1213	338	126	,	,	PUNCT
cblr-1213	338	127	as	as	SCONJ
cblr-1213	338	128	opposed	oppose	VERB
cblr-1213	338	129	to	to	ADP
cblr-1213	338	130	within	within	ADP
cblr-1213	338	131	individual	individual	ADJ
cblr-1213	338	132	share	share	NOUN
cblr-1213	338	133	classes	class	NOUN
cblr-1213	338	134	,	,	PUNCT
cblr-1213	338	135	triggers	trigger	VERB
cblr-1213	338	136	the	the	DET
cblr-1213	338	137	threshold.100	threshold.100	PROPN
cblr-1213	338	138	balanced	balanced	ADJ
cblr-1213	338	139	redemptions	redemption	NOUN
cblr-1213	338	140	and	and	CCONJ
cblr-1213	338	141	purchases	purchase	NOUN
cblr-1213	338	142	will	will	AUX
cblr-1213	338	143	not	not	PART
cblr-1213	338	144	trigger	trigger	VERB
cblr-1213	338	145	swing	swing	NOUN
cblr-1213	338	146	pricing	pricing	NOUN
cblr-1213	338	147	because	because	SCONJ
cblr-1213	338	148	the	the	DET
cblr-1213	338	149	regulatory	regulatory	ADJ
cblr-1213	338	150	focus	focus	NOUN
cblr-1213	338	151	is	be	AUX
cblr-1213	338	152	on	on	ADP
cblr-1213	338	153	net	net	ADJ
cblr-1213	338	154	transactions.101	transactions.101	PROPN
cblr-1213	338	155	swing	swing	NOUN
cblr-1213	338	156	pricing	pricing	NOUN
cblr-1213	338	157	will	will	AUX
cblr-1213	338	158	only	only	ADV
cblr-1213	338	159	apply	apply	VERB
cblr-1213	338	160	to	to	ADP
cblr-1213	338	161	significant	significant	ADJ
cblr-1213	338	162	one	one	NUM
cblr-1213	338	163	-	-	PUNCT
cblr-1213	338	164	directional	directional	ADJ
cblr-1213	338	165	trading	trading	NOUN
cblr-1213	338	166	.	.	PUNCT
cblr-1213	339	1	the	the	DET
cblr-1213	339	2	sec	sec	PROPN
cblr-1213	339	3	established	establish	VERB
cblr-1213	339	4	a	a	DET
cblr-1213	339	5	process	process	NOUN
cblr-1213	339	6	to	to	PART
cblr-1213	339	7	set	set	VERB
cblr-1213	339	8	the	the	DET
cblr-1213	339	9	swing	swing	NOUN
cblr-1213	339	10	threshold	threshold	NOUN
cblr-1213	339	11	rather	rather	ADV
cblr-1213	339	12	than	than	ADP
cblr-1213	339	13	prescribing	prescribe	VERB
cblr-1213	339	14	a	a	DET
cblr-1213	339	15	formula	formula	NOUN
cblr-1213	339	16	or	or	CCONJ
cblr-1213	339	17	set	set	VERB
cblr-1213	339	18	percentage	percentage	NOUN
cblr-1213	339	19	for	for	ADP
cblr-1213	339	20	the	the	DET
cblr-1213	339	21	threshold.102	threshold.102	NOUN
cblr-1213	339	22	the	the	DET
cblr-1213	339	23	threshold	threshold	NOUN
cblr-1213	339	24	,	,	PUNCT
cblr-1213	339	25	however	however	ADV
cblr-1213	339	26	,	,	PUNCT
cblr-1213	339	27	must	must	AUX
cblr-1213	339	28	be	be	AUX
cblr-1213	339	29	greater	great	ADJ
cblr-1213	339	30	than	than	ADP
cblr-1213	339	31	96	96	NUM
cblr-1213	339	32	final	final	ADJ
cblr-1213	339	33	rules	rule	NOUN
cblr-1213	339	34	,	,	PUNCT
cblr-1213	339	35	supra	supra	PROPN
cblr-1213	339	36	note	note	NOUN
cblr-1213	339	37	4	4	NUM
cblr-1213	339	38	,	,	PUNCT
cblr-1213	339	39	at	at	ADP
cblr-1213	339	40	82088	82088	NUM
cblr-1213	339	41	.	.	PUNCT
cblr-1213	340	1	97	97	NUM
cblr-1213	340	2	see	see	VERB
cblr-1213	340	3	alfi	alfi	PROPN
cblr-1213	340	4	2015	2015	NUM
cblr-1213	340	5	survey	survey	NOUN
cblr-1213	340	6	,	,	PUNCT
cblr-1213	340	7	supra	supra	PROPN
cblr-1213	340	8	note	note	NOUN
cblr-1213	340	9	58	58	NUM
cblr-1213	340	10	,	,	PUNCT
cblr-1213	340	11	at	at	ADP
cblr-1213	340	12	4	4	NUM
cblr-1213	340	13	(	(	PUNCT
cblr-1213	340	14	“	"	PUNCT
cblr-1213	340	15	swing	swing	NOUN
cblr-1213	340	16	pricing	pricing	NOUN
cblr-1213	340	17	has	have	VERB
cblr-1213	340	18	two	two	NUM
cblr-1213	340	19	distinct	distinct	ADJ
cblr-1213	340	20	forms	form	NOUN
cblr-1213	340	21	:	:	PUNCT
cblr-1213	340	22	first	first	ADV
cblr-1213	340	23	,	,	PUNCT
cblr-1213	340	24	the	the	DET
cblr-1213	340	25	‘	'	PUNCT
cblr-1213	340	26	full	full	ADJ
cblr-1213	340	27	’	'	PUNCT
cblr-1213	340	28	swing	swing	NOUN
cblr-1213	340	29	method	method	NOUN
cblr-1213	340	30	,	,	PUNCT
cblr-1213	340	31	whereby	whereby	SCONJ
cblr-1213	340	32	the	the	DET
cblr-1213	340	33	nav	nav	NOUN
cblr-1213	340	34	adjusts	adjust	VERB
cblr-1213	340	35	up	up	ADP
cblr-1213	340	36	or	or	CCONJ
cblr-1213	340	37	down	down	ADP
cblr-1213	340	38	every	every	DET
cblr-1213	340	39	nav	nav	NOUN
cblr-1213	340	40	calculation	calculation	NOUN
cblr-1213	340	41	day	day	NOUN
cblr-1213	340	42	based	base	VERB
cblr-1213	340	43	on	on	ADP
cblr-1213	340	44	the	the	DET
cblr-1213	340	45	direction	direction	NOUN
cblr-1213	340	46	of	of	ADP
cblr-1213	340	47	net	net	ADJ
cblr-1213	340	48	capital	capital	NOUN
cblr-1213	340	49	activity	activity	NOUN
cblr-1213	340	50	regardless	regardless	ADV
cblr-1213	340	51	of	of	ADP
cblr-1213	340	52	the	the	DET
cblr-1213	340	53	size	size	NOUN
cblr-1213	340	54	of	of	ADP
cblr-1213	340	55	shareholder	shareholder	NOUN
cblr-1213	340	56	dealing	dealing	NOUN
cblr-1213	340	57	;	;	PUNCT
cblr-1213	340	58	second	second	X
cblr-1213	340	59	,	,	PUNCT
cblr-1213	340	60	the	the	DET
cblr-1213	340	61	‘	'	PUNCT
cblr-1213	340	62	partial	partial	ADJ
cblr-1213	340	63	’	'	PUNCT
cblr-1213	340	64	swing	swing	NOUN
cblr-1213	340	65	method	method	NOUN
cblr-1213	340	66	that	that	PRON
cblr-1213	340	67	is	be	AUX
cblr-1213	340	68	only	only	ADV
cblr-1213	340	69	invoked	invoke	VERB
cblr-1213	340	70	when	when	SCONJ
cblr-1213	340	71	the	the	DET
cblr-1213	340	72	net	net	ADJ
cblr-1213	340	73	capital	capital	NOUN
cblr-1213	340	74	activity	activity	NOUN
cblr-1213	340	75	is	be	AUX
cblr-1213	340	76	greater	great	ADJ
cblr-1213	340	77	than	than	ADP
cblr-1213	340	78	a	a	DET
cblr-1213	340	79	pre	pre	ADJ
cblr-1213	340	80	-	-	ADJ
cblr-1213	340	81	determined	determined	ADJ
cblr-1213	340	82	threshold	threshold	NOUN
cblr-1213	340	83	.	.	PUNCT
cblr-1213	340	84	.	.	PUNCT
cblr-1213	340	85	.	.	PUNCT
cblr-1213	340	86	.	.	PUNCT
cblr-1213	340	87	”	"	PUNCT
cblr-1213	340	88	)	)	PUNCT
cblr-1213	340	89	.	.	PUNCT
cblr-1213	341	1	98	98	NUM
cblr-1213	341	2	invesco	invesco	PROPN
cblr-1213	341	3	,	,	PUNCT
cblr-1213	341	4	comment	comment	NOUN
cblr-1213	341	5	letter	letter	NOUN
cblr-1213	341	6	on	on	ADP
cblr-1213	341	7	liquidity	liquidity	NOUN
cblr-1213	341	8	management	management	NOUN
cblr-1213	341	9	6	6	NUM
cblr-1213	341	10	(	(	PUNCT
cblr-1213	341	11	jan	jan	PROPN
cblr-1213	341	12	.	.	PROPN
cblr-1213	341	13	13	13	NUM
cblr-1213	341	14	,	,	PUNCT
cblr-1213	341	15	2016	2016	NUM
cblr-1213	341	16	)	)	PUNCT
cblr-1213	341	17	,	,	PUNCT
cblr-1213	341	18	https://www.sec.gov/comments/s7-16-15/s71615-75.pdf	https://www.sec.gov/comments/s7-16-15/s71615-75.pdf	NOUN
cblr-1213	341	19	[	[	X
cblr-1213	341	20	perma.cc/	perma.cc/	NOUN
cblr-1213	341	21	gv2y	gv2y	NOUN
cblr-1213	341	22	-	-	PUNCT
cblr-1213	341	23	lw7k	lw7k	PROPN
cblr-1213	341	24	]	]	PUNCT
cblr-1213	341	25	(	(	PUNCT
cblr-1213	341	26	stating	state	VERB
cblr-1213	341	27	that	that	SCONJ
cblr-1213	341	28	it	it	PRON
cblr-1213	341	29	should	should	AUX
cblr-1213	341	30	be	be	AUX
cblr-1213	341	31	mandatory	mandatory	ADJ
cblr-1213	341	32	,	,	PUNCT
cblr-1213	341	33	partial	partial	ADJ
cblr-1213	341	34	swing	swing	NOUN
cblr-1213	341	35	pricing	pricing	NOUN
cblr-1213	341	36	in	in	ADP
cblr-1213	341	37	order	order	NOUN
cblr-1213	341	38	to	to	PART
cblr-1213	341	39	encourage	encourage	VERB
cblr-1213	341	40	implementation	implementation	NOUN
cblr-1213	341	41	and	and	CCONJ
cblr-1213	341	42	avoid	avoid	VERB
cblr-1213	341	43	the	the	DET
cblr-1213	341	44	equalization	equalization	NOUN
cblr-1213	341	45	critiques	critique	NOUN
cblr-1213	341	46	raised	raise	VERB
cblr-1213	341	47	below	below	ADP
cblr-1213	341	48	)	)	PUNCT
cblr-1213	341	49	.	.	PUNCT
cblr-1213	342	1	99	99	NUM
cblr-1213	342	2	final	final	ADJ
cblr-1213	342	3	rules	rule	NOUN
cblr-1213	342	4	,	,	PUNCT
cblr-1213	342	5	supra	supra	PROPN
cblr-1213	342	6	note	note	NOUN
cblr-1213	342	7	4	4	NUM
cblr-1213	342	8	,	,	PUNCT
cblr-1213	342	9	at	at	ADP
cblr-1213	342	10	82120	82120	NUM
cblr-1213	342	11	.	.	PUNCT
cblr-1213	343	1	100	100	NUM
cblr-1213	344	1	i	i	PRON
cblr-1213	344	2	d.	d.	PROPN
cblr-1213	344	3	at	at	ADP
cblr-1213	344	4	82099	82099	NUM
cblr-1213	344	5	(	(	PUNCT
cblr-1213	344	6	“	"	PUNCT
cblr-1213	344	7	[	[	X
cblr-1213	344	8	b]ecause	b]ecause	ADP
cblr-1213	344	9	the	the	DET
cblr-1213	344	10	economic	economic	ADJ
cblr-1213	344	11	activity	activity	NOUN
cblr-1213	344	12	causing	cause	VERB
cblr-1213	344	13	dilution	dilution	NOUN
cblr-1213	344	14	occurs	occur	VERB
cblr-1213	344	15	at	at	ADP
cblr-1213	344	16	the	the	DET
cblr-1213	344	17	fund	fund	NOUN
cblr-1213	344	18	level	level	NOUN
cblr-1213	344	19	,	,	PUNCT
cblr-1213	344	20	it	it	PRON
cblr-1213	344	21	would	would	AUX
cblr-1213	344	22	not	not	PART
cblr-1213	344	23	be	be	AUX
cblr-1213	344	24	appropriate	appropriate	ADJ
cblr-1213	344	25	to	to	PART
cblr-1213	344	26	employ	employ	VERB
cblr-1213	344	27	swing	swing	NOUN
cblr-1213	344	28	pricing	pricing	NOUN
cblr-1213	344	29	at	at	ADP
cblr-1213	344	30	the	the	DET
cblr-1213	344	31	share	share	NOUN
cblr-1213	344	32	class	class	NOUN
cblr-1213	344	33	level	level	NOUN
cblr-1213	344	34	to	to	PART
cblr-1213	344	35	target	target	VERB
cblr-1213	344	36	such	such	ADJ
cblr-1213	344	37	dilution	dilution	NOUN
cblr-1213	344	38	.	.	PUNCT
cblr-1213	344	39	”	"	PUNCT
cblr-1213	344	40	)	)	PUNCT
cblr-1213	344	41	.	.	PUNCT
cblr-1213	345	1	101	101	NUM
cblr-1213	346	1	i	i	PRON
cblr-1213	346	2	d.	d.	PROPN
cblr-1213	346	3	at	at	ADP
cblr-1213	346	4	82128	82128	NUM
cblr-1213	346	5	.	.	PUNCT
cblr-1213	347	1	note	note	VERB
cblr-1213	347	2	that	that	SCONJ
cblr-1213	347	3	the	the	DET
cblr-1213	347	4	sec	sec	PROPN
cblr-1213	347	5	rejected	reject	VERB
cblr-1213	347	6	comment	comment	NOUN
cblr-1213	347	7	suggestions	suggestion	NOUN
cblr-1213	347	8	that	that	SCONJ
cblr-1213	347	9	only	only	ADV
cblr-1213	347	10	net	net	ADJ
cblr-1213	347	11	redemptions	redemption	NOUN
cblr-1213	347	12	(	(	PUNCT
cblr-1213	347	13	as	as	SCONJ
cblr-1213	347	14	opposed	oppose	VERB
cblr-1213	347	15	to	to	ADP
cblr-1213	347	16	net	net	ADJ
cblr-1213	347	17	subscriptions	subscription	NOUN
cblr-1213	347	18	or	or	CCONJ
cblr-1213	347	19	redemptions	redemption	NOUN
cblr-1213	347	20	)	)	PUNCT
cblr-1213	347	21	trigger	trigger	NOUN
cblr-1213	347	22	the	the	DET
cblr-1213	347	23	swing	swing	NOUN
cblr-1213	347	24	pricing	pricing	NOUN
cblr-1213	347	25	threshold	threshold	NOUN
cblr-1213	347	26	.	.	PUNCT
cblr-1213	348	1	i	i	PRON
cblr-1213	348	2	d.	d.	PROPN
cblr-1213	348	3	at	at	ADP
cblr-1213	348	4	82097–98	82097–98	NUM
cblr-1213	348	5	.	.	PUNCT
cblr-1213	349	1	102	102	NUM
cblr-1213	349	2	i	i	PRON
cblr-1213	349	3	d.	d.	PROPN
cblr-1213	349	4	at	at	ADP
cblr-1213	349	5	82095	82095	NUM
cblr-1213	349	6	,	,	PUNCT
cblr-1213	349	7	82097	82097	NUM
cblr-1213	349	8	(	(	PUNCT
cblr-1213	349	9	“	"	PUNCT
cblr-1213	349	10	on	on	ADP
cblr-1213	349	11	balance	balance	NOUN
cblr-1213	349	12	,	,	PUNCT
cblr-1213	349	13	we	we	PRON
cblr-1213	349	14	[	[	X
cblr-1213	349	15	the	the	DET
cblr-1213	349	16	sec	sec	PROPN
cblr-1213	349	17	]	]	PUNCT
cblr-1213	349	18	continue	continue	VERB
cblr-1213	349	19	to	to	PART
cblr-1213	349	20	believe	believe	VERB
cblr-1213	349	21	that	that	SCONJ
cblr-1213	349	22	setting	set	VERB
cblr-1213	349	23	a	a	DET
cblr-1213	349	24	minimum	minimum	ADJ
cblr-1213	349	25	threshold	threshold	NOUN
cblr-1213	349	26	for	for	ADP
cblr-1213	349	27	all	all	DET
cblr-1213	349	28	funds	fund	NOUN
cblr-1213	349	29	would	would	AUX
cblr-1213	349	30	not	not	PART
cblr-1213	349	31	be	be	AUX
cblr-1213	349	32	appropriate	appropriate	ADJ
cblr-1213	349	33	,	,	PUNCT
cblr-1213	349	34	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	349	35	no	no	NOUN
cblr-1213	349	36	.	.	PUNCT
cblr-1213	350	1	1:130	1:130	NUM
cblr-1213	350	2	]	]	X
cblr-1213	350	3	will	will	AUX
cblr-1213	350	4	swing	swing	VERB
cblr-1213	350	5	pricing	pricing	NOUN
cblr-1213	350	6	save	save	VERB
cblr-1213	350	7	sedentary	sedentary	ADJ
cblr-1213	350	8	shareholders	shareholder	NOUN
cblr-1213	350	9	?	?	PUNCT
cblr-1213	351	1	153	153	NUM
cblr-1213	351	2	zero.103	zero.103	NUM
cblr-1213	351	3	funds	fund	NOUN
cblr-1213	351	4	using	use	VERB
cblr-1213	351	5	swing	swing	NOUN
cblr-1213	351	6	pricing	pricing	NOUN
cblr-1213	351	7	must	must	AUX
cblr-1213	351	8	determine	determine	VERB
cblr-1213	351	9	their	their	PRON
cblr-1213	351	10	own	own	ADJ
cblr-1213	351	11	swing	swing	NOUN
cblr-1213	351	12	threshold	threshold	NOUN
cblr-1213	351	13	based	base	VERB
cblr-1213	351	14	on	on	ADP
cblr-1213	351	15	fund	fund	NOUN
cblr-1213	351	16	size	size	NOUN
cblr-1213	351	17	,	,	PUNCT
cblr-1213	351	18	cash	cash	NOUN
cblr-1213	351	19	and	and	CCONJ
cblr-1213	351	20	cash	cash	NOUN
cblr-1213	351	21	equivalents	equivalent	NOUN
cblr-1213	351	22	,	,	PUNCT
cblr-1213	351	23	borrowing	borrowing	NOUN
cblr-1213	351	24	,	,	PUNCT
cblr-1213	351	25	and	and	CCONJ
cblr-1213	351	26	historical	historical	ADJ
cblr-1213	351	27	purchase	purchase	NOUN
cblr-1213	351	28	and	and	CCONJ
cblr-1213	351	29	redemption	redemption	NOUN
cblr-1213	351	30	activities	activity	NOUN
cblr-1213	351	31	,	,	PUNCT
cblr-1213	351	32	among	among	ADP
cblr-1213	351	33	other	other	ADJ
cblr-1213	351	34	factors.104	factors.104	NOUN
cblr-1213	351	35	the	the	DET
cblr-1213	351	36	sec	sec	PROPN
cblr-1213	351	37	identifies	identify	VERB
cblr-1213	351	38	four	four	NUM
cblr-1213	351	39	non	non	ADJ
cblr-1213	351	40	-	-	ADJ
cblr-1213	351	41	exhaustive	exhaustive	ADJ
cblr-1213	351	42	“	"	PUNCT
cblr-1213	351	43	factors	factor	NOUN
cblr-1213	351	44	”	"	PUNCT
cblr-1213	351	45	for	for	ADP
cblr-1213	351	46	consideration	consideration	NOUN
cblr-1213	351	47	in	in	ADP
cblr-1213	351	48	setting	set	VERB
cblr-1213	351	49	the	the	DET
cblr-1213	351	50	threshold.105	threshold.105	NOUN
cblr-1213	351	51	these	these	DET
cblr-1213	351	52	factors	factor	NOUN
cblr-1213	351	53	include	include	VERB
cblr-1213	351	54	fund	fund	NOUN
cblr-1213	351	55	portfolio	portfolio	NOUN
cblr-1213	351	56	contents	content	NOUN
cblr-1213	351	57	and	and	CCONJ
cblr-1213	351	58	history	history	NOUN
cblr-1213	351	59	,	,	PUNCT
cblr-1213	351	60	investment	investment	NOUN
cblr-1213	351	61	strategy	strategy	NOUN
cblr-1213	351	62	and	and	CCONJ
cblr-1213	351	63	likely	likely	ADJ
cblr-1213	351	64	transaction	transaction	NOUN
cblr-1213	351	65	costs	cost	NOUN
cblr-1213	351	66	,	,	PUNCT
cblr-1213	351	67	and	and	CCONJ
cblr-1213	351	68	cash	cash	NOUN
cblr-1213	351	69	holdings.106	holdings.106	NOUN
cblr-1213	351	70	two	two	NUM
cblr-1213	351	71	factors	factor	NOUN
cblr-1213	351	72	—	—	PUNCT
cblr-1213	351	73	investment	investment	NOUN
cblr-1213	351	74	strategy	strategy	NOUN
cblr-1213	351	75	and	and	CCONJ
cblr-1213	351	76	cash	cash	NOUN
cblr-1213	351	77	—	—	PUNCT
cblr-1213	351	78	overlap	overlap	NOUN
cblr-1213	351	79	with	with	ADP
cblr-1213	351	80	the	the	DET
cblr-1213	351	81	liquidity	liquidity	NOUN
cblr-1213	351	82	risk	risk	NOUN
cblr-1213	351	83	assessment	assessment	NOUN
cblr-1213	351	84	components	component	NOUN
cblr-1213	351	85	required	require	VERB
cblr-1213	351	86	under	under	ADP
cblr-1213	351	87	the	the	DET
cblr-1213	351	88	suite	suite	NOUN
cblr-1213	351	89	of	of	ADP
cblr-1213	351	90	new	new	ADJ
cblr-1213	351	91	liquidity	liquidity	NOUN
cblr-1213	351	92	regulations.107	regulations.107	VERB
cblr-1213	351	93	first	first	ADV
cblr-1213	351	94	,	,	PUNCT
cblr-1213	351	95	a	a	DET
cblr-1213	351	96	fund	fund	NOUN
cblr-1213	351	97	should	should	AUX
cblr-1213	351	98	evaluate	evaluate	VERB
cblr-1213	351	99	the	the	DET
cblr-1213	351	100	“	"	PUNCT
cblr-1213	351	101	size	size	NOUN
cblr-1213	351	102	,	,	PUNCT
cblr-1213	351	103	frequency	frequency	NOUN
cblr-1213	351	104	,	,	PUNCT
cblr-1213	351	105	and	and	CCONJ
cblr-1213	351	106	volatility	volatility	NOUN
cblr-1213	351	107	of	of	ADP
cblr-1213	351	108	historical	historical	ADJ
cblr-1213	351	109	net	net	ADJ
cblr-1213	351	110	purchases	purchase	NOUN
cblr-1213	351	111	or	or	CCONJ
cblr-1213	351	112	net	net	ADJ
cblr-1213	351	113	redemption	redemption	NOUN
cblr-1213	351	114	of	of	ADP
cblr-1213	351	115	fund	fund	NOUN
cblr-1213	351	116	shares	share	NOUN
cblr-1213	351	117	during	during	ADP
cblr-1213	351	118	normal	normal	ADJ
cblr-1213	351	119	and	and	CCONJ
cblr-1213	351	120	stressed	stressed	ADJ
cblr-1213	351	121	periods	period	NOUN
cblr-1213	351	122	.	.	PUNCT
cblr-1213	351	123	”108	”108	PUNCT
cblr-1213	351	124	for	for	ADP
cblr-1213	351	125	example	example	NOUN
cblr-1213	351	126	,	,	PUNCT
cblr-1213	351	127	consider	consider	VERB
cblr-1213	351	128	a	a	DET
cblr-1213	351	129	smaller	small	ADJ
cblr-1213	351	130	fund	fund	NOUN
cblr-1213	351	131	with	with	ADP
cblr-1213	351	132	a	a	DET
cblr-1213	351	133	shareholder	shareholder	NOUN
cblr-1213	351	134	who	who	PRON
cblr-1213	351	135	controls	control	VERB
cblr-1213	351	136	over	over	ADP
cblr-1213	351	137	fifty	fifty	NUM
cblr-1213	351	138	percent	percent	NOUN
cblr-1213	351	139	of	of	ADP
cblr-1213	351	140	the	the	DET
cblr-1213	351	141	fund	fund	NOUN
cblr-1213	351	142	.	.	PUNCT
cblr-1213	352	1	the	the	DET
cblr-1213	352	2	fund	fund	NOUN
cblr-1213	352	3	could	could	AUX
cblr-1213	352	4	experience	experience	VERB
cblr-1213	352	5	an	an	DET
cblr-1213	352	6	infrequent	infrequent	ADJ
cblr-1213	352	7	but	but	CCONJ
cblr-1213	352	8	significant	significant	ADJ
cblr-1213	352	9	redemption	redemption	NOUN
cblr-1213	352	10	,	,	PUNCT
cblr-1213	352	11	versus	versus	ADP
cblr-1213	352	12	a	a	DET
cblr-1213	352	13	large	large	ADJ
cblr-1213	352	14	fund	fund	NOUN
cblr-1213	352	15	with	with	ADP
cblr-1213	352	16	a	a	DET
cblr-1213	352	17	diverse	diverse	ADJ
cblr-1213	352	18	base	base	NOUN
cblr-1213	352	19	of	of	ADP
cblr-1213	352	20	shareholder	shareholder	NOUN
cblr-1213	352	21	constituents	constituent	NOUN
cblr-1213	352	22	who	who	PRON
cblr-1213	352	23	trade	trade	VERB
cblr-1213	352	24	frequently	frequently	ADV
cblr-1213	352	25	.	.	PUNCT
cblr-1213	353	1	the	the	DET
cblr-1213	353	2	swing	swing	NOUN
cblr-1213	353	3	threshold	threshold	NOUN
cblr-1213	353	4	for	for	ADP
cblr-1213	353	5	each	each	DET
cblr-1213	353	6	fund	fund	NOUN
cblr-1213	353	7	would	would	AUX
cblr-1213	353	8	differ	differ	VERB
cblr-1213	353	9	based	base	VERB
cblr-1213	353	10	upon	upon	SCONJ
cblr-1213	353	11	investor	investor	NOUN
cblr-1213	353	12	flow	flow	NOUN
cblr-1213	353	13	expectations	expectation	NOUN
cblr-1213	353	14	.	.	PUNCT
cblr-1213	354	1	this	this	DET
cblr-1213	354	2	factor	factor	NOUN
cblr-1213	354	3	also	also	ADV
cblr-1213	354	4	indicates	indicate	VERB
cblr-1213	354	5	that	that	SCONJ
cblr-1213	354	6	an	an	DET
cblr-1213	354	7	investment	investment	NOUN
cblr-1213	354	8	adviser	adviser	NOUN
cblr-1213	354	9	who	who	PRON
cblr-1213	354	10	manages	manage	VERB
cblr-1213	354	11	multiple	multiple	ADJ
cblr-1213	354	12	funds	fund	NOUN
cblr-1213	354	13	in	in	ADP
cblr-1213	354	14	the	the	DET
cblr-1213	354	15	same	same	ADJ
cblr-1213	354	16	fund	fund	NOUN
cblr-1213	354	17	family	family	NOUN
cblr-1213	354	18	may	may	AUX
cblr-1213	354	19	consider	consider	VERB
cblr-1213	354	20	a	a	DET
cblr-1213	354	21	different	different	ADJ
cblr-1213	354	22	threshold	threshold	NOUN
cblr-1213	354	23	for	for	ADP
cblr-1213	354	24	each	each	DET
cblr-1213	354	25	fund.109	fund.109	ADJ
cblr-1213	354	26	and	and	CCONJ
cblr-1213	354	27	that	that	SCONJ
cblr-1213	354	28	funds	fund	NOUN
cblr-1213	354	29	should	should	AUX
cblr-1213	354	30	be	be	AUX
cblr-1213	354	31	provided	provide	VERB
cblr-1213	354	32	the	the	DET
cblr-1213	354	33	flexibility	flexibility	NOUN
cblr-1213	354	34	to	to	PART
cblr-1213	354	35	implement	implement	VERB
cblr-1213	354	36	swing	swing	NOUN
cblr-1213	354	37	pricing	pricing	NOUN
cblr-1213	354	38	at	at	ADP
cblr-1213	354	39	a	a	DET
cblr-1213	354	40	threshold	threshold	NOUN
cblr-1213	354	41	level	level	NOUN
cblr-1213	354	42	that	that	PRON
cblr-1213	354	43	best	well	ADV
cblr-1213	354	44	fits	fit	VERB
cblr-1213	354	45	their	their	PRON
cblr-1213	354	46	particular	particular	ADJ
cblr-1213	354	47	circumstances	circumstance	NOUN
cblr-1213	354	48	based	base	VERB
cblr-1213	354	49	on	on	ADP
cblr-1213	354	50	the	the	DET
cblr-1213	354	51	required	require	VERB
cblr-1213	354	52	factors	factor	NOUN
cblr-1213	354	53	and	and	CCONJ
cblr-1213	354	54	the	the	DET
cblr-1213	354	55	guidance	guidance	NOUN
cblr-1213	354	56	set	set	VERB
cblr-1213	354	57	forth	forth	ADP
cblr-1213	354	58	herein	herein	NOUN
cblr-1213	354	59	.	.	PUNCT
cblr-1213	354	60	”	"	PUNCT
cblr-1213	354	61	)	)	PUNCT
cblr-1213	354	62	.	.	PUNCT
cblr-1213	355	1	103	103	NUM
cblr-1213	355	2	final	final	ADJ
cblr-1213	355	3	rules	rule	NOUN
cblr-1213	355	4	,	,	PUNCT
cblr-1213	355	5	supra	supra	PROPN
cblr-1213	355	6	note	note	NOUN
cblr-1213	355	7	4	4	NUM
cblr-1213	355	8	,	,	PUNCT
cblr-1213	355	9	at	at	ADP
cblr-1213	355	10	82097	82097	NUM
cblr-1213	355	11	.	.	PUNCT
cblr-1213	356	1	104	104	NUM
cblr-1213	356	2	final	final	ADJ
cblr-1213	356	3	rules	rule	NOUN
cblr-1213	356	4	supra	supra	PROPN
cblr-1213	356	5	note	note	PROPN
cblr-1213	356	6	4	4	NUM
cblr-1213	356	7	,	,	PUNCT
cblr-1213	356	8	at	at	ADP
cblr-1213	356	9	82095	82095	NUM
cblr-1213	356	10	.	.	PUNCT
cblr-1213	357	1	105	105	NUM
cblr-1213	358	1	i	i	PRON
cblr-1213	358	2	d.	d.	PROPN
cblr-1213	358	3	see	see	VERB
cblr-1213	358	4	also	also	ADV
cblr-1213	358	5	i	i	PROPN
cblr-1213	358	6	d.	d.	PROPN
cblr-1213	358	7	at	at	ADP
cblr-1213	358	8	82096	82096	NUM
cblr-1213	358	9	(	(	PUNCT
cblr-1213	358	10	“	"	PUNCT
cblr-1213	358	11	the	the	DET
cblr-1213	358	12	rule	rule	NOUN
cblr-1213	358	13	does	do	AUX
cblr-1213	358	14	not	not	PART
cblr-1213	358	15	preclude	preclude	VERB
cblr-1213	358	16	a	a	DET
cblr-1213	358	17	fund	fund	NOUN
cblr-1213	358	18	from	from	ADP
cblr-1213	358	19	considering	consider	VERB
cblr-1213	358	20	other	other	ADJ
cblr-1213	358	21	factors	factor	NOUN
cblr-1213	358	22	that	that	SCONJ
cblr-1213	358	23	the	the	DET
cblr-1213	358	24	fund	fund	NOUN
cblr-1213	358	25	believes	believe	VERB
cblr-1213	358	26	may	may	AUX
cblr-1213	358	27	be	be	AUX
cblr-1213	358	28	relevant	relevant	ADJ
cblr-1213	358	29	.	.	PUNCT
cblr-1213	358	30	”	"	PUNCT
cblr-1213	358	31	)	)	PUNCT
cblr-1213	358	32	.	.	PUNCT
cblr-1213	359	1	106	106	NUM
cblr-1213	359	2	final	final	ADJ
cblr-1213	359	3	rules	rule	NOUN
cblr-1213	359	4	supra	supra	PROPN
cblr-1213	359	5	note	note	PROPN
cblr-1213	359	6	4	4	NUM
cblr-1213	359	7	,	,	PUNCT
cblr-1213	359	8	at	at	ADP
cblr-1213	359	9	82095	82095	NUM
cblr-1213	359	10	.	.	PUNCT
cblr-1213	360	1	107	107	NUM
cblr-1213	360	2	final	final	ADJ
cblr-1213	360	3	rules	rule	NOUN
cblr-1213	360	4	,	,	PUNCT
cblr-1213	360	5	supra	supra	PROPN
cblr-1213	360	6	note	note	NOUN
cblr-1213	360	7	4	4	NUM
cblr-1213	360	8	,	,	PUNCT
cblr-1213	360	9	at	at	ADP
cblr-1213	360	10	82096	82096	NUM
cblr-1213	360	11	(	(	PUNCT
cblr-1213	360	12	describing	describe	VERB
cblr-1213	360	13	the	the	DET
cblr-1213	360	14	overlap	overlap	NOUN
cblr-1213	360	15	as	as	ADP
cblr-1213	360	16	“	"	PUNCT
cblr-1213	360	17	not	not	PART
cblr-1213	360	18	surprising	surprising	ADJ
cblr-1213	360	19	,	,	PUNCT
cblr-1213	360	20	because	because	SCONJ
cblr-1213	360	21	evaluating	evaluate	VERB
cblr-1213	360	22	a	a	DET
cblr-1213	360	23	fund	fund	NOUN
cblr-1213	360	24	’s	’s	PART
cblr-1213	360	25	liquidity	liquidity	NOUN
cblr-1213	360	26	risk	risk	NOUN
cblr-1213	360	27	may	may	AUX
cblr-1213	360	28	be	be	AUX
cblr-1213	360	29	relevant	relevant	ADJ
cblr-1213	360	30	to	to	ADP
cblr-1213	360	31	determining	determine	VERB
cblr-1213	360	32	the	the	DET
cblr-1213	360	33	fund	fund	NOUN
cblr-1213	360	34	’s	’s	PART
cblr-1213	360	35	swing	swing	NOUN
cblr-1213	360	36	threshold	threshold	NOUN
cblr-1213	360	37	”	"	PUNCT
cblr-1213	360	38	)	)	PUNCT
cblr-1213	360	39	.	.	PUNCT
cblr-1213	361	1	108	108	NUM
cblr-1213	361	2	final	final	ADJ
cblr-1213	361	3	rules	rule	NOUN
cblr-1213	361	4	,	,	PUNCT
cblr-1213	361	5	supra	supra	PROPN
cblr-1213	361	6	note	note	NOUN
cblr-1213	361	7	4	4	NUM
cblr-1213	361	8	,	,	PUNCT
cblr-1213	361	9	at	at	ADP
cblr-1213	361	10	82095	82095	NUM
cblr-1213	361	11	.	.	PUNCT
cblr-1213	362	1	109	109	NUM
cblr-1213	362	2	for	for	ADP
cblr-1213	362	3	example	example	NOUN
cblr-1213	362	4	,	,	PUNCT
cblr-1213	362	5	if	if	SCONJ
cblr-1213	362	6	an	an	DET
cblr-1213	362	7	investment	investment	NOUN
cblr-1213	362	8	adviser	adviser	NOUN
cblr-1213	362	9	manages	manage	VERB
cblr-1213	362	10	a	a	DET
cblr-1213	362	11	large	large	ADJ
cblr-1213	362	12	cap	cap	NOUN
cblr-1213	362	13	equity	equity	NOUN
cblr-1213	362	14	fund	fund	PROPN
cblr-1213	362	15	(	(	PUNCT
cblr-1213	362	16	highly	highly	ADV
cblr-1213	362	17	liquid	liquid	ADJ
cblr-1213	362	18	)	)	PUNCT
cblr-1213	362	19	with	with	ADP
cblr-1213	362	20	infrequent	infrequent	ADJ
cblr-1213	362	21	flows	flow	NOUN
cblr-1213	362	22	,	,	PUNCT
cblr-1213	362	23	a	a	DET
cblr-1213	362	24	small	small	ADJ
cblr-1213	362	25	cap	cap	NOUN
cblr-1213	362	26	equity	equity	NOUN
cblr-1213	362	27	fund	fund	PROPN
cblr-1213	362	28	(	(	PUNCT
cblr-1213	362	29	less	less	ADV
cblr-1213	362	30	liquid	liquid	NOUN
cblr-1213	362	31	)	)	PUNCT
cblr-1213	362	32	with	with	ADP
cblr-1213	362	33	large	large	ADJ
cblr-1213	362	34	flows	flow	NOUN
cblr-1213	362	35	,	,	PUNCT
cblr-1213	362	36	and	and	CCONJ
cblr-1213	362	37	an	an	DET
cblr-1213	362	38	alternative	alternative	ADJ
cblr-1213	362	39	fund	fund	NOUN
cblr-1213	362	40	(	(	PUNCT
cblr-1213	362	41	least	least	ADV
cblr-1213	362	42	liquid	liquid	ADJ
cblr-1213	362	43	)	)	PUNCT
cblr-1213	362	44	with	with	ADP
cblr-1213	362	45	constant	constant	ADJ
cblr-1213	362	46	flows	flow	NOUN
cblr-1213	362	47	,	,	PUNCT
cblr-1213	362	48	the	the	DET
cblr-1213	362	49	adviser	adviser	NOUN
cblr-1213	362	50	may	may	AUX
cblr-1213	362	51	choose	choose	VERB
cblr-1213	362	52	a	a	DET
cblr-1213	362	53	different	different	ADJ
cblr-1213	362	54	threshold	threshold	NOUN
cblr-1213	362	55	for	for	ADP
cblr-1213	362	56	each	each	PRON
cblr-1213	362	57	based	base	VERB
cblr-1213	362	58	on	on	ADP
cblr-1213	362	59	each	each	DET
cblr-1213	362	60	fund	fund	NOUN
cblr-1213	362	61	’s	’s	PART
cblr-1213	362	62	unique	unique	ADJ
cblr-1213	362	63	characteristics	characteristic	NOUN
cblr-1213	362	64	.	.	PUNCT
cblr-1213	363	1	an	an	DET
cblr-1213	363	2	investment	investment	NOUN
cblr-1213	363	3	advisor	advisor	NOUN
cblr-1213	363	4	may	may	AUX
cblr-1213	363	5	manage	manage	VERB
cblr-1213	363	6	a	a	DET
cblr-1213	363	7	variety	variety	NOUN
cblr-1213	363	8	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	363	9	154	154	NUM
cblr-1213	363	10	columbia	columbia	PROPN
cblr-1213	363	11	business	business	NOUN
cblr-1213	363	12	law	law	PROPN
cblr-1213	363	13	review	review	NOUN
cblr-1213	363	14	[	[	X
cblr-1213	363	15	vol	vol	NOUN
cblr-1213	363	16	.	.	PUNCT
cblr-1213	363	17	2018	2018	NUM
cblr-1213	363	18	second	second	ADJ
cblr-1213	363	19	,	,	PUNCT
cblr-1213	363	20	a	a	DET
cblr-1213	363	21	mutual	mutual	ADJ
cblr-1213	363	22	fund	fund	NOUN
cblr-1213	363	23	must	must	AUX
cblr-1213	363	24	consider	consider	VERB
cblr-1213	363	25	its	its	PRON
cblr-1213	363	26	“	"	PUNCT
cblr-1213	363	27	investment	investment	NOUN
cblr-1213	363	28	strategy	strategy	NOUN
cblr-1213	363	29	and	and	CCONJ
cblr-1213	363	30	the	the	DET
cblr-1213	363	31	liquidity	liquidity	NOUN
cblr-1213	363	32	of	of	ADP
cblr-1213	363	33	the	the	DET
cblr-1213	363	34	fund	fund	NOUN
cblr-1213	363	35	’s	’s	PART
cblr-1213	363	36	portfolio	portfolio	NOUN
cblr-1213	363	37	assets	asset	NOUN
cblr-1213	363	38	.	.	PUNCT
cblr-1213	363	39	”	"	PUNCT
cblr-1213	364	1	110	110	NUM
cblr-1213	364	2	as	as	SCONJ
cblr-1213	364	3	discussed	discuss	VERB
cblr-1213	364	4	above,111	above,111	PROPN
cblr-1213	364	5	the	the	DET
cblr-1213	364	6	asset	asset	NOUN
cblr-1213	364	7	type	type	NOUN
cblr-1213	364	8	being	be	AUX
cblr-1213	364	9	sold	sell	VERB
cblr-1213	364	10	is	be	AUX
cblr-1213	364	11	germane	germane	ADJ
cblr-1213	364	12	to	to	ADP
cblr-1213	364	13	its	its	PRON
cblr-1213	364	14	liquidity	liquidity	NOUN
cblr-1213	364	15	,	,	PUNCT
cblr-1213	364	16	which	which	PRON
cblr-1213	364	17	in	in	ADP
cblr-1213	364	18	turn	turn	NOUN
cblr-1213	364	19	affects	affect	VERB
cblr-1213	364	20	the	the	DET
cblr-1213	364	21	daily	daily	ADJ
cblr-1213	364	22	nav	nav	NOUN
cblr-1213	364	23	of	of	ADP
cblr-1213	364	24	the	the	DET
cblr-1213	364	25	fund	fund	NOUN
cblr-1213	364	26	.	.	PUNCT
cblr-1213	365	1	asset	asset	NOUN
cblr-1213	365	2	types	type	NOUN
cblr-1213	365	3	such	such	ADJ
cblr-1213	365	4	as	as	ADP
cblr-1213	365	5	mbs	mb	NOUN
cblr-1213	365	6	,	,	PUNCT
cblr-1213	365	7	banks	bank	NOUN
cblr-1213	365	8	loans	loan	NOUN
cblr-1213	365	9	,	,	PUNCT
cblr-1213	365	10	and	and	CCONJ
cblr-1213	365	11	derivatives	derivative	NOUN
cblr-1213	365	12	will	will	AUX
cblr-1213	365	13	naturally	naturally	ADV
cblr-1213	365	14	be	be	AUX
cblr-1213	365	15	less	less	ADV
cblr-1213	365	16	liquid	liquid	ADJ
cblr-1213	365	17	than	than	ADP
cblr-1213	365	18	large	large	ADJ
cblr-1213	365	19	-	-	PUNCT
cblr-1213	365	20	capitalization	capitalization	NOUN
cblr-1213	365	21	stocks	stock	NOUN
cblr-1213	365	22	and	and	CCONJ
cblr-1213	365	23	u.s	u.s	PROPN
cblr-1213	365	24	.	.	PROPN
cblr-1213	365	25	treasury	treasury	PROPN
cblr-1213	365	26	securities	security	NOUN
cblr-1213	365	27	.	.	PUNCT
cblr-1213	366	1	if	if	SCONJ
cblr-1213	366	2	a	a	DET
cblr-1213	366	3	significant	significant	ADJ
cblr-1213	366	4	portion	portion	NOUN
cblr-1213	366	5	of	of	ADP
cblr-1213	366	6	the	the	DET
cblr-1213	366	7	fund	fund	NOUN
cblr-1213	366	8	portfolio	portfolio	NOUN
cblr-1213	366	9	is	be	AUX
cblr-1213	366	10	invested	invest	VERB
cblr-1213	366	11	in	in	ADP
cblr-1213	366	12	equities	equity	NOUN
cblr-1213	366	13	or	or	CCONJ
cblr-1213	366	14	u.s	u.s	PROPN
cblr-1213	366	15	.	.	PROPN
cblr-1213	366	16	treasuries	treasury	NOUN
cblr-1213	366	17	,	,	PUNCT
cblr-1213	366	18	the	the	DET
cblr-1213	366	19	fund	fund	NOUN
cblr-1213	366	20	’s	’s	PART
cblr-1213	366	21	threshold	threshold	NOUN
cblr-1213	366	22	may	may	AUX
cblr-1213	366	23	need	need	VERB
cblr-1213	366	24	to	to	PART
cblr-1213	366	25	be	be	AUX
cblr-1213	366	26	set	set	VERB
cblr-1213	366	27	higher	higher	ADV
cblr-1213	366	28	,	,	PUNCT
cblr-1213	366	29	as	as	SCONJ
cblr-1213	366	30	it	it	PRON
cblr-1213	366	31	can	can	AUX
cblr-1213	366	32	better	well	ADV
cblr-1213	366	33	accommodate	accommodate	VERB
cblr-1213	366	34	redemptions	redemption	NOUN
cblr-1213	366	35	while	while	SCONJ
cblr-1213	366	36	still	still	ADV
cblr-1213	366	37	maintaining	maintain	VERB
cblr-1213	366	38	liquidity	liquidity	NOUN
cblr-1213	366	39	and	and	CCONJ
cblr-1213	366	40	a	a	DET
cblr-1213	366	41	stable	stable	ADJ
cblr-1213	366	42	nav	nav	NOUN
cblr-1213	366	43	than	than	SCONJ
cblr-1213	366	44	if	if	SCONJ
cblr-1213	366	45	it	it	PRON
cblr-1213	366	46	were	be	AUX
cblr-1213	366	47	heavily	heavily	ADV
cblr-1213	366	48	invested	invest	VERB
cblr-1213	366	49	in	in	ADP
cblr-1213	366	50	bonds	bond	NOUN
cblr-1213	366	51	and	and	CCONJ
cblr-1213	366	52	mbs	mb	NOUN
cblr-1213	366	53	.	.	PROPN
cblr-1213	366	54	transaction	transaction	NOUN
cblr-1213	366	55	costs	cost	NOUN
cblr-1213	366	56	unique	unique	ADJ
cblr-1213	366	57	to	to	ADP
cblr-1213	366	58	the	the	DET
cblr-1213	366	59	asset	asset	NOUN
cblr-1213	366	60	market	market	NOUN
cblr-1213	366	61	are	be	AUX
cblr-1213	366	62	a	a	DET
cblr-1213	366	63	third	third	ADJ
cblr-1213	366	64	,	,	PUNCT
cblr-1213	366	65	related	relate	VERB
cblr-1213	366	66	factor.112	factor.112	ADJ
cblr-1213	366	67	different	different	ADJ
cblr-1213	366	68	assets	asset	NOUN
cblr-1213	366	69	,	,	PUNCT
cblr-1213	366	70	as	as	SCONJ
cblr-1213	366	71	discussed	discuss	VERB
cblr-1213	366	72	above	above	ADV
cblr-1213	366	73	,	,	PUNCT
cblr-1213	366	74	have	have	VERB
cblr-1213	366	75	different	different	ADJ
cblr-1213	366	76	exposure	exposure	NOUN
cblr-1213	366	77	to	to	ADP
cblr-1213	366	78	market	market	NOUN
cblr-1213	366	79	impact	impact	NOUN
cblr-1213	366	80	costs	cost	NOUN
cblr-1213	366	81	where	where	SCONJ
cblr-1213	366	82	liquidity	liquidity	NOUN
cblr-1213	366	83	and	and	CCONJ
cblr-1213	366	84	availability	availability	NOUN
cblr-1213	366	85	influence	influence	NOUN
cblr-1213	366	86	price	price	NOUN
cblr-1213	366	87	fluctuations	fluctuation	NOUN
cblr-1213	366	88	,	,	PUNCT
cblr-1213	366	89	especially	especially	ADV
cblr-1213	366	90	in	in	ADP
cblr-1213	366	91	the	the	DET
cblr-1213	366	92	face	face	NOUN
cblr-1213	366	93	of	of	ADP
cblr-1213	366	94	a	a	DET
cblr-1213	366	95	large	large	ADJ
cblr-1213	366	96	transaction	transaction	NOUN
cblr-1213	366	97	.	.	PUNCT
cblr-1213	367	1	in	in	ADP
cblr-1213	367	2	this	this	DET
cblr-1213	367	3	way	way	NOUN
cblr-1213	367	4	,	,	PUNCT
cblr-1213	367	5	the	the	DET
cblr-1213	367	6	sec	sec	PROPN
cblr-1213	367	7	requires	require	VERB
cblr-1213	367	8	that	that	SCONJ
cblr-1213	367	9	fund	fund	NOUN
cblr-1213	367	10	managers	manager	NOUN
cblr-1213	367	11	consider	consider	VERB
cblr-1213	367	12	market	market	NOUN
cblr-1213	367	13	impact	impact	NOUN
cblr-1213	367	14	costs	cost	NOUN
cblr-1213	367	15	in	in	ADP
cblr-1213	367	16	setting	set	VERB
cblr-1213	367	17	a	a	DET
cblr-1213	367	18	threshold	threshold	NOUN
cblr-1213	367	19	.	.	PUNCT
cblr-1213	368	1	additionally	additionally	ADV
cblr-1213	368	2	,	,	PUNCT
cblr-1213	368	3	different	different	ADJ
cblr-1213	368	4	portfolio	portfolio	NOUN
cblr-1213	368	5	assets	asset	NOUN
cblr-1213	368	6	have	have	VERB
cblr-1213	368	7	different	different	ADJ
cblr-1213	368	8	commissions	commission	NOUN
cblr-1213	368	9	,	,	PUNCT
cblr-1213	368	10	expenses	expense	NOUN
cblr-1213	368	11	,	,	PUNCT
cblr-1213	368	12	etc.113	etc.113	PROPN
cblr-1213	368	13	fourth	fourth	ADJ
cblr-1213	368	14	,	,	PUNCT
cblr-1213	368	15	funds	fund	NOUN
cblr-1213	368	16	must	must	AUX
cblr-1213	368	17	consider	consider	VERB
cblr-1213	368	18	cash	cash	NOUN
cblr-1213	368	19	holdings	holding	NOUN
cblr-1213	368	20	and	and	CCONJ
cblr-1213	368	21	alternative	alternative	NOUN
cblr-1213	368	22	funding	fund	VERB
cblr-1213	368	23	sources.114	sources.114	NUM
cblr-1213	368	24	how	how	SCONJ
cblr-1213	368	25	much	much	ADJ
cblr-1213	368	26	cash	cash	NOUN
cblr-1213	368	27	or	or	CCONJ
cblr-1213	368	28	cash	cash	NOUN
cblr-1213	368	29	equivalent	equivalent	ADJ
cblr-1213	368	30	a	a	DET
cblr-1213	368	31	fund	fund	NOUN
cblr-1213	368	32	holds	hold	VERB
cblr-1213	368	33	in	in	ADP
cblr-1213	368	34	anticipation	anticipation	NOUN
cblr-1213	368	35	of	of	ADP
cblr-1213	368	36	liquidity	liquidity	NOUN
cblr-1213	368	37	needs	need	NOUN
cblr-1213	368	38	may	may	AUX
cblr-1213	368	39	offset	offset	VERB
cblr-1213	368	40	the	the	DET
cblr-1213	368	41	market	market	NOUN
cblr-1213	368	42	impact	impact	NOUN
cblr-1213	368	43	of	of	ADP
cblr-1213	368	44	a	a	DET
cblr-1213	368	45	less	less	ADV
cblr-1213	368	46	liquid	liquid	ADJ
cblr-1213	368	47	portfolio	portfolio	NOUN
cblr-1213	368	48	.	.	PUNCT
cblr-1213	369	1	many	many	ADJ
cblr-1213	369	2	funds	fund	NOUN
cblr-1213	369	3	also	also	ADV
cblr-1213	369	4	currently	currently	ADV
cblr-1213	369	5	utilize	utilize	VERB
cblr-1213	369	6	a	a	DET
cblr-1213	369	7	credit	credit	NOUN
cblr-1213	369	8	facility	facility	NOUN
cblr-1213	369	9	such	such	ADJ
cblr-1213	369	10	as	as	ADP
cblr-1213	369	11	a	a	DET
cblr-1213	369	12	line	line	NOUN
cblr-1213	369	13	of	of	ADP
cblr-1213	369	14	credit	credit	NOUN
cblr-1213	369	15	or	or	CCONJ
cblr-1213	369	16	inter	inter	ADJ
cblr-1213	369	17	-	-	ADJ
cblr-1213	369	18	fund	fund	ADJ
cblr-1213	369	19	lend	lend	NOUN
cblr-1213	369	20	of	of	ADP
cblr-1213	369	21	funds	fund	NOUN
cblr-1213	369	22	such	such	ADJ
cblr-1213	369	23	as	as	ADP
cblr-1213	369	24	a	a	DET
cblr-1213	369	25	small	small	ADJ
cblr-1213	369	26	bank	bank	NOUN
cblr-1213	369	27	loan	loan	NOUN
cblr-1213	369	28	fund	fund	NOUN
cblr-1213	369	29	with	with	ADP
cblr-1213	369	30	frequent	frequent	ADJ
cblr-1213	369	31	flows	flow	NOUN
cblr-1213	369	32	,	,	PUNCT
cblr-1213	369	33	a	a	DET
cblr-1213	369	34	large	large	ADJ
cblr-1213	369	35	-	-	PUNCT
cblr-1213	369	36	cap	cap	NOUN
cblr-1213	369	37	equity	equity	NOUN
cblr-1213	369	38	fund	fund	NOUN
cblr-1213	369	39	with	with	ADP
cblr-1213	369	40	minimal	minimal	ADJ
cblr-1213	369	41	flows	flow	NOUN
cblr-1213	369	42	,	,	PUNCT
cblr-1213	369	43	a	a	DET
cblr-1213	369	44	large	large	ADJ
cblr-1213	369	45	alternative	alternative	ADJ
cblr-1213	369	46	fund	fund	NOUN
cblr-1213	369	47	with	with	ADP
cblr-1213	369	48	average	average	ADJ
cblr-1213	369	49	flows	flow	NOUN
cblr-1213	369	50	,	,	PUNCT
cblr-1213	369	51	and	and	CCONJ
cblr-1213	369	52	a	a	DET
cblr-1213	369	53	mid	mid	ADJ
cblr-1213	369	54	-	-	NOUN
cblr-1213	369	55	size	size	NOUN
cblr-1213	369	56	u.s	u.s	PROPN
cblr-1213	369	57	.	.	PROPN
cblr-1213	369	58	treasury	treasury	PROPN
cblr-1213	369	59	fund	fund	PROPN
cblr-1213	369	60	with	with	ADP
cblr-1213	369	61	volatile	volatile	ADJ
cblr-1213	369	62	flows	flow	NOUN
cblr-1213	369	63	based	base	VERB
cblr-1213	369	64	on	on	ADP
cblr-1213	369	65	market	market	NOUN
cblr-1213	369	66	fluctuations	fluctuation	NOUN
cblr-1213	369	67	.	.	PUNCT
cblr-1213	370	1	because	because	SCONJ
cblr-1213	370	2	of	of	ADP
cblr-1213	370	3	the	the	DET
cblr-1213	370	4	different	different	ADJ
cblr-1213	370	5	asset	asset	NOUN
cblr-1213	370	6	types	type	NOUN
cblr-1213	370	7	,	,	PUNCT
cblr-1213	370	8	sizes	size	NOUN
cblr-1213	370	9	,	,	PUNCT
cblr-1213	370	10	and	and	CCONJ
cblr-1213	370	11	flows	flow	NOUN
cblr-1213	370	12	,	,	PUNCT
cblr-1213	370	13	and	and	CCONJ
cblr-1213	370	14	therefore	therefore	ADV
cblr-1213	370	15	the	the	DET
cblr-1213	370	16	differences	difference	NOUN
cblr-1213	370	17	in	in	ADP
cblr-1213	370	18	the	the	DET
cblr-1213	370	19	relative	relative	ADJ
cblr-1213	370	20	liquidity	liquidity	NOUN
cblr-1213	370	21	of	of	ADP
cblr-1213	370	22	each	each	DET
cblr-1213	370	23	fund	fund	NOUN
cblr-1213	370	24	,	,	PUNCT
cblr-1213	370	25	the	the	DET
cblr-1213	370	26	swing	swing	NOUN
cblr-1213	370	27	thresholds	threshold	NOUN
cblr-1213	370	28	may	may	AUX
cblr-1213	370	29	be	be	AUX
cblr-1213	370	30	different	different	ADJ
cblr-1213	370	31	based	base	VERB
cblr-1213	370	32	on	on	ADP
cblr-1213	370	33	each	each	DET
cblr-1213	370	34	fund	fund	NOUN
cblr-1213	370	35	’s	’s	PART
cblr-1213	370	36	ability	ability	NOUN
cblr-1213	370	37	to	to	PART
cblr-1213	370	38	meet	meet	VERB
cblr-1213	370	39	its	its	PRON
cblr-1213	370	40	redemptions	redemption	NOUN
cblr-1213	370	41	.	.	PUNCT
cblr-1213	371	1	110	110	NUM
cblr-1213	371	2	final	final	ADJ
cblr-1213	371	3	rules	rule	NOUN
cblr-1213	371	4	,	,	PUNCT
cblr-1213	371	5	supra	supra	PROPN
cblr-1213	371	6	note	note	NOUN
cblr-1213	371	7	4	4	NUM
cblr-1213	371	8	,	,	PUNCT
cblr-1213	371	9	at	at	ADP
cblr-1213	371	10	82095	82095	NUM
cblr-1213	371	11	(	(	PUNCT
cblr-1213	371	12	discussing	discuss	VERB
cblr-1213	371	13	rule	rule	NOUN
cblr-1213	371	14	22c-1(a)(3	22c-1(a)(3	NOUN
cblr-1213	371	15	)	)	PUNCT
cblr-1213	371	16	and	and	CCONJ
cblr-1213	371	17	threshold	threshold	NOUN
cblr-1213	371	18	factors	factor	NOUN
cblr-1213	371	19	)	)	PUNCT
cblr-1213	371	20	.	.	PUNCT
cblr-1213	372	1	111	111	NUM
cblr-1213	372	2	see	see	VERB
cblr-1213	372	3	supra	supra	PROPN
cblr-1213	372	4	section	section	PROPN
cblr-1213	372	5	ii.a	ii.a	PROPN
cblr-1213	372	6	.	.	PUNCT
cblr-1213	373	1	112	112	NUM
cblr-1213	373	2	final	final	ADJ
cblr-1213	373	3	rules	rule	NOUN
cblr-1213	373	4	,	,	PUNCT
cblr-1213	373	5	supra	supra	PROPN
cblr-1213	373	6	note	note	NOUN
cblr-1213	373	7	4	4	NUM
cblr-1213	373	8	,	,	PUNCT
cblr-1213	373	9	at	at	ADP
cblr-1213	373	10	82095	82095	NUM
cblr-1213	373	11	.	.	PUNCT
cblr-1213	373	12	113	113	NUM
cblr-1213	373	13	the	the	DET
cblr-1213	373	14	author	author	NOUN
cblr-1213	373	15	has	have	AUX
cblr-1213	373	16	made	make	VERB
cblr-1213	373	17	this	this	DET
cblr-1213	373	18	observation	observation	NOUN
cblr-1213	373	19	in	in	ADP
cblr-1213	373	20	her	her	PRON
cblr-1213	373	21	role	role	NOUN
cblr-1213	373	22	in	in	ADP
cblr-1213	373	23	the	the	DET
cblr-1213	373	24	mutual	mutual	ADJ
cblr-1213	373	25	fund	fund	NOUN
cblr-1213	373	26	industry	industry	NOUN
cblr-1213	373	27	.	.	PUNCT
cblr-1213	374	1	see	see	VERB
cblr-1213	374	2	also	also	ADV
cblr-1213	374	3	pozen	pozen	ADJ
cblr-1213	374	4	,	,	PUNCT
cblr-1213	374	5	supra	supra	PROPN
cblr-1213	374	6	note	note	PROPN
cblr-1213	374	7	25	25	NUM
cblr-1213	374	8	,	,	PUNCT
cblr-1213	374	9	at	at	ADP
cblr-1213	374	10	516	516	NUM
cblr-1213	374	11	(	(	PUNCT
cblr-1213	374	12	discussing	discuss	VERB
cblr-1213	374	13	mutual	mutual	ADJ
cblr-1213	374	14	fund	fund	NOUN
cblr-1213	374	15	fees	fee	NOUN
cblr-1213	374	16	)	)	PUNCT
cblr-1213	374	17	.	.	PUNCT
cblr-1213	375	1	114	114	NUM
cblr-1213	375	2	final	final	ADJ
cblr-1213	375	3	rules	rule	NOUN
cblr-1213	375	4	,	,	PUNCT
cblr-1213	375	5	supra	supra	PROPN
cblr-1213	375	6	note	note	NOUN
cblr-1213	375	7	4	4	NUM
cblr-1213	375	8	,	,	PUNCT
cblr-1213	375	9	at	at	ADP
cblr-1213	375	10	82095	82095	NUM
cblr-1213	375	11	.	.	PUNCT
cblr-1213	376	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	377	1	no	no	INTJ
cblr-1213	377	2	.	.	PUNCT
cblr-1213	378	1	1:130	1:130	NUM
cblr-1213	378	2	]	]	X
cblr-1213	378	3	will	will	AUX
cblr-1213	378	4	swing	swing	VERB
cblr-1213	378	5	pricing	pricing	NOUN
cblr-1213	378	6	save	save	VERB
cblr-1213	378	7	sedentary	sedentary	ADJ
cblr-1213	378	8	shareholders	shareholder	NOUN
cblr-1213	378	9	?	?	PUNCT
cblr-1213	379	1	155	155	NUM
cblr-1213	379	2	ing	ing	ADJ
cblr-1213	379	3	,	,	PUNCT
cblr-1213	379	4	borrowing	borrow	VERB
cblr-1213	379	5	against	against	ADP
cblr-1213	379	6	it	it	PRON
cblr-1213	379	7	in	in	ADP
cblr-1213	379	8	order	order	NOUN
cblr-1213	379	9	to	to	PART
cblr-1213	379	10	satisfy	satisfy	VERB
cblr-1213	379	11	a	a	DET
cblr-1213	379	12	shareholder	shareholder	NOUN
cblr-1213	379	13	’s	’s	PART
cblr-1213	379	14	redemption.115	redemption.115	PROPN
cblr-1213	379	15	cash	cash	NOUN
cblr-1213	379	16	on	on	ADP
cblr-1213	379	17	hand	hand	NOUN
cblr-1213	379	18	,	,	PUNCT
cblr-1213	379	19	or	or	CCONJ
cblr-1213	379	20	the	the	DET
cblr-1213	379	21	ability	ability	NOUN
cblr-1213	379	22	to	to	PART
cblr-1213	379	23	borrow	borrow	VERB
cblr-1213	379	24	cash	cash	NOUN
cblr-1213	379	25	,	,	PUNCT
cblr-1213	379	26	to	to	PART
cblr-1213	379	27	satisfy	satisfy	VERB
cblr-1213	379	28	shareholder	shareholder	NOUN
cblr-1213	379	29	redemptions	redemption	NOUN
cblr-1213	379	30	allows	allow	VERB
cblr-1213	379	31	the	the	DET
cblr-1213	379	32	fund	fund	NOUN
cblr-1213	379	33	to	to	PART
cblr-1213	379	34	wait	wait	VERB
cblr-1213	379	35	for	for	ADP
cblr-1213	379	36	a	a	DET
cblr-1213	379	37	better	well	ADJ
cblr-1213	379	38	market	market	NOUN
cblr-1213	379	39	price	price	NOUN
cblr-1213	379	40	with	with	ADP
cblr-1213	379	41	sufficient	sufficient	ADJ
cblr-1213	379	42	buyers	buyer	NOUN
cblr-1213	379	43	and	and	CCONJ
cblr-1213	379	44	potentially	potentially	ADV
cblr-1213	379	45	curb	curb	VERB
cblr-1213	379	46	losses	loss	NOUN
cblr-1213	379	47	from	from	ADP
cblr-1213	379	48	a	a	DET
cblr-1213	379	49	forced	force	VERB
cblr-1213	379	50	sale	sale	NOUN
cblr-1213	379	51	of	of	ADP
cblr-1213	379	52	less	less	ADJ
cblr-1213	379	53	liquid	liquid	ADJ
cblr-1213	379	54	securities	security	NOUN
cblr-1213	379	55	.	.	PUNCT
cblr-1213	380	1	other	other	ADJ
cblr-1213	380	2	jurisdictions	jurisdiction	NOUN
cblr-1213	380	3	’	'	PUNCT
cblr-1213	380	4	experiences	experience	NOUN
cblr-1213	380	5	with	with	ADP
cblr-1213	380	6	swing	swing	NOUN
cblr-1213	380	7	pricing	pricing	NOUN
cblr-1213	380	8	informed	inform	VERB
cblr-1213	380	9	the	the	DET
cblr-1213	380	10	sec	sec	PROPN
cblr-1213	380	11	’s	’s	PART
cblr-1213	380	12	threshold	threshold	NOUN
cblr-1213	380	13	framework.116	framework.116	ADV
cblr-1213	380	14	in	in	ADP
cblr-1213	380	15	december	december	PROPN
cblr-1213	380	16	2015	2015	NUM
cblr-1213	380	17	,	,	PUNCT
cblr-1213	380	18	the	the	DET
cblr-1213	380	19	alfi	alfi	NOUN
cblr-1213	380	20	—	—	PUNCT
cblr-1213	380	21	a	a	DET
cblr-1213	380	22	main	main	ADJ
cblr-1213	380	23	organization	organization	NOUN
cblr-1213	380	24	studying	study	VERB
cblr-1213	380	25	mutual	mutual	ADJ
cblr-1213	380	26	fund	fund	NOUN
cblr-1213	380	27	swing	swing	NOUN
cblr-1213	380	28	pricing	pricing	NOUN
cblr-1213	380	29	in	in	ADP
cblr-1213	380	30	the	the	DET
cblr-1213	380	31	international	international	ADJ
cblr-1213	380	32	mutual	mutual	ADJ
cblr-1213	380	33	fund	fund	NOUN
cblr-1213	380	34	capital	capital	NOUN
cblr-1213	380	35	of	of	ADP
cblr-1213	380	36	luxembourg	luxembourg	PROPN
cblr-1213	380	37	—	—	PUNCT
cblr-1213	380	38	released	release	VERB
cblr-1213	380	39	new	new	ADJ
cblr-1213	380	40	information	information	NOUN
cblr-1213	380	41	on	on	ADP
cblr-1213	380	42	swing	swing	NOUN
cblr-1213	380	43	pricing.117	pricing.117	ADV
cblr-1213	380	44	according	accord	VERB
cblr-1213	380	45	to	to	ADP
cblr-1213	380	46	the	the	DET
cblr-1213	380	47	alfi	alfi	NOUN
cblr-1213	380	48	’s	’s	PART
cblr-1213	380	49	2015	2015	NUM
cblr-1213	380	50	swing	swing	NOUN
cblr-1213	380	51	pricing	pricing	NOUN
cblr-1213	380	52	survey	survey	NOUN
cblr-1213	380	53	,	,	PUNCT
cblr-1213	380	54	the	the	DET
cblr-1213	380	55	most	most	ADV
cblr-1213	380	56	common	common	ADJ
cblr-1213	380	57	swing	swing	NOUN
cblr-1213	380	58	threshold	threshold	NOUN
cblr-1213	380	59	was	be	AUX
cblr-1213	380	60	one	one	NUM
cblr-1213	380	61	percent	percent	NOUN
cblr-1213	380	62	or	or	CCONJ
cblr-1213	380	63	less.118	less.118	PRON
cblr-1213	380	64	roughly	roughly	ADV
cblr-1213	380	65	half	half	NOUN
cblr-1213	380	66	of	of	ADP
cblr-1213	380	67	respondents	respondent	NOUN
cblr-1213	380	68	indicated	indicate	VERB
cblr-1213	380	69	a	a	DET
cblr-1213	380	70	three	three	NUM
cblr-1213	380	71	percent	percent	NOUN
cblr-1213	380	72	swing	swing	NOUN
cblr-1213	380	73	threshold	threshold	NOUN
cblr-1213	380	74	or	or	CCONJ
cblr-1213	380	75	less	less	ADJ
cblr-1213	380	76	,	,	PUNCT
cblr-1213	380	77	and	and	CCONJ
cblr-1213	380	78	the	the	DET
cblr-1213	380	79	remaining	remain	VERB
cblr-1213	380	80	half	half	NOUN
cblr-1213	380	81	of	of	ADP
cblr-1213	380	82	managers	manager	NOUN
cblr-1213	380	83	reported	report	VERB
cblr-1213	380	84	a	a	DET
cblr-1213	380	85	three	three	NUM
cblr-1213	380	86	percent	percent	NOUN
cblr-1213	380	87	or	or	CCONJ
cblr-1213	380	88	more	more	ADJ
cblr-1213	380	89	threshold.119	threshold.119	NOUN
cblr-1213	380	90	in	in	ADP
cblr-1213	380	91	addition	addition	NOUN
cblr-1213	380	92	,	,	PUNCT
cblr-1213	380	93	the	the	DET
cblr-1213	380	94	majority	majority	NOUN
cblr-1213	380	95	of	of	ADP
cblr-1213	380	96	responding	respond	VERB
cblr-1213	380	97	managers	manager	NOUN
cblr-1213	380	98	indicated	indicate	VERB
cblr-1213	380	99	that	that	SCONJ
cblr-1213	380	100	they	they	PRON
cblr-1213	380	101	distinguish	distinguish	VERB
cblr-1213	380	102	thresholds	threshold	NOUN
cblr-1213	380	103	by	by	ADP
cblr-1213	380	104	fund	fund	NOUN
cblr-1213	380	105	,	,	PUNCT
cblr-1213	380	106	primarily	primarily	ADV
cblr-1213	380	107	based	base	VERB
cblr-1213	380	108	on	on	ADP
cblr-1213	380	109	fund	fund	NOUN
cblr-1213	380	110	-	-	PUNCT
cblr-1213	380	111	specific	specific	ADJ
cblr-1213	380	112	characteristics	characteristic	NOUN
cblr-1213	380	113	such	such	ADJ
cblr-1213	380	114	as	as	ADP
cblr-1213	380	115	investment	investment	NOUN
cblr-1213	380	116	objective	objective	NOUN
cblr-1213	380	117	,	,	PUNCT
cblr-1213	380	118	fund	fund	NOUN
cblr-1213	380	119	size	size	NOUN
cblr-1213	380	120	,	,	PUNCT
cblr-1213	380	121	or	or	CCONJ
cblr-1213	380	122	asset	asset	NOUN
cblr-1213	380	123	class.120	class.120	NOUN
cblr-1213	380	124	3	3	NUM
cblr-1213	380	125	.	.	PUNCT
cblr-1213	380	126	swing	swing	NOUN
cblr-1213	380	127	factor	factor	NOUN
cblr-1213	380	128	the	the	DET
cblr-1213	380	129	swing	swing	NOUN
cblr-1213	380	130	factor	factor	NOUN
cblr-1213	380	131	is	be	AUX
cblr-1213	380	132	an	an	DET
cblr-1213	380	133	amount	amount	NOUN
cblr-1213	380	134	,	,	PUNCT
cblr-1213	380	135	expressed	express	VERB
cblr-1213	380	136	as	as	ADP
cblr-1213	380	137	a	a	DET
cblr-1213	380	138	percentage	percentage	NOUN
cblr-1213	380	139	of	of	ADP
cblr-1213	380	140	the	the	DET
cblr-1213	380	141	fund	fund	NOUN
cblr-1213	380	142	’s	’s	PART
cblr-1213	380	143	nav	nav	NOUN
cblr-1213	380	144	,	,	PUNCT
cblr-1213	380	145	by	by	ADP
cblr-1213	380	146	which	which	PRON
cblr-1213	380	147	a	a	DET
cblr-1213	380	148	fund	fund	NOUN
cblr-1213	380	149	adjusts	adjust	VERB
cblr-1213	380	150	its	its	PRON
cblr-1213	380	151	nav	nav	NOUN
cblr-1213	380	152	per	per	ADP
cblr-1213	380	153	share	share	NOUN
cblr-1213	380	154	once	once	SCONJ
cblr-1213	380	155	the	the	DET
cblr-1213	380	156	swing	swing	NOUN
cblr-1213	380	157	threshold	threshold	NOUN
cblr-1213	380	158	(	(	PUNCT
cblr-1213	380	159	discussed	discuss	VERB
cblr-1213	380	160	above	above	ADV
cblr-1213	380	161	)	)	PUNCT
cblr-1213	380	162	is	be	AUX
cblr-1213	380	163	met.121	met.121	VERB
cblr-1213	380	164	the	the	DET
cblr-1213	380	165	115	115	NUM
cblr-1213	380	166	the	the	DET
cblr-1213	380	167	author	author	NOUN
cblr-1213	380	168	has	have	AUX
cblr-1213	380	169	made	make	VERB
cblr-1213	380	170	this	this	DET
cblr-1213	380	171	observation	observation	NOUN
cblr-1213	380	172	in	in	ADP
cblr-1213	380	173	her	her	PRON
cblr-1213	380	174	role	role	NOUN
cblr-1213	380	175	in	in	ADP
cblr-1213	380	176	the	the	DET
cblr-1213	380	177	mutual	mutual	ADJ
cblr-1213	380	178	fund	fund	NOUN
cblr-1213	380	179	industry	industry	NOUN
cblr-1213	380	180	.	.	PUNCT
cblr-1213	381	1	116	116	NUM
cblr-1213	381	2	final	final	ADJ
cblr-1213	381	3	rules	rule	NOUN
cblr-1213	381	4	,	,	PUNCT
cblr-1213	381	5	supra	supra	PROPN
cblr-1213	381	6	note	note	NOUN
cblr-1213	381	7	4	4	NUM
cblr-1213	381	8	,	,	PUNCT
cblr-1213	381	9	at	at	ADP
cblr-1213	381	10	82096	82096	NUM
cblr-1213	381	11	.	.	PUNCT
cblr-1213	382	1	117	117	NUM
cblr-1213	382	2	alfi	alfi	NOUN
cblr-1213	382	3	2015	2015	NUM
cblr-1213	382	4	survey	survey	NOUN
cblr-1213	382	5	,	,	PUNCT
cblr-1213	382	6	supra	supra	PROPN
cblr-1213	382	7	note	note	NOUN
cblr-1213	382	8	58	58	NUM
cblr-1213	382	9	,	,	PUNCT
cblr-1213	382	10	at	at	ADP
cblr-1213	382	11	6	6	NUM
cblr-1213	382	12	;	;	PUNCT
cblr-1213	382	13	ass’n	ass’n	NUM
cblr-1213	382	14	of	of	ADP
cblr-1213	382	15	the	the	DET
cblr-1213	382	16	lux	lux	PROPN
cblr-1213	382	17	.	.	PUNCT
cblr-1213	382	18	fund	fund	PROPN
cblr-1213	382	19	indus	indus	PROPN
cblr-1213	382	20	.	.	PUNCT
cblr-1213	382	21	,	,	PUNCT
cblr-1213	382	22	swing	swing	NOUN
cblr-1213	382	23	pricing	pricing	NOUN
cblr-1213	382	24	guidelines	guideline	NOUN
cblr-1213	382	25	11	11	NUM
cblr-1213	382	26	(	(	PUNCT
cblr-1213	382	27	2015	2015	NUM
cblr-1213	382	28	)	)	PUNCT
cblr-1213	383	1	[	[	X
cblr-1213	383	2	hereinafter	hereinafter	NOUN
cblr-1213	383	3	alfi	alfi	VERB
cblr-1213	383	4	2015	2015	NUM
cblr-1213	383	5	guidelines	guideline	NOUN
cblr-1213	383	6	]	]	PUNCT
cblr-1213	383	7	,	,	PUNCT
cblr-1213	383	8	http://www.alfi.lu/	http://www.alfi.lu/	ADJ
cblr-1213	383	9	sites	site	NOUN
cblr-1213	383	10	/	/	SYM
cblr-1213	383	11	alfi.lu	alfi.lu	ADP
cblr-1213	383	12	/	/	SYM
cblr-1213	383	13	files	file	NOUN
cblr-1213	383	14	/	/	SYM
cblr-1213	383	15	swing	swing	NOUN
cblr-1213	383	16	-	-	PUNCT
cblr-1213	383	17	pricing	pricing	NOUN
cblr-1213	383	18	-	-	PUNCT
cblr-1213	383	19	guidelines	guideline	NOUN
cblr-1213	383	20	-	-	PUNCT
cblr-1213	383	21	final.pdf	final.pdf	NOUN
cblr-1213	383	22	[	[	X
cblr-1213	383	23	perma.cc/	perma.cc/	NOUN
cblr-1213	383	24	urm6	urm6	PROPN
cblr-1213	383	25	-	-	PUNCT
cblr-1213	383	26	q5zj	q5zj	X
cblr-1213	383	27	]	]	X
cblr-1213	383	28	(	(	PUNCT
cblr-1213	383	29	explaining	explain	VERB
cblr-1213	383	30	that	that	SCONJ
cblr-1213	383	31	the	the	DET
cblr-1213	383	32	alfi	alfi	NOUN
cblr-1213	383	33	provides	provide	VERB
cblr-1213	383	34	additional	additional	ADJ
cblr-1213	383	35	considerations	consideration	NOUN
cblr-1213	383	36	in	in	ADP
cblr-1213	383	37	setting	set	VERB
cblr-1213	383	38	the	the	DET
cblr-1213	383	39	swing	swing	NOUN
cblr-1213	383	40	threshold	threshold	NOUN
cblr-1213	383	41	:	:	PUNCT
cblr-1213	383	42	(	(	PUNCT
cblr-1213	383	43	1	1	X
cblr-1213	383	44	)	)	PUNCT
cblr-1213	383	45	setting	set	VERB
cblr-1213	383	46	a	a	DET
cblr-1213	383	47	threshold	threshold	NOUN
cblr-1213	383	48	too	too	ADV
cblr-1213	383	49	low	low	ADJ
cblr-1213	383	50	will	will	AUX
cblr-1213	383	51	increase	increase	VERB
cblr-1213	383	52	nav	nav	NOUN
cblr-1213	383	53	volatility	volatility	NOUN
cblr-1213	383	54	;	;	PUNCT
cblr-1213	383	55	(	(	PUNCT
cblr-1213	383	56	2	2	X
cblr-1213	383	57	)	)	PUNCT
cblr-1213	383	58	setting	set	VERB
cblr-1213	383	59	it	it	PRON
cblr-1213	383	60	too	too	ADV
cblr-1213	383	61	high	high	ADJ
cblr-1213	383	62	will	will	AUX
cblr-1213	383	63	void	void	VERB
cblr-1213	383	64	the	the	DET
cblr-1213	383	65	purpose	purpose	NOUN
cblr-1213	383	66	of	of	ADP
cblr-1213	383	67	protecting	protect	VERB
cblr-1213	383	68	from	from	ADP
cblr-1213	383	69	dilution	dilution	NOUN
cblr-1213	383	70	;	;	PUNCT
cblr-1213	383	71	(	(	PUNCT
cblr-1213	383	72	3	3	X
cblr-1213	383	73	)	)	PUNCT
cblr-1213	383	74	whether	whether	SCONJ
cblr-1213	383	75	a	a	DET
cblr-1213	383	76	consistent	consistent	ADJ
cblr-1213	383	77	threshold	threshold	NOUN
cblr-1213	383	78	across	across	ADP
cblr-1213	383	79	all	all	DET
cblr-1213	383	80	funds	fund	NOUN
cblr-1213	383	81	is	be	AUX
cblr-1213	383	82	appropriate	appropriate	ADJ
cblr-1213	383	83	;	;	PUNCT
cblr-1213	383	84	and	and	CCONJ
cblr-1213	383	85	(	(	PUNCT
cblr-1213	383	86	4	4	X
cblr-1213	383	87	)	)	PUNCT
cblr-1213	383	88	correlating	correlate	VERB
cblr-1213	383	89	high	high	ADJ
cblr-1213	383	90	liquidity	liquidity	NOUN
cblr-1213	383	91	to	to	ADP
cblr-1213	383	92	a	a	DET
cblr-1213	383	93	higher	high	ADJ
cblr-1213	383	94	threshold	threshold	NOUN
cblr-1213	383	95	and	and	CCONJ
cblr-1213	383	96	lower	low	ADJ
cblr-1213	383	97	liquidity	liquidity	NOUN
cblr-1213	383	98	to	to	ADP
cblr-1213	383	99	a	a	DET
cblr-1213	383	100	low	low	ADJ
cblr-1213	383	101	threshold	threshold	NOUN
cblr-1213	383	102	)	)	PUNCT
cblr-1213	383	103	.	.	PUNCT
cblr-1213	384	1	118	118	NUM
cblr-1213	384	2	alfi	alfi	NOUN
cblr-1213	384	3	2015	2015	NUM
cblr-1213	384	4	survey	survey	NOUN
cblr-1213	384	5	,	,	PUNCT
cblr-1213	384	6	supra	supra	PROPN
cblr-1213	384	7	note	note	NOUN
cblr-1213	384	8	58	58	NUM
cblr-1213	384	9	,	,	PUNCT
cblr-1213	384	10	at	at	ADP
cblr-1213	384	11	11	11	NUM
cblr-1213	384	12	.	.	PUNCT
cblr-1213	384	13	119	119	NUM
cblr-1213	385	1	i	i	PRON
cblr-1213	385	2	d.	d.	PROPN
cblr-1213	385	3	120	120	NUM
cblr-1213	386	1	i	i	PRON
cblr-1213	386	2	d.	d.	PROPN
cblr-1213	386	3	at	at	ADP
cblr-1213	386	4	12	12	NUM
cblr-1213	386	5	.	.	PUNCT
cblr-1213	387	1	121	121	NUM
cblr-1213	387	2	final	final	ADJ
cblr-1213	387	3	rules	rule	NOUN
cblr-1213	387	4	,	,	PUNCT
cblr-1213	387	5	supra	supra	PROPN
cblr-1213	387	6	note	note	NOUN
cblr-1213	387	7	4	4	NUM
cblr-1213	387	8	,	,	PUNCT
cblr-1213	387	9	at	at	ADP
cblr-1213	387	10	82103	82103	NUM
cblr-1213	387	11	.	.	PUNCT
cblr-1213	388	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	388	2	156	156	NUM
cblr-1213	388	3	columbia	columbia	PROPN
cblr-1213	388	4	business	business	NOUN
cblr-1213	388	5	law	law	PROPN
cblr-1213	388	6	review	review	NOUN
cblr-1213	388	7	[	[	X
cblr-1213	388	8	vol	vol	NOUN
cblr-1213	388	9	.	.	PUNCT
cblr-1213	388	10	2018	2018	NUM
cblr-1213	388	11	swing	swing	NOUN
cblr-1213	388	12	factor	factor	NOUN
cblr-1213	388	13	is	be	AUX
cblr-1213	388	14	the	the	DET
cblr-1213	388	15	discount	discount	NOUN
cblr-1213	388	16	or	or	CCONJ
cblr-1213	388	17	tax	tax	NOUN
cblr-1213	388	18	applied	apply	VERB
cblr-1213	388	19	to	to	ADP
cblr-1213	388	20	the	the	DET
cblr-1213	388	21	nav	nav	NOUN
cblr-1213	388	22	to	to	PART
cblr-1213	388	23	account	account	VERB
cblr-1213	388	24	for	for	ADP
cblr-1213	388	25	any	any	DET
cblr-1213	388	26	near	near	ADJ
cblr-1213	388	27	-	-	PUNCT
cblr-1213	388	28	term	term	NOUN
cblr-1213	388	29	liquidity	liquidity	NOUN
cblr-1213	388	30	stress	stress	NOUN
cblr-1213	388	31	experienced	experience	VERB
cblr-1213	388	32	by	by	ADP
cblr-1213	388	33	the	the	DET
cblr-1213	388	34	fund	fund	NOUN
cblr-1213	388	35	.	.	PUNCT
cblr-1213	389	1	a	a	DET
cblr-1213	389	2	fund	fund	NOUN
cblr-1213	389	3	’s	’s	PART
cblr-1213	389	4	swing	swing	NOUN
cblr-1213	389	5	factor	factor	NOUN
cblr-1213	389	6	must	must	AUX
cblr-1213	389	7	be	be	AUX
cblr-1213	389	8	calculated122	calculated122	PROPN
cblr-1213	389	9	based	base	VERB
cblr-1213	389	10	on	on	ADP
cblr-1213	389	11	expected	expect	VERB
cblr-1213	389	12	near	near	ADJ
cblr-1213	389	13	-	-	PUNCT
cblr-1213	389	14	term	term	NOUN
cblr-1213	389	15	costs	cost	NOUN
cblr-1213	389	16	generated	generate	VERB
cblr-1213	389	17	by	by	ADP
cblr-1213	389	18	net	net	ADJ
cblr-1213	389	19	purchases	purchase	NOUN
cblr-1213	389	20	or	or	CCONJ
cblr-1213	389	21	redemptions	redemption	NOUN
cblr-1213	389	22	incurred	incur	VERB
cblr-1213	389	23	on	on	ADP
cblr-1213	389	24	the	the	DET
cblr-1213	389	25	day	day	NOUN
cblr-1213	389	26	that	that	SCONJ
cblr-1213	389	27	the	the	DET
cblr-1213	389	28	swing	swing	NOUN
cblr-1213	389	29	factor	factor	NOUN
cblr-1213	389	30	is	be	AUX
cblr-1213	389	31	used.123	used.123	ADJ
cblr-1213	389	32	near	near	ADJ
cblr-1213	389	33	-	-	PUNCT
cblr-1213	389	34	term	term	NOUN
cblr-1213	389	35	costs	cost	NOUN
cblr-1213	389	36	are	be	AUX
cblr-1213	389	37	estimated	estimate	VERB
cblr-1213	389	38	costs	cost	NOUN
cblr-1213	389	39	that	that	PRON
cblr-1213	389	40	are	be	AUX
cblr-1213	389	41	not	not	PART
cblr-1213	389	42	anticipated	anticipate	VERB
cblr-1213	389	43	to	to	PART
cblr-1213	389	44	be	be	AUX
cblr-1213	389	45	incurred	incur	VERB
cblr-1213	389	46	by	by	ADP
cblr-1213	389	47	the	the	DET
cblr-1213	389	48	fund	fund	NOUN
cblr-1213	389	49	for	for	ADP
cblr-1213	389	50	several	several	ADJ
cblr-1213	389	51	days	day	NOUN
cblr-1213	389	52	,	,	PUNCT
cblr-1213	389	53	including	include	VERB
cblr-1213	389	54	spread	spread	VERB
cblr-1213	389	55	costs.124	costs.124	PROPN
cblr-1213	389	56	transaction	transaction	NOUN
cblr-1213	389	57	fees	fee	NOUN
cblr-1213	389	58	—	—	PUNCT
cblr-1213	389	59	including	include	VERB
cblr-1213	389	60	mark	mark	NOUN
cblr-1213	389	61	-	-	PUNCT
cblr-1213	389	62	ups	up	NOUN
cblr-1213	389	63	and	and	CCONJ
cblr-1213	389	64	downs	down	NOUN
cblr-1213	389	65	,	,	PUNCT
cblr-1213	389	66	brokerage	brokerage	NOUN
cblr-1213	389	67	commissions	commission	NOUN
cblr-1213	389	68	and	and	CCONJ
cblr-1213	389	69	custody	custody	NOUN
cblr-1213	389	70	fees	fee	NOUN
cblr-1213	389	71	,	,	PUNCT
cblr-1213	389	72	transfer	transfer	NOUN
cblr-1213	389	73	taxes	taxis	NOUN
cblr-1213	389	74	,	,	PUNCT
cblr-1213	389	75	repatriation	repatriation	NOUN
cblr-1213	389	76	costs	cost	NOUN
cblr-1213	389	77	,	,	PUNCT
cblr-1213	389	78	and	and	CCONJ
cblr-1213	389	79	fees	fee	NOUN
cblr-1213	389	80	for	for	ADP
cblr-1213	389	81	investments	investment	NOUN
cblr-1213	389	82	in	in	ADP
cblr-1213	389	83	other	other	ADJ
cblr-1213	389	84	funds	fund	NOUN
cblr-1213	389	85	—	—	PUNCT
cblr-1213	389	86	are	be	AUX
cblr-1213	389	87	additional	additional	ADJ
cblr-1213	389	88	near	near	ADJ
cblr-1213	389	89	-	-	PUNCT
cblr-1213	389	90	term	term	NOUN
cblr-1213	389	91	costs.125	costs.125	NOUN
cblr-1213	389	92	charges	charge	NOUN
cblr-1213	389	93	resulting	result	VERB
cblr-1213	389	94	from	from	ADP
cblr-1213	389	95	purchases	purchase	NOUN
cblr-1213	389	96	or	or	CCONJ
cblr-1213	389	97	sales	sale	NOUN
cblr-1213	389	98	and	and	CCONJ
cblr-1213	389	99	borrowing	borrowing	NOUN
cblr-1213	389	100	-	-	PUNCT
cblr-1213	389	101	related	relate	VERB
cblr-1213	389	102	costs	cost	NOUN
cblr-1213	389	103	—	—	PUNCT
cblr-1213	389	104	such	such	ADJ
cblr-1213	389	105	as	as	ADP
cblr-1213	389	106	interest	interest	NOUN
cblr-1213	389	107	charges	charge	NOUN
cblr-1213	389	108	or	or	CCONJ
cblr-1213	389	109	credit	credit	NOUN
cblr-1213	389	110	draw	draw	NOUN
cblr-1213	389	111	downs	down	NOUN
cblr-1213	389	112	—	—	PUNCT
cblr-1213	389	113	generated	generate	VERB
cblr-1213	389	114	with	with	ADP
cblr-1213	389	115	redemptions	redemption	NOUN
cblr-1213	389	116	are	be	AUX
cblr-1213	389	117	also	also	ADV
cblr-1213	389	118	near	near	ADJ
cblr-1213	389	119	-	-	PUNCT
cblr-1213	389	120	term	term	NOUN
cblr-1213	390	1	costs.126	costs.126	ADJ
cblr-1213	390	2	swing	swing	NOUN
cblr-1213	390	3	factors	factor	NOUN
cblr-1213	390	4	are	be	AUX
cblr-1213	390	5	not	not	PART
cblr-1213	390	6	intended	intend	VERB
cblr-1213	390	7	to	to	PART
cblr-1213	390	8	be	be	AUX
cblr-1213	390	9	stable	stable	ADJ
cblr-1213	390	10	,	,	PUNCT
cblr-1213	390	11	but	but	CCONJ
cblr-1213	390	12	are	be	AUX
cblr-1213	390	13	designed	design	VERB
cblr-1213	390	14	to	to	PART
cblr-1213	390	15	accommodate	accommodate	VERB
cblr-1213	390	16	fluctuation.127	fluctuation.127	VERB
cblr-1213	390	17	the	the	DET
cblr-1213	390	18	swing	swing	NOUN
cblr-1213	390	19	factor	factor	NOUN
cblr-1213	390	20	can	can	AUX
cblr-1213	390	21	be	be	AUX
cblr-1213	390	22	determined	determine	VERB
cblr-1213	390	23	using	use	VERB
cblr-1213	390	24	a	a	DET
cblr-1213	390	25	base	base	NOUN
cblr-1213	390	26	amount	amount	NOUN
cblr-1213	390	27	subject	subject	ADJ
cblr-1213	390	28	to	to	ADP
cblr-1213	390	29	adjustments	adjustment	NOUN
cblr-1213	390	30	or	or	CCONJ
cblr-1213	390	31	calculated	calculate	VERB
cblr-1213	390	32	based	base	VERB
cblr-1213	390	33	upon	upon	SCONJ
cblr-1213	390	34	a	a	DET
cblr-1213	390	35	formula	formula	NOUN
cblr-1213	390	36	or	or	CCONJ
cblr-1213	390	37	algorithm.128	algorithm.128	VERB
cblr-1213	390	38	each	each	DET
cblr-1213	390	39	participating	participate	VERB
cblr-1213	390	40	fund	fund	NOUN
cblr-1213	390	41	sets	set	VERB
cblr-1213	390	42	their	their	PRON
cblr-1213	390	43	own	own	ADJ
cblr-1213	390	44	swing	swing	NOUN
cblr-1213	390	45	pricing	pricing	NOUN
cblr-1213	390	46	procedures	procedure	NOUN
cblr-1213	390	47	,	,	PUNCT
cblr-1213	390	48	subject	subject	ADJ
cblr-1213	390	49	to	to	ADP
cblr-1213	390	50	the	the	DET
cblr-1213	390	51	following	following	ADJ
cblr-1213	390	52	restrictions	restriction	NOUN
cblr-1213	390	53	.	.	PUNCT
cblr-1213	391	1	first	first	ADV
cblr-1213	391	2	,	,	PUNCT
cblr-1213	391	3	any	any	DET
cblr-1213	391	4	swing	swing	NOUN
cblr-1213	391	5	factor	factor	NOUN
cblr-1213	391	6	used	use	VERB
cblr-1213	391	7	must	must	AUX
cblr-1213	391	8	be	be	AUX
cblr-1213	391	9	reasonable	reasonable	ADJ
cblr-1213	391	10	in	in	ADP
cblr-1213	391	11	relation	relation	NOUN
cblr-1213	391	12	to	to	ADP
cblr-1213	391	13	the	the	DET
cblr-1213	391	14	cost	cost	NOUN
cblr-1213	391	15	incurred	incur	VERB
cblr-1213	391	16	by	by	ADP
cblr-1213	391	17	the	the	DET
cblr-1213	391	18	fund.129	fund.129	PROPN
cblr-1213	391	19	second	second	PROPN
cblr-1213	391	20	,	,	PUNCT
cblr-1213	391	21	a	a	DET
cblr-1213	391	22	mutual	mutual	ADJ
cblr-1213	391	23	fund	fund	NOUN
cblr-1213	391	24	’s	’s	PART
cblr-1213	391	25	board	board	NOUN
cblr-1213	391	26	of	of	ADP
cblr-1213	391	27	directors	director	NOUN
cblr-1213	391	28	must	must	AUX
cblr-1213	391	29	establish	establish	VERB
cblr-1213	391	30	and	and	CCONJ
cblr-1213	391	31	disclose	disclose	VERB
cblr-1213	391	32	an	an	DET
cblr-1213	391	33	upper	upper	ADJ
cblr-1213	391	34	swing	swing	NOUN
cblr-1213	391	35	limit	limit	NOUN
cblr-1213	391	36	that	that	PRON
cblr-1213	391	37	can	can	AUX
cblr-1213	391	38	not	not	PART
cblr-1213	391	39	122	122	NUM
cblr-1213	391	40	the	the	DET
cblr-1213	391	41	designated	designate	VERB
cblr-1213	391	42	swing	swing	NOUN
cblr-1213	391	43	pricing	pricing	NOUN
cblr-1213	391	44	administrator	administrator	NOUN
cblr-1213	391	45	within	within	ADP
cblr-1213	391	46	the	the	DET
cblr-1213	391	47	fund	fund	NOUN
cblr-1213	391	48	sets	set	VERB
cblr-1213	391	49	the	the	DET
cblr-1213	391	50	swing	swing	NOUN
cblr-1213	391	51	factor	factor	NOUN
cblr-1213	391	52	,	,	PUNCT
cblr-1213	391	53	though	though	SCONJ
cblr-1213	391	54	the	the	DET
cblr-1213	391	55	upper	upper	ADJ
cblr-1213	391	56	limit	limit	NOUN
cblr-1213	391	57	must	must	AUX
cblr-1213	391	58	be	be	AUX
cblr-1213	391	59	approved	approve	VERB
cblr-1213	391	60	by	by	ADP
cblr-1213	391	61	the	the	DET
cblr-1213	391	62	board	board	NOUN
cblr-1213	391	63	.	.	PUNCT
cblr-1213	392	1	final	final	ADJ
cblr-1213	392	2	rules	rule	NOUN
cblr-1213	392	3	,	,	PUNCT
cblr-1213	392	4	supra	supra	PROPN
cblr-1213	392	5	note	note	NOUN
cblr-1213	392	6	4	4	NUM
cblr-1213	392	7	,	,	PUNCT
cblr-1213	392	8	at	at	ADP
cblr-1213	392	9	82104	82104	NUM
cblr-1213	392	10	,	,	PUNCT
cblr-1213	392	11	82108	82108	NUM
cblr-1213	392	12	.	.	PUNCT
cblr-1213	393	1	see	see	VERB
cblr-1213	393	2	also	also	ADV
cblr-1213	393	3	i	i	PROPN
cblr-1213	393	4	d.	d.	PROPN
cblr-1213	393	5	at	at	ADP
cblr-1213	393	6	82108	82108	NUM
cblr-1213	393	7	(	(	PUNCT
cblr-1213	393	8	requiring	require	VERB
cblr-1213	393	9	swing	swing	NOUN
cblr-1213	393	10	pricing	pricing	NOUN
cblr-1213	393	11	funds	fund	NOUN
cblr-1213	393	12	to	to	PART
cblr-1213	393	13	designate	designate	VERB
cblr-1213	393	14	an	an	DET
cblr-1213	393	15	officer	officer	NOUN
cblr-1213	393	16	responsible	responsible	ADJ
cblr-1213	393	17	for	for	ADP
cblr-1213	393	18	administering	administer	VERB
cblr-1213	393	19	the	the	DET
cblr-1213	393	20	policy	policy	NOUN
cblr-1213	393	21	)	)	PUNCT
cblr-1213	393	22	.	.	PUNCT
cblr-1213	394	1	123	123	NUM
cblr-1213	395	1	i	i	PRON
cblr-1213	395	2	d.	d.	PROPN
cblr-1213	395	3	at	at	ADP
cblr-1213	395	4	82104	82104	NUM
cblr-1213	395	5	.	.	PUNCT
cblr-1213	396	1	124	124	NUM
cblr-1213	397	1	i	i	PRON
cblr-1213	397	2	d.	d.	NOUN
cblr-1213	397	3	125	125	NUM
cblr-1213	397	4	final	final	ADJ
cblr-1213	397	5	rules	rule	NOUN
cblr-1213	397	6	,	,	PUNCT
cblr-1213	397	7	supra	supra	PROPN
cblr-1213	397	8	note	note	NOUN
cblr-1213	397	9	4	4	NUM
cblr-1213	397	10	,	,	PUNCT
cblr-1213	397	11	at	at	ADP
cblr-1213	397	12	82104–05	82104–05	NUM
cblr-1213	397	13	.	.	PUNCT
cblr-1213	398	1	see	see	AUX
cblr-1213	398	2	also	also	ADV
cblr-1213	398	3	swing	swing	VERB
cblr-1213	398	4	pricing	price	VERB
cblr-1213	398	5	first	first	ADJ
cblr-1213	398	6	proposal	proposal	NOUN
cblr-1213	398	7	,	,	PUNCT
cblr-1213	398	8	supra	supra	PROPN
cblr-1213	398	9	note	note	NOUN
cblr-1213	398	10	4	4	NUM
cblr-1213	398	11	,	,	PUNCT
cblr-1213	398	12	at	at	ADP
cblr-1213	398	13	62336	62336	NUM
cblr-1213	398	14	(	(	PUNCT
cblr-1213	398	15	also	also	ADV
cblr-1213	398	16	including	include	VERB
cblr-1213	398	17	market	market	NOUN
cblr-1213	398	18	impact	impact	NOUN
cblr-1213	398	19	costs	cost	NOUN
cblr-1213	398	20	,	,	PUNCT
cblr-1213	398	21	which	which	PRON
cblr-1213	398	22	were	be	AUX
cblr-1213	398	23	eliminated	eliminate	VERB
cblr-1213	398	24	from	from	ADP
cblr-1213	398	25	consideration	consideration	NOUN
cblr-1213	398	26	in	in	ADP
cblr-1213	398	27	setting	set	VERB
cblr-1213	398	28	the	the	DET
cblr-1213	398	29	swing	swing	NOUN
cblr-1213	398	30	factor	factor	NOUN
cblr-1213	398	31	in	in	ADP
cblr-1213	398	32	the	the	DET
cblr-1213	398	33	final	final	ADJ
cblr-1213	398	34	rule	rule	NOUN
cblr-1213	398	35	)	)	PUNCT
cblr-1213	398	36	.	.	PUNCT
cblr-1213	399	1	126	126	NUM
cblr-1213	399	2	final	final	ADJ
cblr-1213	399	3	rules	rule	NOUN
cblr-1213	399	4	,	,	PUNCT
cblr-1213	399	5	supra	supra	NOUN
cblr-1213	399	6	note	note	NOUN
cblr-1213	399	7	4	4	NUM
cblr-1213	399	8	at	at	ADP
cblr-1213	399	9	82104–05	82104–05	NUM
cblr-1213	399	10	;	;	PUNCT
cblr-1213	399	11	swing	swing	NOUN
cblr-1213	399	12	pricing	price	VERB
cblr-1213	399	13	first	first	ADJ
cblr-1213	399	14	proposal	proposal	NOUN
cblr-1213	399	15	,	,	PUNCT
cblr-1213	399	16	supra	supra	PROPN
cblr-1213	399	17	note	note	NOUN
cblr-1213	399	18	4	4	NUM
cblr-1213	399	19	,	,	PUNCT
cblr-1213	399	20	at	at	ADP
cblr-1213	399	21	62336–37	62336–37	NOUN
cblr-1213	399	22	.	.	PUNCT
cblr-1213	400	1	127	127	NUM
cblr-1213	400	2	swing	swing	NOUN
cblr-1213	400	3	pricing	price	VERB
cblr-1213	400	4	first	first	ADJ
cblr-1213	400	5	proposal	proposal	NOUN
cblr-1213	400	6	,	,	PUNCT
cblr-1213	400	7	supra	supra	PROPN
cblr-1213	400	8	note	note	NOUN
cblr-1213	400	9	4	4	NUM
cblr-1213	400	10	,	,	PUNCT
cblr-1213	400	11	at	at	ADP
cblr-1213	400	12	62336	62336	NUM
cblr-1213	400	13	.	.	PUNCT
cblr-1213	401	1	128	128	NUM
cblr-1213	401	2	final	final	ADJ
cblr-1213	401	3	rules	rule	NOUN
cblr-1213	401	4	,	,	PUNCT
cblr-1213	401	5	supra	supra	PROPN
cblr-1213	401	6	note	note	NOUN
cblr-1213	401	7	4	4	NUM
cblr-1213	401	8	,	,	PUNCT
cblr-1213	401	9	at	at	ADP
cblr-1213	401	10	82107	82107	NUM
cblr-1213	401	11	.	.	PUNCT
cblr-1213	402	1	129	129	NUM
cblr-1213	403	1	i	i	PRON
cblr-1213	403	2	d.	d.	PROPN
cblr-1213	403	3	at	at	ADP
cblr-1213	403	4	82106	82106	NUM
cblr-1213	403	5	.	.	PUNCT
cblr-1213	404	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	405	1	no	no	INTJ
cblr-1213	405	2	.	.	PUNCT
cblr-1213	406	1	1:130	1:130	NUM
cblr-1213	406	2	]	]	X
cblr-1213	406	3	will	will	AUX
cblr-1213	406	4	swing	swing	VERB
cblr-1213	406	5	pricing	pricing	NOUN
cblr-1213	406	6	save	save	VERB
cblr-1213	406	7	sedentary	sedentary	ADJ
cblr-1213	406	8	shareholders	shareholder	NOUN
cblr-1213	406	9	?	?	PUNCT
cblr-1213	407	1	157	157	NUM
cblr-1213	407	2	exceed	exceed	VERB
cblr-1213	407	3	two	two	NUM
cblr-1213	407	4	percent	percent	NOUN
cblr-1213	407	5	of	of	ADP
cblr-1213	407	6	assets,130	assets,130	PROPN
cblr-1213	407	7	which	which	PRON
cblr-1213	407	8	avoids	avoid	VERB
cblr-1213	407	9	high	high	ADJ
cblr-1213	407	10	nav	nav	NOUN
cblr-1213	407	11	adjustments	adjustment	NOUN
cblr-1213	407	12	and	and	CCONJ
cblr-1213	407	13	resulting	result	VERB
cblr-1213	407	14	volatility.131	volatility.131	NOUN
cblr-1213	407	15	the	the	DET
cblr-1213	407	16	two	two	NUM
cblr-1213	407	17	-	-	PUNCT
cblr-1213	407	18	percent	percent	NOUN
cblr-1213	407	19	cap	cap	NOUN
cblr-1213	407	20	reflects	reflect	VERB
cblr-1213	407	21	common	common	ADJ
cblr-1213	407	22	practice	practice	NOUN
cblr-1213	407	23	in	in	ADP
cblr-1213	407	24	luxembourg	luxembourg	PROPN
cblr-1213	407	25	,	,	PUNCT
cblr-1213	407	26	as	as	ADV
cblr-1213	407	27	well	well	ADV
cblr-1213	407	28	as	as	ADP
cblr-1213	407	29	similar	similar	ADJ
cblr-1213	407	30	caps	cap	NOUN
cblr-1213	407	31	on	on	ADP
cblr-1213	407	32	redemption	redemption	NOUN
cblr-1213	407	33	fees	fee	NOUN
cblr-1213	407	34	under	under	ADP
cblr-1213	407	35	sec	sec	PROPN
cblr-1213	407	36	rule	rule	NOUN
cblr-1213	407	37	22c-2	22c-2	NOUN
cblr-1213	407	38	and	and	CCONJ
cblr-1213	407	39	restrictions	restriction	NOUN
cblr-1213	407	40	on	on	ADP
cblr-1213	407	41	money	money	NOUN
cblr-1213	407	42	market	market	NOUN
cblr-1213	407	43	funds.132	funds.132	VERB
cblr-1213	407	44	the	the	DET
cblr-1213	407	45	swing	swing	NOUN
cblr-1213	407	46	pricing	pricing	NOUN
cblr-1213	407	47	limits	limit	NOUN
cblr-1213	407	48	reflect	reflect	VERB
cblr-1213	407	49	the	the	DET
cblr-1213	407	50	balance	balance	NOUN
cblr-1213	407	51	the	the	DET
cblr-1213	407	52	sec	sec	PROPN
cblr-1213	407	53	struck	strike	VERB
cblr-1213	407	54	between	between	ADP
cblr-1213	407	55	fund	fund	NOUN
cblr-1213	407	56	discretion	discretion	NOUN
cblr-1213	407	57	and	and	CCONJ
cblr-1213	407	58	investorprotection	investorprotection	NOUN
cblr-1213	407	59	concerns.133	concerns.133	VERB
cblr-1213	407	60	the	the	DET
cblr-1213	407	61	final	final	ADJ
cblr-1213	407	62	swing	swing	NOUN
cblr-1213	407	63	pricing	pricing	NOUN
cblr-1213	407	64	rules	rule	NOUN
cblr-1213	407	65	differ	differ	VERB
cblr-1213	407	66	from	from	ADP
cblr-1213	407	67	the	the	DET
cblr-1213	407	68	proposed	propose	VERB
cblr-1213	407	69	rules	rule	NOUN
cblr-1213	407	70	by	by	ADP
cblr-1213	407	71	excluding	exclude	VERB
cblr-1213	407	72	market	market	NOUN
cblr-1213	407	73	impact	impact	NOUN
cblr-1213	407	74	costs	cost	NOUN
cblr-1213	407	75	and	and	CCONJ
cblr-1213	407	76	asset	asset	NOUN
cblr-1213	407	77	values	value	NOUN
cblr-1213	407	78	from	from	ADP
cblr-1213	407	79	the	the	DET
cblr-1213	407	80	swing	swing	NOUN
cblr-1213	407	81	factors.134	factors.134	PROPN
cblr-1213	407	82	the	the	DET
cblr-1213	407	83	sec	sec	PROPN
cblr-1213	407	84	cited	cite	VERB
cblr-1213	407	85	difficulty	difficulty	NOUN
cblr-1213	407	86	in	in	ADP
cblr-1213	407	87	calculating	calculate	VERB
cblr-1213	407	88	market	market	NOUN
cblr-1213	407	89	impact	impact	NOUN
cblr-1213	407	90	costs	cost	NOUN
cblr-1213	407	91	and	and	CCONJ
cblr-1213	407	92	the	the	DET
cblr-1213	407	93	limited	limited	ADJ
cblr-1213	407	94	experience	experience	NOUN
cblr-1213	407	95	in	in	ADP
cblr-1213	407	96	other	other	ADJ
cblr-1213	407	97	swing	swing	NOUN
cblr-1213	407	98	pricing	price	VERB
cblr-1213	407	99	jurisdictions.135	jurisdictions.135	PROPN
cblr-1213	407	100	alfi	alfi	PROPN
cblr-1213	407	101	’s	’s	PART
cblr-1213	407	102	2015	2015	NUM
cblr-1213	407	103	swing	swing	NOUN
cblr-1213	407	104	pricing	pricing	NOUN
cblr-1213	407	105	survey	survey	NOUN
cblr-1213	407	106	documented	document	VERB
cblr-1213	407	107	that	that	SCONJ
cblr-1213	407	108	few	few	ADJ
cblr-1213	407	109	funds	fund	NOUN
cblr-1213	407	110	incorporate	incorporate	VERB
cblr-1213	407	111	market	market	NOUN
cblr-1213	407	112	impact	impact	NOUN
cblr-1213	407	113	costs	cost	NOUN
cblr-1213	407	114	into	into	ADP
cblr-1213	407	115	its	its	PRON
cblr-1213	407	116	swing	swing	NOUN
cblr-1213	407	117	factor.136	factor.136	NOUN
cblr-1213	407	118	the	the	DET
cblr-1213	407	119	final	final	ADJ
cblr-1213	407	120	rules	rule	NOUN
cblr-1213	407	121	also	also	ADV
cblr-1213	407	122	excluded	exclude	VERB
cblr-1213	407	123	the	the	DET
cblr-1213	407	124	value	value	NOUN
cblr-1213	407	125	of	of	ADP
cblr-1213	407	126	assets	asset	NOUN
cblr-1213	407	127	purchased	purchase	VERB
cblr-1213	407	128	or	or	CCONJ
cblr-1213	407	129	sold	sell	VERB
cblr-1213	407	130	from	from	ADP
cblr-1213	407	131	the	the	DET
cblr-1213	407	132	swing	swing	NOUN
cblr-1213	407	133	factor	factor	NOUN
cblr-1213	407	134	because	because	SCONJ
cblr-1213	407	135	it	it	PRON
cblr-1213	407	136	would	would	AUX
cblr-1213	407	137	have	have	AUX
cblr-1213	407	138	required	require	VERB
cblr-1213	407	139	“	"	PUNCT
cblr-1213	407	140	a	a	DET
cblr-1213	407	141	level	level	NOUN
cblr-1213	407	142	of	of	ADP
cblr-1213	407	143	precision	precision	NOUN
cblr-1213	407	144	in	in	ADP
cblr-1213	407	145	setting	set	VERB
cblr-1213	407	146	the	the	DET
cblr-1213	407	147	swing	swing	NOUN
cblr-1213	407	148	factor	factor	NOUN
cblr-1213	407	149	.	.	PUNCT
cblr-1213	407	150	.	.	PUNCT
cblr-1213	407	151	.	.	PUNCT
cblr-1213	408	1	that	that	PRON
cblr-1213	408	2	would	would	AUX
cblr-1213	408	3	undercut	undercut	VERB
cblr-1213	408	4	funds	fund	NOUN
cblr-1213	408	5	being	be	AUX
cblr-1213	408	6	able	able	ADJ
cblr-1213	408	7	to	to	PART
cblr-1213	408	8	set	set	VERB
cblr-1213	408	9	a	a	DET
cblr-1213	408	10	swing	swing	NOUN
cblr-1213	408	11	factor	factor	NOUN
cblr-1213	408	12	on	on	ADP
cblr-1213	408	13	a	a	DET
cblr-1213	408	14	periodic	periodic	ADJ
cblr-1213	408	15	basis	basis	NOUN
cblr-1213	408	16	.	.	PUNCT
cblr-1213	409	1	”137	”137	PUNCT
cblr-1213	409	2	asset	asset	NOUN
cblr-1213	409	3	value	value	NOUN
cblr-1213	409	4	,	,	PUNCT
cblr-1213	409	5	if	if	SCONJ
cblr-1213	409	6	left	leave	VERB
cblr-1213	409	7	in	in	ADP
cblr-1213	409	8	,	,	PUNCT
cblr-1213	409	9	would	would	AUX
cblr-1213	409	10	have	have	AUX
cblr-1213	409	11	required	require	VERB
cblr-1213	409	12	managers	manager	NOUN
cblr-1213	409	13	to	to	PART
cblr-1213	409	14	evaluate	evaluate	VERB
cblr-1213	409	15	possible	possible	ADJ
cblr-1213	409	16	future	future	ADJ
cblr-1213	409	17	trades	trade	NOUN
cblr-1213	409	18	—	—	PUNCT
cblr-1213	409	19	a	a	DET
cblr-1213	409	20	difficult	difficult	ADJ
cblr-1213	409	21	task	task	NOUN
cblr-1213	409	22	in	in	ADP
cblr-1213	409	23	volatile	volatile	ADJ
cblr-1213	409	24	market	market	NOUN
cblr-1213	409	25	conditions	condition	NOUN
cblr-1213	409	26	.	.	PUNCT
cblr-1213	410	1	consider	consider	VERB
cblr-1213	410	2	for	for	ADP
cblr-1213	410	3	example	example	NOUN
cblr-1213	410	4	,	,	PUNCT
cblr-1213	410	5	that	that	SCONJ
cblr-1213	410	6	a	a	DET
cblr-1213	410	7	fund	fund	NOUN
cblr-1213	410	8	manager	manager	NOUN
cblr-1213	410	9	130	130	NUM
cblr-1213	410	10	i	i	PRON
cblr-1213	410	11	d.	d.	PROPN
cblr-1213	410	12	at	at	ADP
cblr-1213	410	13	82106	82106	NUM
cblr-1213	410	14	.	.	PUNCT
cblr-1213	411	1	funds	fund	NOUN
cblr-1213	411	2	must	must	AUX
cblr-1213	411	3	disclose	disclose	VERB
cblr-1213	411	4	the	the	DET
cblr-1213	411	5	upper	upper	ADJ
cblr-1213	411	6	limits	limit	NOUN
cblr-1213	411	7	in	in	ADP
cblr-1213	411	8	form	form	NOUN
cblr-1213	411	9	n-1a	n-1a	NOUN
cblr-1213	411	10	and	and	CCONJ
cblr-1213	411	11	form	form	NOUN
cblr-1213	411	12	n	n	CCONJ
cblr-1213	411	13	-	-	PUNCT
cblr-1213	411	14	cen	cen	NOUN
cblr-1213	411	15	.	.	PUNCT
cblr-1213	412	1	i	i	PRON
cblr-1213	412	2	d.	d.	PROPN
cblr-1213	412	3	at	at	ADP
cblr-1213	412	4	82107	82107	NUM
cblr-1213	412	5	.	.	PUNCT
cblr-1213	413	1	under	under	ADP
cblr-1213	413	2	the	the	DET
cblr-1213	413	3	proposed	propose	VERB
cblr-1213	413	4	rules	rule	NOUN
cblr-1213	413	5	,	,	PUNCT
cblr-1213	413	6	a	a	DET
cblr-1213	413	7	fund	fund	NOUN
cblr-1213	413	8	could	could	AUX
cblr-1213	413	9	choose	choose	VERB
cblr-1213	413	10	a	a	DET
cblr-1213	413	11	ceiling	ceiling	NOUN
cblr-1213	413	12	,	,	PUNCT
cblr-1213	413	13	but	but	CCONJ
cblr-1213	413	14	was	be	AUX
cblr-1213	413	15	not	not	PART
cblr-1213	413	16	required	require	VERB
cblr-1213	413	17	to	to	PART
cblr-1213	413	18	do	do	VERB
cblr-1213	413	19	so	so	ADV
cblr-1213	413	20	.	.	PUNCT
cblr-1213	414	1	swing	swing	NOUN
cblr-1213	414	2	pricing	price	VERB
cblr-1213	414	3	first	first	ADJ
cblr-1213	414	4	proposal	proposal	NOUN
cblr-1213	414	5	,	,	PUNCT
cblr-1213	414	6	supra	supra	PROPN
cblr-1213	414	7	note	note	NOUN
cblr-1213	414	8	4	4	NUM
cblr-1213	414	9	,	,	PUNCT
cblr-1213	414	10	at	at	ADP
cblr-1213	414	11	62337–38	62337–38	NOUN
cblr-1213	414	12	;	;	PUNCT
cblr-1213	414	13	final	final	ADJ
cblr-1213	414	14	rules	rule	NOUN
cblr-1213	414	15	,	,	PUNCT
cblr-1213	414	16	supra	supra	PROPN
cblr-1213	414	17	note	note	NOUN
cblr-1213	414	18	4	4	NUM
cblr-1213	414	19	,	,	PUNCT
cblr-1213	414	20	at	at	ADP
cblr-1213	414	21	82108–09	82108–09	NUM
cblr-1213	414	22	(	(	PUNCT
cblr-1213	414	23	discussing	discuss	VERB
cblr-1213	414	24	comments	comment	NOUN
cblr-1213	414	25	received	receive	VERB
cblr-1213	414	26	on	on	ADP
cblr-1213	414	27	swing	swing	NOUN
cblr-1213	414	28	pricing	pricing	NOUN
cblr-1213	414	29	threshold	threshold	NOUN
cblr-1213	414	30	)	)	PUNCT
cblr-1213	414	31	.	.	PUNCT
cblr-1213	415	1	131	131	NUM
cblr-1213	415	2	see	see	VERB
cblr-1213	415	3	supra	supra	PROPN
cblr-1213	415	4	note	note	PROPN
cblr-1213	415	5	117	117	NUM
cblr-1213	415	6	.	.	NOUN
cblr-1213	415	7	132	132	NUM
cblr-1213	415	8	final	final	ADJ
cblr-1213	415	9	rules	rule	NOUN
cblr-1213	415	10	,	,	PUNCT
cblr-1213	415	11	supra	supra	PROPN
cblr-1213	415	12	note	note	NOUN
cblr-1213	415	13	4	4	NUM
cblr-1213	415	14	,	,	PUNCT
cblr-1213	415	15	at	at	ADP
cblr-1213	415	16	82106–07	82106–07	NOUN
cblr-1213	415	17	;	;	PUNCT
cblr-1213	415	18	alfi	alfi	PROPN
cblr-1213	415	19	2015	2015	NUM
cblr-1213	415	20	survey	survey	NOUN
cblr-1213	415	21	,	,	PUNCT
cblr-1213	415	22	supra	supra	PROPN
cblr-1213	415	23	note	note	NOUN
cblr-1213	415	24	58	58	NUM
cblr-1213	415	25	,	,	PUNCT
cblr-1213	415	26	at	at	ADP
cblr-1213	415	27	4	4	NUM
cblr-1213	415	28	,	,	PUNCT
cblr-1213	415	29	11	11	NUM
cblr-1213	415	30	(	(	PUNCT
cblr-1213	415	31	in	in	ADP
cblr-1213	415	32	its	its	PRON
cblr-1213	415	33	2015	2015	NUM
cblr-1213	415	34	survey	survey	NOUN
cblr-1213	415	35	,	,	PUNCT
cblr-1213	415	36	alfi	alfi	PROPN
cblr-1213	415	37	notes	note	VERB
cblr-1213	415	38	that	that	SCONJ
cblr-1213	415	39	most	most	ADJ
cblr-1213	415	40	fund	fund	NOUN
cblr-1213	415	41	managers	manager	NOUN
cblr-1213	415	42	set	set	VERB
cblr-1213	415	43	a	a	DET
cblr-1213	415	44	cap	cap	NOUN
cblr-1213	415	45	on	on	ADP
cblr-1213	415	46	the	the	DET
cblr-1213	415	47	swing	swing	NOUN
cblr-1213	415	48	factor	factor	NOUN
cblr-1213	415	49	,	,	PUNCT
cblr-1213	415	50	with	with	ADP
cblr-1213	415	51	two	two	NUM
cblr-1213	415	52	percent	percent	NOUN
cblr-1213	415	53	,	,	PUNCT
cblr-1213	415	54	the	the	DET
cblr-1213	415	55	most	most	ADV
cblr-1213	415	56	common	common	ADJ
cblr-1213	415	57	number	number	NOUN
cblr-1213	415	58	)	)	PUNCT
cblr-1213	415	59	.	.	PUNCT
cblr-1213	416	1	133	133	NUM
cblr-1213	416	2	final	final	ADJ
cblr-1213	416	3	rules	rule	NOUN
cblr-1213	416	4	,	,	PUNCT
cblr-1213	416	5	supra	supra	PROPN
cblr-1213	416	6	note	note	NOUN
cblr-1213	416	7	4	4	NUM
cblr-1213	416	8	,	,	PUNCT
cblr-1213	416	9	at	at	ADP
cblr-1213	416	10	82109	82109	NUM
cblr-1213	416	11	.	.	PUNCT
cblr-1213	417	1	134	134	NUM
cblr-1213	417	2	final	final	ADJ
cblr-1213	417	3	rules	rule	NOUN
cblr-1213	417	4	,	,	PUNCT
cblr-1213	417	5	supra	supra	PROPN
cblr-1213	417	6	note	note	NOUN
cblr-1213	417	7	4	4	NUM
cblr-1213	417	8	,	,	PUNCT
cblr-1213	417	9	at	at	ADP
cblr-1213	417	10	82105	82105	NUM
cblr-1213	417	11	.	.	PUNCT
cblr-1213	418	1	135	135	NUM
cblr-1213	418	2	i	i	PRON
cblr-1213	418	3	d.	d.	PROPN
cblr-1213	418	4	note	note	VERB
cblr-1213	418	5	that	that	SCONJ
cblr-1213	418	6	the	the	DET
cblr-1213	418	7	third	third	ADJ
cblr-1213	418	8	swing	swing	NOUN
cblr-1213	418	9	threshold	threshold	NOUN
cblr-1213	418	10	considers	consider	VERB
cblr-1213	418	11	“	"	PUNCT
cblr-1213	418	12	costs	cost	NOUN
cblr-1213	418	13	associated	associate	VERB
cblr-1213	418	14	with	with	ADP
cblr-1213	418	15	transactions	transaction	NOUN
cblr-1213	418	16	in	in	ADP
cblr-1213	418	17	the	the	DET
cblr-1213	418	18	markets	market	NOUN
cblr-1213	418	19	in	in	ADP
cblr-1213	418	20	which	which	PRON
cblr-1213	418	21	the	the	DET
cblr-1213	418	22	fund	fund	NOUN
cblr-1213	418	23	invests	invest	NOUN
cblr-1213	418	24	”	"	PUNCT
cblr-1213	418	25	so	so	SCONJ
cblr-1213	418	26	the	the	DET
cblr-1213	418	27	rules	rule	NOUN
cblr-1213	418	28	indirectly	indirectly	ADV
cblr-1213	418	29	incorporate	incorporate	VERB
cblr-1213	418	30	market	market	NOUN
cblr-1213	418	31	impact	impact	NOUN
cblr-1213	418	32	costs	cost	NOUN
cblr-1213	418	33	.	.	PUNCT
cblr-1213	419	1	i	i	PRON
cblr-1213	419	2	d.	d.	PROPN
cblr-1213	419	3	at	at	ADP
cblr-1213	419	4	82095	82095	NUM
cblr-1213	419	5	.	.	PUNCT
cblr-1213	420	1	136	136	NUM
cblr-1213	420	2	alfi	alfi	NOUN
cblr-1213	420	3	2015	2015	NUM
cblr-1213	420	4	survey	survey	NOUN
cblr-1213	420	5	,	,	PUNCT
cblr-1213	420	6	supra	supra	PROPN
cblr-1213	420	7	note	note	NOUN
cblr-1213	420	8	58	58	NUM
cblr-1213	420	9	,	,	PUNCT
cblr-1213	420	10	at	at	ADP
cblr-1213	420	11	9–10	9–10	NOUN
cblr-1213	420	12	.	.	PUNCT
cblr-1213	421	1	other	other	ADJ
cblr-1213	421	2	variations	variation	NOUN
cblr-1213	421	3	in	in	ADP
cblr-1213	421	4	the	the	DET
cblr-1213	421	5	swing	swing	NOUN
cblr-1213	421	6	factor	factor	NOUN
cblr-1213	421	7	in	in	ADP
cblr-1213	421	8	european	european	ADJ
cblr-1213	421	9	jurisdictions	jurisdiction	NOUN
cblr-1213	421	10	include	include	VERB
cblr-1213	421	11	a	a	DET
cblr-1213	421	12	combination	combination	NOUN
cblr-1213	421	13	of	of	ADP
cblr-1213	421	14	bid	bid	NOUN
cblr-1213	421	15	/	/	SYM
cblr-1213	421	16	offer	offer	NOUN
cblr-1213	421	17	spread	spread	VERB
cblr-1213	421	18	impacts	impact	NOUN
cblr-1213	421	19	,	,	PUNCT
cblr-1213	421	20	excluding	exclude	VERB
cblr-1213	421	21	transaction	transaction	NOUN
cblr-1213	421	22	taxes	taxis	NOUN
cblr-1213	421	23	,	,	PUNCT
cblr-1213	421	24	and	and	CCONJ
cblr-1213	421	25	even	even	ADV
cblr-1213	421	26	excluding	exclude	VERB
cblr-1213	421	27	explicit	explicit	ADJ
cblr-1213	421	28	transaction	transaction	NOUN
cblr-1213	421	29	costs	cost	NOUN
cblr-1213	421	30	.	.	PUNCT
cblr-1213	422	1	i	i	PRON
cblr-1213	422	2	d.	d.	NOUN
cblr-1213	422	3	137	137	NUM
cblr-1213	422	4	final	final	ADJ
cblr-1213	422	5	rules	rule	NOUN
cblr-1213	422	6	,	,	PUNCT
cblr-1213	422	7	supra	supra	PROPN
cblr-1213	422	8	note	note	NOUN
cblr-1213	422	9	4	4	NUM
cblr-1213	422	10	,	,	PUNCT
cblr-1213	422	11	at	at	ADP
cblr-1213	422	12	82105	82105	NUM
cblr-1213	422	13	.	.	PUNCT
cblr-1213	423	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	423	2	158	158	NUM
cblr-1213	423	3	columbia	columbia	PROPN
cblr-1213	423	4	business	business	NOUN
cblr-1213	423	5	law	law	PROPN
cblr-1213	423	6	review	review	NOUN
cblr-1213	423	7	[	[	X
cblr-1213	423	8	vol	vol	NOUN
cblr-1213	423	9	.	.	PUNCT
cblr-1213	423	10	2018	2018	NUM
cblr-1213	423	11	may	may	AUX
cblr-1213	423	12	prepare	prepare	VERB
cblr-1213	423	13	to	to	PART
cblr-1213	423	14	mitigate	mitigate	VERB
cblr-1213	423	15	liquidity	liquidity	NOUN
cblr-1213	423	16	concerns	concern	NOUN
cblr-1213	423	17	if	if	SCONJ
cblr-1213	423	18	a	a	DET
cblr-1213	423	19	threshold	threshold	NOUN
cblr-1213	423	20	is	be	AUX
cblr-1213	423	21	met	meet	VERB
cblr-1213	423	22	.	.	PUNCT
cblr-1213	424	1	she	she	PRON
cblr-1213	424	2	may	may	AUX
cblr-1213	424	3	utilize	utilize	VERB
cblr-1213	424	4	a	a	DET
cblr-1213	424	5	credit	credit	NOUN
cblr-1213	424	6	facility138	facility138	PROPN
cblr-1213	424	7	with	with	ADP
cblr-1213	424	8	the	the	DET
cblr-1213	424	9	plan	plan	NOUN
cblr-1213	424	10	to	to	PART
cblr-1213	424	11	trade	trade	VERB
cblr-1213	424	12	the	the	DET
cblr-1213	424	13	following	following	ADJ
cblr-1213	424	14	day	day	NOUN
cblr-1213	424	15	after	after	SCONJ
cblr-1213	424	16	volatility	volatility	NOUN
cblr-1213	424	17	has	have	AUX
cblr-1213	424	18	decreased	decrease	VERB
cblr-1213	424	19	.	.	PUNCT
cblr-1213	425	1	she	she	PRON
cblr-1213	425	2	has	have	VERB
cblr-1213	425	3	an	an	DET
cblr-1213	425	4	idea	idea	NOUN
cblr-1213	425	5	of	of	ADP
cblr-1213	425	6	what	what	PRON
cblr-1213	425	7	to	to	PART
cblr-1213	425	8	sell	sell	VERB
cblr-1213	425	9	,	,	PUNCT
cblr-1213	425	10	but	but	CCONJ
cblr-1213	425	11	if	if	SCONJ
cblr-1213	425	12	the	the	DET
cblr-1213	425	13	following	follow	VERB
cblr-1213	425	14	day	day	NOUN
cblr-1213	425	15	an	an	DET
cblr-1213	425	16	off	off	ADV
cblr-1213	425	17	-	-	PUNCT
cblr-1213	425	18	setting	set	VERB
cblr-1213	425	19	purchase	purchase	NOUN
cblr-1213	425	20	is	be	AUX
cblr-1213	425	21	made	make	VERB
cblr-1213	425	22	into	into	ADP
cblr-1213	425	23	the	the	DET
cblr-1213	425	24	fund	fund	NOUN
cblr-1213	425	25	,	,	PUNCT
cblr-1213	425	26	it	it	PRON
cblr-1213	425	27	negates	negate	VERB
cblr-1213	425	28	the	the	DET
cblr-1213	425	29	need	need	NOUN
cblr-1213	425	30	for	for	ADP
cblr-1213	425	31	any	any	DET
cblr-1213	425	32	additional	additional	ADJ
cblr-1213	425	33	securities	security	NOUN
cblr-1213	425	34	transactions	transaction	NOUN
cblr-1213	425	35	.	.	PUNCT
cblr-1213	426	1	downward	downward	ADJ
cblr-1213	426	2	adjustment	adjustment	NOUN
cblr-1213	426	3	to	to	ADP
cblr-1213	426	4	the	the	DET
cblr-1213	426	5	nav	nav	NOUN
cblr-1213	426	6	because	because	SCONJ
cblr-1213	426	7	of	of	ADP
cblr-1213	426	8	the	the	DET
cblr-1213	426	9	anticipated	anticipated	ADJ
cblr-1213	426	10	,	,	PUNCT
cblr-1213	426	11	but	but	CCONJ
cblr-1213	426	12	unrealized	unrealize	VERB
cblr-1213	426	13	,	,	PUNCT
cblr-1213	426	14	transaction	transaction	NOUN
cblr-1213	426	15	would	would	AUX
cblr-1213	426	16	invert	invert	VERB
cblr-1213	426	17	the	the	DET
cblr-1213	426	18	investor	investor	NOUN
cblr-1213	426	19	protection	protection	NOUN
cblr-1213	426	20	and	and	CCONJ
cblr-1213	426	21	anti	anti	ADJ
cblr-1213	426	22	-	-	ADJ
cblr-1213	426	23	dilution	dilution	ADJ
cblr-1213	426	24	principles	principle	NOUN
cblr-1213	426	25	of	of	ADP
cblr-1213	426	26	the	the	DET
cblr-1213	426	27	swing	swing	NOUN
cblr-1213	426	28	pricing	pricing	NOUN
cblr-1213	426	29	rules	rule	NOUN
cblr-1213	426	30	.	.	PUNCT
cblr-1213	427	1	4	4	X
cblr-1213	427	2	.	.	X
cblr-1213	427	3	bod	bod	ADJ
cblr-1213	427	4	implementation	implementation	NOUN
cblr-1213	427	5	and	and	CCONJ
cblr-1213	427	6	oversight	oversight	NOUN
cblr-1213	427	7	the	the	DET
cblr-1213	427	8	sec	sec	PROPN
cblr-1213	427	9	’s	’s	PART
cblr-1213	427	10	swing	swing	NOUN
cblr-1213	427	11	pricing	pricing	NOUN
cblr-1213	427	12	rules	rule	NOUN
cblr-1213	427	13	emphasize	emphasize	VERB
cblr-1213	427	14	implementation	implementation	NOUN
cblr-1213	427	15	procedures	procedure	NOUN
cblr-1213	427	16	and	and	CCONJ
cblr-1213	427	17	ongoing	ongoing	ADJ
cblr-1213	427	18	oversight	oversight	NOUN
cblr-1213	427	19	to	to	PART
cblr-1213	427	20	facilitate	facilitate	VERB
cblr-1213	427	21	accountability	accountability	NOUN
cblr-1213	427	22	,	,	PUNCT
cblr-1213	427	23	fiduciary	fiduciary	ADJ
cblr-1213	427	24	duty	duty	NOUN
cblr-1213	427	25	-	-	PUNCT
cblr-1213	427	26	triggering	trigger	VERB
cblr-1213	427	27	actions	action	NOUN
cblr-1213	427	28	,	,	PUNCT
cblr-1213	427	29	and	and	CCONJ
cblr-1213	427	30	shareholder	shareholder	NOUN
cblr-1213	427	31	disclosure	disclosure	NOUN
cblr-1213	427	32	.	.	PUNCT
cblr-1213	428	1	a.	a.	PROPN
cblr-1213	428	2	operational	operational	ADJ
cblr-1213	428	3	accountability	accountability	NOUN
cblr-1213	428	4	a	a	DET
cblr-1213	428	5	fund	fund	NOUN
cblr-1213	428	6	must	must	AUX
cblr-1213	428	7	segregate	segregate	VERB
cblr-1213	428	8	swing	swing	NOUN
cblr-1213	428	9	pricing	pricing	NOUN
cblr-1213	428	10	operations	operation	NOUN
cblr-1213	428	11	from	from	ADP
cblr-1213	428	12	fund	fund	NOUN
cblr-1213	428	13	portfolio	portfolio	NOUN
cblr-1213	428	14	management.139	management.139	VERB
cblr-1213	428	15	a	a	DET
cblr-1213	428	16	fund	fund	NOUN
cblr-1213	428	17	board	board	NOUN
cblr-1213	428	18	must	must	AUX
cblr-1213	428	19	also	also	ADV
cblr-1213	428	20	appoint	appoint	VERB
cblr-1213	428	21	a	a	DET
cblr-1213	428	22	swing	swing	NOUN
cblr-1213	428	23	pricing	pricing	NOUN
cblr-1213	428	24	administrator	administrator	NOUN
cblr-1213	428	25	—	—	PUNCT
cblr-1213	428	26	a	a	DET
cblr-1213	428	27	fund	fund	NOUN
cblr-1213	428	28	officer	officer	NOUN
cblr-1213	428	29	,	,	PUNCT
cblr-1213	428	30	investment	investment	NOUN
cblr-1213	428	31	advisor	advisor	NOUN
cblr-1213	428	32	,	,	PUNCT
cblr-1213	428	33	or	or	CCONJ
cblr-1213	428	34	committee	committee	NOUN
cblr-1213	428	35	—	—	PUNCT
cblr-1213	428	36	responsible	responsible	ADJ
cblr-1213	428	37	for	for	ADP
cblr-1213	428	38	implementing	implement	VERB
cblr-1213	428	39	and	and	CCONJ
cblr-1213	428	40	overseeing	oversee	VERB
cblr-1213	428	41	swing	swing	NOUN
cblr-1213	428	42	pricing.140	pricing.140	VERB
cblr-1213	428	43	the	the	DET
cblr-1213	428	44	swing	swing	NOUN
cblr-1213	428	45	pricing	pricing	NOUN
cblr-1213	428	46	administrator	administrator	NOUN
cblr-1213	428	47	submits	submit	VERB
cblr-1213	428	48	138	138	NUM
cblr-1213	428	49	a	a	DET
cblr-1213	428	50	credit	credit	NOUN
cblr-1213	428	51	facility	facility	NOUN
cblr-1213	428	52	is	be	AUX
cblr-1213	428	53	a	a	DET
cblr-1213	428	54	line	line	NOUN
cblr-1213	428	55	of	of	ADP
cblr-1213	428	56	credit	credit	NOUN
cblr-1213	428	57	available	available	ADJ
cblr-1213	428	58	to	to	ADP
cblr-1213	428	59	funds	fund	NOUN
cblr-1213	428	60	from	from	ADP
cblr-1213	428	61	a	a	DET
cblr-1213	428	62	bank	bank	NOUN
cblr-1213	428	63	or	or	CCONJ
cblr-1213	428	64	other	other	ADJ
cblr-1213	428	65	financial	financial	ADJ
cblr-1213	428	66	institution	institution	NOUN
cblr-1213	428	67	that	that	PRON
cblr-1213	428	68	allows	allow	VERB
cblr-1213	428	69	funds	fund	NOUN
cblr-1213	428	70	to	to	PART
cblr-1213	428	71	borrow	borrow	VERB
cblr-1213	428	72	instead	instead	ADV
cblr-1213	428	73	of	of	ADP
cblr-1213	428	74	selling	sell	VERB
cblr-1213	428	75	shares	share	NOUN
cblr-1213	428	76	in	in	ADP
cblr-1213	428	77	an	an	DET
cblr-1213	428	78	unfavorable	unfavorable	ADJ
cblr-1213	428	79	market	market	NOUN
cblr-1213	428	80	in	in	ADP
cblr-1213	428	81	order	order	NOUN
cblr-1213	428	82	to	to	PART
cblr-1213	428	83	meet	meet	VERB
cblr-1213	428	84	large	large	ADJ
cblr-1213	428	85	redemptions	redemption	NOUN
cblr-1213	428	86	or	or	CCONJ
cblr-1213	428	87	address	address	VERB
cblr-1213	428	88	liquidity	liquidity	NOUN
cblr-1213	428	89	concerns	concern	NOUN
cblr-1213	428	90	with	with	ADP
cblr-1213	428	91	small	small	ADJ
cblr-1213	428	92	cap	cap	NOUN
cblr-1213	428	93	companies	company	NOUN
cblr-1213	428	94	.	.	PUNCT
cblr-1213	429	1	see	see	VERB
cblr-1213	429	2	,	,	PUNCT
cblr-1213	429	3	e.g.	e.g.	ADV
cblr-1213	429	4	,	,	PUNCT
cblr-1213	429	5	lee	lee	PROPN
cblr-1213	429	6	gremillion	gremillion	PROPN
cblr-1213	429	7	,	,	PUNCT
cblr-1213	429	8	mutual	mutual	ADJ
cblr-1213	429	9	fund	fund	NOUN
cblr-1213	429	10	industry	industry	NOUN
cblr-1213	429	11	handbook	handbook	NOUN
cblr-1213	429	12	:	:	PUNCT
cblr-1213	429	13	a	a	DET
cblr-1213	429	14	comprehensive	comprehensive	ADJ
cblr-1213	429	15	guide	guide	NOUN
cblr-1213	429	16	for	for	ADP
cblr-1213	429	17	investment	investment	NOUN
cblr-1213	429	18	professionals	professional	NOUN
cblr-1213	429	19	115	115	NUM
cblr-1213	429	20	(	(	PUNCT
cblr-1213	429	21	2005	2005	NUM
cblr-1213	429	22	)	)	PUNCT
cblr-1213	429	23	(	(	PUNCT
cblr-1213	429	24	discussing	discuss	VERB
cblr-1213	429	25	fund	fund	NOUN
cblr-1213	429	26	lines	line	NOUN
cblr-1213	429	27	of	of	ADP
cblr-1213	429	28	credit	credit	NOUN
cblr-1213	429	29	)	)	PUNCT
cblr-1213	429	30	.	.	PUNCT
cblr-1213	430	1	139	139	NUM
cblr-1213	430	2	final	final	ADJ
cblr-1213	430	3	rules	rule	NOUN
cblr-1213	430	4	,	,	PUNCT
cblr-1213	430	5	supra	supra	PROPN
cblr-1213	430	6	note	note	NOUN
cblr-1213	430	7	4	4	NUM
cblr-1213	430	8	,	,	PUNCT
cblr-1213	430	9	at	at	ADP
cblr-1213	430	10	82108	82108	NUM
cblr-1213	430	11	,	,	PUNCT
cblr-1213	430	12	82110	82110	NUM
cblr-1213	430	13	.	.	PUNCT
cblr-1213	431	1	the	the	DET
cblr-1213	431	2	sec	sec	PROPN
cblr-1213	431	3	clarified	clarify	VERB
cblr-1213	431	4	segregation	segregation	NOUN
cblr-1213	431	5	requirements	requirement	NOUN
cblr-1213	431	6	in	in	ADP
cblr-1213	431	7	the	the	DET
cblr-1213	431	8	final	final	ADJ
cblr-1213	431	9	rules	rule	NOUN
cblr-1213	431	10	and	and	CCONJ
cblr-1213	431	11	specifically	specifically	ADV
cblr-1213	431	12	excluded	exclude	VERB
cblr-1213	431	13	portfolio	portfolio	NOUN
cblr-1213	431	14	managers	manager	NOUN
cblr-1213	431	15	in	in	ADP
cblr-1213	431	16	order	order	NOUN
cblr-1213	431	17	to	to	PART
cblr-1213	431	18	discourage	discourage	VERB
cblr-1213	431	19	potential	potential	ADJ
cblr-1213	431	20	incentives	incentive	NOUN
cblr-1213	431	21	to	to	PART
cblr-1213	431	22	set	set	VERB
cblr-1213	431	23	swing	swing	NOUN
cblr-1213	431	24	factors	factor	NOUN
cblr-1213	431	25	to	to	PART
cblr-1213	431	26	manipulate	manipulate	VERB
cblr-1213	431	27	short	short	ADJ
cblr-1213	431	28	-	-	PUNCT
cblr-1213	431	29	term	term	NOUN
cblr-1213	431	30	performance	performance	NOUN
cblr-1213	431	31	,	,	PUNCT
cblr-1213	431	32	benchmark	benchmark	NOUN
cblr-1213	431	33	setting	setting	NOUN
cblr-1213	431	34	,	,	PUNCT
cblr-1213	431	35	and	and	CCONJ
cblr-1213	431	36	peer	peer	NOUN
cblr-1213	431	37	comparisons	comparison	NOUN
cblr-1213	431	38	.	.	PUNCT
cblr-1213	432	1	i	i	PRON
cblr-1213	432	2	d.	d.	PROPN
cblr-1213	432	3	at	at	ADP
cblr-1213	432	4	82110–11	82110–11	NUM
cblr-1213	432	5	.	.	PUNCT
cblr-1213	433	1	140	140	NUM
cblr-1213	433	2	i	i	PRON
cblr-1213	433	3	d.	d.	PROPN
cblr-1213	433	4	at	at	ADP
cblr-1213	433	5	82108	82108	NUM
cblr-1213	433	6	,	,	PUNCT
cblr-1213	433	7	82110	82110	NUM
cblr-1213	433	8	.	.	PUNCT
cblr-1213	434	1	see	see	VERB
cblr-1213	434	2	also	also	ADV
cblr-1213	434	3	pricing	price	VERB
cblr-1213	434	4	of	of	ADP
cblr-1213	434	5	redeemable	redeemable	ADJ
cblr-1213	434	6	securities	security	NOUN
cblr-1213	434	7	for	for	ADP
cblr-1213	434	8	distribution	distribution	NOUN
cblr-1213	434	9	,	,	PUNCT
cblr-1213	434	10	redemption	redemption	NOUN
cblr-1213	434	11	and	and	CCONJ
cblr-1213	434	12	repurchase	repurchase	VERB
cblr-1213	434	13	,	,	PUNCT
cblr-1213	434	14	17	17	NUM
cblr-1213	434	15	c.f.r	c.f.r	NOUN
cblr-1213	434	16	.	.	PUNCT
cblr-1213	435	1	§	§	PROPN
cblr-1213	435	2	270.22c-1	270.22c-1	NUM
cblr-1213	435	3	(	(	PUNCT
cblr-1213	435	4	2017	2017	NUM
cblr-1213	435	5	)	)	PUNCT
cblr-1213	435	6	(	(	PUNCT
cblr-1213	435	7	describing	describe	VERB
cblr-1213	435	8	redeemable	redeemable	ADJ
cblr-1213	435	9	securities	security	NOUN
cblr-1213	435	10	)	)	PUNCT
cblr-1213	435	11	.	.	PUNCT
cblr-1213	436	1	a	a	DET
cblr-1213	436	2	fund	fund	NOUN
cblr-1213	436	3	’s	’s	PART
cblr-1213	436	4	valuation	valuation	NOUN
cblr-1213	436	5	committee	committee	PROPN
cblr-1213	436	6	would	would	AUX
cblr-1213	436	7	be	be	AUX
cblr-1213	436	8	a	a	DET
cblr-1213	436	9	natural	natural	ADJ
cblr-1213	436	10	fit	fit	NOUN
cblr-1213	436	11	to	to	ADP
cblr-1213	436	12	house	house	NOUN
cblr-1213	436	13	swing	swing	NOUN
cblr-1213	436	14	pricing	pricing	NOUN
cblr-1213	436	15	functions	function	NOUN
cblr-1213	436	16	as	as	SCONJ
cblr-1213	436	17	they	they	PRON
cblr-1213	436	18	relate	relate	VERB
cblr-1213	436	19	to	to	ADP
cblr-1213	436	20	the	the	DET
cblr-1213	436	21	primary	primary	ADJ
cblr-1213	436	22	function	function	NOUN
cblr-1213	436	23	of	of	ADP
cblr-1213	436	24	the	the	DET
cblr-1213	436	25	valuation	valuation	NOUN
cblr-1213	436	26	committee	committee	NOUN
cblr-1213	436	27	.	.	PUNCT
cblr-1213	437	1	for	for	ADP
cblr-1213	437	2	a	a	DET
cblr-1213	437	3	discussion	discussion	NOUN
cblr-1213	437	4	of	of	ADP
cblr-1213	437	5	mutual	mutual	ADJ
cblr-1213	437	6	fund	fund	NOUN
cblr-1213	437	7	boards	board	NOUN
cblr-1213	437	8	of	of	ADP
cblr-1213	437	9	directors	director	NOUN
cblr-1213	437	10	,	,	PUNCT
cblr-1213	437	11	see	see	VERB
cblr-1213	437	12	gremillion	gremillion	NOUN
cblr-1213	437	13	,	,	PUNCT
cblr-1213	437	14	supra	supra	PROPN
cblr-1213	437	15	note	note	PROPN
cblr-1213	437	16	138	138	NUM
cblr-1213	437	17	,	,	PUNCT
cblr-1213	437	18	at	at	ADP
cblr-1213	437	19	40–42	40–42	PROPN
cblr-1213	437	20	(	(	PUNCT
cblr-1213	437	21	discussing	discuss	VERB
cblr-1213	437	22	mutual	mutual	ADJ
cblr-1213	437	23	fund	fund	NOUN
cblr-1213	437	24	board	board	NOUN
cblr-1213	437	25	functions	function	NOUN
cblr-1213	437	26	and	and	CCONJ
cblr-1213	437	27	committees	committee	NOUN
cblr-1213	437	28	)	)	PUNCT
cblr-1213	437	29	.	.	PUNCT
cblr-1213	438	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	439	1	no	no	INTJ
cblr-1213	439	2	.	.	PUNCT
cblr-1213	440	1	1:130	1:130	NUM
cblr-1213	440	2	]	]	X
cblr-1213	440	3	will	will	AUX
cblr-1213	440	4	swing	swing	VERB
cblr-1213	440	5	pricing	pricing	NOUN
cblr-1213	440	6	save	save	VERB
cblr-1213	440	7	sedentary	sedentary	ADJ
cblr-1213	440	8	shareholders	shareholder	NOUN
cblr-1213	440	9	?	?	PUNCT
cblr-1213	441	1	159	159	NUM
cblr-1213	441	2	a	a	DET
cblr-1213	441	3	written	write	VERB
cblr-1213	441	4	report	report	NOUN
cblr-1213	441	5	to	to	ADP
cblr-1213	441	6	the	the	DET
cblr-1213	441	7	fund	fund	NOUN
cblr-1213	441	8	’s	’s	PART
cblr-1213	441	9	board	board	NOUN
cblr-1213	441	10	.	.	PUNCT
cblr-1213	442	1	141	141	NUM
cblr-1213	442	2	the	the	DET
cblr-1213	442	3	report	report	NOUN
cblr-1213	442	4	must	must	AUX
cblr-1213	442	5	review	review	VERB
cblr-1213	442	6	the	the	DET
cblr-1213	442	7	adequacy	adequacy	NOUN
cblr-1213	442	8	of	of	ADP
cblr-1213	442	9	the	the	DET
cblr-1213	442	10	fund	fund	NOUN
cblr-1213	442	11	’s	’s	PART
cblr-1213	442	12	swing	swing	NOUN
cblr-1213	442	13	pricing	pricing	NOUN
cblr-1213	442	14	policies	policy	NOUN
cblr-1213	442	15	and	and	CCONJ
cblr-1213	442	16	procedures	procedure	NOUN
cblr-1213	442	17	,	,	PUNCT
cblr-1213	442	18	implementation	implementation	NOUN
cblr-1213	442	19	effectiveness	effectiveness	NOUN
cblr-1213	442	20	,	,	PUNCT
cblr-1213	442	21	success	success	NOUN
cblr-1213	442	22	in	in	ADP
cblr-1213	442	23	mitigating	mitigate	VERB
cblr-1213	442	24	dilution	dilution	NOUN
cblr-1213	442	25	,	,	PUNCT
cblr-1213	442	26	materials	material	NOUN
cblr-1213	442	27	changes	change	NOUN
cblr-1213	442	28	since	since	SCONJ
cblr-1213	442	29	the	the	DET
cblr-1213	442	30	last	last	ADJ
cblr-1213	442	31	report	report	NOUN
cblr-1213	442	32	,	,	PUNCT
cblr-1213	442	33	and	and	CCONJ
cblr-1213	442	34	the	the	DET
cblr-1213	442	35	fund	fund	NOUN
cblr-1213	442	36	’s	’s	PART
cblr-1213	442	37	compliance	compliance	NOUN
cblr-1213	442	38	with	with	ADP
cblr-1213	442	39	swing	swing	NOUN
cblr-1213	442	40	threshold	threshold	NOUN
cblr-1213	442	41	and	and	CCONJ
cblr-1213	442	42	factor	factor	NOUN
cblr-1213	442	43	requirements	requirement	NOUN
cblr-1213	442	44	under	under	ADP
cblr-1213	442	45	the	the	DET
cblr-1213	442	46	sec	sec	PROPN
cblr-1213	442	47	rules.142	rules.142	PROPN
cblr-1213	442	48	the	the	DET
cblr-1213	442	49	swing	swing	NOUN
cblr-1213	442	50	pricing	pricing	NOUN
cblr-1213	442	51	administrator	administrator	NOUN
cblr-1213	442	52	also	also	ADV
cblr-1213	442	53	must	must	AUX
cblr-1213	442	54	comply	comply	VERB
cblr-1213	442	55	with	with	ADP
cblr-1213	442	56	record	record	NOUN
cblr-1213	442	57	keeping	keeping	NOUN
cblr-1213	442	58	requirements	requirement	NOUN
cblr-1213	442	59	under	under	ADP
cblr-1213	442	60	sec	sec	PROPN
cblr-1213	442	61	rule	rule	NOUN
cblr-1213	442	62	31a-2(a)(2	31a-2(a)(2	NOUN
cblr-1213	442	63	)	)	PUNCT
cblr-1213	442	64	for	for	ADP
cblr-1213	442	65	computing	computing	NOUN
cblr-1213	442	66	and	and	CCONJ
cblr-1213	442	67	evidencing	evidence	VERB
cblr-1213	442	68	the	the	DET
cblr-1213	442	69	daily	daily	ADJ
cblr-1213	442	70	nav.143	nav.143	NOUN
cblr-1213	442	71	when	when	SCONJ
cblr-1213	442	72	the	the	DET
cblr-1213	442	73	swing	swing	NOUN
cblr-1213	442	74	threshold	threshold	NOUN
cblr-1213	442	75	is	be	AUX
cblr-1213	442	76	met	meet	VERB
cblr-1213	442	77	,	,	PUNCT
cblr-1213	442	78	the	the	DET
cblr-1213	442	79	administrator	administrator	NOUN
cblr-1213	442	80	must	must	AUX
cblr-1213	442	81	document	document	VERB
cblr-1213	442	82	the	the	DET
cblr-1213	442	83	unswung	unswung	ADJ
cblr-1213	442	84	nav	nav	PROPN
cblr-1213	442	85	,	,	PUNCT
cblr-1213	442	86	data	datum	NOUN
cblr-1213	442	87	for	for	ADP
cblr-1213	442	88	the	the	DET
cblr-1213	442	89	swing	swing	NOUN
cblr-1213	442	90	factor	factor	NOUN
cblr-1213	442	91	calculation	calculation	NOUN
cblr-1213	442	92	,	,	PUNCT
cblr-1213	442	93	the	the	DET
cblr-1213	442	94	actual	actual	ADJ
cblr-1213	442	95	level	level	NOUN
cblr-1213	442	96	of	of	ADP
cblr-1213	442	97	redemptions	redemption	NOUN
cblr-1213	442	98	or	or	CCONJ
cblr-1213	442	99	purchases	purchase	NOUN
cblr-1213	442	100	exceeding	exceed	VERB
cblr-1213	442	101	the	the	DET
cblr-1213	442	102	threshold	threshold	NOUN
cblr-1213	442	103	,	,	PUNCT
cblr-1213	442	104	the	the	DET
cblr-1213	442	105	swing	swing	NOUN
cblr-1213	442	106	factor	factor	NOUN
cblr-1213	442	107	applied	apply	VERB
cblr-1213	442	108	,	,	PUNCT
cblr-1213	442	109	and	and	CCONJ
cblr-1213	442	110	any	any	DET
cblr-1213	442	111	back	back	ADJ
cblr-1213	442	112	-	-	PUNCT
cblr-1213	442	113	testing	testing	NOUN
cblr-1213	442	114	data	datum	NOUN
cblr-1213	442	115	to	to	PART
cblr-1213	442	116	verify	verify	VERB
cblr-1213	442	117	the	the	DET
cblr-1213	442	118	swing	swing	NOUN
cblr-1213	442	119	calculation.144	calculation.144	PROPN
cblr-1213	442	120	b.	b.	PROPN
cblr-1213	442	121	board	board	PROPN
cblr-1213	442	122	accountability	accountability	NOUN
cblr-1213	442	123	&	&	CCONJ
cblr-1213	442	124	fiduciary	fiduciary	ADJ
cblr-1213	442	125	duty	duty	PROPN
cblr-1213	442	126	a	a	DET
cblr-1213	442	127	fund	fund	NOUN
cblr-1213	442	128	’s	’s	PART
cblr-1213	442	129	board	board	NOUN
cblr-1213	442	130	of	of	ADP
cblr-1213	442	131	directors	director	NOUN
cblr-1213	442	132	must	must	AUX
cblr-1213	442	133	establish	establish	VERB
cblr-1213	442	134	swing	swing	NOUN
cblr-1213	442	135	pricing	pricing	NOUN
cblr-1213	442	136	policies	policy	NOUN
cblr-1213	442	137	and	and	CCONJ
cblr-1213	442	138	procedures	procedure	NOUN
cblr-1213	442	139	—	—	PUNCT
cblr-1213	442	140	importantly	importantly	ADV
cblr-1213	442	141	the	the	DET
cblr-1213	442	142	swing	swing	NOUN
cblr-1213	442	143	threshold	threshold	NOUN
cblr-1213	442	144	,	,	PUNCT
cblr-1213	442	145	swing	swing	NOUN
cblr-1213	442	146	factor	factor	NOUN
cblr-1213	442	147	,	,	PUNCT
cblr-1213	442	148	and	and	CCONJ
cblr-1213	442	149	swing	swing	NOUN
cblr-1213	442	150	procedures	procedure	NOUN
cblr-1213	442	151	—	—	PUNCT
cblr-1213	442	152	approved	approve	VERB
cblr-1213	442	153	by	by	ADP
cblr-1213	442	154	a	a	DET
cblr-1213	442	155	majority	majority	NOUN
cblr-1213	442	156	of	of	ADP
cblr-1213	442	157	the	the	DET
cblr-1213	442	158	fund	fund	NOUN
cblr-1213	442	159	’s	’s	PART
cblr-1213	442	160	independent	independent	ADJ
cblr-1213	442	161	directors.145	directors.145	NOUN
cblr-1213	442	162	additionally	additionally	ADV
cblr-1213	442	163	the	the	DET
cblr-1213	442	164	board	board	NOUN
cblr-1213	442	165	reviews	review	VERB
cblr-1213	442	166	the	the	DET
cblr-1213	442	167	swing	swing	NOUN
cblr-1213	442	168	pricing	pricing	NOUN
cblr-1213	442	169	reports	report	NOUN
cblr-1213	442	170	and	and	CCONJ
cblr-1213	442	171	implementation	implementation	NOUN
cblr-1213	442	172	process	process	NOUN
cblr-1213	442	173	at	at	ADP
cblr-1213	442	174	least	least	ADJ
cblr-1213	442	175	annually.146	annually.146	PROPN
cblr-1213	442	176	the	the	DET
cblr-1213	442	177	sec	sec	PROPN
cblr-1213	442	178	likens	liken	VERB
cblr-1213	442	179	the	the	DET
cblr-1213	442	180	board	board	NOUN
cblr-1213	442	181	’s	’s	PART
cblr-1213	442	182	role	role	NOUN
cblr-1213	442	183	with	with	ADP
cblr-1213	442	184	141	141	NUM
cblr-1213	442	185	the	the	DET
cblr-1213	442	186	swing	swing	NOUN
cblr-1213	442	187	pricing	pricing	NOUN
cblr-1213	442	188	report	report	NOUN
cblr-1213	442	189	is	be	AUX
cblr-1213	442	190	another	another	DET
cblr-1213	442	191	reason	reason	NOUN
cblr-1213	442	192	to	to	PART
cblr-1213	442	193	consider	consider	VERB
cblr-1213	442	194	locating	locate	VERB
cblr-1213	442	195	swing	swing	NOUN
cblr-1213	442	196	pricing	pricing	NOUN
cblr-1213	442	197	functions	function	NOUN
cblr-1213	442	198	within	within	ADP
cblr-1213	442	199	the	the	DET
cblr-1213	442	200	valuation	valuation	NOUN
cblr-1213	442	201	committee	committee	NOUN
cblr-1213	442	202	because	because	SCONJ
cblr-1213	442	203	the	the	DET
cblr-1213	442	204	report	report	NOUN
cblr-1213	442	205	—	—	PUNCT
cblr-1213	442	206	similar	similar	ADJ
cblr-1213	442	207	to	to	ADP
cblr-1213	442	208	the	the	DET
cblr-1213	442	209	new	new	ADJ
cblr-1213	442	210	compliance	compliance	NOUN
cblr-1213	442	211	and	and	CCONJ
cblr-1213	442	212	new	new	ADJ
cblr-1213	442	213	lmp	lmp	NOUN
cblr-1213	442	214	reports	report	NOUN
cblr-1213	442	215	—	—	PUNCT
cblr-1213	442	216	would	would	AUX
cblr-1213	442	217	likely	likely	ADV
cblr-1213	442	218	entail	entail	VERB
cblr-1213	442	219	back	back	ADJ
cblr-1213	442	220	testing	testing	NOUN
cblr-1213	442	221	and	and	CCONJ
cblr-1213	442	222	other	other	ADJ
cblr-1213	442	223	types	type	NOUN
cblr-1213	442	224	of	of	ADP
cblr-1213	442	225	verification	verification	NOUN
cblr-1213	442	226	,	,	PUNCT
cblr-1213	442	227	which	which	PRON
cblr-1213	442	228	are	be	AUX
cblr-1213	442	229	analyses	analysis	NOUN
cblr-1213	442	230	already	already	ADV
cblr-1213	442	231	performed	perform	VERB
cblr-1213	442	232	by	by	ADP
cblr-1213	442	233	the	the	DET
cblr-1213	442	234	fund	fund	NOUN
cblr-1213	442	235	’s	’s	PART
cblr-1213	442	236	valuation	valuation	PROPN
cblr-1213	442	237	committee	committee	PROPN
cblr-1213	442	238	.	.	PUNCT
cblr-1213	443	1	for	for	ADP
cblr-1213	443	2	a	a	DET
cblr-1213	443	3	discussion	discussion	NOUN
cblr-1213	443	4	of	of	ADP
cblr-1213	443	5	the	the	DET
cblr-1213	443	6	types	type	NOUN
cblr-1213	443	7	of	of	ADP
cblr-1213	443	8	post	post	ADJ
cblr-1213	443	9	-	-	ADJ
cblr-1213	443	10	trade	trade	ADJ
cblr-1213	443	11	compliance	compliance	NOUN
cblr-1213	443	12	monitoring	monitoring	NOUN
cblr-1213	443	13	that	that	PRON
cblr-1213	443	14	may	may	AUX
cblr-1213	443	15	be	be	AUX
cblr-1213	443	16	a	a	DET
cblr-1213	443	17	part	part	NOUN
cblr-1213	443	18	of	of	ADP
cblr-1213	443	19	a	a	DET
cblr-1213	443	20	fund	fund	NOUN
cblr-1213	443	21	’s	’s	PART
cblr-1213	443	22	valuation	valuation	PROPN
cblr-1213	443	23	committee	committee	PROPN
cblr-1213	443	24	work	work	NOUN
cblr-1213	443	25	,	,	PUNCT
cblr-1213	443	26	see	see	VERB
cblr-1213	443	27	gremillion	gremillion	NOUN
cblr-1213	443	28	,	,	PUNCT
cblr-1213	443	29	supra	supra	PROPN
cblr-1213	443	30	note	note	PROPN
cblr-1213	443	31	138	138	NUM
cblr-1213	443	32	,	,	PUNCT
cblr-1213	443	33	at	at	ADP
cblr-1213	443	34	121–23	121–23	PROPN
cblr-1213	443	35	(	(	PUNCT
cblr-1213	443	36	describing	describe	VERB
cblr-1213	443	37	post	post	NOUN
cblr-1213	443	38	trade	trade	NOUN
cblr-1213	443	39	compliance	compliance	NOUN
cblr-1213	443	40	procedures	procedure	NOUN
cblr-1213	443	41	)	)	PUNCT
cblr-1213	443	42	.	.	PUNCT
cblr-1213	444	1	142	142	NUM
cblr-1213	444	2	final	final	ADJ
cblr-1213	444	3	rules	rule	NOUN
cblr-1213	444	4	,	,	PUNCT
cblr-1213	444	5	supra	supra	PROPN
cblr-1213	444	6	note	note	NOUN
cblr-1213	444	7	4	4	NUM
cblr-1213	444	8	,	,	PUNCT
cblr-1213	444	9	at	at	ADP
cblr-1213	444	10	82108–09	82108–09	NUM
cblr-1213	444	11	.	.	PUNCT
cblr-1213	445	1	see	see	VERB
cblr-1213	445	2	also	also	ADV
cblr-1213	445	3	liquidity	liquidity	NOUN
cblr-1213	445	4	risk	risk	NOUN
cblr-1213	445	5	management	management	NOUN
cblr-1213	445	6	programs	program	NOUN
cblr-1213	445	7	,	,	PUNCT
cblr-1213	445	8	17	17	NUM
cblr-1213	445	9	c.f.r	c.f.r	NOUN
cblr-1213	445	10	.	.	PUNCT
cblr-1213	446	1	§	§	PROPN
cblr-1213	446	2	270.22e-4	270.22e-4	PROPN
cblr-1213	446	3	(	(	PUNCT
cblr-1213	446	4	2017	2017	NUM
cblr-1213	446	5	)	)	PUNCT
cblr-1213	446	6	.	.	PUNCT
cblr-1213	447	1	143	143	NUM
cblr-1213	447	2	final	final	ADJ
cblr-1213	447	3	rules	rule	NOUN
cblr-1213	447	4	supra	supra	PROPN
cblr-1213	447	5	note	note	PROPN
cblr-1213	447	6	4	4	NUM
cblr-1213	447	7	,	,	PUNCT
cblr-1213	447	8	at	at	ADP
cblr-1213	447	9	82111	82111	NUM
cblr-1213	447	10	.	.	PUNCT
cblr-1213	448	1	144	144	NUM
cblr-1213	449	1	i	i	PRON
cblr-1213	449	2	d.	d.	PROPN
cblr-1213	449	3	at	at	ADP
cblr-1213	449	4	82125	82125	NUM
cblr-1213	449	5	.	.	PUNCT
cblr-1213	450	1	145	145	NUM
cblr-1213	451	1	i	i	PRON
cblr-1213	451	2	d.	d.	NOUN
cblr-1213	451	3	at	at	ADP
cblr-1213	451	4	82108–09	82108–09	NUM
cblr-1213	451	5	.	.	PUNCT
cblr-1213	452	1	146	146	NUM
cblr-1213	453	1	i	i	PRON
cblr-1213	453	2	d.	d.	PROPN
cblr-1213	453	3	at	at	ADP
cblr-1213	453	4	82109	82109	NUM
cblr-1213	453	5	,	,	PUNCT
cblr-1213	453	6	82111	82111	NUM
cblr-1213	453	7	.	.	PUNCT
cblr-1213	454	1	see	see	VERB
cblr-1213	454	2	also	also	ADV
cblr-1213	454	3	compliance	compliance	NOUN
cblr-1213	454	4	procedures	procedure	NOUN
cblr-1213	454	5	and	and	CCONJ
cblr-1213	454	6	practices	practice	NOUN
cblr-1213	454	7	of	of	ADP
cblr-1213	454	8	certain	certain	ADJ
cblr-1213	454	9	investment	investment	NOUN
cblr-1213	454	10	companies	company	NOUN
cblr-1213	454	11	,	,	PUNCT
cblr-1213	454	12	17	17	NUM
cblr-1213	454	13	c.f.r	c.f.r	NOUN
cblr-1213	454	14	.	.	PUNCT
cblr-1213	455	1	§	§	PROPN
cblr-1213	455	2	270.38a-1	270.38a-1	NUM
cblr-1213	455	3	(	(	PUNCT
cblr-1213	455	4	2017	2017	NUM
cblr-1213	455	5	)	)	PUNCT
cblr-1213	455	6	(	(	PUNCT
cblr-1213	455	7	requiring	require	VERB
cblr-1213	455	8	that	that	SCONJ
cblr-1213	455	9	a	a	DET
cblr-1213	455	10	board	board	NOUN
cblr-1213	455	11	receive	receive	VERB
cblr-1213	455	12	reports	report	NOUN
cblr-1213	455	13	on	on	ADP
cblr-1213	455	14	policies	policy	NOUN
cblr-1213	455	15	and	and	CCONJ
cblr-1213	455	16	procedures	procedure	NOUN
cblr-1213	455	17	reasonably	reasonably	ADV
cblr-1213	455	18	intended	intend	VERB
cblr-1213	455	19	to	to	PART
cblr-1213	455	20	prevent	prevent	VERB
cblr-1213	455	21	the	the	DET
cblr-1213	455	22	violation	violation	NOUN
cblr-1213	455	23	of	of	ADP
cblr-1213	455	24	federal	federal	ADJ
cblr-1213	455	25	securities	security	NOUN
cblr-1213	455	26	law	law	NOUN
cblr-1213	455	27	,	,	PUNCT
cblr-1213	455	28	including	include	VERB
cblr-1213	455	29	rule	rule	NOUN
cblr-1213	455	30	22c-1	22c-1	NUM
cblr-1213	455	31	)	)	PUNCT
cblr-1213	455	32	.	.	PUNCT
cblr-1213	456	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	456	2	160	160	NUM
cblr-1213	456	3	columbia	columbia	PROPN
cblr-1213	456	4	business	business	NOUN
cblr-1213	456	5	law	law	PROPN
cblr-1213	456	6	review	review	NOUN
cblr-1213	456	7	[	[	X
cblr-1213	456	8	vol	vol	NOUN
cblr-1213	456	9	.	.	PUNCT
cblr-1213	456	10	2018	2018	NUM
cblr-1213	456	11	swing	swing	NOUN
cblr-1213	456	12	pricing	pricing	NOUN
cblr-1213	456	13	to	to	ADP
cblr-1213	456	14	its	its	PRON
cblr-1213	456	15	significant	significant	ADJ
cblr-1213	456	16	responsibility	responsibility	NOUN
cblr-1213	456	17	regarding	regard	VERB
cblr-1213	456	18	valuation	valuation	NOUN
cblr-1213	456	19	and	and	CCONJ
cblr-1213	456	20	pricing	pricing	NOUN
cblr-1213	456	21	related	relate	VERB
cblr-1213	456	22	matters	matter	NOUN
cblr-1213	456	23	under	under	ADP
cblr-1213	456	24	the	the	DET
cblr-1213	456	25	investment	investment	NOUN
cblr-1213	456	26	advisors	advisor	NOUN
cblr-1213	456	27	act.147	act.147	VERB
cblr-1213	456	28	the	the	DET
cblr-1213	456	29	sec	sec	PROPN
cblr-1213	456	30	attempts	attempt	VERB
cblr-1213	456	31	to	to	PART
cblr-1213	456	32	strike	strike	VERB
cblr-1213	456	33	the	the	DET
cblr-1213	456	34	right	right	ADJ
cblr-1213	456	35	balance	balance	NOUN
cblr-1213	456	36	between	between	ADP
cblr-1213	456	37	board	board	NOUN
cblr-1213	456	38	oversight	oversight	NOUN
cblr-1213	456	39	and	and	CCONJ
cblr-1213	456	40	the	the	DET
cblr-1213	456	41	role	role	NOUN
cblr-1213	456	42	of	of	ADP
cblr-1213	456	43	management	management	NOUN
cblr-1213	456	44	in	in	ADP
cblr-1213	456	45	daily	daily	ADJ
cblr-1213	456	46	operations	operation	NOUN
cblr-1213	456	47	with	with	ADP
cblr-1213	456	48	the	the	DET
cblr-1213	456	49	swing	swing	NOUN
cblr-1213	456	50	pricing	pricing	NOUN
cblr-1213	456	51	rules.148	rules.148	NOUN
cblr-1213	456	52	the	the	DET
cblr-1213	456	53	required	require	VERB
cblr-1213	456	54	fund	fund	NOUN
cblr-1213	456	55	board	board	NOUN
cblr-1213	456	56	actions	action	NOUN
cblr-1213	456	57	under	under	ADP
cblr-1213	456	58	the	the	DET
cblr-1213	456	59	rules	rule	NOUN
cblr-1213	456	60	trigger	trigger	VERB
cblr-1213	456	61	fiduciary	fiduciary	ADJ
cblr-1213	456	62	duties	duty	NOUN
cblr-1213	456	63	and	and	CCONJ
cblr-1213	456	64	actions	action	NOUN
cblr-1213	456	65	must	must	AUX
cblr-1213	456	66	be	be	AUX
cblr-1213	456	67	taken	take	VERB
cblr-1213	456	68	in	in	ADP
cblr-1213	456	69	the	the	DET
cblr-1213	456	70	best	good	ADJ
cblr-1213	456	71	interest	interest	NOUN
cblr-1213	456	72	of	of	ADP
cblr-1213	456	73	fund	fund	NOUN
cblr-1213	456	74	shareholders	shareholder	NOUN
cblr-1213	456	75	.	.	PUNCT
cblr-1213	457	1	fiduciary	fiduciary	ADJ
cblr-1213	457	2	duty	duty	NOUN
cblr-1213	457	3	liability	liability	NOUN
cblr-1213	457	4	follows	follow	VERB
cblr-1213	457	5	board	board	NOUN
cblr-1213	457	6	action	action	NOUN
cblr-1213	457	7	and	and	CCONJ
cblr-1213	457	8	,	,	PUNCT
cblr-1213	457	9	at	at	ADP
cblr-1213	457	10	least	least	ADJ
cblr-1213	457	11	symbolically	symbolically	ADV
cblr-1213	457	12	,	,	PUNCT
cblr-1213	457	13	transaction	transaction	NOUN
cblr-1213	457	14	-	-	PUNCT
cblr-1213	457	15	price	price	NOUN
cblr-1213	457	16	monitoring.149	monitoring.149	NOUN
cblr-1213	457	17	in	in	ADP
cblr-1213	457	18	discharging	discharge	VERB
cblr-1213	457	19	its	its	PRON
cblr-1213	457	20	duties	duty	NOUN
cblr-1213	457	21	,	,	PUNCT
cblr-1213	457	22	the	the	DET
cblr-1213	457	23	board	board	NOUN
cblr-1213	457	24	may	may	AUX
cblr-1213	457	25	rely	rely	VERB
cblr-1213	457	26	upon	upon	SCONJ
cblr-1213	457	27	officer	officer	NOUN
cblr-1213	457	28	reports	report	NOUN
cblr-1213	457	29	and	and	CCONJ
cblr-1213	457	30	data	datum	NOUN
cblr-1213	457	31	provided	provide	VERB
cblr-1213	457	32	by	by	ADP
cblr-1213	457	33	management	management	NOUN
cblr-1213	457	34	,	,	PUNCT
cblr-1213	457	35	including	include	VERB
cblr-1213	457	36	the	the	DET
cblr-1213	457	37	swing	swing	NOUN
cblr-1213	457	38	pricing	pricing	NOUN
cblr-1213	457	39	administrator.150	administrator.150	ADP
cblr-1213	457	40	147	147	NUM
cblr-1213	457	41	final	final	ADJ
cblr-1213	457	42	rules	rule	NOUN
cblr-1213	457	43	,	,	PUNCT
cblr-1213	457	44	supra	supra	PROPN
cblr-1213	457	45	note	note	NOUN
cblr-1213	457	46	4	4	NUM
cblr-1213	457	47	,	,	PUNCT
cblr-1213	457	48	at	at	ADP
cblr-1213	457	49	82108	82108	NUM
cblr-1213	457	50	.	.	PUNCT
cblr-1213	458	1	see	see	VERB
cblr-1213	458	2	also	also	ADV
cblr-1213	458	3	investment	investment	NOUN
cblr-1213	458	4	advisors	advisor	NOUN
cblr-1213	458	5	act	act	PROPN
cblr-1213	458	6	,	,	PUNCT
cblr-1213	458	7	15	15	NUM
cblr-1213	458	8	u.s.c	u.s.c	ADJ
cblr-1213	458	9	.	.	PUNCT
cblr-1213	459	1	§	§	PROPN
cblr-1213	459	2	80a-2	80a-2	NUM
cblr-1213	459	3	(	(	PUNCT
cblr-1213	459	4	2017	2017	NUM
cblr-1213	459	5	)	)	PUNCT
cblr-1213	459	6	(	(	PUNCT
cblr-1213	459	7	“	"	PUNCT
cblr-1213	459	8	‘	'	PUNCT
cblr-1213	459	9	value	value	NOUN
cblr-1213	459	10	’	'	PUNCT
cblr-1213	459	11	,	,	PUNCT
cblr-1213	459	12	with	with	ADP
cblr-1213	459	13	respect	respect	NOUN
cblr-1213	459	14	to	to	ADP
cblr-1213	459	15	assets	asset	NOUN
cblr-1213	459	16	of	of	ADP
cblr-1213	459	17	registered	register	VERB
cblr-1213	459	18	investment	investment	NOUN
cblr-1213	459	19	companies	company	NOUN
cblr-1213	459	20	.	.	PUNCT
cblr-1213	459	21	.	.	PUNCT
cblr-1213	460	1	.	.	PUNCT
cblr-1213	460	2	means	mean	VERB
cblr-1213	460	3	.	.	PUNCT
cblr-1213	460	4	.	.	PUNCT
cblr-1213	460	5	.	.	PUNCT
cblr-1213	461	1	with	with	ADP
cblr-1213	461	2	respect	respect	NOUN
cblr-1213	461	3	to	to	ADP
cblr-1213	461	4	other	other	ADJ
cblr-1213	461	5	securities	security	NOUN
cblr-1213	461	6	and	and	CCONJ
cblr-1213	461	7	assets	asset	NOUN
cblr-1213	461	8	owned	own	VERB
cblr-1213	461	9	at	at	ADP
cblr-1213	461	10	the	the	DET
cblr-1213	461	11	end	end	NOUN
cblr-1213	461	12	of	of	ADP
cblr-1213	461	13	the	the	DET
cblr-1213	461	14	last	last	ADJ
cblr-1213	461	15	preceding	precede	VERB
cblr-1213	461	16	fiscal	fiscal	ADJ
cblr-1213	461	17	quarter	quarter	NOUN
cblr-1213	461	18	,	,	PUNCT
cblr-1213	461	19	fair	fair	ADJ
cblr-1213	461	20	value	value	NOUN
cblr-1213	461	21	at	at	ADP
cblr-1213	461	22	the	the	DET
cblr-1213	461	23	end	end	NOUN
cblr-1213	461	24	of	of	ADP
cblr-1213	461	25	such	such	ADJ
cblr-1213	461	26	quarter	quarter	NOUN
cblr-1213	461	27	,	,	PUNCT
cblr-1213	461	28	as	as	SCONJ
cblr-1213	461	29	determined	determine	VERB
cblr-1213	461	30	in	in	ADP
cblr-1213	461	31	good	good	ADJ
cblr-1213	461	32	faith	faith	NOUN
cblr-1213	461	33	by	by	ADP
cblr-1213	461	34	the	the	DET
cblr-1213	461	35	board	board	NOUN
cblr-1213	461	36	of	of	ADP
cblr-1213	461	37	directors	director	NOUN
cblr-1213	461	38	.	.	PUNCT
cblr-1213	461	39	”	"	PUNCT
cblr-1213	461	40	)	)	PUNCT
cblr-1213	461	41	.	.	PUNCT
cblr-1213	462	1	sec	sec	PROPN
cblr-1213	462	2	regulations	regulation	NOUN
cblr-1213	462	3	regarding	regard	VERB
cblr-1213	462	4	securities	security	NOUN
cblr-1213	462	5	valuation	valuation	NOUN
cblr-1213	462	6	include	include	VERB
cblr-1213	462	7	17	17	NUM
cblr-1213	462	8	c.f.r	c.f.r	NOUN
cblr-1213	462	9	.	.	PUNCT
cblr-1213	463	1	§	§	PROPN
cblr-1213	463	2	§	§	PROPN
cblr-1213	463	3	2a-4	2a-4	PROPN
cblr-1213	463	4	,	,	PUNCT
cblr-1213	463	5	2a-7(c)(1)(i	2a-7(c)(1)(i	NUM
cblr-1213	463	6	)	)	PUNCT
cblr-1213	463	7	,	,	PUNCT
cblr-1213	463	8	2a-7(g)(1)(i)(a)–(c	2a-7(g)(1)(i)(a)–(c	NUM
cblr-1213	463	9	)	)	PUNCT
cblr-1213	463	10	,	,	PUNCT
cblr-1213	463	11	and	and	CCONJ
cblr-1213	463	12	18f-3d	18f-3d	NUM
cblr-1213	463	13	.	.	PUNCT
cblr-1213	464	1	148	148	NUM
cblr-1213	464	2	final	final	ADJ
cblr-1213	464	3	rules	rule	NOUN
cblr-1213	464	4	,	,	PUNCT
cblr-1213	464	5	supra	supra	PROPN
cblr-1213	464	6	note	note	NOUN
cblr-1213	464	7	4	4	NUM
cblr-1213	464	8	,	,	PUNCT
cblr-1213	464	9	at	at	ADP
cblr-1213	464	10	82108	82108	NUM
cblr-1213	464	11	.	.	PUNCT
cblr-1213	465	1	some	some	DET
cblr-1213	465	2	commentators	commentator	NOUN
cblr-1213	465	3	requested	request	VERB
cblr-1213	465	4	that	that	SCONJ
cblr-1213	465	5	the	the	DET
cblr-1213	465	6	fund	fund	NOUN
cblr-1213	465	7	advisor	advisor	NOUN
cblr-1213	465	8	,	,	PUNCT
cblr-1213	465	9	with	with	ADP
cblr-1213	465	10	better	well	ADJ
cblr-1213	465	11	daily	daily	ADJ
cblr-1213	465	12	operational	operational	ADJ
cblr-1213	465	13	knowledge	knowledge	NOUN
cblr-1213	465	14	,	,	PUNCT
cblr-1213	465	15	oversee	oversee	ADJ
cblr-1213	465	16	and	and	CCONJ
cblr-1213	465	17	administer	administer	NOUN
cblr-1213	465	18	swing	swing	NOUN
cblr-1213	465	19	pricing	pricing	NOUN
cblr-1213	465	20	.	.	PUNCT
cblr-1213	466	1	149	149	NUM
cblr-1213	467	1	i	i	PRON
cblr-1213	467	2	d.	d.	NOUN
cblr-1213	467	3	at	at	ADP
cblr-1213	467	4	82109	82109	NUM
cblr-1213	467	5	.	.	PUNCT
cblr-1213	468	1	see	see	VERB
cblr-1213	468	2	also	also	ADV
cblr-1213	468	3	interpretive	interpretive	ADJ
cblr-1213	468	4	matters	matter	NOUN
cblr-1213	468	5	concerning	concern	VERB
cblr-1213	468	6	independent	independent	ADJ
cblr-1213	468	7	directors	director	NOUN
cblr-1213	468	8	of	of	ADP
cblr-1213	468	9	investment	investment	NOUN
cblr-1213	468	10	companies	company	NOUN
cblr-1213	468	11	,	,	PUNCT
cblr-1213	468	12	investment	investment	NOUN
cblr-1213	468	13	company	company	NOUN
cblr-1213	468	14	act	act	VERB
cblr-1213	468	15	release	release	VERB
cblr-1213	468	16	no	no	PRON
cblr-1213	468	17	.	.	NOUN
cblr-1213	468	18	24083	24083	NUM
cblr-1213	468	19	,	,	PUNCT
cblr-1213	468	20	64	64	NUM
cblr-1213	468	21	fr	fr	NOUN
cblr-1213	468	22	59877	59877	NUM
cblr-1213	468	23	,	,	PUNCT
cblr-1213	468	24	59877–79	59877–79	ADV
cblr-1213	468	25	(	(	PUNCT
cblr-1213	468	26	nov	nov	PROPN
cblr-1213	468	27	.	.	PROPN
cblr-1213	468	28	3	3	NUM
cblr-1213	468	29	,	,	PUNCT
cblr-1213	468	30	1999	1999	NUM
cblr-1213	468	31	)	)	PUNCT
cblr-1213	468	32	(	(	PUNCT
cblr-1213	468	33	discussing	discuss	VERB
cblr-1213	468	34	the	the	DET
cblr-1213	468	35	independence	independence	NOUN
cblr-1213	468	36	of	of	ADP
cblr-1213	468	37	mutual	mutual	ADJ
cblr-1213	468	38	fund	fund	NOUN
cblr-1213	468	39	directors	director	NOUN
cblr-1213	468	40	)	)	PUNCT
cblr-1213	468	41	.	.	PUNCT
cblr-1213	469	1	for	for	ADP
cblr-1213	469	2	a	a	DET
cblr-1213	469	3	discussion	discussion	NOUN
cblr-1213	469	4	of	of	ADP
cblr-1213	469	5	the	the	DET
cblr-1213	469	6	perceived	perceive	VERB
cblr-1213	469	7	conflict	conflict	NOUN
cblr-1213	469	8	of	of	ADP
cblr-1213	469	9	interest	interest	NOUN
cblr-1213	469	10	between	between	ADP
cblr-1213	469	11	mutual	mutual	ADJ
cblr-1213	469	12	fund	fund	NOUN
cblr-1213	469	13	boards	board	NOUN
cblr-1213	469	14	of	of	ADP
cblr-1213	469	15	directors	director	NOUN
cblr-1213	469	16	and	and	CCONJ
cblr-1213	469	17	the	the	DET
cblr-1213	469	18	investor	investor	NOUN
cblr-1213	469	19	advisors	advisor	NOUN
cblr-1213	469	20	,	,	PUNCT
cblr-1213	469	21	especially	especially	ADV
cblr-1213	469	22	as	as	ADP
cblr-1213	469	23	related	relate	VERB
cblr-1213	469	24	to	to	ADP
cblr-1213	469	25	fee	fee	NOUN
cblr-1213	469	26	structures	structure	NOUN
cblr-1213	469	27	and	and	CCONJ
cblr-1213	469	28	oversight	oversight	NOUN
cblr-1213	469	29	functions	function	NOUN
cblr-1213	469	30	,	,	PUNCT
cblr-1213	469	31	see	see	VERB
cblr-1213	469	32	,	,	PUNCT
cblr-1213	469	33	e.g.	e.g.	ADV
cblr-1213	469	34	,	,	PUNCT
cblr-1213	469	35	r.	r.	PROPN
cblr-1213	469	36	glenn	glenn	PROPN
cblr-1213	469	37	hubbard	hubbard	PROPN
cblr-1213	469	38	et	et	PROPN
cblr-1213	469	39	al	al	PROPN
cblr-1213	469	40	.	.	PROPN
cblr-1213	469	41	,	,	PUNCT
cblr-1213	469	42	the	the	DET
cblr-1213	469	43	mutual	mutual	ADJ
cblr-1213	469	44	fund	fund	NOUN
cblr-1213	469	45	industry	industry	NOUN
cblr-1213	469	46	:	:	PUNCT
cblr-1213	469	47	competition	competition	NOUN
cblr-1213	469	48	and	and	CCONJ
cblr-1213	469	49	investor	investor	NOUN
cblr-1213	469	50	welfare	welfare	NOUN
cblr-1213	469	51	20–24	20–24	NUM
cblr-1213	469	52	(	(	PUNCT
cblr-1213	469	53	2010	2010	NUM
cblr-1213	469	54	)	)	PUNCT
cblr-1213	469	55	;	;	PUNCT
cblr-1213	469	56	cf	cf	X
cblr-1213	469	57	.	.	PUNCT
cblr-1213	470	1	donald	donald	PROPN
cblr-1213	470	2	c.	c.	PROPN
cblr-1213	470	3	langevoort	langevoort	PROPN
cblr-1213	470	4	,	,	PUNCT
cblr-1213	470	5	private	private	ADJ
cblr-1213	470	6	litigation	litigation	NOUN
cblr-1213	470	7	to	to	PART
cblr-1213	470	8	enforce	enforce	VERB
cblr-1213	470	9	fiduciary	fiduciary	ADJ
cblr-1213	470	10	duties	duty	NOUN
cblr-1213	470	11	in	in	ADP
cblr-1213	470	12	mutual	mutual	ADJ
cblr-1213	470	13	funds	fund	NOUN
cblr-1213	470	14	:	:	PUNCT
cblr-1213	470	15	derivative	derivative	ADJ
cblr-1213	470	16	suits	suit	NOUN
cblr-1213	470	17	,	,	PUNCT
cblr-1213	470	18	disinterested	disinterested	ADJ
cblr-1213	470	19	directors	director	NOUN
cblr-1213	470	20	and	and	CCONJ
cblr-1213	470	21	the	the	DET
cblr-1213	470	22	ideology	ideology	NOUN
cblr-1213	470	23	of	of	ADP
cblr-1213	470	24	investor	investor	NOUN
cblr-1213	470	25	sovereignty	sovereignty	NOUN
cblr-1213	470	26	,	,	PUNCT
cblr-1213	470	27	83	83	NUM
cblr-1213	470	28	wash	wash	NOUN
cblr-1213	470	29	.	.	PUNCT
cblr-1213	471	1	u.	u.	PROPN
cblr-1213	471	2	l.q	l.q	PROPN
cblr-1213	471	3	.	.	PROPN
cblr-1213	471	4	1017	1017	NUM
cblr-1213	471	5	,	,	PUNCT
cblr-1213	471	6	1040	1040	NUM
cblr-1213	471	7	(	(	PUNCT
cblr-1213	471	8	2005	2005	NUM
cblr-1213	471	9	)	)	PUNCT
cblr-1213	471	10	(	(	PUNCT
cblr-1213	471	11	“	"	PUNCT
cblr-1213	471	12	one	one	PRON
cblr-1213	471	13	can	can	AUX
cblr-1213	471	14	have	have	AUX
cblr-1213	471	15	relatively	relatively	ADV
cblr-1213	471	16	moderate	moderate	ADJ
cblr-1213	471	17	expectations	expectation	NOUN
cblr-1213	471	18	for	for	ADP
cblr-1213	471	19	the	the	DET
cblr-1213	471	20	performance	performance	NOUN
cblr-1213	471	21	of	of	ADP
cblr-1213	471	22	disinterested	disinterested	ADJ
cblr-1213	471	23	directors	director	NOUN
cblr-1213	471	24	and	and	CCONJ
cblr-1213	471	25	still	still	ADV
cblr-1213	471	26	believe	believe	VERB
cblr-1213	471	27	that	that	SCONJ
cblr-1213	471	28	the	the	DET
cblr-1213	471	29	strategy	strategy	NOUN
cblr-1213	471	30	adds	add	VERB
cblr-1213	471	31	some	some	DET
cblr-1213	471	32	value	value	NOUN
cblr-1213	471	33	,	,	PUNCT
cblr-1213	471	34	and	and	CCONJ
cblr-1213	471	35	there	there	PRON
cblr-1213	471	36	is	be	VERB
cblr-1213	471	37	a	a	DET
cblr-1213	471	38	body	body	NOUN
cblr-1213	471	39	of	of	ADP
cblr-1213	471	40	evidence	evidence	NOUN
cblr-1213	471	41	to	to	PART
cblr-1213	471	42	support	support	VERB
cblr-1213	471	43	this	this	PRON
cblr-1213	471	44	.	.	PUNCT
cblr-1213	471	45	”	"	PUNCT
cblr-1213	471	46	)	)	PUNCT
cblr-1213	471	47	.	.	PUNCT
cblr-1213	472	1	150	150	NUM
cblr-1213	472	2	final	final	ADJ
cblr-1213	472	3	rules	rule	NOUN
cblr-1213	472	4	,	,	PUNCT
cblr-1213	472	5	supra	supra	PROPN
cblr-1213	472	6	note	note	NOUN
cblr-1213	472	7	4	4	NUM
cblr-1213	472	8	,	,	PUNCT
cblr-1213	472	9	at	at	ADP
cblr-1213	472	10	82110	82110	NUM
cblr-1213	472	11	.	.	PUNCT
cblr-1213	473	1	see	see	VERB
cblr-1213	473	2	also	also	ADV
cblr-1213	473	3	letter	letter	NOUN
cblr-1213	473	4	of	of	ADP
cblr-1213	473	5	michael	michael	PROPN
cblr-1213	473	6	didiuk	didiuk	PROPN
cblr-1213	473	7	,	,	PUNCT
cblr-1213	473	8	div	div	PROPN
cblr-1213	473	9	.	.	PUNCT
cblr-1213	474	1	of	of	ADP
cblr-1213	474	2	inv	inv	PROPN
cblr-1213	474	3	.	.	PUNCT
cblr-1213	475	1	mgmt	mgmt	PROPN
cblr-1213	475	2	.	.	PROPN
cblr-1213	475	3	,	,	PUNCT
cblr-1213	475	4	sec	sec	PROPN
cblr-1213	475	5	,	,	PUNCT
cblr-1213	475	6	to	to	ADP
cblr-1213	475	7	dorothy	dorothy	PROPN
cblr-1213	475	8	berry	berry	PROPN
cblr-1213	475	9	,	,	PUNCT
cblr-1213	475	10	chair	chair	NOUN
cblr-1213	475	11	,	,	PUNCT
cblr-1213	475	12	indep	indep	NOUN
cblr-1213	475	13	.	.	PUNCT
cblr-1213	476	1	dirs	dir	NOUN
cblr-1213	476	2	.	.	PUNCT
cblr-1213	477	1	council	council	PROPN
cblr-1213	477	2	and	and	CCONJ
cblr-1213	477	3	jameson	jameson	PROPN
cblr-1213	477	4	baxter	baxter	PROPN
cblr-1213	477	5	,	,	PUNCT
cblr-1213	477	6	chair	chair	NOUN
cblr-1213	477	7	,	,	PUNCT
cblr-1213	477	8	mutual	mutual	ADJ
cblr-1213	477	9	fund	fund	NOUN
cblr-1213	477	10	dirs	dir	NOUN
cblr-1213	477	11	.	.	PUNCT
cblr-1213	478	1	forum	forum	PROPN
cblr-1213	478	2	(	(	PUNCT
cblr-1213	478	3	nov	nov	PROPN
cblr-1213	478	4	.	.	PROPN
cblr-1213	478	5	2	2	NUM
cblr-1213	478	6	,	,	PUNCT
cblr-1213	478	7	2010	2010	NUM
cblr-1213	478	8	)	)	PUNCT
cblr-1213	478	9	,	,	PUNCT
cblr-1213	478	10	https://www.sec.gov/divisions/investment/noaction/2010/idcmfdf110210.pdf	https://www.sec.gov/divisions/investment/noaction/2010/idcmfdf110210.pdf	PROPN
cblr-1213	479	1	[	[	X
cblr-1213	479	2	perma.cc/73ay-d8dw	perma.cc/73ay-d8dw	NOUN
cblr-1213	479	3	]	]	X
cblr-1213	479	4	(	(	PUNCT
cblr-1213	479	5	urging	urge	VERB
cblr-1213	479	6	mutual	mutual	ADJ
cblr-1213	479	7	fund	fund	NOUN
cblr-1213	479	8	board	board	NOUN
cblr-1213	479	9	reliance	reliance	NOUN
cblr-1213	479	10	on	on	ADP
cblr-1213	479	11	summary	summary	NOUN
cblr-1213	479	12	quarterly	quarterly	ADJ
cblr-1213	479	13	reports	report	NOUN
cblr-1213	479	14	)	)	PUNCT
cblr-1213	479	15	.	.	PUNCT
cblr-1213	480	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	481	1	no	no	INTJ
cblr-1213	481	2	.	.	PUNCT
cblr-1213	482	1	1:130	1:130	NUM
cblr-1213	482	2	]	]	X
cblr-1213	482	3	will	will	AUX
cblr-1213	482	4	swing	swing	VERB
cblr-1213	482	5	pricing	pricing	NOUN
cblr-1213	482	6	save	save	VERB
cblr-1213	482	7	sedentary	sedentary	ADJ
cblr-1213	482	8	shareholders	shareholder	NOUN
cblr-1213	482	9	?	?	PUNCT
cblr-1213	483	1	161	161	NUM
cblr-1213	483	2	a	a	DET
cblr-1213	483	3	participating	participate	VERB
cblr-1213	483	4	fund	fund	NOUN
cblr-1213	483	5	’s	’s	PART
cblr-1213	483	6	board	board	NOUN
cblr-1213	483	7	of	of	ADP
cblr-1213	483	8	directors	director	NOUN
cblr-1213	483	9	is	be	AUX
cblr-1213	483	10	responsible	responsible	ADJ
cblr-1213	483	11	for	for	ADP
cblr-1213	483	12	overseeing	oversee	VERB
cblr-1213	483	13	policies	policy	NOUN
cblr-1213	483	14	to	to	PART
cblr-1213	483	15	identify	identify	VERB
cblr-1213	483	16	and	and	CCONJ
cblr-1213	483	17	correct	correct	ADJ
cblr-1213	483	18	errors	error	NOUN
cblr-1213	483	19	in	in	ADP
cblr-1213	483	20	swing	swing	NOUN
cblr-1213	483	21	pricing	pricing	NOUN
cblr-1213	483	22	estimates	estimate	NOUN
cblr-1213	483	23	and	and	CCONJ
cblr-1213	483	24	application.151	application.151	NOUN
cblr-1213	483	25	the	the	DET
cblr-1213	483	26	swing	swing	NOUN
cblr-1213	483	27	pricing	pricing	NOUN
cblr-1213	483	28	administrator	administrator	NOUN
cblr-1213	483	29	,	,	PUNCT
cblr-1213	483	30	overseen	oversee	VERB
cblr-1213	483	31	by	by	ADP
cblr-1213	483	32	a	a	DET
cblr-1213	483	33	fund	fund	NOUN
cblr-1213	483	34	’s	’s	PART
cblr-1213	483	35	board	board	NOUN
cblr-1213	483	36	of	of	ADP
cblr-1213	483	37	directors	director	NOUN
cblr-1213	483	38	,	,	PUNCT
cblr-1213	483	39	is	be	AUX
cblr-1213	483	40	responsible	responsible	ADJ
cblr-1213	483	41	for	for	ADP
cblr-1213	483	42	ensuring	ensure	VERB
cblr-1213	483	43	the	the	DET
cblr-1213	483	44	reasonableness	reasonableness	NOUN
cblr-1213	483	45	and	and	CCONJ
cblr-1213	483	46	accuracy	accuracy	NOUN
cblr-1213	483	47	of	of	ADP
cblr-1213	483	48	any	any	DET
cblr-1213	483	49	swing	swing	NOUN
cblr-1213	483	50	pricing	price	VERB
cblr-1213	483	51	system.152	system.152	PROPN
cblr-1213	483	52	c.	c.	PROPN
cblr-1213	483	53	transparency	transparency	PROPN
cblr-1213	483	54	&	&	CCONJ
cblr-1213	483	55	shareholder	shareholder	NOUN
cblr-1213	483	56	disclosures	disclosure	NOUN
cblr-1213	483	57	in	in	ADP
cblr-1213	483	58	the	the	DET
cblr-1213	483	59	final	final	ADJ
cblr-1213	483	60	rules	rule	NOUN
cblr-1213	483	61	and	and	CCONJ
cblr-1213	483	62	in	in	ADP
cblr-1213	483	63	response	response	NOUN
cblr-1213	483	64	to	to	ADP
cblr-1213	483	65	extensive	extensive	ADJ
cblr-1213	483	66	comments	comment	NOUN
cblr-1213	483	67	,	,	PUNCT
cblr-1213	483	68	the	the	DET
cblr-1213	483	69	sec	sec	PROPN
cblr-1213	483	70	revised	revise	VERB
cblr-1213	483	71	the	the	DET
cblr-1213	483	72	reporting	reporting	NOUN
cblr-1213	483	73	components	component	NOUN
cblr-1213	483	74	of	of	ADP
cblr-1213	483	75	price	price	NOUN
cblr-1213	483	76	deviations	deviation	NOUN
cblr-1213	483	77	on	on	ADP
cblr-1213	483	78	participating	participate	VERB
cblr-1213	483	79	funds	fund	NOUN
cblr-1213	483	80	’	'	PUNCT
cblr-1213	483	81	financial	financial	ADJ
cblr-1213	483	82	statements	statement	NOUN
cblr-1213	483	83	.	.	PUNCT
cblr-1213	484	1	utilizing	utilize	VERB
cblr-1213	484	2	form	form	NOUN
cblr-1213	484	3	n-1a	n-1a	PROPN
cblr-1213	484	4	,	,	PUNCT
cblr-1213	484	5	the	the	DET
cblr-1213	484	6	annual	annual	ADJ
cblr-1213	484	7	registration	registration	NOUN
cblr-1213	484	8	form	form	NOUN
cblr-1213	484	9	for	for	ADP
cblr-1213	484	10	investment	investment	NOUN
cblr-1213	484	11	companies,153	companies,153	NOUN
cblr-1213	484	12	participating	participate	VERB
cblr-1213	484	13	funds	fund	NOUN
cblr-1213	484	14	must	must	AUX
cblr-1213	484	15	report	report	VERB
cblr-1213	484	16	swing	swing	NOUN
cblr-1213	484	17	pricing	pricing	NOUN
cblr-1213	484	18	components	component	NOUN
cblr-1213	484	19	in	in	ADP
cblr-1213	484	20	a	a	DET
cblr-1213	484	21	fund	fund	NOUN
cblr-1213	484	22	’s	’s	PART
cblr-1213	484	23	financial	financial	ADJ
cblr-1213	484	24	highlights	highlight	NOUN
cblr-1213	484	25	,	,	PUNCT
cblr-1213	484	26	notes	note	VERB
cblr-1213	484	27	to	to	ADP
cblr-1213	484	28	the	the	DET
cblr-1213	484	29	financial	financial	ADJ
cblr-1213	484	30	statement	statement	NOUN
cblr-1213	484	31	,	,	PUNCT
cblr-1213	484	32	statement	statement	NOUN
cblr-1213	484	33	of	of	ADP
cblr-1213	484	34	assets	asset	NOUN
cblr-1213	484	35	and	and	CCONJ
cblr-1213	484	36	liabilities	liability	NOUN
cblr-1213	484	37	,	,	PUNCT
cblr-1213	484	38	and	and	CCONJ
cblr-1213	484	39	statement	statement	NOUN
cblr-1213	484	40	of	of	ADP
cblr-1213	484	41	changes	change	NOUN
cblr-1213	484	42	in	in	ADP
cblr-1213	484	43	net	net	ADJ
cblr-1213	484	44	assets.154	assets.154	NOUN
cblr-1213	484	45	the	the	DET
cblr-1213	484	46	financial	financial	ADJ
cblr-1213	484	47	highlights	highlight	NOUN
cblr-1213	484	48	section	section	NOUN
cblr-1213	484	49	of	of	ADP
cblr-1213	484	50	form	form	NOUN
cblr-1213	484	51	n-1a	n-1a	PROPN
cblr-1213	484	52	is	be	AUX
cblr-1213	484	53	the	the	DET
cblr-1213	484	54	focus	focus	NOUN
cblr-1213	484	55	of	of	ADP
cblr-1213	484	56	the	the	DET
cblr-1213	484	57	required	require	VERB
cblr-1213	484	58	disclosures	disclosure	NOUN
cblr-1213	484	59	.	.	PUNCT
cblr-1213	485	1	funds	fund	NOUN
cblr-1213	485	2	’	'	PUNCT
cblr-1213	485	3	financial	financial	ADJ
cblr-1213	485	4	statement	statement	NOUN
cblr-1213	485	5	notes	note	NOUN
cblr-1213	485	6	will	will	AUX
cblr-1213	485	7	include	include	VERB
cblr-1213	485	8	disclosures	disclosure	NOUN
cblr-1213	485	9	that	that	SCONJ
cblr-1213	485	10	a	a	DET
cblr-1213	485	11	fund	fund	NOUN
cblr-1213	485	12	has	have	AUX
cblr-1213	485	13	adopted	adopt	VERB
cblr-1213	485	14	swing	swing	NOUN
cblr-1213	485	15	pricing	pricing	NOUN
cblr-1213	485	16	,	,	PUNCT
cblr-1213	485	17	the	the	DET
cblr-1213	485	18	methods	method	NOUN
cblr-1213	485	19	to	to	PART
cblr-1213	485	20	determine	determine	VERB
cblr-1213	485	21	whether	whether	SCONJ
cblr-1213	485	22	the	the	DET
cblr-1213	485	23	swing	swing	NOUN
cblr-1213	485	24	threshold	threshold	NOUN
cblr-1213	485	25	is	be	AUX
cblr-1213	485	26	met	meet	VERB
cblr-1213	485	27	,	,	PUNCT
cblr-1213	485	28	whether	whether	SCONJ
cblr-1213	485	29	swing	swing	NOUN
cblr-1213	485	30	pricing	pricing	NOUN
cblr-1213	485	31	was	be	AUX
cblr-1213	485	32	utilized	utilize	VERB
cblr-1213	485	33	in	in	ADP
cblr-1213	485	34	the	the	DET
cblr-1213	485	35	reporting	reporting	NOUN
cblr-1213	485	36	period	period	NOUN
cblr-1213	485	37	,	,	PUNCT
cblr-1213	485	38	and	and	CCONJ
cblr-1213	485	39	if	if	SCONJ
cblr-1213	485	40	so	so	ADV
cblr-1213	485	41	,	,	PUNCT
cblr-1213	485	42	what	what	DET
cblr-1213	485	43	effects	effect	NOUN
cblr-1213	485	44	it	it	PRON
cblr-1213	485	45	had	have	VERB
cblr-1213	485	46	on	on	ADP
cblr-1213	485	47	a	a	DET
cblr-1213	485	48	fund	fund	NOUN
cblr-1213	485	49	’s	’s	PART
cblr-1213	485	50	reported	report	VERB
cblr-1213	485	51	nav.155	nav.155	NOUN
cblr-1213	485	52	funds	fund	NOUN
cblr-1213	485	53	must	must	AUX
cblr-1213	485	54	explain	explain	VERB
cblr-1213	485	55	swing	swing	NOUN
cblr-1213	485	56	pricing	pricing	NOUN
cblr-1213	485	57	to	to	PART
cblr-1213	485	58	provide	provide	VERB
cblr-1213	485	59	investors	investor	NOUN
cblr-1213	485	60	with	with	ADP
cblr-1213	485	61	151	151	NUM
cblr-1213	485	62	final	final	ADJ
cblr-1213	485	63	rules	rule	NOUN
cblr-1213	485	64	,	,	PUNCT
cblr-1213	485	65	supra	supra	PROPN
cblr-1213	485	66	note	note	NOUN
cblr-1213	485	67	4	4	NUM
cblr-1213	485	68	,	,	PUNCT
cblr-1213	485	69	at	at	ADP
cblr-1213	485	70	82111–12	82111–12	NOUN
cblr-1213	485	71	.	.	PUNCT
cblr-1213	486	1	policies	policy	NOUN
cblr-1213	486	2	may	may	AUX
cblr-1213	486	3	include	include	VERB
cblr-1213	486	4	the	the	DET
cblr-1213	486	5	swing	swing	NOUN
cblr-1213	486	6	pricing	pricing	NOUN
cblr-1213	486	7	estimate	estimate	NOUN
cblr-1213	486	8	components	component	NOUN
cblr-1213	486	9	and	and	CCONJ
cblr-1213	486	10	the	the	DET
cblr-1213	486	11	use	use	NOUN
cblr-1213	486	12	of	of	ADP
cblr-1213	486	13	back	back	ADJ
cblr-1213	486	14	testing	testing	NOUN
cblr-1213	486	15	of	of	ADP
cblr-1213	486	16	estimated	estimate	VERB
cblr-1213	486	17	fund	fund	NOUN
cblr-1213	486	18	flows	flow	VERB
cblr-1213	486	19	to	to	PART
cblr-1213	486	20	verify	verify	VERB
cblr-1213	486	21	the	the	DET
cblr-1213	486	22	accuracy	accuracy	NOUN
cblr-1213	486	23	and	and	CCONJ
cblr-1213	486	24	reliability	reliability	NOUN
cblr-1213	486	25	of	of	ADP
cblr-1213	486	26	a	a	DET
cblr-1213	486	27	fund	fund	NOUN
cblr-1213	486	28	’s	’s	PART
cblr-1213	486	29	estimation	estimation	NOUN
cblr-1213	486	30	techniques	technique	NOUN
cblr-1213	486	31	.	.	PUNCT
cblr-1213	487	1	i	i	PRON
cblr-1213	487	2	d.	d.	PROPN
cblr-1213	487	3	at	at	ADP
cblr-1213	487	4	82114–15	82114–15	PROPN
cblr-1213	487	5	.	.	PUNCT
cblr-1213	488	1	152	152	NUM
cblr-1213	489	1	i	i	PRON
cblr-1213	489	2	d.	d.	PROPN
cblr-1213	489	3	at	at	ADP
cblr-1213	489	4	82115	82115	NUM
cblr-1213	489	5	(	(	PUNCT
cblr-1213	489	6	noting	note	VERB
cblr-1213	489	7	that	that	SCONJ
cblr-1213	489	8	it	it	PRON
cblr-1213	489	9	is	be	AUX
cblr-1213	489	10	not	not	PART
cblr-1213	489	11	a	a	DET
cblr-1213	489	12	fund	fund	NOUN
cblr-1213	489	13	’s	’s	PART
cblr-1213	489	14	auditor	auditor	NOUN
cblr-1213	489	15	’s	’s	PART
cblr-1213	489	16	responsibility	responsibility	NOUN
cblr-1213	489	17	to	to	PART
cblr-1213	489	18	ensure	ensure	VERB
cblr-1213	489	19	reasonableness	reasonableness	NOUN
cblr-1213	489	20	and	and	CCONJ
cblr-1213	489	21	accuracy	accuracy	NOUN
cblr-1213	489	22	because	because	SCONJ
cblr-1213	489	23	auditors	auditor	NOUN
cblr-1213	489	24	do	do	AUX
cblr-1213	489	25	not	not	PART
cblr-1213	489	26	have	have	VERB
cblr-1213	489	27	the	the	DET
cblr-1213	489	28	requisite	requisite	ADJ
cblr-1213	489	29	“	"	PUNCT
cblr-1213	489	30	expertise	expertise	NOUN
cblr-1213	489	31	”	"	PUNCT
cblr-1213	489	32	)	)	PUNCT
cblr-1213	489	33	.	.	PUNCT
cblr-1213	490	1	153	153	NUM
cblr-1213	490	2	form	form	NOUN
cblr-1213	490	3	n-1a	n-1a	PROPN
cblr-1213	490	4	.	.	PUNCT
cblr-1213	491	1	see	see	VERB
cblr-1213	491	2	also	also	ADV
cblr-1213	491	3	17	17	NUM
cblr-1213	491	4	c.f.r	c.f.r	NOUN
cblr-1213	491	5	.	.	PUNCT
cblr-1213	492	1	§	§	PROPN
cblr-1213	492	2	270.8b-5	270.8b-5	NUM
cblr-1213	492	3	et	et	NOUN
cblr-1213	492	4	seq	seq	PROPN
cblr-1213	492	5	.	.	PUNCT
cblr-1213	493	1	(	(	PUNCT
cblr-1213	493	2	2005	2005	NUM
cblr-1213	493	3	)	)	PUNCT
cblr-1213	493	4	.	.	PUNCT
cblr-1213	494	1	154	154	NUM
cblr-1213	494	2	final	final	ADJ
cblr-1213	494	3	rules	rule	NOUN
cblr-1213	494	4	,	,	PUNCT
cblr-1213	494	5	supra	supra	PROPN
cblr-1213	494	6	note	note	NOUN
cblr-1213	494	7	4	4	NUM
cblr-1213	494	8	,	,	PUNCT
cblr-1213	494	9	at	at	ADP
cblr-1213	494	10	82111–13	82111–13	NOUN
cblr-1213	494	11	.	.	PUNCT
cblr-1213	495	1	participating	participate	VERB
cblr-1213	495	2	funds	fund	NOUN
cblr-1213	495	3	are	be	AUX
cblr-1213	495	4	also	also	ADV
cblr-1213	495	5	encouraged	encourage	VERB
cblr-1213	495	6	to	to	PART
cblr-1213	495	7	discuss	discuss	VERB
cblr-1213	495	8	swing	swing	NOUN
cblr-1213	495	9	pricing	pricing	NOUN
cblr-1213	495	10	,	,	PUNCT
cblr-1213	495	11	as	as	ADP
cblr-1213	495	12	applicable	applicable	ADJ
cblr-1213	495	13	,	,	PUNCT
cblr-1213	495	14	in	in	ADP
cblr-1213	495	15	the	the	DET
cblr-1213	495	16	existing	exist	VERB
cblr-1213	495	17	prospectus	prospectus	NOUN
cblr-1213	495	18	and	and	CCONJ
cblr-1213	495	19	statement	statement	NOUN
cblr-1213	495	20	of	of	ADP
cblr-1213	495	21	additional	additional	ADJ
cblr-1213	495	22	information	information	NOUN
cblr-1213	495	23	sections	section	NOUN
cblr-1213	495	24	.	.	PUNCT
cblr-1213	496	1	see	see	VERB
cblr-1213	496	2	i	i	PRON
cblr-1213	496	3	d.	d.	PROPN
cblr-1213	496	4	at	at	ADP
cblr-1213	496	5	82116	82116	NUM
cblr-1213	496	6	n.366	n.366	NOUN
cblr-1213	496	7	.	.	PUNCT
cblr-1213	497	1	155	155	NUM
cblr-1213	498	1	i	i	PROPN
cblr-1213	498	2	d.	d.	PROPN
cblr-1213	498	3	at	at	ADP
cblr-1213	498	4	82114	82114	NUM
cblr-1213	498	5	.	.	PUNCT
cblr-1213	499	1	see	see	VERB
cblr-1213	499	2	sec	sec	PROPN
cblr-1213	499	3	form	form	NOUN
cblr-1213	499	4	n-1a	n-1a	PROPN
cblr-1213	499	5	.	.	PUNCT
cblr-1213	499	6	,	,	PUNCT
cblr-1213	499	7	item	item	NOUN
cblr-1213	499	8	6(d	6(d	NUM
cblr-1213	499	9	)	)	PUNCT
cblr-1213	499	10	.	.	PUNCT
cblr-1213	500	1	the	the	DET
cblr-1213	500	2	required	require	VERB
cblr-1213	500	3	disclosures	disclosure	NOUN
cblr-1213	500	4	are	be	AUX
cblr-1213	500	5	similar	similar	ADJ
cblr-1213	500	6	to	to	ADP
cblr-1213	500	7	what	what	PRON
cblr-1213	500	8	funds	fund	NOUN
cblr-1213	500	9	report	report	VERB
cblr-1213	500	10	when	when	SCONJ
cblr-1213	500	11	using	use	VERB
cblr-1213	500	12	securities	security	NOUN
cblr-1213	500	13	lending	lending	NOUN
cblr-1213	500	14	programs	program	NOUN
cblr-1213	500	15	or	or	CCONJ
cblr-1213	500	16	lines	line	NOUN
cblr-1213	500	17	of	of	ADP
cblr-1213	500	18	credit	credit	NOUN
cblr-1213	500	19	.	.	PUNCT
cblr-1213	501	1	questions	question	NOUN
cblr-1213	501	2	remain	remain	VERB
cblr-1213	501	3	about	about	ADP
cblr-1213	501	4	whether	whether	SCONJ
cblr-1213	501	5	auditors	auditor	NOUN
cblr-1213	501	6	and	and	CCONJ
cblr-1213	501	7	counsel	counsel	NOUN
cblr-1213	501	8	must	must	AUX
cblr-1213	501	9	,	,	PUNCT
cblr-1213	501	10	or	or	CCONJ
cblr-1213	501	11	should	should	AUX
cblr-1213	501	12	,	,	PUNCT
cblr-1213	501	13	provide	provide	VERB
cblr-1213	501	14	opinions	opinion	NOUN
cblr-1213	501	15	about	about	ADP
cblr-1213	501	16	the	the	DET
cblr-1213	501	17	appropriateness	appropriateness	NOUN
cblr-1213	501	18	of	of	ADP
cblr-1213	501	19	the	the	DET
cblr-1213	501	20	actions	action	NOUN
cblr-1213	501	21	taken	take	VERB
cblr-1213	501	22	.	.	PUNCT
cblr-1213	502	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	502	2	162	162	NUM
cblr-1213	502	3	columbia	columbia	PROPN
cblr-1213	502	4	business	business	NOUN
cblr-1213	502	5	law	law	PROPN
cblr-1213	502	6	review	review	NOUN
cblr-1213	502	7	[	[	X
cblr-1213	502	8	vol	vol	NOUN
cblr-1213	502	9	.	.	NOUN
cblr-1213	502	10	2018	2018	NUM
cblr-1213	502	11	the	the	DET
cblr-1213	502	12	general	general	ADJ
cblr-1213	502	13	information	information	NOUN
cblr-1213	502	14	needed	need	VERB
cblr-1213	502	15	to	to	PART
cblr-1213	502	16	understand	understand	VERB
cblr-1213	502	17	it.156	it.156	PROPN
cblr-1213	502	18	participating	participate	VERB
cblr-1213	502	19	funds	fund	NOUN
cblr-1213	502	20	must	must	AUX
cblr-1213	502	21	report	report	VERB
cblr-1213	502	22	the	the	DET
cblr-1213	502	23	upper	upper	ADJ
cblr-1213	502	24	swing	swing	NOUN
cblr-1213	502	25	limit	limit	NOUN
cblr-1213	502	26	.	.	PUNCT
cblr-1213	503	1	the	the	DET
cblr-1213	503	2	sec	sec	PROPN
cblr-1213	503	3	characterized	characterize	VERB
cblr-1213	503	4	the	the	DET
cblr-1213	503	5	reported	report	VERB
cblr-1213	503	6	upper	upper	ADJ
cblr-1213	503	7	limit	limit	NOUN
cblr-1213	503	8	as	as	ADP
cblr-1213	503	9	a	a	DET
cblr-1213	503	10	“	"	PUNCT
cblr-1213	503	11	critical	critical	ADJ
cblr-1213	503	12	”	"	PUNCT
cblr-1213	503	13	disclosure	disclosure	NOUN
cblr-1213	503	14	assisting	assist	VERB
cblr-1213	503	15	investors	investor	NOUN
cblr-1213	503	16	in	in	ADP
cblr-1213	503	17	comprehending	comprehend	VERB
cblr-1213	503	18	investment	investment	NOUN
cblr-1213	503	19	risks	risk	NOUN
cblr-1213	503	20	associated	associate	VERB
cblr-1213	503	21	with	with	ADP
cblr-1213	503	22	particular	particular	ADJ
cblr-1213	503	23	funds.157	funds.157	NOUN
cblr-1213	503	24	it	it	PRON
cblr-1213	503	25	also	also	ADV
cblr-1213	503	26	creates	create	VERB
cblr-1213	503	27	transparency	transparency	NOUN
cblr-1213	503	28	regarding	regard	VERB
cblr-1213	503	29	potential	potential	ADJ
cblr-1213	503	30	price	price	NOUN
cblr-1213	503	31	adjustments	adjustment	NOUN
cblr-1213	503	32	.	.	PUNCT
cblr-1213	504	1	importantly	importantly	ADV
cblr-1213	504	2	,	,	PUNCT
cblr-1213	504	3	and	and	CCONJ
cblr-1213	504	4	to	to	PART
cblr-1213	504	5	prevent	prevent	VERB
cblr-1213	504	6	gaming	gaming	NOUN
cblr-1213	504	7	and	and	CCONJ
cblr-1213	504	8	unfair	unfair	ADJ
cblr-1213	504	9	trading	trading	NOUN
cblr-1213	504	10	,	,	PUNCT
cblr-1213	504	11	participating	participate	VERB
cblr-1213	504	12	funds	fund	NOUN
cblr-1213	504	13	are	be	AUX
cblr-1213	504	14	not	not	PART
cblr-1213	504	15	required	require	VERB
cblr-1213	504	16	to	to	PART
cblr-1213	504	17	disclose	disclose	VERB
cblr-1213	504	18	the	the	DET
cblr-1213	504	19	swing	swing	NOUN
cblr-1213	504	20	threshold	threshold	NOUN
cblr-1213	504	21	or	or	CCONJ
cblr-1213	504	22	swing	swing	NOUN
cblr-1213	504	23	factor	factor	NOUN
cblr-1213	504	24	in	in	ADP
cblr-1213	504	25	the	the	DET
cblr-1213	504	26	prospectus.158	prospectus.158	NOUN
cblr-1213	504	27	participating	participate	VERB
cblr-1213	504	28	funds	fund	NOUN
cblr-1213	504	29	must	must	AUX
cblr-1213	504	30	make	make	VERB
cblr-1213	504	31	additional	additional	ADJ
cblr-1213	504	32	disclosures	disclosure	NOUN
cblr-1213	504	33	in	in	ADP
cblr-1213	504	34	a	a	DET
cblr-1213	504	35	variety	variety	NOUN
cblr-1213	504	36	of	of	ADP
cblr-1213	504	37	formats	format	NOUN
cblr-1213	504	38	and	and	CCONJ
cblr-1213	504	39	subject	subject	ADJ
cblr-1213	504	40	to	to	ADP
cblr-1213	504	41	different	different	ADJ
cblr-1213	504	42	valuation	valuation	NOUN
cblr-1213	504	43	standards	standard	NOUN
cblr-1213	504	44	.	.	PUNCT
cblr-1213	505	1	for	for	ADP
cblr-1213	505	2	example	example	NOUN
cblr-1213	505	3	,	,	PUNCT
cblr-1213	505	4	participating	participate	VERB
cblr-1213	505	5	funds	fund	NOUN
cblr-1213	505	6	can	can	AUX
cblr-1213	505	7	report	report	VERB
cblr-1213	505	8	the	the	DET
cblr-1213	505	9	swung	swung	ADJ
cblr-1213	505	10	nav	nav	PROPN
cblr-1213	505	11	as	as	ADP
cblr-1213	505	12	a	a	DET
cblr-1213	505	13	separate	separate	ADJ
cblr-1213	505	14	line	line	NOUN
cblr-1213	505	15	item	item	NOUN
cblr-1213	505	16	in	in	ADP
cblr-1213	505	17	addition	addition	NOUN
cblr-1213	505	18	to	to	ADP
cblr-1213	505	19	the	the	DET
cblr-1213	505	20	gaap	gaap	NOUN
cblr-1213	505	21	(	(	PUNCT
cblr-1213	505	22	the	the	DET
cblr-1213	505	23	u.s	u.s	PROPN
cblr-1213	505	24	.	.	PROPN
cblr-1213	505	25	generally	generally	ADV
cblr-1213	505	26	accepted	accept	VERB
cblr-1213	505	27	accounting	accounting	NOUN
cblr-1213	505	28	principles	principle	NOUN
cblr-1213	505	29	)	)	PUNCT
cblr-1213	505	30	nav.159	nav.159	NOUN
cblr-1213	505	31	participating	participate	VERB
cblr-1213	505	32	funds	fund	NOUN
cblr-1213	505	33	will	will	AUX
cblr-1213	505	34	report	report	VERB
cblr-1213	505	35	the	the	DET
cblr-1213	505	36	gaap	gaap	PROPN
cblr-1213	505	37	nav	nav	PROPN
cblr-1213	505	38	,	,	PUNCT
cblr-1213	505	39	rather	rather	ADV
cblr-1213	505	40	than	than	ADP
cblr-1213	505	41	a	a	DET
cblr-1213	505	42	swung	swung	ADJ
cblr-1213	505	43	nav	nav	NOUN
cblr-1213	505	44	,	,	PUNCT
cblr-1213	505	45	on	on	ADP
cblr-1213	505	46	the	the	DET
cblr-1213	505	47	statement	statement	NOUN
cblr-1213	505	48	of	of	ADP
cblr-1213	505	49	assets	asset	NOUN
cblr-1213	505	50	and	and	CCONJ
cblr-1213	505	51	liabilities160	liabilities160	PROPN
cblr-1213	505	52	and	and	CCONJ
cblr-1213	505	53	in	in	ADP
cblr-1213	505	54	communicating	communicate	VERB
cblr-1213	505	55	shareholders	shareholder	NOUN
cblr-1213	505	56	’	’	PART
cblr-1213	505	57	total	total	ADJ
cblr-1213	505	58	financial	financial	ADJ
cblr-1213	505	59	return.161	return.161	ADJ
cblr-1213	505	60	participating	participate	VERB
cblr-1213	505	61	funds	fund	NOUN
cblr-1213	505	62	will	will	AUX
cblr-1213	505	63	report	report	VERB
cblr-1213	505	64	the	the	DET
cblr-1213	505	65	swung	swung	ADJ
cblr-1213	505	66	nav	nav	NOUN
cblr-1213	505	67	on	on	ADP
cblr-1213	505	68	the	the	DET
cblr-1213	505	69	statement	statement	NOUN
cblr-1213	505	70	of	of	ADP
cblr-1213	505	71	changes	change	NOUN
cblr-1213	505	72	in	in	ADP
cblr-1213	505	73	net	net	ADJ
cblr-1213	505	74	assets	asset	NOUN
cblr-1213	505	75	to	to	PART
cblr-1213	505	76	reflect	reflect	VERB
cblr-1213	505	77	the	the	DET
cblr-1213	505	78	number	number	NOUN
cblr-1213	505	79	of	of	ADP
cblr-1213	505	80	shares	share	NOUN
cblr-1213	505	81	and	and	CCONJ
cblr-1213	505	82	the	the	DET
cblr-1213	505	83	dollar	dollar	NOUN
cblr-1213	505	84	amounts	amount	NOUN
cblr-1213	505	85	received	receive	VERB
cblr-1213	505	86	and	and	CCONJ
cblr-1213	505	87	paid	pay	VERB
cblr-1213	505	88	for	for	ADP
cblr-1213	505	89	shares	share	NOUN
cblr-1213	505	90	for	for	ADP
cblr-1213	505	91	shares	share	NOUN
cblr-1213	505	92	sold	sell	VERB
cblr-1213	505	93	or	or	CCONJ
cblr-1213	505	94	redeemed.162	redeemed.162	VERB
cblr-1213	505	95	the	the	DET
cblr-1213	505	96	technical	technical	ADJ
cblr-1213	505	97	specificity	specificity	NOUN
cblr-1213	505	98	of	of	ADP
cblr-1213	505	99	the	the	DET
cblr-1213	505	100	additional	additional	ADJ
cblr-1213	505	101	disclosure	disclosure	NOUN
cblr-1213	505	102	rules	rule	NOUN
cblr-1213	505	103	reveal	reveal	VERB
cblr-1213	505	104	the	the	DET
cblr-1213	505	105	operational	operational	ADJ
cblr-1213	505	106	complexity	complexity	NOUN
cblr-1213	505	107	and	and	CCONJ
cblr-1213	505	108	fundamental	fundamental	ADJ
cblr-1213	505	109	change	change	NOUN
cblr-1213	505	110	to	to	ADP
cblr-1213	505	111	mutual	mutual	ADJ
cblr-1213	505	112	fund	fund	NOUN
cblr-1213	505	113	operations	operation	NOUN
cblr-1213	505	114	required	require	VERB
cblr-1213	505	115	by	by	ADP
cblr-1213	505	116	swing	swing	NOUN
cblr-1213	505	117	pricing	pricing	NOUN
cblr-1213	505	118	.	.	PUNCT
cblr-1213	506	1	156	156	NUM
cblr-1213	507	1	i	i	PRON
cblr-1213	507	2	d.	d.	NOUN
cblr-1213	507	3	at	at	ADP
cblr-1213	507	4	82116	82116	NUM
cblr-1213	507	5	.	.	PUNCT
cblr-1213	508	1	see	see	VERB
cblr-1213	508	2	also	also	ADV
cblr-1213	508	3	sec	sec	PROPN
cblr-1213	508	4	form	form	NOUN
cblr-1213	508	5	n-1a	n-1a	PROPN
cblr-1213	508	6	,	,	PUNCT
cblr-1213	508	7	item	item	NOUN
cblr-1213	508	8	6	6	NUM
cblr-1213	508	9	(	(	PUNCT
cblr-1213	508	10	instructing	instruct	VERB
cblr-1213	508	11	funds	fund	NOUN
cblr-1213	508	12	on	on	ADP
cblr-1213	508	13	required	require	VERB
cblr-1213	508	14	share	share	NOUN
cblr-1213	508	15	purchase	purchase	NOUN
cblr-1213	508	16	and	and	CCONJ
cblr-1213	508	17	sale	sale	NOUN
cblr-1213	508	18	disclosures	disclosure	NOUN
cblr-1213	508	19	)	)	PUNCT
cblr-1213	508	20	.	.	PUNCT
cblr-1213	509	1	157	157	NUM
cblr-1213	509	2	final	final	ADJ
cblr-1213	509	3	rules	rule	NOUN
cblr-1213	509	4	,	,	PUNCT
cblr-1213	509	5	supra	supra	PROPN
cblr-1213	509	6	note	note	NOUN
cblr-1213	509	7	4	4	NUM
cblr-1213	509	8	,	,	PUNCT
cblr-1213	509	9	at	at	ADP
cblr-1213	509	10	82106	82106	NUM
cblr-1213	509	11	.	.	PUNCT
cblr-1213	510	1	see	see	AUX
cblr-1213	510	2	also	also	ADV
cblr-1213	510	3	amended	amend	VERB
cblr-1213	510	4	part	part	NOUN
cblr-1213	510	5	c	c	NOUN
cblr-1213	510	6	of	of	ADP
cblr-1213	510	7	form	form	NOUN
cblr-1213	510	8	n	n	CCONJ
cblr-1213	510	9	-	-	PUNCT
cblr-1213	510	10	cen	cen	NOUN
cblr-1213	510	11	(	(	PUNCT
cblr-1213	510	12	outlining	outline	VERB
cblr-1213	510	13	disclosure	disclosure	NOUN
cblr-1213	510	14	of	of	ADP
cblr-1213	510	15	the	the	DET
cblr-1213	510	16	swing	swing	NOUN
cblr-1213	510	17	factor	factor	NOUN
cblr-1213	510	18	upper	upper	ADJ
cblr-1213	510	19	limit	limit	NOUN
cblr-1213	510	20	)	)	PUNCT
cblr-1213	510	21	.	.	PUNCT
cblr-1213	511	1	158	158	NUM
cblr-1213	511	2	final	final	ADJ
cblr-1213	511	3	rules	rule	NOUN
cblr-1213	511	4	,	,	PUNCT
cblr-1213	511	5	supra	supra	PROPN
cblr-1213	511	6	note	note	NOUN
cblr-1213	511	7	4	4	NUM
cblr-1213	511	8	,	,	PUNCT
cblr-1213	511	9	at	at	ADP
cblr-1213	511	10	82116	82116	NUM
cblr-1213	511	11	.	.	PUNCT
cblr-1213	512	1	159	159	NUM
cblr-1213	512	2	i	i	PRON
cblr-1213	512	3	d.	d.	PROPN
cblr-1213	512	4	at	at	ADP
cblr-1213	512	5	82113	82113	NUM
cblr-1213	512	6	.	.	PUNCT
cblr-1213	513	1	160	160	NUM
cblr-1213	513	2	the	the	DET
cblr-1213	513	3	final	final	ADJ
cblr-1213	513	4	rules	rule	NOUN
cblr-1213	513	5	did	do	AUX
cblr-1213	513	6	not	not	PART
cblr-1213	513	7	implement	implement	VERB
cblr-1213	513	8	an	an	DET
cblr-1213	513	9	amendment	amendment	NOUN
cblr-1213	513	10	to	to	PART
cblr-1213	513	11	regulation	regulation	VERB
cblr-1213	513	12	sx	sx	PROPN
cblr-1213	513	13	rule	rule	NOUN
cblr-1213	513	14	6	6	NUM
cblr-1213	513	15	-	-	SYM
cblr-1213	513	16	04.19	04.19	NUM
cblr-1213	513	17	to	to	PART
cblr-1213	513	18	require	require	VERB
cblr-1213	513	19	funds	fund	NOUN
cblr-1213	513	20	to	to	PART
cblr-1213	513	21	disclose	disclose	VERB
cblr-1213	513	22	the	the	DET
cblr-1213	513	23	swung	swung	ADJ
cblr-1213	513	24	nav	nav	NOUN
cblr-1213	513	25	,	,	PUNCT
cblr-1213	513	26	as	as	SCONJ
cblr-1213	513	27	originally	originally	ADV
cblr-1213	513	28	proposed	propose	VERB
cblr-1213	513	29	.	.	PUNCT
cblr-1213	514	1	i	i	PRON
cblr-1213	514	2	d.	d.	PROPN
cblr-1213	514	3	at	at	ADP
cblr-1213	514	4	82112	82112	NUM
cblr-1213	514	5	.	.	PUNCT
cblr-1213	515	1	the	the	DET
cblr-1213	515	2	gaap	gaap	PROPN
cblr-1213	515	3	nav	nav	PROPN
cblr-1213	515	4	should	should	AUX
cblr-1213	515	5	incorporate	incorporate	VERB
cblr-1213	515	6	the	the	DET
cblr-1213	515	7	effects	effect	NOUN
cblr-1213	515	8	of	of	ADP
cblr-1213	515	9	swing	swing	NOUN
cblr-1213	515	10	pricing	pricing	NOUN
cblr-1213	515	11	through	through	ADP
cblr-1213	515	12	the	the	DET
cblr-1213	515	13	accounting	accounting	NOUN
cblr-1213	515	14	period	period	NOUN
cblr-1213	515	15	.	.	PUNCT
cblr-1213	516	1	i	i	PRON
cblr-1213	516	2	d.	d.	PROPN
cblr-1213	516	3	161	161	NUM
cblr-1213	517	1	i	i	PRON
cblr-1213	517	2	d.	d.	PROPN
cblr-1213	517	3	at	at	ADP
cblr-1213	517	4	82113–14	82113–14	PROPN
cblr-1213	517	5	(	(	PUNCT
cblr-1213	517	6	citing	cite	VERB
cblr-1213	517	7	to	to	ADP
cblr-1213	517	8	the	the	DET
cblr-1213	517	9	incorporation	incorporation	NOUN
cblr-1213	517	10	of	of	ADP
cblr-1213	517	11	swung	swung	ADJ
cblr-1213	517	12	nav	nav	PROPN
cblr-1213	517	13	pricing	pricing	NOUN
cblr-1213	517	14	effects	effect	NOUN
cblr-1213	517	15	in	in	ADP
cblr-1213	517	16	the	the	DET
cblr-1213	517	17	total	total	ADJ
cblr-1213	517	18	return	return	NOUN
cblr-1213	517	19	using	use	VERB
cblr-1213	517	20	gaap	gaap	PROPN
cblr-1213	517	21	nav	nav	PROPN
cblr-1213	517	22	)	)	PUNCT
cblr-1213	517	23	.	.	PUNCT
cblr-1213	518	1	162	162	NUM
cblr-1213	519	1	i	i	PRON
cblr-1213	519	2	d.	d.	PROPN
cblr-1213	519	3	at	at	ADP
cblr-1213	519	4	82113	82113	NUM
cblr-1213	519	5	.	.	PUNCT
cblr-1213	520	1	see	see	VERB
cblr-1213	520	2	also	also	ADV
cblr-1213	520	3	17	17	NUM
cblr-1213	520	4	cfr	cfr	NOUN
cblr-1213	520	5	210.6	210.6	NUM
cblr-1213	520	6	-	-	PUNCT
cblr-1213	520	7	09.4(b	09.4(b	NUM
cblr-1213	520	8	)	)	PUNCT
cblr-1213	520	9	(	(	PUNCT
cblr-1213	520	10	establishing	establish	VERB
cblr-1213	520	11	the	the	DET
cblr-1213	520	12	current	current	ADJ
cblr-1213	520	13	regulations	regulation	NOUN
cblr-1213	520	14	on	on	ADP
cblr-1213	520	15	mutual	mutual	ADJ
cblr-1213	520	16	fund	fund	NOUN
cblr-1213	520	17	share	share	NOUN
cblr-1213	520	18	price	price	NOUN
cblr-1213	520	19	reporting	reporting	NOUN
cblr-1213	520	20	)	)	PUNCT
cblr-1213	520	21	.	.	PUNCT
cblr-1213	521	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	522	1	no	no	INTJ
cblr-1213	522	2	.	.	PUNCT
cblr-1213	523	1	1:130	1:130	NUM
cblr-1213	523	2	]	]	X
cblr-1213	523	3	will	will	AUX
cblr-1213	523	4	swing	swing	VERB
cblr-1213	523	5	pricing	pricing	NOUN
cblr-1213	523	6	save	save	VERB
cblr-1213	523	7	sedentary	sedentary	ADJ
cblr-1213	523	8	shareholders	shareholder	NOUN
cblr-1213	523	9	?	?	PUNCT
cblr-1213	524	1	163	163	NUM
cblr-1213	524	2	iv	iv	NOUN
cblr-1213	524	3	.	.	PUNCT
cblr-1213	524	4	analysis	analysis	NOUN
cblr-1213	524	5	of	of	ADP
cblr-1213	524	6	swing	swing	NOUN
cblr-1213	524	7	pricing	pricing	NOUN
cblr-1213	524	8	comments	comment	NOUN
cblr-1213	524	9	&	&	CCONJ
cblr-1213	524	10	rule	rule	NOUN
cblr-1213	524	11	ramifications	ramification	NOUN
cblr-1213	524	12	the	the	DET
cblr-1213	524	13	mutual	mutual	ADJ
cblr-1213	524	14	fund	fund	NOUN
cblr-1213	524	15	industry	industry	NOUN
cblr-1213	524	16	actively	actively	ADV
cblr-1213	524	17	participated	participate	VERB
cblr-1213	524	18	in	in	ADP
cblr-1213	524	19	the	the	DET
cblr-1213	524	20	notice	notice	NOUN
cblr-1213	524	21	and	and	CCONJ
cblr-1213	524	22	comment	comment	NOUN
cblr-1213	524	23	period	period	NOUN
cblr-1213	524	24	of	of	ADP
cblr-1213	524	25	the	the	DET
cblr-1213	524	26	proposed	propose	VERB
cblr-1213	524	27	rules	rule	NOUN
cblr-1213	524	28	and	and	CCONJ
cblr-1213	524	29	influenced	influence	VERB
cblr-1213	524	30	the	the	DET
cblr-1213	524	31	final	final	ADJ
cblr-1213	524	32	rules	rule	NOUN
cblr-1213	524	33	.	.	PUNCT
cblr-1213	525	1	the	the	DET
cblr-1213	525	2	sec	sec	PROPN
cblr-1213	525	3	extended	extend	VERB
cblr-1213	525	4	the	the	DET
cblr-1213	525	5	liquidity	liquidity	NOUN
cblr-1213	525	6	rule	rule	NOUN
cblr-1213	525	7	comment	comment	NOUN
cblr-1213	525	8	period	period	NOUN
cblr-1213	525	9	to	to	ADP
cblr-1213	525	10	january	january	PROPN
cblr-1213	525	11	13	13	NUM
cblr-1213	525	12	,	,	PUNCT
cblr-1213	525	13	2016	2016	NUM
cblr-1213	525	14	,	,	PUNCT
cblr-1213	525	15	during	during	ADP
cblr-1213	525	16	which	which	DET
cblr-1213	525	17	time	time	NOUN
cblr-1213	525	18	it	it	PRON
cblr-1213	525	19	received	receive	VERB
cblr-1213	525	20	89	89	NUM
cblr-1213	525	21	comments	comment	NOUN
cblr-1213	525	22	,	,	PUNCT
cblr-1213	525	23	48	48	NUM
cblr-1213	525	24	of	of	ADP
cblr-1213	525	25	which	which	PRON
cblr-1213	525	26	addressed	address	VERB
cblr-1213	525	27	swing	swing	NOUN
cblr-1213	525	28	pricing	pricing	NOUN
cblr-1213	525	29	.	.	PUNCT
cblr-1213	526	1	roughly	roughly	ADV
cblr-1213	526	2	half	half	NOUN
cblr-1213	526	3	(	(	PUNCT
cblr-1213	526	4	48.8	48.8	NUM
cblr-1213	526	5	%	%	NOUN
cblr-1213	526	6	)	)	PUNCT
cblr-1213	526	7	generally	generally	ADV
cblr-1213	526	8	supported	support	VERB
cblr-1213	526	9	swing	swing	NOUN
cblr-1213	526	10	pricing	pricing	NOUN
cblr-1213	526	11	,	,	PUNCT
cblr-1213	526	12	and	and	CCONJ
cblr-1213	526	13	half	half	NOUN
cblr-1213	526	14	did	do	VERB
cblr-1213	526	15	not	not	PART
cblr-1213	526	16	.	.	PUNCT
cblr-1213	527	1	the	the	DET
cblr-1213	527	2	submitted	submit	VERB
cblr-1213	527	3	comments	comment	NOUN
cblr-1213	527	4	varied	varied	ADJ
cblr-1213	527	5	in	in	ADP
cblr-1213	527	6	length	length	NOUN
cblr-1213	527	7	,	,	PUNCT
cblr-1213	527	8	relevance	relevance	NOUN
cblr-1213	527	9	,	,	PUNCT
cblr-1213	527	10	and	and	CCONJ
cblr-1213	527	11	technicality.163	technicality.163	VERB
cblr-1213	527	12	the	the	DET
cblr-1213	527	13	comments	comment	NOUN
cblr-1213	527	14	provided	provide	VERB
cblr-1213	527	15	a	a	DET
cblr-1213	527	16	technical	technical	ADJ
cblr-1213	527	17	background	background	NOUN
cblr-1213	527	18	to	to	ADP
cblr-1213	527	19	the	the	DET
cblr-1213	527	20	proposed	propose	VERB
cblr-1213	527	21	rules	rule	NOUN
cblr-1213	527	22	,	,	PUNCT
cblr-1213	527	23	and	and	CCONJ
cblr-1213	527	24	informed	inform	VERB
cblr-1213	527	25	the	the	DET
cblr-1213	527	26	analysis	analysis	NOUN
cblr-1213	527	27	of	of	ADP
cblr-1213	527	28	the	the	DET
cblr-1213	527	29	benefits	benefit	NOUN
cblr-1213	527	30	and	and	CCONJ
cblr-1213	527	31	detriments	detriment	NOUN
cblr-1213	527	32	of	of	ADP
cblr-1213	527	33	the	the	DET
cblr-1213	527	34	rules	rule	NOUN
cblr-1213	527	35	in	in	ADP
cblr-1213	527	36	the	the	DET
cblr-1213	527	37	following	follow	VERB
cblr-1213	527	38	subsections	subsection	NOUN
cblr-1213	527	39	.	.	PUNCT
cblr-1213	528	1	the	the	DET
cblr-1213	528	2	swing	swing	NOUN
cblr-1213	528	3	pricing	pricing	NOUN
cblr-1213	528	4	comments	comment	NOUN
cblr-1213	528	5	grouped	group	VERB
cblr-1213	528	6	around	around	ADP
cblr-1213	528	7	the	the	DET
cblr-1213	528	8	following	follow	VERB
cblr-1213	528	9	issues	issue	NOUN
cblr-1213	528	10	:	:	PUNCT
cblr-1213	528	11	general	general	ADJ
cblr-1213	528	12	liquidity	liquidity	NOUN
cblr-1213	528	13	benefits	benefit	NOUN
cblr-1213	528	14	,	,	PUNCT
cblr-1213	528	15	cost	cost	VERB
cblr-1213	528	16	spreading	spreading	NOUN
cblr-1213	528	17	and	and	CCONJ
cblr-1213	528	18	dilution	dilution	NOUN
cblr-1213	528	19	,	,	PUNCT
cblr-1213	528	20	the	the	DET
cblr-1213	528	21	role	role	NOUN
cblr-1213	528	22	of	of	ADP
cblr-1213	528	23	board	board	NOUN
cblr-1213	528	24	oversight	oversight	NOUN
cblr-1213	528	25	,	,	PUNCT
cblr-1213	528	26	transparency	transparency	NOUN
cblr-1213	528	27	/	/	SYM
cblr-1213	528	28	disclosure	disclosure	NOUN
cblr-1213	528	29	issues	issue	NOUN
cblr-1213	528	30	to	to	ADP
cblr-1213	528	31	shareholders	shareholder	NOUN
cblr-1213	528	32	,	,	PUNCT
cblr-1213	528	33	implementation	implementation	NOUN
cblr-1213	528	34	expenses	expense	NOUN
cblr-1213	528	35	,	,	PUNCT
cblr-1213	528	36	operational	operational	ADJ
cblr-1213	528	37	concerns	concern	NOUN
cblr-1213	528	38	regarding	regard	VERB
cblr-1213	528	39	the	the	DET
cblr-1213	528	40	timing	timing	NOUN
cblr-1213	528	41	and	and	CCONJ
cblr-1213	528	42	price	price	NOUN
cblr-1213	528	43	calculations	calculation	NOUN
cblr-1213	528	44	in	in	ADP
cblr-1213	528	45	the	the	DET
cblr-1213	528	46	u.s	u.s	PROPN
cblr-1213	528	47	.	.	PROPN
cblr-1213	528	48	mutual	mutual	ADJ
cblr-1213	528	49	fund	fund	NOUN
cblr-1213	528	50	market	market	NOUN
cblr-1213	528	51	,	,	PUNCT
cblr-1213	528	52	and	and	CCONJ
cblr-1213	528	53	the	the	DET
cblr-1213	528	54	lack	lack	NOUN
cblr-1213	528	55	of	of	ADP
cblr-1213	528	56	a	a	DET
cblr-1213	528	57	safe	safe	ADJ
cblr-1213	528	58	harbor	harbor	NOUN
cblr-1213	528	59	for	for	ADP
cblr-1213	528	60	pricing	pricing	NOUN
cblr-1213	528	61	errors	error	NOUN
cblr-1213	528	62	.	.	PUNCT
cblr-1213	529	1	163	163	NUM
cblr-1213	529	2	see	see	NOUN
cblr-1213	529	3	,	,	PUNCT
cblr-1213	529	4	e.g.	e.g.	ADV
cblr-1213	529	5	,	,	PUNCT
cblr-1213	529	6	john	john	PROPN
cblr-1213	529	7	wahh	wahh	PROPN
cblr-1213	529	8	,	,	PUNCT
cblr-1213	529	9	comment	comment	NOUN
cblr-1213	529	10	letter	letter	NOUN
cblr-1213	529	11	on	on	ADP
cblr-1213	529	12	swing	swing	NOUN
cblr-1213	529	13	pricing	pricing	NOUN
cblr-1213	529	14	(	(	PUNCT
cblr-1213	529	15	oct	oct	PROPN
cblr-1213	529	16	.	.	PROPN
cblr-1213	529	17	1	1	NUM
cblr-1213	529	18	,	,	PUNCT
cblr-1213	529	19	2015	2015	NUM
cblr-1213	529	20	)	)	PUNCT
cblr-1213	529	21	,	,	PUNCT
cblr-1213	529	22	https://www.sec.gov/comments/s7-16-15/s71615-2.htm	https://www.sec.gov/comments/s7-16-15/s71615-2.htm	PROPN
cblr-1213	530	1	[	[	X
cblr-1213	530	2	perma.cc/	perma.cc/	NOUN
cblr-1213	530	3	83bq-8yhs	83bq-8yhs	X
cblr-1213	530	4	]	]	PUNCT
cblr-1213	530	5	(	(	PUNCT
cblr-1213	530	6	totaling	total	VERB
cblr-1213	530	7	1	1	NUM
cblr-1213	530	8	page	page	NOUN
cblr-1213	530	9	in	in	ADP
cblr-1213	530	10	length	length	NOUN
cblr-1213	530	11	)	)	PUNCT
cblr-1213	530	12	;	;	PUNCT
cblr-1213	530	13	cf	cf	X
cblr-1213	530	14	.	.	PUNCT
cblr-1213	531	1	inv	inv	PROPN
cblr-1213	531	2	.	.	PUNCT
cblr-1213	531	3	co.	co.	PROPN
cblr-1213	531	4	inst	inst	PROPN
cblr-1213	531	5	.	.	PUNCT
cblr-1213	531	6	comment	comment	NOUN
cblr-1213	531	7	letter	letter	NOUN
cblr-1213	531	8	,	,	PUNCT
cblr-1213	531	9	supra	supra	PROPN
cblr-1213	531	10	note	note	NOUN
cblr-1213	531	11	9	9	NUM
cblr-1213	531	12	(	(	PUNCT
cblr-1213	531	13	totaling	total	VERB
cblr-1213	531	14	117	117	NUM
cblr-1213	531	15	pages	page	NOUN
cblr-1213	531	16	in	in	ADP
cblr-1213	531	17	length	length	NOUN
cblr-1213	531	18	)	)	PUNCT
cblr-1213	531	19	.	.	PUNCT
cblr-1213	532	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	532	2	164	164	NUM
cblr-1213	532	3	columbia	columbia	PROPN
cblr-1213	532	4	business	business	NOUN
cblr-1213	532	5	law	law	PROPN
cblr-1213	532	6	review	review	NOUN
cblr-1213	532	7	[	[	X
cblr-1213	532	8	vol	vol	NOUN
cblr-1213	532	9	.	.	PUNCT
cblr-1213	532	10	2018	2018	NUM
cblr-1213	532	11	figure	figure	NOUN
cblr-1213	532	12	1	1	NUM
cblr-1213	532	13	:	:	PUNCT
cblr-1213	532	14	swing	swing	NOUN
cblr-1213	532	15	pricing	pricing	NOUN
cblr-1213	532	16	comments	comment	NOUN
cblr-1213	532	17	by	by	ADP
cblr-1213	532	18	category	category	NOUN
cblr-1213	532	19	a.	a.	NOUN
cblr-1213	532	20	benefits	benefit	NOUN
cblr-1213	532	21	swing	swing	NOUN
cblr-1213	532	22	pricing	pricing	NOUN
cblr-1213	532	23	promises	promise	VERB
cblr-1213	532	24	three	three	NUM
cblr-1213	532	25	main	main	ADJ
cblr-1213	532	26	benefits	benefit	NOUN
cblr-1213	532	27	to	to	ADP
cblr-1213	532	28	individual	individual	ADJ
cblr-1213	532	29	investors	investor	NOUN
cblr-1213	532	30	,	,	PUNCT
cblr-1213	532	31	the	the	DET
cblr-1213	532	32	mutual	mutual	ADJ
cblr-1213	532	33	fund	fund	NOUN
cblr-1213	532	34	industry	industry	NOUN
cblr-1213	532	35	,	,	PUNCT
cblr-1213	532	36	and	and	CCONJ
cblr-1213	532	37	the	the	DET
cblr-1213	532	38	investment	investment	NOUN
cblr-1213	532	39	landscape	landscape	NOUN
cblr-1213	532	40	.	.	PUNCT
cblr-1213	533	1	first	first	ADV
cblr-1213	533	2	,	,	PUNCT
cblr-1213	533	3	swing	swing	NOUN
cblr-1213	533	4	pricing	pricing	NOUN
cblr-1213	533	5	may	may	AUX
cblr-1213	533	6	benefit	benefit	VERB
cblr-1213	533	7	individual	individual	ADJ
cblr-1213	533	8	investors	investor	NOUN
cblr-1213	533	9	by	by	ADP
cblr-1213	533	10	mitigating	mitigate	VERB
cblr-1213	533	11	dilution	dilution	NOUN
cblr-1213	533	12	of	of	ADP
cblr-1213	533	13	invested	invest	VERB
cblr-1213	533	14	assets	asset	NOUN
cblr-1213	533	15	caused	cause	VERB
cblr-1213	533	16	by	by	ADP
cblr-1213	533	17	other	other	ADJ
cblr-1213	533	18	investors	investor	NOUN
cblr-1213	533	19	’	’	PART
cblr-1213	533	20	transactions	transaction	NOUN
cblr-1213	533	21	costs	cost	NOUN
cblr-1213	533	22	.	.	PUNCT
cblr-1213	534	1	second	second	ADJ
cblr-1213	534	2	,	,	PUNCT
cblr-1213	534	3	swing	swing	NOUN
cblr-1213	534	4	pricing	pricing	NOUN
cblr-1213	534	5	offers	offer	VERB
cblr-1213	534	6	benefits	benefit	NOUN
cblr-1213	534	7	to	to	ADP
cblr-1213	534	8	mutual	mutual	ADJ
cblr-1213	534	9	funds	fund	NOUN
cblr-1213	534	10	through	through	ADP
cblr-1213	534	11	higher	high	ADJ
cblr-1213	534	12	reported	report	VERB
cblr-1213	534	13	investment	investment	NOUN
cblr-1213	534	14	returns	return	NOUN
cblr-1213	534	15	and	and	CCONJ
cblr-1213	534	16	a	a	DET
cblr-1213	534	17	larger	large	ADJ
cblr-1213	534	18	asset	asset	NOUN
cblr-1213	534	19	pool	pool	NOUN
cblr-1213	534	20	if	if	SCONJ
cblr-1213	534	21	funds	fund	NOUN
cblr-1213	534	22	can	can	AUX
cblr-1213	534	23	successfully	successfully	ADV
cblr-1213	534	24	siphon	siphon	VERB
cblr-1213	534	25	out	out	ADP
cblr-1213	534	26	transaction	transaction	NOUN
cblr-1213	534	27	costs	cost	NOUN
cblr-1213	534	28	from	from	ADP
cblr-1213	534	29	its	its	PRON
cblr-1213	534	30	valuations	valuation	NOUN
cblr-1213	534	31	.	.	PUNCT
cblr-1213	535	1	third	third	ADJ
cblr-1213	535	2	,	,	PUNCT
cblr-1213	535	3	swing	swing	NOUN
cblr-1213	535	4	pricing	pricing	NOUN
cblr-1213	535	5	removes	remove	VERB
cblr-1213	535	6	disincentives	disincentive	NOUN
cblr-1213	535	7	for	for	ADP
cblr-1213	535	8	long	long	ADJ
cblr-1213	535	9	-	-	PUNCT
cblr-1213	535	10	term	term	NOUN
cblr-1213	535	11	investment	investment	NOUN
cblr-1213	535	12	positions	position	NOUN
cblr-1213	535	13	(	(	PUNCT
cblr-1213	535	14	the	the	DET
cblr-1213	535	15	default	default	NOUN
cblr-1213	535	16	of	of	ADP
cblr-1213	535	17	so	so	ADV
cblr-1213	535	18	many	many	ADJ
cblr-1213	535	19	american	american	ADJ
cblr-1213	535	20	retirement	retirement	NOUN
cblr-1213	535	21	investors	investor	NOUN
cblr-1213	535	22	)	)	PUNCT
cblr-1213	535	23	,	,	PUNCT
cblr-1213	535	24	counters	counter	VERB
cblr-1213	535	25	first	first	ADJ
cblr-1213	535	26	-	-	PUNCT
cblr-1213	535	27	mover	mover	NOUN
cblr-1213	535	28	advantages	advantage	NOUN
cblr-1213	535	29	in	in	ADP
cblr-1213	535	30	a	a	DET
cblr-1213	535	31	liquidity	liquidity	NOUN
cblr-1213	535	32	crisis	crisis	NOUN
cblr-1213	535	33	,	,	PUNCT
cblr-1213	535	34	and	and	CCONJ
cblr-1213	535	35	levels	level	VERB
cblr-1213	535	36	the	the	DET
cblr-1213	535	37	playing	play	VERB
cblr-1213	535	38	field	field	NOUN
cblr-1213	535	39	between	between	ADP
cblr-1213	535	40	active	active	ADJ
cblr-1213	535	41	and	and	CCONJ
cblr-1213	535	42	sedentary	sedentary	ADJ
cblr-1213	535	43	investors	investor	NOUN
cblr-1213	535	44	.	.	PUNCT
cblr-1213	536	1	in	in	ADP
cblr-1213	536	2	part	part	NOUN
cblr-1213	536	3	vi	vi	PROPN
cblr-1213	536	4	,	,	PUNCT
cblr-1213	536	5	this	this	DET
cblr-1213	536	6	article	article	NOUN
cblr-1213	536	7	evaluates	evaluate	VERB
cblr-1213	536	8	the	the	DET
cblr-1213	536	9	relative	relative	ADJ
cblr-1213	536	10	weight	weight	NOUN
cblr-1213	536	11	of	of	ADP
cblr-1213	536	12	these	these	DET
cblr-1213	536	13	benefits	benefit	NOUN
cblr-1213	536	14	from	from	ADP
cblr-1213	536	15	the	the	DET
cblr-1213	536	16	authors	author	NOUN
cblr-1213	536	17	’	’	PART
cblr-1213	536	18	academic	academic	ADJ
cblr-1213	536	19	and	and	CCONJ
cblr-1213	536	20	industry	industry	NOUN
cblr-1213	536	21	perspectives	perspective	NOUN
cblr-1213	536	22	.	.	PUNCT
cblr-1213	537	1	swing	swing	NOUN
cblr-1213	537	2	pricing	pricing	NOUN
cblr-1213	537	3	counteracts	counteract	VERB
cblr-1213	537	4	the	the	DET
cblr-1213	537	5	dilutive	dilutive	ADJ
cblr-1213	537	6	nature	nature	NOUN
cblr-1213	537	7	of	of	ADP
cblr-1213	537	8	mutual	mutual	ADJ
cblr-1213	537	9	fund	fund	NOUN
cblr-1213	537	10	shareholder	shareholder	NOUN
cblr-1213	537	11	purchases	purchase	NOUN
cblr-1213	537	12	and	and	CCONJ
cblr-1213	537	13	redemptions	redemption	NOUN
cblr-1213	537	14	where	where	SCONJ
cblr-1213	537	15	the	the	DET
cblr-1213	537	16	transaction	transaction	NOUN
cblr-1213	537	17	cost	cost	NOUN
cblr-1213	537	18	of	of	ADP
cblr-1213	537	19	the	the	DET
cblr-1213	537	20	activity	activity	NOUN
cblr-1213	537	21	may	may	AUX
cblr-1213	537	22	not	not	PART
cblr-1213	537	23	be	be	AUX
cblr-1213	537	24	fully	fully	ADV
cblr-1213	537	25	paid	pay	VERB
cblr-1213	537	26	by	by	ADP
cblr-1213	537	27	the	the	DET
cblr-1213	537	28	initiating	initiate	VERB
cblr-1213	537	29	shareholders.164	shareholders.164	NOUN
cblr-1213	537	30	without	without	ADP
cblr-1213	537	31	swing	swing	NOUN
cblr-1213	537	32	pricing	pricing	NOUN
cblr-1213	537	33	,	,	PUNCT
cblr-1213	537	34	long	long	ADJ
cblr-1213	537	35	-	-	PUNCT
cblr-1213	537	36	term	term	NOUN
cblr-1213	537	37	164	164	NUM
cblr-1213	537	38	inv	inv	ADJ
cblr-1213	537	39	.	.	PUNCT
cblr-1213	537	40	co.	co.	PROPN
cblr-1213	537	41	inst	inst	PROPN
cblr-1213	537	42	.	.	PUNCT
cblr-1213	537	43	comment	comment	NOUN
cblr-1213	537	44	letter	letter	NOUN
cblr-1213	537	45	,	,	PUNCT
cblr-1213	537	46	supra	supra	PROPN
cblr-1213	537	47	note	note	NOUN
cblr-1213	537	48	9	9	NUM
cblr-1213	537	49	,	,	PUNCT
cblr-1213	537	50	at	at	ADP
cblr-1213	537	51	56	56	NUM
cblr-1213	537	52	.	.	PUNCT
cblr-1213	538	1	expenses	expense	NOUN
cblr-1213	538	2	6	6	NUM
cblr-1213	538	3	intermed	interme	VERB
cblr-1213	538	4	.	.	PUNCT
cblr-1213	539	1	13	13	NUM
cblr-1213	539	2	safe	safe	ADJ
cblr-1213	539	3	harbor	harbor	NOUN
cblr-1213	539	4	14	14	NUM
cblr-1213	539	5	timing	timing	NOUN
cblr-1213	539	6	20	20	NUM
cblr-1213	539	7	bod	bod	NOUN
cblr-1213	539	8	21	21	NUM
cblr-1213	539	9	disclos	disclo	NOUN
cblr-1213	539	10	.	.	PUNCT
cblr-1213	540	1	23	23	NUM
cblr-1213	540	2	flex	flex	ADJ
cblr-1213	540	3	.	.	PUNCT
cblr-1213	541	1	28	28	NUM
cblr-1213	541	2	0	0	NUM
cblr-1213	541	3	5	5	NUM
cblr-1213	541	4	10	10	NUM
cblr-1213	541	5	15	15	NUM
cblr-1213	541	6	20	20	NUM
cblr-1213	541	7	25	25	NUM
cblr-1213	541	8	30	30	NUM
cblr-1213	541	9	comment	comment	NOUN
cblr-1213	541	10	category	category	NOUN
cblr-1213	541	11	swing	swing	NOUN
cblr-1213	541	12	pricing	pricing	NOUN
cblr-1213	541	13	comments	comment	NOUN
cblr-1213	541	14	expenses	expense	NOUN
cblr-1213	541	15	intermed	interme	VERB
cblr-1213	541	16	.	.	PUNCT
cblr-1213	542	1	safe	safe	ADJ
cblr-1213	542	2	harbor	harbor	NOUN
cblr-1213	542	3	timing	time	VERB
cblr-1213	542	4	bod	bod	ADJ
cblr-1213	542	5	disclos	disclo	NOUN
cblr-1213	542	6	.	.	PUNCT
cblr-1213	543	1	flex	flex	ADJ
cblr-1213	543	2	.	.	PUNCT
cblr-1213	544	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	545	1	no	no	INTJ
cblr-1213	545	2	.	.	PUNCT
cblr-1213	546	1	1:130	1:130	NUM
cblr-1213	546	2	]	]	X
cblr-1213	546	3	will	will	AUX
cblr-1213	546	4	swing	swing	VERB
cblr-1213	546	5	pricing	pricing	NOUN
cblr-1213	546	6	save	save	VERB
cblr-1213	546	7	sedentary	sedentary	ADJ
cblr-1213	546	8	shareholders	shareholder	NOUN
cblr-1213	546	9	?	?	PUNCT
cblr-1213	547	1	165	165	NUM
cblr-1213	547	2	mutual	mutual	ADJ
cblr-1213	547	3	fund	fund	NOUN
cblr-1213	547	4	shareholders	shareholder	NOUN
cblr-1213	547	5	who	who	PRON
cblr-1213	547	6	were	be	AUX
cblr-1213	547	7	,	,	PUNCT
cblr-1213	547	8	and	and	CCONJ
cblr-1213	547	9	remain	remain	VERB
cblr-1213	547	10	,	,	PUNCT
cblr-1213	547	11	investors	investor	NOUN
cblr-1213	547	12	in	in	ADP
cblr-1213	547	13	the	the	DET
cblr-1213	547	14	fund	fund	NOUN
cblr-1213	547	15	may	may	AUX
cblr-1213	547	16	finance	finance	VERB
cblr-1213	547	17	and	and	CCONJ
cblr-1213	547	18	subsidize	subsidize	VERB
cblr-1213	547	19	transaction	transaction	NOUN
cblr-1213	547	20	costs	cost	NOUN
cblr-1213	547	21	associated	associate	VERB
cblr-1213	547	22	with	with	ADP
cblr-1213	547	23	mutual	mutual	ADJ
cblr-1213	547	24	fund	fund	NOUN
cblr-1213	547	25	shareholder	shareholder	NOUN
cblr-1213	547	26	exit	exit	NOUN
cblr-1213	547	27	or	or	CCONJ
cblr-1213	547	28	new	new	ADJ
cblr-1213	547	29	investment.165	investment.165	PROPN
cblr-1213	547	30	sec	sec	PROPN
cblr-1213	547	31	comments	comment	NOUN
cblr-1213	547	32	generally	generally	ADV
cblr-1213	547	33	supported	support	VERB
cblr-1213	547	34	the	the	DET
cblr-1213	547	35	dilution	dilution	NOUN
cblr-1213	547	36	-	-	PUNCT
cblr-1213	547	37	mitigating	mitigate	VERB
cblr-1213	547	38	effects	effect	NOUN
cblr-1213	547	39	of	of	ADP
cblr-1213	547	40	swing	swing	NOUN
cblr-1213	547	41	pricing.166	pricing.166	NOUN
cblr-1213	547	42	shifting	shift	VERB
cblr-1213	547	43	transaction	transaction	NOUN
cblr-1213	547	44	costs	cost	NOUN
cblr-1213	547	45	to	to	ADP
cblr-1213	547	46	triggering	trigger	VERB
cblr-1213	547	47	shareholders	shareholder	NOUN
cblr-1213	547	48	and	and	CCONJ
cblr-1213	547	49	away	away	ADV
cblr-1213	547	50	from	from	ADP
cblr-1213	547	51	the	the	DET
cblr-1213	547	52	existing	exist	VERB
cblr-1213	547	53	shareholders	shareholder	NOUN
cblr-1213	547	54	facilitates	facilitate	VERB
cblr-1213	547	55	equitable	equitable	ADJ
cblr-1213	547	56	pricing	pricing	NOUN
cblr-1213	547	57	and	and	CCONJ
cblr-1213	547	58	returns	return	NOUN
cblr-1213	547	59	among	among	ADP
cblr-1213	547	60	all	all	DET
cblr-1213	547	61	shareholders	shareholder	NOUN
cblr-1213	547	62	.	.	PUNCT
cblr-1213	548	1	swing	swing	NOUN
cblr-1213	548	2	pricing	pricing	NOUN
cblr-1213	548	3	removes	remove	VERB
cblr-1213	548	4	the	the	DET
cblr-1213	548	5	unintended	unintended	ADJ
cblr-1213	548	6	preferential	preferential	ADJ
cblr-1213	548	7	pricing	pricing	NOUN
cblr-1213	548	8	that	that	PRON
cblr-1213	548	9	funds	fund	NOUN
cblr-1213	548	10	may	may	AUX
cblr-1213	548	11	inadvertently	inadvertently	ADV
cblr-1213	548	12	give	give	VERB
cblr-1213	548	13	to	to	ADP
cblr-1213	548	14	active	active	ADJ
cblr-1213	548	15	,	,	PUNCT
cblr-1213	548	16	over	over	ADP
cblr-1213	548	17	sedentary	sedentary	ADJ
cblr-1213	548	18	,	,	PUNCT
cblr-1213	548	19	investors	investor	NOUN
cblr-1213	548	20	.	.	PUNCT
cblr-1213	549	1	experts	expert	NOUN
cblr-1213	549	2	debate	debate	VERB
cblr-1213	549	3	the	the	DET
cblr-1213	549	4	superiority	superiority	NOUN
cblr-1213	549	5	of	of	ADP
cblr-1213	549	6	certain	certain	ADJ
cblr-1213	549	7	investment	investment	NOUN
cblr-1213	549	8	strategies	strategy	NOUN
cblr-1213	549	9	and	and	CCONJ
cblr-1213	549	10	approaches	approach	NOUN
cblr-1213	549	11	,	,	PUNCT
cblr-1213	549	12	but	but	CCONJ
cblr-1213	549	13	there	there	PRON
cblr-1213	549	14	is	be	VERB
cblr-1213	549	15	evidence	evidence	NOUN
cblr-1213	549	16	and	and	CCONJ
cblr-1213	549	17	agreement	agreement	NOUN
cblr-1213	549	18	on	on	ADP
cblr-1213	549	19	the	the	DET
cblr-1213	549	20	eroding	eroding	ADJ
cblr-1213	549	21	effects	effect	NOUN
cblr-1213	549	22	of	of	ADP
cblr-1213	549	23	fees	fee	NOUN
cblr-1213	549	24	on	on	ADP
cblr-1213	549	25	investment	investment	NOUN
cblr-1213	549	26	returns.167	returns.167	NOUN
cblr-1213	549	27	the	the	DET
cblr-1213	549	28	individual	individual	ADJ
cblr-1213	549	29	transaction	transaction	NOUN
cblr-1213	549	30	costs	cost	NOUN
cblr-1213	549	31	shifted	shift	VERB
cblr-1213	549	32	from	from	ADP
cblr-1213	549	33	triggering	trigger	VERB
cblr-1213	549	34	,	,	PUNCT
cblr-1213	549	35	active	active	ADJ
cblr-1213	549	36	mutual	mutual	ADJ
cblr-1213	549	37	fund	fund	NOUN
cblr-1213	549	38	shareholders	shareholder	NOUN
cblr-1213	549	39	to	to	ADP
cblr-1213	549	40	sedentary	sedentary	ADJ
cblr-1213	549	41	,	,	PUNCT
cblr-1213	549	42	long	long	ADJ
cblr-1213	549	43	-	-	PUNCT
cblr-1213	549	44	term	term	NOUN
cblr-1213	549	45	mutual	mutual	ADJ
cblr-1213	549	46	fund	fund	NOUN
cblr-1213	549	47	shareholders	shareholder	NOUN
cblr-1213	549	48	is	be	AUX
cblr-1213	549	49	small	small	ADJ
cblr-1213	549	50	compared	compare	VERB
cblr-1213	549	51	to	to	ADP
cblr-1213	549	52	mutual	mutual	ADJ
cblr-1213	549	53	fund	fund	NOUN
cblr-1213	549	54	assets	asset	NOUN
cblr-1213	549	55	as	as	ADP
cblr-1213	549	56	a	a	DET
cblr-1213	549	57	whole	whole	NOUN
cblr-1213	549	58	,	,	PUNCT
cblr-1213	549	59	and	and	CCONJ
cblr-1213	549	60	even	even	ADV
cblr-1213	549	61	the	the	DET
cblr-1213	549	62	assets	asset	NOUN
cblr-1213	549	63	of	of	ADP
cblr-1213	549	64	individual	individual	ADJ
cblr-1213	549	65	investors	investor	NOUN
cblr-1213	549	66	.	.	PUNCT
cblr-1213	550	1	the	the	DET
cblr-1213	550	2	collective	collective	ADJ
cblr-1213	550	3	transaction	transaction	NOUN
cblr-1213	550	4	costs	cost	NOUN
cblr-1213	550	5	,	,	PUNCT
cblr-1213	550	6	especially	especially	ADV
cblr-1213	550	7	when	when	SCONJ
cblr-1213	550	8	applied	apply	VERB
cblr-1213	550	9	to	to	ADP
cblr-1213	550	10	sedentary	sedentary	ADJ
cblr-1213	550	11	shareholders	shareholder	NOUN
cblr-1213	550	12	investing	invest	VERB
cblr-1213	550	13	in	in	ADP
cblr-1213	550	14	a	a	DET
cblr-1213	550	15	single	single	ADJ
cblr-1213	550	16	fund	fund	NOUN
cblr-1213	550	17	over	over	ADP
cblr-1213	550	18	an	an	DET
cblr-1213	550	19	extended	extended	ADJ
cblr-1213	550	20	period	period	NOUN
cblr-1213	550	21	,	,	PUNCT
cblr-1213	550	22	is	be	AUX
cblr-1213	550	23	significant	significant	ADJ
cblr-1213	550	24	in	in	ADP
cblr-1213	550	25	absolute	absolute	ADJ
cblr-1213	550	26	terms.168	terms.168	NOUN
cblr-1213	550	27	a	a	DET
cblr-1213	550	28	2013	2013	NUM
cblr-1213	550	29	study	study	NOUN
cblr-1213	550	30	estimated	estimate	VERB
cblr-1213	550	31	that	that	SCONJ
cblr-1213	550	32	165	165	NUM
cblr-1213	550	33	alfi	alfi	NOUN
cblr-1213	550	34	2015	2015	NUM
cblr-1213	550	35	survey	survey	NOUN
cblr-1213	550	36	,	,	PUNCT
cblr-1213	550	37	supra	supra	PROPN
cblr-1213	550	38	note	note	NOUN
cblr-1213	550	39	58	58	NUM
cblr-1213	550	40	,	,	PUNCT
cblr-1213	550	41	at	at	ADP
cblr-1213	550	42	6	6	NUM
cblr-1213	550	43	.	.	SYM
cblr-1213	550	44	166	166	NUM
cblr-1213	550	45	see	see	VERB
cblr-1213	550	46	charted	charted	ADJ
cblr-1213	550	47	fin	fin	NOUN
cblr-1213	550	48	.	.	PUNCT
cblr-1213	551	1	analyst	analyst	NOUN
cblr-1213	551	2	inst	inst	PROPN
cblr-1213	551	3	.	.	PROPN
cblr-1213	551	4	,	,	PUNCT
cblr-1213	551	5	comments	comment	NOUN
cblr-1213	551	6	letter	letter	VERB
cblr-1213	551	7	on	on	ADP
cblr-1213	551	8	swing	swing	NOUN
cblr-1213	551	9	pricing	pricing	NOUN
cblr-1213	551	10	,	,	PUNCT
cblr-1213	551	11	(	(	PUNCT
cblr-1213	551	12	jan	jan	PROPN
cblr-1213	551	13	.	.	PROPN
cblr-1213	551	14	12	12	NUM
cblr-1213	551	15	,	,	PUNCT
cblr-1213	551	16	2016	2016	NUM
cblr-1213	551	17	)	)	PUNCT
cblr-1213	551	18	,	,	PUNCT
cblr-1213	551	19	https://www.sec.gov/comments/s7-16-15/s71615-34.pdf	https://www.sec.gov/comments/s7-16-15/s71615-34.pdf	PROPN
cblr-1213	551	20	[	[	X
cblr-1213	551	21	perma.cc/	perma.cc/	NOUN
cblr-1213	551	22	q874	q874	PROPN
cblr-1213	551	23	-	-	PUNCT
cblr-1213	551	24	6bkw	6bkw	PROPN
cblr-1213	551	25	]	]	PUNCT
cblr-1213	551	26	(	(	PUNCT
cblr-1213	551	27	“	"	PUNCT
cblr-1213	551	28	we	we	PRON
cblr-1213	551	29	generally	generally	ADV
cblr-1213	551	30	support	support	VERB
cblr-1213	551	31	giving	give	VERB
cblr-1213	551	32	funds	fund	NOUN
cblr-1213	551	33	the	the	DET
cblr-1213	551	34	option	option	NOUN
cblr-1213	551	35	to	to	PART
cblr-1213	551	36	use	use	VERB
cblr-1213	551	37	swing	swing	NOUN
cblr-1213	551	38	pricing	pricing	NOUN
cblr-1213	551	39	as	as	ADP
cblr-1213	551	40	a	a	DET
cblr-1213	551	41	way	way	NOUN
cblr-1213	551	42	to	to	PART
cblr-1213	551	43	mitigate	mitigate	VERB
cblr-1213	551	44	the	the	DET
cblr-1213	551	45	dilution	dilution	NOUN
cblr-1213	551	46	of	of	ADP
cblr-1213	551	47	share	share	NOUN
cblr-1213	551	48	value	value	NOUN
cblr-1213	551	49	for	for	ADP
cblr-1213	551	50	fund	fund	NOUN
cblr-1213	551	51	shareowners	shareowner	NOUN
cblr-1213	551	52	as	as	ADP
cblr-1213	551	53	a	a	DET
cblr-1213	551	54	result	result	NOUN
cblr-1213	551	55	of	of	ADP
cblr-1213	551	56	transaction	transaction	NOUN
cblr-1213	551	57	costs	cost	NOUN
cblr-1213	551	58	related	relate	VERB
cblr-1213	551	59	to	to	ADP
cblr-1213	551	60	purchases	purchase	NOUN
cblr-1213	551	61	and	and	CCONJ
cblr-1213	551	62	redemptions	redemption	NOUN
cblr-1213	551	63	.	.	PUNCT
cblr-1213	551	64	”	"	PUNCT
cblr-1213	551	65	)	)	PUNCT
cblr-1213	551	66	.	.	PUNCT
cblr-1213	552	1	167	167	NUM
cblr-1213	552	2	see	see	VERB
cblr-1213	552	3	e.g.	e.g.	ADV
cblr-1213	552	4	,	,	PUNCT
cblr-1213	552	5	investor	investor	NOUN
cblr-1213	552	6	bulletin	bulletin	NOUN
cblr-1213	552	7	:	:	PUNCT
cblr-1213	552	8	mutual	mutual	ADJ
cblr-1213	552	9	fund	fund	NOUN
cblr-1213	552	10	fees	fee	NOUN
cblr-1213	552	11	and	and	CCONJ
cblr-1213	552	12	expenses	expense	NOUN
cblr-1213	552	13	,	,	PUNCT
cblr-1213	552	14	sec	sec	PROPN
cblr-1213	552	15	(	(	PUNCT
cblr-1213	552	16	may	may	PROPN
cblr-1213	552	17	12	12	NUM
cblr-1213	552	18	,	,	PUNCT
cblr-1213	552	19	2014	2014	NUM
cblr-1213	552	20	)	)	PUNCT
cblr-1213	552	21	,	,	PUNCT
cblr-1213	552	22	https://www.sec.gov/files/ib_mutualfundfees.pdf	https://www.sec.gov/files/ib_mutualfundfees.pdf	NOUN
cblr-1213	552	23	[	[	X
cblr-1213	552	24	perma.cc/p3gk-cb6c	perma.cc/p3gk-cb6c	X
cblr-1213	552	25	]	]	X
cblr-1213	552	26	(	(	PUNCT
cblr-1213	552	27	“	"	PUNCT
cblr-1213	552	28	the	the	PRON
cblr-1213	552	29	more	more	ADV
cblr-1213	552	30	you	you	PRON
cblr-1213	552	31	pay	pay	VERB
cblr-1213	552	32	in	in	ADP
cblr-1213	552	33	fees	fee	NOUN
cblr-1213	552	34	and	and	CCONJ
cblr-1213	552	35	expenses	expense	NOUN
cblr-1213	552	36	,	,	PUNCT
cblr-1213	552	37	the	the	DET
cblr-1213	552	38	less	less	ADJ
cblr-1213	552	39	money	money	NOUN
cblr-1213	552	40	you	you	PRON
cblr-1213	552	41	will	will	AUX
cblr-1213	552	42	have	have	VERB
cblr-1213	552	43	in	in	ADP
cblr-1213	552	44	your	your	PRON
cblr-1213	552	45	investment	investment	NOUN
cblr-1213	552	46	portfolios	portfolio	NOUN
cblr-1213	552	47	,	,	PUNCT
cblr-1213	552	48	and	and	CCONJ
cblr-1213	552	49	these	these	DET
cblr-1213	552	50	fees	fee	NOUN
cblr-1213	552	51	and	and	CCONJ
cblr-1213	552	52	expenses	expense	NOUN
cblr-1213	552	53	really	really	ADV
cblr-1213	552	54	add	add	VERB
cblr-1213	552	55	up	up	ADP
cblr-1213	552	56	over	over	ADP
cblr-1213	552	57	time	time	NOUN
cblr-1213	552	58	.	.	PUNCT
cblr-1213	553	1	given	give	VERB
cblr-1213	553	2	the	the	DET
cblr-1213	553	3	compounding	compounding	NOUN
cblr-1213	553	4	effect	effect	NOUN
cblr-1213	553	5	of	of	ADP
cblr-1213	553	6	fund	fund	NOUN
cblr-1213	553	7	fees	fee	NOUN
cblr-1213	553	8	and	and	CCONJ
cblr-1213	553	9	expenses	expense	NOUN
cblr-1213	553	10	and	and	CCONJ
cblr-1213	553	11	their	their	PRON
cblr-1213	553	12	impact	impact	NOUN
cblr-1213	553	13	on	on	ADP
cblr-1213	553	14	your	your	PRON
cblr-1213	553	15	investment	investment	NOUN
cblr-1213	553	16	returns	return	NOUN
cblr-1213	553	17	,	,	PUNCT
cblr-1213	553	18	you	you	PRON
cblr-1213	553	19	may	may	AUX
cblr-1213	553	20	want	want	VERB
cblr-1213	553	21	to	to	PART
cblr-1213	553	22	use	use	VERB
cblr-1213	553	23	a	a	DET
cblr-1213	553	24	mutual	mutual	ADJ
cblr-1213	553	25	fund	fund	NOUN
cblr-1213	553	26	cost	cost	NOUN
cblr-1213	553	27	calculation	calculation	NOUN
cblr-1213	553	28	to	to	PART
cblr-1213	553	29	compute	compute	VERB
cblr-1213	553	30	how	how	SCONJ
cblr-1213	553	31	the	the	DET
cblr-1213	553	32	costs	cost	NOUN
cblr-1213	553	33	of	of	ADP
cblr-1213	553	34	different	different	ADJ
cblr-1213	553	35	mutual	mutual	ADJ
cblr-1213	553	36	funds	fund	NOUN
cblr-1213	553	37	would	would	AUX
cblr-1213	553	38	add	add	VERB
cblr-1213	553	39	up	up	ADP
cblr-1213	553	40	over	over	ADP
cblr-1213	553	41	time	time	NOUN
cblr-1213	553	42	.	.	PUNCT
cblr-1213	553	43	”	"	PUNCT
cblr-1213	553	44	)	)	PUNCT
cblr-1213	553	45	.	.	PUNCT
cblr-1213	554	1	168	168	NUM
cblr-1213	554	2	high	high	ADJ
cblr-1213	554	3	mutual	mutual	ADJ
cblr-1213	554	4	fund	fund	NOUN
cblr-1213	554	5	fees	fee	NOUN
cblr-1213	554	6	can	can	AUX
cblr-1213	554	7	consume	consume	VERB
cblr-1213	554	8	up	up	ADP
cblr-1213	554	9	to	to	PART
cblr-1213	554	10	thirty	thirty	NUM
cblr-1213	554	11	percent	percent	NOUN
cblr-1213	554	12	of	of	ADP
cblr-1213	554	13	an	an	DET
cblr-1213	554	14	investor	investor	NOUN
cblr-1213	554	15	’s	’s	PART
cblr-1213	554	16	return	return	NOUN
cblr-1213	554	17	on	on	ADP
cblr-1213	554	18	a	a	DET
cblr-1213	554	19	thirty	thirty	NUM
cblr-1213	554	20	-	-	PUNCT
cblr-1213	554	21	year	year	NOUN
cblr-1213	554	22	investment	investment	NOUN
cblr-1213	554	23	,	,	PUNCT
cblr-1213	554	24	and	and	CCONJ
cblr-1213	554	25	liquidity	liquidity	NOUN
cblr-1213	554	26	fees	fee	NOUN
cblr-1213	554	27	contribute	contribute	VERB
cblr-1213	554	28	to	to	ADP
cblr-1213	554	29	the	the	DET
cblr-1213	554	30	erosion	erosion	NOUN
cblr-1213	554	31	of	of	ADP
cblr-1213	554	32	investor	investor	NOUN
cblr-1213	554	33	returns	return	NOUN
cblr-1213	554	34	.	.	PUNCT
cblr-1213	555	1	liquidity	liquidity	NOUN
cblr-1213	555	2	fees	fee	NOUN
cblr-1213	555	3	are	be	AUX
cblr-1213	555	4	relatively	relatively	ADV
cblr-1213	555	5	low	low	ADJ
cblr-1213	555	6	in	in	ADP
cblr-1213	555	7	comparison	comparison	NOUN
cblr-1213	555	8	with	with	ADP
cblr-1213	555	9	fees	fee	NOUN
cblr-1213	555	10	charged	charge	VERB
cblr-1213	555	11	by	by	ADP
cblr-1213	555	12	mutual	mutual	ADJ
cblr-1213	555	13	funds	fund	NOUN
cblr-1213	555	14	,	,	PUNCT
cblr-1213	555	15	but	but	CCONJ
cblr-1213	555	16	in	in	ADP
cblr-1213	555	17	absolute	absolute	ADJ
cblr-1213	555	18	terms	term	NOUN
cblr-1213	555	19	,	,	PUNCT
cblr-1213	555	20	liquidity	liquidity	NOUN
cblr-1213	555	21	transaction	transaction	NOUN
cblr-1213	555	22	costs	cost	NOUN
cblr-1213	555	23	extract	extract	VERB
cblr-1213	555	24	real	real	ADJ
cblr-1213	555	25	costs	cost	NOUN
cblr-1213	555	26	from	from	ADP
cblr-1213	555	27	sedentary	sedentary	ADJ
cblr-1213	555	28	investors	investor	NOUN
cblr-1213	555	29	.	.	PUNCT
cblr-1213	556	1	see	see	VERB
cblr-1213	556	2	e.g.	e.g.	ADV
cblr-1213	556	3	,	,	PUNCT
cblr-1213	556	4	susanna	susanna	PROPN
cblr-1213	556	5	kim	kim	PROPN
cblr-1213	556	6	,	,	PUNCT
cblr-1213	556	7	401(k	401(k	PROPN
cblr-1213	556	8	)	)	PUNCT
cblr-1213	556	9	fees	fee	NOUN
cblr-1213	556	10	may	may	AUX
cblr-1213	556	11	cut	cut	VERB
cblr-1213	556	12	30	30	NUM
cblr-1213	556	13	%	%	NOUN
cblr-1213	556	14	from	from	ADP
cblr-1213	556	15	retirement	retirement	NOUN
cblr-1213	556	16	balance	balance	NOUN
cblr-1213	556	17	,	,	PUNCT
cblr-1213	556	18	abc	abc	PROPN
cblr-1213	556	19	news	news	VERB
cblr-1213	556	20	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	556	21	166	166	NUM
cblr-1213	556	22	columbia	columbia	PROPN
cblr-1213	556	23	business	business	NOUN
cblr-1213	556	24	law	law	PROPN
cblr-1213	556	25	review	review	NOUN
cblr-1213	556	26	[	[	X
cblr-1213	556	27	vol	vol	NOUN
cblr-1213	556	28	.	.	NOUN
cblr-1213	556	29	2018	2018	NUM
cblr-1213	556	30	sedentary	sedentary	ADJ
cblr-1213	556	31	mutual	mutual	ADJ
cblr-1213	556	32	fund	fund	NOUN
cblr-1213	556	33	investors	investor	NOUN
cblr-1213	556	34	absorbed	absorb	VERB
cblr-1213	556	35	trading	trading	NOUN
cblr-1213	556	36	and	and	CCONJ
cblr-1213	556	37	liquidity	liquidity	NOUN
cblr-1213	556	38	costs	cost	NOUN
cblr-1213	556	39	of	of	ADP
cblr-1213	556	40	$	$	SYM
cblr-1213	556	41	10–17	10–17	NUM
cblr-1213	556	42	billon.169	billon.169	ADP
cblr-1213	556	43	additional	additional	ADJ
cblr-1213	556	44	studies	study	NOUN
cblr-1213	556	45	estimated	estimate	VERB
cblr-1213	556	46	the	the	DET
cblr-1213	556	47	trading	trading	NOUN
cblr-1213	556	48	costs	cost	NOUN
cblr-1213	556	49	reduced	reduce	VERB
cblr-1213	556	50	annual	annual	ADJ
cblr-1213	556	51	returns	return	NOUN
cblr-1213	556	52	“	"	PUNCT
cblr-1213	556	53	of	of	ADP
cblr-1213	556	54	actively	actively	ADV
cblr-1213	556	55	managed	manage	VERB
cblr-1213	556	56	u.s	u.s	PROPN
cblr-1213	556	57	.	.	PROPN
cblr-1213	556	58	,	,	PUNCT
cblr-1213	556	59	international	international	ADJ
cblr-1213	556	60	and	and	CCONJ
cblr-1213	556	61	global	global	ADJ
cblr-1213	556	62	equity	equity	NOUN
cblr-1213	556	63	mutual	mutual	ADJ
cblr-1213	556	64	funds	fund	NOUN
cblr-1213	556	65	by	by	ADP
cblr-1213	556	66	an	an	DET
cblr-1213	556	67	average	average	NOUN
cblr-1213	556	68	of	of	ADP
cblr-1213	556	69	26	26	NUM
cblr-1213	556	70	basis	basis	NOUN
cblr-1213	556	71	points	point	NOUN
cblr-1213	556	72	on	on	ADP
cblr-1213	556	73	an	an	DET
cblr-1213	556	74	equal	equal	ADV
cblr-1213	556	75	-	-	PUNCT
cblr-1213	556	76	weighted	weight	VERB
cblr-1213	556	77	basis	basis	NOUN
cblr-1213	556	78	and	and	CCONJ
cblr-1213	556	79	20	20	NUM
cblr-1213	556	80	basis	basis	NOUN
cblr-1213	556	81	points	point	NOUN
cblr-1213	556	82	asset	asset	NOUN
cblr-1213	556	83	-	-	PUNCT
cblr-1213	556	84	weighted	weight	VERB
cblr-1213	556	85	over	over	ADP
cblr-1213	556	86	the	the	DET
cblr-1213	556	87	2007	2007	NUM
cblr-1213	556	88	to	to	ADP
cblr-1213	556	89	2013	2013	NUM
cblr-1213	556	90	period	period	NOUN
cblr-1213	556	91	.	.	PUNCT
cblr-1213	556	92	”170	”170	PUNCT
cblr-1213	557	1	mutual	mutual	ADJ
cblr-1213	557	2	fund	fund	NOUN
cblr-1213	557	3	investors	investor	NOUN
cblr-1213	557	4	entering	enter	VERB
cblr-1213	557	5	through	through	ADP
cblr-1213	557	6	a	a	DET
cblr-1213	557	7	retirement	retirement	NOUN
cblr-1213	557	8	savings	saving	NOUN
cblr-1213	557	9	plan	plan	NOUN
cblr-1213	557	10	—	—	PUNCT
cblr-1213	557	11	such	such	ADJ
cblr-1213	557	12	as	as	ADP
cblr-1213	557	13	a	a	DET
cblr-1213	557	14	401(k)—are	401(k)—are	NOUN
cblr-1213	557	15	among	among	ADP
cblr-1213	557	16	the	the	DET
cblr-1213	557	17	investors	investor	NOUN
cblr-1213	557	18	likely	likely	ADJ
cblr-1213	557	19	to	to	PART
cblr-1213	557	20	bear	bear	VERB
cblr-1213	557	21	the	the	DET
cblr-1213	557	22	residual	residual	ADJ
cblr-1213	557	23	transaction	transaction	NOUN
cblr-1213	557	24	costs	cost	NOUN
cblr-1213	557	25	if	if	SCONJ
cblr-1213	557	26	unmitigated	unmitigate	VERB
cblr-1213	557	27	by	by	ADP
cblr-1213	557	28	swing	swing	NOUN
cblr-1213	557	29	pricing.171	pricing.171	ADV
cblr-1213	557	30	in	in	ADP
cblr-1213	557	31	addition	addition	NOUN
cblr-1213	557	32	to	to	ADP
cblr-1213	557	33	preventing	prevent	VERB
cblr-1213	557	34	an	an	DET
cblr-1213	557	35	undue	undue	ADJ
cblr-1213	557	36	advantage	advantage	NOUN
cblr-1213	557	37	to	to	ADP
cblr-1213	557	38	active	active	ADJ
cblr-1213	557	39	mutual	mutual	ADJ
cblr-1213	557	40	fund	fund	NOUN
cblr-1213	557	41	shareholders	shareholder	NOUN
cblr-1213	557	42	,	,	PUNCT
cblr-1213	557	43	swing	swing	NOUN
cblr-1213	557	44	pricing	pricing	NOUN
cblr-1213	557	45	may	may	AUX
cblr-1213	557	46	positively	positively	ADV
cblr-1213	557	47	affect	affect	VERB
cblr-1213	557	48	mutual	mutual	ADJ
cblr-1213	557	49	fund	fund	NOUN
cblr-1213	557	50	shareholder	shareholder	NOUN
cblr-1213	557	51	returns	return	NOUN
cblr-1213	557	52	and	and	CCONJ
cblr-1213	557	53	correlated	correlate	VERB
cblr-1213	557	54	fund	fund	NOUN
cblr-1213	557	55	manager	manager	NOUN
cblr-1213	557	56	compensation.172	compensation.172	NOUN
cblr-1213	557	57	the	the	DET
cblr-1213	557	58	2015	2015	NUM
cblr-1213	557	59	alfi	alfi	NOUN
cblr-1213	557	60	survey	survey	NOUN
cblr-1213	557	61	demonstrated	demonstrate	VERB
cblr-1213	557	62	(	(	PUNCT
cblr-1213	557	63	may	may	PROPN
cblr-1213	557	64	30	30	NUM
cblr-1213	557	65	,	,	PUNCT
cblr-1213	557	66	2012	2012	NUM
cblr-1213	557	67	)	)	PUNCT
cblr-1213	557	68	,	,	PUNCT
cblr-1213	558	1	http://www.demos.org/news/401k-fees-may-cut-30-retirement-balance	http://www.demos.org/news/401k-fees-may-cut-30-retirement-balance	NOUN
cblr-1213	558	2	[	[	X
cblr-1213	558	3	perma.cc/3qup-xlgn	perma.cc/3qup-xlgn	NOUN
cblr-1213	558	4	]	]	X
cblr-1213	558	5	(	(	PUNCT
cblr-1213	558	6	reporting	report	VERB
cblr-1213	558	7	that	that	SCONJ
cblr-1213	558	8	average	average	ADJ
cblr-1213	558	9	401(k	401(k	PROPN
cblr-1213	558	10	)	)	PUNCT
cblr-1213	558	11	fees	fee	NOUN
cblr-1213	558	12	can	can	AUX
cblr-1213	558	13	consume	consume	VERB
cblr-1213	558	14	thirty	thirty	NUM
cblr-1213	558	15	percent	percent	NOUN
cblr-1213	558	16	of	of	ADP
cblr-1213	558	17	retirement	retirement	NOUN
cblr-1213	558	18	savings	saving	NOUN
cblr-1213	558	19	)	)	PUNCT
cblr-1213	558	20	;	;	PUNCT
cblr-1213	558	21	see	see	VERB
cblr-1213	558	22	also	also	ADV
cblr-1213	558	23	tucker	tucker	PROPN
cblr-1213	558	24	,	,	PUNCT
cblr-1213	558	25	supra	supra	PROPN
cblr-1213	558	26	note	note	PROPN
cblr-1213	558	27	65	65	NUM
cblr-1213	558	28	,	,	PUNCT
cblr-1213	558	29	at	at	ADP
cblr-1213	558	30	181	181	NUM
cblr-1213	558	31	.	.	NOUN
cblr-1213	558	32	169	169	NUM
cblr-1213	558	33	miles	mile	NOUN
cblr-1213	558	34	livingston	livingston	PROPN
cblr-1213	558	35	&	&	CCONJ
cblr-1213	558	36	david	david	PROPN
cblr-1213	558	37	rakowski	rakowski	PROPN
cblr-1213	558	38	,	,	PUNCT
cblr-1213	558	39	mutual	mutual	ADJ
cblr-1213	558	40	fund	fund	NOUN
cblr-1213	558	41	liquidity	liquidity	NOUN
cblr-1213	558	42	and	and	CCONJ
cblr-1213	558	43	conflicts	conflict	NOUN
cblr-1213	558	44	of	of	ADP
cblr-1213	558	45	interest	interest	NOUN
cblr-1213	558	46	,	,	PUNCT
cblr-1213	558	47	23	23	NUM
cblr-1213	558	48	j.	j.	PROPN
cblr-1213	558	49	applied	apply	VERB
cblr-1213	558	50	fin	fin	NOUN
cblr-1213	558	51	.	.	PUNCT
cblr-1213	559	1	95	95	NUM
cblr-1213	559	2	,	,	PUNCT
cblr-1213	559	3	97–103	97–103	NUM
cblr-1213	559	4	(	(	PUNCT
cblr-1213	559	5	2013	2013	NUM
cblr-1213	559	6	)	)	PUNCT
cblr-1213	559	7	;	;	PUNCT
cblr-1213	559	8	see	see	VERB
cblr-1213	559	9	also	also	ADV
cblr-1213	559	10	tucker	tucker	PROPN
cblr-1213	559	11	,	,	PUNCT
cblr-1213	559	12	supra	supra	PROPN
cblr-1213	559	13	note	note	PROPN
cblr-1213	559	14	65	65	NUM
cblr-1213	559	15	,	,	PUNCT
cblr-1213	559	16	at	at	ADP
cblr-1213	559	17	179	179	NUM
cblr-1213	559	18	.	.	PUNCT
cblr-1213	560	1	2016	2016	NUM
cblr-1213	560	2	sec	sec	PROPN
cblr-1213	560	3	comments	comment	NOUN
cblr-1213	560	4	from	from	ADP
cblr-1213	560	5	the	the	DET
cblr-1213	560	6	same	same	ADJ
cblr-1213	560	7	sources	source	NOUN
cblr-1213	560	8	estimated	estimate	VERB
cblr-1213	560	9	the	the	DET
cblr-1213	560	10	dilution	dilution	NOUN
cblr-1213	560	11	costs	cost	NOUN
cblr-1213	560	12	at	at	ADP
cblr-1213	560	13	$	$	SYM
cblr-1213	560	14	20	20	NUM
cblr-1213	560	15	billion	billion	NUM
cblr-1213	560	16	annually	annually	ADV
cblr-1213	560	17	.	.	PUNCT
cblr-1213	561	1	seymour	seymour	PROPN
cblr-1213	561	2	sacks	sacks	PROPN
cblr-1213	561	3	,	,	PUNCT
cblr-1213	561	4	sacks	sack	NOUN
cblr-1213	561	5	equalization	equalization	NOUN
cblr-1213	561	6	model	model	PROPN
cblr-1213	561	7	,	,	PUNCT
cblr-1213	561	8	inc	inc	PROPN
cblr-1213	561	9	.	.	PROPN
cblr-1213	561	10	,	,	PUNCT
cblr-1213	561	11	comment	comment	NOUN
cblr-1213	561	12	letter	letter	NOUN
cblr-1213	561	13	on	on	ADP
cblr-1213	561	14	swing	swing	NOUN
cblr-1213	561	15	pricing	pricing	NOUN
cblr-1213	561	16	(	(	PUNCT
cblr-1213	561	17	nov	nov	PROPN
cblr-1213	561	18	.	.	PROPN
cblr-1213	561	19	20	20	NUM
cblr-1213	561	20	,	,	PUNCT
cblr-1213	561	21	2015	2015	NUM
cblr-1213	561	22	)	)	PUNCT
cblr-1213	561	23	,	,	PUNCT
cblr-1213	561	24	https://www.sec.gov/comments/s7-16-15/s71615-19.pdf	https://www.sec.gov/comments/s7-16-15/s71615-19.pdf	NOUN
cblr-1213	561	25	[	[	X
cblr-1213	561	26	perma.cc/9a6lcj2q	perma.cc/9a6lcj2q	PROPN
cblr-1213	561	27	]	]	X
cblr-1213	561	28	(	(	PUNCT
cblr-1213	561	29	estimating	estimate	VERB
cblr-1213	561	30	“	"	PUNCT
cblr-1213	561	31	that	that	SCONJ
cblr-1213	561	32	this	this	DET
cblr-1213	561	33	trading	trading	NOUN
cblr-1213	561	34	activity	activity	NOUN
cblr-1213	561	35	fees	fee	NOUN
cblr-1213	561	36	and	and	CCONJ
cblr-1213	561	37	including	include	VERB
cblr-1213	561	38	market	market	NOUN
cblr-1213	561	39	impact	impact	NOUN
cblr-1213	561	40	costs	cost	NOUN
cblr-1213	561	41	,	,	PUNCT
cblr-1213	561	42	are	be	AUX
cblr-1213	561	43	costing	cost	VERB
cblr-1213	561	44	existing	exist	VERB
cblr-1213	561	45	shareholders	shareholder	NOUN
cblr-1213	561	46	an	an	DET
cblr-1213	561	47	estimated	estimated	ADJ
cblr-1213	561	48	total	total	NOUN
cblr-1213	561	49	of	of	ADP
cblr-1213	561	50	$	$	SYM
cblr-1213	561	51	20	20	NUM
cblr-1213	561	52	billion	billion	NUM
cblr-1213	561	53	a	a	DET
cblr-1213	561	54	year	year	NOUN
cblr-1213	561	55	”	"	PUNCT
cblr-1213	561	56	)	)	PUNCT
cblr-1213	561	57	.	.	PUNCT
cblr-1213	562	1	170	170	NUM
cblr-1213	562	2	eaton	eaton	PROPN
cblr-1213	562	3	vance	vance	PROPN
cblr-1213	562	4	inv	inv	PROPN
cblr-1213	562	5	.	.	PUNCT
cblr-1213	563	1	advisors	advisor	NOUN
cblr-1213	563	2	,	,	PUNCT
cblr-1213	563	3	comment	comment	NOUN
cblr-1213	563	4	letter	letter	NOUN
cblr-1213	563	5	on	on	ADP
cblr-1213	563	6	swing	swing	NOUN
cblr-1213	563	7	pricing	pricing	NOUN
cblr-1213	563	8	(	(	PUNCT
cblr-1213	563	9	june	june	PROPN
cblr-1213	563	10	13	13	NUM
cblr-1213	563	11	,	,	PUNCT
cblr-1213	563	12	2016	2016	NUM
cblr-1213	563	13	)	)	PUNCT
cblr-1213	563	14	https://www.sec.gov/comments/s7-16-15/s71615-151.pdf	https://www.sec.gov/comments/s7-16-15/s71615-151.pdf	PROPN
cblr-1213	563	15	[	[	X
cblr-1213	563	16	perma.cc/rcx3-myl	perma.cc/rcx3-myl	NOUN
cblr-1213	563	17	]	]	X
cblr-1213	563	18	;	;	PUNCT
cblr-1213	563	19	see	see	VERB
cblr-1213	563	20	also	also	ADV
cblr-1213	563	21	swaffield	swaffield	VERB
cblr-1213	563	22	,	,	PUNCT
cblr-1213	563	23	comment	comment	NOUN
cblr-1213	563	24	letter	letter	NOUN
cblr-1213	563	25	on	on	ADP
cblr-1213	563	26	swing	swing	NOUN
cblr-1213	563	27	pricing	price	VERB
cblr-1213	563	28	8–9	8–9	PROPN
cblr-1213	563	29	(	(	PUNCT
cblr-1213	563	30	jan	jan	PROPN
cblr-1213	563	31	.	.	PROPN
cblr-1213	563	32	13	13	NUM
cblr-1213	563	33	,	,	PUNCT
cblr-1213	563	34	2016	2016	NUM
cblr-1213	563	35	)	)	PUNCT
cblr-1213	563	36	.	.	PUNCT
cblr-1213	564	1	171	171	NUM
cblr-1213	564	2	retirement	retirement	NOUN
cblr-1213	564	3	investors	investor	NOUN
cblr-1213	564	4	entering	enter	VERB
cblr-1213	564	5	through	through	ADP
cblr-1213	564	6	plans	plan	NOUN
cblr-1213	564	7	such	such	ADJ
cblr-1213	564	8	as	as	ADP
cblr-1213	564	9	401(k	401(k	NOUN
cblr-1213	564	10	)	)	PUNCT
cblr-1213	564	11	have	have	VERB
cblr-1213	564	12	limited	limit	VERB
cblr-1213	564	13	exit	exit	NOUN
cblr-1213	564	14	options	option	NOUN
cblr-1213	564	15	because	because	SCONJ
cblr-1213	564	16	they	they	PRON
cblr-1213	564	17	“	"	PUNCT
cblr-1213	564	18	are	be	AUX
cblr-1213	564	19	likely	likely	ADJ
cblr-1213	564	20	to	to	PART
cblr-1213	564	21	be	be	AUX
cblr-1213	564	22	low	low	ADJ
cblr-1213	564	23	-	-	PUNCT
cblr-1213	564	24	dollar	dollar	NOUN
cblr-1213	564	25	(	(	PUNCT
cblr-1213	564	26	due	due	ADP
cblr-1213	564	27	to	to	ADP
cblr-1213	564	28	contribution	contribution	NOUN
cblr-1213	564	29	limits	limit	NOUN
cblr-1213	564	30	)	)	PUNCT
cblr-1213	564	31	;	;	PUNCT
cblr-1213	564	32	long	long	ADJ
cblr-1213	564	33	-	-	PUNCT
cblr-1213	564	34	term	term	NOUN
cblr-1213	564	35	(	(	PUNCT
cblr-1213	564	36	due	due	ADP
cblr-1213	564	37	to	to	ADP
cblr-1213	564	38	tax	tax	NOUN
cblr-1213	564	39	penalties	penalty	NOUN
cblr-1213	564	40	on	on	ADP
cblr-1213	564	41	preretirement	preretirement	ADJ
cblr-1213	564	42	-	-	PUNCT
cblr-1213	564	43	age	age	NOUN
cblr-1213	564	44	withdrawals	withdrawal	NOUN
cblr-1213	564	45	)	)	PUNCT
cblr-1213	564	46	;	;	PUNCT
cblr-1213	564	47	and	and	CCONJ
cblr-1213	564	48	unsophisticated	unsophisticated	ADJ
cblr-1213	564	49	in	in	ADP
cblr-1213	564	50	account	account	NOUN
cblr-1213	564	51	allocation	allocation	NOUN
cblr-1213	564	52	strategies	strategy	NOUN
cblr-1213	564	53	and	and	CCONJ
cblr-1213	564	54	management	management	NOUN
cblr-1213	564	55	.	.	PUNCT
cblr-1213	564	56	”	"	PUNCT
cblr-1213	565	1	tucker	tucker	PROPN
cblr-1213	565	2	supra	supra	PROPN
cblr-1213	565	3	note	note	PROPN
cblr-1213	565	4	65	65	NUM
cblr-1213	565	5	,	,	PUNCT
cblr-1213	565	6	at	at	ADP
cblr-1213	565	7	164	164	NUM
cblr-1213	565	8	.	.	PUNCT
cblr-1213	566	1	see	see	VERB
cblr-1213	566	2	also	also	ADV
cblr-1213	566	3	i	i	PROPN
cblr-1213	566	4	d.	d.	PROPN
cblr-1213	566	5	at	at	ADP
cblr-1213	566	6	168–69	168–69	PROPN
cblr-1213	566	7	(	(	PUNCT
cblr-1213	566	8	discussing	discuss	VERB
cblr-1213	566	9	why	why	SCONJ
cblr-1213	566	10	retirement	retirement	NOUN
cblr-1213	566	11	investors	investor	NOUN
cblr-1213	566	12	are	be	AUX
cblr-1213	566	13	comparatively	comparatively	ADV
cblr-1213	566	14	“	"	PUNCT
cblr-1213	566	15	locked	lock	VERB
cblr-1213	566	16	in	in	ADP
cblr-1213	566	17	”	"	PUNCT
cblr-1213	566	18	or	or	CCONJ
cblr-1213	566	19	sedentary	sedentary	ADJ
cblr-1213	566	20	compared	compare	VERB
cblr-1213	566	21	with	with	ADP
cblr-1213	566	22	retail	retail	ADJ
cblr-1213	566	23	investors	investor	NOUN
cblr-1213	566	24	)	)	PUNCT
cblr-1213	566	25	.	.	PUNCT
cblr-1213	567	1	172	172	NUM
cblr-1213	567	2	cf	cf	NOUN
cblr-1213	567	3	.	.	PUNCT
cblr-1213	568	1	eaton	eaton	PROPN
cblr-1213	568	2	vance	vance	PROPN
cblr-1213	568	3	comment	comment	NOUN
cblr-1213	568	4	letter	letter	NOUN
cblr-1213	568	5	,	,	PUNCT
cblr-1213	568	6	supra	supra	PROPN
cblr-1213	568	7	note	note	NOUN
cblr-1213	568	8	170	170	NUM
cblr-1213	568	9	(	(	PUNCT
cblr-1213	568	10	disclaiming	disclaim	VERB
cblr-1213	568	11	the	the	DET
cblr-1213	568	12	net	net	ADJ
cblr-1213	568	13	benefits	benefit	NOUN
cblr-1213	568	14	of	of	ADP
cblr-1213	568	15	swing	swing	NOUN
cblr-1213	568	16	pricing	pricing	NOUN
cblr-1213	568	17	)	)	PUNCT
cblr-1213	568	18	.	.	PUNCT
cblr-1213	569	1	“	"	PUNCT
cblr-1213	569	2	[	[	X
cblr-1213	569	3	t]he	t]he	ADV
cblr-1213	569	4	aggregate	aggregate	ADJ
cblr-1213	569	5	returns	return	NOUN
cblr-1213	569	6	of	of	ADP
cblr-1213	569	7	fund	fund	NOUN
cblr-1213	569	8	shareholders	shareholder	NOUN
cblr-1213	569	9	,	,	PUNCT
cblr-1213	569	10	before	before	ADP
cblr-1213	569	11	expenses	expense	NOUN
cblr-1213	569	12	,	,	PUNCT
cblr-1213	569	13	are	be	AUX
cblr-1213	569	14	exactly	exactly	ADV
cblr-1213	569	15	the	the	DET
cblr-1213	569	16	same	same	ADJ
cblr-1213	569	17	whether	whether	SCONJ
cblr-1213	569	18	or	or	CCONJ
cblr-1213	569	19	not	not	PART
cblr-1213	569	20	a	a	DET
cblr-1213	569	21	fund	fund	NOUN
cblr-1213	569	22	uses	use	VERB
cblr-1213	569	23	swing	swing	NOUN
cblr-1213	569	24	pricing	pricing	NOUN
cblr-1213	569	25	.	.	PUNCT
cblr-1213	570	1	it	it	PRON
cblr-1213	570	2	’s	’	VERB
cblr-1213	570	3	a	a	DET
cblr-1213	570	4	zero	zero	NUM
cblr-1213	570	5	sum	sum	NOUN
cblr-1213	570	6	game	game	NOUN
cblr-1213	570	7	:	:	PUNCT
cblr-1213	570	8	the	the	DET
cblr-1213	570	9	observed	observed	ADJ
cblr-1213	570	10	improvement	improvement	NOUN
cblr-1213	570	11	in	in	ADP
cblr-1213	570	12	fund	fund	NOUN
cblr-1213	570	13	returns	return	NOUN
cblr-1213	570	14	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	571	1	no	no	NOUN
cblr-1213	571	2	.	.	PUNCT
cblr-1213	572	1	1:130	1:130	NUM
cblr-1213	572	2	]	]	X
cblr-1213	572	3	will	will	AUX
cblr-1213	572	4	swing	swing	VERB
cblr-1213	572	5	pricing	pricing	NOUN
cblr-1213	572	6	save	save	VERB
cblr-1213	572	7	sedentary	sedentary	ADJ
cblr-1213	572	8	shareholders	shareholder	NOUN
cblr-1213	572	9	?	?	PUNCT
cblr-1213	573	1	167	167	NUM
cblr-1213	573	2	swing	swing	NOUN
cblr-1213	573	3	pricing	pricing	NOUN
cblr-1213	573	4	’s	’	VERB
cblr-1213	573	5	positive	positive	ADJ
cblr-1213	573	6	effect	effect	NOUN
cblr-1213	573	7	on	on	ADP
cblr-1213	573	8	mutual	mutual	ADJ
cblr-1213	573	9	fund	fund	NOUN
cblr-1213	573	10	returns.173	returns.173	PROPN
cblr-1213	573	11	by	by	ADP
cblr-1213	573	12	shielding	shield	VERB
cblr-1213	573	13	the	the	DET
cblr-1213	573	14	fund	fund	NOUN
cblr-1213	573	15	,	,	PUNCT
cblr-1213	573	16	and	and	CCONJ
cblr-1213	573	17	therefore	therefore	ADV
cblr-1213	573	18	the	the	DET
cblr-1213	573	19	investors	investor	NOUN
cblr-1213	573	20	,	,	PUNCT
cblr-1213	573	21	from	from	ADP
cblr-1213	573	22	liquidity	liquidity	NOUN
cblr-1213	573	23	transaction	transaction	NOUN
cblr-1213	573	24	costs	cost	NOUN
cblr-1213	573	25	,	,	PUNCT
cblr-1213	573	26	the	the	DET
cblr-1213	573	27	fund	fund	NOUN
cblr-1213	573	28	retains	retain	VERB
cblr-1213	573	29	a	a	DET
cblr-1213	573	30	larger	large	ADJ
cblr-1213	573	31	asset	asset	NOUN
cblr-1213	573	32	pool	pool	NOUN
cblr-1213	573	33	,	,	PUNCT
cblr-1213	573	34	which	which	PRON
cblr-1213	573	35	in	in	ADP
cblr-1213	573	36	turn	turn	NOUN
cblr-1213	573	37	increases	increase	VERB
cblr-1213	573	38	nav	nav	PROPN
cblr-1213	573	39	,	,	PUNCT
cblr-1213	573	40	or	or	CCONJ
cblr-1213	573	41	the	the	DET
cblr-1213	573	42	trading	trading	NOUN
cblr-1213	573	43	value	value	NOUN
cblr-1213	573	44	of	of	ADP
cblr-1213	573	45	the	the	DET
cblr-1213	573	46	fund.174	fund.174	ADJ
cblr-1213	573	47	if	if	SCONJ
cblr-1213	573	48	,	,	PUNCT
cblr-1213	573	49	for	for	ADP
cblr-1213	573	50	example	example	NOUN
cblr-1213	573	51	,	,	PUNCT
cblr-1213	573	52	a	a	DET
cblr-1213	573	53	fund	fund	NOUN
cblr-1213	573	54	reallocates	reallocate	VERB
cblr-1213	573	55	$	$	SYM
cblr-1213	573	56	1	1	NUM
cblr-1213	573	57	million	million	NUM
cblr-1213	573	58	in	in	ADP
cblr-1213	573	59	liquidity	liquidity	NOUN
cblr-1213	573	60	transaction	transaction	NOUN
cblr-1213	573	61	costs	cost	NOUN
cblr-1213	573	62	to	to	ADP
cblr-1213	573	63	the	the	DET
cblr-1213	573	64	triggering	trigger	VERB
cblr-1213	573	65	/	/	SYM
cblr-1213	573	66	active	active	ADJ
cblr-1213	573	67	shareholders	shareholder	NOUN
cblr-1213	573	68	,	,	PUNCT
cblr-1213	573	69	then	then	ADV
cblr-1213	573	70	the	the	DET
cblr-1213	573	71	fund	fund	NOUN
cblr-1213	573	72	’s	’s	PART
cblr-1213	573	73	assets	asset	NOUN
cblr-1213	573	74	under	under	ADP
cblr-1213	573	75	management	management	NOUN
cblr-1213	573	76	reflect	reflect	VERB
cblr-1213	573	77	the	the	DET
cblr-1213	573	78	retained	retain	VERB
cblr-1213	573	79	$	$	SYM
cblr-1213	573	80	1	1	NUM
cblr-1213	573	81	million	million	NUM
cblr-1213	573	82	,	,	PUNCT
cblr-1213	573	83	the	the	DET
cblr-1213	573	84	nav	nav	NOUN
cblr-1213	573	85	reflects	reflect	VERB
cblr-1213	573	86	the	the	DET
cblr-1213	573	87	higher	high	ADJ
cblr-1213	573	88	asset	asset	NOUN
cblr-1213	573	89	pool	pool	NOUN
cblr-1213	573	90	,	,	PUNCT
cblr-1213	573	91	and	and	CCONJ
cblr-1213	573	92	manager	manager	NOUN
cblr-1213	573	93	’s	’s	PART
cblr-1213	573	94	performance	performance	NOUN
cblr-1213	573	95	incentives	incentive	NOUN
cblr-1213	573	96	are	be	AUX
cblr-1213	573	97	calculated	calculate	VERB
cblr-1213	573	98	based	base	VERB
cblr-1213	573	99	on	on	ADP
cblr-1213	573	100	the	the	DET
cblr-1213	573	101	higher	high	ADJ
cblr-1213	573	102	asset	asset	NOUN
cblr-1213	573	103	pool	pool	NOUN
cblr-1213	573	104	.	.	PUNCT
cblr-1213	574	1	the	the	DET
cblr-1213	574	2	sec	sec	PROPN
cblr-1213	574	3	posits	posit	NOUN
cblr-1213	574	4	that	that	PRON
cblr-1213	574	5	swing	swing	NOUN
cblr-1213	574	6	pricing	pricing	NOUN
cblr-1213	574	7	could	could	AUX
cblr-1213	574	8	“	"	PUNCT
cblr-1213	574	9	indirectly	indirectly	ADV
cblr-1213	574	10	foster	foster	ADJ
cblr-1213	574	11	capital	capital	NOUN
cblr-1213	574	12	formation	formation	NOUN
cblr-1213	574	13	by	by	ADP
cblr-1213	574	14	bolstering	bolster	VERB
cblr-1213	574	15	investor	investor	NOUN
cblr-1213	574	16	confidence	confidence	NOUN
cblr-1213	574	17	.	.	PUNCT
cblr-1213	574	18	”175	”175	PUNCT
cblr-1213	575	1	the	the	DET
cblr-1213	575	2	theory	theory	NOUN
cblr-1213	575	3	is	be	AUX
cblr-1213	575	4	that	that	SCONJ
cblr-1213	575	5	if	if	SCONJ
cblr-1213	575	6	potential	potential	ADJ
cblr-1213	575	7	investors	investor	NOUN
cblr-1213	575	8	,	,	PUNCT
cblr-1213	575	9	particularly	particularly	ADV
cblr-1213	575	10	longterm	longterm	ADJ
cblr-1213	575	11	investors	investor	NOUN
cblr-1213	575	12	,	,	PUNCT
cblr-1213	575	13	understand	understand	VERB
cblr-1213	575	14	the	the	DET
cblr-1213	575	15	anti	anti	ADJ
cblr-1213	575	16	-	-	ADJ
cblr-1213	575	17	dilution	dilution	ADJ
cblr-1213	575	18	protections	protection	NOUN
cblr-1213	575	19	of	of	ADP
cblr-1213	575	20	swing	swing	NOUN
cblr-1213	575	21	pricing	pricing	NOUN
cblr-1213	575	22	,	,	PUNCT
cblr-1213	575	23	they	they	PRON
cblr-1213	575	24	will	will	AUX
cblr-1213	575	25	be	be	AUX
cblr-1213	575	26	more	more	ADV
cblr-1213	575	27	likely	likely	ADJ
cblr-1213	575	28	to	to	PART
cblr-1213	575	29	invest	invest	VERB
cblr-1213	575	30	in	in	ADP
cblr-1213	575	31	mutual	mutual	ADJ
cblr-1213	575	32	funds	fund	NOUN
cblr-1213	575	33	offering	offer	VERB
cblr-1213	575	34	swing	swing	NOUN
cblr-1213	575	35	pricing.176	pricing.176	NOUN
cblr-1213	575	36	swing	swing	NOUN
cblr-1213	575	37	pricing	pricing	NOUN
cblr-1213	575	38	’s	’s	PART
cblr-1213	575	39	positive	positive	ADJ
cblr-1213	575	40	effects	effect	NOUN
cblr-1213	575	41	may	may	AUX
cblr-1213	575	42	be	be	AUX
cblr-1213	575	43	the	the	DET
cblr-1213	575	44	carrot	carrot	NOUN
cblr-1213	575	45	that	that	SCONJ
cblr-1213	575	46	the	the	DET
cblr-1213	575	47	mutual	mutual	ADJ
cblr-1213	575	48	fund	fund	NOUN
cblr-1213	575	49	industry	industry	NOUN
cblr-1213	575	50	needs	need	VERB
cblr-1213	575	51	in	in	ADP
cblr-1213	575	52	order	order	NOUN
cblr-1213	575	53	to	to	PART
cblr-1213	575	54	undertake	undertake	VERB
cblr-1213	575	55	the	the	DET
cblr-1213	575	56	operational	operational	ADJ
cblr-1213	575	57	and	and	CCONJ
cblr-1213	575	58	organizational	organizational	ADJ
cblr-1213	575	59	changes	change	NOUN
cblr-1213	575	60	necessary	necessary	ADJ
cblr-1213	575	61	to	to	PART
cblr-1213	575	62	implement	implement	VERB
cblr-1213	575	63	swing	swing	NOUN
cblr-1213	575	64	pricing	pricing	NOUN
cblr-1213	575	65	.	.	PUNCT
cblr-1213	576	1	recall	recall	VERB
cblr-1213	576	2	that	that	DET
cblr-1213	576	3	swing	swing	NOUN
cblr-1213	576	4	pricing	pricing	NOUN
cblr-1213	576	5	is	be	AUX
cblr-1213	576	6	optional	optional	ADJ
cblr-1213	576	7	,	,	PUNCT
cblr-1213	576	8	meaning	mean	VERB
cblr-1213	576	9	that	that	SCONJ
cblr-1213	576	10	funds	fund	NOUN
cblr-1213	576	11	will	will	AUX
cblr-1213	576	12	only	only	ADV
cblr-1213	576	13	participate	participate	VERB
cblr-1213	576	14	if	if	SCONJ
cblr-1213	576	15	it	it	PRON
cblr-1213	576	16	makes	make	VERB
cblr-1213	576	17	economic	economic	ADJ
cblr-1213	576	18	sense	sense	NOUN
cblr-1213	576	19	to	to	PART
cblr-1213	576	20	do	do	VERB
cblr-1213	576	21	so	so	ADV
cblr-1213	576	22	.	.	PUNCT
cblr-1213	577	1	that	that	PRON
cblr-1213	577	2	comes	come	VERB
cblr-1213	577	3	with	with	ADP
cblr-1213	577	4	swing	swing	NOUN
cblr-1213	577	5	pricing	pricing	NOUN
cblr-1213	577	6	is	be	AUX
cblr-1213	577	7	sourced	source	VERB
cblr-1213	577	8	from	from	ADP
cblr-1213	577	9	,	,	PUNCT
cblr-1213	577	10	and	and	CCONJ
cblr-1213	577	11	equally	equally	ADV
cblr-1213	577	12	offset	offset	VERB
cblr-1213	577	13	by	by	ADP
cblr-1213	577	14	,	,	PUNCT
cblr-1213	577	15	the	the	DET
cblr-1213	577	16	net	net	ADJ
cblr-1213	577	17	transaction	transaction	NOUN
cblr-1213	577	18	costs	cost	NOUN
cblr-1213	577	19	paid	pay	VERB
cblr-1213	577	20	by	by	ADP
cblr-1213	577	21	buyers	buyer	NOUN
cblr-1213	577	22	and	and	CCONJ
cblr-1213	577	23	sellers	seller	NOUN
cblr-1213	577	24	of	of	ADP
cblr-1213	577	25	fund	fund	NOUN
cblr-1213	577	26	shares	share	NOUN
cblr-1213	577	27	each	each	DET
cblr-1213	577	28	day	day	NOUN
cblr-1213	577	29	that	that	PRON
cblr-1213	577	30	swing	swing	NOUN
cblr-1213	577	31	pricing	pricing	NOUN
cblr-1213	577	32	is	be	AUX
cblr-1213	577	33	in	in	ADP
cblr-1213	577	34	effect	effect	NOUN
cblr-1213	577	35	.	.	PUNCT
cblr-1213	578	1	after	after	ADP
cblr-1213	578	2	expenses	expense	NOUN
cblr-1213	578	3	,	,	PUNCT
cblr-1213	578	4	swing	swing	NOUN
cblr-1213	578	5	pricing	pricing	NOUN
cblr-1213	578	6	actually	actually	ADV
cblr-1213	578	7	reduces	reduce	VERB
cblr-1213	578	8	aggregate	aggregate	ADJ
cblr-1213	578	9	shareholder	shareholder	NOUN
cblr-1213	578	10	returns	return	NOUN
cblr-1213	578	11	by	by	ADP
cblr-1213	578	12	the	the	DET
cblr-1213	578	13	amount	amount	NOUN
cblr-1213	578	14	of	of	ADP
cblr-1213	578	15	fund	fund	NOUN
cblr-1213	578	16	expenses	expense	NOUN
cblr-1213	578	17	incurred	incur	VERB
cblr-1213	578	18	to	to	PART
cblr-1213	578	19	implement	implement	VERB
cblr-1213	578	20	the	the	DET
cblr-1213	578	21	fund	fund	NOUN
cblr-1213	578	22	’s	’s	PART
cblr-1213	578	23	swing	swing	NOUN
cblr-1213	578	24	pricing	pricing	NOUN
cblr-1213	578	25	program	program	NOUN
cblr-1213	578	26	.	.	PUNCT
cblr-1213	578	27	”	"	PUNCT
cblr-1213	579	1	i	i	PRON
cblr-1213	579	2	d.	d.	PROPN
cblr-1213	579	3	173	173	NUM
cblr-1213	579	4	alfi	alfi	PROPN
cblr-1213	579	5	2015	2015	NUM
cblr-1213	579	6	survey	survey	NOUN
cblr-1213	579	7	,	,	PUNCT
cblr-1213	579	8	supra	supra	PROPN
cblr-1213	579	9	note	note	NOUN
cblr-1213	579	10	58	58	NUM
cblr-1213	579	11	,	,	PUNCT
cblr-1213	579	12	at	at	ADP
cblr-1213	579	13	6	6	NUM
cblr-1213	579	14	.	.	NOUN
cblr-1213	579	15	174	174	NUM
cblr-1213	580	1	i	i	PROPN
cblr-1213	580	2	d.	d.	PROPN
cblr-1213	580	3	175	175	NUM
cblr-1213	580	4	swing	swing	NOUN
cblr-1213	580	5	pricing	price	VERB
cblr-1213	580	6	first	first	ADJ
cblr-1213	580	7	proposal	proposal	NOUN
cblr-1213	580	8	,	,	PUNCT
cblr-1213	580	9	supra	supra	PROPN
cblr-1213	580	10	note	note	NOUN
cblr-1213	580	11	4	4	NUM
cblr-1213	580	12	,	,	PUNCT
cblr-1213	580	13	at	at	ADP
cblr-1213	580	14	62369	62369	NUM
cblr-1213	580	15	.	.	PUNCT
cblr-1213	581	1	see	see	VERB
cblr-1213	581	2	also	also	ADV
cblr-1213	581	3	final	final	ADJ
cblr-1213	581	4	rules	rule	NOUN
cblr-1213	581	5	supra	supra	PROPN
cblr-1213	581	6	note	note	PROPN
cblr-1213	581	7	4	4	NUM
cblr-1213	581	8	,	,	PUNCT
cblr-1213	581	9	at	at	ADP
cblr-1213	581	10	82126	82126	NUM
cblr-1213	581	11	.	.	PUNCT
cblr-1213	582	1	the	the	DET
cblr-1213	582	2	authors	author	NOUN
cblr-1213	582	3	question	question	VERB
cblr-1213	582	4	this	this	DET
cblr-1213	582	5	logic	logic	NOUN
cblr-1213	582	6	and	and	CCONJ
cblr-1213	582	7	ask	ask	VERB
cblr-1213	582	8	which	which	DET
cblr-1213	582	9	investors	investor	NOUN
cblr-1213	582	10	they	they	PRON
cblr-1213	582	11	are	be	AUX
cblr-1213	582	12	referring	refer	VERB
cblr-1213	582	13	to	to	ADP
cblr-1213	582	14	.	.	PUNCT
cblr-1213	583	1	individual	individual	ADJ
cblr-1213	583	2	retirement	retirement	NOUN
cblr-1213	583	3	investors	investor	NOUN
cblr-1213	583	4	are	be	AUX
cblr-1213	583	5	unlikely	unlikely	ADJ
cblr-1213	583	6	to	to	PART
cblr-1213	583	7	understand	understand	VERB
cblr-1213	583	8	swing	swing	NOUN
cblr-1213	583	9	pricing	pricing	NOUN
cblr-1213	583	10	or	or	CCONJ
cblr-1213	583	11	seek	seek	VERB
cblr-1213	583	12	it	it	PRON
cblr-1213	583	13	out	out	ADP
cblr-1213	583	14	,	,	PUNCT
cblr-1213	583	15	which	which	PRON
cblr-1213	583	16	leaves	leave	VERB
cblr-1213	583	17	sophisticated	sophisticated	ADJ
cblr-1213	583	18	investors	investor	NOUN
cblr-1213	583	19	to	to	PART
cblr-1213	583	20	do	do	VERB
cblr-1213	583	21	so	so	ADV
cblr-1213	583	22	.	.	PUNCT
cblr-1213	584	1	many	many	ADJ
cblr-1213	584	2	retirement	retirement	NOUN
cblr-1213	584	3	investors	investor	NOUN
cblr-1213	584	4	invest	invest	VERB
cblr-1213	584	5	through	through	ADP
cblr-1213	584	6	employer	employer	NOUN
cblr-1213	584	7	-	-	PUNCT
cblr-1213	584	8	sponsored	sponsor	VERB
cblr-1213	584	9	plans	plan	NOUN
cblr-1213	584	10	where	where	SCONJ
cblr-1213	584	11	investment	investment	NOUN
cblr-1213	584	12	professionals	professional	NOUN
cblr-1213	584	13	select	select	VERB
cblr-1213	584	14	and	and	CCONJ
cblr-1213	584	15	monitor	monitor	VERB
cblr-1213	584	16	the	the	DET
cblr-1213	584	17	plan	plan	NOUN
cblr-1213	584	18	’s	’s	PART
cblr-1213	584	19	menu	menu	NOUN
cblr-1213	584	20	of	of	ADP
cblr-1213	584	21	investment	investment	NOUN
cblr-1213	584	22	options	option	NOUN
cblr-1213	584	23	.	.	PUNCT
cblr-1213	585	1	the	the	DET
cblr-1213	585	2	persistence	persistence	NOUN
cblr-1213	585	3	of	of	ADP
cblr-1213	585	4	high	high	ADJ
cblr-1213	585	5	-	-	PUNCT
cblr-1213	585	6	fee	fee	NOUN
cblr-1213	585	7	funds	fund	NOUN
cblr-1213	585	8	and	and	CCONJ
cblr-1213	585	9	potential	potential	ADJ
cblr-1213	585	10	conflicts	conflict	NOUN
cblr-1213	585	11	of	of	ADP
cblr-1213	585	12	interest	interest	NOUN
cblr-1213	585	13	through	through	ADP
cblr-1213	585	14	revenue	revenue	NOUN
cblr-1213	585	15	sharing	sharing	NOUN
cblr-1213	585	16	are	be	AUX
cblr-1213	585	17	common	common	ADJ
cblr-1213	585	18	criticisms	criticism	NOUN
cblr-1213	585	19	of	of	ADP
cblr-1213	585	20	the	the	DET
cblr-1213	585	21	effectiveness	effectiveness	NOUN
cblr-1213	585	22	of	of	ADP
cblr-1213	585	23	the	the	DET
cblr-1213	585	24	professional	professional	ADJ
cblr-1213	585	25	investment	investment	NOUN
cblr-1213	585	26	services	service	NOUN
cblr-1213	585	27	provided	provide	VERB
cblr-1213	585	28	to	to	ADP
cblr-1213	585	29	401k	401k	NOUN
cblr-1213	585	30	investors	investor	NOUN
cblr-1213	585	31	.	.	PUNCT
cblr-1213	586	1	see	see	VERB
cblr-1213	586	2	e.g.	e.g.	ADV
cblr-1213	586	3	,	,	PUNCT
cblr-1213	586	4	ian	ian	PROPN
cblr-1213	586	5	ayres	ayres	PROPN
cblr-1213	586	6	&	&	CCONJ
cblr-1213	586	7	quinn	quinn	PROPN
cblr-1213	586	8	curtis	curtis	PROPN
cblr-1213	586	9	,	,	PUNCT
cblr-1213	586	10	beyond	beyond	ADP
cblr-1213	586	11	diversification	diversification	NOUN
cblr-1213	586	12	:	:	PUNCT
cblr-1213	586	13	the	the	DET
cblr-1213	586	14	pervasive	pervasive	ADJ
cblr-1213	586	15	problem	problem	NOUN
cblr-1213	586	16	of	of	ADP
cblr-1213	586	17	excessive	excessive	ADJ
cblr-1213	586	18	fees	fee	NOUN
cblr-1213	586	19	and	and	CCONJ
cblr-1213	586	20	“	"	PUNCT
cblr-1213	586	21	dominated	dominate	VERB
cblr-1213	586	22	funds	fund	NOUN
cblr-1213	586	23	”	"	PUNCT
cblr-1213	586	24	in	in	ADP
cblr-1213	586	25	401(k	401(k	NOUN
cblr-1213	586	26	)	)	PUNCT
cblr-1213	586	27	plans	plan	NOUN
cblr-1213	586	28	,	,	PUNCT
cblr-1213	586	29	124	124	NUM
cblr-1213	586	30	yale	yale	PROPN
cblr-1213	586	31	l.j	l.j	PROPN
cblr-1213	586	32	.	.	PROPN
cblr-1213	586	33	1476	1476	NUM
cblr-1213	586	34	,	,	PUNCT
cblr-1213	586	35	1487–91	1487–91	NUM
cblr-1213	586	36	(	(	PUNCT
cblr-1213	586	37	2015	2015	NUM
cblr-1213	586	38	)	)	PUNCT
cblr-1213	586	39	.	.	PUNCT
cblr-1213	587	1	176	176	NUM
cblr-1213	587	2	final	final	ADJ
cblr-1213	587	3	rules	rule	NOUN
cblr-1213	587	4	,	,	PUNCT
cblr-1213	587	5	supra	supra	PROPN
cblr-1213	587	6	note	note	NOUN
cblr-1213	587	7	4	4	NUM
cblr-1213	587	8	,	,	PUNCT
cblr-1213	587	9	at	at	ADP
cblr-1213	587	10	82126	82126	NUM
cblr-1213	587	11	.	.	PUNCT
cblr-1213	588	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	588	2	168	168	NUM
cblr-1213	588	3	columbia	columbia	PROPN
cblr-1213	588	4	business	business	NOUN
cblr-1213	588	5	law	law	PROPN
cblr-1213	588	6	review	review	NOUN
cblr-1213	588	7	[	[	X
cblr-1213	588	8	vol	vol	NOUN
cblr-1213	588	9	.	.	PUNCT
cblr-1213	588	10	2018	2018	NUM
cblr-1213	588	11	swing	swing	NOUN
cblr-1213	588	12	pricing	pricing	NOUN
cblr-1213	588	13	may	may	AUX
cblr-1213	588	14	also	also	ADV
cblr-1213	588	15	deter	deter	VERB
cblr-1213	588	16	short	short	ADJ
cblr-1213	588	17	-	-	PUNCT
cblr-1213	588	18	term	term	NOUN
cblr-1213	588	19	trading	trading	NOUN
cblr-1213	588	20	and	and	CCONJ
cblr-1213	588	21	possible	possible	ADJ
cblr-1213	588	22	market	market	NOUN
cblr-1213	588	23	-	-	PUNCT
cblr-1213	588	24	timing	timing	NOUN
cblr-1213	588	25	or	or	CCONJ
cblr-1213	588	26	arbitrage.177	arbitrage.177	ADV
cblr-1213	588	27	imposing	impose	VERB
cblr-1213	588	28	liquidity	liquidity	NOUN
cblr-1213	588	29	transaction	transaction	NOUN
cblr-1213	588	30	costs	cost	NOUN
cblr-1213	588	31	on	on	ADP
cblr-1213	588	32	triggering	trigger	VERB
cblr-1213	588	33	shareholders	shareholder	NOUN
cblr-1213	588	34	increases	increase	VERB
cblr-1213	588	35	the	the	DET
cblr-1213	588	36	price	price	NOUN
cblr-1213	588	37	at	at	ADP
cblr-1213	588	38	which	which	PRON
cblr-1213	588	39	one	one	PRON
cblr-1213	588	40	can	can	AUX
cblr-1213	588	41	earn	earn	VERB
cblr-1213	588	42	a	a	DET
cblr-1213	588	43	short	short	ADJ
cblr-1213	588	44	-	-	PUNCT
cblr-1213	588	45	term	term	NOUN
cblr-1213	588	46	sale	sale	NOUN
cblr-1213	588	47	profit	profit	NOUN
cblr-1213	588	48	,	,	PUNCT
cblr-1213	588	49	and	and	CCONJ
cblr-1213	588	50	therefore	therefore	ADV
cblr-1213	588	51	increases	increase	VERB
cblr-1213	588	52	the	the	DET
cblr-1213	588	53	risks	risk	NOUN
cblr-1213	588	54	of	of	ADP
cblr-1213	588	55	short	short	ADJ
cblr-1213	588	56	-	-	PUNCT
cblr-1213	588	57	term	term	NOUN
cblr-1213	588	58	trading	trading	NOUN
cblr-1213	588	59	.	.	PUNCT
cblr-1213	589	1	the	the	DET
cblr-1213	589	2	2015	2015	NUM
cblr-1213	589	3	alfi	alfi	NOUN
cblr-1213	589	4	guidelines	guideline	NOUN
cblr-1213	589	5	note	note	VERB
cblr-1213	589	6	that	that	SCONJ
cblr-1213	589	7	a	a	DET
cblr-1213	589	8	shareholder	shareholder	NOUN
cblr-1213	589	9	’s	’s	PART
cblr-1213	589	10	investment	investment	NOUN
cblr-1213	589	11	will	will	AUX
cblr-1213	589	12	likely	likely	ADV
cblr-1213	589	13	need	need	VERB
cblr-1213	589	14	to	to	PART
cblr-1213	589	15	increase	increase	VERB
cblr-1213	589	16	by	by	ADP
cblr-1213	589	17	at	at	ADV
cblr-1213	589	18	least	least	ADJ
cblr-1213	589	19	double	double	DET
cblr-1213	589	20	the	the	DET
cblr-1213	589	21	value	value	NOUN
cblr-1213	589	22	of	of	ADP
cblr-1213	589	23	the	the	DET
cblr-1213	589	24	swing	swing	NOUN
cblr-1213	589	25	factor	factor	NOUN
cblr-1213	589	26	in	in	ADP
cblr-1213	589	27	order	order	NOUN
cblr-1213	589	28	to	to	PART
cblr-1213	589	29	recoup	recoup	VERB
cblr-1213	589	30	costs	cost	NOUN
cblr-1213	589	31	and	and	CCONJ
cblr-1213	589	32	realize	realize	VERB
cblr-1213	589	33	a	a	DET
cblr-1213	589	34	gain.178	gain.178	PROPN
cblr-1213	589	35	swing	swing	NOUN
cblr-1213	589	36	pricing	pricing	NOUN
cblr-1213	589	37	deterrence	deterrence	NOUN
cblr-1213	589	38	would	would	AUX
cblr-1213	589	39	work	work	VERB
cblr-1213	589	40	on	on	ADP
cblr-1213	589	41	top	top	NOUN
cblr-1213	589	42	of	of	ADP
cblr-1213	589	43	existing	exist	VERB
cblr-1213	589	44	anti	anti	ADJ
cblr-1213	589	45	-	-	ADJ
cblr-1213	589	46	market	market	ADJ
cblr-1213	589	47	-	-	PUNCT
cblr-1213	589	48	timing	timing	NOUN
cblr-1213	589	49	tools	tool	NOUN
cblr-1213	589	50	that	that	PRON
cblr-1213	589	51	funds	fund	NOUN
cblr-1213	589	52	independently	independently	ADV
cblr-1213	589	53	possess	possess	VERB
cblr-1213	589	54	,	,	PUNCT
cblr-1213	589	55	permitting	permit	VERB
cblr-1213	589	56	restrictions	restriction	NOUN
cblr-1213	589	57	on	on	ADP
cblr-1213	589	58	market	market	NOUN
cblr-1213	589	59	-	-	PUNCT
cblr-1213	589	60	timing	time	VERB
cblr-1213	589	61	shareholders.179	shareholders.179	NOUN
cblr-1213	589	62	mutual	mutual	ADJ
cblr-1213	589	63	funds	fund	NOUN
cblr-1213	589	64	’	'	PUNCT
cblr-1213	589	65	use	use	NOUN
cblr-1213	589	66	of	of	ADP
cblr-1213	589	67	existing	exist	VERB
cblr-1213	589	68	market	market	NOUN
cblr-1213	589	69	-	-	PUNCT
cblr-1213	589	70	timing	time	VERB
cblr-1213	589	71	tools180	tools180	PROPN
cblr-1213	589	72	mitigates	mitigate	VERB
cblr-1213	589	73	deterrence	deterrence	NOUN
cblr-1213	589	74	benefits	benefit	NOUN
cblr-1213	589	75	gained	gain	VERB
cblr-1213	589	76	from	from	ADP
cblr-1213	589	77	swing	swing	NOUN
cblr-1213	589	78	pricing	pricing	NOUN
cblr-1213	589	79	rules	rule	NOUN
cblr-1213	589	80	.	.	PUNCT
cblr-1213	590	1	177	177	NUM
cblr-1213	591	1	i	i	PRON
cblr-1213	591	2	d.	d.	PROPN
cblr-1213	591	3	178	178	NUM
cblr-1213	592	1	i	i	PROPN
cblr-1213	592	2	d.	d.	PROPN
cblr-1213	592	3	179	179	NUM
cblr-1213	592	4	market	market	NOUN
cblr-1213	592	5	-	-	PUNCT
cblr-1213	592	6	timing	timing	NOUN
cblr-1213	592	7	rule	rule	NOUN
cblr-1213	592	8	,	,	PUNCT
cblr-1213	592	9	17	17	NUM
cblr-1213	592	10	c.f.r	c.f.r	NOUN
cblr-1213	592	11	§	§	PROPN
cblr-1213	592	12	270.22c-2	270.22c-2	NOUN
cblr-1213	592	13	.	.	PUNCT
cblr-1213	593	1	the	the	DET
cblr-1213	593	2	sec	sec	PROPN
cblr-1213	593	3	began	begin	VERB
cblr-1213	593	4	to	to	PART
cblr-1213	593	5	require	require	VERB
cblr-1213	593	6	disclosure	disclosure	NOUN
cblr-1213	593	7	in	in	ADP
cblr-1213	593	8	a	a	DET
cblr-1213	593	9	fund	fund	NOUN
cblr-1213	593	10	’s	’s	PART
cblr-1213	593	11	prospectus	prospectus	NOUN
cblr-1213	593	12	regarding	regard	VERB
cblr-1213	593	13	the	the	DET
cblr-1213	593	14	risks	risk	NOUN
cblr-1213	593	15	of	of	ADP
cblr-1213	593	16	frequent	frequent	ADJ
cblr-1213	593	17	purchases	purchase	NOUN
cblr-1213	593	18	and	and	CCONJ
cblr-1213	593	19	redemptions	redemption	NOUN
cblr-1213	593	20	of	of	ADP
cblr-1213	593	21	fund	fund	NOUN
cblr-1213	593	22	shares	share	NOUN
cblr-1213	593	23	,	,	PUNCT
cblr-1213	593	24	including	include	VERB
cblr-1213	593	25	the	the	DET
cblr-1213	593	26	risk	risk	NOUN
cblr-1213	593	27	of	of	ADP
cblr-1213	593	28	dilution	dilution	NOUN
cblr-1213	593	29	and	and	CCONJ
cblr-1213	593	30	the	the	DET
cblr-1213	593	31	increased	increase	VERB
cblr-1213	593	32	trading	trading	NOUN
cblr-1213	593	33	and	and	CCONJ
cblr-1213	593	34	administrative	administrative	ADJ
cblr-1213	593	35	costs	cost	NOUN
cblr-1213	593	36	.	.	PUNCT
cblr-1213	594	1	as	as	ADP
cblr-1213	594	2	a	a	DET
cblr-1213	594	3	result	result	NOUN
cblr-1213	594	4	of	of	ADP
cblr-1213	594	5	these	these	DET
cblr-1213	594	6	risks	risk	NOUN
cblr-1213	594	7	,	,	PUNCT
cblr-1213	594	8	the	the	DET
cblr-1213	594	9	sec	sec	PROPN
cblr-1213	594	10	also	also	ADV
cblr-1213	594	11	required	require	VERB
cblr-1213	594	12	a	a	DET
cblr-1213	594	13	fund	fund	NOUN
cblr-1213	594	14	to	to	PART
cblr-1213	594	15	disclose	disclose	VERB
cblr-1213	594	16	its	its	PRON
cblr-1213	594	17	policies	policy	NOUN
cblr-1213	594	18	and	and	CCONJ
cblr-1213	594	19	procedures	procedure	NOUN
cblr-1213	594	20	designed	design	VERB
cblr-1213	594	21	to	to	PART
cblr-1213	594	22	deter	deter	VERB
cblr-1213	594	23	frequent	frequent	ADJ
cblr-1213	594	24	trading	trading	NOUN
cblr-1213	594	25	,	,	PUNCT
cblr-1213	594	26	including	include	VERB
cblr-1213	594	27	the	the	DET
cblr-1213	594	28	specific	specific	ADJ
cblr-1213	594	29	restrictions	restriction	NOUN
cblr-1213	594	30	such	such	ADJ
cblr-1213	594	31	as	as	ADP
cblr-1213	594	32	the	the	DET
cblr-1213	594	33	number	number	NOUN
cblr-1213	594	34	of	of	ADP
cblr-1213	594	35	“	"	PUNCT
cblr-1213	594	36	round	round	ADJ
cblr-1213	594	37	trips	trip	NOUN
cblr-1213	594	38	”	"	PUNCT
cblr-1213	594	39	(	(	PUNCT
cblr-1213	594	40	in	in	ADP
cblr-1213	594	41	and	and	CCONJ
cblr-1213	594	42	out	out	ADV
cblr-1213	594	43	=	=	SYM
cblr-1213	594	44	1	1	NUM
cblr-1213	594	45	round	round	NOUN
cblr-1213	594	46	trip	trip	NOUN
cblr-1213	594	47	)	)	PUNCT
cblr-1213	594	48	,	,	PUNCT
cblr-1213	594	49	minimum	minimum	ADJ
cblr-1213	594	50	holding	holding	NOUN
cblr-1213	594	51	periods	period	NOUN
cblr-1213	594	52	,	,	PUNCT
cblr-1213	594	53	redemption	redemption	NOUN
cblr-1213	594	54	fees	fee	NOUN
cblr-1213	594	55	,	,	PUNCT
cblr-1213	594	56	or	or	CCONJ
cblr-1213	594	57	other	other	ADJ
cblr-1213	594	58	restrictions	restriction	NOUN
cblr-1213	594	59	a	a	DET
cblr-1213	594	60	fund	fund	NOUN
cblr-1213	594	61	may	may	AUX
cblr-1213	594	62	have	have	VERB
cblr-1213	594	63	on	on	ADP
cblr-1213	594	64	purchases	purchase	NOUN
cblr-1213	594	65	and	and	CCONJ
cblr-1213	594	66	redemptions	redemption	NOUN
cblr-1213	594	67	.	.	PUNCT
cblr-1213	595	1	funds	fund	NOUN
cblr-1213	595	2	may	may	AUX
cblr-1213	595	3	also	also	ADV
cblr-1213	595	4	impose	impose	VERB
cblr-1213	595	5	restrictions	restriction	NOUN
cblr-1213	595	6	on	on	ADP
cblr-1213	595	7	individual	individual	ADJ
cblr-1213	595	8	shareholders	shareholder	NOUN
cblr-1213	595	9	who	who	PRON
cblr-1213	595	10	may	may	AUX
cblr-1213	595	11	be	be	AUX
cblr-1213	595	12	deemed	deem	VERB
cblr-1213	595	13	to	to	PART
cblr-1213	595	14	be	be	AUX
cblr-1213	595	15	disruptive	disruptive	ADJ
cblr-1213	595	16	shareholders	shareholder	NOUN
cblr-1213	595	17	based	base	VERB
cblr-1213	595	18	on	on	ADP
cblr-1213	595	19	their	their	PRON
cblr-1213	595	20	transaction	transaction	NOUN
cblr-1213	595	21	history	history	NOUN
cblr-1213	595	22	and	and	CCONJ
cblr-1213	595	23	the	the	DET
cblr-1213	595	24	circumstances	circumstance	NOUN
cblr-1213	595	25	surrounding	surround	VERB
cblr-1213	595	26	the	the	DET
cblr-1213	595	27	transactions	transaction	NOUN
cblr-1213	595	28	.	.	PUNCT
cblr-1213	596	1	disclosure	disclosure	NOUN
cblr-1213	596	2	regarding	regard	VERB
cblr-1213	596	3	market	market	NOUN
cblr-1213	596	4	timing	timing	NOUN
cblr-1213	596	5	,	,	PUNCT
cblr-1213	596	6	69	69	NUM
cblr-1213	596	7	fed	feed	VERB
cblr-1213	596	8	.	.	PUNCT
cblr-1213	597	1	reg	reg	PROPN
cblr-1213	597	2	.	.	PUNCT
cblr-1213	597	3	22300	22300	NUM
cblr-1213	597	4	(	(	PUNCT
cblr-1213	597	5	apr	apr	PROPN
cblr-1213	597	6	.	.	PROPN
cblr-1213	597	7	23	23	NUM
cblr-1213	597	8	,	,	PUNCT
cblr-1213	597	9	2004	2004	NUM
cblr-1213	597	10	)	)	PUNCT
cblr-1213	597	11	(	(	PUNCT
cblr-1213	597	12	codified	codify	VERB
cblr-1213	597	13	at	at	ADP
cblr-1213	597	14	17	17	NUM
cblr-1213	597	15	c.f.r	c.f.r	NOUN
cblr-1213	597	16	.	.	PUNCT
cblr-1213	598	1	pts	pts	PROPN
cblr-1213	598	2	.	.	PROPN
cblr-1213	598	3	239	239	NUM
cblr-1213	598	4	,	,	PUNCT
cblr-1213	598	5	274	274	NUM
cblr-1213	598	6	)	)	PUNCT
cblr-1213	598	7	[	[	X
cblr-1213	598	8	hereinafter	hereinafter	NOUN
cblr-1213	598	9	market	market	NOUN
cblr-1213	598	10	timing	timing	NOUN
cblr-1213	598	11	disclosure	disclosure	NOUN
cblr-1213	598	12	rule	rule	NOUN
cblr-1213	598	13	]	]	PUNCT
cblr-1213	598	14	.	.	PUNCT
cblr-1213	599	1	180	180	NUM
cblr-1213	599	2	each	each	DET
cblr-1213	599	3	fund	fund	NOUN
cblr-1213	599	4	is	be	AUX
cblr-1213	599	5	required	require	VERB
cblr-1213	599	6	to	to	PART
cblr-1213	599	7	disclose	disclose	VERB
cblr-1213	599	8	whether	whether	SCONJ
cblr-1213	599	9	the	the	DET
cblr-1213	599	10	fund	fund	NOUN
cblr-1213	599	11	’s	’s	PART
cblr-1213	599	12	board	board	NOUN
cblr-1213	599	13	of	of	ADP
cblr-1213	599	14	directors	director	NOUN
cblr-1213	599	15	has	have	AUX
cblr-1213	599	16	adopted	adopt	VERB
cblr-1213	599	17	a	a	DET
cblr-1213	599	18	frequent	frequent	ADJ
cblr-1213	599	19	trading	trading	NOUN
cblr-1213	599	20	policy	policy	NOUN
cblr-1213	599	21	and	and	CCONJ
cblr-1213	599	22	procedures	procedure	NOUN
cblr-1213	599	23	;	;	PUNCT
cblr-1213	599	24	or	or	CCONJ
cblr-1213	599	25	,	,	PUNCT
cblr-1213	599	26	if	if	SCONJ
cblr-1213	599	27	not	not	PART
cblr-1213	599	28	,	,	PUNCT
cblr-1213	599	29	the	the	DET
cblr-1213	599	30	specific	specific	ADJ
cblr-1213	599	31	basis	basis	NOUN
cblr-1213	599	32	for	for	ADP
cblr-1213	599	33	the	the	DET
cblr-1213	599	34	board	board	NOUN
cblr-1213	599	35	’s	’s	PART
cblr-1213	599	36	determination	determination	NOUN
cblr-1213	599	37	that	that	SCONJ
cblr-1213	599	38	it	it	PRON
cblr-1213	599	39	does	do	AUX
cblr-1213	599	40	not	not	PART
cblr-1213	599	41	need	need	VERB
cblr-1213	599	42	such	such	ADJ
cblr-1213	599	43	policy	policy	NOUN
cblr-1213	599	44	and	and	CCONJ
cblr-1213	599	45	procedures	procedure	NOUN
cblr-1213	599	46	.	.	PUNCT
cblr-1213	600	1	the	the	DET
cblr-1213	600	2	vast	vast	ADJ
cblr-1213	600	3	majority	majority	NOUN
cblr-1213	600	4	of	of	ADP
cblr-1213	600	5	fund	fund	NOUN
cblr-1213	600	6	boards	board	NOUN
cblr-1213	600	7	have	have	AUX
cblr-1213	600	8	adopted	adopt	VERB
cblr-1213	600	9	a	a	DET
cblr-1213	600	10	frequent	frequent	ADJ
cblr-1213	600	11	trading	trading	NOUN
cblr-1213	600	12	policy	policy	NOUN
cblr-1213	600	13	and	and	CCONJ
cblr-1213	600	14	procedure	procedure	NOUN
cblr-1213	600	15	,	,	PUNCT
cblr-1213	600	16	which	which	PRON
cblr-1213	600	17	it	it	PRON
cblr-1213	600	18	can	can	AUX
cblr-1213	600	19	define	define	VERB
cblr-1213	600	20	as	as	SCONJ
cblr-1213	600	21	it	it	PRON
cblr-1213	600	22	sees	see	VERB
cblr-1213	600	23	fit	fit	ADJ
cblr-1213	600	24	.	.	PUNCT
cblr-1213	601	1	funds	fund	NOUN
cblr-1213	601	2	must	must	AUX
cblr-1213	601	3	disclose	disclose	VERB
cblr-1213	601	4	any	any	DET
cblr-1213	601	5	restrictions	restriction	NOUN
cblr-1213	601	6	or	or	CCONJ
cblr-1213	601	7	limitations	limitation	NOUN
cblr-1213	601	8	it	it	PRON
cblr-1213	601	9	may	may	AUX
cblr-1213	601	10	impose	impose	VERB
cblr-1213	601	11	on	on	ADP
cblr-1213	601	12	shareholders	shareholder	NOUN
cblr-1213	601	13	deemed	deem	VERB
cblr-1213	601	14	to	to	PART
cblr-1213	601	15	be	be	AUX
cblr-1213	601	16	“	"	PUNCT
cblr-1213	601	17	frequent	frequent	ADJ
cblr-1213	601	18	traders	trader	NOUN
cblr-1213	601	19	.	.	PUNCT
cblr-1213	601	20	”	"	PUNCT
cblr-1213	602	1	for	for	ADP
cblr-1213	602	2	example	example	NOUN
cblr-1213	602	3	,	,	PUNCT
cblr-1213	602	4	a	a	DET
cblr-1213	602	5	fund	fund	NOUN
cblr-1213	602	6	may	may	AUX
cblr-1213	602	7	choose	choose	VERB
cblr-1213	602	8	a	a	DET
cblr-1213	602	9	policy	policy	NOUN
cblr-1213	602	10	that	that	PRON
cblr-1213	602	11	prohibits	prohibit	VERB
cblr-1213	602	12	a	a	DET
cblr-1213	602	13	shareholder	shareholder	NOUN
cblr-1213	602	14	from	from	ADP
cblr-1213	602	15	purchasing	purchase	VERB
cblr-1213	602	16	a	a	DET
cblr-1213	602	17	fund	fund	NOUN
cblr-1213	602	18	within	within	ADP
cblr-1213	602	19	thirty	thirty	NUM
cblr-1213	602	20	days	day	NOUN
cblr-1213	602	21	after	after	SCONJ
cblr-1213	602	22	the	the	DET
cblr-1213	602	23	shareholder	shareholder	NOUN
cblr-1213	602	24	sells	sell	VERB
cblr-1213	602	25	the	the	DET
cblr-1213	602	26	fund	fund	NOUN
cblr-1213	602	27	.	.	PUNCT
cblr-1213	603	1	funds	fund	NOUN
cblr-1213	603	2	must	must	AUX
cblr-1213	603	3	also	also	ADV
cblr-1213	603	4	disclose	disclose	VERB
cblr-1213	603	5	any	any	DET
cblr-1213	603	6	fees	fee	NOUN
cblr-1213	603	7	imposed	impose	VERB
cblr-1213	603	8	to	to	ADP
cblr-1213	603	9	shareholders	shareholder	NOUN
cblr-1213	603	10	deemed	deem	VERB
cblr-1213	603	11	to	to	PART
cblr-1213	603	12	be	be	AUX
cblr-1213	603	13	frequent	frequent	ADJ
cblr-1213	603	14	traders	trader	NOUN
cblr-1213	603	15	.	.	PUNCT
cblr-1213	604	1	market	market	NOUN
cblr-1213	604	2	timing	timing	NOUN
cblr-1213	604	3	disclosure	disclosure	NOUN
cblr-1213	604	4	rule	rule	NOUN
cblr-1213	604	5	,	,	PUNCT
cblr-1213	604	6	supra	supra	PROPN
cblr-1213	604	7	note	note	NOUN
cblr-1213	604	8	179	179	NUM
cblr-1213	604	9	,	,	PUNCT
cblr-1213	604	10	at	at	ADP
cblr-1213	604	11	22302	22302	NUM
cblr-1213	604	12	.	.	PUNCT
cblr-1213	605	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	606	1	no	no	INTJ
cblr-1213	606	2	.	.	PUNCT
cblr-1213	607	1	1:130	1:130	NUM
cblr-1213	607	2	]	]	X
cblr-1213	607	3	will	will	AUX
cblr-1213	607	4	swing	swing	VERB
cblr-1213	607	5	pricing	pricing	NOUN
cblr-1213	607	6	save	save	VERB
cblr-1213	607	7	sedentary	sedentary	ADJ
cblr-1213	607	8	shareholders	shareholder	NOUN
cblr-1213	607	9	?	?	PUNCT
cblr-1213	608	1	169	169	NUM
cblr-1213	608	2	in	in	ADP
cblr-1213	608	3	times	time	NOUN
cblr-1213	608	4	of	of	ADP
cblr-1213	608	5	liquidity	liquidity	NOUN
cblr-1213	608	6	stress	stress	NOUN
cblr-1213	608	7	,	,	PUNCT
cblr-1213	608	8	mutual	mutual	ADJ
cblr-1213	608	9	fund	fund	NOUN
cblr-1213	608	10	shareholders	shareholder	NOUN
cblr-1213	608	11	may	may	AUX
cblr-1213	608	12	perceive	perceive	VERB
cblr-1213	608	13	a	a	DET
cblr-1213	608	14	first	first	ADJ
cblr-1213	608	15	-	-	PUNCT
cblr-1213	608	16	mover	mover	NOUN
cblr-1213	608	17	advantage181	advantage181	PROPN
cblr-1213	608	18	in	in	ADP
cblr-1213	608	19	racing	race	VERB
cblr-1213	608	20	to	to	PART
cblr-1213	608	21	redeem	redeem	VERB
cblr-1213	608	22	their	their	PRON
cblr-1213	608	23	mutual	mutual	ADJ
cblr-1213	608	24	fund	fund	NOUN
cblr-1213	608	25	shares	share	NOUN
cblr-1213	608	26	at	at	ADP
cblr-1213	608	27	a	a	DET
cblr-1213	608	28	declining	decline	VERB
cblr-1213	608	29	,	,	PUNCT
cblr-1213	608	30	but	but	CCONJ
cblr-1213	608	31	not	not	PART
cblr-1213	608	32	bottom	bottom	ADJ
cblr-1213	608	33	,	,	PUNCT
cblr-1213	608	34	price.182	price.182	PROPN
cblr-1213	608	35	redemptions	redemption	NOUN
cblr-1213	608	36	motivated	motivate	VERB
cblr-1213	608	37	by	by	ADP
cblr-1213	608	38	concerns	concern	NOUN
cblr-1213	608	39	about	about	ADP
cblr-1213	608	40	a	a	DET
cblr-1213	608	41	tanking	tank	VERB
cblr-1213	608	42	fund	fund	NOUN
cblr-1213	608	43	price	price	NOUN
cblr-1213	608	44	can	can	AUX
cblr-1213	608	45	generate	generate	VERB
cblr-1213	608	46	significant	significant	ADJ
cblr-1213	608	47	outflows	outflow	NOUN
cblr-1213	608	48	,	,	PUNCT
cblr-1213	608	49	exacerbating	exacerbate	VERB
cblr-1213	608	50	the	the	DET
cblr-1213	608	51	price	price	NOUN
cblr-1213	608	52	declines	decline	NOUN
cblr-1213	608	53	and	and	CCONJ
cblr-1213	608	54	creating	create	VERB
cblr-1213	608	55	a	a	DET
cblr-1213	608	56	mutual	mutual	ADJ
cblr-1213	608	57	fund	fund	NOUN
cblr-1213	608	58	run	run	NOUN
cblr-1213	608	59	.	.	PUNCT
cblr-1213	609	1	a	a	DET
cblr-1213	609	2	fund	fund	NOUN
cblr-1213	609	3	experiencing	experience	VERB
cblr-1213	609	4	large	large	ADJ
cblr-1213	609	5	outflows	outflow	NOUN
cblr-1213	609	6	“	"	PUNCT
cblr-1213	609	7	may	may	AUX
cblr-1213	609	8	be	be	AUX
cblr-1213	609	9	exposed	expose	VERB
cblr-1213	609	10	to	to	ADP
cblr-1213	609	11	predatory	predatory	ADJ
cblr-1213	609	12	trading	trading	NOUN
cblr-1213	609	13	activity	activity	NOUN
cblr-1213	609	14	in	in	ADP
cblr-1213	609	15	the	the	DET
cblr-1213	609	16	securities	security	NOUN
cblr-1213	609	17	it	it	PRON
cblr-1213	609	18	holds	hold	VERB
cblr-1213	609	19	.	.	PUNCT
cblr-1213	610	1	”183	”183	PUNCT
cblr-1213	610	2	shareholders	shareholder	NOUN
cblr-1213	610	3	remaining	remain	VERB
cblr-1213	610	4	in	in	ADP
cblr-1213	610	5	the	the	DET
cblr-1213	610	6	fund	fund	NOUN
cblr-1213	610	7	suffer	suffer	VERB
cblr-1213	610	8	the	the	DET
cblr-1213	610	9	consequences	consequence	NOUN
cblr-1213	610	10	of	of	ADP
cblr-1213	610	11	these	these	DET
cblr-1213	610	12	actions	action	NOUN
cblr-1213	610	13	—	—	PUNCT
cblr-1213	610	14	namely	namely	ADV
cblr-1213	610	15	a	a	DET
cblr-1213	610	16	“	"	PUNCT
cblr-1213	610	17	material	material	NOUN
cblr-1213	610	18	dilution	dilution	NOUN
cblr-1213	610	19	”	"	PUNCT
cblr-1213	610	20	of	of	ADP
cblr-1213	610	21	the	the	DET
cblr-1213	610	22	fund	fund	NOUN
cblr-1213	610	23	’s	’s	PART
cblr-1213	610	24	’	'	PUNCT
cblr-1213	610	25	assets.184	assets.184	VERB
cblr-1213	610	26	existing	exist	VERB
cblr-1213	610	27	redemption	redemption	NOUN
cblr-1213	610	28	fees	fee	NOUN
cblr-1213	610	29	may	may	AUX
cblr-1213	610	30	stem	stem	VERB
cblr-1213	610	31	first	first	ADJ
cblr-1213	610	32	-	-	PUNCT
cblr-1213	610	33	mover	mover	NOUN
cblr-1213	610	34	advantage	advantage	NOUN
cblr-1213	610	35	concerns	concern	NOUN
cblr-1213	610	36	,	,	PUNCT
cblr-1213	610	37	and	and	CCONJ
cblr-1213	610	38	swing	swing	NOUN
cblr-1213	610	39	pricing	pricing	NOUN
cblr-1213	610	40	would	would	AUX
cblr-1213	610	41	add	add	VERB
cblr-1213	610	42	additional	additional	ADJ
cblr-1213	610	43	deterrence.185	deterrence.185	ADJ
cblr-1213	610	44	the	the	DET
cblr-1213	610	45	sec	sec	PROPN
cblr-1213	610	46	described	describe	VERB
cblr-1213	610	47	the	the	DET
cblr-1213	610	48	intended	intend	VERB
cblr-1213	610	49	disincentive	disincentive	NOUN
cblr-1213	610	50	as	as	SCONJ
cblr-1213	610	51	:	:	PUNCT
cblr-1213	610	52	[	[	X
cblr-1213	610	53	i]f	i]f	ADP
cblr-1213	610	54	non	non	ADJ
cblr-1213	610	55	-	-	ADJ
cblr-1213	610	56	transacting	transacting	ADJ
cblr-1213	610	57	shareholders	shareholder	NOUN
cblr-1213	610	58	understood	understand	VERB
cblr-1213	610	59	that	that	SCONJ
cblr-1213	610	60	redeeming	redeem	VERB
cblr-1213	610	61	shareholders	shareholder	NOUN
cblr-1213	610	62	—	—	PUNCT
cblr-1213	610	63	especially	especially	ADV
cblr-1213	610	64	shareholders	shareholder	NOUN
cblr-1213	610	65	seeking	seek	VERB
cblr-1213	610	66	to	to	PART
cblr-1213	610	67	redeem	redeem	VERB
cblr-1213	610	68	large	large	ADJ
cblr-1213	610	69	holdings	holding	NOUN
cblr-1213	610	70	—	—	PUNCT
cblr-1213	610	71	would	would	AUX
cblr-1213	610	72	bear	bear	VERB
cblr-1213	610	73	the	the	DET
cblr-1213	610	74	estimated	estimate	VERB
cblr-1213	610	75	costs	cost	NOUN
cblr-1213	610	76	of	of	ADP
cblr-1213	610	77	their	their	PRON
cblr-1213	610	78	redemption	redemption	NOUN
cblr-1213	610	79	activity	activity	NOUN
cblr-1213	610	80	,	,	PUNCT
cblr-1213	610	81	it	it	PRON
cblr-1213	610	82	would	would	AUX
cblr-1213	610	83	reduce	reduce	VERB
cblr-1213	610	84	shareholders	shareholder	NOUN
cblr-1213	610	85	’	'	PUNCT
cblr-1213	610	86	incentive	incentive	NOUN
cblr-1213	610	87	to	to	PART
cblr-1213	610	88	redeem	redeem	VERB
cblr-1213	610	89	large	large	ADJ
cblr-1213	610	90	holdings	holding	NOUN
cblr-1213	610	91	quickly	quickly	ADV
cblr-1213	610	92	because	because	SCONJ
cblr-1213	610	93	there	there	PRON
cblr-1213	610	94	would	would	AUX
cblr-1213	610	95	be	be	AUX
cblr-1213	610	96	less	less	ADJ
cblr-1213	610	97	risk	risk	NOUN
cblr-1213	610	98	that	that	SCONJ
cblr-1213	610	99	nontransacting	nontransacting	NOUN
cblr-1213	610	100	shareholders	shareholder	NOUN
cblr-1213	610	101	would	would	AUX
cblr-1213	610	102	bear	bear	VERB
cblr-1213	610	103	the	the	DET
cblr-1213	610	104	costs	cost	NOUN
cblr-1213	610	105	of	of	ADP
cblr-1213	610	106	other	other	ADJ
cblr-1213	610	107	shareholders	shareholder	NOUN
cblr-1213	610	108	’	'	PUNCT
cblr-1213	610	109	redemption	redemption	NOUN
cblr-1213	610	110	activity.186	activity.186	NOUN
cblr-1213	610	111	the	the	DET
cblr-1213	610	112	absence	absence	NOUN
cblr-1213	610	113	of	of	ADP
cblr-1213	610	114	a	a	DET
cblr-1213	610	115	minimum	minimum	ADJ
cblr-1213	610	116	swing	swing	NOUN
cblr-1213	610	117	pricing	pricing	NOUN
cblr-1213	610	118	threshold	threshold	NOUN
cblr-1213	610	119	under	under	ADP
cblr-1213	610	120	the	the	DET
cblr-1213	610	121	rules	rule	NOUN
cblr-1213	610	122	further	far	ADV
cblr-1213	610	123	discourages	discourage	VERB
cblr-1213	610	124	a	a	DET
cblr-1213	610	125	first	first	ADJ
cblr-1213	610	126	-	-	PUNCT
cblr-1213	610	127	mover	mover	NOUN
cblr-1213	610	128	advantage.187	advantage.187	NOUN
cblr-1213	610	129	181	181	NUM
cblr-1213	610	130	the	the	DET
cblr-1213	610	131	first	first	ADJ
cblr-1213	610	132	mover	mover	NOUN
cblr-1213	610	133	advantage	advantage	NOUN
cblr-1213	610	134	identifies	identify	VERB
cblr-1213	610	135	the	the	DET
cblr-1213	610	136	incentive	incentive	NOUN
cblr-1213	610	137	to	to	PART
cblr-1213	610	138	sell	sell	VERB
cblr-1213	610	139	before	before	SCONJ
cblr-1213	610	140	the	the	DET
cblr-1213	610	141	transaction	transaction	NOUN
cblr-1213	610	142	costs	cost	NOUN
cblr-1213	610	143	of	of	ADP
cblr-1213	610	144	a	a	DET
cblr-1213	610	145	large	large	ADJ
cblr-1213	610	146	redemption	redemption	NOUN
cblr-1213	610	147	are	be	AUX
cblr-1213	610	148	incurred	incur	VERB
cblr-1213	610	149	.	.	PUNCT
cblr-1213	611	1	a	a	DET
cblr-1213	611	2	shareholder	shareholder	NOUN
cblr-1213	611	3	not	not	PART
cblr-1213	611	4	personally	personally	ADV
cblr-1213	611	5	interested	interested	ADJ
cblr-1213	611	6	in	in	ADP
cblr-1213	611	7	selling	sell	VERB
cblr-1213	611	8	shares	share	NOUN
cblr-1213	611	9	may	may	AUX
cblr-1213	611	10	decide	decide	VERB
cblr-1213	611	11	to	to	PART
cblr-1213	611	12	do	do	VERB
cblr-1213	611	13	so	so	ADV
cblr-1213	611	14	if	if	SCONJ
cblr-1213	611	15	they	they	PRON
cblr-1213	611	16	perceive	perceive	VERB
cblr-1213	611	17	that	that	SCONJ
cblr-1213	611	18	other	other	ADJ
cblr-1213	611	19	,	,	PUNCT
cblr-1213	611	20	especially	especially	ADV
cblr-1213	611	21	large	large	ADJ
cblr-1213	611	22	,	,	PUNCT
cblr-1213	611	23	shareholders	shareholder	NOUN
cblr-1213	611	24	will	will	AUX
cblr-1213	611	25	redeem	redeem	VERB
cblr-1213	611	26	their	their	PRON
cblr-1213	611	27	shares	share	NOUN
cblr-1213	611	28	.	.	PUNCT
cblr-1213	612	1	the	the	DET
cblr-1213	612	2	incentive	incentive	NOUN
cblr-1213	612	3	to	to	PART
cblr-1213	612	4	be	be	AUX
cblr-1213	612	5	the	the	DET
cblr-1213	612	6	first	first	ADJ
cblr-1213	612	7	,	,	PUNCT
cblr-1213	612	8	if	if	SCONJ
cblr-1213	612	9	shared	share	VERB
cblr-1213	612	10	among	among	ADP
cblr-1213	612	11	a	a	DET
cblr-1213	612	12	large	large	ADJ
cblr-1213	612	13	group	group	NOUN
cblr-1213	612	14	of	of	ADP
cblr-1213	612	15	shareholders	shareholder	NOUN
cblr-1213	612	16	,	,	PUNCT
cblr-1213	612	17	can	can	AUX
cblr-1213	612	18	create	create	VERB
cblr-1213	612	19	a	a	DET
cblr-1213	612	20	run	run	NOUN
cblr-1213	612	21	on	on	ADP
cblr-1213	612	22	a	a	DET
cblr-1213	612	23	fund	fund	NOUN
cblr-1213	612	24	,	,	PUNCT
cblr-1213	612	25	which	which	PRON
cblr-1213	612	26	accelerates	accelerate	VERB
cblr-1213	612	27	the	the	DET
cblr-1213	612	28	negative	negative	ADJ
cblr-1213	612	29	pricing	pricing	NOUN
cblr-1213	612	30	pressures	pressure	NOUN
cblr-1213	612	31	that	that	PRON
cblr-1213	612	32	funds	fund	NOUN
cblr-1213	612	33	may	may	AUX
cblr-1213	612	34	experience	experience	VERB
cblr-1213	612	35	when	when	SCONJ
cblr-1213	612	36	they	they	PRON
cblr-1213	612	37	need	need	VERB
cblr-1213	612	38	to	to	PART
cblr-1213	612	39	meet	meet	VERB
cblr-1213	612	40	large	large	ADJ
cblr-1213	612	41	redemption	redemption	NOUN
cblr-1213	612	42	orders	order	NOUN
cblr-1213	612	43	.	.	PUNCT
cblr-1213	613	1	see	see	VERB
cblr-1213	613	2	final	final	ADJ
cblr-1213	613	3	rules	rule	NOUN
cblr-1213	613	4	,	,	PUNCT
cblr-1213	613	5	supra	supra	PROPN
cblr-1213	613	6	note	note	NOUN
cblr-1213	613	7	4	4	NUM
cblr-1213	613	8	,	,	PUNCT
cblr-1213	613	9	at	at	ADP
cblr-1213	613	10	82091	82091	NUM
cblr-1213	613	11	.	.	PUNCT
cblr-1213	614	1	182	182	NUM
cblr-1213	615	1	i	i	PRON
cblr-1213	615	2	d.	d.	NOUN
cblr-1213	615	3	at	at	ADP
cblr-1213	615	4	82086	82086	NUM
cblr-1213	615	5	.	.	PUNCT
cblr-1213	616	1	183	183	NUM
cblr-1213	617	1	i	i	PROPN
cblr-1213	617	2	d.	d.	PROPN
cblr-1213	617	3	184	184	NUM
cblr-1213	618	1	i	i	PROPN
cblr-1213	618	2	d.	d.	PROPN
cblr-1213	618	3	185	185	NUM
cblr-1213	619	1	i	i	PRON
cblr-1213	619	2	d.	d.	PROPN
cblr-1213	619	3	at	at	ADP
cblr-1213	619	4	82091	82091	NUM
cblr-1213	619	5	.	.	PUNCT
cblr-1213	620	1	cf	cf	NOUN
cblr-1213	620	2	.	.	PUNCT
cblr-1213	621	1	eaton	eaton	PROPN
cblr-1213	621	2	vance	vance	PROPN
cblr-1213	621	3	comment	comment	NOUN
cblr-1213	621	4	letter	letter	NOUN
cblr-1213	621	5	,	,	PUNCT
cblr-1213	621	6	supra	supra	PROPN
cblr-1213	621	7	note	note	PROPN
cblr-1213	621	8	170	170	NUM
cblr-1213	621	9	,	,	PUNCT
cblr-1213	621	10	at	at	ADP
cblr-1213	621	11	9	9	NUM
cblr-1213	621	12	(	(	PUNCT
cblr-1213	621	13	arguing	argue	VERB
cblr-1213	621	14	that	that	SCONJ
cblr-1213	621	15	an	an	DET
cblr-1213	621	16	undisclosed	undisclosed	ADJ
cblr-1213	621	17	swing	swing	NOUN
cblr-1213	621	18	factor	factor	NOUN
cblr-1213	621	19	and	and	CCONJ
cblr-1213	621	20	threshold	threshold	NOUN
cblr-1213	621	21	can	can	AUX
cblr-1213	621	22	not	not	PART
cblr-1213	621	23	meaningfully	meaningfully	ADV
cblr-1213	621	24	influence	influence	VERB
cblr-1213	621	25	shareholder	shareholder	NOUN
cblr-1213	621	26	behavior	behavior	NOUN
cblr-1213	621	27	)	)	PUNCT
cblr-1213	621	28	.	.	PUNCT
cblr-1213	622	1	186	186	NUM
cblr-1213	622	2	final	final	ADJ
cblr-1213	622	3	rules	rule	NOUN
cblr-1213	622	4	,	,	PUNCT
cblr-1213	622	5	supra	supra	PROPN
cblr-1213	622	6	note	note	NOUN
cblr-1213	622	7	4	4	NUM
cblr-1213	622	8	,	,	PUNCT
cblr-1213	622	9	at	at	ADP
cblr-1213	622	10	82091	82091	NUM
cblr-1213	622	11	.	.	PUNCT
cblr-1213	623	1	187	187	NUM
cblr-1213	624	1	i	i	PRON
cblr-1213	624	2	d.	d.	PROPN
cblr-1213	624	3	at	at	ADP
cblr-1213	624	4	82091	82091	NUM
cblr-1213	624	5	,	,	PUNCT
cblr-1213	624	6	82096–97	82096–97	NUM
cblr-1213	624	7	.	.	PUNCT
cblr-1213	625	1	“	"	PUNCT
cblr-1213	625	2	swing	swing	NOUN
cblr-1213	625	3	pricing	pricing	NOUN
cblr-1213	625	4	provides	provide	VERB
cblr-1213	625	5	funds	fund	NOUN
cblr-1213	625	6	with	with	ADP
cblr-1213	625	7	an	an	DET
cblr-1213	625	8	additional	additional	ADJ
cblr-1213	625	9	tool	tool	NOUN
cblr-1213	625	10	to	to	PART
cblr-1213	625	11	pass	pass	VERB
cblr-1213	625	12	estimated	estimate	VERB
cblr-1213	625	13	near	near	ADJ
cblr-1213	625	14	-	-	PUNCT
cblr-1213	625	15	term	term	NOUN
cblr-1213	625	16	costs	cost	NOUN
cblr-1213	625	17	stemming	stem	VERB
cblr-1213	625	18	from	from	ADP
cblr-1213	625	19	shareholder	shareholder	NOUN
cblr-1213	625	20	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	625	21	170	170	NUM
cblr-1213	625	22	columbia	columbia	PROPN
cblr-1213	625	23	business	business	NOUN
cblr-1213	625	24	law	law	PROPN
cblr-1213	625	25	review	review	NOUN
cblr-1213	626	1	[	[	X
cblr-1213	626	2	vol	vol	NOUN
cblr-1213	626	3	.	.	NOUN
cblr-1213	626	4	2018	2018	NUM
cblr-1213	626	5	an	an	DET
cblr-1213	626	6	equalization	equalization	NOUN
cblr-1213	626	7	rationale	rationale	NOUN
cblr-1213	626	8	or	or	CCONJ
cblr-1213	626	9	level	level	NOUN
cblr-1213	626	10	mutual	mutual	ADJ
cblr-1213	626	11	fund	fund	NOUN
cblr-1213	626	12	playing	playing	NOUN
cblr-1213	626	13	field	field	NOUN
cblr-1213	626	14	may	may	AUX
cblr-1213	626	15	be	be	AUX
cblr-1213	626	16	a	a	DET
cblr-1213	626	17	silent	silent	ADJ
cblr-1213	626	18	or	or	CCONJ
cblr-1213	626	19	unacknowledged	unacknowledged	ADJ
cblr-1213	626	20	force	force	NOUN
cblr-1213	626	21	behind	behind	ADP
cblr-1213	626	22	the	the	DET
cblr-1213	626	23	swing	swing	NOUN
cblr-1213	626	24	pricing	pricing	NOUN
cblr-1213	626	25	rules.188	rules.188	ADJ
cblr-1213	626	26	mutual	mutual	ADJ
cblr-1213	626	27	funds	fund	NOUN
cblr-1213	626	28	currently	currently	ADV
cblr-1213	626	29	enjoy	enjoy	VERB
cblr-1213	626	30	popular	popular	ADJ
cblr-1213	626	31	and	and	CCONJ
cblr-1213	626	32	policy	policy	NOUN
cblr-1213	626	33	prominence	prominence	NOUN
cblr-1213	626	34	in	in	ADP
cblr-1213	626	35	retirement	retirement	NOUN
cblr-1213	626	36	savings	saving	NOUN
cblr-1213	626	37	.	.	PUNCT
cblr-1213	627	1	mutual	mutual	ADJ
cblr-1213	627	2	funds	fund	NOUN
cblr-1213	627	3	are	be	AUX
cblr-1213	627	4	a	a	DET
cblr-1213	627	5	key	key	ADJ
cblr-1213	627	6	design	design	NOUN
cblr-1213	627	7	component	component	NOUN
cblr-1213	627	8	of	of	ADP
cblr-1213	627	9	individual	individual	ADJ
cblr-1213	627	10	investors	investor	NOUN
cblr-1213	627	11	’	’	PART
cblr-1213	627	12	financial	financial	ADJ
cblr-1213	627	13	stability	stability	NOUN
cblr-1213	627	14	and	and	CCONJ
cblr-1213	627	15	in	in	ADP
cblr-1213	627	16	american	american	ADJ
cblr-1213	627	17	retirement	retirement	NOUN
cblr-1213	627	18	policy	policy	NOUN
cblr-1213	627	19	.	.	PUNCT
cblr-1213	628	1	perceived	perceive	VERB
cblr-1213	628	2	,	,	PUNCT
cblr-1213	628	3	and	and	CCONJ
cblr-1213	628	4	documented	document	VERB
cblr-1213	628	5	,	,	PUNCT
cblr-1213	628	6	inequities	inequity	NOUN
cblr-1213	628	7	in	in	ADP
cblr-1213	628	8	the	the	DET
cblr-1213	628	9	system	system	NOUN
cblr-1213	628	10	are	be	AUX
cblr-1213	628	11	undesirable	undesirable	ADJ
cblr-1213	628	12	,	,	PUNCT
cblr-1213	628	13	particularly	particularly	ADV
cblr-1213	628	14	those	those	PRON
cblr-1213	628	15	without	without	ADP
cblr-1213	628	16	a	a	DET
cblr-1213	628	17	market	market	NOUN
cblr-1213	628	18	solution	solution	NOUN
cblr-1213	628	19	that	that	PRON
cblr-1213	628	20	extract	extract	VERB
cblr-1213	628	21	costs	cost	NOUN
cblr-1213	628	22	from	from	ADP
cblr-1213	628	23	long	long	ADJ
cblr-1213	628	24	-	-	PUNCT
cblr-1213	628	25	term	term	NOUN
cblr-1213	628	26	retirement	retirement	NOUN
cblr-1213	628	27	investors	investor	NOUN
cblr-1213	628	28	.	.	PUNCT
cblr-1213	629	1	mutual	mutual	ADJ
cblr-1213	629	2	fund	fund	NOUN
cblr-1213	629	3	inattention	inattention	NOUN
cblr-1213	629	4	to	to	ADP
cblr-1213	629	5	disparities	disparity	NOUN
cblr-1213	629	6	may	may	AUX
cblr-1213	629	7	create	create	VERB
cblr-1213	629	8	a	a	DET
cblr-1213	629	9	public	public	ADJ
cblr-1213	629	10	relations	relation	NOUN
cblr-1213	629	11	crisis	crisis	NOUN
cblr-1213	629	12	,	,	PUNCT
cblr-1213	629	13	if	if	SCONJ
cblr-1213	629	14	not	not	PART
cblr-1213	629	15	a	a	DET
cblr-1213	629	16	regulatory	regulatory	ADJ
cblr-1213	629	17	one	one	NOUN
cblr-1213	629	18	,	,	PUNCT
cblr-1213	629	19	in	in	ADP
cblr-1213	629	20	the	the	DET
cblr-1213	629	21	future	future	NOUN
cblr-1213	629	22	—	—	PUNCT
cblr-1213	629	23	the	the	DET
cblr-1213	629	24	kind	kind	NOUN
cblr-1213	629	25	that	that	PRON
cblr-1213	629	26	leads	lead	VERB
cblr-1213	629	27	to	to	ADP
cblr-1213	629	28	severe	severe	ADJ
cblr-1213	629	29	intervention	intervention	NOUN
cblr-1213	629	30	or	or	CCONJ
cblr-1213	629	31	more	more	ADV
cblr-1213	629	32	restrictive	restrictive	ADJ
cblr-1213	629	33	regulation	regulation	NOUN
cblr-1213	629	34	,	,	PUNCT
cblr-1213	629	35	in	in	ADP
cblr-1213	629	36	addition	addition	NOUN
cblr-1213	629	37	to	to	ADP
cblr-1213	629	38	public	public	ADJ
cblr-1213	629	39	backlash	backlash	NOUN
cblr-1213	629	40	.	.	PUNCT
cblr-1213	630	1	the	the	DET
cblr-1213	630	2	optional	optional	ADJ
cblr-1213	630	3	swing	swing	NOUN
cblr-1213	630	4	pricing	pricing	NOUN
cblr-1213	630	5	rules	rule	NOUN
cblr-1213	630	6	may	may	AUX
cblr-1213	630	7	be	be	AUX
cblr-1213	630	8	an	an	DET
cblr-1213	630	9	opportunity	opportunity	NOUN
cblr-1213	630	10	for	for	SCONJ
cblr-1213	630	11	mutual	mutual	ADJ
cblr-1213	630	12	funds	fund	NOUN
cblr-1213	630	13	to	to	PART
cblr-1213	630	14	address	address	VERB
cblr-1213	630	15	these	these	DET
cblr-1213	630	16	inequities	inequity	NOUN
cblr-1213	630	17	on	on	ADP
cblr-1213	630	18	mostly	mostly	ADV
cblr-1213	630	19	their	their	PRON
cblr-1213	630	20	own	own	ADJ
cblr-1213	630	21	terms	term	NOUN
cblr-1213	630	22	and	and	CCONJ
cblr-1213	630	23	timetable	timetable	NOUN
cblr-1213	630	24	without	without	ADP
cblr-1213	630	25	more	more	ADV
cblr-1213	630	26	onerous	onerous	ADJ
cblr-1213	630	27	sec	sec	PROPN
cblr-1213	630	28	intervention	intervention	NOUN
cblr-1213	630	29	.	.	PUNCT
cblr-1213	631	1	while	while	SCONJ
cblr-1213	631	2	not	not	PART
cblr-1213	631	3	explicitly	explicitly	ADV
cblr-1213	631	4	stated	state	VERB
cblr-1213	631	5	in	in	ADP
cblr-1213	631	6	any	any	PRON
cblr-1213	631	7	of	of	ADP
cblr-1213	631	8	the	the	DET
cblr-1213	631	9	comments	comment	NOUN
cblr-1213	631	10	or	or	CCONJ
cblr-1213	631	11	the	the	DET
cblr-1213	631	12	sec	sec	PROPN
cblr-1213	631	13	’s	’s	PART
cblr-1213	631	14	preamble	preamble	NOUN
cblr-1213	631	15	to	to	ADP
cblr-1213	631	16	the	the	DET
cblr-1213	631	17	swing	swing	NOUN
cblr-1213	631	18	pricing	pricing	NOUN
cblr-1213	631	19	rules	rule	NOUN
cblr-1213	631	20	,	,	PUNCT
cblr-1213	631	21	the	the	DET
cblr-1213	631	22	equalization	equalization	NOUN
cblr-1213	631	23	and	and	CCONJ
cblr-1213	631	24	public	public	ADJ
cblr-1213	631	25	opinion	opinion	NOUN
cblr-1213	631	26	rationales	rationale	NOUN
cblr-1213	631	27	may	may	AUX
cblr-1213	631	28	be	be	AUX
cblr-1213	631	29	driving	drive	VERB
cblr-1213	631	30	forces	force	NOUN
cblr-1213	631	31	behind	behind	ADP
cblr-1213	631	32	the	the	DET
cblr-1213	631	33	rules	rule	NOUN
cblr-1213	631	34	.	.	PUNCT
cblr-1213	632	1	b.	b.	PROPN
cblr-1213	632	2	swing	swing	NOUN
cblr-1213	632	3	pricing	pricing	NOUN
cblr-1213	632	4	obstacles	obstacle	NOUN
cblr-1213	632	5	challenges	challenge	NOUN
cblr-1213	632	6	litter	litter	VERB
cblr-1213	632	7	the	the	DET
cblr-1213	632	8	path	path	NOUN
cblr-1213	632	9	to	to	ADP
cblr-1213	632	10	achieving	achieve	VERB
cblr-1213	632	11	the	the	DET
cblr-1213	632	12	promised	promise	VERB
cblr-1213	632	13	benefits	benefit	NOUN
cblr-1213	632	14	of	of	ADP
cblr-1213	632	15	swing	swing	NOUN
cblr-1213	632	16	pricing	pricing	NOUN
cblr-1213	632	17	described	describe	VERB
cblr-1213	632	18	above	above	ADV
cblr-1213	632	19	,	,	PUNCT
cblr-1213	632	20	and	and	CCONJ
cblr-1213	632	21	they	they	PRON
cblr-1213	632	22	are	be	AUX
cblr-1213	632	23	catalogued	catalogue	VERB
cblr-1213	632	24	in	in	ADP
cblr-1213	632	25	this	this	DET
cblr-1213	632	26	subsection	subsection	NOUN
cblr-1213	632	27	.	.	PUNCT
cblr-1213	633	1	these	these	DET
cblr-1213	633	2	challenges	challenge	NOUN
cblr-1213	633	3	may	may	AUX
cblr-1213	633	4	be	be	AUX
cblr-1213	633	5	thought	think	VERB
cblr-1213	633	6	of	of	ADP
cblr-1213	633	7	as	as	ADV
cblr-1213	633	8	operational	operational	ADJ
cblr-1213	633	9	and	and	CCONJ
cblr-1213	633	10	conceptual	conceptual	ADJ
cblr-1213	633	11	in	in	ADP
cblr-1213	633	12	origin	origin	NOUN
cblr-1213	633	13	.	.	PUNCT
cblr-1213	634	1	the	the	DET
cblr-1213	634	2	operational	operational	ADJ
cblr-1213	634	3	challenges	challenge	NOUN
cblr-1213	634	4	purchase	purchase	NOUN
cblr-1213	634	5	or	or	CCONJ
cblr-1213	634	6	redemption	redemption	NOUN
cblr-1213	634	7	activity	activity	NOUN
cblr-1213	634	8	on	on	ADP
cblr-1213	634	9	to	to	ADP
cblr-1213	634	10	the	the	DET
cblr-1213	634	11	shareholders	shareholder	NOUN
cblr-1213	634	12	associated	associate	VERB
cblr-1213	634	13	with	with	ADP
cblr-1213	634	14	that	that	DET
cblr-1213	634	15	activity	activity	NOUN
cblr-1213	634	16	,	,	PUNCT
cblr-1213	634	17	and	and	CCONJ
cblr-1213	634	18	could	could	AUX
cblr-1213	634	19	therefore	therefore	ADV
cblr-1213	634	20	lessen	lessen	VERB
cblr-1213	634	21	dilution	dilution	NOUN
cblr-1213	634	22	of	of	ADP
cblr-1213	634	23	non	non	ADJ
cblr-1213	634	24	-	-	ADJ
cblr-1213	634	25	transacting	transacting	ADJ
cblr-1213	634	26	shareholders	shareholder	NOUN
cblr-1213	634	27	and	and	CCONJ
cblr-1213	634	28	limit	limit	VERB
cblr-1213	634	29	any	any	DET
cblr-1213	634	30	possible	possible	ADJ
cblr-1213	634	31	redemptions	redemption	NOUN
cblr-1213	634	32	motivated	motivate	VERB
cblr-1213	634	33	by	by	ADP
cblr-1213	634	34	a	a	DET
cblr-1213	634	35	potential	potential	ADJ
cblr-1213	634	36	first	first	ADJ
cblr-1213	634	37	-	-	PUNCT
cblr-1213	634	38	mover	mover	NOUN
cblr-1213	634	39	advantage	advantage	NOUN
cblr-1213	634	40	.	.	PUNCT
cblr-1213	634	41	”	"	PUNCT
cblr-1213	635	1	i	i	PRON
cblr-1213	635	2	d.	d.	VERB
cblr-1213	635	3	at	at	ADP
cblr-1213	635	4	82121	82121	NUM
cblr-1213	635	5	.	.	PUNCT
cblr-1213	636	1	188	188	NUM
cblr-1213	636	2	consider	consider	VERB
cblr-1213	636	3	,	,	PUNCT
cblr-1213	636	4	for	for	ADP
cblr-1213	636	5	example	example	NOUN
cblr-1213	636	6	,	,	PUNCT
cblr-1213	636	7	the	the	DET
cblr-1213	636	8	text	text	NOUN
cblr-1213	636	9	accompanying	accompany	VERB
cblr-1213	636	10	the	the	DET
cblr-1213	636	11	swing	swing	NOUN
cblr-1213	636	12	pricing	pricing	NOUN
cblr-1213	636	13	rules	rule	NOUN
cblr-1213	636	14	:	:	PUNCT
cblr-1213	636	15	in	in	ADP
cblr-1213	636	16	order	order	NOUN
cblr-1213	636	17	to	to	PART
cblr-1213	636	18	effectively	effectively	ADV
cblr-1213	636	19	mitigate	mitigate	VERB
cblr-1213	636	20	possible	possible	ADJ
cblr-1213	636	21	dilution	dilution	NOUN
cblr-1213	636	22	arising	arise	VERB
cblr-1213	636	23	in	in	ADP
cblr-1213	636	24	connection	connection	NOUN
cblr-1213	636	25	with	with	ADP
cblr-1213	636	26	shareholder	shareholder	NOUN
cblr-1213	636	27	purchase	purchase	NOUN
cblr-1213	636	28	and	and	CCONJ
cblr-1213	636	29	redemption	redemption	NOUN
cblr-1213	636	30	activity	activity	NOUN
cblr-1213	636	31	,	,	PUNCT
cblr-1213	636	32	a	a	DET
cblr-1213	636	33	fund	fund	NOUN
cblr-1213	636	34	’s	’s	PART
cblr-1213	636	35	swing	swing	NOUN
cblr-1213	636	36	threshold	threshold	NOUN
cblr-1213	636	37	should	should	AUX
cblr-1213	636	38	generally	generally	ADV
cblr-1213	636	39	reflect	reflect	VERB
cblr-1213	636	40	the	the	DET
cblr-1213	636	41	estimated	estimate	VERB
cblr-1213	636	42	point	point	NOUN
cblr-1213	636	43	at	at	ADP
cblr-1213	636	44	which	which	PRON
cblr-1213	636	45	net	net	ADJ
cblr-1213	636	46	purchases	purchase	NOUN
cblr-1213	636	47	or	or	CCONJ
cblr-1213	636	48	net	net	ADJ
cblr-1213	636	49	redemptions	redemption	NOUN
cblr-1213	636	50	would	would	AUX
cblr-1213	636	51	trigger	trigger	VERB
cblr-1213	636	52	the	the	DET
cblr-1213	636	53	fund	fund	NOUN
cblr-1213	636	54	’s	’s	PART
cblr-1213	636	55	investment	investment	NOUN
cblr-1213	636	56	adviser	adviser	NOUN
cblr-1213	636	57	to	to	PART
cblr-1213	636	58	trade	trade	VERB
cblr-1213	636	59	portfolio	portfolio	NOUN
cblr-1213	636	60	assets	asset	NOUN
cblr-1213	636	61	in	in	ADP
cblr-1213	636	62	the	the	DET
cblr-1213	636	63	near	near	ADJ
cblr-1213	636	64	term	term	NOUN
cblr-1213	636	65	,	,	PUNCT
cblr-1213	636	66	to	to	ADP
cblr-1213	636	67	a	a	DET
cblr-1213	636	68	degree	degree	NOUN
cblr-1213	636	69	or	or	CCONJ
cblr-1213	636	70	of	of	ADP
cblr-1213	636	71	a	a	DET
cblr-1213	636	72	type	type	NOUN
cblr-1213	636	73	that	that	PRON
cblr-1213	636	74	may	may	AUX
cblr-1213	636	75	generate	generate	VERB
cblr-1213	636	76	material	material	NOUN
cblr-1213	636	77	liquidity	liquidity	NOUN
cblr-1213	636	78	or	or	CCONJ
cblr-1213	636	79	transaction	transaction	NOUN
cblr-1213	636	80	costs	cost	NOUN
cblr-1213	636	81	for	for	ADP
cblr-1213	636	82	the	the	DET
cblr-1213	636	83	fund	fund	NOUN
cblr-1213	636	84	.	.	PUNCT
cblr-1213	637	1	i	i	PRON
cblr-1213	637	2	d.	d.	PROPN
cblr-1213	637	3	at	at	ADP
cblr-1213	637	4	82096	82096	NUM
cblr-1213	637	5	.	.	PUNCT
cblr-1213	638	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	639	1	no	no	INTJ
cblr-1213	639	2	.	.	PUNCT
cblr-1213	640	1	1:130	1:130	NUM
cblr-1213	640	2	]	]	X
cblr-1213	640	3	will	will	AUX
cblr-1213	640	4	swing	swing	VERB
cblr-1213	640	5	pricing	pricing	NOUN
cblr-1213	640	6	save	save	VERB
cblr-1213	640	7	sedentary	sedentary	ADJ
cblr-1213	640	8	shareholders	shareholder	NOUN
cblr-1213	640	9	?	?	PUNCT
cblr-1213	641	1	171	171	NUM
cblr-1213	641	2	relate	relate	VERB
cblr-1213	641	3	to	to	ADP
cblr-1213	641	4	fund	fund	NOUN
cblr-1213	641	5	data	datum	NOUN
cblr-1213	641	6	,	,	PUNCT
cblr-1213	641	7	the	the	DET
cblr-1213	641	8	mechanics	mechanic	NOUN
cblr-1213	641	9	of	of	ADP
cblr-1213	641	10	the	the	DET
cblr-1213	641	11	mutual	mutual	ADJ
cblr-1213	641	12	fund	fund	NOUN
cblr-1213	641	13	market	market	NOUN
cblr-1213	641	14	,	,	PUNCT
cblr-1213	641	15	and	and	CCONJ
cblr-1213	641	16	funds	fund	NOUN
cblr-1213	641	17	’	'	PUNCT
cblr-1213	641	18	risk	risk	NOUN
cblr-1213	641	19	in	in	ADP
cblr-1213	641	20	cost	cost	NOUN
cblr-1213	641	21	estimates	estimate	NOUN
cblr-1213	641	22	without	without	ADP
cblr-1213	641	23	a	a	DET
cblr-1213	641	24	safe	safe	ADJ
cblr-1213	641	25	harbor	harbor	NOUN
cblr-1213	641	26	.	.	PUNCT
cblr-1213	642	1	conceptually	conceptually	ADV
cblr-1213	642	2	,	,	PUNCT
cblr-1213	642	3	swing	swing	NOUN
cblr-1213	642	4	pricing	pricing	NOUN
cblr-1213	642	5	rules	rule	NOUN
cblr-1213	642	6	raise	raise	VERB
cblr-1213	642	7	concerns	concern	NOUN
cblr-1213	642	8	about	about	ADP
cblr-1213	642	9	price	price	NOUN
cblr-1213	642	10	volatility	volatility	NOUN
cblr-1213	642	11	,	,	PUNCT
cblr-1213	642	12	imperfect	imperfect	ADJ
cblr-1213	642	13	equalization	equalization	NOUN
cblr-1213	642	14	among	among	ADP
cblr-1213	642	15	mutual	mutual	ADJ
cblr-1213	642	16	fund	fund	NOUN
cblr-1213	642	17	shareholders	shareholder	NOUN
cblr-1213	642	18	,	,	PUNCT
cblr-1213	642	19	and	and	CCONJ
cblr-1213	642	20	compliance	compliance	NOUN
cblr-1213	642	21	costs	cost	NOUN
cblr-1213	642	22	and	and	CCONJ
cblr-1213	642	23	priority	priority	NOUN
cblr-1213	642	24	.	.	PUNCT
cblr-1213	643	1	conceptual	conceptual	ADJ
cblr-1213	643	2	criticisms	criticism	NOUN
cblr-1213	643	3	would	would	AUX
cblr-1213	643	4	persist	persist	VERB
cblr-1213	643	5	even	even	ADV
cblr-1213	643	6	after	after	ADP
cblr-1213	643	7	a	a	DET
cblr-1213	643	8	mutual	mutual	ADJ
cblr-1213	643	9	fund	fund	NOUN
cblr-1213	643	10	industry	industry	NOUN
cblr-1213	643	11	operations	operation	NOUN
cblr-1213	643	12	adjustment	adjustment	NOUN
cblr-1213	643	13	to	to	PART
cblr-1213	643	14	implement	implement	VERB
cblr-1213	643	15	swing	swing	NOUN
cblr-1213	643	16	pricing	pricing	NOUN
cblr-1213	643	17	.	.	PUNCT
cblr-1213	644	1	part	part	NOUN
cblr-1213	644	2	vi	vi	PROPN
cblr-1213	644	3	evaluates	evaluate	VERB
cblr-1213	644	4	the	the	DET
cblr-1213	644	5	relative	relative	ADJ
cblr-1213	644	6	impediments	impediment	NOUN
cblr-1213	644	7	posed	pose	VERB
cblr-1213	644	8	by	by	ADP
cblr-1213	644	9	these	these	DET
cblr-1213	644	10	challenges	challenge	NOUN
cblr-1213	644	11	from	from	ADP
cblr-1213	644	12	both	both	CCONJ
cblr-1213	644	13	academic	academic	ADJ
cblr-1213	644	14	and	and	CCONJ
cblr-1213	644	15	industry	industry	NOUN
cblr-1213	644	16	perspectives	perspective	NOUN
cblr-1213	644	17	.	.	PUNCT
cblr-1213	645	1	1	1	X
cblr-1213	645	2	.	.	X
cblr-1213	645	3	operational	operational	ADJ
cblr-1213	645	4	challenges	challenge	NOUN
cblr-1213	645	5	blackrock	blackrock	NOUN
cblr-1213	645	6	and	and	CCONJ
cblr-1213	645	7	vanguard	vanguard	PROPN
cblr-1213	645	8	,	,	PUNCT
cblr-1213	645	9	two	two	NUM
cblr-1213	645	10	of	of	ADP
cblr-1213	645	11	the	the	DET
cblr-1213	645	12	largest	large	ADJ
cblr-1213	645	13	u.s	u.s	PROPN
cblr-1213	645	14	.	.	PROPN
cblr-1213	645	15	mutual	mutual	ADJ
cblr-1213	645	16	funds	fund	NOUN
cblr-1213	645	17	,	,	PUNCT
cblr-1213	645	18	expressed	express	VERB
cblr-1213	645	19	support	support	NOUN
cblr-1213	645	20	for	for	ADP
cblr-1213	645	21	swing	swing	NOUN
cblr-1213	645	22	pricing	pricing	NOUN
cblr-1213	645	23	as	as	ADP
cblr-1213	645	24	an	an	DET
cblr-1213	645	25	option	option	NOUN
cblr-1213	645	26	to	to	PART
cblr-1213	645	27	mitigate	mitigate	VERB
cblr-1213	645	28	shareholder	shareholder	NOUN
cblr-1213	645	29	dilution	dilution	NOUN
cblr-1213	645	30	while	while	SCONJ
cblr-1213	645	31	simultaneously	simultaneously	ADV
cblr-1213	645	32	cautioning	caution	VERB
cblr-1213	645	33	that	that	SCONJ
cblr-1213	645	34	the	the	DET
cblr-1213	645	35	u.s	u.s	PROPN
cblr-1213	645	36	.	.	PROPN
cblr-1213	645	37	mutual	mutual	ADJ
cblr-1213	645	38	fund	fund	NOUN
cblr-1213	645	39	industry	industry	NOUN
cblr-1213	645	40	does	do	AUX
cblr-1213	645	41	not	not	PART
cblr-1213	645	42	have	have	VERB
cblr-1213	645	43	the	the	DET
cblr-1213	645	44	pricing	pricing	NOUN
cblr-1213	645	45	and	and	CCONJ
cblr-1213	645	46	data	datum	NOUN
cblr-1213	645	47	capabilities	capability	NOUN
cblr-1213	645	48	to	to	PART
cblr-1213	645	49	successfully	successfully	ADV
cblr-1213	645	50	implement	implement	VERB
cblr-1213	645	51	it.189	it.189	ADP
cblr-1213	645	52	a	a	DET
cblr-1213	645	53	seemingly	seemingly	ADV
cblr-1213	645	54	insurmountable	insurmountable	ADJ
cblr-1213	645	55	time	time	NOUN
cblr-1213	645	56	conflict	conflict	NOUN
cblr-1213	645	57	exists	exist	VERB
cblr-1213	645	58	for	for	ADP
cblr-1213	645	59	mutual	mutual	ADJ
cblr-1213	645	60	funds	fund	NOUN
cblr-1213	645	61	under	under	ADP
cblr-1213	645	62	current	current	ADJ
cblr-1213	645	63	procedures	procedure	NOUN
cblr-1213	645	64	.	.	PUNCT
cblr-1213	646	1	funds	fund	NOUN
cblr-1213	646	2	receive	receive	VERB
cblr-1213	646	3	the	the	DET
cblr-1213	646	4	information	information	NOUN
cblr-1213	646	5	needed	need	VERB
cblr-1213	646	6	to	to	PART
cblr-1213	646	7	trigger	trigger	VERB
cblr-1213	646	8	swing	swing	NOUN
cblr-1213	646	9	pricing	pricing	NOUN
cblr-1213	646	10	late	late	ADV
cblr-1213	646	11	in	in	ADP
cblr-1213	646	12	the	the	DET
cblr-1213	646	13	day	day	NOUN
cblr-1213	646	14	,	,	PUNCT
cblr-1213	646	15	but	but	CCONJ
cblr-1213	646	16	must	must	AUX
cblr-1213	646	17	report	report	VERB
cblr-1213	646	18	either	either	CCONJ
cblr-1213	646	19	a	a	DET
cblr-1213	646	20	standard	standard	NOUN
cblr-1213	646	21	or	or	CCONJ
cblr-1213	646	22	swung	swing	VERB
cblr-1213	646	23	nav	nav	NOUN
cblr-1213	646	24	early	early	ADV
cblr-1213	646	25	in	in	ADP
cblr-1213	646	26	the	the	DET
cblr-1213	646	27	day	day	NOUN
cblr-1213	646	28	.	.	PUNCT
cblr-1213	647	1	this	this	DET
cblr-1213	647	2	time	time	NOUN
cblr-1213	647	3	conflict	conflict	NOUN
cblr-1213	647	4	creates	create	VERB
cblr-1213	647	5	a	a	DET
cblr-1213	647	6	scenario	scenario	NOUN
cblr-1213	647	7	where	where	SCONJ
cblr-1213	647	8	funds	fund	NOUN
cblr-1213	647	9	may	may	AUX
cblr-1213	647	10	end	end	VERB
cblr-1213	647	11	up	up	ADP
cblr-1213	647	12	electing	elect	VERB
cblr-1213	647	13	to	to	PART
cblr-1213	647	14	swing	swing	VERB
cblr-1213	647	15	the	the	DET
cblr-1213	647	16	fund	fund	NOUN
cblr-1213	647	17	with	with	ADP
cblr-1213	647	18	incomplete	incomplete	ADJ
cblr-1213	647	19	information	information	NOUN
cblr-1213	647	20	—	—	PUNCT
cblr-1213	647	21	aptly	aptly	ADV
cblr-1213	647	22	called	call	VERB
cblr-1213	647	23	blind	blind	ADJ
cblr-1213	647	24	swinging	swinging	NOUN
cblr-1213	647	25	—	—	PUNCT
cblr-1213	647	26	and	and	CCONJ
cblr-1213	647	27	must	must	AUX
cblr-1213	647	28	do	do	VERB
cblr-1213	647	29	so	so	ADV
cblr-1213	647	30	without	without	ADP
cblr-1213	647	31	a	a	DET
cblr-1213	647	32	liability	liability	NOUN
cblr-1213	647	33	shield	shield	NOUN
cblr-1213	647	34	.	.	PUNCT
cblr-1213	648	1	the	the	DET
cblr-1213	648	2	mutual	mutual	ADJ
cblr-1213	648	3	fund	fund	NOUN
cblr-1213	648	4	industry	industry	NOUN
cblr-1213	648	5	is	be	AUX
cblr-1213	648	6	understandably	understandably	ADV
cblr-1213	648	7	nervous	nervous	ADJ
cblr-1213	648	8	about	about	ADP
cblr-1213	648	9	these	these	DET
cblr-1213	648	10	crucial	crucial	ADJ
cblr-1213	648	11	operational	operational	ADJ
cblr-1213	648	12	questions	question	NOUN
cblr-1213	648	13	because	because	SCONJ
cblr-1213	648	14	any	any	DET
cblr-1213	648	15	change	change	NOUN
cblr-1213	648	16	to	to	ADP
cblr-1213	648	17	operating	operating	NOUN
cblr-1213	648	18	procedures	procedure	NOUN
cblr-1213	648	19	will	will	AUX
cblr-1213	648	20	affect	affect	VERB
cblr-1213	648	21	mutual	mutual	ADJ
cblr-1213	648	22	funds	fund	NOUN
cblr-1213	648	23	and	and	CCONJ
cblr-1213	648	24	the	the	DET
cblr-1213	648	25	intermediaries	intermediary	NOUN
cblr-1213	648	26	that	that	PRON
cblr-1213	648	27	service	service	VERB
cblr-1213	648	28	them	they	PRON
cblr-1213	648	29	.	.	PUNCT
cblr-1213	649	1	in	in	ADP
cblr-1213	649	2	short	short	ADJ
cblr-1213	649	3	,	,	PUNCT
cblr-1213	649	4	operational	operational	ADJ
cblr-1213	649	5	changes	change	NOUN
cblr-1213	649	6	are	be	AUX
cblr-1213	649	7	necessary	necessary	ADJ
cblr-1213	649	8	189	189	NUM
cblr-1213	649	9	blackrock	blackrock	NOUN
cblr-1213	649	10	and	and	CCONJ
cblr-1213	649	11	vanguard	vanguard	NOUN
cblr-1213	649	12	,	,	PUNCT
cblr-1213	649	13	large	large	ADJ
cblr-1213	649	14	institutional	institutional	ADJ
cblr-1213	649	15	players	player	NOUN
cblr-1213	649	16	in	in	ADP
cblr-1213	649	17	the	the	DET
cblr-1213	649	18	mutual	mutual	ADJ
cblr-1213	649	19	fund	fund	NOUN
cblr-1213	649	20	industry	industry	NOUN
cblr-1213	649	21	,	,	PUNCT
cblr-1213	649	22	express	express	VERB
cblr-1213	649	23	support	support	NOUN
cblr-1213	649	24	for	for	ADP
cblr-1213	649	25	swing	swing	NOUN
cblr-1213	649	26	pricing	pricing	NOUN
cblr-1213	649	27	as	as	ADV
cblr-1213	649	28	well	well	ADV
cblr-1213	649	29	as	as	ADP
cblr-1213	649	30	concerns	concern	NOUN
cblr-1213	649	31	regarding	regard	VERB
cblr-1213	649	32	the	the	DET
cblr-1213	649	33	current	current	ADJ
cblr-1213	649	34	operational	operational	ADJ
cblr-1213	649	35	viability	viability	NOUN
cblr-1213	649	36	of	of	ADP
cblr-1213	649	37	swing	swing	NOUN
cblr-1213	649	38	pricing	pricing	NOUN
cblr-1213	649	39	in	in	ADP
cblr-1213	649	40	the	the	DET
cblr-1213	649	41	united	united	PROPN
cblr-1213	649	42	states	states	PROPN
cblr-1213	649	43	,	,	PUNCT
cblr-1213	649	44	stating	state	VERB
cblr-1213	649	45	that	that	SCONJ
cblr-1213	649	46	the	the	DET
cblr-1213	649	47	sec	sec	PROPN
cblr-1213	649	48	should	should	AUX
cblr-1213	649	49	delay	delay	VERB
cblr-1213	649	50	the	the	DET
cblr-1213	649	51	rule	rule	NOUN
cblr-1213	649	52	or	or	CCONJ
cblr-1213	649	53	assist	assist	VERB
cblr-1213	649	54	in	in	ADP
cblr-1213	649	55	facilitating	facilitate	VERB
cblr-1213	649	56	industry	industry	NOUN
cblr-1213	649	57	change	change	NOUN
cblr-1213	649	58	that	that	PRON
cblr-1213	649	59	would	would	AUX
cblr-1213	649	60	be	be	AUX
cblr-1213	649	61	necessary	necessary	ADJ
cblr-1213	649	62	to	to	PART
cblr-1213	649	63	implement	implement	VERB
cblr-1213	649	64	swing	swing	NOUN
cblr-1213	649	65	pricing	pricing	NOUN
cblr-1213	649	66	.	.	PUNCT
cblr-1213	650	1	see	see	VERB
cblr-1213	650	2	barbara	barbara	PROPN
cblr-1213	650	3	novick	novick	PROPN
cblr-1213	650	4	&	&	CCONJ
cblr-1213	650	5	benjamin	benjamin	PROPN
cblr-1213	650	6	archibald	archibald	PROPN
cblr-1213	650	7	,	,	PUNCT
cblr-1213	650	8	blackrock	blackrock	PROPN
cblr-1213	650	9	,	,	PUNCT
cblr-1213	650	10	comment	comment	NOUN
cblr-1213	650	11	letter	letter	NOUN
cblr-1213	650	12	on	on	ADP
cblr-1213	650	13	swing	swing	NOUN
cblr-1213	650	14	pricing	pricing	NOUN
cblr-1213	650	15	,	,	PUNCT
cblr-1213	650	16	at	at	ADP
cblr-1213	650	17	7	7	NUM
cblr-1213	650	18	(	(	PUNCT
cblr-1213	650	19	jan	jan	PROPN
cblr-1213	650	20	.	.	PROPN
cblr-1213	650	21	13	13	NUM
cblr-1213	650	22	,	,	PUNCT
cblr-1213	650	23	2016	2016	NUM
cblr-1213	650	24	)	)	PUNCT
cblr-1213	650	25	,	,	PUNCT
cblr-1213	650	26	https://www.sec.gov/comments/s7-16-15/s7161536.pdf	https://www.sec.gov/comments/s7-16-15/s7161536.pdf	PROPN
cblr-1213	650	27	[	[	X
cblr-1213	650	28	perma.cc/x2ky-hwh7	perma.cc/x2ky-hwh7	X
cblr-1213	650	29	]	]	X
cblr-1213	650	30	;	;	PUNCT
cblr-1213	650	31	see	see	VERB
cblr-1213	650	32	also	also	ADV
cblr-1213	650	33	mortimer	mortimer	PROPN
cblr-1213	650	34	j.	j.	PROPN
cblr-1213	650	35	buckley	buckley	PROPN
cblr-1213	650	36	,	,	PUNCT
cblr-1213	650	37	vanguard	vanguard	NOUN
cblr-1213	650	38	,	,	PUNCT
cblr-1213	650	39	comment	comment	NOUN
cblr-1213	650	40	letter	letter	NOUN
cblr-1213	650	41	on	on	ADP
cblr-1213	650	42	swing	swing	NOUN
cblr-1213	650	43	pricing	pricing	NOUN
cblr-1213	650	44	,	,	PUNCT
cblr-1213	650	45	at	at	ADP
cblr-1213	650	46	16–17	16–17	PROPN
cblr-1213	650	47	(	(	PUNCT
cblr-1213	650	48	jan	jan	PROPN
cblr-1213	650	49	.	.	PROPN
cblr-1213	650	50	6	6	NUM
cblr-1213	650	51	,	,	PUNCT
cblr-1213	650	52	2016	2016	NUM
cblr-1213	650	53	)	)	PUNCT
cblr-1213	650	54	,	,	PUNCT
cblr-1213	650	55	https://www.sec.gov/comments/s7-16-15/s71615-29.pdf	https://www.sec.gov/comments/s7-16-15/s71615-29.pdf	NOUN
cblr-1213	650	56	.	.	PUNCT
cblr-1213	651	1	[	[	X
cblr-1213	651	2	perma.cc/bv6xfew7	perma.cc/bv6xfew7	X
cblr-1213	651	3	]	]	PUNCT
cblr-1213	651	4	.	.	PUNCT
cblr-1213	652	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	652	2	172	172	NUM
cblr-1213	652	3	columbia	columbia	PROPN
cblr-1213	652	4	business	business	NOUN
cblr-1213	652	5	law	law	PROPN
cblr-1213	652	6	review	review	NOUN
cblr-1213	652	7	[	[	X
cblr-1213	652	8	vol	vol	NOUN
cblr-1213	652	9	.	.	NOUN
cblr-1213	652	10	2018	2018	NUM
cblr-1213	652	11	to	to	PART
cblr-1213	652	12	implement	implement	VERB
cblr-1213	652	13	swing	swing	NOUN
cblr-1213	652	14	pricing	pricing	NOUN
cblr-1213	652	15	,	,	PUNCT
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cblr-1213	652	17	those	those	DET
cblr-1213	652	18	changes	change	NOUN
cblr-1213	652	19	will	will	AUX
cblr-1213	652	20	be	be	AUX
cblr-1213	652	21	timeconsuming	timeconsuming	ADJ
cblr-1213	652	22	,	,	PUNCT
cblr-1213	652	23	costly	costly	ADJ
cblr-1213	652	24	,	,	PUNCT
cblr-1213	652	25	and	and	CCONJ
cblr-1213	652	26	difficult	difficult	ADJ
cblr-1213	652	27	.	.	PUNCT
cblr-1213	653	1	a.	a.	PROPN
cblr-1213	653	2	mutual	mutual	PROPN
cblr-1213	653	3	fund	fund	PROPN
cblr-1213	653	4	data	data	PROPN
cblr-1213	653	5	&	&	CCONJ
cblr-1213	653	6	market	market	NOUN
cblr-1213	653	7	timing	time	VERB
cblr-1213	653	8	the	the	DET
cblr-1213	653	9	timing	timing	NOUN
cblr-1213	653	10	of	of	ADP
cblr-1213	653	11	u.s	u.s	PROPN
cblr-1213	653	12	.	.	PROPN
cblr-1213	653	13	mutual	mutual	ADJ
cblr-1213	653	14	fund	fund	NOUN
cblr-1213	653	15	operations	operation	NOUN
cblr-1213	653	16	creates	create	VERB
cblr-1213	653	17	a	a	DET
cblr-1213	653	18	“	"	PUNCT
cblr-1213	653	19	blind	blind	ADJ
cblr-1213	653	20	”	"	PUNCT
cblr-1213	653	21	swing	swing	NOUN
cblr-1213	653	22	pricing	pricing	NOUN
cblr-1213	653	23	implementation	implementation	NOUN
cblr-1213	653	24	where	where	SCONJ
cblr-1213	653	25	funds	fund	NOUN
cblr-1213	653	26	must	must	AUX
cblr-1213	653	27	declare	declare	VERB
cblr-1213	653	28	the	the	DET
cblr-1213	653	29	trading	trading	NOUN
cblr-1213	653	30	threshold	threshold	NOUN
cblr-1213	653	31	met	meet	VERB
cblr-1213	653	32	without	without	ADP
cblr-1213	653	33	complete	complete	ADJ
cblr-1213	653	34	trading	trading	NOUN
cblr-1213	653	35	information	information	NOUN
cblr-1213	653	36	.	.	PUNCT
cblr-1213	654	1	twenty	twenty	NUM
cblr-1213	654	2	sec	sec	PROPN
cblr-1213	654	3	comments	comment	NOUN
cblr-1213	654	4	discussed	discuss	VERB
cblr-1213	654	5	these	these	DET
cblr-1213	654	6	data	datum	NOUN
cblr-1213	654	7	timing	timing	NOUN
cblr-1213	654	8	challenges	challenge	NOUN
cblr-1213	654	9	,	,	PUNCT
cblr-1213	654	10	approximately	approximately	ADV
cblr-1213	654	11	forty	forty	NUM
cblr-1213	654	12	-	-	PUNCT
cblr-1213	654	13	two	two	NUM
cblr-1213	654	14	percent	percent	NOUN
cblr-1213	654	15	of	of	ADP
cblr-1213	654	16	the	the	DET
cblr-1213	654	17	comments	comment	NOUN
cblr-1213	654	18	received.190	received.190	VERB
cblr-1213	654	19	several	several	ADJ
cblr-1213	654	20	industry	industry	NOUN
cblr-1213	654	21	commentators	commentator	NOUN
cblr-1213	654	22	decried	decry	VERB
cblr-1213	654	23	the	the	DET
cblr-1213	654	24	existing	exist	VERB
cblr-1213	654	25	operational	operational	ADJ
cblr-1213	654	26	feasibility	feasibility	NOUN
cblr-1213	654	27	in	in	ADP
cblr-1213	654	28	the	the	DET
cblr-1213	654	29	mutual	mutual	ADJ
cblr-1213	654	30	fund	fund	NOUN
cblr-1213	654	31	industry	industry	NOUN
cblr-1213	654	32	,	,	PUNCT
cblr-1213	654	33	and	and	CCONJ
cblr-1213	654	34	its	its	PRON
cblr-1213	654	35	reliance	reliance	NOUN
cblr-1213	654	36	on	on	ADP
cblr-1213	654	37	intermediaries	intermediary	NOUN
cblr-1213	654	38	,	,	PUNCT
cblr-1213	654	39	to	to	PART
cblr-1213	654	40	support	support	VERB
cblr-1213	654	41	swing	swing	NOUN
cblr-1213	654	42	pricing.191	pricing.191	NOUN
cblr-1213	654	43	consider	consider	VERB
cblr-1213	654	44	first	first	ADV
cblr-1213	654	45	that	that	SCONJ
cblr-1213	654	46	u.s	u.s	PROPN
cblr-1213	654	47	.	.	PROPN
cblr-1213	654	48	mutual	mutual	ADJ
cblr-1213	654	49	funds	fund	NOUN
cblr-1213	654	50	strike	strike	VERB
cblr-1213	654	51	the	the	DET
cblr-1213	654	52	daily	daily	ADJ
cblr-1213	654	53	nav	nav	NOUN
cblr-1213	654	54	shortly	shortly	ADV
cblr-1213	654	55	after	after	ADP
cblr-1213	654	56	the	the	DET
cblr-1213	654	57	trading	trading	NOUN
cblr-1213	654	58	deadline	deadline	NOUN
cblr-1213	654	59	of	of	ADP
cblr-1213	654	60	4:00	4:00	NUM
cblr-1213	654	61	pm	pm	NOUN
cblr-1213	654	62	(	(	PUNCT
cblr-1213	654	63	eastern	eastern	ADJ
cblr-1213	654	64	standard	standard	ADJ
cblr-1213	654	65	time	time	NOUN
cblr-1213	654	66	zone	zone	NOUN
cblr-1213	654	67	)	)	PUNCT
cblr-1213	654	68	,	,	PUNCT
cblr-1213	654	69	the	the	DET
cblr-1213	654	70	time	time	NOUN
cblr-1213	654	71	by	by	ADP
cblr-1213	654	72	which	which	PRON
cblr-1213	654	73	most	most	ADJ
cblr-1213	654	74	funds	fund	NOUN
cblr-1213	654	75	receive	receive	VERB
cblr-1213	654	76	their	their	PRON
cblr-1213	654	77	purchase	purchase	NOUN
cblr-1213	654	78	and	and	CCONJ
cblr-1213	654	79	redemption	redemption	NOUN
cblr-1213	654	80	orders.192	orders.192	NOUN
cblr-1213	654	81	funds	fund	NOUN
cblr-1213	654	82	would	would	AUX
cblr-1213	654	83	swing	swing	VERB
cblr-1213	654	84	the	the	DET
cblr-1213	654	85	daily	daily	ADJ
cblr-1213	654	86	nav	nav	NOUN
cblr-1213	654	87	price	price	NOUN
cblr-1213	654	88	,	,	PUNCT
cblr-1213	654	89	if	if	SCONJ
cblr-1213	654	90	appropriate	appropriate	ADJ
cblr-1213	654	91	,	,	PUNCT
cblr-1213	654	92	by	by	ADP
cblr-1213	654	93	adjusting	adjust	VERB
cblr-1213	654	94	it	it	PRON
cblr-1213	654	95	per	per	ADP
cblr-1213	654	96	the	the	DET
cblr-1213	654	97	swing	swing	NOUN
cblr-1213	654	98	factor	factor	NOUN
cblr-1213	654	99	for	for	ADP
cblr-1213	654	100	liquidity	liquidity	NOUN
cblr-1213	654	101	costs	cost	NOUN
cblr-1213	654	102	due	due	ADJ
cblr-1213	654	103	to	to	ADP
cblr-1213	654	104	trading	trading	NOUN
cblr-1213	654	105	volumes	volume	NOUN
cblr-1213	654	106	.	.	PUNCT
cblr-1213	655	1	broker	broker	NOUN
cblr-1213	655	2	-	-	PUNCT
cblr-1213	655	3	dealers	dealer	NOUN
cblr-1213	655	4	and	and	CCONJ
cblr-1213	655	5	other	other	ADJ
cblr-1213	655	6	intermediaries	intermediary	NOUN
cblr-1213	655	7	like	like	ADP
cblr-1213	655	8	retirement	retirement	NOUN
cblr-1213	655	9	accounts	account	NOUN
cblr-1213	655	10	,	,	PUNCT
cblr-1213	655	11	however	however	ADV
cblr-1213	655	12	,	,	PUNCT
cblr-1213	655	13	are	be	AUX
cblr-1213	655	14	permitted	permit	VERB
cblr-1213	655	15	to	to	PART
cblr-1213	655	16	transmit	transmit	VERB
cblr-1213	655	17	orders	order	NOUN
cblr-1213	655	18	to	to	ADP
cblr-1213	655	19	funds	fund	NOUN
cblr-1213	655	20	after	after	ADP
cblr-1213	655	21	the	the	DET
cblr-1213	655	22	4:00	4:00	NUM
cblr-1213	655	23	pm	pm	NOUN
cblr-1213	655	24	deadline	deadline	NOUN
cblr-1213	655	25	and	and	CCONJ
cblr-1213	655	26	after	after	ADP
cblr-1213	655	27	the	the	DET
cblr-1213	655	28	nav	nav	NOUN
cblr-1213	655	29	price	price	NOUN
cblr-1213	655	30	is	be	AUX
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cblr-1213	655	32	the	the	DET
cblr-1213	655	33	4:00	4:00	NUM
cblr-1213	655	34	pm	pm	NOUN
cblr-1213	655	35	trading	trading	NOUN
cblr-1213	655	36	deadline	deadline	NOUN
cblr-1213	655	37	applies	apply	VERB
cblr-1213	655	38	to	to	ADP
cblr-1213	655	39	intermediaries	intermediary	NOUN
cblr-1213	655	40	,	,	PUNCT
cblr-1213	655	41	who	who	PRON
cblr-1213	655	42	may	may	AUX
cblr-1213	655	43	receive	receive	VERB
cblr-1213	655	44	a	a	DET
cblr-1213	655	45	190	190	NUM
cblr-1213	655	46	see	see	NOUN
cblr-1213	655	47	e.g.	e.g.	ADV
cblr-1213	655	48	,	,	PUNCT
cblr-1213	655	49	inv	inv	ADJ
cblr-1213	655	50	.	.	PUNCT
cblr-1213	655	51	co.	co.	PROPN
cblr-1213	655	52	inst	inst	PROPN
cblr-1213	655	53	.	.	PUNCT
cblr-1213	655	54	comment	comment	NOUN
cblr-1213	655	55	letter	letter	NOUN
cblr-1213	655	56	,	,	PUNCT
cblr-1213	655	57	supra	supra	PROPN
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cblr-1213	655	59	9	9	NUM
cblr-1213	655	60	,	,	PUNCT
cblr-1213	655	61	at	at	ADP
cblr-1213	655	62	21	21	NUM
cblr-1213	655	63	(	(	PUNCT
cblr-1213	655	64	discussing	discuss	VERB
cblr-1213	655	65	the	the	DET
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cblr-1213	655	67	challenges	challenge	NOUN
cblr-1213	655	68	of	of	ADP
cblr-1213	655	69	the	the	DET
cblr-1213	655	70	“	"	PUNCT
cblr-1213	655	71	arbitrary	arbitrary	ADJ
cblr-1213	655	72	time	time	NOUN
cblr-1213	655	73	intervals	interval	NOUN
cblr-1213	655	74	”	"	PUNCT
cblr-1213	655	75	in	in	ADP
cblr-1213	655	76	the	the	DET
cblr-1213	655	77	proposed	propose	VERB
cblr-1213	655	78	rules	rule	NOUN
cblr-1213	655	79	)	)	PUNCT
cblr-1213	655	80	;	;	PUNCT
cblr-1213	655	81	see	see	VERB
cblr-1213	655	82	also	also	ADV
cblr-1213	655	83	supra	supra	ADJ
cblr-1213	655	84	figure	figure	NOUN
cblr-1213	655	85	1	1	NUM
cblr-1213	655	86	.	.	PUNCT
cblr-1213	656	1	for	for	ADP
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cblr-1213	656	7	on	on	ADP
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cblr-1213	656	9	proposed	propose	VERB
cblr-1213	656	10	rule	rule	NOUN
cblr-1213	656	11	:	:	PUNCT
cblr-1213	656	12	open	open	ADJ
cblr-1213	656	13	-	-	PUNCT
cblr-1213	656	14	end	end	NOUN
cblr-1213	656	15	fund	fund	NOUN
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cblr-1213	656	17	risk	risk	NOUN
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cblr-1213	656	20	;	;	PUNCT
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cblr-1213	656	23	;	;	PUNCT
cblr-1213	656	24	re	re	VERB
cblr-1213	656	25	-	-	VERB
cblr-1213	656	26	opening	opening	NOUN
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cblr-1213	656	36	,	,	PUNCT
cblr-1213	656	37	visit	visit	VERB
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cblr-1213	657	4	.	.	PUNCT
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cblr-1213	658	22	,	,	PUNCT
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cblr-1213	659	4	(	(	PUNCT
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cblr-1213	659	23	”	"	PUNCT
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cblr-1213	661	3	at	at	ADP
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cblr-1213	662	1	see	see	VERB
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cblr-1213	662	6	&	&	CCONJ
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cblr-1213	662	10	,	,	PUNCT
cblr-1213	662	11	sec	sec	PROPN
cblr-1213	662	12	.	.	PROPN
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cblr-1213	662	14	.	.	PUNCT
cblr-1213	663	1	and	and	CCONJ
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cblr-1213	664	2	.	.	PUNCT
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cblr-1213	664	4	.	.	PUNCT
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cblr-1213	665	2	,	,	PUNCT
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cblr-1213	665	4	letter	letter	NOUN
cblr-1213	665	5	on	on	ADP
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cblr-1213	665	7	pricing	pricing	NOUN
cblr-1213	665	8	(	(	PUNCT
cblr-1213	665	9	jan	jan	PROPN
cblr-1213	665	10	.	.	PROPN
cblr-1213	665	11	13	13	NUM
cblr-1213	665	12	,	,	PUNCT
cblr-1213	665	13	2016	2016	NUM
cblr-1213	665	14	)	)	PUNCT
cblr-1213	665	15	,	,	PUNCT
cblr-1213	665	16	https://www.sec.gov/comments/s7-16-15/s71615-65.pdf	https://www.sec.gov/comments/s7-16-15/s71615-65.pdf	PROPN
cblr-1213	665	17	[	[	X
cblr-1213	665	18	perma.cc/	perma.cc/	NOUN
cblr-1213	665	19	ub97	ub97	PROPN
cblr-1213	665	20	-	-	PUNCT
cblr-1213	665	21	ppy9	ppy9	PROPN
cblr-1213	665	22	]	]	PUNCT
cblr-1213	665	23	(	(	PUNCT
cblr-1213	665	24	setting	set	VERB
cblr-1213	665	25	out	out	ADP
cblr-1213	665	26	in	in	ADP
cblr-1213	665	27	detail	detail	NOUN
cblr-1213	665	28	the	the	DET
cblr-1213	665	29	timing	timing	NOUN
cblr-1213	665	30	of	of	ADP
cblr-1213	665	31	receipt	receipt	NOUN
cblr-1213	665	32	of	of	ADP
cblr-1213	665	33	fund	fund	NOUN
cblr-1213	665	34	flow	flow	NOUN
cblr-1213	665	35	information	information	NOUN
cblr-1213	665	36	to	to	ADP
cblr-1213	665	37	u.s	u.s	PROPN
cblr-1213	665	38	.	.	PROPN
cblr-1213	665	39	mutual	mutual	ADJ
cblr-1213	665	40	funds	fund	NOUN
cblr-1213	665	41	)	)	PUNCT
cblr-1213	665	42	.	.	PUNCT
cblr-1213	666	1	193	193	NUM
cblr-1213	666	2	vanguard	vanguard	NOUN
cblr-1213	666	3	comment	comment	NOUN
cblr-1213	666	4	letter	letter	NOUN
cblr-1213	666	5	,	,	PUNCT
cblr-1213	666	6	supra	supra	PROPN
cblr-1213	666	7	note	note	NOUN
cblr-1213	666	8	189	189	NUM
cblr-1213	666	9	,	,	PUNCT
cblr-1213	666	10	at	at	ADP
cblr-1213	666	11	17	17	NUM
cblr-1213	666	12	n.47	n.47	NOUN
cblr-1213	666	13	.	.	PUNCT
cblr-1213	667	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	667	2	no	no	INTJ
cblr-1213	667	3	.	.	PUNCT
cblr-1213	668	1	1:130	1:130	NUM
cblr-1213	668	2	]	]	X
cblr-1213	668	3	will	will	AUX
cblr-1213	668	4	swing	swing	VERB
cblr-1213	668	5	pricing	pricing	NOUN
cblr-1213	668	6	save	save	VERB
cblr-1213	668	7	sedentary	sedentary	ADJ
cblr-1213	668	8	shareholders	shareholder	NOUN
cblr-1213	668	9	?	?	PUNCT
cblr-1213	669	1	173	173	NUM
cblr-1213	669	2	purchase	purchase	NOUN
cblr-1213	669	3	or	or	CCONJ
cblr-1213	669	4	sale	sale	NOUN
cblr-1213	669	5	order	order	NOUN
cblr-1213	669	6	from	from	ADP
cblr-1213	669	7	individual	individual	ADJ
cblr-1213	669	8	investors	investor	NOUN
cblr-1213	669	9	through	through	ADP
cblr-1213	669	10	the	the	DET
cblr-1213	669	11	close	close	NOUN
cblr-1213	669	12	of	of	ADP
cblr-1213	669	13	trading	trading	NOUN
cblr-1213	669	14	.	.	PUNCT
cblr-1213	670	1	intermediaries	intermediary	NOUN
cblr-1213	670	2	need	need	VERB
cblr-1213	670	3	time	time	NOUN
cblr-1213	670	4	to	to	PART
cblr-1213	670	5	aggregate	aggregate	VERB
cblr-1213	670	6	and	and	CCONJ
cblr-1213	670	7	transmit	transmit	VERB
cblr-1213	670	8	the	the	DET
cblr-1213	670	9	buy	buy	NOUN
cblr-1213	670	10	and	and	CCONJ
cblr-1213	670	11	sell	sell	VERB
cblr-1213	670	12	orders	order	NOUN
cblr-1213	670	13	to	to	ADP
cblr-1213	670	14	the	the	DET
cblr-1213	670	15	respective	respective	ADJ
cblr-1213	670	16	funds	fund	NOUN
cblr-1213	670	17	,	,	PUNCT
cblr-1213	670	18	which	which	PRON
cblr-1213	670	19	happens	happen	VERB
cblr-1213	670	20	after	after	ADP
cblr-1213	670	21	the	the	DET
cblr-1213	670	22	4:00	4:00	NUM
cblr-1213	670	23	pm	pm	NOUN
cblr-1213	670	24	trading	trading	NOUN
cblr-1213	670	25	deadline	deadline	NOUN
cblr-1213	670	26	,	,	PUNCT
cblr-1213	670	27	and	and	CCONJ
cblr-1213	670	28	processing	processing	NOUN
cblr-1213	670	29	occurs	occur	VERB
cblr-1213	670	30	throughout	throughout	ADP
cblr-1213	670	31	the	the	DET
cblr-1213	670	32	night.194	night.194	PROPN
cblr-1213	670	33	mutual	mutual	ADJ
cblr-1213	670	34	funds	fund	NOUN
cblr-1213	670	35	strike	strike	VERB
cblr-1213	670	36	the	the	DET
cblr-1213	670	37	nav	nav	NOUN
cblr-1213	670	38	between	between	ADP
cblr-1213	670	39	6:00–8:00	6:00–8:00	NUM
cblr-1213	670	40	pm	pm	NOUN
cblr-1213	670	41	,	,	PUNCT
cblr-1213	670	42	and	and	CCONJ
cblr-1213	670	43	often	often	ADV
cblr-1213	670	44	without	without	ADP
cblr-1213	670	45	complete	complete	ADJ
cblr-1213	670	46	purchase	purchase	NOUN
cblr-1213	670	47	order	order	NOUN
cblr-1213	670	48	information.195	information.195	PROPN
cblr-1213	670	49	while	while	SCONJ
cblr-1213	670	50	broker	broker	NOUN
cblr-1213	670	51	-	-	PUNCT
cblr-1213	670	52	dealer	dealer	NOUN
cblr-1213	670	53	intermediaries	intermediary	NOUN
cblr-1213	670	54	may	may	AUX
cblr-1213	670	55	accept	accept	VERB
cblr-1213	670	56	orders	order	NOUN
cblr-1213	670	57	until	until	ADP
cblr-1213	670	58	4:00	4:00	NUM
cblr-1213	670	59	pm	pm	NOUN
cblr-1213	670	60	,	,	PUNCT
cblr-1213	670	61	these	these	DET
cblr-1213	670	62	intermediaries	intermediary	NOUN
cblr-1213	670	63	do	do	AUX
cblr-1213	670	64	not	not	PART
cblr-1213	670	65	transmit	transmit	VERB
cblr-1213	670	66	the	the	DET
cblr-1213	670	67	orders	order	NOUN
cblr-1213	670	68	to	to	ADP
cblr-1213	670	69	the	the	DET
cblr-1213	670	70	fund	fund	NOUN
cblr-1213	670	71	company	company	NOUN
cblr-1213	670	72	until	until	ADP
cblr-1213	670	73	after	after	ADP
cblr-1213	670	74	4:00	4:00	NUM
cblr-1213	670	75	pm	pm	NOUN
cblr-1213	670	76	.	.	PUNCT
cblr-1213	671	1	in	in	ADP
cblr-1213	671	2	the	the	DET
cblr-1213	671	3	u.s	u.s	PROPN
cblr-1213	671	4	.	.	PROPN
cblr-1213	671	5	,	,	PUNCT
cblr-1213	671	6	a	a	DET
cblr-1213	671	7	significant	significant	ADJ
cblr-1213	671	8	percentage	percentage	NOUN
cblr-1213	671	9	of	of	ADP
cblr-1213	671	10	shareholder	shareholder	NOUN
cblr-1213	671	11	transactions	transaction	NOUN
cblr-1213	671	12	through	through	ADP
cblr-1213	671	13	intermediaries	intermediary	NOUN
cblr-1213	671	14	are	be	AUX
cblr-1213	671	15	not	not	PART
cblr-1213	671	16	transmitted	transmit	VERB
cblr-1213	671	17	to	to	ADP
cblr-1213	671	18	the	the	DET
cblr-1213	671	19	fund	fund	NOUN
cblr-1213	671	20	company	company	NOUN
cblr-1213	671	21	until	until	SCONJ
cblr-1213	671	22	after	after	SCONJ
cblr-1213	671	23	the	the	DET
cblr-1213	671	24	fund	fund	NOUN
cblr-1213	671	25	’s	’s	PART
cblr-1213	671	26	nav	nav	NOUN
cblr-1213	671	27	is	be	AUX
cblr-1213	671	28	calculated	calculate	VERB
cblr-1213	671	29	.	.	PUNCT
cblr-1213	672	1	the	the	DET
cblr-1213	672	2	primary	primary	ADJ
cblr-1213	672	3	mechanism	mechanism	NOUN
cblr-1213	672	4	for	for	ADP
cblr-1213	672	5	these	these	DET
cblr-1213	672	6	intermediaries	intermediary	NOUN
cblr-1213	672	7	to	to	PART
cblr-1213	672	8	submit	submit	VERB
cblr-1213	672	9	trades	trade	NOUN
cblr-1213	672	10	is	be	AUX
cblr-1213	672	11	through	through	ADP
cblr-1213	672	12	the	the	DET
cblr-1213	672	13	national	national	ADJ
cblr-1213	672	14	securities	securities	PROPN
cblr-1213	672	15	clearing	clearing	NOUN
cblr-1213	672	16	corporation	corporation	NOUN
cblr-1213	672	17	,	,	PUNCT
cblr-1213	672	18	which	which	PRON
cblr-1213	672	19	allows	allow	VERB
cblr-1213	672	20	intermediaries	intermediary	NOUN
cblr-1213	672	21	to	to	PART
cblr-1213	672	22	transmit	transmit	VERB
cblr-1213	672	23	the	the	DET
cblr-1213	672	24	amount	amount	NOUN
cblr-1213	672	25	of	of	ADP
cblr-1213	672	26	shares	share	NOUN
cblr-1213	672	27	until	until	ADP
cblr-1213	672	28	8:30	8:30	NUM
cblr-1213	672	29	pm	pm	NOUN
cblr-1213	672	30	for	for	ADP
cblr-1213	672	31	orders	order	NOUN
cblr-1213	672	32	that	that	PRON
cblr-1213	672	33	met	meet	VERB
cblr-1213	672	34	the	the	DET
cblr-1213	672	35	proper	proper	ADJ
cblr-1213	672	36	order	order	NOUN
cblr-1213	672	37	cutoff	cutoff	NOUN
cblr-1213	672	38	of	of	ADP
cblr-1213	672	39	4:00	4:00	NUM
cblr-1213	672	40	pm.196	pm.196	NOUN
cblr-1213	672	41	the	the	DET
cblr-1213	672	42	securities	security	NOUN
cblr-1213	672	43	industry	industry	NOUN
cblr-1213	672	44	and	and	CCONJ
cblr-1213	672	45	financial	financial	ADJ
cblr-1213	672	46	markets	market	NOUN
cblr-1213	672	47	association	association	NOUN
cblr-1213	672	48	(	(	PUNCT
cblr-1213	672	49	“	"	PUNCT
cblr-1213	672	50	sifma	sifma	NOUN
cblr-1213	672	51	”	"	PUNCT
cblr-1213	672	52	)	)	PUNCT
cblr-1213	672	53	reports	report	VERB
cblr-1213	672	54	that	that	SCONJ
cblr-1213	672	55	an	an	DET
cblr-1213	672	56	estimated	estimate	VERB
cblr-1213	672	57	eighty	eighty	NUM
cblr-1213	672	58	percent	percent	NOUN
cblr-1213	672	59	of	of	ADP
cblr-1213	672	60	shareholders	shareholder	NOUN
cblr-1213	672	61	do	do	AUX
cblr-1213	672	62	not	not	PART
cblr-1213	672	63	invest	invest	VERB
cblr-1213	672	64	directly	directly	ADV
cblr-1213	672	65	with	with	ADP
cblr-1213	672	66	a	a	DET
cblr-1213	672	67	fund	fund	NOUN
cblr-1213	672	68	,	,	PUNCT
cblr-1213	672	69	but	but	CCONJ
cblr-1213	672	70	rather	rather	ADV
cblr-1213	672	71	through	through	ADP
cblr-1213	672	72	a	a	DET
cblr-1213	672	73	financial	financial	ADJ
cblr-1213	672	74	intermediary	intermediary	NOUN
cblr-1213	672	75	such	such	ADJ
cblr-1213	672	76	as	as	ADP
cblr-1213	672	77	a	a	DET
cblr-1213	672	78	retirement	retirement	NOUN
cblr-1213	672	79	plan.197	plan.197	NOUN
cblr-1213	672	80	most	most	ADJ
cblr-1213	672	81	funds	fund	NOUN
cblr-1213	672	82	,	,	PUNCT
cblr-1213	672	83	sima	sima	PROPN
cblr-1213	672	84	cautioned	caution	VERB
cblr-1213	672	85	,	,	PUNCT
cblr-1213	672	86	will	will	AUX
cblr-1213	672	87	not	not	PART
cblr-1213	672	88	“	"	PUNCT
cblr-1213	672	89	have	have	VERB
cblr-1213	672	90	sufficient	sufficient	ADJ
cblr-1213	672	91	information	information	NOUN
cblr-1213	672	92	about	about	ADP
cblr-1213	672	93	fund	fund	NOUN
cblr-1213	672	94	flows	flow	NOUN
cblr-1213	672	95	at	at	ADP
cblr-1213	672	96	the	the	DET
cblr-1213	672	97	time	time	NOUN
cblr-1213	672	98	the	the	DET
cblr-1213	672	99	nav	nav	NOUN
cblr-1213	672	100	is	be	AUX
cblr-1213	672	101	struck	strike	VERB
cblr-1213	672	102	to	to	PART
cblr-1213	672	103	determine	determine	VERB
cblr-1213	672	104	whether	whether	SCONJ
cblr-1213	672	105	the	the	DET
cblr-1213	672	106	swing	swing	NOUN
cblr-1213	672	107	threshold	threshold	NOUN
cblr-1213	672	108	has	have	AUX
cblr-1213	672	109	been	be	AUX
cblr-1213	672	110	breached	breach	VERB
cblr-1213	672	111	and	and	CCONJ
cblr-1213	672	112	thus	thus	ADV
cblr-1213	672	113	the	the	DET
cblr-1213	672	114	nav	nav	NOUN
cblr-1213	672	115	should	should	AUX
cblr-1213	672	116	be	be	AUX
cblr-1213	672	117	adjusted	adjust	VERB
cblr-1213	672	118	.	.	PUNCT
cblr-1213	673	1	”198	”198	ADJ
cblr-1213	673	2	certain	certain	ADJ
cblr-1213	673	3	intermediaries	intermediary	NOUN
cblr-1213	673	4	,	,	PUNCT
cblr-1213	673	5	such	such	ADJ
cblr-1213	673	6	as	as	ADP
cblr-1213	673	7	retirement	retirement	NOUN
cblr-1213	673	8	plans	plan	NOUN
cblr-1213	673	9	and	and	CCONJ
cblr-1213	673	10	insurance	insurance	NOUN
cblr-1213	673	11	companies	company	NOUN
cblr-1213	673	12	,	,	PUNCT
cblr-1213	673	13	may	may	AUX
cblr-1213	673	14	require	require	VERB
cblr-1213	673	15	the	the	DET
cblr-1213	673	16	nav	nav	NOUN
cblr-1213	673	17	before	before	ADP
cblr-1213	673	18	processing	processing	NOUN
cblr-1213	673	19	fund	fund	NOUN
cblr-1213	673	20	trading	trading	NOUN
cblr-1213	673	21	thus	thus	ADV
cblr-1213	673	22	further	far	ADV
cblr-1213	673	23	ex	ex	X
cblr-1213	673	24	194	194	NUM
cblr-1213	674	1	i	i	PRON
cblr-1213	674	2	d.	d.	PROPN
cblr-1213	674	3	see	see	AUX
cblr-1213	674	4	also	also	ADV
cblr-1213	674	5	inv	inv	VERB
cblr-1213	674	6	.	.	PUNCT
cblr-1213	674	7	co.	co.	PROPN
cblr-1213	674	8	inst	inst	PROPN
cblr-1213	674	9	.	.	PROPN
cblr-1213	674	10	,	,	PUNCT
cblr-1213	674	11	evaluating	evaluate	VERB
cblr-1213	674	12	swing	swing	NOUN
cblr-1213	674	13	pricing	pricing	NOUN
cblr-1213	674	14	:	:	PUNCT
cblr-1213	674	15	operational	operational	ADJ
cblr-1213	674	16	considerations	consideration	NOUN
cblr-1213	674	17	6	6	NUM
cblr-1213	674	18	(	(	PUNCT
cblr-1213	674	19	2016	2016	NUM
cblr-1213	674	20	)	)	PUNCT
cblr-1213	674	21	,	,	PUNCT
cblr-1213	674	22	https://www.ici.org/pdf/ppr_16_evaluating_swing_pricing.pdf	https://www.ici.org/pdf/ppr_16_evaluating_swing_pricing.pdf	NOUN
cblr-1213	674	23	[	[	X
cblr-1213	674	24	perma.cc/sy32-jw29	perma.cc/sy32-jw29	X
cblr-1213	674	25	]	]	X
cblr-1213	674	26	[	[	X
cblr-1213	674	27	hereinafter	hereinafter	NOUN
cblr-1213	674	28	inv	inv	VERB
cblr-1213	674	29	.	.	PUNCT
cblr-1213	674	30	co.	co.	PROPN
cblr-1213	674	31	inst	inst	PROPN
cblr-1213	674	32	.	.	PUNCT
cblr-1213	674	33	considerations	consideration	NOUN
cblr-1213	674	34	]	]	PUNCT
cblr-1213	674	35	.	.	PUNCT
cblr-1213	675	1	195	195	NUM
cblr-1213	675	2	vanguard	vanguard	NOUN
cblr-1213	675	3	comment	comment	NOUN
cblr-1213	675	4	letter	letter	NOUN
cblr-1213	675	5	,	,	PUNCT
cblr-1213	675	6	supra	supra	PROPN
cblr-1213	675	7	note	note	NOUN
cblr-1213	675	8	189	189	NUM
cblr-1213	675	9	,	,	PUNCT
cblr-1213	675	10	at	at	ADP
cblr-1213	675	11	17	17	NUM
cblr-1213	675	12	n.47	n.47	NOUN
cblr-1213	675	13	.	.	NOUN
cblr-1213	675	14	see	see	AUX
cblr-1213	675	15	also	also	ADV
cblr-1213	675	16	inv	inv	VERB
cblr-1213	675	17	.	.	PUNCT
cblr-1213	675	18	co.	co.	PROPN
cblr-1213	675	19	inst	inst	PROPN
cblr-1213	675	20	.	.	PUNCT
cblr-1213	675	21	considerations	consideration	NOUN
cblr-1213	675	22	,	,	PUNCT
cblr-1213	675	23	supra	supra	PROPN
cblr-1213	675	24	note	note	NOUN
cblr-1213	675	25	194	194	NUM
cblr-1213	675	26	,	,	PUNCT
cblr-1213	675	27	at	at	ADP
cblr-1213	675	28	6	6	NUM
cblr-1213	675	29	.	.	SYM
cblr-1213	675	30	196	196	NUM
cblr-1213	675	31	fidelity	fidelity	PROPN
cblr-1213	675	32	comment	comment	NOUN
cblr-1213	675	33	letter	letter	NOUN
cblr-1213	675	34	,	,	PUNCT
cblr-1213	675	35	supra	supra	PROPN
cblr-1213	675	36	note	note	NOUN
cblr-1213	675	37	191	191	NUM
cblr-1213	675	38	,	,	PUNCT
cblr-1213	675	39	at	at	ADP
cblr-1213	675	40	12	12	NUM
cblr-1213	675	41	.	.	PUNCT
cblr-1213	675	42	197	197	NUM
cblr-1213	675	43	sec	sec	PROPN
cblr-1213	675	44	.	.	PROPN
cblr-1213	675	45	indus	indus	PROPN
cblr-1213	675	46	.	.	PUNCT
cblr-1213	676	1	and	and	CCONJ
cblr-1213	677	1	fin	fin	NOUN
cblr-1213	677	2	.	.	PUNCT
cblr-1213	677	3	mkts	mkts	NOUN
cblr-1213	677	4	.	.	PUNCT
cblr-1213	678	1	ass’n	ass’n	PROPN
cblr-1213	678	2	,	,	PUNCT
cblr-1213	678	3	supra	supra	PROPN
cblr-1213	678	4	note	note	NOUN
cblr-1213	678	5	192	192	NUM
cblr-1213	678	6	,	,	PUNCT
cblr-1213	678	7	at	at	ADP
cblr-1213	678	8	15–16	15–16	NUM
cblr-1213	678	9	.	.	PUNCT
cblr-1213	679	1	198	198	NUM
cblr-1213	680	1	i	i	PRON
cblr-1213	680	2	d.	d.	PROPN
cblr-1213	680	3	at	at	ADP
cblr-1213	680	4	3	3	NUM
cblr-1213	680	5	.	.	PUNCT
cblr-1213	681	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	681	2	174	174	NUM
cblr-1213	681	3	columbia	columbia	PROPN
cblr-1213	681	4	business	business	NOUN
cblr-1213	681	5	law	law	PROPN
cblr-1213	681	6	review	review	NOUN
cblr-1213	681	7	[	[	X
cblr-1213	681	8	vol	vol	NOUN
cblr-1213	681	9	.	.	PUNCT
cblr-1213	681	10	2018	2018	NUM
cblr-1213	681	11	tending	tend	VERB
cblr-1213	681	12	the	the	DET
cblr-1213	681	13	time	time	NOUN
cblr-1213	681	14	for	for	SCONJ
cblr-1213	681	15	funds	fund	NOUN
cblr-1213	681	16	to	to	PART
cblr-1213	681	17	receive	receive	VERB
cblr-1213	681	18	complete	complete	ADJ
cblr-1213	681	19	trading	trading	NOUN
cblr-1213	681	20	information	information	NOUN
cblr-1213	681	21	and	and	CCONJ
cblr-1213	681	22	complicating	complicate	VERB
cblr-1213	681	23	the	the	DET
cblr-1213	681	24	information	information	NOUN
cblr-1213	681	25	loop	loop	NOUN
cblr-1213	681	26	needed	need	VERB
cblr-1213	681	27	to	to	PART
cblr-1213	681	28	implement	implement	VERB
cblr-1213	681	29	swing	swing	NOUN
cblr-1213	681	30	pricing	pricing	NOUN
cblr-1213	681	31	accurately.199	accurately.199	ADP
cblr-1213	681	32	under	under	ADP
cblr-1213	681	33	swing	swing	NOUN
cblr-1213	681	34	pricing	pricing	NOUN
cblr-1213	681	35	rules	rule	NOUN
cblr-1213	681	36	,	,	PUNCT
cblr-1213	681	37	a	a	DET
cblr-1213	681	38	fund	fund	NOUN
cblr-1213	681	39	must	must	AUX
cblr-1213	681	40	evaluate	evaluate	VERB
cblr-1213	681	41	net	net	ADJ
cblr-1213	681	42	shareholder	shareholder	NOUN
cblr-1213	681	43	activity	activity	NOUN
cblr-1213	681	44	to	to	PART
cblr-1213	681	45	determine	determine	VERB
cblr-1213	681	46	if	if	SCONJ
cblr-1213	681	47	the	the	DET
cblr-1213	681	48	swing	swing	NOUN
cblr-1213	681	49	threshold	threshold	NOUN
cblr-1213	681	50	has	have	AUX
cblr-1213	681	51	been	be	AUX
cblr-1213	681	52	met	meet	VERB
cblr-1213	681	53	before	before	SCONJ
cblr-1213	681	54	the	the	DET
cblr-1213	681	55	nav	nav	NOUN
cblr-1213	681	56	is	be	AUX
cblr-1213	681	57	struck.200	struck.200	PRON
cblr-1213	681	58	the	the	DET
cblr-1213	681	59	most	most	ADV
cblr-1213	681	60	crucial	crucial	ADJ
cblr-1213	681	61	component	component	NOUN
cblr-1213	681	62	of	of	ADP
cblr-1213	681	63	the	the	DET
cblr-1213	681	64	swing	swing	NOUN
cblr-1213	681	65	pricing	pricing	NOUN
cblr-1213	681	66	framework	framework	NOUN
cblr-1213	681	67	is	be	AUX
cblr-1213	681	68	whether	whether	SCONJ
cblr-1213	681	69	the	the	DET
cblr-1213	681	70	swing	swing	NOUN
cblr-1213	681	71	threshold	threshold	NOUN
cblr-1213	681	72	has	have	AUX
cblr-1213	681	73	been	be	AUX
cblr-1213	681	74	met	meet	VERB
cblr-1213	681	75	or	or	CCONJ
cblr-1213	681	76	not	not	PART
cblr-1213	681	77	.	.	PUNCT
cblr-1213	682	1	estimating	estimate	VERB
cblr-1213	682	2	a	a	DET
cblr-1213	682	3	swing	swing	NOUN
cblr-1213	682	4	threshold	threshold	NOUN
cblr-1213	682	5	for	for	ADP
cblr-1213	682	6	purposes	purpose	NOUN
cblr-1213	682	7	of	of	ADP
cblr-1213	682	8	adjusting	adjust	VERB
cblr-1213	682	9	—	—	PUNCT
cblr-1213	682	10	or	or	CCONJ
cblr-1213	682	11	swinging	swinging	NOUN
cblr-1213	682	12	—	—	PUNCT
cblr-1213	682	13	the	the	DET
cblr-1213	682	14	nav	nav	NOUN
cblr-1213	682	15	shortly	shortly	ADV
cblr-1213	682	16	after	after	ADP
cblr-1213	682	17	the	the	DET
cblr-1213	682	18	4:00	4:00	NUM
cblr-1213	682	19	pm	pm	NOUN
cblr-1213	682	20	deadline	deadline	NOUN
cblr-1213	682	21	,	,	PUNCT
cblr-1213	682	22	and	and	CCONJ
cblr-1213	682	23	without	without	ADP
cblr-1213	682	24	complete	complete	ADJ
cblr-1213	682	25	trading	trading	NOUN
cblr-1213	682	26	information	information	NOUN
cblr-1213	682	27	,	,	PUNCT
cblr-1213	682	28	creates	create	VERB
cblr-1213	682	29	an	an	DET
cblr-1213	682	30	operational	operational	ADJ
cblr-1213	682	31	impediment	impediment	NOUN
cblr-1213	682	32	and	and	CCONJ
cblr-1213	682	33	forces	force	NOUN
cblr-1213	682	34	“	"	PUNCT
cblr-1213	682	35	blind	blind	ADJ
cblr-1213	682	36	”	"	PUNCT
cblr-1213	682	37	swinging	swinge	VERB
cblr-1213	682	38	by	by	ADP
cblr-1213	682	39	participating	participate	VERB
cblr-1213	682	40	funds.201	funds.201	NUM
cblr-1213	682	41	one	one	NUM
cblr-1213	682	42	industry	industry	NOUN
cblr-1213	682	43	commentator	commentator	NOUN
cblr-1213	682	44	summarized	summarize	VERB
cblr-1213	682	45	the	the	DET
cblr-1213	682	46	“	"	PUNCT
cblr-1213	682	47	conflicting	conflicting	ADJ
cblr-1213	682	48	requirements	requirement	NOUN
cblr-1213	682	49	”	"	PUNCT
cblr-1213	682	50	:	:	PUNCT
cblr-1213	682	51	established	establish	VERB
cblr-1213	682	52	workflows	workflow	NOUN
cblr-1213	682	53	provide	provide	VERB
cblr-1213	682	54	for	for	ADP
cblr-1213	682	55	the	the	DET
cblr-1213	682	56	broker	broker	NOUN
cblr-1213	682	57	-	-	PUNCT
cblr-1213	682	58	dealers	dealer	NOUN
cblr-1213	682	59	,	,	PUNCT
cblr-1213	682	60	bank	bank	NOUN
cblr-1213	682	61	trust	trust	NOUN
cblr-1213	682	62	departments	department	NOUN
cblr-1213	682	63	,	,	PUNCT
cblr-1213	682	64	retirement	retirement	NOUN
cblr-1213	682	65	recordkeepers	recordkeeper	NOUN
cblr-1213	682	66	and	and	CCONJ
cblr-1213	682	67	other	other	ADJ
cblr-1213	682	68	intermediaries	intermediary	NOUN
cblr-1213	682	69	that	that	PRON
cblr-1213	682	70	process	process	VERB
cblr-1213	682	71	the	the	DET
cblr-1213	682	72	vast	vast	ADJ
cblr-1213	682	73	majority	majority	NOUN
cblr-1213	682	74	of	of	ADP
cblr-1213	682	75	mutual	mutual	ADJ
cblr-1213	682	76	fund	fund	NOUN
cblr-1213	682	77	purchases	purchase	NOUN
cblr-1213	682	78	and	and	CCONJ
cblr-1213	682	79	redemptions	redemption	NOUN
cblr-1213	682	80	to	to	PART
cblr-1213	682	81	use	use	VERB
cblr-1213	682	82	the	the	DET
cblr-1213	682	83	current	current	ADJ
cblr-1213	682	84	transaction	transaction	NOUN
cblr-1213	682	85	price	price	NOUN
cblr-1213	682	86	as	as	ADP
cblr-1213	682	87	an	an	DET
cblr-1213	682	88	input	input	NOUN
cblr-1213	682	89	in	in	ADP
cblr-1213	682	90	their	their	PRON
cblr-1213	682	91	daily	daily	ADJ
cblr-1213	682	92	processing	processing	NOUN
cblr-1213	682	93	.	.	PUNCT
cblr-1213	683	1	among	among	ADP
cblr-1213	683	2	other	other	ADJ
cblr-1213	683	3	considerations	consideration	NOUN
cblr-1213	683	4	,	,	PUNCT
cblr-1213	683	5	intermediaries	intermediary	NOUN
cblr-1213	683	6	require	require	VERB
cblr-1213	683	7	receipt	receipt	NOUN
cblr-1213	683	8	of	of	ADP
cblr-1213	683	9	the	the	DET
cblr-1213	683	10	current	current	ADJ
cblr-1213	683	11	transaction	transaction	NOUN
cblr-1213	683	12	price	price	NOUN
cblr-1213	683	13	to	to	PART
cblr-1213	683	14	translate	translate	VERB
cblr-1213	683	15	the	the	DET
cblr-1213	683	16	value	value	NOUN
cblr-1213	683	17	of	of	ADP
cblr-1213	683	18	customer	customer	NOUN
cblr-1213	683	19	orders	order	NOUN
cblr-1213	683	20	expressed	express	VERB
cblr-1213	683	21	in	in	ADP
cblr-1213	683	22	share	share	NOUN
cblr-1213	683	23	amounts	amount	NOUN
cblr-1213	683	24	or	or	CCONJ
cblr-1213	683	25	as	as	ADP
cblr-1213	683	26	percentages	percentage	NOUN
cblr-1213	683	27	of	of	ADP
cblr-1213	683	28	holdings	holding	NOUN
cblr-1213	683	29	into	into	ADP
cblr-1213	683	30	dollar	dollar	NOUN
cblr-1213	683	31	amounts	amount	NOUN
cblr-1213	683	32	.	.	PUNCT
cblr-1213	684	1	so	so	ADV
cblr-1213	684	2	long	long	ADV
cblr-1213	684	3	as	as	SCONJ
cblr-1213	684	4	fund	fund	NOUN
cblr-1213	684	5	transaction	transaction	NOUN
cblr-1213	684	6	processors	processor	NOUN
cblr-1213	684	7	and	and	CCONJ
cblr-1213	684	8	distribution	distribution	NOUN
cblr-1213	684	9	intermediaries	intermediary	NOUN
cblr-1213	684	10	require	require	VERB
cblr-1213	684	11	a	a	DET
cblr-1213	684	12	fund	fund	NOUN
cblr-1213	684	13	’s	’s	PART
cblr-1213	684	14	price	price	NOUN
cblr-1213	684	15	as	as	ADP
cblr-1213	684	16	an	an	DET
cblr-1213	684	17	input	input	NOUN
cblr-1213	684	18	into	into	ADP
cblr-1213	684	19	their	their	PRON
cblr-1213	684	20	processes	process	NOUN
cblr-1213	684	21	for	for	ADP
cblr-1213	684	22	determining	determine	VERB
cblr-1213	684	23	the	the	DET
cblr-1213	684	24	value	value	NOUN
cblr-1213	684	25	of	of	ADP
cblr-1213	684	26	daily	daily	ADJ
cblr-1213	684	27	net	net	ADJ
cblr-1213	684	28	fund	fund	NOUN
cblr-1213	684	29	flows	flow	VERB
cblr-1213	684	30	,	,	PUNCT
cblr-1213	684	31	the	the	DET
cblr-1213	684	32	swing	swing	NOUN
cblr-1213	684	33	pricing	pricing	NOUN
cblr-1213	684	34	requirement	requirement	NOUN
cblr-1213	684	35	that	that	SCONJ
cblr-1213	684	36	a	a	DET
cblr-1213	684	37	reliable	reliable	ADJ
cblr-1213	684	38	estimate	estimate	NOUN
cblr-1213	684	39	of	of	ADP
cblr-1213	684	40	daily	daily	ADJ
cblr-1213	684	41	net	net	ADJ
cblr-1213	684	42	flows	flow	NOUN
cblr-1213	684	43	is	be	AUX
cblr-1213	684	44	available	available	ADJ
cblr-1213	684	45	at	at	ADP
cblr-1213	684	46	the	the	DET
cblr-1213	684	47	time	time	NOUN
cblr-1213	684	48	the	the	DET
cblr-1213	684	49	daily	daily	ADJ
cblr-1213	684	50	transaction	transaction	NOUN
cblr-1213	684	51	price	price	NOUN
cblr-1213	684	52	is	be	AUX
cblr-1213	684	53	established	establish	VERB
cblr-1213	684	54	can	can	AUX
cblr-1213	684	55	not	not	PART
cblr-1213	684	56	be	be	AUX
cblr-1213	684	57	fulfilled.202	fulfilled.202	PROPN
cblr-1213	684	58	199	199	NUM
cblr-1213	684	59	final	final	ADJ
cblr-1213	684	60	rules	rule	NOUN
cblr-1213	684	61	,	,	PUNCT
cblr-1213	684	62	supra	supra	PROPN
cblr-1213	684	63	note	note	NOUN
cblr-1213	684	64	4	4	NUM
cblr-1213	684	65	,	,	PUNCT
cblr-1213	684	66	at	at	ADP
cblr-1213	684	67	82100–01	82100–01	NUM
cblr-1213	684	68	.	.	PUNCT
cblr-1213	685	1	200	200	NUM
cblr-1213	685	2	inv	inv	NOUN
cblr-1213	685	3	.	.	PUNCT
cblr-1213	685	4	co.	co.	PROPN
cblr-1213	685	5	inst	inst	PROPN
cblr-1213	685	6	.	.	PUNCT
cblr-1213	685	7	comment	comment	NOUN
cblr-1213	685	8	letter	letter	NOUN
cblr-1213	685	9	,	,	PUNCT
cblr-1213	685	10	supra	supra	PROPN
cblr-1213	685	11	note	note	NOUN
cblr-1213	685	12	9	9	NUM
cblr-1213	685	13	,	,	PUNCT
cblr-1213	685	14	at	at	ADP
cblr-1213	685	15	55–56	55–56	NUM
cblr-1213	685	16	,	,	PUNCT
cblr-1213	685	17	59–60	59–60	PROPN
cblr-1213	685	18	.	.	PUNCT
cblr-1213	686	1	201	201	NUM
cblr-1213	686	2	dechert	dechert	PROPN
cblr-1213	686	3	llp	llp	PROPN
cblr-1213	686	4	,	,	PUNCT
cblr-1213	686	5	comment	comment	NOUN
cblr-1213	686	6	letter	letter	NOUN
cblr-1213	686	7	on	on	ADP
cblr-1213	686	8	swing	swing	NOUN
cblr-1213	686	9	pricing	pricing	NOUN
cblr-1213	686	10	,	,	PUNCT
cblr-1213	686	11	at	at	ADP
cblr-1213	686	12	20	20	NUM
cblr-1213	686	13	(	(	PUNCT
cblr-1213	686	14	jan	jan	PROPN
cblr-1213	686	15	.	.	PROPN
cblr-1213	686	16	13	13	NUM
cblr-1213	686	17	,	,	PUNCT
cblr-1213	686	18	2016	2016	NUM
cblr-1213	686	19	)	)	PUNCT
cblr-1213	686	20	,	,	PUNCT
cblr-1213	686	21	https://www.sec.gov/comments/s7-16-15/s71615-70.pdf	https://www.sec.gov/comments/s7-16-15/s71615-70.pdf	VERB
cblr-1213	686	22	[	[	X
cblr-1213	686	23	perma.cc/	perma.cc/	NOUN
cblr-1213	686	24	2m5t-367h	2m5t-367h	PROPN
cblr-1213	686	25	]	]	PUNCT
cblr-1213	686	26	(	(	PUNCT
cblr-1213	686	27	“	"	PUNCT
cblr-1213	686	28	given	give	VERB
cblr-1213	686	29	that	that	SCONJ
cblr-1213	686	30	the	the	DET
cblr-1213	686	31	successful	successful	ADJ
cblr-1213	686	32	implementation	implementation	NOUN
cblr-1213	686	33	of	of	ADP
cblr-1213	686	34	swing	swing	NOUN
cblr-1213	686	35	pricing	pricing	NOUN
cblr-1213	686	36	depends	depend	VERB
cblr-1213	686	37	heavily	heavily	ADV
cblr-1213	686	38	on	on	ADP
cblr-1213	686	39	a	a	DET
cblr-1213	686	40	fund	fund	NOUN
cblr-1213	686	41	’s	’s	PART
cblr-1213	686	42	receipt	receipt	NOUN
cblr-1213	686	43	of	of	ADP
cblr-1213	686	44	timely	timely	ADJ
cblr-1213	686	45	and	and	CCONJ
cblr-1213	686	46	reasonably	reasonably	ADV
cblr-1213	686	47	accurate	accurate	ADJ
cblr-1213	686	48	cash	cash	NOUN
cblr-1213	686	49	flow	flow	NOUN
cblr-1213	686	50	estimates	estimate	NOUN
cblr-1213	686	51	,	,	PUNCT
cblr-1213	686	52	to	to	ADP
cblr-1213	686	53	the	the	DET
cblr-1213	686	54	extent	extent	NOUN
cblr-1213	686	55	that	that	SCONJ
cblr-1213	686	56	current	current	ADJ
cblr-1213	686	57	trade	trade	NOUN
cblr-1213	686	58	processing	processing	NOUN
cblr-1213	686	59	systems	system	NOUN
cblr-1213	686	60	and	and	CCONJ
cblr-1213	686	61	practices	practice	NOUN
cblr-1213	686	62	limit	limit	VERB
cblr-1213	686	63	the	the	DET
cblr-1213	686	64	ability	ability	NOUN
cblr-1213	686	65	of	of	ADP
cblr-1213	686	66	funds	fund	NOUN
cblr-1213	686	67	to	to	PART
cblr-1213	686	68	receive	receive	VERB
cblr-1213	686	69	intraday	intraday	NOUN
cblr-1213	686	70	order	order	NOUN
cblr-1213	686	71	flow	flow	NOUN
cblr-1213	686	72	information	information	NOUN
cblr-1213	686	73	,	,	PUNCT
cblr-1213	686	74	it	it	PRON
cblr-1213	686	75	will	will	AUX
cblr-1213	686	76	be	be	AUX
cblr-1213	686	77	very	very	ADV
cblr-1213	686	78	difficult	difficult	ADJ
cblr-1213	686	79	to	to	PART
cblr-1213	686	80	develop	develop	VERB
cblr-1213	686	81	a	a	DET
cblr-1213	686	82	workable	workable	ADJ
cblr-1213	686	83	swing	swing	NOUN
cblr-1213	686	84	pricing	pricing	NOUN
cblr-1213	686	85	regime	regime	NOUN
cblr-1213	686	86	.	.	PUNCT
cblr-1213	686	87	”	"	PUNCT
cblr-1213	686	88	)	)	PUNCT
cblr-1213	686	89	.	.	PUNCT
cblr-1213	687	1	202	202	NUM
cblr-1213	687	2	eaton	eaton	PROPN
cblr-1213	687	3	vance	vance	PROPN
cblr-1213	687	4	comment	comment	NOUN
cblr-1213	687	5	letter	letter	NOUN
cblr-1213	687	6	,	,	PUNCT
cblr-1213	687	7	supra	supra	PROPN
cblr-1213	687	8	note	note	PROPN
cblr-1213	687	9	170	170	NUM
cblr-1213	687	10	,	,	PUNCT
cblr-1213	687	11	at	at	ADP
cblr-1213	687	12	5	5	NUM
cblr-1213	687	13	.	.	PUNCT
cblr-1213	688	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	688	2	no	no	NOUN
cblr-1213	688	3	.	.	PUNCT
cblr-1213	689	1	1:130	1:130	NUM
cblr-1213	689	2	]	]	X
cblr-1213	689	3	will	will	AUX
cblr-1213	689	4	swing	swing	VERB
cblr-1213	689	5	pricing	pricing	NOUN
cblr-1213	689	6	save	save	VERB
cblr-1213	689	7	sedentary	sedentary	ADJ
cblr-1213	689	8	shareholders	shareholder	NOUN
cblr-1213	689	9	?	?	PUNCT
cblr-1213	690	1	175	175	NUM
cblr-1213	691	1	the	the	DET
cblr-1213	691	2	rules	rule	NOUN
cblr-1213	691	3	force	force	VERB
cblr-1213	691	4	a	a	DET
cblr-1213	691	5	seemingly	seemingly	ADV
cblr-1213	691	6	impossible	impossible	ADJ
cblr-1213	691	7	set	set	NOUN
cblr-1213	691	8	of	of	ADP
cblr-1213	691	9	operations	operation	NOUN
cblr-1213	691	10	by	by	ADP
cblr-1213	691	11	on	on	ADP
cblr-1213	691	12	participating	participate	VERB
cblr-1213	691	13	funds.203	funds.203	NOUN
cblr-1213	691	14	first	first	ADV
cblr-1213	691	15	,	,	PUNCT
cblr-1213	691	16	it	it	PRON
cblr-1213	691	17	requires	require	VERB
cblr-1213	691	18	the	the	DET
cblr-1213	691	19	nearly	nearly	ADV
cblr-1213	691	20	instantaneous	instantaneous	ADJ
cblr-1213	691	21	processing	processing	NOUN
cblr-1213	691	22	and	and	CCONJ
cblr-1213	691	23	collection	collection	NOUN
cblr-1213	691	24	of	of	ADP
cblr-1213	691	25	all	all	DET
cblr-1213	691	26	trading	trading	NOUN
cblr-1213	691	27	activity	activity	NOUN
cblr-1213	691	28	from	from	ADP
cblr-1213	691	29	a	a	DET
cblr-1213	691	30	variety	variety	NOUN
cblr-1213	691	31	of	of	ADP
cblr-1213	691	32	sources	source	NOUN
cblr-1213	691	33	,	,	PUNCT
cblr-1213	691	34	including	include	VERB
cblr-1213	691	35	intermediaries	intermediary	NOUN
cblr-1213	691	36	.	.	PUNCT
cblr-1213	692	1	second	second	ADJ
cblr-1213	692	2	,	,	PUNCT
cblr-1213	692	3	it	it	PRON
cblr-1213	692	4	requires	require	VERB
cblr-1213	692	5	an	an	DET
cblr-1213	692	6	instantaneous	instantaneous	ADJ
cblr-1213	692	7	and	and	CCONJ
cblr-1213	692	8	simultaneous	simultaneous	ADJ
cblr-1213	692	9	assessment	assessment	NOUN
cblr-1213	692	10	of	of	ADP
cblr-1213	692	11	trading	trading	NOUN
cblr-1213	692	12	activity	activity	NOUN
cblr-1213	692	13	to	to	PART
cblr-1213	692	14	determine	determine	VERB
cblr-1213	692	15	if	if	SCONJ
cblr-1213	692	16	the	the	DET
cblr-1213	692	17	threshold	threshold	NOUN
cblr-1213	692	18	is	be	AUX
cblr-1213	692	19	met	meet	VERB
cblr-1213	692	20	.	.	PUNCT
cblr-1213	693	1	the	the	DET
cblr-1213	693	2	rules	rule	NOUN
cblr-1213	693	3	require	require	VERB
cblr-1213	693	4	a	a	DET
cblr-1213	693	5	third	third	ADJ
cblr-1213	693	6	immediate	immediate	ADJ
cblr-1213	693	7	and	and	CCONJ
cblr-1213	693	8	simultaneous	simultaneous	ADJ
cblr-1213	693	9	action	action	NOUN
cblr-1213	693	10	:	:	PUNCT
cblr-1213	693	11	assessing	assess	VERB
cblr-1213	693	12	the	the	DET
cblr-1213	693	13	trading	trading	NOUN
cblr-1213	693	14	costs	cost	NOUN
cblr-1213	693	15	and	and	CCONJ
cblr-1213	693	16	setting	set	VERB
cblr-1213	693	17	the	the	DET
cblr-1213	693	18	swing	swing	NOUN
cblr-1213	693	19	factor	factor	NOUN
cblr-1213	693	20	.	.	PUNCT
cblr-1213	694	1	between	between	ADP
cblr-1213	694	2	4:00	4:00	NUM
cblr-1213	694	3	pm	pm	NOUN
cblr-1213	694	4	and	and	CCONJ
cblr-1213	694	5	6:00	6:00	NUM
cblr-1213	694	6	pm	pm	NOUN
cblr-1213	694	7	,	,	PUNCT
cblr-1213	694	8	participating	participate	VERB
cblr-1213	694	9	funds	fund	NOUN
cblr-1213	694	10	must	must	AUX
cblr-1213	694	11	complete	complete	VERB
cblr-1213	694	12	trading	trading	NOUN
cblr-1213	694	13	,	,	PUNCT
cblr-1213	694	14	garner	garner	VERB
cblr-1213	694	15	it	it	PRON
cblr-1213	694	16	from	from	ADP
cblr-1213	694	17	a	a	DET
cblr-1213	694	18	variety	variety	NOUN
cblr-1213	694	19	of	of	ADP
cblr-1213	694	20	sources	source	NOUN
cblr-1213	694	21	,	,	PUNCT
cblr-1213	694	22	evaluate	evaluate	VERB
cblr-1213	694	23	trading	trading	NOUN
cblr-1213	694	24	volumes	volume	NOUN
cblr-1213	694	25	and	and	CCONJ
cblr-1213	694	26	costs	cost	NOUN
cblr-1213	694	27	,	,	PUNCT
cblr-1213	694	28	and	and	CCONJ
cblr-1213	694	29	issue	issue	VERB
cblr-1213	694	30	an	an	DET
cblr-1213	694	31	adjusted	adjusted	ADJ
cblr-1213	694	32	nav.204	nav.204	NOUN
cblr-1213	694	33	layered	layered	ADJ
cblr-1213	694	34	service	service	NOUN
cblr-1213	694	35	providers	provider	NOUN
cblr-1213	694	36	within	within	ADP
cblr-1213	694	37	the	the	DET
cblr-1213	694	38	mutual	mutual	ADJ
cblr-1213	694	39	fund	fund	NOUN
cblr-1213	694	40	industry	industry	NOUN
cblr-1213	694	41	serve	serve	VERB
cblr-1213	694	42	as	as	ADP
cblr-1213	694	43	consolidation	consolidation	NOUN
cblr-1213	694	44	clearing	clearing	NOUN
cblr-1213	694	45	houses	house	NOUN
cblr-1213	694	46	for	for	ADP
cblr-1213	694	47	other	other	ADJ
cblr-1213	694	48	mutual	mutual	ADJ
cblr-1213	694	49	fund	fund	NOUN
cblr-1213	694	50	platforms	platform	NOUN
cblr-1213	694	51	.	.	PUNCT
cblr-1213	695	1	these	these	DET
cblr-1213	695	2	intermediaries	intermediary	NOUN
cblr-1213	695	3	rely	rely	VERB
cblr-1213	695	4	upon	upon	SCONJ
cblr-1213	695	5	the	the	DET
cblr-1213	695	6	technology	technology	NOUN
cblr-1213	695	7	of	of	ADP
cblr-1213	695	8	those	those	DET
cblr-1213	695	9	other	other	ADJ
cblr-1213	695	10	service	service	NOUN
cblr-1213	695	11	providers	provider	NOUN
cblr-1213	695	12	(	(	PUNCT
cblr-1213	695	13	i.e.	i.e.	X
cblr-1213	695	14	,	,	PUNCT
cblr-1213	695	15	broker	broker	NOUN
cblr-1213	695	16	-	-	PUNCT
cblr-1213	695	17	dealers	dealer	NOUN
cblr-1213	695	18	and	and	CCONJ
cblr-1213	695	19	retirement	retirement	NOUN
cblr-1213	695	20	platforms	platform	NOUN
cblr-1213	695	21	)	)	PUNCT
cblr-1213	695	22	to	to	PART
cblr-1213	695	23	incorporate	incorporate	VERB
cblr-1213	695	24	the	the	DET
cblr-1213	695	25	trading	trading	NOUN
cblr-1213	695	26	data	datum	NOUN
cblr-1213	695	27	for	for	ADP
cblr-1213	695	28	the	the	DET
cblr-1213	695	29	day	day	NOUN
cblr-1213	695	30	from	from	ADP
cblr-1213	695	31	the	the	DET
cblr-1213	695	32	underlying	underlie	VERB
cblr-1213	695	33	intermediaries	intermediary	NOUN
cblr-1213	695	34	in	in	ADP
cblr-1213	695	35	order	order	NOUN
cblr-1213	695	36	to	to	PART
cblr-1213	695	37	generate	generate	VERB
cblr-1213	695	38	a	a	DET
cblr-1213	695	39	consolidated	consolidated	ADJ
cblr-1213	695	40	purchase	purchase	NOUN
cblr-1213	695	41	and	and	CCONJ
cblr-1213	695	42	redemption	redemption	NOUN
cblr-1213	695	43	order.205	order.205	NUM
cblr-1213	695	44	transactions	transaction	NOUN
cblr-1213	695	45	within	within	ADP
cblr-1213	695	46	retirement	retirement	NOUN
cblr-1213	695	47	accounts	account	NOUN
cblr-1213	695	48	must	must	AUX
cblr-1213	695	49	also	also	ADV
cblr-1213	695	50	be	be	AUX
cblr-1213	695	51	verified	verify	VERB
cblr-1213	695	52	for	for	ADP
cblr-1213	695	53	compliance	compliance	NOUN
cblr-1213	695	54	with	with	ADP
cblr-1213	695	55	retirement	retirement	NOUN
cblr-1213	695	56	savings	saving	NOUN
cblr-1213	695	57	rules	rule	NOUN
cblr-1213	695	58	,	,	PUNCT
cblr-1213	695	59	adding	add	VERB
cblr-1213	695	60	an	an	DET
cblr-1213	695	61	additional	additional	ADJ
cblr-1213	695	62	transactional	transactional	ADJ
cblr-1213	695	63	layer	layer	NOUN
cblr-1213	695	64	and	and	CCONJ
cblr-1213	695	65	delay	delay	NOUN
cblr-1213	695	66	between	between	ADP
cblr-1213	695	67	trading	trade	VERB
cblr-1213	695	68	close	close	ADV
cblr-1213	695	69	,	,	PUNCT
cblr-1213	696	1	transmission	transmission	NOUN
cblr-1213	696	2	,	,	PUNCT
cblr-1213	696	3	and	and	CCONJ
cblr-1213	696	4	incorporation	incorporation	NOUN
cblr-1213	696	5	into	into	ADP
cblr-1213	696	6	the	the	DET
cblr-1213	696	7	fund	fund	NOUN
cblr-1213	696	8	’s	’s	PART
cblr-1213	696	9	nav.206	nav.206	ADJ
cblr-1213	696	10	203	203	NUM
cblr-1213	696	11	sec	sec	PROPN
cblr-1213	696	12	.	.	PUNCT
cblr-1213	696	13	indus	indus	PROPN
cblr-1213	696	14	.	.	PUNCT
cblr-1213	697	1	and	and	CCONJ
cblr-1213	698	1	fin	fin	NOUN
cblr-1213	698	2	.	.	PUNCT
cblr-1213	698	3	mkts	mkts	NOUN
cblr-1213	698	4	.	.	PUNCT
cblr-1213	699	1	ass’n	ass’n	PROPN
cblr-1213	699	2	,	,	PUNCT
cblr-1213	699	3	supra	supra	PROPN
cblr-1213	699	4	note	note	NOUN
cblr-1213	699	5	197	197	NUM
cblr-1213	699	6	,	,	PUNCT
cblr-1213	699	7	at	at	ADP
cblr-1213	699	8	15–16	15–16	PROPN
cblr-1213	699	9	(	(	PUNCT
cblr-1213	699	10	setting	set	VERB
cblr-1213	699	11	out	out	ADP
cblr-1213	699	12	in	in	ADP
cblr-1213	699	13	detail	detail	NOUN
cblr-1213	699	14	the	the	DET
cblr-1213	699	15	timing	timing	NOUN
cblr-1213	699	16	of	of	ADP
cblr-1213	699	17	receipt	receipt	NOUN
cblr-1213	699	18	of	of	ADP
cblr-1213	699	19	fund	fund	NOUN
cblr-1213	699	20	flow	flow	NOUN
cblr-1213	699	21	information	information	NOUN
cblr-1213	699	22	to	to	ADP
cblr-1213	699	23	u.s	u.s	PROPN
cblr-1213	699	24	.	.	PROPN
cblr-1213	699	25	mutual	mutual	ADJ
cblr-1213	699	26	funds	fund	NOUN
cblr-1213	699	27	)	)	PUNCT
cblr-1213	699	28	.	.	PUNCT
cblr-1213	700	1	204	204	NUM
cblr-1213	700	2	contrast	contrast	VERB
cblr-1213	700	3	the	the	DET
cblr-1213	700	4	u.s	u.s	PROPN
cblr-1213	700	5	.	.	PROPN
cblr-1213	700	6	operations	operation	NOUN
cblr-1213	700	7	with	with	ADP
cblr-1213	700	8	those	those	PRON
cblr-1213	700	9	of	of	ADP
cblr-1213	700	10	european	european	ADJ
cblr-1213	700	11	jurisdictions	jurisdiction	NOUN
cblr-1213	700	12	,	,	PUNCT
cblr-1213	700	13	where	where	SCONJ
cblr-1213	700	14	mutual	mutual	ADJ
cblr-1213	700	15	funds	fund	NOUN
cblr-1213	700	16	receive	receive	VERB
cblr-1213	700	17	complete	complete	ADJ
cblr-1213	700	18	trade	trade	NOUN
cblr-1213	700	19	information	information	NOUN
cblr-1213	700	20	by	by	ADP
cblr-1213	700	21	noon	noon	NOUN
cblr-1213	700	22	each	each	DET
cblr-1213	700	23	day	day	NOUN
cblr-1213	700	24	.	.	PUNCT
cblr-1213	701	1	european	european	ADJ
cblr-1213	701	2	funds	fund	NOUN
cblr-1213	701	3	have	have	VERB
cblr-1213	701	4	up	up	ADP
cblr-1213	701	5	to	to	PART
cblr-1213	701	6	seven	seven	NUM
cblr-1213	701	7	hours	hour	NOUN
cblr-1213	701	8	to	to	PART
cblr-1213	701	9	assess	assess	VERB
cblr-1213	701	10	shareholder	shareholder	NOUN
cblr-1213	701	11	trade	trade	NOUN
cblr-1213	701	12	information	information	NOUN
cblr-1213	701	13	as	as	ADV
cblr-1213	701	14	well	well	ADV
cblr-1213	701	15	as	as	ADP
cblr-1213	701	16	portfolio	portfolio	NOUN
cblr-1213	701	17	trading	trading	NOUN
cblr-1213	701	18	needs	need	NOUN
cblr-1213	701	19	and	and	CCONJ
cblr-1213	701	20	related	related	ADJ
cblr-1213	701	21	costs	cost	NOUN
cblr-1213	701	22	.	.	PUNCT
cblr-1213	702	1	inv	inv	VERB
cblr-1213	702	2	.	.	PUNCT
cblr-1213	702	3	co.	co.	PROPN
cblr-1213	702	4	inst	inst	PROPN
cblr-1213	702	5	.	.	PUNCT
cblr-1213	702	6	comment	comment	NOUN
cblr-1213	702	7	letter	letter	NOUN
cblr-1213	702	8	,	,	PUNCT
cblr-1213	702	9	supra	supra	PROPN
cblr-1213	702	10	note	note	NOUN
cblr-1213	702	11	9	9	NUM
cblr-1213	702	12	,	,	PUNCT
cblr-1213	702	13	at	at	ADP
cblr-1213	702	14	d-1	d-1	NOUN
cblr-1213	702	15	to	to	ADP
cblr-1213	702	16	d-3	d-3	NOUN
cblr-1213	702	17	.	.	PUNCT
cblr-1213	703	1	the	the	DET
cblr-1213	703	2	current	current	ADJ
cblr-1213	703	3	nav	nav	PROPN
cblr-1213	703	4	calculation	calculation	NOUN
cblr-1213	703	5	process	process	NOUN
cblr-1213	703	6	,	,	PUNCT
cblr-1213	703	7	however	however	ADV
cblr-1213	703	8	,	,	PUNCT
cblr-1213	703	9	requires	require	VERB
cblr-1213	703	10	subjective	subjective	ADJ
cblr-1213	703	11	judgments	judgment	NOUN
cblr-1213	703	12	and	and	CCONJ
cblr-1213	703	13	estimates	estimate	NOUN
cblr-1213	703	14	such	such	ADJ
cblr-1213	703	15	as	as	ADP
cblr-1213	703	16	valuations	valuation	NOUN
cblr-1213	703	17	for	for	ADP
cblr-1213	703	18	standardized	standardized	ADJ
cblr-1213	703	19	market	market	NOUN
cblr-1213	703	20	pricing	pricing	NOUN
cblr-1213	703	21	.	.	PUNCT
cblr-1213	704	1	see	see	VERB
cblr-1213	704	2	final	final	ADJ
cblr-1213	704	3	rules	rule	NOUN
cblr-1213	704	4	,	,	PUNCT
cblr-1213	704	5	supra	supra	PROPN
cblr-1213	704	6	note	note	NOUN
cblr-1213	704	7	4	4	NUM
cblr-1213	704	8	,	,	PUNCT
cblr-1213	704	9	at	at	ADP
cblr-1213	704	10	82093	82093	NUM
cblr-1213	704	11	(	(	PUNCT
cblr-1213	704	12	“	"	PUNCT
cblr-1213	704	13	we	we	PRON
cblr-1213	704	14	note	note	VERB
cblr-1213	704	15	that	that	SCONJ
cblr-1213	704	16	current	current	ADJ
cblr-1213	704	17	nav	nav	NOUN
cblr-1213	704	18	calculation	calculation	NOUN
cblr-1213	704	19	processes	process	NOUN
cblr-1213	704	20	already	already	ADV
cblr-1213	704	21	include	include	VERB
cblr-1213	704	22	subjective	subjective	ADJ
cblr-1213	704	23	judgments	judgment	NOUN
cblr-1213	704	24	and	and	CCONJ
cblr-1213	704	25	estimates	estimate	NOUN
cblr-1213	704	26	,	,	PUNCT
cblr-1213	704	27	including	include	VERB
cblr-1213	704	28	,	,	PUNCT
cblr-1213	704	29	for	for	ADP
cblr-1213	704	30	example	example	NOUN
cblr-1213	704	31	,	,	PUNCT
cblr-1213	704	32	fair	fair	ADJ
cblr-1213	704	33	-	-	PUNCT
cblr-1213	704	34	value	value	NOUN
cblr-1213	704	35	determinations	determination	NOUN
cblr-1213	704	36	for	for	ADP
cblr-1213	704	37	assets	asset	NOUN
cblr-1213	704	38	that	that	PRON
cblr-1213	704	39	lack	lack	VERB
cblr-1213	704	40	readily	readily	ADV
cblr-1213	704	41	available	available	ADJ
cblr-1213	704	42	market	market	NOUN
cblr-1213	704	43	quotations	quotation	NOUN
cblr-1213	704	44	.	.	PUNCT
cblr-1213	704	45	”	"	PUNCT
cblr-1213	704	46	)	)	PUNCT
cblr-1213	704	47	.	.	PUNCT
cblr-1213	705	1	205	205	NUM
cblr-1213	705	2	inv	inv	X
cblr-1213	705	3	.	.	PUNCT
cblr-1213	705	4	co.	co.	PROPN
cblr-1213	705	5	inst	inst	PROPN
cblr-1213	705	6	.	.	PUNCT
cblr-1213	706	1	considerations	consideration	NOUN
cblr-1213	706	2	,	,	PUNCT
cblr-1213	706	3	supra	supra	PROPN
cblr-1213	706	4	note	note	NOUN
cblr-1213	706	5	194	194	NUM
cblr-1213	706	6	,	,	PUNCT
cblr-1213	706	7	at	at	ADP
cblr-1213	706	8	6–7	6–7	NUM
cblr-1213	706	9	.	.	PUNCT
cblr-1213	706	10	206	206	NUM
cblr-1213	707	1	i	i	PRON
cblr-1213	707	2	d.	d.	PROPN
cblr-1213	707	3	see	see	AUX
cblr-1213	707	4	also	also	ADV
cblr-1213	707	5	interview	interview	VERB
cblr-1213	707	6	with	with	ADP
cblr-1213	707	7	holly	holly	PROPN
cblr-1213	707	8	van	van	PROPN
cblr-1213	707	9	den	den	PROPN
cblr-1213	707	10	toorn	toorn	PROPN
cblr-1213	707	11	,	,	PUNCT
cblr-1213	707	12	legal	legal	ADJ
cblr-1213	707	13	and	and	CCONJ
cblr-1213	707	14	compliance	compliance	NOUN
cblr-1213	707	15	manager	manager	NOUN
cblr-1213	707	16	,	,	PUNCT
cblr-1213	707	17	in	in	ADP
cblr-1213	707	18	atlanta	atlanta	PROPN
cblr-1213	707	19	,	,	PUNCT
cblr-1213	707	20	ga	ga	PROPN
cblr-1213	707	21	.	.	PROPN
cblr-1213	707	22	(	(	PUNCT
cblr-1213	707	23	2017	2017	NUM
cblr-1213	707	24	)	)	PUNCT
cblr-1213	707	25	.	.	PUNCT
cblr-1213	708	1	holly	holly	PROPN
cblr-1213	708	2	van	van	PROPN
cblr-1213	708	3	den	den	PROPN
cblr-1213	708	4	toorn	toorn	PROPN
cblr-1213	708	5	also	also	ADV
cblr-1213	708	6	noted	note	VERB
cblr-1213	708	7	additional	additional	ADJ
cblr-1213	708	8	operational	operational	ADJ
cblr-1213	708	9	challenges	challenge	NOUN
cblr-1213	708	10	regarding	regard	VERB
cblr-1213	708	11	fund	fund	NOUN
cblr-1213	708	12	flow	flow	NOUN
cblr-1213	708	13	estimation	estimation	NOUN
cblr-1213	708	14	such	such	ADJ
cblr-1213	708	15	as	as	ADP
cblr-1213	708	16	whether	whether	SCONJ
cblr-1213	708	17	dividend	dividend	NOUN
cblr-1213	708	18	reinvestments	reinvestment	NOUN
cblr-1213	708	19	,	,	PUNCT
cblr-1213	708	20	automatic	automatic	ADJ
cblr-1213	708	21	investment	investment	NOUN
cblr-1213	708	22	plans	plan	NOUN
cblr-1213	708	23	,	,	PUNCT
cblr-1213	708	24	or	or	CCONJ
cblr-1213	708	25	mandatory	mandatory	ADJ
cblr-1213	708	26	minimum	minimum	ADJ
cblr-1213	708	27	withdrawals	withdrawal	NOUN
cblr-1213	708	28	should	should	AUX
cblr-1213	708	29	be	be	AUX
cblr-1213	708	30	included	include	VERB
cblr-1213	708	31	in	in	ADP
cblr-1213	708	32	the	the	DET
cblr-1213	708	33	transactions	transaction	NOUN
cblr-1213	708	34	to	to	PART
cblr-1213	708	35	which	which	PRON
cblr-1213	708	36	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	708	37	176	176	NUM
cblr-1213	708	38	columbia	columbia	PROPN
cblr-1213	708	39	business	business	NOUN
cblr-1213	708	40	law	law	PROPN
cblr-1213	708	41	review	review	NOUN
cblr-1213	709	1	[	[	X
cblr-1213	709	2	vol	vol	NOUN
cblr-1213	709	3	.	.	PUNCT
cblr-1213	709	4	2018	2018	NUM
cblr-1213	709	5	figure	figure	NOUN
cblr-1213	709	6	2	2	NUM
cblr-1213	709	7	:	:	PUNCT
cblr-1213	709	8	relationships	relationship	NOUN
cblr-1213	709	9	between	between	ADP
cblr-1213	709	10	intermediaries	intermediary	NOUN
cblr-1213	709	11	,	,	PUNCT
cblr-1213	709	12	retirement	retirement	NOUN
cblr-1213	709	13	investors	investor	NOUN
cblr-1213	709	14	,	,	PUNCT
cblr-1213	709	15	and	and	CCONJ
cblr-1213	709	16	mutual	mutual	ADJ
cblr-1213	709	17	funds	fund	NOUN
cblr-1213	709	18	at	at	ADP
cblr-1213	709	19	step	step	NOUN
cblr-1213	709	20	1	1	NUM
cblr-1213	709	21	,	,	PUNCT
cblr-1213	709	22	intermediaries	intermediary	NOUN
cblr-1213	709	23	collect	collect	VERB
cblr-1213	709	24	trades	trade	NOUN
cblr-1213	709	25	.	.	PUNCT
cblr-1213	710	1	at	at	ADP
cblr-1213	710	2	step	step	NOUN
cblr-1213	710	3	2	2	NUM
cblr-1213	710	4	,	,	PUNCT
cblr-1213	710	5	intermediaries	intermediary	NOUN
cblr-1213	710	6	collate	collate	VERB
cblr-1213	710	7	trades.207	trades.207	NOUN
cblr-1213	710	8	at	at	ADP
cblr-1213	710	9	step	step	NOUN
cblr-1213	710	10	3	3	NUM
cblr-1213	710	11	,	,	PUNCT
cblr-1213	710	12	intermediaries	intermediary	NOUN
cblr-1213	710	13	transmit	transmit	VERB
cblr-1213	710	14	the	the	DET
cblr-1213	710	15	swing	swing	NOUN
cblr-1213	710	16	factor	factor	NOUN
cblr-1213	710	17	must	must	AUX
cblr-1213	710	18	be	be	AUX
cblr-1213	710	19	applied	apply	VERB
cblr-1213	710	20	.	.	PUNCT
cblr-1213	711	1	as	as	ADP
cblr-1213	711	2	a	a	DET
cblr-1213	711	3	practical	practical	ADJ
cblr-1213	711	4	matter	matter	NOUN
cblr-1213	711	5	,	,	PUNCT
cblr-1213	711	6	the	the	DET
cblr-1213	711	7	operational	operational	ADJ
cblr-1213	711	8	difficulty	difficulty	NOUN
cblr-1213	711	9	of	of	ADP
cblr-1213	711	10	achieving	achieve	VERB
cblr-1213	711	11	the	the	DET
cblr-1213	711	12	exclusion	exclusion	NOUN
cblr-1213	711	13	of	of	ADP
cblr-1213	711	14	such	such	ADJ
cblr-1213	711	15	transactions	transaction	NOUN
cblr-1213	711	16	from	from	ADP
cblr-1213	711	17	an	an	DET
cblr-1213	711	18	adjusted	adjusted	ADJ
cblr-1213	711	19	nav	nav	NOUN
cblr-1213	711	20	may	may	AUX
cblr-1213	711	21	not	not	PART
cblr-1213	711	22	even	even	ADV
cblr-1213	711	23	be	be	AUX
cblr-1213	711	24	possible	possible	ADJ
cblr-1213	711	25	at	at	ADP
cblr-1213	711	26	this	this	DET
cblr-1213	711	27	time	time	NOUN
cblr-1213	711	28	.	.	PUNCT
cblr-1213	712	1	207	207	NUM
cblr-1213	712	2	each	each	DET
cblr-1213	712	3	intermediary	intermediary	NOUN
cblr-1213	712	4	collects	collect	VERB
cblr-1213	712	5	trades	trade	NOUN
cblr-1213	712	6	from	from	ADP
cblr-1213	712	7	underlying	underlie	VERB
cblr-1213	712	8	shareholders	shareholder	NOUN
cblr-1213	712	9	and	and	CCONJ
cblr-1213	712	10	sends	send	VERB
cblr-1213	712	11	them	they	PRON
cblr-1213	712	12	through	through	ADP
cblr-1213	712	13	“	"	PUNCT
cblr-1213	712	14	omnibus	omnibus	ADJ
cblr-1213	712	15	accounts	account	NOUN
cblr-1213	712	16	”	"	PUNCT
cblr-1213	712	17	(	(	PUNCT
cblr-1213	712	18	as	as	ADP
cblr-1213	712	19	one	one	NUM
cblr-1213	712	20	big	big	ADJ
cblr-1213	712	21	group	group	NOUN
cblr-1213	712	22	trade	trade	NOUN
cblr-1213	712	23	)	)	PUNCT
cblr-1213	712	24	to	to	ADP
cblr-1213	712	25	the	the	DET
cblr-1213	712	26	fund	fund	NOUN
cblr-1213	712	27	’s	’s	PART
cblr-1213	712	28	transfer	transfer	NOUN
cblr-1213	712	29	agent	agent	NOUN
cblr-1213	712	30	.	.	PUNCT
cblr-1213	713	1	these	these	DET
cblr-1213	713	2	trades	trade	NOUN
cblr-1213	713	3	are	be	AUX
cblr-1213	713	4	collected	collect	VERB
cblr-1213	713	5	by	by	ADP
cblr-1213	713	6	intermediaries	intermediary	NOUN
cblr-1213	713	7	throughout	throughout	ADP
cblr-1213	713	8	the	the	DET
cblr-1213	713	9	day	day	NOUN
cblr-1213	713	10	up	up	ADP
cblr-1213	713	11	until	until	ADP
cblr-1213	713	12	the	the	DET
cblr-1213	713	13	4:00	4:00	NUM
cblr-1213	713	14	p.m.	p.m.	NOUN
cblr-1213	713	15	cut	cut	NOUN
cblr-1213	713	16	-	-	PUNCT
cblr-1213	713	17	off	off	ADP
cblr-1213	713	18	time	time	NOUN
cblr-1213	713	19	mandated	mandate	VERB
cblr-1213	713	20	by	by	ADP
cblr-1213	713	21	the	the	DET
cblr-1213	713	22	sec	sec	PROPN
cblr-1213	713	23	.	.	PUNCT
cblr-1213	714	1	it	it	PRON
cblr-1213	714	2	could	could	AUX
cblr-1213	714	3	still	still	ADV
cblr-1213	714	4	take	take	VERB
cblr-1213	714	5	the	the	DET
cblr-1213	714	6	intermediary	intermediary	NOUN
cblr-1213	714	7	until	until	ADP
cblr-1213	714	8	6:00	6:00	NUM
cblr-1213	714	9	p.m.	p.m.	NOUN
cblr-1213	714	10	or	or	CCONJ
cblr-1213	714	11	later	later	ADV
cblr-1213	714	12	,	,	PUNCT
cblr-1213	714	13	or	or	CCONJ
cblr-1213	714	14	even	even	ADV
cblr-1213	714	15	overnight	overnight	ADV
cblr-1213	714	16	,	,	PUNCT
cblr-1213	714	17	to	to	PART
cblr-1213	714	18	deliver	deliver	VERB
cblr-1213	714	19	the	the	DET
cblr-1213	714	20	trade	trade	NOUN
cblr-1213	714	21	files	file	NOUN
cblr-1213	714	22	to	to	ADP
cblr-1213	714	23	the	the	DET
cblr-1213	714	24	fund	fund	NOUN
cblr-1213	714	25	’s	’s	PART
cblr-1213	714	26	’	'	PUNCT
cblr-1213	714	27	transfer	transfer	NOUN
cblr-1213	714	28	agent	agent	NOUN
cblr-1213	714	29	.	.	PUNCT
cblr-1213	715	1	b	b	X
cblr-1213	715	2	roker	roker	NOUN
cblr-1213	715	3	-	-	PUNCT
cblr-1213	715	4	d	d	PROPN
cblr-1213	715	5	ealers	ealer	NOUN
cblr-1213	715	6	(	(	PUNCT
cblr-1213	715	7	ex	ex	NOUN
cblr-1213	715	8	:	:	PUNCT
cblr-1213	715	9	m	m	PROPN
cblr-1213	715	10	errill	errill	PROPN
cblr-1213	715	11	lynch	lynch	PROPN
cblr-1213	715	12	)	)	PUNCT
cblr-1213	715	13	w	w	PROPN
cblr-1213	715	14	ire	ire	ADJ
cblr-1213	715	15	h	h	NOUN
cblr-1213	715	16	ouses	ouse	NOUN
cblr-1213	715	17	(	(	PUNCT
cblr-1213	715	18	ex	ex	NOUN
cblr-1213	715	19	:	:	PUNCT
cblr-1213	715	20	pershing	pershing	ADJ
cblr-1213	715	21	)	)	PUNCT
cblr-1213	715	22	third	third	ADJ
cblr-1213	715	23	-	-	PUNCT
cblr-1213	715	24	party	party	NOUN
cblr-1213	715	25	a	a	DET
cblr-1213	715	26	dm	dm	PROPN
cblr-1213	715	27	inistrators	inistrator	NOUN
cblr-1213	715	28	(	(	PUNCT
cblr-1213	715	29	tpa	tpa	PROPN
cblr-1213	715	30	s	s	PART
cblr-1213	715	31	)	)	PUNCT
cblr-1213	715	32	&	&	CCONJ
cblr-1213	715	33	r	r	PROPN
cblr-1213	715	34	etirem	etirem	VERB
cblr-1213	715	35	ent	ent	NOUN
cblr-1213	715	36	plan	plan	NOUN
cblr-1213	715	37	r	r	NOUN
cblr-1213	715	38	ecord	ecord	NOUN
cblr-1213	715	39	k	k	PROPN
cblr-1213	715	40	eepers	eepers	PROPN
cblr-1213	715	41	r	r	PROPN
cblr-1213	715	42	etirem	etirem	VERB
cblr-1213	715	43	ent	ent	NOUN
cblr-1213	715	44	a	a	DET
cblr-1213	715	45	ccounts	ccount	NOUN
cblr-1213	715	46	fund	fund	PROPN
cblr-1213	715	47	’s	’s	PART
cblr-1213	715	48	transfer	transfer	VERB
cblr-1213	715	49	a	a	DET
cblr-1213	715	50	gent	gent	NOUN
cblr-1213	715	51	interm	interm	PROPN
cblr-1213	715	52	ediary	ediary	ADJ
cblr-1213	715	53	o	o	PROPN
cblr-1213	715	54	m	m	PROPN
cblr-1213	715	55	nibus	nibus	NOUN
cblr-1213	715	56	a	a	DET
cblr-1213	715	57	ccount	ccount	NOUN
cblr-1213	715	58	m	m	PROPN
cblr-1213	715	59	utual	utual	ADJ
cblr-1213	715	60	fund	fund	NOUN
cblr-1213	715	61	step	step	NOUN
cblr-1213	715	62	#	#	SYM
cblr-1213	715	63	2	2	NUM
cblr-1213	715	64	:	:	PUNCT
cblr-1213	715	65	interm	interm	PROPN
cblr-1213	715	66	ediaries	ediarie	NOUN
cblr-1213	715	67	collate	collate	VERB
cblr-1213	715	68	trades	trade	NOUN
cblr-1213	715	69	step	step	VERB
cblr-1213	715	70	#	#	SYM
cblr-1213	715	71	3	3	NUM
cblr-1213	715	72	:	:	PUNCT
cblr-1213	715	73	interm	interm	PROPN
cblr-1213	715	74	ediaries	ediarie	NOUN
cblr-1213	715	75	transm	transm	VERB
cblr-1213	715	76	it	it	PRON
cblr-1213	715	77	trades	trade	VERB
cblr-1213	715	78	to	to	ADP
cblr-1213	715	79	m	m	PROPN
cblr-1213	715	80	utual	utual	ADJ
cblr-1213	715	81	fund	fund	NOUN
cblr-1213	715	82	step	step	NOUN
cblr-1213	715	83	#	#	SYM
cblr-1213	715	84	4	4	NUM
cblr-1213	715	85	:	:	PUNCT
cblr-1213	715	86	t	t	NOUN
cblr-1213	715	87	he	he	PRON
cblr-1213	715	88	m	m	VERB
cblr-1213	715	89	utual	utual	ADJ
cblr-1213	715	90	fund	fund	NOUN
cblr-1213	715	91	m	m	PROPN
cblr-1213	715	92	anages	anage	NOUN
cblr-1213	715	93	inflow	inflow	NOUN
cblr-1213	715	94	s	s	PART
cblr-1213	715	95	(	(	PUNCT
cblr-1213	715	96	purchases	purchase	NOUN
cblr-1213	715	97	)	)	PUNCT
cblr-1213	715	98	and	and	CCONJ
cblr-1213	715	99	redem	redem	ADJ
cblr-1213	715	100	ptions	ption	NOUN
cblr-1213	715	101	(	(	PUNCT
cblr-1213	715	102	asset	asset	NOUN
cblr-1213	715	103	sales	sale	NOUN
cblr-1213	715	104	)	)	PUNCT
cblr-1213	715	105	step	step	NOUN
cblr-1213	715	106	#	#	SYM
cblr-1213	715	107	1	1	NUM
cblr-1213	715	108	:	:	PUNCT
cblr-1213	715	109	interm	interm	NOUN
cblr-1213	715	110	ediaries	ediarie	NOUN
cblr-1213	715	111	collect	collect	VERB
cblr-1213	715	112	trades	trade	NOUN
cblr-1213	716	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	717	1	no	no	NOUN
cblr-1213	717	2	.	.	PUNCT
cblr-1213	718	1	1:130	1:130	NUM
cblr-1213	718	2	]	]	X
cblr-1213	718	3	will	will	AUX
cblr-1213	718	4	swing	swing	VERB
cblr-1213	718	5	pricing	pricing	NOUN
cblr-1213	718	6	save	save	VERB
cblr-1213	718	7	sedentary	sedentary	ADJ
cblr-1213	718	8	shareholders	shareholder	NOUN
cblr-1213	718	9	?	?	PUNCT
cblr-1213	719	1	177	177	NUM
cblr-1213	719	2	trades	trade	NOUN
cblr-1213	719	3	to	to	ADP
cblr-1213	719	4	mutual	mutual	ADJ
cblr-1213	719	5	fund.208	fund.208	NOUN
cblr-1213	719	6	finally	finally	ADV
cblr-1213	719	7	,	,	PUNCT
cblr-1213	719	8	at	at	ADP
cblr-1213	719	9	step	step	NOUN
cblr-1213	719	10	4	4	NUM
cblr-1213	719	11	,	,	PUNCT
cblr-1213	719	12	the	the	DET
cblr-1213	719	13	mutual	mutual	ADJ
cblr-1213	719	14	fund	fund	NOUN
cblr-1213	719	15	manages	manage	VERB
cblr-1213	719	16	inflows	inflow	NOUN
cblr-1213	719	17	(	(	PUNCT
cblr-1213	719	18	asset	asset	NOUN
cblr-1213	719	19	purchases	purchase	NOUN
cblr-1213	719	20	)	)	PUNCT
cblr-1213	719	21	and	and	CCONJ
cblr-1213	719	22	redemptions	redemption	NOUN
cblr-1213	719	23	(	(	PUNCT
cblr-1213	719	24	asset	asset	NOUN
cblr-1213	719	25	sales).209	sales).209	PROPN
cblr-1213	719	26	b.	b.	PROPN
cblr-1213	720	1	no	no	DET
cblr-1213	720	2	safe	safe	ADJ
cblr-1213	720	3	harbor	harbor	NOUN
cblr-1213	720	4	unlike	unlike	ADV
cblr-1213	720	5	in	in	ADP
cblr-1213	720	6	european	european	PROPN
cblr-1213	720	7	jurisdictions,210	jurisdictions,210	PROPN
cblr-1213	720	8	the	the	DET
cblr-1213	720	9	u.s	u.s	PROPN
cblr-1213	720	10	.	.	PROPN
cblr-1213	720	11	swing	swing	NOUN
cblr-1213	720	12	pricing	pricing	NOUN
cblr-1213	720	13	rules	rule	NOUN
cblr-1213	720	14	do	do	AUX
cblr-1213	720	15	not	not	PART
cblr-1213	720	16	create	create	VERB
cblr-1213	720	17	a	a	DET
cblr-1213	720	18	safe	safe	ADJ
cblr-1213	720	19	harbor	harbor	NOUN
cblr-1213	720	20	to	to	PART
cblr-1213	720	21	protect	protect	VERB
cblr-1213	720	22	a	a	DET
cblr-1213	720	23	fund	fund	NOUN
cblr-1213	720	24	’s	’s	PART
cblr-1213	720	25	miscalculation	miscalculation	NOUN
cblr-1213	720	26	of	of	ADP
cblr-1213	720	27	the	the	DET
cblr-1213	720	28	swing	swing	NOUN
cblr-1213	720	29	threshold	threshold	NOUN
cblr-1213	720	30	based	base	VERB
cblr-1213	720	31	upon	upon	SCONJ
cblr-1213	720	32	reasonable	reasonable	ADJ
cblr-1213	720	33	estimates.211	estimates.211	PROPN
cblr-1213	720	34	mutual	mutual	ADJ
cblr-1213	720	35	fund	fund	NOUN
cblr-1213	720	36	insiders	insider	NOUN
cblr-1213	720	37	,	,	PUNCT
cblr-1213	720	38	including	include	VERB
cblr-1213	720	39	one	one	NUM
cblr-1213	720	40	author	author	NOUN
cblr-1213	720	41	,	,	PUNCT
cblr-1213	720	42	are	be	AUX
cblr-1213	720	43	concerned	concerned	ADJ
cblr-1213	720	44	that	that	SCONJ
cblr-1213	720	45	the	the	DET
cblr-1213	720	46	operational	operational	ADJ
cblr-1213	720	47	impossibility	impossibility	NOUN
cblr-1213	720	48	will	will	AUX
cblr-1213	720	49	breed	breed	VERB
cblr-1213	720	50	a	a	DET
cblr-1213	720	51	situation	situation	NOUN
cblr-1213	720	52	ripe	ripe	ADJ
cblr-1213	720	53	for	for	ADP
cblr-1213	720	54	mutual	mutual	ADJ
cblr-1213	720	55	fund	fund	NOUN
cblr-1213	720	56	shareholder	shareholder	NOUN
cblr-1213	720	57	lawsuits	lawsuit	NOUN
cblr-1213	720	58	and	and	CCONJ
cblr-1213	720	59	enforcement	enforcement	NOUN
cblr-1213	720	60	actions.212	actions.212	PROPN
cblr-1213	720	61	david	david	PROPN
cblr-1213	720	62	blass	blass	PROPN
cblr-1213	720	63	,	,	PUNCT
cblr-1213	720	64	the	the	DET
cblr-1213	720	65	general	general	ADJ
cblr-1213	720	66	counsel	counsel	NOUN
cblr-1213	720	67	of	of	ADP
cblr-1213	720	68	the	the	DET
cblr-1213	720	69	investment	investment	NOUN
cblr-1213	720	70	company	company	NOUN
cblr-1213	720	71	institute	institute	NOUN
cblr-1213	720	72	(	(	PUNCT
cblr-1213	720	73	the	the	DET
cblr-1213	720	74	“	"	PUNCT
cblr-1213	720	75	ici	ici	NOUN
cblr-1213	720	76	”	"	PUNCT
cblr-1213	720	77	)	)	PUNCT
cblr-1213	720	78	,	,	PUNCT
cblr-1213	720	79	summarized	summarize	VERB
cblr-1213	720	80	the	the	DET
cblr-1213	720	81	concern	concern	NOUN
cblr-1213	720	82	as	as	ADP
cblr-1213	720	83	“	"	PUNCT
cblr-1213	720	84	[	[	X
cblr-1213	720	85	s]wing	s]we	VERB
cblr-1213	720	86	pricing	pricing	NOUN
cblr-1213	720	87	would	would	AUX
cblr-1213	720	88	introduce	introduce	VERB
cblr-1213	720	89	a	a	DET
cblr-1213	720	90	new	new	ADJ
cblr-1213	720	91	potential	potential	ADJ
cblr-1213	720	92	source	source	NOUN
cblr-1213	720	93	of	of	ADP
cblr-1213	720	94	pricing	pricing	NOUN
cblr-1213	720	95	error	error	NOUN
cblr-1213	720	96	”	"	PUNCT
cblr-1213	720	97	because	because	SCONJ
cblr-1213	720	98	a	a	DET
cblr-1213	720	99	fund	fund	NOUN
cblr-1213	720	100	may	may	AUX
cblr-1213	720	101	well	well	ADV
cblr-1213	720	102	be	be	AUX
cblr-1213	720	103	using	use	VERB
cblr-1213	720	104	estimated	estimate	VERB
cblr-1213	720	105	flow	flow	NOUN
cblr-1213	720	106	information	information	NOUN
cblr-1213	720	107	,	,	PUNCT
cblr-1213	720	108	and	and	CCONJ
cblr-1213	720	109	if	if	SCONJ
cblr-1213	720	110	materially	materially	ADV
cblr-1213	720	111	inaccurate	inaccurate	ADJ
cblr-1213	720	112	,	,	PUNCT
cblr-1213	720	113	cause	cause	VERB
cblr-1213	720	114	the	the	DET
cblr-1213	720	115	fund	fund	NOUN
cblr-1213	720	116	to	to	PART
cblr-1213	720	117	materially	materially	ADV
cblr-1213	720	118	misstate	misstate	VERB
cblr-1213	720	119	its	its	PRON
cblr-1213	720	120	nav.213	nav.213	NOUN
cblr-1213	720	121	incorrect	incorrect	ADJ
cblr-1213	720	122	estimations	estimation	NOUN
cblr-1213	720	123	of	of	ADP
cblr-1213	720	124	the	the	DET
cblr-1213	720	125	swing	swing	NOUN
cblr-1213	720	126	factor	factor	NOUN
cblr-1213	720	127	may	may	AUX
cblr-1213	720	128	trigger	trigger	VERB
cblr-1213	720	129	a	a	DET
cblr-1213	720	130	fund	fund	NOUN
cblr-1213	720	131	’s	’s	PART
cblr-1213	720	132	price	price	NOUN
cblr-1213	720	133	or	or	CCONJ
cblr-1213	720	134	nav	nav	NOUN
cblr-1213	720	135	208	208	NUM
cblr-1213	720	136	direct	direct	ADJ
cblr-1213	720	137	shareholders	shareholder	NOUN
cblr-1213	720	138	are	be	AUX
cblr-1213	720	139	shareholders	shareholder	NOUN
cblr-1213	720	140	whose	whose	DET
cblr-1213	720	141	accounts	account	NOUN
cblr-1213	720	142	are	be	AUX
cblr-1213	720	143	directly	directly	ADV
cblr-1213	720	144	on	on	ADP
cblr-1213	720	145	the	the	DET
cblr-1213	720	146	fund	fund	NOUN
cblr-1213	720	147	’s	’s	PART
cblr-1213	720	148	transfer	transfer	NOUN
cblr-1213	720	149	agent	agent	NOUN
cblr-1213	720	150	system	system	NOUN
cblr-1213	720	151	and	and	CCONJ
cblr-1213	720	152	do	do	AUX
cblr-1213	720	153	n’t	not	PART
cblr-1213	720	154	go	go	VERB
cblr-1213	720	155	through	through	ADP
cblr-1213	720	156	an	an	DET
cblr-1213	720	157	intermediary	intermediary	NOUN
cblr-1213	720	158	.	.	PUNCT
cblr-1213	721	1	209	209	NUM
cblr-1213	722	1	the	the	DET
cblr-1213	722	2	transfer	transfer	NOUN
cblr-1213	722	3	agent	agent	NOUN
cblr-1213	722	4	processes	process	VERB
cblr-1213	722	5	all	all	DET
cblr-1213	722	6	trades	trade	NOUN
cblr-1213	722	7	and	and	CCONJ
cblr-1213	722	8	tells	tell	VERB
cblr-1213	722	9	the	the	DET
cblr-1213	722	10	fund	fund	NOUN
cblr-1213	722	11	how	how	SCONJ
cblr-1213	722	12	much	much	ADJ
cblr-1213	722	13	cash	cash	NOUN
cblr-1213	722	14	it	it	PRON
cblr-1213	722	15	needs	need	VERB
cblr-1213	722	16	to	to	PART
cblr-1213	722	17	make	make	VERB
cblr-1213	722	18	available	available	ADJ
cblr-1213	722	19	for	for	ADP
cblr-1213	722	20	redemptions	redemption	NOUN
cblr-1213	722	21	,	,	PUNCT
cblr-1213	722	22	or	or	CCONJ
cblr-1213	722	23	how	how	SCONJ
cblr-1213	722	24	much	much	ADJ
cblr-1213	722	25	it	it	PRON
cblr-1213	722	26	has	have	VERB
cblr-1213	722	27	to	to	PART
cblr-1213	722	28	invest	invest	VERB
cblr-1213	722	29	.	.	PUNCT
cblr-1213	723	1	shareholder	shareholder	NOUN
cblr-1213	723	2	trades	trade	NOUN
cblr-1213	723	3	can	can	AUX
cblr-1213	723	4	be	be	AUX
cblr-1213	723	5	t+1	t+1	PROPN
cblr-1213	723	6	or	or	CCONJ
cblr-1213	723	7	t+3	t+3	VERB
cblr-1213	723	8	,	,	PUNCT
cblr-1213	723	9	so	so	SCONJ
cblr-1213	723	10	funds	fund	NOUN
cblr-1213	723	11	may	may	AUX
cblr-1213	723	12	have	have	VERB
cblr-1213	723	13	advanced	advanced	ADJ
cblr-1213	723	14	notice	notice	NOUN
cblr-1213	723	15	of	of	ADP
cblr-1213	723	16	large	large	ADJ
cblr-1213	723	17	trades	trade	NOUN
cblr-1213	723	18	.	.	PUNCT
cblr-1213	724	1	the	the	DET
cblr-1213	724	2	information	information	NOUN
cblr-1213	724	3	is	be	AUX
cblr-1213	724	4	sent	send	VERB
cblr-1213	724	5	to	to	ADP
cblr-1213	724	6	the	the	DET
cblr-1213	724	7	fund	fund	NOUN
cblr-1213	724	8	’s	’s	PART
cblr-1213	724	9	accounting	accounting	NOUN
cblr-1213	724	10	agent	agent	NOUN
cblr-1213	724	11	who	who	PRON
cblr-1213	724	12	sends	send	VERB
cblr-1213	724	13	a	a	DET
cblr-1213	724	14	“	"	PUNCT
cblr-1213	724	15	cash	cash	NOUN
cblr-1213	724	16	sheet	sheet	NOUN
cblr-1213	724	17	”	"	PUNCT
cblr-1213	724	18	or	or	CCONJ
cblr-1213	724	19	“	"	PUNCT
cblr-1213	724	20	super	super	ADJ
cblr-1213	724	21	sheet	sheet	NOUN
cblr-1213	724	22	”	"	PUNCT
cblr-1213	724	23	to	to	ADP
cblr-1213	724	24	the	the	DET
cblr-1213	724	25	portfolio	portfolio	NOUN
cblr-1213	724	26	manager	manager	NOUN
cblr-1213	724	27	/	/	SYM
cblr-1213	724	28	team	team	NOUN
cblr-1213	724	29	who	who	PRON
cblr-1213	724	30	will	will	AUX
cblr-1213	724	31	then	then	ADV
cblr-1213	724	32	adjust	adjust	VERB
cblr-1213	724	33	the	the	DET
cblr-1213	724	34	portfolio	portfolio	NOUN
cblr-1213	724	35	as	as	SCONJ
cblr-1213	724	36	needed	need	VERB
cblr-1213	724	37	.	.	PUNCT
cblr-1213	725	1	210	210	NUM
cblr-1213	725	2	the	the	DET
cblr-1213	725	3	alfi	alfi	PROPN
cblr-1213	725	4	swing	swing	NOUN
cblr-1213	725	5	pricing	pricing	NOUN
cblr-1213	725	6	guidelines	guideline	NOUN
cblr-1213	725	7	provide	provide	VERB
cblr-1213	725	8	:	:	PUNCT
cblr-1213	725	9	“	"	PUNCT
cblr-1213	725	10	if	if	SCONJ
cblr-1213	725	11	acting	act	VERB
cblr-1213	725	12	in	in	ADP
cblr-1213	725	13	good	good	ADJ
cblr-1213	725	14	faith	faith	NOUN
cblr-1213	725	15	,	,	PUNCT
cblr-1213	725	16	the	the	DET
cblr-1213	725	17	fund	fund	NOUN
cblr-1213	725	18	is	be	AUX
cblr-1213	725	19	swung	swing	VERB
cblr-1213	725	20	based	base	VERB
cblr-1213	725	21	on	on	ADP
cblr-1213	725	22	a	a	DET
cblr-1213	725	23	flow	flow	NOUN
cblr-1213	725	24	estimate	estimate	NOUN
cblr-1213	725	25	which	which	PRON
cblr-1213	725	26	is	be	AUX
cblr-1213	725	27	subsequently	subsequently	ADV
cblr-1213	725	28	found	find	VERB
cblr-1213	725	29	to	to	PART
cblr-1213	725	30	be	be	AUX
cblr-1213	725	31	inaccurate	inaccurate	ADJ
cblr-1213	725	32	,	,	PUNCT
cblr-1213	725	33	this	this	PRON
cblr-1213	725	34	in	in	ADP
cblr-1213	725	35	itself	itself	PRON
cblr-1213	725	36	would	would	AUX
cblr-1213	725	37	not	not	PART
cblr-1213	725	38	normally	normally	ADV
cblr-1213	725	39	be	be	AUX
cblr-1213	725	40	considered	consider	VERB
cblr-1213	725	41	an	an	DET
cblr-1213	725	42	error	error	NOUN
cblr-1213	725	43	if	if	SCONJ
cblr-1213	725	44	the	the	DET
cblr-1213	725	45	fund	fund	NOUN
cblr-1213	725	46	’s	’s	PART
cblr-1213	725	47	standard	standard	ADJ
cblr-1213	725	48	and	and	CCONJ
cblr-1213	725	49	appropriate	appropriate	ADJ
cblr-1213	725	50	policies	policy	NOUN
cblr-1213	725	51	and	and	CCONJ
cblr-1213	725	52	procedures	procedure	NOUN
cblr-1213	725	53	have	have	AUX
cblr-1213	725	54	been	be	AUX
cblr-1213	725	55	followed	follow	VERB
cblr-1213	725	56	.	.	PUNCT
cblr-1213	725	57	”	"	PUNCT
cblr-1213	726	1	alfi	alfi	VERB
cblr-1213	726	2	2015	2015	NUM
cblr-1213	726	3	guidelines	guideline	NOUN
cblr-1213	726	4	,	,	PUNCT
cblr-1213	726	5	supra	supra	PROPN
cblr-1213	726	6	note	note	NOUN
cblr-1213	726	7	58	58	NUM
cblr-1213	726	8	,	,	PUNCT
cblr-1213	726	9	at	at	ADP
cblr-1213	726	10	30	30	NUM
cblr-1213	726	11	.	.	PUNCT
cblr-1213	727	1	211	211	NUM
cblr-1213	727	2	final	final	ADJ
cblr-1213	727	3	rules	rule	NOUN
cblr-1213	727	4	,	,	PUNCT
cblr-1213	727	5	supra	supra	PROPN
cblr-1213	727	6	note	note	NOUN
cblr-1213	727	7	4	4	NUM
cblr-1213	727	8	,	,	PUNCT
cblr-1213	727	9	at	at	ADP
cblr-1213	727	10	82100	82100	NUM
cblr-1213	727	11	n.189	n.189	PROPN
cblr-1213	727	12	.	.	PUNCT
cblr-1213	728	1	see	see	AUX
cblr-1213	728	2	also	also	ADV
cblr-1213	728	3	swing	swing	VERB
cblr-1213	728	4	pricing	price	VERB
cblr-1213	728	5	first	first	ADJ
cblr-1213	728	6	proposal	proposal	NOUN
cblr-1213	728	7	,	,	PUNCT
cblr-1213	728	8	supra	supra	PROPN
cblr-1213	728	9	note	note	NOUN
cblr-1213	728	10	4	4	NUM
cblr-1213	728	11	,	,	PUNCT
cblr-1213	728	12	at	at	ADP
cblr-1213	728	13	62340	62340	NUM
cblr-1213	728	14	.	.	PUNCT
cblr-1213	729	1	212	212	NUM
cblr-1213	729	2	dechert	dechert	NOUN
cblr-1213	729	3	,	,	PUNCT
cblr-1213	729	4	supra	supra	PROPN
cblr-1213	729	5	note	note	PROPN
cblr-1213	729	6	201	201	NUM
cblr-1213	729	7	,	,	PUNCT
cblr-1213	729	8	at	at	ADP
cblr-1213	729	9	24	24	NUM
cblr-1213	729	10	(	(	PUNCT
cblr-1213	729	11	“	"	PUNCT
cblr-1213	729	12	[	[	X
cblr-1213	729	13	t]he	t]he	ADJ
cblr-1213	729	14	commission	commission	NOUN
cblr-1213	729	15	could	could	AUX
cblr-1213	729	16	expressly	expressly	ADV
cblr-1213	729	17	provide	provide	VERB
cblr-1213	729	18	that	that	SCONJ
cblr-1213	729	19	the	the	DET
cblr-1213	729	20	relevant	relevant	ADJ
cblr-1213	729	21	parties	party	NOUN
cblr-1213	729	22	,	,	PUNCT
cblr-1213	729	23	including	include	VERB
cblr-1213	729	24	the	the	DET
cblr-1213	729	25	fund	fund	NOUN
cblr-1213	729	26	,	,	PUNCT
cblr-1213	729	27	the	the	DET
cblr-1213	729	28	swing	swing	NOUN
cblr-1213	729	29	pricing	pricing	NOUN
cblr-1213	729	30	administrator	administrator	NOUN
cblr-1213	729	31	and	and	CCONJ
cblr-1213	729	32	the	the	DET
cblr-1213	729	33	fund	fund	NOUN
cblr-1213	729	34	board	board	PROPN
cblr-1213	729	35	,	,	PUNCT
cblr-1213	729	36	would	would	AUX
cblr-1213	729	37	not	not	PART
cblr-1213	729	38	be	be	AUX
cblr-1213	729	39	exposed	expose	VERB
cblr-1213	729	40	to	to	ADP
cblr-1213	729	41	liability	liability	NOUN
cblr-1213	729	42	for	for	ADP
cblr-1213	729	43	nav	nav	NOUN
cblr-1213	729	44	errors	error	NOUN
cblr-1213	729	45	of	of	ADP
cblr-1213	729	46	this	this	DET
cblr-1213	729	47	type	type	NOUN
cblr-1213	729	48	if	if	SCONJ
cblr-1213	729	49	there	there	PRON
cblr-1213	729	50	were	be	VERB
cblr-1213	729	51	adequate	adequate	ADJ
cblr-1213	729	52	guardrails	guardrail	NOUN
cblr-1213	729	53	in	in	ADP
cblr-1213	729	54	place	place	NOUN
cblr-1213	729	55	and	and	CCONJ
cblr-1213	729	56	reasonable	reasonable	ADJ
cblr-1213	729	57	measures	measure	NOUN
cblr-1213	729	58	were	be	AUX
cblr-1213	729	59	taken	take	VERB
cblr-1213	729	60	to	to	PART
cblr-1213	729	61	implement	implement	VERB
cblr-1213	729	62	swing	swing	NOUN
cblr-1213	729	63	pricing	pricing	NOUN
cblr-1213	729	64	.	.	PUNCT
cblr-1213	729	65	”	"	PUNCT
cblr-1213	729	66	)	)	PUNCT
cblr-1213	729	67	.	.	PUNCT
cblr-1213	730	1	213	213	NUM
cblr-1213	730	2	inv	inv	VERB
cblr-1213	730	3	.	.	PUNCT
cblr-1213	730	4	co.	co.	PROPN
cblr-1213	730	5	inst	inst	PROPN
cblr-1213	730	6	.	.	PUNCT
cblr-1213	730	7	comment	comment	NOUN
cblr-1213	730	8	letter	letter	NOUN
cblr-1213	730	9	,	,	PUNCT
cblr-1213	730	10	supra	supra	PROPN
cblr-1213	730	11	note	note	NOUN
cblr-1213	730	12	9	9	NUM
cblr-1213	730	13	,	,	PUNCT
cblr-1213	730	14	at	at	ADP
cblr-1213	730	15	62	62	NUM
cblr-1213	730	16	.	.	PUNCT
cblr-1213	731	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	731	2	178	178	NUM
cblr-1213	731	3	columbia	columbia	PROPN
cblr-1213	731	4	business	business	NOUN
cblr-1213	731	5	law	law	PROPN
cblr-1213	731	6	review	review	NOUN
cblr-1213	731	7	[	[	X
cblr-1213	731	8	vol	vol	NOUN
cblr-1213	731	9	.	.	NOUN
cblr-1213	731	10	2018	2018	NUM
cblr-1213	731	11	correction	correction	NOUN
cblr-1213	731	12	policies.214	policies.214	ADJ
cblr-1213	731	13	funds	fund	NOUN
cblr-1213	731	14	’	'	PUNCT
cblr-1213	731	15	nav	nav	NOUN
cblr-1213	731	16	correction	correction	NOUN
cblr-1213	731	17	policies	policy	NOUN
cblr-1213	731	18	typically	typically	ADV
cblr-1213	731	19	provide	provide	VERB
cblr-1213	731	20	for	for	ADP
cblr-1213	731	21	a	a	DET
cblr-1213	731	22	fund	fund	NOUN
cblr-1213	731	23	to	to	PART
cblr-1213	731	24	correct	correct	VERB
cblr-1213	731	25	a	a	DET
cblr-1213	731	26	material	material	NOUN
cblr-1213	731	27	nav	nav	NOUN
cblr-1213	731	28	error	error	NOUN
cblr-1213	731	29	and	and	CCONJ
cblr-1213	731	30	require	require	VERB
cblr-1213	731	31	a	a	DET
cblr-1213	731	32	fund	fund	NOUN
cblr-1213	731	33	’s	’s	PART
cblr-1213	731	34	investment	investment	NOUN
cblr-1213	731	35	advisor	advisor	NOUN
cblr-1213	731	36	to	to	PART
cblr-1213	731	37	reimburse	reimburse	VERB
cblr-1213	731	38	shareholders	shareholder	NOUN
cblr-1213	731	39	suffering	suffer	VERB
cblr-1213	731	40	“	"	PUNCT
cblr-1213	731	41	material	material	ADJ
cblr-1213	731	42	economic	economic	ADJ
cblr-1213	731	43	loss	loss	NOUN
cblr-1213	731	44	due	due	ADP
cblr-1213	731	45	to	to	ADP
cblr-1213	731	46	the	the	DET
cblr-1213	731	47	errors	error	NOUN
cblr-1213	731	48	.	.	PUNCT
cblr-1213	732	1	”215	”215	PROPN
cblr-1213	732	2	nav	nav	PROPN
cblr-1213	732	3	misstatements	misstatement	NOUN
cblr-1213	732	4	would	would	AUX
cblr-1213	732	5	require	require	VERB
cblr-1213	732	6	reprocessing	reprocess	VERB
cblr-1213	732	7	all	all	DET
cblr-1213	732	8	shareholders	shareholder	NOUN
cblr-1213	732	9	affected	affect	VERB
cblr-1213	732	10	by	by	ADP
cblr-1213	732	11	the	the	DET
cblr-1213	732	12	inaccurate	inaccurate	ADJ
cblr-1213	732	13	nav	nav	NOUN
cblr-1213	732	14	;	;	PUNCT
cblr-1213	732	15	a	a	DET
cblr-1213	732	16	significant	significant	ADJ
cblr-1213	732	17	burden	burden	NOUN
cblr-1213	732	18	would	would	AUX
cblr-1213	732	19	thereby	thereby	ADV
cblr-1213	732	20	be	be	AUX
cblr-1213	732	21	placed	place	VERB
cblr-1213	732	22	on	on	ADP
cblr-1213	732	23	funds	fund	NOUN
cblr-1213	732	24	and	and	CCONJ
cblr-1213	732	25	their	their	PRON
cblr-1213	732	26	service	service	NOUN
cblr-1213	732	27	providers.216	providers.216	VERB
cblr-1213	732	28	rather	rather	ADV
cblr-1213	732	29	than	than	ADP
cblr-1213	732	30	create	create	VERB
cblr-1213	732	31	a	a	DET
cblr-1213	732	32	safe	safe	ADJ
cblr-1213	732	33	harbor	harbor	NOUN
cblr-1213	732	34	,	,	PUNCT
cblr-1213	732	35	the	the	DET
cblr-1213	732	36	rules	rule	NOUN
cblr-1213	732	37	rely	rely	VERB
cblr-1213	732	38	on	on	ADP
cblr-1213	732	39	a	a	DET
cblr-1213	732	40	reasonable	reasonable	ADJ
cblr-1213	732	41	estimate	estimate	NOUN
cblr-1213	732	42	of	of	ADP
cblr-1213	732	43	fund	fund	NOUN
cblr-1213	732	44	flows	flow	VERB
cblr-1213	732	45	after	after	SCONJ
cblr-1213	732	46	a	a	DET
cblr-1213	732	47	reasonable	reasonable	ADJ
cblr-1213	732	48	inquiry.217	inquiry.217	NUM
cblr-1213	732	49	the	the	DET
cblr-1213	732	50	swing	swing	NOUN
cblr-1213	732	51	pricing	pricing	NOUN
cblr-1213	732	52	policies	policy	NOUN
cblr-1213	732	53	and	and	CCONJ
cblr-1213	732	54	procedures	procedure	NOUN
cblr-1213	732	55	required	require	VERB
cblr-1213	732	56	under	under	ADP
cblr-1213	732	57	the	the	DET
cblr-1213	732	58	rules	rule	NOUN
cblr-1213	732	59	should	should	AUX
cblr-1213	732	60	outline	outline	VERB
cblr-1213	732	61	flow	flow	NOUN
cblr-1213	732	62	estimate	estimate	NOUN
cblr-1213	732	63	procedures.218	procedures.218	NOUN
cblr-1213	732	64	what	what	PRON
cblr-1213	732	65	constitutes	constitute	VERB
cblr-1213	732	66	a	a	DET
cblr-1213	732	67	reasonable	reasonable	ADJ
cblr-1213	732	68	estimate	estimate	NOUN
cblr-1213	732	69	will	will	AUX
cblr-1213	732	70	vary	vary	VERB
cblr-1213	732	71	depending	depend	VERB
cblr-1213	732	72	on	on	ADP
cblr-1213	732	73	the	the	DET
cblr-1213	732	74	fund	fund	NOUN
cblr-1213	732	75	and	and	CCONJ
cblr-1213	732	76	the	the	DET
cblr-1213	732	77	trading	trading	NOUN
cblr-1213	732	78	circumstances.219	circumstances.219	NOUN
cblr-1213	732	79	for	for	ADP
cblr-1213	732	80	example	example	NOUN
cblr-1213	732	81	,	,	PUNCT
cblr-1213	732	82	a	a	DET
cblr-1213	732	83	fund	fund	NOUN
cblr-1213	732	84	with	with	ADP
cblr-1213	732	85	consistent	consistent	ADJ
cblr-1213	732	86	redemption	redemption	NOUN
cblr-1213	732	87	levels	level	NOUN
cblr-1213	732	88	and	and	CCONJ
cblr-1213	732	89	a	a	DET
cblr-1213	732	90	large	large	ADJ
cblr-1213	732	91	,	,	PUNCT
cblr-1213	732	92	direct	direct	ADJ
cblr-1213	732	93	shareholder	shareholder	NOUN
cblr-1213	732	94	base	base	NOUN
cblr-1213	732	95	(	(	PUNCT
cblr-1213	732	96	as	as	SCONJ
cblr-1213	732	97	opposed	oppose	VERB
cblr-1213	732	98	to	to	ADP
cblr-1213	732	99	retirement	retirement	NOUN
cblr-1213	732	100	plan	plan	NOUN
cblr-1213	732	101	investors	investor	NOUN
cblr-1213	732	102	)	)	PUNCT
cblr-1213	732	103	may	may	AUX
cblr-1213	732	104	be	be	AUX
cblr-1213	732	105	“	"	PUNCT
cblr-1213	732	106	better	well	ADV
cblr-1213	732	107	positioned	position	VERB
cblr-1213	732	108	to	to	PART
cblr-1213	732	109	make	make	VERB
cblr-1213	732	110	a	a	DET
cblr-1213	732	111	high	high	ADJ
cblr-1213	732	112	confidence	confidence	NOUN
cblr-1213	732	113	estimate	estimate	NOUN
cblr-1213	732	114	of	of	ADP
cblr-1213	732	115	flows	flow	NOUN
cblr-1213	732	116	with	with	ADP
cblr-1213	732	117	less	less	ADJ
cblr-1213	732	118	effort	effort	NOUN
cblr-1213	732	119	,	,	PUNCT
cblr-1213	732	120	than	than	ADP
cblr-1213	732	121	a	a	DET
cblr-1213	732	122	fund	fund	NOUN
cblr-1213	732	123	that	that	PRON
cblr-1213	732	124	is	be	AUX
cblr-1213	732	125	primarily	primarily	ADV
cblr-1213	732	126	distributed	distribute	VERB
cblr-1213	732	127	through	through	ADP
cblr-1213	732	128	intermediaries	intermediary	NOUN
cblr-1213	732	129	,	,	PUNCT
cblr-1213	732	130	who	who	PRON
cblr-1213	732	131	has	have	AUX
cblr-1213	732	132	experienced	experience	VERB
cblr-1213	732	133	volatile	volatile	ADJ
cblr-1213	732	134	purchases	purchase	NOUN
cblr-1213	732	135	and	and	CCONJ
cblr-1213	732	136	redemptions	redemption	NOUN
cblr-1213	732	137	and	and	CCONJ
cblr-1213	732	138	has	have	VERB
cblr-1213	732	139	a	a	DET
cblr-1213	732	140	mix	mix	NOUN
cblr-1213	732	141	of	of	ADP
cblr-1213	732	142	distribution	distribution	NOUN
cblr-1213	732	143	partners	partner	NOUN
cblr-1213	732	144	and	and	CCONJ
cblr-1213	732	145	institutional	institutional	ADJ
cblr-1213	732	146	and	and	CCONJ
cblr-1213	732	147	retail	retail	ADJ
cblr-1213	732	148	shareholders	shareholder	NOUN
cblr-1213	732	149	.	.	PUNCT
cblr-1213	732	150	”220	”220	PUNCT
cblr-1213	732	151	the	the	DET
cblr-1213	732	152	sec	sec	PROPN
cblr-1213	732	153	also	also	ADV
cblr-1213	732	154	encouraged	encourage	VERB
cblr-1213	732	155	214	214	NUM
cblr-1213	732	156	i	i	PRON
cblr-1213	732	157	d.	d.	PROPN
cblr-1213	732	158	215	215	NUM
cblr-1213	733	1	i	i	PRON
cblr-1213	733	2	d.	d.	PROPN
cblr-1213	733	3	at	at	ADP
cblr-1213	733	4	61–62	61–62	NUM
cblr-1213	733	5	.	.	PROPN
cblr-1213	733	6	216	216	NUM
cblr-1213	733	7	i	i	PRON
cblr-1213	733	8	d.	d.	NOUN
cblr-1213	733	9	at	at	ADP
cblr-1213	733	10	62	62	NUM
cblr-1213	733	11	.	.	PUNCT
cblr-1213	733	12	217	217	NUM
cblr-1213	733	13	final	final	ADJ
cblr-1213	733	14	rules	rule	NOUN
cblr-1213	733	15	,	,	PUNCT
cblr-1213	733	16	supra	supra	PROPN
cblr-1213	733	17	note	note	NOUN
cblr-1213	733	18	4	4	NUM
cblr-1213	733	19	,	,	PUNCT
cblr-1213	733	20	at	at	ADP
cblr-1213	733	21	82099	82099	NUM
cblr-1213	733	22	(	(	PUNCT
cblr-1213	733	23	discussing	discuss	VERB
cblr-1213	733	24	price	price	NOUN
cblr-1213	733	25	and	and	CCONJ
cblr-1213	733	26	swing	swing	NOUN
cblr-1213	733	27	threshold	threshold	NOUN
cblr-1213	733	28	estimates	estimate	NOUN
cblr-1213	733	29	)	)	PUNCT
cblr-1213	733	30	.	.	PUNCT
cblr-1213	734	1	cf	cf	NOUN
cblr-1213	734	2	.	.	PUNCT
cblr-1213	735	1	invesco	invesco	PROPN
cblr-1213	735	2	,	,	PUNCT
cblr-1213	735	3	supra	supra	PROPN
cblr-1213	735	4	note	note	NOUN
cblr-1213	735	5	98	98	NUM
cblr-1213	735	6	,	,	PUNCT
cblr-1213	735	7	at	at	ADP
cblr-1213	735	8	6	6	NUM
cblr-1213	735	9	(	(	PUNCT
cblr-1213	735	10	urging	urge	VERB
cblr-1213	735	11	the	the	DET
cblr-1213	735	12	sec	sec	PROPN
cblr-1213	735	13	to	to	PART
cblr-1213	735	14	create	create	VERB
cblr-1213	735	15	a	a	DET
cblr-1213	735	16	“	"	PUNCT
cblr-1213	735	17	safe	safe	ADJ
cblr-1213	735	18	harbor	harbor	NOUN
cblr-1213	735	19	for	for	ADP
cblr-1213	735	20	good	good	ADJ
cblr-1213	735	21	faith	faith	NOUN
cblr-1213	735	22	decisions	decision	NOUN
cblr-1213	735	23	and	and	CCONJ
cblr-1213	735	24	actions	action	NOUN
cblr-1213	735	25	that	that	PRON
cblr-1213	735	26	shield	shield	VERB
cblr-1213	735	27	funds	fund	NOUN
cblr-1213	735	28	from	from	ADP
cblr-1213	735	29	potential	potential	ADJ
cblr-1213	735	30	liability	liability	NOUN
cblr-1213	735	31	”	"	PUNCT
cblr-1213	735	32	)	)	PUNCT
cblr-1213	735	33	.	.	PUNCT
cblr-1213	736	1	218	218	NUM
cblr-1213	736	2	final	final	ADJ
cblr-1213	736	3	rules	rule	NOUN
cblr-1213	736	4	,	,	PUNCT
cblr-1213	736	5	supra	supra	PROPN
cblr-1213	736	6	note	note	NOUN
cblr-1213	736	7	4	4	NUM
cblr-1213	736	8	,	,	PUNCT
cblr-1213	736	9	at	at	ADP
cblr-1213	736	10	82100	82100	NUM
cblr-1213	736	11	(	(	PUNCT
cblr-1213	736	12	“	"	PUNCT
cblr-1213	736	13	such	such	ADJ
cblr-1213	736	14	policies	policy	NOUN
cblr-1213	736	15	and	and	CCONJ
cblr-1213	736	16	procedures	procedure	NOUN
cblr-1213	736	17	could	could	AUX
cblr-1213	736	18	describe	describe	VERB
cblr-1213	736	19	the	the	DET
cblr-1213	736	20	process	process	NOUN
cblr-1213	736	21	by	by	ADP
cblr-1213	736	22	which	which	PRON
cblr-1213	736	23	the	the	DET
cblr-1213	736	24	fund	fund	NOUN
cblr-1213	736	25	obtains	obtain	VERB
cblr-1213	736	26	shareholder	shareholder	NOUN
cblr-1213	736	27	flow	flow	NOUN
cblr-1213	736	28	information	information	NOUN
cblr-1213	736	29	—	—	PUNCT
cblr-1213	736	30	including	include	VERB
cblr-1213	736	31	flows	flow	NOUN
cblr-1213	736	32	obtained	obtain	VERB
cblr-1213	736	33	from	from	ADP
cblr-1213	736	34	intermediaries	intermediary	NOUN
cblr-1213	736	35	—	—	PUNCT
cblr-1213	736	36	as	as	ADV
cblr-1213	736	37	well	well	ADV
cblr-1213	736	38	as	as	ADP
cblr-1213	736	39	the	the	DET
cblr-1213	736	40	amount	amount	NOUN
cblr-1213	736	41	and	and	CCONJ
cblr-1213	736	42	kind	kind	NOUN
cblr-1213	736	43	of	of	ADP
cblr-1213	736	44	transaction	transaction	NOUN
cblr-1213	736	45	data	datum	NOUN
cblr-1213	736	46	that	that	PRON
cblr-1213	736	47	the	the	DET
cblr-1213	736	48	fund	fund	NOUN
cblr-1213	736	49	believes	believe	VERB
cblr-1213	736	50	necessary	necessary	ADJ
cblr-1213	736	51	to	to	PART
cblr-1213	736	52	obtain	obtain	VERB
cblr-1213	736	53	before	before	ADP
cblr-1213	736	54	making	make	VERB
cblr-1213	736	55	its	its	PRON
cblr-1213	736	56	estimate	estimate	NOUN
cblr-1213	736	57	of	of	ADP
cblr-1213	736	58	total	total	ADJ
cblr-1213	736	59	net	net	ADJ
cblr-1213	736	60	flows	flow	NOUN
cblr-1213	736	61	in	in	ADP
cblr-1213	736	62	order	order	NOUN
cblr-1213	736	63	to	to	PART
cblr-1213	736	64	determine	determine	VERB
cblr-1213	736	65	whether	whether	SCONJ
cblr-1213	736	66	the	the	DET
cblr-1213	736	67	swing	swing	NOUN
cblr-1213	736	68	threshold	threshold	NOUN
cblr-1213	736	69	has	have	AUX
cblr-1213	736	70	been	be	AUX
cblr-1213	736	71	exceeded	exceed	VERB
cblr-1213	736	72	,	,	PUNCT
cblr-1213	736	73	and	and	CCONJ
cblr-1213	736	74	applying	apply	VERB
cblr-1213	736	75	swing	swing	NOUN
cblr-1213	736	76	pricing	pricing	NOUN
cblr-1213	736	77	that	that	DET
cblr-1213	736	78	day	day	NOUN
cblr-1213	736	79	.	.	PUNCT
cblr-1213	736	80	”	"	PUNCT
cblr-1213	736	81	)	)	PUNCT
cblr-1213	736	82	.	.	PUNCT
cblr-1213	737	1	219	219	NUM
cblr-1213	738	1	i	i	PRON
cblr-1213	738	2	d.	d.	NOUN
cblr-1213	738	3	at	at	ADP
cblr-1213	738	4	82100	82100	NUM
cblr-1213	738	5	(	(	PUNCT
cblr-1213	738	6	“	"	PUNCT
cblr-1213	738	7	we	we	PRON
cblr-1213	738	8	recognize	recognize	VERB
cblr-1213	738	9	that	that	SCONJ
cblr-1213	738	10	funds	fund	NOUN
cblr-1213	738	11	may	may	AUX
cblr-1213	738	12	take	take	VERB
cblr-1213	738	13	different	different	ADJ
cblr-1213	738	14	approaches	approach	NOUN
cblr-1213	738	15	in	in	ADP
cblr-1213	738	16	determining	determine	VERB
cblr-1213	738	17	whether	whether	SCONJ
cblr-1213	738	18	they	they	PRON
cblr-1213	738	19	have	have	VERB
cblr-1213	738	20	sufficient	sufficient	ADJ
cblr-1213	738	21	flow	flow	NOUN
cblr-1213	738	22	data	datum	NOUN
cblr-1213	738	23	to	to	PART
cblr-1213	738	24	make	make	VERB
cblr-1213	738	25	a	a	DET
cblr-1213	738	26	reasonable	reasonable	ADJ
cblr-1213	738	27	high	high	ADJ
cblr-1213	738	28	confidence	confidence	NOUN
cblr-1213	738	29	estimate	estimate	NOUN
cblr-1213	738	30	,	,	PUNCT
cblr-1213	738	31	and	and	CCONJ
cblr-1213	738	32	that	that	SCONJ
cblr-1213	738	33	the	the	DET
cblr-1213	738	34	completeness	completeness	NOUN
cblr-1213	738	35	of	of	ADP
cblr-1213	738	36	data	datum	NOUN
cblr-1213	738	37	—	—	PUNCT
cblr-1213	738	38	such	such	ADJ
cblr-1213	738	39	as	as	ADP
cblr-1213	738	40	the	the	DET
cblr-1213	738	41	percentage	percentage	NOUN
cblr-1213	738	42	of	of	ADP
cblr-1213	738	43	actual	actual	ADJ
cblr-1213	738	44	versus	versus	ADP
cblr-1213	738	45	estimated	estimate	VERB
cblr-1213	738	46	net	net	ADJ
cblr-1213	738	47	flow	flow	NOUN
cblr-1213	738	48	data	datum	NOUN
cblr-1213	738	49	—	—	PUNCT
cblr-1213	738	50	as	as	ADV
cblr-1213	738	51	well	well	ADV
cblr-1213	738	52	as	as	ADP
cblr-1213	738	53	the	the	DET
cblr-1213	738	54	nature	nature	NOUN
cblr-1213	738	55	and	and	CCONJ
cblr-1213	738	56	types	type	NOUN
cblr-1213	738	57	of	of	ADP
cblr-1213	738	58	estimates	estimate	NOUN
cblr-1213	738	59	used	use	VERB
cblr-1213	738	60	may	may	AUX
cblr-1213	738	61	vary	vary	VERB
cblr-1213	738	62	based	base	VERB
cblr-1213	738	63	on	on	ADP
cblr-1213	738	64	the	the	DET
cblr-1213	738	65	particular	particular	ADJ
cblr-1213	738	66	circumstances	circumstance	NOUN
cblr-1213	738	67	of	of	ADP
cblr-1213	738	68	the	the	DET
cblr-1213	738	69	fund	fund	NOUN
cblr-1213	738	70	.	.	PUNCT
cblr-1213	738	71	”	"	PUNCT
cblr-1213	738	72	)	)	PUNCT
cblr-1213	738	73	.	.	PUNCT
cblr-1213	739	1	220	220	NUM
cblr-1213	740	1	i	i	PRON
cblr-1213	740	2	d.	d.	PROPN
cblr-1213	740	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	740	4	no	no	INTJ
cblr-1213	740	5	.	.	PUNCT
cblr-1213	741	1	1:130	1:130	NUM
cblr-1213	741	2	]	]	X
cblr-1213	741	3	will	will	AUX
cblr-1213	741	4	swing	swing	VERB
cblr-1213	741	5	pricing	pricing	NOUN
cblr-1213	741	6	save	save	VERB
cblr-1213	741	7	sedentary	sedentary	ADJ
cblr-1213	741	8	shareholders	shareholder	NOUN
cblr-1213	741	9	?	?	PUNCT
cblr-1213	742	1	179	179	NUM
cblr-1213	742	2	funds	fund	NOUN
cblr-1213	742	3	,	,	PUNCT
cblr-1213	742	4	consistent	consistent	ADJ
cblr-1213	742	5	with	with	ADP
cblr-1213	742	6	european	european	ADJ
cblr-1213	742	7	practices	practice	NOUN
cblr-1213	742	8	,	,	PUNCT
cblr-1213	742	9	to	to	PART
cblr-1213	742	10	regularly	regularly	ADV
cblr-1213	742	11	backtest	backt	ADJ
cblr-1213	742	12	fund	fund	NOUN
cblr-1213	742	13	flow	flow	NOUN
cblr-1213	742	14	-	-	PUNCT
cblr-1213	742	15	estimating	estimate	VERB
cblr-1213	742	16	procedures	procedure	NOUN
cblr-1213	742	17	with	with	ADP
cblr-1213	742	18	actual	actual	ADJ
cblr-1213	742	19	data	datum	NOUN
cblr-1213	742	20	to	to	PART
cblr-1213	742	21	confirm	confirm	VERB
cblr-1213	742	22	and	and	CCONJ
cblr-1213	742	23	refine	refine	VERB
cblr-1213	742	24	the	the	DET
cblr-1213	742	25	estimating	estimate	VERB
cblr-1213	742	26	procedures.221	procedures.221	PROPN
cblr-1213	742	27	c.	c.	PROPN
cblr-1213	742	28	fund	fund	PROPN
cblr-1213	742	29	size	size	NOUN
cblr-1213	742	30	matters	matter	VERB
cblr-1213	742	31	large	large	ADJ
cblr-1213	742	32	-	-	PUNCT
cblr-1213	742	33	fund	fund	NOUN
cblr-1213	742	34	-	-	PUNCT
cblr-1213	742	35	complex	complex	NOUN
cblr-1213	742	36	advantages	advantage	NOUN
cblr-1213	742	37	and	and	CCONJ
cblr-1213	742	38	restricted	restrict	VERB
cblr-1213	742	39	fund	fund	NOUN
cblr-1213	742	40	options	option	NOUN
cblr-1213	742	41	are	be	AUX
cblr-1213	742	42	two	two	NUM
cblr-1213	742	43	possible	possible	ADJ
cblr-1213	742	44	side	side	NOUN
cblr-1213	742	45	effects	effect	NOUN
cblr-1213	742	46	of	of	ADP
cblr-1213	742	47	the	the	DET
cblr-1213	742	48	intermediary	intermediary	NOUN
cblr-1213	742	49	/	/	SYM
cblr-1213	742	50	mutual	mutual	ADJ
cblr-1213	742	51	fund	fund	NOUN
cblr-1213	742	52	-	-	PUNCT
cblr-1213	742	53	timing	timing	NOUN
cblr-1213	742	54	problem	problem	NOUN
cblr-1213	742	55	.	.	PUNCT
cblr-1213	743	1	under	under	ADP
cblr-1213	743	2	the	the	DET
cblr-1213	743	3	first	first	ADJ
cblr-1213	743	4	—	—	PUNCT
cblr-1213	743	5	large	large	ADJ
cblr-1213	743	6	fund	fund	NOUN
cblr-1213	743	7	complex	complex	ADJ
cblr-1213	743	8	advantages	advantage	NOUN
cblr-1213	743	9	—	—	PUNCT
cblr-1213	743	10	the	the	DET
cblr-1213	743	11	concern	concern	NOUN
cblr-1213	743	12	is	be	AUX
cblr-1213	743	13	that	that	SCONJ
cblr-1213	743	14	larger	large	ADJ
cblr-1213	743	15	funds	fund	NOUN
cblr-1213	743	16	can	can	AUX
cblr-1213	743	17	exert	exert	VERB
cblr-1213	743	18	more	more	ADJ
cblr-1213	743	19	pressure	pressure	NOUN
cblr-1213	743	20	to	to	PART
cblr-1213	743	21	get	get	VERB
cblr-1213	743	22	their	their	PRON
cblr-1213	743	23	orders	order	NOUN
cblr-1213	743	24	processed	process	VERB
cblr-1213	743	25	first	first	ADV
cblr-1213	743	26	by	by	ADP
cblr-1213	743	27	their	their	PRON
cblr-1213	743	28	distribution	distribution	NOUN
cblr-1213	743	29	partners	partner	NOUN
cblr-1213	743	30	thus	thus	ADV
cblr-1213	743	31	improving	improve	VERB
cblr-1213	743	32	their	their	PRON
cblr-1213	743	33	information	information	NOUN
cblr-1213	743	34	and	and	CCONJ
cblr-1213	743	35	reducing	reduce	VERB
cblr-1213	743	36	operational	operational	ADJ
cblr-1213	743	37	friction.222	friction.222	NOUN
cblr-1213	743	38	this	this	PRON
cblr-1213	743	39	is	be	AUX
cblr-1213	743	40	the	the	DET
cblr-1213	743	41	mutual	mutual	ADJ
cblr-1213	743	42	fund	fund	NOUN
cblr-1213	743	43	“	"	PUNCT
cblr-1213	743	44	wal	wal	PROPN
cblr-1213	743	45	-	-	PUNCT
cblr-1213	743	46	mart	mart	ADJ
cblr-1213	743	47	”	"	PUNCT
cblr-1213	743	48	advantage	advantage	NOUN
cblr-1213	743	49	where	where	SCONJ
cblr-1213	743	50	the	the	DET
cblr-1213	743	51	largest	large	ADJ
cblr-1213	743	52	provider	provider	NOUN
cblr-1213	743	53	garners	garner	VERB
cblr-1213	743	54	the	the	DET
cblr-1213	743	55	most	most	ADJ
cblr-1213	743	56	supply	supply	NOUN
cblr-1213	743	57	chain	chain	NOUN
cblr-1213	743	58	support	support	NOUN
cblr-1213	743	59	and	and	CCONJ
cblr-1213	743	60	priority	priority	NOUN
cblr-1213	743	61	,	,	PUNCT
cblr-1213	743	62	reinforcing	reinforce	VERB
cblr-1213	743	63	its	its	PRON
cblr-1213	743	64	superiority	superiority	NOUN
cblr-1213	743	65	over	over	ADP
cblr-1213	743	66	smaller	small	ADJ
cblr-1213	743	67	offerings	offering	NOUN
cblr-1213	743	68	.	.	PUNCT
cblr-1213	744	1	the	the	DET
cblr-1213	744	2	second	second	ADJ
cblr-1213	744	3	concern	concern	NOUN
cblr-1213	744	4	reflects	reflect	VERB
cblr-1213	744	5	a	a	DET
cblr-1213	744	6	practical	practical	ADJ
cblr-1213	744	7	reality	reality	NOUN
cblr-1213	744	8	that	that	SCONJ
cblr-1213	744	9	intermediaries	intermediary	NOUN
cblr-1213	744	10	may	may	AUX
cblr-1213	744	11	choose	choose	VERB
cblr-1213	744	12	to	to	PART
cblr-1213	744	13	protect	protect	VERB
cblr-1213	744	14	themselves	themselves	PRON
cblr-1213	744	15	from	from	ADP
cblr-1213	744	16	the	the	DET
cblr-1213	744	17	timing	timing	NOUN
cblr-1213	744	18	pressures	pressure	NOUN
cblr-1213	744	19	exacerbated	exacerbate	VERB
cblr-1213	744	20	by	by	ADP
cblr-1213	744	21	swing	swing	NOUN
cblr-1213	744	22	pricing	pricing	NOUN
cblr-1213	744	23	and	and	CCONJ
cblr-1213	744	24	exclude	exclude	VERB
cblr-1213	744	25	participating	participate	VERB
cblr-1213	744	26	funds	fund	NOUN
cblr-1213	744	27	from	from	ADP
cblr-1213	744	28	the	the	DET
cblr-1213	744	29	platform.223	platform.223	NOUN
cblr-1213	744	30	there	there	PRON
cblr-1213	744	31	are	be	VERB
cblr-1213	744	32	thousands	thousand	NOUN
cblr-1213	744	33	of	of	ADP
cblr-1213	744	34	mutual	mutual	ADJ
cblr-1213	744	35	funds	fund	NOUN
cblr-1213	744	36	,	,	PUNCT
cblr-1213	744	37	and	and	CCONJ
cblr-1213	744	38	the	the	DET
cblr-1213	744	39	idea	idea	NOUN
cblr-1213	744	40	is	be	AUX
cblr-1213	744	41	that	that	SCONJ
cblr-1213	744	42	if	if	SCONJ
cblr-1213	744	43	intermediaries	intermediary	NOUN
cblr-1213	744	44	find	find	VERB
cblr-1213	744	45	compliance	compliance	NOUN
cblr-1213	744	46	to	to	PART
cblr-1213	744	47	be	be	AUX
cblr-1213	744	48	a	a	DET
cblr-1213	744	49	hassle	hassle	NOUN
cblr-1213	744	50	,	,	PUNCT
cblr-1213	744	51	they	they	PRON
cblr-1213	744	52	will	will	AUX
cblr-1213	744	53	opt	opt	VERB
cblr-1213	744	54	for	for	ADP
cblr-1213	744	55	funds	fund	NOUN
cblr-1213	744	56	without	without	ADP
cblr-1213	744	57	swing	swing	NOUN
cblr-1213	744	58	pricing	pricing	NOUN
cblr-1213	744	59	.	.	PUNCT
cblr-1213	745	1	the	the	DET
cblr-1213	745	2	diversity	diversity	NOUN
cblr-1213	745	3	of	of	ADP
cblr-1213	745	4	the	the	DET
cblr-1213	745	5	mutual	mutual	ADJ
cblr-1213	745	6	fund	fund	NOUN
cblr-1213	745	7	industry	industry	NOUN
cblr-1213	745	8	—	—	PUNCT
cblr-1213	745	9	there	there	PRON
cblr-1213	745	10	were	be	VERB
cblr-1213	745	11	over	over	ADP
cblr-1213	745	12	9500	9500	NUM
cblr-1213	745	13	mutual	mutual	ADJ
cblr-1213	745	14	funds	fund	NOUN
cblr-1213	745	15	in	in	ADP
cblr-1213	745	16	the	the	DET
cblr-1213	745	17	united	united	PROPN
cblr-1213	745	18	states	states	PROPN
cblr-1213	745	19	in	in	ADP
cblr-1213	745	20	2016224	2016224	NUM
cblr-1213	745	21	—	—	PUNCT
cblr-1213	745	22	ensures	ensure	VERB
cblr-1213	745	23	that	that	SCONJ
cblr-1213	745	24	there	there	PRON
cblr-1213	745	25	will	will	AUX
cblr-1213	745	26	be	be	AUX
cblr-1213	745	27	early	early	ADJ
cblr-1213	745	28	adopters	adopter	NOUN
cblr-1213	745	29	in	in	ADP
cblr-1213	745	30	the	the	DET
cblr-1213	745	31	market	market	NOUN
cblr-1213	745	32	to	to	PART
cblr-1213	745	33	utilize	utilize	VERB
cblr-1213	745	34	221	221	NUM
cblr-1213	745	35	i	i	PROPN
cblr-1213	745	36	d.	d.	PROPN
cblr-1213	745	37	222	222	NUM
cblr-1213	746	1	i	i	PRON
cblr-1213	746	2	d.	d.	PROPN
cblr-1213	746	3	at	at	ADP
cblr-1213	746	4	82101–02	82101–02	NUM
cblr-1213	746	5	.	.	PUNCT
cblr-1213	747	1	see	see	AUX
cblr-1213	747	2	generally	generally	ADV
cblr-1213	747	3	inv	inv	VERB
cblr-1213	747	4	.	.	PUNCT
cblr-1213	747	5	co.	co.	PROPN
cblr-1213	747	6	inst	inst	PROPN
cblr-1213	747	7	.	.	PUNCT
cblr-1213	748	1	considerations	consideration	NOUN
cblr-1213	748	2	,	,	PUNCT
cblr-1213	748	3	supra	supra	PROPN
cblr-1213	748	4	note	note	NOUN
cblr-1213	748	5	194	194	NUM
cblr-1213	748	6	,	,	PUNCT
cblr-1213	748	7	at	at	ADP
cblr-1213	748	8	5–7	5–7	NUM
cblr-1213	748	9	.	.	NOUN
cblr-1213	748	10	223	223	NUM
cblr-1213	748	11	final	final	ADJ
cblr-1213	748	12	rules	rule	NOUN
cblr-1213	748	13	,	,	PUNCT
cblr-1213	748	14	supra	supra	PROPN
cblr-1213	748	15	note	note	NOUN
cblr-1213	748	16	4	4	NUM
cblr-1213	748	17	,	,	PUNCT
cblr-1213	748	18	at	at	ADP
cblr-1213	748	19	82101	82101	NUM
cblr-1213	748	20	(	(	PUNCT
cblr-1213	748	21	“	"	PUNCT
cblr-1213	748	22	in	in	ADP
cblr-1213	748	23	addition	addition	NOUN
cblr-1213	748	24	,	,	PUNCT
cblr-1213	748	25	funds	fund	NOUN
cblr-1213	748	26	also	also	ADV
cblr-1213	748	27	expressed	express	VERB
cblr-1213	748	28	concerns	concern	NOUN
cblr-1213	748	29	that	that	SCONJ
cblr-1213	748	30	intermediaries	intermediary	NOUN
cblr-1213	748	31	may	may	AUX
cblr-1213	748	32	choose	choose	VERB
cblr-1213	748	33	not	not	PART
cblr-1213	748	34	to	to	PART
cblr-1213	748	35	offer	offer	VERB
cblr-1213	748	36	funds	fund	NOUN
cblr-1213	748	37	that	that	PRON
cblr-1213	748	38	choose	choose	VERB
cblr-1213	748	39	to	to	PART
cblr-1213	748	40	implement	implement	VERB
cblr-1213	748	41	swing	swing	NOUN
cblr-1213	748	42	pricing	pricing	NOUN
cblr-1213	748	43	,	,	PUNCT
cblr-1213	748	44	due	due	ADP
cblr-1213	748	45	to	to	ADP
cblr-1213	748	46	the	the	DET
cblr-1213	748	47	increased	increase	VERB
cblr-1213	748	48	processing	processing	NOUN
cblr-1213	748	49	and	and	CCONJ
cblr-1213	748	50	technology	technology	NOUN
cblr-1213	748	51	burdens	burden	NOUN
cblr-1213	748	52	that	that	PRON
cblr-1213	748	53	swing	swing	NOUN
cblr-1213	748	54	pricing	pricing	NOUN
cblr-1213	748	55	would	would	AUX
cblr-1213	748	56	impose	impose	VERB
cblr-1213	748	57	on	on	ADP
cblr-1213	748	58	intermediaries	intermediary	NOUN
cblr-1213	748	59	,	,	PUNCT
cblr-1213	748	60	a	a	DET
cblr-1213	748	61	consideration	consideration	NOUN
cblr-1213	748	62	that	that	SCONJ
cblr-1213	748	63	funds	fund	NOUN
cblr-1213	748	64	will	will	AUX
cblr-1213	748	65	evaluate	evaluate	VERB
cblr-1213	748	66	as	as	SCONJ
cblr-1213	748	67	they	they	PRON
cblr-1213	748	68	determine	determine	VERB
cblr-1213	748	69	whether	whether	SCONJ
cblr-1213	748	70	to	to	PART
cblr-1213	748	71	adopt	adopt	VERB
cblr-1213	748	72	swing	swing	NOUN
cblr-1213	748	73	pricing	pricing	NOUN
cblr-1213	748	74	.	.	PUNCT
cblr-1213	748	75	”	"	PUNCT
cblr-1213	748	76	)	)	PUNCT
cblr-1213	748	77	.	.	PUNCT
cblr-1213	749	1	224	224	NUM
cblr-1213	749	2	number	number	NOUN
cblr-1213	749	3	of	of	ADP
cblr-1213	749	4	mutual	mutual	ADJ
cblr-1213	749	5	funds	fund	NOUN
cblr-1213	749	6	in	in	ADP
cblr-1213	749	7	the	the	DET
cblr-1213	749	8	united	united	PROPN
cblr-1213	749	9	states	states	PROPN
cblr-1213	749	10	from	from	ADP
cblr-1213	749	11	1997	1997	NUM
cblr-1213	749	12	to	to	ADP
cblr-1213	749	13	2016	2016	NUM
cblr-1213	749	14	,	,	PUNCT
cblr-1213	749	15	statista	statista	NOUN
cblr-1213	749	16	,	,	PUNCT
cblr-1213	749	17	https://www.statista.com/statistics/255590/number-of-mutualfund-companies-in-the-united-states/	https://www.statista.com/statistics/255590/number-of-mutualfund-companies-in-the-united-states/	PROPN
cblr-1213	750	1	[	[	X
cblr-1213	751	1	perma.cc/7ugg-aze4	perma.cc/7ugg-aze4	X
cblr-1213	751	2	]	]	PUNCT
cblr-1213	751	3	.	.	PUNCT
cblr-1213	752	1	see	see	VERB
cblr-1213	752	2	also	also	ADV
cblr-1213	752	3	distribution	distribution	NOUN
cblr-1213	752	4	of	of	ADP
cblr-1213	752	5	investment	investment	NOUN
cblr-1213	752	6	fund	fund	NOUN
cblr-1213	752	7	assets	asset	NOUN
cblr-1213	752	8	in	in	ADP
cblr-1213	752	9	the	the	DET
cblr-1213	752	10	united	united	PROPN
cblr-1213	752	11	states	states	PROPN
cblr-1213	752	12	in	in	ADP
cblr-1213	752	13	2016	2016	NUM
cblr-1213	752	14	,	,	PUNCT
cblr-1213	752	15	by	by	ADP
cblr-1213	752	16	type	type	NOUN
cblr-1213	752	17	,	,	PUNCT
cblr-1213	752	18	statista	statista	NOUN
cblr-1213	752	19	,	,	PUNCT
cblr-1213	752	20	https://www.statista.com/statistics/255606/asset-allocation-mutual-funds-usa/	https://www.statista.com/statistics/255606/asset-allocation-mutual-funds-usa/	NOUN
cblr-1213	752	21	)	)	PUNCT
cblr-1213	753	1	[	[	X
cblr-1213	753	2	perma.cc/2ker-eppm	perma.cc/2ker-eppm	X
cblr-1213	753	3	]	]	X
cblr-1213	753	4	(	(	PUNCT
cblr-1213	753	5	displaying	display	VERB
cblr-1213	753	6	that	that	PRON
cblr-1213	753	7	of	of	ADP
cblr-1213	753	8	these	these	DET
cblr-1213	753	9	funds	fund	NOUN
cblr-1213	753	10	,	,	PUNCT
cblr-1213	753	11	astucker_vandentoorn_final	astucker_vandentoorn_final	PROPN
cblr-1213	753	12	180	180	NUM
cblr-1213	753	13	columbia	columbia	PROPN
cblr-1213	753	14	business	business	NOUN
cblr-1213	753	15	law	law	PROPN
cblr-1213	753	16	review	review	NOUN
cblr-1213	753	17	[	[	X
cblr-1213	753	18	vol	vol	NOUN
cblr-1213	753	19	.	.	PUNCT
cblr-1213	753	20	2018	2018	NUM
cblr-1213	753	21	swing	swing	NOUN
cblr-1213	753	22	pricing	pricing	NOUN
cblr-1213	753	23	with	with	ADP
cblr-1213	753	24	distribution	distribution	NOUN
cblr-1213	753	25	models	model	NOUN
cblr-1213	753	26	and	and	CCONJ
cblr-1213	753	27	an	an	DET
cblr-1213	753	28	investor	investor	NOUN
cblr-1213	753	29	base	base	NOUN
cblr-1213	753	30	better	well	ADV
cblr-1213	753	31	able	able	ADJ
cblr-1213	753	32	to	to	PART
cblr-1213	753	33	accommodate	accommodate	VERB
cblr-1213	753	34	the	the	DET
cblr-1213	753	35	information	information	NOUN
cblr-1213	753	36	challenges	challenge	NOUN
cblr-1213	753	37	of	of	ADP
cblr-1213	753	38	swing	swing	NOUN
cblr-1213	753	39	pricing.225	pricing.225	NOUN
cblr-1213	753	40	these	these	DET
cblr-1213	753	41	early	early	ADJ
cblr-1213	753	42	adopters	adopter	NOUN
cblr-1213	753	43	,	,	PUNCT
cblr-1213	753	44	including	include	VERB
cblr-1213	753	45	larger	large	ADJ
cblr-1213	753	46	fund	fund	NOUN
cblr-1213	753	47	complexes	complex	NOUN
cblr-1213	753	48	,	,	PUNCT
cblr-1213	753	49	may	may	AUX
cblr-1213	753	50	drive	drive	VERB
cblr-1213	753	51	industry	industry	NOUN
cblr-1213	753	52	changes	change	NOUN
cblr-1213	753	53	through	through	ADP
cblr-1213	753	54	the	the	DET
cblr-1213	753	55	market	market	NOUN
cblr-1213	753	56	,	,	PUNCT
cblr-1213	753	57	rather	rather	ADV
cblr-1213	753	58	than	than	ADP
cblr-1213	753	59	through	through	ADP
cblr-1213	753	60	an	an	DET
cblr-1213	753	61	sec	sec	PROPN
cblr-1213	753	62	mandate	mandate	NOUN
cblr-1213	753	63	.	.	PUNCT
cblr-1213	754	1	additionally	additionally	ADV
cblr-1213	754	2	,	,	PUNCT
cblr-1213	754	3	the	the	DET
cblr-1213	754	4	extended	extended	ADJ
cblr-1213	754	5	implementation	implementation	NOUN
cblr-1213	754	6	time	time	NOUN
cblr-1213	754	7	for	for	ADP
cblr-1213	754	8	the	the	DET
cblr-1213	754	9	optional	optional	ADJ
cblr-1213	754	10	rules	rule	NOUN
cblr-1213	754	11	further	far	ADV
cblr-1213	754	12	allow	allow	VERB
cblr-1213	754	13	early	early	ADJ
cblr-1213	754	14	adopters	adopter	NOUN
cblr-1213	754	15	to	to	PART
cblr-1213	754	16	drive	drive	VERB
cblr-1213	754	17	market	market	NOUN
cblr-1213	754	18	changes	change	NOUN
cblr-1213	754	19	necessary	necessary	ADJ
cblr-1213	754	20	for	for	ADP
cblr-1213	754	21	broader	broad	ADJ
cblr-1213	754	22	participation.226	participation.226	PROPN
cblr-1213	754	23	d.	d.	PROPN
cblr-1213	754	24	a	a	DET
cblr-1213	754	25	possible	possible	ADJ
cblr-1213	754	26	path	path	NOUN
cblr-1213	754	27	forward	forward	ADV
cblr-1213	754	28	:	:	PUNCT
cblr-1213	754	29	block	block	NOUN
cblr-1213	754	30	chain	chain	NOUN
cblr-1213	754	31	technology	technology	NOUN
cblr-1213	754	32	blockchain227	blockchain227	PROPN
cblr-1213	754	33	is	be	AUX
cblr-1213	754	34	one	one	NUM
cblr-1213	754	35	implementation	implementation	NOUN
cblr-1213	754	36	strategy	strategy	NOUN
cblr-1213	754	37	for	for	ADP
cblr-1213	754	38	swing	swing	NOUN
cblr-1213	754	39	pricing	pricing	NOUN
cblr-1213	754	40	in	in	ADP
cblr-1213	754	41	the	the	DET
cblr-1213	754	42	u.s	u.s	PROPN
cblr-1213	754	43	.	.	PROPN
cblr-1213	754	44	mutual	mutual	ADJ
cblr-1213	754	45	fund	fund	NOUN
cblr-1213	754	46	industry	industry	NOUN
cblr-1213	754	47	.	.	PUNCT
cblr-1213	755	1	simply	simply	ADV
cblr-1213	755	2	described	describe	VERB
cblr-1213	755	3	,	,	PUNCT
cblr-1213	755	4	blockchain	blockchain	PROPN
cblr-1213	755	5	technology	technology	PROPN
cblr-1213	755	6	facilitates	facilitate	VERB
cblr-1213	755	7	a	a	DET
cblr-1213	755	8	large	large	ADJ
cblr-1213	755	9	,	,	PUNCT
cblr-1213	755	10	virtual	virtual	ADJ
cblr-1213	755	11	,	,	PUNCT
cblr-1213	755	12	secure	secure	ADJ
cblr-1213	755	13	,	,	PUNCT
cblr-1213	755	14	distributed	distribute	VERB
cblr-1213	755	15	,	,	PUNCT
cblr-1213	755	16	and	and	CCONJ
cblr-1213	755	17	nearly	nearly	ADV
cblr-1213	755	18	automatic	automatic	ADJ
cblr-1213	755	19	public	public	ADJ
cblr-1213	755	20	ledger.228	ledger.228	PROPN
cblr-1213	755	21	blockchain	blockchain	PROPN
cblr-1213	755	22	sets	set	NOUN
cblr-1213	755	23	were	be	AUX
cblr-1213	755	24	distributed	distribute	VERB
cblr-1213	755	25	roughly	roughly	ADV
cblr-1213	755	26	42	42	NUM
cblr-1213	755	27	%	%	NOUN
cblr-1213	755	28	in	in	ADP
cblr-1213	755	29	domestic	domestic	ADJ
cblr-1213	755	30	equity	equity	NOUN
cblr-1213	755	31	funds	fund	NOUN
cblr-1213	755	32	,	,	PUNCT
cblr-1213	755	33	14	14	NUM
cblr-1213	755	34	%	%	NOUN
cblr-1213	755	35	in	in	ADP
cblr-1213	755	36	international	international	ADJ
cblr-1213	755	37	equity	equity	NOUN
cblr-1213	755	38	funds	fund	NOUN
cblr-1213	755	39	,	,	PUNCT
cblr-1213	755	40	22	22	NUM
cblr-1213	755	41	%	%	NOUN
cblr-1213	755	42	in	in	ADP
cblr-1213	755	43	bond	bond	NOUN
cblr-1213	755	44	funds	fund	NOUN
cblr-1213	755	45	,	,	PUNCT
cblr-1213	755	46	14	14	NUM
cblr-1213	755	47	%	%	NOUN
cblr-1213	755	48	in	in	ADP
cblr-1213	755	49	money	money	NOUN
cblr-1213	755	50	market	market	NOUN
cblr-1213	755	51	funds	fund	NOUN
cblr-1213	755	52	,	,	PUNCT
cblr-1213	755	53	and	and	CCONJ
cblr-1213	755	54	8	8	NUM
cblr-1213	755	55	%	%	NOUN
cblr-1213	755	56	in	in	ADP
cblr-1213	755	57	hybrid	hybrid	ADJ
cblr-1213	755	58	funds	fund	NOUN
cblr-1213	755	59	like	like	ADP
cblr-1213	755	60	etfs	etfs	NOUN
cblr-1213	755	61	and	and	CCONJ
cblr-1213	755	62	alternative	alternative	ADJ
cblr-1213	755	63	funds	fund	NOUN
cblr-1213	755	64	)	)	PUNCT
cblr-1213	755	65	.	.	PUNCT
cblr-1213	756	1	225	225	NUM
cblr-1213	756	2	final	final	ADJ
cblr-1213	756	3	rules	rule	NOUN
cblr-1213	756	4	,	,	PUNCT
cblr-1213	756	5	supra	supra	PROPN
cblr-1213	756	6	note	note	NOUN
cblr-1213	756	7	4	4	NUM
cblr-1213	756	8	,	,	PUNCT
cblr-1213	756	9	at	at	ADP
cblr-1213	756	10	82101–02	82101–02	NOUN
cblr-1213	756	11	.	.	PUNCT
cblr-1213	757	1	the	the	DET
cblr-1213	757	2	sec	sec	PROPN
cblr-1213	757	3	also	also	ADV
cblr-1213	757	4	said	say	VERB
cblr-1213	757	5	it	it	PRON
cblr-1213	757	6	:	:	PUNCT
cblr-1213	758	1	[	[	X
cblr-1213	758	2	u]nderstand[s	u]nderstand[s	X
cblr-1213	758	3	]	]	X
cblr-1213	758	4	that	that	SCONJ
cblr-1213	758	5	certain	certain	ADJ
cblr-1213	758	6	funds	fund	NOUN
cblr-1213	758	7	with	with	ADP
cblr-1213	758	8	investors	investor	NOUN
cblr-1213	758	9	that	that	PRON
cblr-1213	758	10	primarily	primarily	ADV
cblr-1213	758	11	transact	transact	VERB
cblr-1213	758	12	directly	directly	ADV
cblr-1213	758	13	with	with	ADP
cblr-1213	758	14	the	the	DET
cblr-1213	758	15	fund	fund	NOUN
cblr-1213	758	16	’s	’s	PART
cblr-1213	758	17	principal	principal	ADJ
cblr-1213	758	18	underwriter	underwriter	NOUN
cblr-1213	758	19	or	or	CCONJ
cblr-1213	758	20	transfer	transfer	NOUN
cblr-1213	758	21	agent	agent	NOUN
cblr-1213	758	22	,	,	PUNCT
cblr-1213	758	23	or	or	CCONJ
cblr-1213	758	24	that	that	PRON
cblr-1213	758	25	are	be	AUX
cblr-1213	758	26	primarily	primarily	ADV
cblr-1213	758	27	distributed	distribute	VERB
cblr-1213	758	28	through	through	ADP
cblr-1213	758	29	affiliates	affiliate	NOUN
cblr-1213	758	30	or	or	CCONJ
cblr-1213	758	31	broker	broker	NOUN
cblr-1213	758	32	-	-	PUNCT
cblr-1213	758	33	dealers	dealer	NOUN
cblr-1213	758	34	(	(	PUNCT
cblr-1213	758	35	that	that	PRON
cblr-1213	758	36	could	could	AUX
cblr-1213	758	37	potentially	potentially	ADV
cblr-1213	758	38	provide	provide	VERB
cblr-1213	758	39	timely	timely	ADJ
cblr-1213	758	40	flow	flow	NOUN
cblr-1213	758	41	data	datum	NOUN
cblr-1213	758	42	)	)	PUNCT
cblr-1213	758	43	,	,	PUNCT
cblr-1213	758	44	and/or	and/or	CCONJ
cblr-1213	758	45	do	do	AUX
cblr-1213	758	46	not	not	PART
cblr-1213	758	47	have	have	VERB
cblr-1213	758	48	a	a	DET
cblr-1213	758	49	substantial	substantial	ADJ
cblr-1213	758	50	number	number	NOUN
cblr-1213	758	51	of	of	ADP
cblr-1213	758	52	investors	investor	NOUN
cblr-1213	758	53	transacting	transact	VERB
cblr-1213	758	54	in	in	ADP
cblr-1213	758	55	retirement	retirement	NOUN
cblr-1213	758	56	plans	plan	NOUN
cblr-1213	758	57	or	or	CCONJ
cblr-1213	758	58	insurance	insurance	NOUN
cblr-1213	758	59	products	product	NOUN
cblr-1213	758	60	could	could	AUX
cblr-1213	758	61	more	more	ADV
cblr-1213	758	62	easily	easily	ADV
cblr-1213	758	63	obtain	obtain	VERB
cblr-1213	758	64	sufficient	sufficient	ADJ
cblr-1213	758	65	net	net	ADJ
cblr-1213	758	66	flow	flow	NOUN
cblr-1213	758	67	information	information	NOUN
cblr-1213	758	68	.	.	PUNCT
cblr-1213	759	1	in	in	ADP
cblr-1213	759	2	addition	addition	NOUN
cblr-1213	759	3	,	,	PUNCT
cblr-1213	759	4	larger	large	ADJ
cblr-1213	759	5	fund	fund	NOUN
cblr-1213	759	6	complexes	complex	NOUN
cblr-1213	759	7	with	with	ADP
cblr-1213	759	8	the	the	DET
cblr-1213	759	9	ability	ability	NOUN
cblr-1213	759	10	to	to	PART
cblr-1213	759	11	more	more	ADV
cblr-1213	759	12	easily	easily	ADV
cblr-1213	759	13	get	get	VERB
cblr-1213	759	14	net	net	ADJ
cblr-1213	759	15	flow	flow	NOUN
cblr-1213	759	16	information	information	NOUN
cblr-1213	759	17	from	from	ADP
cblr-1213	759	18	their	their	PRON
cblr-1213	759	19	intermediaries	intermediary	NOUN
cblr-1213	759	20	,	,	PUNCT
cblr-1213	759	21	including	include	VERB
cblr-1213	759	22	those	those	PRON
cblr-1213	759	23	that	that	PRON
cblr-1213	759	24	have	have	AUX
cblr-1213	759	25	established	establish	VERB
cblr-1213	759	26	large	large	ADJ
cblr-1213	759	27	trade	trade	NOUN
cblr-1213	759	28	notification	notification	NOUN
cblr-1213	759	29	processes	process	NOUN
cblr-1213	759	30	,	,	PUNCT
cblr-1213	759	31	may	may	AUX
cblr-1213	759	32	have	have	VERB
cblr-1213	759	33	the	the	DET
cblr-1213	759	34	leverage	leverage	NOUN
cblr-1213	759	35	to	to	PART
cblr-1213	759	36	negotiate	negotiate	VERB
cblr-1213	759	37	operational	operational	ADJ
cblr-1213	759	38	solutions	solution	NOUN
cblr-1213	759	39	and	and	CCONJ
cblr-1213	759	40	the	the	DET
cblr-1213	759	41	resources	resource	NOUN
cblr-1213	759	42	to	to	PART
cblr-1213	759	43	implement	implement	VERB
cblr-1213	759	44	swing	swing	NOUN
cblr-1213	759	45	pricing	pricing	NOUN
cblr-1213	759	46	sooner	soon	ADV
cblr-1213	759	47	for	for	ADP
cblr-1213	759	48	certain	certain	ADJ
cblr-1213	759	49	funds	fund	NOUN
cblr-1213	759	50	,	,	PUNCT
cblr-1213	759	51	which	which	PRON
cblr-1213	759	52	may	may	AUX
cblr-1213	759	53	result	result	VERB
cblr-1213	759	54	in	in	ADP
cblr-1213	759	55	inefficient	inefficient	ADJ
cblr-1213	759	56	one	one	NUM
cblr-1213	759	57	-	-	PUNCT
cblr-1213	759	58	off	off	ADP
cblr-1213	759	59	solutions	solution	NOUN
cblr-1213	759	60	rather	rather	ADV
cblr-1213	759	61	than	than	ADP
cblr-1213	759	62	coordinated	coordinated	ADJ
cblr-1213	759	63	industry	industry	NOUN
cblr-1213	759	64	-	-	PUNCT
cblr-1213	759	65	wide	wide	ADJ
cblr-1213	759	66	operational	operational	ADJ
cblr-1213	759	67	solutions	solution	NOUN
cblr-1213	759	68	that	that	PRON
cblr-1213	759	69	may	may	AUX
cblr-1213	759	70	reduce	reduce	VERB
cblr-1213	759	71	costs	cost	NOUN
cblr-1213	759	72	for	for	ADP
cblr-1213	759	73	investors	investor	NOUN
cblr-1213	759	74	overall	overall	ADJ
cblr-1213	759	75	.	.	PUNCT
cblr-1213	760	1	i	i	PRON
cblr-1213	760	2	d.	d.	PROPN
cblr-1213	760	3	226	226	NUM
cblr-1213	760	4	see	see	VERB
cblr-1213	760	5	i	i	PRON
cblr-1213	760	6	d.	d.	PROPN
cblr-1213	760	7	at	at	ADP
cblr-1213	760	8	82101–03	82101–03	NUM
cblr-1213	760	9	.	.	PUNCT
cblr-1213	761	1	227	227	NUM
cblr-1213	761	2	see	see	VERB
cblr-1213	761	3	generally	generally	ADV
cblr-1213	761	4	shawn	shawn	PROPN
cblr-1213	761	5	s.	s.	PROPN
cblr-1213	761	6	amuial	amuial	PROPN
cblr-1213	761	7	et	et	PROPN
cblr-1213	761	8	al	al	PROPN
cblr-1213	761	9	.	.	PROPN
cblr-1213	761	10	,	,	PUNCT
cblr-1213	761	11	the	the	DET
cblr-1213	761	12	blockchain	blockchain	PROPN
cblr-1213	761	13	:	:	PUNCT
cblr-1213	761	14	a	a	DET
cblr-1213	761	15	guide	guide	NOUN
cblr-1213	761	16	for	for	ADP
cblr-1213	761	17	legal	legal	ADJ
cblr-1213	761	18	and	and	CCONJ
cblr-1213	761	19	business	business	NOUN
cblr-1213	761	20	professionals	professional	NOUN
cblr-1213	761	21	(	(	PUNCT
cblr-1213	761	22	2016	2016	NUM
cblr-1213	761	23	)	)	PUNCT
cblr-1213	761	24	.	.	PUNCT
cblr-1213	762	1	228	228	NUM
cblr-1213	762	2	see	see	VERB
cblr-1213	762	3	wulf	wulf	PROPN
cblr-1213	762	4	a.	a.	NOUN
cblr-1213	762	5	kaal	kaal	PROPN
cblr-1213	762	6	,	,	PUNCT
cblr-1213	762	7	blockchain	blockchain	PROPN
cblr-1213	762	8	innovation	innovation	NOUN
cblr-1213	762	9	for	for	ADP
cblr-1213	762	10	private	private	ADJ
cblr-1213	762	11	investment	investment	NOUN
cblr-1213	762	12	funds	fund	NOUN
cblr-1213	762	13	5–7	5–7	NUM
cblr-1213	762	14	(	(	PUNCT
cblr-1213	762	15	univ	univ	PROPN
cblr-1213	762	16	.	.	PROPN
cblr-1213	762	17	of	of	ADP
cblr-1213	762	18	st	st	PROPN
cblr-1213	762	19	.	.	PROPN
cblr-1213	762	20	thomas	thomas	PROPN
cblr-1213	762	21	,	,	PUNCT
cblr-1213	762	22	minn	minn	PROPN
cblr-1213	762	23	.	.	PUNCT
cblr-1213	763	1	legal	legal	ADJ
cblr-1213	763	2	studies	study	NOUN
cblr-1213	763	3	,	,	PUNCT
cblr-1213	763	4	research	research	NOUN
cblr-1213	763	5	paper	paper	NOUN
cblr-1213	763	6	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	763	7	no	no	NOUN
cblr-1213	763	8	.	.	PUNCT
cblr-1213	764	1	1:130	1:130	NUM
cblr-1213	764	2	]	]	X
cblr-1213	764	3	will	will	AUX
cblr-1213	764	4	swing	swing	VERB
cblr-1213	764	5	pricing	pricing	NOUN
cblr-1213	764	6	save	save	VERB
cblr-1213	764	7	sedentary	sedentary	ADJ
cblr-1213	764	8	shareholders	shareholder	NOUN
cblr-1213	764	9	?	?	PUNCT
cblr-1213	765	1	181	181	NUM
cblr-1213	765	2	can	can	AUX
cblr-1213	765	3	deliver	deliver	VERB
cblr-1213	765	4	both	both	PRON
cblr-1213	765	5	speed	speed	NOUN
cblr-1213	765	6	and	and	CCONJ
cblr-1213	765	7	accuracy	accuracy	NOUN
cblr-1213	765	8	.	.	PUNCT
cblr-1213	766	1	blockchain	blockchain	PROPN
cblr-1213	766	2	technology	technology	PROPN
cblr-1213	766	3	records	record	VERB
cblr-1213	766	4	peer	peer	NOUN
cblr-1213	766	5	-	-	PUNCT
cblr-1213	766	6	to	to	ADP
cblr-1213	766	7	-	-	PUNCT
cblr-1213	766	8	peer	peer	NOUN
cblr-1213	766	9	transactions	transaction	NOUN
cblr-1213	766	10	in	in	ADP
cblr-1213	766	11	real	real	ADJ
cblr-1213	766	12	time	time	NOUN
cblr-1213	766	13	reducing	reduce	VERB
cblr-1213	766	14	(	(	PUNCT
cblr-1213	766	15	if	if	SCONJ
cblr-1213	766	16	not	not	PART
cblr-1213	766	17	eliminating	eliminate	VERB
cblr-1213	766	18	)	)	PUNCT
cblr-1213	767	1	the	the	DET
cblr-1213	767	2	role	role	NOUN
cblr-1213	767	3	of	of	ADP
cblr-1213	767	4	intermediaries.229	intermediaries.229	PROPN
cblr-1213	767	5	it	it	PRON
cblr-1213	767	6	also	also	ADV
cblr-1213	767	7	reduces	reduce	VERB
cblr-1213	767	8	the	the	DET
cblr-1213	767	9	need	need	NOUN
cblr-1213	767	10	for	for	ADP
cblr-1213	767	11	operational	operational	ADJ
cblr-1213	767	12	intermediaries	intermediary	NOUN
cblr-1213	767	13	—	—	PUNCT
cblr-1213	767	14	a	a	DET
cblr-1213	767	15	significant	significant	ADJ
cblr-1213	767	16	obstacle	obstacle	NOUN
cblr-1213	767	17	to	to	PART
cblr-1213	767	18	swing	swing	VERB
cblr-1213	767	19	pricing	pricing	NOUN
cblr-1213	767	20	implementation	implementation	NOUN
cblr-1213	767	21	discussed	discuss	VERB
cblr-1213	767	22	above	above	ADP
cblr-1213	767	23	—	—	PUNCT
cblr-1213	767	24	and	and	CCONJ
cblr-1213	767	25	speeds	speed	VERB
cblr-1213	767	26	up	up	ADP
cblr-1213	767	27	fund	fund	NOUN
cblr-1213	767	28	flow	flow	NOUN
cblr-1213	767	29	information.230	information.230	VERB
cblr-1213	767	30	another	another	DET
cblr-1213	767	31	key	key	ADJ
cblr-1213	767	32	feature	feature	NOUN
cblr-1213	767	33	of	of	ADP
cblr-1213	767	34	blockchain	blockchain	PROPN
cblr-1213	767	35	technology	technology	PROPN
cblr-1213	767	36	is	be	AUX
cblr-1213	767	37	its	its	PRON
cblr-1213	767	38	immutability	immutability	NOUN
cblr-1213	767	39	;	;	PUNCT
cblr-1213	767	40	it	it	PRON
cblr-1213	767	41	is	be	AUX
cblr-1213	767	42	designed	design	VERB
cblr-1213	767	43	to	to	PART
cblr-1213	767	44	eliminate	eliminate	VERB
cblr-1213	767	45	fraudulent	fraudulent	ADJ
cblr-1213	767	46	transactions	transaction	NOUN
cblr-1213	767	47	through	through	ADP
cblr-1213	767	48	decentralization	decentralization	NOUN
cblr-1213	767	49	and	and	CCONJ
cblr-1213	767	50	verification.231	verification.231	VERB
cblr-1213	767	51	multiple	multiple	ADJ
cblr-1213	767	52	parties	party	NOUN
cblr-1213	767	53	can	can	AUX
cblr-1213	767	54	access	access	VERB
cblr-1213	767	55	and	and	CCONJ
cblr-1213	767	56	contribute	contribute	VERB
cblr-1213	767	57	to	to	ADP
cblr-1213	767	58	a	a	DET
cblr-1213	767	59	blockchain	blockchain	NOUN
cblr-1213	767	60	ledger	ledger	NOUN
cblr-1213	767	61	,	,	PUNCT
cblr-1213	767	62	and	and	CCONJ
cblr-1213	767	63	parties	party	NOUN
cblr-1213	767	64	must	must	AUX
cblr-1213	767	65	provide	provide	VERB
cblr-1213	767	66	digital	digital	ADJ
cblr-1213	767	67	signatures	signature	NOUN
cblr-1213	767	68	to	to	PART
cblr-1213	767	69	authenticate	authenticate	VERB
cblr-1213	767	70	their	their	PRON
cblr-1213	767	71	identity.232	identity.232	NOUN
cblr-1213	767	72	to	to	PART
cblr-1213	767	73	simply	simply	ADV
cblr-1213	767	74	illustrate	illustrate	VERB
cblr-1213	767	75	,	,	PUNCT
cblr-1213	767	76	each	each	DET
cblr-1213	767	77	transaction	transaction	NOUN
cblr-1213	767	78	creates	create	VERB
cblr-1213	767	79	a	a	DET
cblr-1213	767	80	new	new	ADJ
cblr-1213	767	81	block	block	NOUN
cblr-1213	767	82	in	in	ADP
cblr-1213	767	83	the	the	DET
cblr-1213	767	84	chain	chain	NOUN
cblr-1213	767	85	,	,	PUNCT
cblr-1213	767	86	and	and	CCONJ
cblr-1213	767	87	as	as	SCONJ
cblr-1213	767	88	transactions	transaction	NOUN
cblr-1213	767	89	continue	continue	VERB
cblr-1213	767	90	,	,	PUNCT
cblr-1213	767	91	the	the	DET
cblr-1213	767	92	chain	chain	NOUN
cblr-1213	767	93	grows	grow	VERB
cblr-1213	767	94	from	from	ADP
cblr-1213	767	95	1	1	NUM
cblr-1213	767	96	to	to	ADP
cblr-1213	767	97	2	2	NUM
cblr-1213	767	98	,	,	PUNCT
cblr-1213	767	99	to	to	ADP
cblr-1213	767	100	5	5	NUM
cblr-1213	767	101	,	,	PUNCT
cblr-1213	767	102	to	to	ADP
cblr-1213	767	103	10	10	NUM
cblr-1213	767	104	,	,	PUNCT
cblr-1213	767	105	and	and	CCONJ
cblr-1213	767	106	so	so	ADV
cblr-1213	767	107	on	on	ADV
cblr-1213	767	108	.	.	PUNCT
cblr-1213	768	1	if	if	SCONJ
cblr-1213	768	2	multiple	multiple	ADJ
cblr-1213	768	3	parties	party	NOUN
cblr-1213	768	4	have	have	VERB
cblr-1213	768	5	access	access	NOUN
cblr-1213	768	6	to	to	ADP
cblr-1213	768	7	the	the	DET
cblr-1213	768	8	verified	verify	VERB
cblr-1213	768	9	chain	chain	NOUN
cblr-1213	768	10	,	,	PUNCT
cblr-1213	768	11	a	a	DET
cblr-1213	768	12	single	single	ADJ
cblr-1213	768	13	party	party	NOUN
cblr-1213	768	14	can	can	AUX
cblr-1213	768	15	not	not	PART
cblr-1213	768	16	alter	alter	VERB
cblr-1213	768	17	no.17	no.17	PROPN
cblr-1213	768	18	-	-	PUNCT
cblr-1213	768	19	21	21	NUM
cblr-1213	768	20	,	,	PUNCT
cblr-1213	768	21	2017	2017	NUM
cblr-1213	768	22	)	)	PUNCT
cblr-1213	768	23	,	,	PUNCT
cblr-1213	768	24	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=	NOUN
cblr-1213	768	25	2998033	2998033	NUM
cblr-1213	769	1	[	[	X
cblr-1213	769	2	perma.cc/442y-gfsj	perma.cc/442y-gfsj	X
cblr-1213	769	3	]	]	X
cblr-1213	769	4	(	(	PUNCT
cblr-1213	769	5	describing	describe	VERB
cblr-1213	769	6	key	key	ADJ
cblr-1213	769	7	attributes	attribute	NOUN
cblr-1213	769	8	of	of	ADP
cblr-1213	769	9	blockchain	blockchain	PROPN
cblr-1213	769	10	technology	technology	PROPN
cblr-1213	769	11	)	)	PUNCT
cblr-1213	769	12	.	.	PUNCT
cblr-1213	770	1	229	229	NUM
cblr-1213	771	1	i	i	PRON
cblr-1213	771	2	d.	d.	PROPN
cblr-1213	771	3	at	at	ADP
cblr-1213	771	4	5	5	NUM
cblr-1213	771	5	.	.	SYM
cblr-1213	771	6	230	230	NUM
cblr-1213	771	7	see	see	VERB
cblr-1213	771	8	amuial	amuial	ADJ
cblr-1213	771	9	et	et	PROPN
cblr-1213	771	10	al	al	PROPN
cblr-1213	771	11	.	.	PROPN
cblr-1213	771	12	,	,	PUNCT
cblr-1213	771	13	supra	supra	PROPN
cblr-1213	771	14	note	note	NOUN
cblr-1213	771	15	227	227	NUM
cblr-1213	771	16	(	(	PUNCT
cblr-1213	771	17	arguing	argue	VERB
cblr-1213	771	18	that	that	SCONJ
cblr-1213	771	19	blockchain	blockchain	PROPN
cblr-1213	771	20	“	"	PUNCT
cblr-1213	771	21	incentivizes	incentivize	VERB
cblr-1213	771	22	direct	direct	ADJ
cblr-1213	771	23	peer	peer	NOUN
cblr-1213	771	24	-	-	PUNCT
cblr-1213	771	25	to	to	ADP
cblr-1213	771	26	-	-	PUNCT
cblr-1213	771	27	peer	peer	NOUN
cblr-1213	771	28	transactions	transaction	NOUN
cblr-1213	771	29	,	,	PUNCT
cblr-1213	771	30	including	include	VERB
cblr-1213	771	31	compensation	compensation	NOUN
cblr-1213	771	32	,	,	PUNCT
cblr-1213	771	33	between	between	ADP
cblr-1213	771	34	the	the	DET
cblr-1213	771	35	creator	creator	NOUN
cblr-1213	771	36	and	and	CCONJ
cblr-1213	771	37	consumer	consumer	NOUN
cblr-1213	771	38	,	,	PUNCT
cblr-1213	771	39	eliminating	eliminate	VERB
cblr-1213	771	40	the	the	DET
cblr-1213	771	41	need	need	NOUN
cblr-1213	771	42	for	for	ADP
cblr-1213	771	43	intermediation	intermediation	NOUN
cblr-1213	771	44	.	.	PUNCT
cblr-1213	772	1	intermediaries	intermediary	NOUN
cblr-1213	772	2	.	.	PUNCT
cblr-1213	772	3	.	.	PUNCT
cblr-1213	773	1	.	.	PUNCT
cblr-1213	774	1	are	be	AUX
cblr-1213	774	2	replaced	replace	VERB
cblr-1213	774	3	by	by	ADP
cblr-1213	774	4	code	code	NOUN
cblr-1213	774	5	,	,	PUNCT
cblr-1213	774	6	connectivity	connectivity	NOUN
cblr-1213	774	7	,	,	PUNCT
cblr-1213	774	8	crowd	crowd	NOUN
cblr-1213	774	9	,	,	PUNCT
cblr-1213	774	10	and	and	CCONJ
cblr-1213	774	11	collaboration	collaboration	NOUN
cblr-1213	774	12	.	.	PUNCT
cblr-1213	775	1	blockchain	blockchain	PROPN
cblr-1213	775	2	.	.	PUNCT
cblr-1213	775	3	.	.	PUNCT
cblr-1213	776	1	.	.	PUNCT
cblr-1213	776	2	creates	create	VERB
cblr-1213	776	3	a	a	DET
cblr-1213	776	4	platform	platform	NOUN
cblr-1213	776	5	for	for	ADP
cblr-1213	776	6	trust	trust	NOUN
cblr-1213	776	7	through	through	ADP
cblr-1213	776	8	truth	truth	NOUN
cblr-1213	776	9	and	and	CCONJ
cblr-1213	776	10	transparency	transparency	NOUN
cblr-1213	776	11	for	for	ADP
cblr-1213	776	12	parties	party	NOUN
cblr-1213	776	13	through	through	ADP
cblr-1213	776	14	its	its	PRON
cblr-1213	776	15	immutability	immutability	NOUN
cblr-1213	776	16	and	and	CCONJ
cblr-1213	776	17	use	use	NOUN
cblr-1213	776	18	of	of	ADP
cblr-1213	776	19	cryptography	cryptography	NOUN
cblr-1213	776	20	.	.	PUNCT
cblr-1213	776	21	”	"	PUNCT
cblr-1213	776	22	)	)	PUNCT
cblr-1213	776	23	.	.	PUNCT
cblr-1213	777	1	see	see	VERB
cblr-1213	777	2	also	also	ADV
cblr-1213	777	3	kaal	kaal	NOUN
cblr-1213	777	4	,	,	PUNCT
cblr-1213	777	5	supra	supra	PROPN
cblr-1213	777	6	note	note	PROPN
cblr-1213	777	7	228	228	NUM
cblr-1213	777	8	,	,	PUNCT
cblr-1213	777	9	at	at	ADP
cblr-1213	777	10	5	5	NUM
cblr-1213	777	11	(	(	PUNCT
cblr-1213	777	12	stating	state	VERB
cblr-1213	777	13	that	that	SCONJ
cblr-1213	777	14	transaction	transaction	NOUN
cblr-1213	777	15	costs	cost	NOUN
cblr-1213	777	16	will	will	AUX
cblr-1213	777	17	be	be	AUX
cblr-1213	777	18	reduced	reduce	VERB
cblr-1213	777	19	by	by	ADP
cblr-1213	777	20	the	the	DET
cblr-1213	777	21	elimination	elimination	NOUN
cblr-1213	777	22	of	of	ADP
cblr-1213	777	23	intermediaries	intermediary	NOUN
cblr-1213	777	24	)	)	PUNCT
cblr-1213	777	25	.	.	PUNCT
cblr-1213	778	1	231	231	NUM
cblr-1213	778	2	rik	rik	PROPN
cblr-1213	778	3	kirkland	kirkland	PROPN
cblr-1213	778	4	,	,	PUNCT
cblr-1213	778	5	how	how	SCONJ
cblr-1213	778	6	blockchains	blockchain	NOUN
cblr-1213	778	7	could	could	AUX
cblr-1213	778	8	change	change	VERB
cblr-1213	778	9	the	the	DET
cblr-1213	778	10	world	world	NOUN
cblr-1213	778	11	:	:	PUNCT
cblr-1213	778	12	interview	interview	NOUN
cblr-1213	778	13	with	with	ADP
cblr-1213	778	14	don	don	PROPN
cblr-1213	778	15	tapscott	tapscott	PROPN
cblr-1213	778	16	,	,	PUNCT
cblr-1213	778	17	mckinsey	mckinsey	PROPN
cblr-1213	778	18	&	&	CCONJ
cblr-1213	778	19	co.	co.	PROPN
cblr-1213	778	20	high	high	ADJ
cblr-1213	778	21	tech	tech	NOUN
cblr-1213	778	22	(	(	PUNCT
cblr-1213	778	23	may	may	PROPN
cblr-1213	778	24	2016	2016	NUM
cblr-1213	778	25	)	)	PUNCT
cblr-1213	778	26	,	,	PUNCT
cblr-1213	778	27	https://www.mckinsey.com/industries/high-tech/our-insights/how-blockchains-could-change-the-world	https://www.mckinsey.com/industries/high-tech/our-insights/how-blockchains-could-change-the-world	NOUN
cblr-1213	779	1	[	[	X
cblr-1213	779	2	perma.cc/533a-zm2b	perma.cc/533a-zm2b	NOUN
cblr-1213	779	3	]	]	PUNCT
cblr-1213	779	4	.	.	PUNCT
cblr-1213	780	1	232	232	NUM
cblr-1213	780	2	kaal	kaal	NOUN
cblr-1213	780	3	,	,	PUNCT
cblr-1213	780	4	supra	supra	PROPN
cblr-1213	780	5	note	note	PROPN
cblr-1213	780	6	228	228	NUM
cblr-1213	780	7	,	,	PUNCT
cblr-1213	780	8	at	at	ADP
cblr-1213	780	9	8	8	NUM
cblr-1213	780	10	(	(	PUNCT
cblr-1213	780	11	arguing	argue	VERB
cblr-1213	780	12	that	that	SCONJ
cblr-1213	780	13	cryptographic	cryptographic	ADJ
cblr-1213	780	14	technology	technology	NOUN
cblr-1213	780	15	enhances	enhance	VERB
cblr-1213	780	16	the	the	DET
cblr-1213	780	17	security	security	NOUN
cblr-1213	780	18	of	of	ADP
cblr-1213	780	19	the	the	DET
cblr-1213	780	20	blockchain	blockchain	NOUN
cblr-1213	780	21	by	by	ADP
cblr-1213	780	22	embedding	embed	VERB
cblr-1213	780	23	information	information	NOUN
cblr-1213	780	24	from	from	ADP
cblr-1213	780	25	all	all	DET
cblr-1213	780	26	prior	prior	ADJ
cblr-1213	780	27	transactions	transaction	NOUN
cblr-1213	780	28	through	through	ADP
cblr-1213	780	29	algorithm	algorithm	NOUN
cblr-1213	780	30	-	-	PUNCT
cblr-1213	780	31	generated	generate	VERB
cblr-1213	780	32	unique	unique	ADJ
cblr-1213	780	33	hash	hash	NOUN
cblr-1213	780	34	values	value	NOUN
cblr-1213	780	35	before	before	ADP
cblr-1213	780	36	adding	add	VERB
cblr-1213	780	37	the	the	DET
cblr-1213	780	38	next	next	ADJ
cblr-1213	780	39	transaction	transaction	NOUN
cblr-1213	780	40	,	,	PUNCT
cblr-1213	780	41	or	or	CCONJ
cblr-1213	780	42	block	block	NOUN
cblr-1213	780	43	.	.	PUNCT
cblr-1213	780	44	.	.	PUNCT
cblr-1213	780	45	.	.	PUNCT
cblr-1213	780	46	.	.	PUNCT
cblr-1213	780	47	)	)	PUNCT
cblr-1213	780	48	.	.	PUNCT
cblr-1213	781	1	see	see	VERB
cblr-1213	781	2	also	also	ADV
cblr-1213	781	3	i	i	PROPN
cblr-1213	781	4	d.	d.	PROPN
cblr-1213	781	5	at	at	ADP
cblr-1213	781	6	8	8	NUM
cblr-1213	781	7	.	.	PUNCT
cblr-1213	782	1	(	(	PUNCT
cblr-1213	782	2	“	"	PUNCT
cblr-1213	782	3	that	that	DET
cblr-1213	782	4	hash	hash	NOUN
cblr-1213	782	5	value	value	NOUN
cblr-1213	782	6	ensures	ensure	VERB
cblr-1213	782	7	the	the	DET
cblr-1213	782	8	authenticity	authenticity	NOUN
cblr-1213	782	9	of	of	ADP
cblr-1213	782	10	each	each	DET
cblr-1213	782	11	transaction	transaction	NOUN
cblr-1213	782	12	before	before	SCONJ
cblr-1213	782	13	it	it	PRON
cblr-1213	782	14	is	be	AUX
cblr-1213	782	15	added	add	VERB
cblr-1213	782	16	to	to	ADP
cblr-1213	782	17	the	the	DET
cblr-1213	782	18	block	block	NOUN
cblr-1213	782	19	.	.	PUNCT
cblr-1213	783	1	the	the	DET
cblr-1213	783	2	smallest	small	ADJ
cblr-1213	783	3	change	change	NOUN
cblr-1213	783	4	to	to	ADP
cblr-1213	783	5	the	the	DET
cblr-1213	783	6	blockchain	blockchain	NOUN
cblr-1213	783	7	,	,	PUNCT
cblr-1213	783	8	even	even	ADV
cblr-1213	783	9	a	a	DET
cblr-1213	783	10	single	single	ADJ
cblr-1213	783	11	digit	digit	NOUN
cblr-1213	783	12	/	/	SYM
cblr-1213	783	13	value	value	NOUN
cblr-1213	783	14	,	,	PUNCT
cblr-1213	783	15	results	result	NOUN
cblr-1213	783	16	in	in	ADP
cblr-1213	783	17	a	a	DET
cblr-1213	783	18	different	different	ADJ
cblr-1213	783	19	hash	hash	NOUN
cblr-1213	783	20	value	value	NOUN
cblr-1213	783	21	.	.	PUNCT
cblr-1213	784	1	a	a	DET
cblr-1213	784	2	different	different	ADJ
cblr-1213	784	3	hash	hash	NOUN
cblr-1213	784	4	value	value	NOUN
cblr-1213	784	5	makes	make	VERB
cblr-1213	784	6	any	any	DET
cblr-1213	784	7	form	form	NOUN
cblr-1213	784	8	of	of	ADP
cblr-1213	784	9	manipulation	manipulation	NOUN
cblr-1213	784	10	immediately	immediately	ADV
cblr-1213	784	11	detectable	detectable	ADJ
cblr-1213	784	12	.	.	PUNCT
cblr-1213	784	13	”	"	PUNCT
cblr-1213	784	14	)	)	PUNCT
cblr-1213	784	15	.	.	PUNCT
cblr-1213	785	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	785	2	182	182	NUM
cblr-1213	785	3	columbia	columbia	PROPN
cblr-1213	785	4	business	business	NOUN
cblr-1213	785	5	law	law	PROPN
cblr-1213	785	6	review	review	NOUN
cblr-1213	785	7	[	[	X
cblr-1213	785	8	vol	vol	NOUN
cblr-1213	785	9	.	.	NOUN
cblr-1213	785	10	2018	2018	NUM
cblr-1213	785	11	the	the	DET
cblr-1213	785	12	established	establish	VERB
cblr-1213	785	13	chain	chain	NOUN
cblr-1213	785	14	across	across	ADP
cblr-1213	785	15	all	all	PRON
cblr-1213	785	16	of	of	ADP
cblr-1213	785	17	the	the	DET
cblr-1213	785	18	copies	copy	NOUN
cblr-1213	785	19	,	,	PUNCT
cblr-1213	785	20	making	make	VERB
cblr-1213	785	21	it	it	PRON
cblr-1213	785	22	“	"	PUNCT
cblr-1213	785	23	practically	practically	ADV
cblr-1213	785	24	impossible	impossible	ADJ
cblr-1213	785	25	to	to	PART
cblr-1213	785	26	reverse	reverse	VERB
cblr-1213	785	27	,	,	PUNCT
cblr-1213	785	28	alter	alter	VERB
cblr-1213	785	29	,	,	PUNCT
cblr-1213	785	30	or	or	CCONJ
cblr-1213	785	31	erase	erase	VERB
cblr-1213	785	32	information	information	NOUN
cblr-1213	785	33	in	in	ADP
cblr-1213	785	34	the	the	DET
cblr-1213	785	35	blockchain	blockchain	PROPN
cblr-1213	785	36	.	.	PUNCT
cblr-1213	786	1	”233	”233	PROPN
cblr-1213	786	2	leveraging	leverage	VERB
cblr-1213	786	3	blockchain	blockchain	PROPN
cblr-1213	786	4	technologies	technology	NOUN
cblr-1213	786	5	in	in	ADP
cblr-1213	786	6	mutual	mutual	ADJ
cblr-1213	786	7	fund	fund	NOUN
cblr-1213	786	8	transactions	transaction	NOUN
cblr-1213	786	9	would	would	AUX
cblr-1213	786	10	facilitate	facilitate	VERB
cblr-1213	786	11	a	a	DET
cblr-1213	786	12	fund	fund	NOUN
cblr-1213	786	13	closing	close	VERB
cblr-1213	786	14	its	its	PRON
cblr-1213	786	15	fund	fund	NOUN
cblr-1213	786	16	flow	flow	NOUN
cblr-1213	786	17	by	by	ADP
cblr-1213	786	18	the	the	DET
cblr-1213	786	19	current	current	ADJ
cblr-1213	786	20	4:00	4:00	NUM
cblr-1213	786	21	pm	pm	NOUN
cblr-1213	786	22	deadline	deadline	NOUN
cblr-1213	786	23	with	with	ADP
cblr-1213	786	24	a	a	DET
cblr-1213	786	25	verified	verify	VERB
cblr-1213	786	26	and	and	CCONJ
cblr-1213	786	27	secure	secure	ADJ
cblr-1213	786	28	ledger	ledger	NOUN
cblr-1213	786	29	in	in	ADP
cblr-1213	786	30	place.234	place.234	PROPN
cblr-1213	786	31	a	a	DET
cblr-1213	786	32	fund	fund	NOUN
cblr-1213	786	33	could	could	AUX
cblr-1213	786	34	reliably	reliably	ADV
cblr-1213	786	35	calculate	calculate	VERB
cblr-1213	786	36	its	its	PRON
cblr-1213	786	37	nav	nav	NOUN
cblr-1213	786	38	by	by	ADP
cblr-1213	786	39	6:00	6:00	NUM
cblr-1213	786	40	pm	pm	NOUN
cblr-1213	786	41	est	est	X
cblr-1213	786	42	,	,	PUNCT
cblr-1213	786	43	with	with	ADP
cblr-1213	786	44	swing	swing	NOUN
cblr-1213	786	45	adjustments	adjustment	NOUN
cblr-1213	786	46	,	,	PUNCT
cblr-1213	786	47	if	if	SCONJ
cblr-1213	786	48	needed	need	VERB
cblr-1213	786	49	.	.	PUNCT
cblr-1213	787	1	this	this	DET
cblr-1213	787	2	breakthrough	breakthrough	NOUN
cblr-1213	787	3	technology	technology	NOUN
cblr-1213	787	4	seems	seem	VERB
cblr-1213	787	5	particularly	particularly	ADV
cblr-1213	787	6	hopeful	hopeful	ADJ
cblr-1213	787	7	for	for	ADP
cblr-1213	787	8	an	an	DET
cblr-1213	787	9	industry	industry	NOUN
cblr-1213	787	10	that	that	PRON
cblr-1213	787	11	still	still	ADV
cblr-1213	787	12	relies	rely	VERB
cblr-1213	787	13	on	on	ADP
cblr-1213	787	14	paper	paper	NOUN
cblr-1213	787	15	and	and	CCONJ
cblr-1213	787	16	faxed	fax	VERB
cblr-1213	787	17	orders	order	NOUN
cblr-1213	787	18	to	to	ADP
cblr-1213	787	19	some	some	PRON
cblr-1213	787	20	extent.235	extent.235	ADP
cblr-1213	787	21	the	the	DET
cblr-1213	787	22	current	current	ADJ
cblr-1213	787	23	process	process	NOUN
cblr-1213	787	24	of	of	ADP
cblr-1213	787	25	transaction	transaction	NOUN
cblr-1213	787	26	settlement	settlement	NOUN
cblr-1213	787	27	can	can	AUX
cblr-1213	787	28	take	take	VERB
cblr-1213	787	29	as	as	ADV
cblr-1213	787	30	long	long	ADV
cblr-1213	787	31	as	as	ADP
cblr-1213	787	32	a	a	DET
cblr-1213	787	33	week	week	NOUN
cblr-1213	787	34	because	because	SCONJ
cblr-1213	787	35	intermediaries	intermediary	NOUN
cblr-1213	787	36	guarantee	guarantee	VERB
cblr-1213	787	37	assets	asset	NOUN
cblr-1213	787	38	and	and	CCONJ
cblr-1213	787	39	institutional	institutional	ADJ
cblr-1213	787	40	pass	pass	NOUN
cblr-1213	787	41	records	record	NOUN
cblr-1213	787	42	,	,	PUNCT
cblr-1213	787	43	and	and	CCONJ
cblr-1213	787	44	individually	individually	ADV
cblr-1213	787	45	verify	verify	VERB
cblr-1213	787	46	them.236	them.236	PROPN
cblr-1213	787	47	blockchain	blockchain	PROPN
cblr-1213	787	48	promises	promise	VERB
cblr-1213	787	49	settlement	settlement	NOUN
cblr-1213	787	50	of	of	ADP
cblr-1213	787	51	transactions	transaction	NOUN
cblr-1213	787	52	“	"	PUNCT
cblr-1213	787	53	within	within	ADP
cblr-1213	787	54	seconds	second	NOUN
cblr-1213	787	55	,	,	PUNCT
cblr-1213	787	56	securely	securely	ADV
cblr-1213	787	57	and	and	CCONJ
cblr-1213	787	58	verifiably	verifiably	ADV
cblr-1213	787	59	.	.	PUNCT
cblr-1213	787	60	”237	”237	PUNCT
cblr-1213	788	1	the	the	DET
cblr-1213	788	2	capital	capital	NOUN
cblr-1213	788	3	markets	market	NOUN
cblr-1213	788	4	and	and	CCONJ
cblr-1213	788	5	investment	investment	NOUN
cblr-1213	788	6	management	management	NOUN
cblr-1213	788	7	industries	industry	NOUN
cblr-1213	788	8	are	be	AUX
cblr-1213	788	9	currently	currently	ADV
cblr-1213	788	10	working	work	VERB
cblr-1213	788	11	on	on	ADP
cblr-1213	788	12	advancements	advancement	NOUN
cblr-1213	788	13	in	in	ADP
cblr-1213	788	14	blockchain	blockchain	PROPN
cblr-1213	788	15	,	,	PUNCT
cblr-1213	788	16	with	with	ADP
cblr-1213	788	17	the	the	DET
cblr-1213	788	18	hope	hope	NOUN
cblr-1213	788	19	that	that	SCONJ
cblr-1213	788	20	future	future	ADJ
cblr-1213	788	21	fund	fund	NOUN
cblr-1213	788	22	distribution	distribution	NOUN
cblr-1213	788	23	can	can	AUX
cblr-1213	788	24	be	be	AUX
cblr-1213	788	25	made	make	VERB
cblr-1213	788	26	automatic	automatic	ADJ
cblr-1213	788	27	and	and	CCONJ
cblr-1213	788	28	instantaneous	instantaneous	ADJ
cblr-1213	788	29	.	.	PROPN
cblr-1213	788	30	nasdaq	nasdaq	PROPN
cblr-1213	788	31	inc	inc	PROPN
cblr-1213	788	32	.	.	PROPN
cblr-1213	788	33	,	,	PUNCT
cblr-1213	788	34	for	for	ADP
cblr-1213	788	35	example	example	NOUN
cblr-1213	788	36	,	,	PUNCT
cblr-1213	788	37	is	be	AUX
cblr-1213	788	38	collaborating	collaborate	VERB
cblr-1213	788	39	with	with	ADP
cblr-1213	788	40	nordic	nordic	ADJ
cblr-1213	788	41	financial	financial	ADJ
cblr-1213	788	42	services	service	NOUN
cblr-1213	788	43	group	group	NOUN
cblr-1213	788	44	seb	seb	NOUN
cblr-1213	788	45	to	to	PART
cblr-1213	788	46	test	test	VERB
cblr-1213	788	47	a	a	DET
cblr-1213	788	48	small	small	ADJ
cblr-1213	788	49	-	-	PUNCT
cblr-1213	788	50	scale	scale	NOUN
cblr-1213	788	51	mutual	mutual	ADJ
cblr-1213	788	52	fund	fund	NOUN
cblr-1213	788	53	trading	trading	NOUN
cblr-1213	788	54	platform	platform	NOUN
cblr-1213	788	55	based	base	VERB
cblr-1213	788	56	on	on	ADP
cblr-1213	788	57	blockchain	blockchain	PROPN
cblr-1213	788	58	technology.238	technology.238	PROPN
cblr-1213	788	59	calastone	calastone	PROPN
cblr-1213	788	60	,	,	PUNCT
cblr-1213	788	61	a	a	DET
cblr-1213	788	62	technology	technology	NOUN
cblr-1213	788	63	company	company	NOUN
cblr-1213	788	64	,	,	PUNCT
cblr-1213	788	65	said	say	VERB
cblr-1213	788	66	in	in	ADP
cblr-1213	788	67	june	june	PROPN
cblr-1213	788	68	2017	2017	NUM
cblr-1213	788	69	that	that	PRON
cblr-1213	788	70	it	it	PRON
cblr-1213	788	71	had	have	AUX
cblr-1213	788	72	successfully	successfully	ADV
cblr-1213	788	73	transacted	transact	VERB
cblr-1213	788	74	mutual	mutual	ADJ
cblr-1213	788	75	fund	fund	NOUN
cblr-1213	788	76	trades	trade	NOUN
cblr-1213	788	77	in	in	ADP
cblr-1213	788	78	a	a	DET
cblr-1213	788	79	test	test	NOUN
cblr-1213	788	80	environment	environment	NOUN
cblr-1213	788	81	and	and	CCONJ
cblr-1213	788	82	believes	believe	VERB
cblr-1213	788	83	that	that	SCONJ
cblr-1213	788	84	blockchain	blockchain	PROPN
cblr-1213	788	85	could	could	AUX
cblr-1213	788	86	rev	rev	VERB
cblr-1213	788	87	233	233	NUM
cblr-1213	788	88	i	i	PRON
cblr-1213	788	89	d.	d.	NOUN
cblr-1213	788	90	at	at	ADP
cblr-1213	788	91	7	7	NUM
cblr-1213	788	92	.	.	NOUN
cblr-1213	788	93	234	234	NUM
cblr-1213	788	94	see	see	NOUN
cblr-1213	788	95	e.g.	e.g.	ADV
cblr-1213	788	96	,	,	PUNCT
cblr-1213	788	97	marco	marco	PROPN
cblr-1213	788	98	iansiti	iansiti	PROPN
cblr-1213	788	99	&	&	CCONJ
cblr-1213	788	100	karim	karim	PROPN
cblr-1213	788	101	r.	r.	PROPN
cblr-1213	788	102	lakhani	lakhani	PROPN
cblr-1213	788	103	,	,	PUNCT
cblr-1213	788	104	the	the	DET
cblr-1213	788	105	truth	truth	NOUN
cblr-1213	788	106	about	about	ADP
cblr-1213	788	107	blockchain	blockchain	PROPN
cblr-1213	788	108	,	,	PUNCT
cblr-1213	788	109	harv	harv	PROPN
cblr-1213	788	110	.	.	PUNCT
cblr-1213	789	1	bus	bus	NOUN
cblr-1213	789	2	.	.	PUNCT
cblr-1213	790	1	rev	rev	PROPN
cblr-1213	790	2	.	.	PROPN
cblr-1213	790	3	,	,	PUNCT
cblr-1213	790	4	jan.–feb	jan.–feb	PROPN
cblr-1213	790	5	.	.	PROPN
cblr-1213	790	6	2017	2017	NUM
cblr-1213	790	7	,	,	PUNCT
cblr-1213	790	8	at	at	ADP
cblr-1213	790	9	118	118	NUM
cblr-1213	790	10	,	,	PUNCT
cblr-1213	790	11	https://hbr.org/2017/01/thetruth-about-blockchain	https://hbr.org/2017/01/thetruth-about-blockchain	VERB
cblr-1213	790	12	[	[	X
cblr-1213	790	13	perma.cc/v8ea-u4sg	perma.cc/v8ea-u4sg	NOUN
cblr-1213	790	14	]	]	PUNCT
cblr-1213	790	15	.	.	PUNCT
cblr-1213	791	1	235	235	NUM
cblr-1213	791	2	attracta	attracta	PROPN
cblr-1213	791	3	mooney	mooney	PROPN
cblr-1213	791	4	,	,	PUNCT
cblr-1213	791	5	blockchain	blockchain	PROPN
cblr-1213	791	6	successfully	successfully	ADV
cblr-1213	791	7	tested	test	VERB
cblr-1213	791	8	in	in	ADP
cblr-1213	791	9	sale	sale	NOUN
cblr-1213	791	10	of	of	ADP
cblr-1213	791	11	mutual	mutual	ADJ
cblr-1213	791	12	funds	fund	NOUN
cblr-1213	791	13	,	,	PUNCT
cblr-1213	791	14	fin	fin	NOUN
cblr-1213	791	15	.	.	PUNCT
cblr-1213	792	1	times	times	PROPN
cblr-1213	792	2	(	(	PUNCT
cblr-1213	792	3	june	june	PROPN
cblr-1213	792	4	11	11	NUM
cblr-1213	792	5	,	,	PUNCT
cblr-1213	792	6	2017	2017	NUM
cblr-1213	792	7	)	)	PUNCT
cblr-1213	792	8	,	,	PUNCT
cblr-1213	792	9	https://www.ft.com/content/5927fa2c4c73-11e7-919a-1e14ce4af89b	https://www.ft.com/content/5927fa2c4c73-11e7-919a-1e14ce4af89b	NOUN
cblr-1213	792	10	.	.	NOUN
cblr-1213	792	11	236	236	NUM
cblr-1213	792	12	iansiti	iansiti	NOUN
cblr-1213	792	13	&	&	CCONJ
cblr-1213	792	14	lakhani	lakhani	PROPN
cblr-1213	792	15	,	,	PUNCT
cblr-1213	792	16	supra	supra	PROPN
cblr-1213	792	17	note	note	NOUN
cblr-1213	792	18	234	234	NUM
cblr-1213	792	19	,	,	PUNCT
cblr-1213	792	20	at	at	ADP
cblr-1213	792	21	6	6	NUM
cblr-1213	792	22	.	.	NOUN
cblr-1213	792	23	237	237	NUM
cblr-1213	793	1	i	i	PRON
cblr-1213	793	2	d.	d.	PROPN
cblr-1213	793	3	238	238	NUM
cblr-1213	793	4	anna	anna	NOUN
cblr-1213	793	5	irrera	irrera	PROPN
cblr-1213	793	6	,	,	PUNCT
cblr-1213	793	7	nasdaq	nasdaq	PROPN
cblr-1213	793	8	,	,	PUNCT
cblr-1213	793	9	seb	seb	VERB
cblr-1213	793	10	to	to	ADP
cblr-1213	793	11	test	test	NOUN
cblr-1213	793	12	blockchain	blockchain	NOUN
cblr-1213	793	13	for	for	ADP
cblr-1213	793	14	mutual	mutual	ADJ
cblr-1213	793	15	funds	fund	NOUN
cblr-1213	793	16	,	,	PUNCT
cblr-1213	793	17	reuters	reuters	PROPN
cblr-1213	793	18	(	(	PUNCT
cblr-1213	793	19	sept	sept	PROPN
cblr-1213	793	20	.	.	PROPN
cblr-1213	793	21	27	27	NUM
cblr-1213	793	22	,	,	PUNCT
cblr-1213	793	23	2017	2017	NUM
cblr-1213	793	24	)	)	PUNCT
cblr-1213	793	25	,	,	PUNCT
cblr-1213	793	26	https://www.reuters.com/article/us-nasdaq-blockchain/nasdaq-seb-to-test-blockchain-for-mutual-funds-iduskcn1c20lq	https://www.reuters.com/article/us-nasdaq-blockchain/nasdaq-seb-to-test-blockchain-for-mutual-funds-iduskcn1c20lq	PROPN
cblr-1213	794	1	[	[	X
cblr-1213	794	2	perma.cc/4uuv-q3ey	perma.cc/4uuv-q3ey	X
cblr-1213	794	3	]	]	X
cblr-1213	794	4	.	.	PUNCT
cblr-1213	795	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	796	1	no	no	INTJ
cblr-1213	796	2	.	.	PUNCT
cblr-1213	797	1	1:130	1:130	NUM
cblr-1213	797	2	]	]	X
cblr-1213	797	3	will	will	AUX
cblr-1213	797	4	swing	swing	VERB
cblr-1213	797	5	pricing	pricing	NOUN
cblr-1213	797	6	save	save	VERB
cblr-1213	797	7	sedentary	sedentary	ADJ
cblr-1213	797	8	shareholders	shareholder	NOUN
cblr-1213	797	9	?	?	PUNCT
cblr-1213	798	1	183	183	NUM
cblr-1213	798	2	olutionize	olutionize	VERB
cblr-1213	798	3	the	the	DET
cblr-1213	798	4	mutual	mutual	ADJ
cblr-1213	798	5	fund	fund	NOUN
cblr-1213	798	6	industry	industry	NOUN
cblr-1213	798	7	with	with	ADP
cblr-1213	798	8	significant	significant	ADJ
cblr-1213	798	9	efficiencies.239	efficiencies.239	NOUN
cblr-1213	798	10	additionally	additionally	ADV
cblr-1213	798	11	,	,	PUNCT
cblr-1213	798	12	on	on	ADP
cblr-1213	798	13	august	august	PROPN
cblr-1213	798	14	1	1	NUM
cblr-1213	798	15	,	,	PUNCT
cblr-1213	798	16	2017	2017	NUM
cblr-1213	798	17	,	,	PUNCT
cblr-1213	798	18	new	new	PROPN
cblr-1213	798	19	delaware	delaware	PROPN
cblr-1213	798	20	legislation	legislation	PROPN
cblr-1213	798	21	authorized	authorize	VERB
cblr-1213	798	22	delaware	delaware	PROPN
cblr-1213	798	23	corporations	corporation	NOUN
cblr-1213	798	24	—	—	PUNCT
cblr-1213	798	25	a	a	DET
cblr-1213	798	26	jurisdictional	jurisdictional	ADJ
cblr-1213	798	27	home	home	NOUN
cblr-1213	798	28	of	of	ADP
cblr-1213	798	29	a	a	DET
cblr-1213	798	30	majority	majority	NOUN
cblr-1213	798	31	of	of	ADP
cblr-1213	798	32	fortune	fortune	NOUN
cblr-1213	798	33	500	500	NUM
cblr-1213	798	34	companies	company	NOUN
cblr-1213	798	35	—	—	PUNCT
cblr-1213	798	36	to	to	PART
cblr-1213	798	37	use	use	VERB
cblr-1213	798	38	blockchain	blockchain	PROPN
cblr-1213	798	39	technology	technology	NOUN
cblr-1213	798	40	for	for	ADP
cblr-1213	798	41	stock	stock	NOUN
cblr-1213	798	42	ledgers	ledger	NOUN
cblr-1213	798	43	and	and	CCONJ
cblr-1213	798	44	other	other	ADJ
cblr-1213	798	45	corporate	corporate	ADJ
cblr-1213	798	46	records.240	records.240	NOUN
cblr-1213	798	47	early	early	ADJ
cblr-1213	798	48	adopters	adopter	NOUN
cblr-1213	798	49	of	of	ADP
cblr-1213	798	50	blockchain	blockchain	PROPN
cblr-1213	798	51	-	-	PUNCT
cblr-1213	798	52	based	base	VERB
cblr-1213	798	53	stock	stock	NOUN
cblr-1213	798	54	ledgers	ledger	NOUN
cblr-1213	798	55	and	and	CCONJ
cblr-1213	798	56	records	record	NOUN
cblr-1213	798	57	include	include	VERB
cblr-1213	798	58	private	private	ADJ
cblr-1213	798	59	companies	company	NOUN
cblr-1213	798	60	in	in	ADP
cblr-1213	798	61	delaware,241	delaware,241	PROPN
cblr-1213	798	62	and	and	CCONJ
cblr-1213	798	63	a	a	DET
cblr-1213	798	64	broad	broad	ADJ
cblr-1213	798	65	range	range	NOUN
cblr-1213	798	66	of	of	ADP
cblr-1213	798	67	private	private	ADJ
cblr-1213	798	68	investment	investment	NOUN
cblr-1213	798	69	firms.242	firms.242	NOUN
cblr-1213	798	70	widespread	widespread	ADJ
cblr-1213	798	71	blockchain	blockchain	PROPN
cblr-1213	798	72	adoption	adoption	NOUN
cblr-1213	798	73	in	in	ADP
cblr-1213	798	74	issuing	issue	VERB
cblr-1213	798	75	companies	company	NOUN
cblr-1213	798	76	and	and	CCONJ
cblr-1213	798	77	funds	fund	NOUN
cblr-1213	798	78	is	be	AUX
cblr-1213	798	79	not	not	PART
cblr-1213	798	80	yet	yet	ADV
cblr-1213	798	81	realized	realize	VERB
cblr-1213	798	82	.	.	PUNCT
cblr-1213	799	1	adoption	adoption	NOUN
cblr-1213	799	2	obstacles	obstacle	NOUN
cblr-1213	799	3	include	include	VERB
cblr-1213	799	4	data	datum	NOUN
cblr-1213	799	5	privacy	privacy	NOUN
cblr-1213	799	6	for	for	ADP
cblr-1213	799	7	public	public	ADJ
cblr-1213	799	8	blockchains,243	blockchains,243	NOUN
cblr-1213	799	9	the	the	DET
cblr-1213	799	10	novelty	novelty	NOUN
cblr-1213	799	11	of	of	ADP
cblr-1213	799	12	the	the	DET
cblr-1213	799	13	field,244	field,244	PROPN
cblr-1213	799	14	resistance	resistance	NOUN
cblr-1213	799	15	due	due	ADP
cblr-1213	799	16	to	to	ADP
cblr-1213	799	17	pressure	pressure	NOUN
cblr-1213	799	18	on	on	ADP
cblr-1213	799	19	fee	fee	NOUN
cblr-1213	799	20	structure	structure	NOUN
cblr-1213	799	21	and	and	CCONJ
cblr-1213	799	22	the	the	DET
cblr-1213	799	23	elimination	elimination	NOUN
cblr-1213	799	24	of	of	ADP
cblr-1213	799	25	intermediary	intermediary	NOUN
cblr-1213	799	26	roles,245	roles,245	PROPN
cblr-1213	799	27	and	and	CCONJ
cblr-1213	799	28	untested	untested	ADJ
cblr-1213	799	29	regulatory	regulatory	ADJ
cblr-1213	799	30	compliance	compliance	NOUN
cblr-1213	799	31	.	.	PUNCT
cblr-1213	800	1	additionally	additionally	ADV
cblr-1213	800	2	,	,	PUNCT
cblr-1213	800	3	within	within	ADP
cblr-1213	800	4	the	the	DET
cblr-1213	800	5	mutual	mutual	ADJ
cblr-1213	800	6	fund	fund	NOUN
cblr-1213	800	7	industry	industry	NOUN
cblr-1213	800	8	,	,	PUNCT
cblr-1213	800	9	a	a	DET
cblr-1213	800	10	crucial	crucial	ADJ
cblr-1213	800	11	step	step	NOUN
cblr-1213	800	12	will	will	AUX
cblr-1213	800	13	be	be	AUX
cblr-1213	800	14	for	for	SCONJ
cblr-1213	800	15	large	large	ADJ
cblr-1213	800	16	firms	firm	NOUN
cblr-1213	800	17	to	to	PART
cblr-1213	800	18	convince	convince	VERB
cblr-1213	800	19	major	major	ADJ
cblr-1213	800	20	industry	industry	NOUN
cblr-1213	800	21	participants	participant	NOUN
cblr-1213	800	22	to	to	PART
cblr-1213	800	23	use	use	VERB
cblr-1213	800	24	the	the	DET
cblr-1213	800	25	same	same	ADJ
cblr-1213	800	26	platform.246	platform.246	PROPN
cblr-1213	800	27	analysis	analysis	NOUN
cblr-1213	800	28	of	of	ADP
cblr-1213	800	29	technology	technology	NOUN
cblr-1213	800	30	adoption	adoption	NOUN
cblr-1213	800	31	and	and	CCONJ
cblr-1213	800	32	infiltration	infiltration	NOUN
cblr-1213	800	33	performed	perform	VERB
cblr-1213	800	34	by	by	ADP
cblr-1213	800	35	two	two	NUM
cblr-1213	800	36	harvard	harvard	PROPN
cblr-1213	800	37	business	business	PROPN
cblr-1213	800	38	school	school	PROPN
cblr-1213	800	39	professors	professor	NOUN
cblr-1213	800	40	,	,	PUNCT
cblr-1213	800	41	marco	marco	PROPN
cblr-1213	800	42	iansiti	iansiti	PROPN
cblr-1213	800	43	and	and	CCONJ
cblr-1213	800	44	karim	karim	PROPN
cblr-1213	800	45	r.	r.	PROPN
cblr-1213	800	46	lakhani	lakhani	PROPN
cblr-1213	800	47	,	,	PUNCT
cblr-1213	800	48	however	however	ADV
cblr-1213	800	49	,	,	PUNCT
cblr-1213	800	50	239	239	NUM
cblr-1213	800	51	mooney	mooney	NOUN
cblr-1213	800	52	,	,	PUNCT
cblr-1213	800	53	supra	supra	PROPN
cblr-1213	800	54	note	note	PROPN
cblr-1213	800	55	235	235	NUM
cblr-1213	800	56	,	,	PUNCT
cblr-1213	800	57	at	at	ADP
cblr-1213	800	58	1	1	NUM
cblr-1213	800	59	.	.	NOUN
cblr-1213	800	60	240	240	NUM
cblr-1213	800	61	81	81	NUM
cblr-1213	800	62	del	del	PROPN
cblr-1213	800	63	.	.	PROPN
cblr-1213	800	64	laws	law	NOUN
cblr-1213	800	65	ch	ch	PROPN
cblr-1213	800	66	.	.	PROPN
cblr-1213	800	67	86	86	NUM
cblr-1213	800	68	(	(	PUNCT
cblr-1213	800	69	2017	2017	NUM
cblr-1213	800	70	)	)	PUNCT
cblr-1213	800	71	.	.	PUNCT
cblr-1213	801	1	see	see	VERB
cblr-1213	801	2	also	also	ADV
cblr-1213	801	3	jeff	jeff	PROPN
cblr-1213	801	4	john	john	PROPN
cblr-1213	801	5	roberts	roberts	PROPN
cblr-1213	801	6	,	,	PUNCT
cblr-1213	801	7	companies	company	NOUN
cblr-1213	801	8	can	can	AUX
cblr-1213	801	9	put	put	VERB
cblr-1213	801	10	shareholders	shareholder	NOUN
cblr-1213	801	11	on	on	ADP
cblr-1213	801	12	a	a	DET
cblr-1213	801	13	blockchain	blockchain	NOUN
cblr-1213	801	14	starting	start	VERB
cblr-1213	801	15	today	today	NOUN
cblr-1213	801	16	,	,	PUNCT
cblr-1213	801	17	fortune	fortune	NOUN
cblr-1213	801	18	(	(	PUNCT
cblr-1213	801	19	aug	aug	PROPN
cblr-1213	801	20	.	.	PROPN
cblr-1213	801	21	1	1	NUM
cblr-1213	801	22	,	,	PUNCT
cblr-1213	801	23	2017	2017	NUM
cblr-1213	801	24	)	)	PUNCT
cblr-1213	801	25	,	,	PUNCT
cblr-1213	801	26	http://fortune.com/2017/08/01/blockchain-shareholders-law/	http://fortune.com/2017/08/01/blockchain-shareholders-law/	PUNCT
cblr-1213	802	1	[	[	X
cblr-1213	802	2	https://	https://	PROPN
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cblr-1213	803	9	in	in	ADP
cblr-1213	803	10	private	private	ADJ
cblr-1213	803	11	companies	company	NOUN
cblr-1213	803	12	,	,	PUNCT
cblr-1213	803	13	law	law	NOUN
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cblr-1213	803	15	,	,	PUNCT
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cblr-1213	803	25	,	,	PUNCT
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cblr-1213	804	1	[	[	X
cblr-1213	804	2	https://	https://	PROPN
cblr-1213	804	3	perma.cc/a33y-m59z	perma.cc/a33y-m59z	PROPN
cblr-1213	804	4	]	]	X
cblr-1213	804	5	(	(	PUNCT
cblr-1213	804	6	citing	cite	VERB
cblr-1213	804	7	to	to	ADP
cblr-1213	804	8	two	two	NUM
cblr-1213	804	9	dozen	dozen	NOUN
cblr-1213	804	10	private	private	ADJ
cblr-1213	804	11	firms	firm	NOUN
cblr-1213	804	12	interested	interested	ADJ
cblr-1213	804	13	in	in	ADP
cblr-1213	804	14	blockchain	blockchain	PROPN
cblr-1213	804	15	stock	stock	NOUN
cblr-1213	804	16	ledgers	ledger	NOUN
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cblr-1213	805	3	supra	supra	PROPN
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cblr-1213	805	5	228	228	NUM
cblr-1213	805	6	,	,	PUNCT
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cblr-1213	805	12	listing	list	VERB
cblr-1213	805	13	120	120	NUM
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cblr-1213	805	15	investment	investment	NOUN
cblr-1213	805	16	firms	firm	NOUN
cblr-1213	805	17	utilizing	utilize	VERB
cblr-1213	805	18	blockchain	blockchain	NOUN
cblr-1213	805	19	and	and	CCONJ
cblr-1213	805	20	specific	specific	ADJ
cblr-1213	805	21	applications	application	NOUN
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cblr-1213	806	6	safe	safe	ADJ
cblr-1213	806	7	are	be	AUX
cblr-1213	806	8	blockchains	blockchain	NOUN
cblr-1213	806	9	?	?	PUNCT
cblr-1213	807	1	it	it	PRON
cblr-1213	807	2	depends	depend	VERB
cblr-1213	807	3	,	,	PUNCT
cblr-1213	807	4	harv	harv	NOUN
cblr-1213	807	5	.	.	PUNCT
cblr-1213	808	1	bus	bus	NOUN
cblr-1213	808	2	.	.	PUNCT
cblr-1213	809	1	rev	rev	PROPN
cblr-1213	809	2	.	.	PUNCT
cblr-1213	810	1	(	(	PUNCT
cblr-1213	810	2	march	march	PROPN
cblr-1213	810	3	7	7	NUM
cblr-1213	810	4	,	,	PUNCT
cblr-1213	810	5	2017	2017	NUM
cblr-1213	810	6	)	)	PUNCT
cblr-1213	810	7	,	,	PUNCT
cblr-1213	810	8	https://hbr.org/2017/03/how-safe-are-blockchains-itdepends	https://hbr.org/2017/03/how-safe-are-blockchains-itdepend	VERB
cblr-1213	810	9	[	[	X
cblr-1213	810	10	perma.cc/g57h-c37	perma.cc/g57h-c37	NOUN
cblr-1213	810	11	g	g	NOUN
cblr-1213	810	12	]	]	X
cblr-1213	810	13	(	(	PUNCT
cblr-1213	810	14	describing	describe	VERB
cblr-1213	810	15	public	public	ADJ
cblr-1213	810	16	and	and	CCONJ
cblr-1213	810	17	private	private	ADJ
cblr-1213	810	18	blockchain	blockchain	PROPN
cblr-1213	810	19	technology	technology	PROPN
cblr-1213	810	20	and	and	CCONJ
cblr-1213	810	21	noting	note	VERB
cblr-1213	810	22	that	that	SCONJ
cblr-1213	810	23	the	the	DET
cblr-1213	810	24	financial	financial	ADJ
cblr-1213	810	25	industry	industry	NOUN
cblr-1213	810	26	relies	rely	VERB
cblr-1213	810	27	upon	upon	SCONJ
cblr-1213	810	28	private	private	ADJ
cblr-1213	810	29	blockchains	blockchain	NOUN
cblr-1213	810	30	)	)	PUNCT
cblr-1213	810	31	.	.	PUNCT
cblr-1213	811	1	244	244	NUM
cblr-1213	811	2	kirkland	kirkland	PROPN
cblr-1213	811	3	,	,	PUNCT
cblr-1213	811	4	supra	supra	PROPN
cblr-1213	811	5	note	note	NOUN
cblr-1213	811	6	231	231	NUM
cblr-1213	811	7	(	(	PUNCT
cblr-1213	811	8	“	"	PUNCT
cblr-1213	811	9	the	the	DET
cblr-1213	811	10	biggest	big	ADJ
cblr-1213	811	11	problems	problem	NOUN
cblr-1213	811	12	[	[	X
cblr-1213	811	13	with	with	ADP
cblr-1213	811	14	blockchain	blockchain	PROPN
cblr-1213	811	15	]	]	PUNCT
cblr-1213	811	16	have	have	VERB
cblr-1213	811	17	to	to	PART
cblr-1213	811	18	do	do	VERB
cblr-1213	811	19	with	with	ADP
cblr-1213	811	20	governance	governance	NOUN
cblr-1213	811	21	.	.	PUNCT
cblr-1213	812	1	any	any	DET
cblr-1213	812	2	controversy	controversy	NOUN
cblr-1213	812	3	.	.	PUNCT
cblr-1213	812	4	.	.	PUNCT
cblr-1213	812	5	.	.	PUNCT
cblr-1213	813	1	is	be	AUX
cblr-1213	813	2	going	go	VERB
cblr-1213	813	3	to	to	PART
cblr-1213	813	4	revolve	revolve	VERB
cblr-1213	813	5	around	around	ADP
cblr-1213	813	6	these	these	DET
cblr-1213	813	7	governance	governance	NOUN
cblr-1213	813	8	issues	issue	NOUN
cblr-1213	813	9	.	.	PUNCT
cblr-1213	814	1	this	this	DET
cblr-1213	814	2	new	new	ADJ
cblr-1213	814	3	community	community	NOUN
cblr-1213	814	4	is	be	AUX
cblr-1213	814	5	in	in	ADP
cblr-1213	814	6	its	its	PRON
cblr-1213	814	7	infancy	infancy	NOUN
cblr-1213	814	8	.	.	PUNCT
cblr-1213	814	9	.	.	PUNCT
cblr-1213	814	10	.	.	PUNCT
cblr-1213	815	1	[	[	X
cblr-1213	815	2	,	,	PUNCT
cblr-1213	815	3	]	]	PUNCT
cblr-1213	815	4	the	the	DET
cblr-1213	815	5	whole	whole	ADJ
cblr-1213	815	6	world	world	NOUN
cblr-1213	815	7	of	of	ADP
cblr-1213	815	8	blockchain	blockchain	PROPN
cblr-1213	815	9	and	and	CCONJ
cblr-1213	815	10	digital	digital	ADJ
cblr-1213	815	11	currencies	currency	NOUN
cblr-1213	815	12	is	be	AUX
cblr-1213	815	13	the	the	DET
cblr-1213	815	14	wild	wild	ADJ
cblr-1213	815	15	west	west	NOUN
cblr-1213	815	16	.	.	PUNCT
cblr-1213	815	17	”	"	PUNCT
cblr-1213	815	18	)	)	PUNCT
cblr-1213	815	19	.	.	PUNCT
cblr-1213	816	1	245	245	NUM
cblr-1213	816	2	kaal	kaal	NOUN
cblr-1213	816	3	,	,	PUNCT
cblr-1213	816	4	supra	supra	PROPN
cblr-1213	816	5	note	note	PROPN
cblr-1213	816	6	228	228	NUM
cblr-1213	816	7	,	,	PUNCT
cblr-1213	816	8	at	at	ADP
cblr-1213	816	9	23–25	23–25	NUM
cblr-1213	816	10	.	.	PUNCT
cblr-1213	817	1	246	246	NUM
cblr-1213	817	2	mooney	mooney	PROPN
cblr-1213	817	3	,	,	PUNCT
cblr-1213	817	4	supra	supra	PROPN
cblr-1213	817	5	note	note	PROPN
cblr-1213	817	6	235	235	NUM
cblr-1213	817	7	,	,	PUNCT
cblr-1213	817	8	at	at	ADP
cblr-1213	817	9	2	2	NUM
cblr-1213	817	10	.	.	PUNCT
cblr-1213	818	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	818	2	184	184	NUM
cblr-1213	818	3	columbia	columbia	PROPN
cblr-1213	818	4	business	business	NOUN
cblr-1213	818	5	law	law	PROPN
cblr-1213	818	6	review	review	NOUN
cblr-1213	818	7	[	[	X
cblr-1213	818	8	vol	vol	NOUN
cblr-1213	818	9	.	.	PUNCT
cblr-1213	818	10	2018	2018	NUM
cblr-1213	818	11	suggests	suggest	VERB
cblr-1213	818	12	that	that	SCONJ
cblr-1213	818	13	early	early	ADJ
cblr-1213	818	14	and	and	CCONJ
cblr-1213	818	15	strong	strong	ADJ
cblr-1213	818	16	areas	area	NOUN
cblr-1213	818	17	of	of	ADP
cblr-1213	818	18	blockchain	blockchain	PROPN
cblr-1213	818	19	growth	growth	NOUN
cblr-1213	818	20	will	will	AUX
cblr-1213	818	21	occur	occur	VERB
cblr-1213	818	22	in	in	ADP
cblr-1213	818	23	localized	localized	ADJ
cblr-1213	818	24	applications	application	NOUN
cblr-1213	818	25	within	within	ADP
cblr-1213	818	26	a	a	DET
cblr-1213	818	27	small	small	ADJ
cblr-1213	818	28	network	network	NOUN
cblr-1213	818	29	of	of	ADP
cblr-1213	818	30	financial	financial	ADJ
cblr-1213	818	31	firms.247	firms.247	PROPN
cblr-1213	818	32	they	they	PRON
cblr-1213	818	33	predict	predict	VERB
cblr-1213	818	34	early	early	ADJ
cblr-1213	818	35	and	and	CCONJ
cblr-1213	818	36	important	important	ADJ
cblr-1213	818	37	adoption	adoption	NOUN
cblr-1213	818	38	of	of	ADP
cblr-1213	818	39	private	private	ADJ
cblr-1213	818	40	blockchains	blockchain	NOUN
cblr-1213	818	41	in	in	ADP
cblr-1213	818	42	the	the	DET
cblr-1213	818	43	financial	financial	ADJ
cblr-1213	818	44	industry	industry	NOUN
cblr-1213	818	45	,	,	PUNCT
cblr-1213	818	46	including	include	VERB
cblr-1213	818	47	the	the	DET
cblr-1213	818	48	firms	firm	NOUN
cblr-1213	818	49	listed	list	VERB
cblr-1213	818	50	above	above	ADP
cblr-1213	818	51	and	and	CCONJ
cblr-1213	818	52	among	among	ADP
cblr-1213	818	53	others	other	NOUN
cblr-1213	818	54	,	,	PUNCT
cblr-1213	818	55	which	which	PRON
cblr-1213	818	56	will	will	AUX
cblr-1213	818	57	drive	drive	VERB
cblr-1213	818	58	further	further	ADJ
cblr-1213	818	59	applications	application	NOUN
cblr-1213	818	60	and	and	CCONJ
cblr-1213	818	61	adoptions.248	adoptions.248	PROPN
cblr-1213	818	62	while	while	SCONJ
cblr-1213	818	63	not	not	PART
cblr-1213	818	64	fully	fully	ADV
cblr-1213	818	65	realized	realize	VERB
cblr-1213	818	66	,	,	PUNCT
cblr-1213	818	67	the	the	DET
cblr-1213	818	68	authors	author	NOUN
cblr-1213	818	69	of	of	ADP
cblr-1213	818	70	this	this	DET
cblr-1213	818	71	article	article	NOUN
cblr-1213	818	72	are	be	AUX
cblr-1213	818	73	excited	excited	ADJ
cblr-1213	818	74	about	about	ADP
cblr-1213	818	75	the	the	DET
cblr-1213	818	76	potential	potential	NOUN
cblr-1213	818	77	for	for	SCONJ
cblr-1213	818	78	blockchain	blockchain	PROPN
cblr-1213	818	79	technology	technology	PROPN
cblr-1213	818	80	to	to	PART
cblr-1213	818	81	address	address	VERB
cblr-1213	818	82	the	the	DET
cblr-1213	818	83	operational	operational	ADJ
cblr-1213	818	84	hurdles	hurdle	NOUN
cblr-1213	818	85	to	to	PART
cblr-1213	818	86	swing	swing	VERB
cblr-1213	818	87	pricing	pricing	NOUN
cblr-1213	818	88	—	—	PUNCT
cblr-1213	818	89	as	as	ADV
cblr-1213	818	90	well	well	ADV
cblr-1213	818	91	as	as	ADP
cblr-1213	818	92	to	to	PART
cblr-1213	818	93	deliver	deliver	VERB
cblr-1213	818	94	transaction	transaction	NOUN
cblr-1213	818	95	cost	cost	NOUN
cblr-1213	818	96	savings	saving	NOUN
cblr-1213	818	97	through	through	ADP
cblr-1213	818	98	automation	automation	NOUN
cblr-1213	818	99	,	,	PUNCT
cblr-1213	818	100	accuracy	accuracy	NOUN
cblr-1213	818	101	,	,	PUNCT
cblr-1213	818	102	and	and	CCONJ
cblr-1213	818	103	intermediary	intermediary	ADJ
cblr-1213	818	104	elimination	elimination	NOUN
cblr-1213	818	105	.	.	PUNCT
cblr-1213	819	1	2	2	X
cblr-1213	819	2	.	.	X
cblr-1213	819	3	conceptual	conceptual	ADJ
cblr-1213	819	4	challenges	challenge	NOUN
cblr-1213	819	5	this	this	DET
cblr-1213	819	6	article	article	NOUN
cblr-1213	819	7	distinguishes	distinguish	VERB
cblr-1213	819	8	conceptual	conceptual	ADJ
cblr-1213	819	9	challenges	challenge	NOUN
cblr-1213	819	10	from	from	ADP
cblr-1213	819	11	operational	operational	ADJ
cblr-1213	819	12	challenges	challenge	NOUN
cblr-1213	819	13	because	because	SCONJ
cblr-1213	819	14	the	the	DET
cblr-1213	819	15	conceptual	conceptual	ADJ
cblr-1213	819	16	criticisms	criticism	NOUN
cblr-1213	819	17	persist	persist	VERB
cblr-1213	819	18	even	even	ADV
cblr-1213	819	19	if	if	SCONJ
cblr-1213	819	20	the	the	DET
cblr-1213	819	21	mutual	mutual	ADJ
cblr-1213	819	22	fund	fund	NOUN
cblr-1213	819	23	industry	industry	NOUN
cblr-1213	819	24	implemented	implement	VERB
cblr-1213	819	25	the	the	DET
cblr-1213	819	26	operational	operational	ADJ
cblr-1213	819	27	changes	change	NOUN
cblr-1213	819	28	addressed	address	VERB
cblr-1213	819	29	above	above	ADV
cblr-1213	819	30	.	.	PUNCT
cblr-1213	820	1	price	price	NOUN
cblr-1213	820	2	volatility	volatility	NOUN
cblr-1213	820	3	and	and	CCONJ
cblr-1213	820	4	arbitrage	arbitrage	NOUN
cblr-1213	820	5	,	,	PUNCT
cblr-1213	820	6	imperfect	imperfect	ADJ
cblr-1213	820	7	equalization	equalization	NOUN
cblr-1213	820	8	among	among	ADP
cblr-1213	820	9	mutual	mutual	ADJ
cblr-1213	820	10	fund	fund	NOUN
cblr-1213	820	11	shareholders	shareholder	NOUN
cblr-1213	820	12	,	,	PUNCT
cblr-1213	820	13	and	and	CCONJ
cblr-1213	820	14	rising	rise	VERB
cblr-1213	820	15	compliance	compliance	NOUN
cblr-1213	820	16	costs	cost	NOUN
cblr-1213	820	17	with	with	ADP
cblr-1213	820	18	competing	compete	VERB
cblr-1213	820	19	compliance	compliance	NOUN
cblr-1213	820	20	priorities	priority	NOUN
cblr-1213	820	21	are	be	AUX
cblr-1213	820	22	all	all	PRON
cblr-1213	820	23	conceptual	conceptual	ADJ
cblr-1213	820	24	challenges	challenge	NOUN
cblr-1213	820	25	to	to	PART
cblr-1213	820	26	swing	swing	VERB
cblr-1213	820	27	pricing	pricing	NOUN
cblr-1213	820	28	.	.	PUNCT
cblr-1213	821	1	a.	a.	NOUN
cblr-1213	821	2	volatility	volatility	PROPN
cblr-1213	821	3	&	&	CCONJ
cblr-1213	821	4	arbitrage	arbitrage	NOUN
cblr-1213	821	5	swing	swing	NOUN
cblr-1213	821	6	pricing	pricing	NOUN
cblr-1213	821	7	may	may	AUX
cblr-1213	821	8	be	be	AUX
cblr-1213	821	9	a	a	DET
cblr-1213	821	10	source	source	NOUN
cblr-1213	821	11	of	of	ADP
cblr-1213	821	12	,	,	PUNCT
cblr-1213	821	13	not	not	PART
cblr-1213	821	14	a	a	DET
cblr-1213	821	15	solution	solution	NOUN
cblr-1213	821	16	to	to	ADP
cblr-1213	821	17	,	,	PUNCT
cblr-1213	821	18	volatility	volatility	NOUN
cblr-1213	821	19	,	,	PUNCT
cblr-1213	821	20	at	at	ADP
cblr-1213	821	21	least	least	ADJ
cblr-1213	821	22	in	in	ADP
cblr-1213	821	23	the	the	DET
cblr-1213	821	24	short	short	ADJ
cblr-1213	821	25	term.249	term.249	NOUN
cblr-1213	821	26	a	a	DET
cblr-1213	821	27	mutual	mutual	ADJ
cblr-1213	821	28	fund	fund	NOUN
cblr-1213	821	29	opting	opt	VERB
cblr-1213	821	30	into	into	ADP
cblr-1213	821	31	swing	swing	NOUN
cblr-1213	821	32	pricing	pricing	NOUN
cblr-1213	821	33	is	be	AUX
cblr-1213	821	34	likely	likely	ADJ
cblr-1213	821	35	to	to	PART
cblr-1213	821	36	experience	experience	VERB
cblr-1213	821	37	greater	great	ADJ
cblr-1213	821	38	price	price	NOUN
cblr-1213	821	39	volatility	volatility	NOUN
cblr-1213	821	40	(	(	PUNCT
cblr-1213	821	41	variations	variation	NOUN
cblr-1213	821	42	)	)	PUNCT
cblr-1213	821	43	when	when	SCONJ
cblr-1213	821	44	the	the	DET
cblr-1213	821	45	nav	nav	NOUN
cblr-1213	821	46	swings	swing	VERB
cblr-1213	821	47	than	than	ADP
cblr-1213	821	48	when	when	SCONJ
cblr-1213	821	49	it	it	PRON
cblr-1213	821	50	does	do	AUX
cblr-1213	821	51	not.250	not.250	VERB
cblr-1213	821	52	247	247	NUM
cblr-1213	821	53	iansiti	iansiti	NOUN
cblr-1213	821	54	&	&	CCONJ
cblr-1213	821	55	lakhani	lakhani	PROPN
cblr-1213	821	56	,	,	PUNCT
cblr-1213	821	57	supra	supra	PROPN
cblr-1213	821	58	note	note	NOUN
cblr-1213	821	59	234	234	NUM
cblr-1213	821	60	,	,	PUNCT
cblr-1213	821	61	at	at	ADP
cblr-1213	821	62	8	8	NUM
cblr-1213	821	63	.	.	NUM
cblr-1213	821	64	248	248	NUM
cblr-1213	822	1	i	i	PRON
cblr-1213	822	2	d.	d.	NOUN
cblr-1213	822	3	249	249	NUM
cblr-1213	822	4	final	final	ADJ
cblr-1213	822	5	rules	rule	NOUN
cblr-1213	822	6	,	,	PUNCT
cblr-1213	822	7	supra	supra	PROPN
cblr-1213	822	8	note	note	NOUN
cblr-1213	822	9	4	4	NUM
cblr-1213	822	10	,	,	PUNCT
cblr-1213	822	11	at	at	ADP
cblr-1213	822	12	82092	82092	NUM
cblr-1213	822	13	.	.	PUNCT
cblr-1213	823	1	(	(	PUNCT
cblr-1213	823	2	“	"	PUNCT
cblr-1213	823	3	[	[	X
cblr-1213	823	4	a	a	X
cblr-1213	823	5	]	]	X
cblr-1213	823	6	few	few	ADJ
cblr-1213	823	7	[	[	X
cblr-1213	823	8	commentators	commentator	NOUN
cblr-1213	823	9	]	]	PUNCT
cblr-1213	823	10	opposed	oppose	VERB
cblr-1213	823	11	swing	swing	NOUN
cblr-1213	823	12	pricing	pricing	NOUN
cblr-1213	823	13	outright	outright	ADV
cblr-1213	823	14	,	,	PUNCT
cblr-1213	823	15	arguing	argue	VERB
cblr-1213	823	16	that	that	SCONJ
cblr-1213	823	17	it	it	PRON
cblr-1213	823	18	may	may	AUX
cblr-1213	823	19	have	have	VERB
cblr-1213	823	20	negative	negative	ADJ
cblr-1213	823	21	effects	effect	NOUN
cblr-1213	823	22	on	on	ADP
cblr-1213	823	23	certain	certain	ADJ
cblr-1213	823	24	shareholders	shareholder	NOUN
cblr-1213	823	25	and	and	CCONJ
cblr-1213	823	26	may	may	AUX
cblr-1213	823	27	add	add	VERB
cblr-1213	823	28	to	to	PART
cblr-1213	823	29	fund	fund	VERB
cblr-1213	823	30	performance	performance	NOUN
cblr-1213	823	31	volatility	volatility	NOUN
cblr-1213	823	32	.	.	PUNCT
cblr-1213	823	33	”	"	PUNCT
cblr-1213	823	34	)	)	PUNCT
cblr-1213	823	35	.	.	PUNCT
cblr-1213	824	1	250	250	NUM
cblr-1213	825	1	i	i	PRON
cblr-1213	825	2	d.	d.	PROPN
cblr-1213	825	3	at	at	ADP
cblr-1213	825	4	82093	82093	NUM
cblr-1213	825	5	(	(	PUNCT
cblr-1213	825	6	“	"	PUNCT
cblr-1213	825	7	swing	swing	NOUN
cblr-1213	825	8	pricing	pricing	NOUN
cblr-1213	825	9	could	could	AUX
cblr-1213	825	10	increase	increase	VERB
cblr-1213	825	11	the	the	DET
cblr-1213	825	12	volatility	volatility	NOUN
cblr-1213	825	13	of	of	ADP
cblr-1213	825	14	a	a	DET
cblr-1213	825	15	fund	fund	NOUN
cblr-1213	825	16	’s	’s	PART
cblr-1213	825	17	nav	nav	NOUN
cblr-1213	825	18	in	in	ADP
cblr-1213	825	19	the	the	DET
cblr-1213	825	20	short	short	ADJ
cblr-1213	825	21	-	-	PUNCT
cblr-1213	825	22	term	term	NOUN
cblr-1213	825	23	because	because	SCONJ
cblr-1213	825	24	nav	nav	NOUN
cblr-1213	825	25	adjustments	adjustment	NOUN
cblr-1213	825	26	would	would	AUX
cblr-1213	825	27	occur	occur	VERB
cblr-1213	825	28	when	when	SCONJ
cblr-1213	825	29	the	the	DET
cblr-1213	825	30	fund	fund	NOUN
cblr-1213	825	31	’s	’s	PART
cblr-1213	825	32	net	net	ADJ
cblr-1213	825	33	purchases	purchase	NOUN
cblr-1213	825	34	or	or	CCONJ
cblr-1213	825	35	net	net	ADJ
cblr-1213	825	36	redemptions	redemption	NOUN
cblr-1213	825	37	pass	pass	VERB
cblr-1213	825	38	the	the	DET
cblr-1213	825	39	fund	fund	NOUN
cblr-1213	825	40	’s	’s	PART
cblr-1213	825	41	swing	swing	NOUN
cblr-1213	825	42	threshold	threshold	NOUN
cblr-1213	825	43	.	.	PUNCT
cblr-1213	826	1	thus	thus	ADV
cblr-1213	826	2	,	,	PUNCT
cblr-1213	826	3	the	the	DET
cblr-1213	826	4	fund	fund	NOUN
cblr-1213	826	5	’s	’s	PART
cblr-1213	826	6	day	day	NOUN
cblr-1213	826	7	-	-	PUNCT
cblr-1213	826	8	to	to	ADP
cblr-1213	826	9	-	-	PUNCT
cblr-1213	826	10	day	day	NOUN
cblr-1213	826	11	nav	nav	NOUN
cblr-1213	826	12	would	would	AUX
cblr-1213	826	13	show	show	VERB
cblr-1213	826	14	greater	great	ADJ
cblr-1213	826	15	fluctuation	fluctuation	NOUN
cblr-1213	826	16	than	than	SCONJ
cblr-1213	826	17	would	would	AUX
cblr-1213	826	18	be	be	AUX
cblr-1213	826	19	the	the	DET
cblr-1213	826	20	case	case	NOUN
cblr-1213	826	21	in	in	ADP
cblr-1213	826	22	the	the	DET
cblr-1213	826	23	absence	absence	NOUN
cblr-1213	826	24	of	of	ADP
cblr-1213	826	25	swing	swing	NOUN
cblr-1213	826	26	pricing	pricing	NOUN
cblr-1213	826	27	.	.	PUNCT
cblr-1213	826	28	”	"	PUNCT
cblr-1213	826	29	)	)	PUNCT
cblr-1213	826	30	.	.	PUNCT
cblr-1213	827	1	see	see	AUX
cblr-1213	827	2	also	also	ADV
cblr-1213	827	3	dechert	dechert	VERB
cblr-1213	827	4	comment	comment	NOUN
cblr-1213	827	5	letter	letter	NOUN
cblr-1213	827	6	,	,	PUNCT
cblr-1213	827	7	supra	supra	PROPN
cblr-1213	827	8	note	note	PROPN
cblr-1213	827	9	201	201	NUM
cblr-1213	827	10	,	,	PUNCT
cblr-1213	827	11	at	at	ADP
cblr-1213	827	12	24	24	NUM
cblr-1213	827	13	(	(	PUNCT
cblr-1213	827	14	pointing	point	VERB
cblr-1213	827	15	out	out	ADP
cblr-1213	827	16	that	that	SCONJ
cblr-1213	827	17	price	price	NOUN
cblr-1213	827	18	volatility	volatility	NOUN
cblr-1213	827	19	may	may	AUX
cblr-1213	827	20	originate	originate	VERB
cblr-1213	827	21	from	from	ADP
cblr-1213	827	22	“	"	PUNCT
cblr-1213	827	23	(	(	PUNCT
cblr-1213	827	24	i	i	NOUN
cblr-1213	827	25	)	)	PUNCT
cblr-1213	827	26	the	the	DET
cblr-1213	827	27	application	application	NOUN
cblr-1213	827	28	of	of	ADP
cblr-1213	827	29	an	an	DET
cblr-1213	827	30	incorrect	incorrect	ADJ
cblr-1213	827	31	swing	swing	NOUN
cblr-1213	827	32	factor	factor	NOUN
cblr-1213	827	33	to	to	ADP
cblr-1213	827	34	a	a	DET
cblr-1213	827	35	fund	fund	NOUN
cblr-1213	827	36	’s	’s	PART
cblr-1213	827	37	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	827	38	no	no	NOUN
cblr-1213	827	39	.	.	PUNCT
cblr-1213	828	1	1:130	1:130	NUM
cblr-1213	828	2	]	]	X
cblr-1213	828	3	will	will	AUX
cblr-1213	828	4	swing	swing	VERB
cblr-1213	828	5	pricing	pricing	NOUN
cblr-1213	828	6	save	save	VERB
cblr-1213	828	7	sedentary	sedentary	ADJ
cblr-1213	828	8	shareholders	shareholder	NOUN
cblr-1213	828	9	?	?	PUNCT
cblr-1213	829	1	185	185	NUM
cblr-1213	829	2	increased	increase	VERB
cblr-1213	829	3	price	price	NOUN
cblr-1213	829	4	variations	variation	NOUN
cblr-1213	829	5	might	might	AUX
cblr-1213	829	6	correlate	correlate	VERB
cblr-1213	829	7	with	with	ADP
cblr-1213	829	8	higher	high	ADJ
cblr-1213	829	9	shortterm	shortterm	NOUN
cblr-1213	829	10	tracking	track	VERB
cblr-1213	829	11	errors	error	NOUN
cblr-1213	829	12	where	where	SCONJ
cblr-1213	829	13	the	the	DET
cblr-1213	829	14	fund	fund	NOUN
cblr-1213	829	15	’s	’s	PART
cblr-1213	829	16	return	return	NOUN
cblr-1213	829	17	on	on	ADP
cblr-1213	829	18	the	the	DET
cblr-1213	829	19	swung	swung	ADJ
cblr-1213	829	20	nav	nav	NOUN
cblr-1213	829	21	deviates	deviate	VERB
cblr-1213	829	22	from	from	ADP
cblr-1213	829	23	a	a	DET
cblr-1213	829	24	fund	fund	NOUN
cblr-1213	829	25	’s	’s	PART
cblr-1213	829	26	benchmark	benchmark	NOUN
cblr-1213	829	27	return.251	return.251	NOUN
cblr-1213	829	28	one	one	NUM
cblr-1213	829	29	mutual	mutual	ADJ
cblr-1213	829	30	fund	fund	NOUN
cblr-1213	829	31	industry	industry	NOUN
cblr-1213	829	32	commentator	commentator	NOUN
cblr-1213	829	33	cautioned	caution	VERB
cblr-1213	829	34	:	:	PUNCT
cblr-1213	829	35	swing	swing	NOUN
cblr-1213	829	36	pricing	pricing	NOUN
cblr-1213	829	37	will	will	AUX
cblr-1213	829	38	distort	distort	VERB
cblr-1213	829	39	the	the	DET
cblr-1213	829	40	comparative	comparative	ADJ
cblr-1213	829	41	performance	performance	NOUN
cblr-1213	829	42	records	record	NOUN
cblr-1213	829	43	of	of	ADP
cblr-1213	829	44	different	different	ADJ
cblr-1213	829	45	funds	fund	NOUN
cblr-1213	829	46	to	to	PART
cblr-1213	829	47	reward	reward	VERB
cblr-1213	829	48	those	those	PRON
cblr-1213	829	49	that	that	PRON
cblr-1213	829	50	apply	apply	VERB
cblr-1213	829	51	swing	swing	NOUN
cblr-1213	829	52	pricing	pricing	NOUN
cblr-1213	829	53	most	most	ADV
cblr-1213	829	54	aggressively	aggressively	ADV
cblr-1213	829	55	.	.	PUNCT
cblr-1213	830	1	the	the	DET
cblr-1213	830	2	difficultto	difficultto	NOUN
cblr-1213	830	3	-	-	PUNCT
cblr-1213	830	4	quantify	quantify	ADJ
cblr-1213	830	5	and	and	CCONJ
cblr-1213	830	6	variable	variable	ADJ
cblr-1213	830	7	nature	nature	NOUN
cblr-1213	830	8	of	of	ADP
cblr-1213	830	9	the	the	DET
cblr-1213	830	10	underlying	underlying	ADJ
cblr-1213	830	11	fund	fund	NOUN
cblr-1213	830	12	costs	cost	NOUN
cblr-1213	830	13	that	that	SCONJ
cblr-1213	830	14	the	the	DET
cblr-1213	830	15	swing	swing	NOUN
cblr-1213	830	16	pricing	pricing	NOUN
cblr-1213	830	17	proposal	proposal	NOUN
cblr-1213	830	18	seeks	seek	VERB
cblr-1213	830	19	to	to	PART
cblr-1213	830	20	mitigate	mitigate	VERB
cblr-1213	830	21	and	and	CCONJ
cblr-1213	830	22	the	the	DET
cblr-1213	830	23	forced	force	VERB
cblr-1213	830	24	reliance	reliance	NOUN
cblr-1213	830	25	on	on	ADP
cblr-1213	830	26	estimates	estimate	NOUN
cblr-1213	830	27	of	of	ADP
cblr-1213	830	28	daily	daily	ADJ
cblr-1213	830	29	net	net	ADJ
cblr-1213	830	30	flows	flow	NOUN
cblr-1213	830	31	mean	mean	VERB
cblr-1213	830	32	that	that	SCONJ
cblr-1213	830	33	fund	fund	NOUN
cblr-1213	830	34	transaction	transaction	NOUN
cblr-1213	830	35	prices	price	NOUN
cblr-1213	830	36	adjusted	adjust	VERB
cblr-1213	830	37	to	to	PART
cblr-1213	830	38	reflect	reflect	VERB
cblr-1213	830	39	swing	swing	NOUN
cblr-1213	830	40	pricing	pricing	NOUN
cblr-1213	830	41	will	will	AUX
cblr-1213	830	42	be	be	AUX
cblr-1213	830	43	subject	subject	ADJ
cblr-1213	830	44	to	to	ADP
cblr-1213	830	45	errors	error	NOUN
cblr-1213	830	46	and	and	CCONJ
cblr-1213	830	47	second	second	ADV
cblr-1213	830	48	-	-	PUNCT
cblr-1213	830	49	guessing	guessing	NOUN
cblr-1213	830	50	,	,	PUNCT
cblr-1213	830	51	exposing	expose	VERB
cblr-1213	830	52	funds	fund	NOUN
cblr-1213	830	53	utilizing	utilize	VERB
cblr-1213	830	54	swing	swing	NOUN
cblr-1213	830	55	pricing	pricing	NOUN
cblr-1213	830	56	to	to	ADP
cblr-1213	830	57	transaction	transaction	NOUN
cblr-1213	830	58	reprocessing	reprocess	VERB
cblr-1213	830	59	costs	cost	NOUN
cblr-1213	830	60	and	and	CCONJ
cblr-1213	830	61	potential	potential	ADJ
cblr-1213	830	62	regulatory	regulatory	ADJ
cblr-1213	830	63	sanctions	sanction	NOUN
cblr-1213	830	64	and	and	CCONJ
cblr-1213	830	65	litigation.252	litigation.252	VERB
cblr-1213	830	66	these	these	DET
cblr-1213	830	67	concerns	concern	NOUN
cblr-1213	830	68	are	be	AUX
cblr-1213	830	69	short	short	ADJ
cblr-1213	830	70	-	-	PUNCT
cblr-1213	830	71	sighted	sighted	ADJ
cblr-1213	830	72	however	however	ADV
cblr-1213	830	73	,	,	PUNCT
cblr-1213	830	74	because	because	SCONJ
cblr-1213	830	75	while	while	SCONJ
cblr-1213	830	76	daily	daily	ADJ
cblr-1213	830	77	variation	variation	NOUN
cblr-1213	830	78	may	may	AUX
cblr-1213	830	79	increase	increase	VERB
cblr-1213	830	80	,	,	PUNCT
cblr-1213	830	81	the	the	DET
cblr-1213	830	82	price	price	NOUN
cblr-1213	830	83	would	would	AUX
cblr-1213	830	84	reflect	reflect	VERB
cblr-1213	830	85	actual	actual	ADJ
cblr-1213	830	86	transaction	transaction	NOUN
cblr-1213	830	87	costs	cost	NOUN
cblr-1213	830	88	making	make	VERB
cblr-1213	830	89	the	the	DET
cblr-1213	830	90	returns	return	NOUN
cblr-1213	830	91	more	more	ADV
cblr-1213	830	92	accurate	accurate	ADJ
cblr-1213	830	93	.	.	PUNCT
cblr-1213	831	1	additionally	additionally	ADV
cblr-1213	831	2	,	,	PUNCT
cblr-1213	831	3	as	as	SCONJ
cblr-1213	831	4	more	more	ADJ
cblr-1213	831	5	funds	fund	NOUN
cblr-1213	831	6	implement	implement	VERB
cblr-1213	831	7	swing	swing	NOUN
cblr-1213	831	8	pricing	pricing	NOUN
cblr-1213	831	9	,	,	PUNCT
cblr-1213	831	10	the	the	DET
cblr-1213	831	11	benchmarks	benchmark	NOUN
cblr-1213	831	12	will	will	AUX
cblr-1213	831	13	reflect	reflect	VERB
cblr-1213	831	14	the	the	DET
cblr-1213	831	15	liquidity	liquidity	NOUN
cblr-1213	831	16	costs	cost	NOUN
cblr-1213	831	17	,	,	PUNCT
cblr-1213	831	18	and	and	CCONJ
cblr-1213	831	19	over	over	ADP
cblr-1213	831	20	time	time	NOUN
cblr-1213	831	21	,	,	PUNCT
cblr-1213	831	22	produce	produce	VERB
cblr-1213	831	23	both	both	PRON
cblr-1213	831	24	more	more	ADV
cblr-1213	831	25	accurate	accurate	ADJ
cblr-1213	831	26	and	and	CCONJ
cblr-1213	831	27	consistent	consistent	ADJ
cblr-1213	831	28	returns.253	returns.253	ADJ
cblr-1213	831	29	nav	nav	NOUN
cblr-1213	831	30	;	;	PUNCT
cblr-1213	831	31	(	(	PUNCT
cblr-1213	831	32	ii	ii	NOUN
cblr-1213	831	33	)	)	PUNCT
cblr-1213	831	34	adjusting	adjust	VERB
cblr-1213	831	35	the	the	DET
cblr-1213	831	36	fund	fund	NOUN
cblr-1213	831	37	’s	’s	PART
cblr-1213	831	38	nav	nav	NOUN
cblr-1213	831	39	in	in	ADP
cblr-1213	831	40	the	the	DET
cblr-1213	831	41	wrong	wrong	ADJ
cblr-1213	831	42	direction	direction	NOUN
cblr-1213	831	43	;	;	PUNCT
cblr-1213	831	44	and	and	CCONJ
cblr-1213	831	45	(	(	PUNCT
cblr-1213	831	46	iii	iii	X
cblr-1213	831	47	)	)	PUNCT
cblr-1213	831	48	the	the	DET
cblr-1213	831	49	failure	failure	NOUN
cblr-1213	831	50	to	to	PART
cblr-1213	831	51	adjust	adjust	VERB
cblr-1213	831	52	the	the	DET
cblr-1213	831	53	fund	fund	NOUN
cblr-1213	831	54	’s	’s	PART
cblr-1213	831	55	nav	nav	NOUN
cblr-1213	831	56	when	when	SCONJ
cblr-1213	831	57	the	the	DET
cblr-1213	831	58	swing	swing	NOUN
cblr-1213	831	59	threshold	threshold	NOUN
cblr-1213	831	60	has	have	AUX
cblr-1213	831	61	been	be	AUX
cblr-1213	831	62	reached	reach	VERB
cblr-1213	831	63	”	"	PUNCT
cblr-1213	831	64	)	)	PUNCT
cblr-1213	831	65	.	.	PUNCT
cblr-1213	832	1	251	251	NUM
cblr-1213	832	2	final	final	ADJ
cblr-1213	832	3	rules	rule	NOUN
cblr-1213	832	4	,	,	PUNCT
cblr-1213	832	5	supra	supra	PROPN
cblr-1213	832	6	note	note	NOUN
cblr-1213	832	7	4	4	NUM
cblr-1213	832	8	,	,	PUNCT
cblr-1213	832	9	at	at	ADP
cblr-1213	832	10	82093	82093	NUM
cblr-1213	832	11	(	(	PUNCT
cblr-1213	832	12	“	"	PUNCT
cblr-1213	832	13	[	[	X
cblr-1213	832	14	v]olatility	v]olatility	NOUN
cblr-1213	832	15	might	might	AUX
cblr-1213	832	16	increase	increase	VERB
cblr-1213	832	17	short	short	ADJ
cblr-1213	832	18	-	-	PUNCT
cblr-1213	832	19	term	term	NOUN
cblr-1213	832	20	tracking	tracking	NOUN
cblr-1213	832	21	error	error	NOUN
cblr-1213	832	22	(	(	PUNCT
cblr-1213	832	23	i.e.	i.e.	X
cblr-1213	832	24	,	,	PUNCT
cblr-1213	832	25	the	the	DET
cblr-1213	832	26	difference	difference	NOUN
cblr-1213	832	27	in	in	ADP
cblr-1213	832	28	return	return	NOUN
cblr-1213	832	29	based	base	VERB
cblr-1213	832	30	on	on	ADP
cblr-1213	832	31	the	the	DET
cblr-1213	832	32	swung	swung	ADJ
cblr-1213	832	33	nav	nav	NOUN
cblr-1213	832	34	compared	compare	VERB
cblr-1213	832	35	to	to	ADP
cblr-1213	832	36	the	the	DET
cblr-1213	832	37	fund	fund	NOUN
cblr-1213	832	38	’s	’s	PART
cblr-1213	832	39	benchmark	benchmark	NOUN
cblr-1213	832	40	)	)	PUNCT
cblr-1213	832	41	during	during	ADP
cblr-1213	832	42	the	the	DET
cblr-1213	832	43	daily	daily	ADJ
cblr-1213	832	44	period	period	NOUN
cblr-1213	832	45	of	of	ADP
cblr-1213	832	46	nav	nav	NOUN
cblr-1213	832	47	adjustment	adjustment	NOUN
cblr-1213	832	48	,	,	PUNCT
cblr-1213	832	49	and	and	CCONJ
cblr-1213	832	50	could	could	AUX
cblr-1213	832	51	make	make	VERB
cblr-1213	832	52	a	a	DET
cblr-1213	832	53	fund	fund	NOUN
cblr-1213	832	54	’s	’s	PART
cblr-1213	832	55	short	short	ADJ
cblr-1213	832	56	-	-	PUNCT
cblr-1213	832	57	term	term	NOUN
cblr-1213	832	58	performance	performance	NOUN
cblr-1213	832	59	deviate	deviate	NOUN
cblr-1213	832	60	from	from	ADP
cblr-1213	832	61	the	the	DET
cblr-1213	832	62	fund	fund	NOUN
cblr-1213	832	63	’s	’s	PART
cblr-1213	832	64	benchmark	benchmark	NOUN
cblr-1213	832	65	to	to	ADP
cblr-1213	832	66	a	a	DET
cblr-1213	832	67	greater	great	ADJ
cblr-1213	832	68	degree	degree	NOUN
cblr-1213	832	69	than	than	SCONJ
cblr-1213	832	70	if	if	SCONJ
cblr-1213	832	71	swing	swing	NOUN
cblr-1213	832	72	pricing	pricing	NOUN
cblr-1213	832	73	had	have	AUX
cblr-1213	832	74	not	not	PART
cblr-1213	832	75	been	be	AUX
cblr-1213	832	76	used	use	VERB
cblr-1213	832	77	,	,	PUNCT
cblr-1213	832	78	especially	especially	ADV
cblr-1213	832	79	if	if	SCONJ
cblr-1213	832	80	the	the	DET
cblr-1213	832	81	nav	nav	NOUN
cblr-1213	832	82	is	be	AUX
cblr-1213	832	83	swung	swing	VERB
cblr-1213	832	84	on	on	ADP
cblr-1213	832	85	the	the	DET
cblr-1213	832	86	first	first	ADJ
cblr-1213	832	87	or	or	CCONJ
cblr-1213	832	88	last	last	ADJ
cblr-1213	832	89	day	day	NOUN
cblr-1213	832	90	of	of	ADP
cblr-1213	832	91	a	a	DET
cblr-1213	832	92	performance	performance	NOUN
cblr-1213	832	93	measurement	measurement	NOUN
cblr-1213	832	94	period	period	NOUN
cblr-1213	832	95	.	.	PUNCT
cblr-1213	832	96	”	"	PUNCT
cblr-1213	832	97	)	)	PUNCT
cblr-1213	832	98	.	.	PUNCT
cblr-1213	833	1	252	252	NUM
cblr-1213	833	2	eaton	eaton	PROPN
cblr-1213	833	3	vance	vance	PROPN
cblr-1213	833	4	comment	comment	NOUN
cblr-1213	833	5	letter	letter	NOUN
cblr-1213	833	6	,	,	PUNCT
cblr-1213	833	7	supra	supra	PROPN
cblr-1213	833	8	note	note	PROPN
cblr-1213	833	9	170	170	NUM
cblr-1213	833	10	,	,	PUNCT
cblr-1213	833	11	at	at	ADP
cblr-1213	833	12	4	4	NUM
cblr-1213	833	13	.	.	NOUN
cblr-1213	833	14	253	253	NUM
cblr-1213	833	15	final	final	ADJ
cblr-1213	833	16	rules	rule	NOUN
cblr-1213	833	17	,	,	PUNCT
cblr-1213	833	18	supra	supra	PROPN
cblr-1213	833	19	note	note	NOUN
cblr-1213	833	20	4	4	NUM
cblr-1213	833	21	,	,	PUNCT
cblr-1213	833	22	at	at	ADP
cblr-1213	833	23	82093	82093	NUM
cblr-1213	833	24	(	(	PUNCT
cblr-1213	833	25	“	"	PUNCT
cblr-1213	833	26	[	[	X
cblr-1213	833	27	s]wing	s]we	VERB
cblr-1213	833	28	pricing	pricing	NOUN
cblr-1213	833	29	may	may	AUX
cblr-1213	833	30	also	also	ADV
cblr-1213	833	31	result	result	VERB
cblr-1213	833	32	in	in	ADP
cblr-1213	833	33	reduced	reduce	VERB
cblr-1213	833	34	tracking	tracking	NOUN
cblr-1213	833	35	error	error	NOUN
cblr-1213	833	36	over	over	ADP
cblr-1213	833	37	time	time	NOUN
cblr-1213	833	38	,	,	PUNCT
cblr-1213	833	39	as	as	SCONJ
cblr-1213	833	40	benchmarks	benchmark	NOUN
cblr-1213	833	41	typically	typically	ADV
cblr-1213	833	42	do	do	AUX
cblr-1213	833	43	not	not	PART
cblr-1213	833	44	take	take	VERB
cblr-1213	833	45	into	into	ADP
cblr-1213	833	46	account	account	NOUN
cblr-1213	833	47	transaction	transaction	NOUN
cblr-1213	833	48	costs	cost	NOUN
cblr-1213	833	49	associated	associate	VERB
cblr-1213	833	50	with	with	ADP
cblr-1213	833	51	responding	respond	VERB
cblr-1213	833	52	to	to	ADP
cblr-1213	833	53	daily	daily	ADJ
cblr-1213	833	54	transactions	transaction	NOUN
cblr-1213	833	55	,	,	PUNCT
cblr-1213	833	56	and	and	CCONJ
cblr-1213	833	57	if	if	SCONJ
cblr-1213	833	58	swing	swing	NOUN
cblr-1213	833	59	pricing	pricing	NOUN
cblr-1213	833	60	recoups	recoup	VERB
cblr-1213	833	61	such	such	ADJ
cblr-1213	833	62	costs	cost	NOUN
cblr-1213	833	63	,	,	PUNCT
cblr-1213	833	64	it	it	PRON
cblr-1213	833	65	may	may	AUX
cblr-1213	833	66	result	result	VERB
cblr-1213	833	67	in	in	ADP
cblr-1213	833	68	a	a	DET
cblr-1213	833	69	fund	fund	NOUN
cblr-1213	833	70	that	that	PRON
cblr-1213	833	71	implements	implement	VERB
cblr-1213	833	72	swing	swing	NOUN
cblr-1213	833	73	pricing	price	VERB
cblr-1213	833	74	better	well	ADV
cblr-1213	833	75	matching	match	VERB
cblr-1213	833	76	its	its	PRON
cblr-1213	833	77	benchmark	benchmark	NOUN
cblr-1213	833	78	on	on	ADP
cblr-1213	833	79	a	a	DET
cblr-1213	833	80	long	long	ADJ
cblr-1213	833	81	-	-	PUNCT
cblr-1213	833	82	term	term	NOUN
cblr-1213	833	83	basis	basis	NOUN
cblr-1213	833	84	.	.	PUNCT
cblr-1213	833	85	”	"	PUNCT
cblr-1213	833	86	)	)	PUNCT
cblr-1213	833	87	.	.	PUNCT
cblr-1213	834	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	834	2	186	186	NUM
cblr-1213	834	3	columbia	columbia	PROPN
cblr-1213	834	4	business	business	NOUN
cblr-1213	834	5	law	law	PROPN
cblr-1213	834	6	review	review	NOUN
cblr-1213	834	7	[	[	X
cblr-1213	834	8	vol	vol	NOUN
cblr-1213	834	9	.	.	NOUN
cblr-1213	834	10	2018	2018	NUM
cblr-1213	834	11	the	the	DET
cblr-1213	834	12	ici	ici	NOUN
cblr-1213	834	13	,	,	PUNCT
cblr-1213	834	14	representing	represent	VERB
cblr-1213	834	15	9352	9352	NUM
cblr-1213	834	16	mutual	mutual	ADJ
cblr-1213	834	17	funds,254	funds,254	NOUN
cblr-1213	834	18	expressed	express	VERB
cblr-1213	834	19	concern	concern	NOUN
cblr-1213	834	20	that	that	SCONJ
cblr-1213	834	21	disclosures	disclosure	NOUN
cblr-1213	834	22	of	of	ADP
cblr-1213	834	23	swing	swing	NOUN
cblr-1213	834	24	pricing	pricing	NOUN
cblr-1213	834	25	process	process	NOUN
cblr-1213	834	26	and	and	CCONJ
cblr-1213	834	27	fund	fund	NOUN
cblr-1213	834	28	flow	flow	NOUN
cblr-1213	834	29	data	datum	NOUN
cblr-1213	834	30	would	would	AUX
cblr-1213	834	31	create	create	VERB
cblr-1213	834	32	new	new	ADJ
cblr-1213	834	33	arbitrage	arbitrage	NOUN
cblr-1213	834	34	opportunities	opportunity	NOUN
cblr-1213	834	35	by	by	ADP
cblr-1213	834	36	disclosing	disclose	VERB
cblr-1213	834	37	heretofore	heretofore	ADV
cblr-1213	834	38	“	"	PUNCT
cblr-1213	834	39	material	material	ADJ
cblr-1213	834	40	non	non	ADJ
cblr-1213	834	41	-	-	ADJ
cblr-1213	834	42	public	public	ADJ
cblr-1213	834	43	information	information	NOUN
cblr-1213	834	44	.	.	PUNCT
cblr-1213	835	1	”255	”255	X
cblr-1213	835	2	the	the	DET
cblr-1213	835	3	european	european	ADJ
cblr-1213	835	4	jurisdictions	jurisdiction	NOUN
cblr-1213	835	5	’	'	PUNCT
cblr-1213	835	6	experience	experience	NOUN
cblr-1213	835	7	with	with	ADP
cblr-1213	835	8	swing	swing	NOUN
cblr-1213	835	9	pricing	pricing	NOUN
cblr-1213	835	10	confirms	confirm	VERB
cblr-1213	835	11	these	these	DET
cblr-1213	835	12	suspicions	suspicion	NOUN
cblr-1213	835	13	.	.	PUNCT
cblr-1213	836	1	historically	historically	ADV
cblr-1213	836	2	,	,	PUNCT
cblr-1213	836	3	european	european	ADJ
cblr-1213	836	4	funds	fund	NOUN
cblr-1213	836	5	were	be	AUX
cblr-1213	836	6	reticent	reticent	ADJ
cblr-1213	836	7	to	to	PART
cblr-1213	836	8	disclose	disclose	VERB
cblr-1213	836	9	swing	swing	NOUN
cblr-1213	836	10	pricing	pricing	NOUN
cblr-1213	836	11	information.256	information.256	ADJ
cblr-1213	836	12	many	many	ADJ
cblr-1213	836	13	european	european	ADJ
cblr-1213	836	14	funds	fund	NOUN
cblr-1213	836	15	do	do	AUX
cblr-1213	836	16	not	not	PART
cblr-1213	836	17	disclose	disclose	VERB
cblr-1213	836	18	the	the	DET
cblr-1213	836	19	swing	swing	NOUN
cblr-1213	836	20	threshold	threshold	NOUN
cblr-1213	836	21	—	—	PUNCT
cblr-1213	836	22	something	something	PRON
cblr-1213	836	23	not	not	PART
cblr-1213	836	24	required	require	VERB
cblr-1213	836	25	under	under	ADP
cblr-1213	836	26	the	the	DET
cblr-1213	836	27	u.s	u.s	PROPN
cblr-1213	836	28	.	.	PROPN
cblr-1213	836	29	rules	rule	NOUN
cblr-1213	836	30	—	—	PUNCT
cblr-1213	836	31	but	but	CCONJ
cblr-1213	836	32	roughly	roughly	ADV
cblr-1213	836	33	half	half	NOUN
cblr-1213	836	34	of	of	ADP
cblr-1213	836	35	funds	fund	NOUN
cblr-1213	836	36	responding	respond	VERB
cblr-1213	836	37	to	to	ADP
cblr-1213	836	38	a	a	DET
cblr-1213	836	39	2015	2015	NUM
cblr-1213	836	40	survey	survey	NOUN
cblr-1213	836	41	disclose	disclose	VERB
cblr-1213	836	42	swing	swing	NOUN
cblr-1213	836	43	pricing	pricing	NOUN
cblr-1213	836	44	information	information	NOUN
cblr-1213	836	45	upon	upon	SCONJ
cblr-1213	836	46	client	client	NOUN
cblr-1213	836	47	request.257	request.257	NOUN
cblr-1213	836	48	new	new	ADJ
cblr-1213	836	49	swing	swing	NOUN
cblr-1213	836	50	pricing	pricing	NOUN
cblr-1213	836	51	procedures	procedure	NOUN
cblr-1213	836	52	may	may	AUX
cblr-1213	836	53	contribute	contribute	VERB
cblr-1213	836	54	to	to	PART
cblr-1213	836	55	shortterm	shortterm	VERB
cblr-1213	836	56	price	price	NOUN
cblr-1213	836	57	volatility	volatility	NOUN
cblr-1213	836	58	by	by	ADP
cblr-1213	836	59	deterring	deter	VERB
cblr-1213	836	60	advance	advance	NOUN
cblr-1213	836	61	notice	notice	NOUN
cblr-1213	836	62	of	of	ADP
cblr-1213	836	63	large	large	ADJ
cblr-1213	836	64	trades	trade	NOUN
cblr-1213	836	65	.	.	PUNCT
cblr-1213	837	1	large	large	ADJ
cblr-1213	837	2	shareholders	shareholder	NOUN
cblr-1213	837	3	or	or	CCONJ
cblr-1213	837	4	institutional	institutional	ADJ
cblr-1213	837	5	investors	investor	NOUN
cblr-1213	837	6	often	often	ADV
cblr-1213	837	7	provide	provide	VERB
cblr-1213	837	8	funds	fund	NOUN
cblr-1213	837	9	advance	advance	NOUN
cblr-1213	837	10	notice	notice	NOUN
cblr-1213	837	11	of	of	ADP
cblr-1213	837	12	a	a	DET
cblr-1213	837	13	large	large	ADJ
cblr-1213	837	14	purchase	purchase	NOUN
cblr-1213	837	15	or	or	CCONJ
cblr-1213	837	16	redemption	redemption	NOUN
cblr-1213	837	17	order	order	NOUN
cblr-1213	837	18	,	,	PUNCT
cblr-1213	837	19	as	as	SCONJ
cblr-1213	837	20	a	a	DET
cblr-1213	837	21	courtesy.258	courtesy.258	NOUN
cblr-1213	837	22	discouraging	discourage	VERB
cblr-1213	837	23	advance	advance	NOUN
cblr-1213	837	24	notice	notice	NOUN
cblr-1213	837	25	augments	augment	VERB
cblr-1213	837	26	a	a	DET
cblr-1213	837	27	funds	fund	NOUN
cblr-1213	837	28	’	'	PUNCT
cblr-1213	837	29	likelihood	likelihood	NOUN
cblr-1213	837	30	of	of	ADP
cblr-1213	837	31	“	"	PUNCT
cblr-1213	837	32	blind	blind	ADJ
cblr-1213	837	33	”	"	PUNCT
cblr-1213	837	34	nav	nav	NOUN
cblr-1213	837	35	calculations	calculation	NOUN
cblr-1213	837	36	.	.	PUNCT
cblr-1213	838	1	funds	fund	NOUN
cblr-1213	838	2	foster	foster	VERB
cblr-1213	838	3	strong	strong	ADJ
cblr-1213	838	4	relationships	relationship	NOUN
cblr-1213	838	5	and	and	CCONJ
cblr-1213	838	6	communication	communication	NOUN
cblr-1213	838	7	with	with	ADP
cblr-1213	838	8	intermediaries	intermediary	NOUN
cblr-1213	838	9	and	and	CCONJ
cblr-1213	838	10	as	as	ADP
cblr-1213	838	11	a	a	DET
cblr-1213	838	12	result	result	NOUN
cblr-1213	838	13	are	be	AUX
cblr-1213	838	14	able	able	ADJ
cblr-1213	838	15	to	to	PART
cblr-1213	838	16	request	request	VERB
cblr-1213	838	17	advance	advance	NOUN
cblr-1213	838	18	notice	notice	NOUN
cblr-1213	838	19	of	of	ADP
cblr-1213	838	20	large	large	ADJ
cblr-1213	838	21	shareholder	shareholder	NOUN
cblr-1213	838	22	transactions.259	transactions.259	NOUN
cblr-1213	838	23	intermediaries	intermediary	NOUN
cblr-1213	838	24	may	may	AUX
cblr-1213	838	25	provide	provide	VERB
cblr-1213	838	26	a	a	DET
cblr-1213	838	27	few	few	ADJ
cblr-1213	838	28	days	day	NOUN
cblr-1213	838	29	’	'	PUNCT
cblr-1213	838	30	to	to	ADP
cblr-1213	838	31	even	even	ADV
cblr-1213	838	32	a	a	DET
cblr-1213	838	33	few	few	ADJ
cblr-1213	838	34	weeks	week	NOUN
cblr-1213	838	35	’	'	PUNCT
cblr-1213	838	36	notice	notice	NOUN
cblr-1213	838	37	of	of	ADP
cblr-1213	838	38	large	large	ADJ
cblr-1213	838	39	transactions	transaction	NOUN
cblr-1213	838	40	,	,	PUNCT
cblr-1213	838	41	such	such	ADJ
cblr-1213	838	42	as	as	ADP
cblr-1213	838	43	when	when	SCONJ
cblr-1213	838	44	the	the	DET
cblr-1213	838	45	fund	fund	NOUN
cblr-1213	838	46	is	be	AUX
cblr-1213	838	47	being	be	AUX
cblr-1213	838	48	added	add	VERB
cblr-1213	838	49	or	or	CCONJ
cblr-1213	838	50	removed	remove	VERB
cblr-1213	838	51	from	from	ADP
cblr-1213	838	52	254	254	NUM
cblr-1213	838	53	inv	inv	ADJ
cblr-1213	838	54	.	.	PUNCT
cblr-1213	838	55	co.	co.	PROPN
cblr-1213	838	56	inst	inst	PROPN
cblr-1213	838	57	.	.	PROPN
cblr-1213	838	58	,	,	PUNCT
cblr-1213	838	59	2015	2015	NUM
cblr-1213	838	60	annual	annual	ADJ
cblr-1213	838	61	report	report	NOUN
cblr-1213	838	62	to	to	ADP
cblr-1213	838	63	members	member	NOUN
cblr-1213	838	64	2	2	NUM
cblr-1213	838	65	(	(	PUNCT
cblr-1213	838	66	2015	2015	NUM
cblr-1213	838	67	)	)	PUNCT
cblr-1213	838	68	,	,	PUNCT
cblr-1213	838	69	https://www.ici.org/pdf/15_ici_annual.pdf	https://www.ici.org/pdf/15_ici_annual.pdf	PROPN
cblr-1213	839	1	[	[	X
cblr-1213	839	2	perma.cc/z8wm-slk8	perma.cc/z8wm-slk8	PROPN
cblr-1213	839	3	]	]	PUNCT
cblr-1213	839	4	.	.	PUNCT
cblr-1213	840	1	the	the	DET
cblr-1213	840	2	association	association	NOUN
cblr-1213	840	3	that	that	PRON
cblr-1213	840	4	would	would	AUX
cblr-1213	840	5	later	later	ADV
cblr-1213	840	6	become	become	VERB
cblr-1213	840	7	the	the	DET
cblr-1213	840	8	ici	ici	NOUN
cblr-1213	840	9	was	be	AUX
cblr-1213	840	10	formed	form	VERB
cblr-1213	840	11	in	in	ADP
cblr-1213	840	12	1940	1940	NUM
cblr-1213	840	13	in	in	ADP
cblr-1213	840	14	conjunction	conjunction	NOUN
cblr-1213	840	15	with	with	ADP
cblr-1213	840	16	the	the	DET
cblr-1213	840	17	sweeping	sweeping	ADJ
cblr-1213	840	18	federal	federal	ADJ
cblr-1213	840	19	financial	financial	ADJ
cblr-1213	840	20	reform	reform	NOUN
cblr-1213	840	21	ushered	usher	VERB
cblr-1213	840	22	in	in	ADP
cblr-1213	840	23	by	by	ADP
cblr-1213	840	24	the	the	DET
cblr-1213	840	25	1940	1940	NUM
cblr-1213	840	26	investment	investment	NOUN
cblr-1213	840	27	company	company	NOUN
cblr-1213	840	28	act	act	PROPN
cblr-1213	840	29	.	.	PUNCT
cblr-1213	841	1	see	see	AUX
cblr-1213	841	2	also	also	ADV
cblr-1213	841	3	inv	inv	VERB
cblr-1213	841	4	.	.	PUNCT
cblr-1213	841	5	co.	co.	PROPN
cblr-1213	841	6	inst	inst	PROPN
cblr-1213	841	7	,	,	PUNCT
cblr-1213	841	8	ici	ici	PROPN
cblr-1213	841	9	’s	’s	PART
cblr-1213	841	10	mission	mission	NOUN
cblr-1213	841	11	,	,	PUNCT
cblr-1213	841	12	https://www.ici.org/about_ici/mission	https://www.ici.org/about_ici/mission	X
cblr-1213	842	1	[	[	X
cblr-1213	842	2	perma.cc/bld5-npxf	perma.cc/bld5-npxf	X
cblr-1213	842	3	]	]	X
cblr-1213	842	4	(	(	PUNCT
cblr-1213	842	5	discussing	discuss	VERB
cblr-1213	842	6	ici	ici	NOUN
cblr-1213	842	7	history	history	NOUN
cblr-1213	842	8	further	far	ADV
cblr-1213	842	9	)	)	PUNCT
cblr-1213	842	10	.	.	PUNCT
cblr-1213	843	1	255	255	NUM
cblr-1213	843	2	inv	inv	PROPN
cblr-1213	843	3	.	.	PUNCT
cblr-1213	843	4	co.	co.	PROPN
cblr-1213	843	5	inst	inst	PROPN
cblr-1213	843	6	.	.	PUNCT
cblr-1213	843	7	comment	comment	NOUN
cblr-1213	843	8	letter	letter	NOUN
cblr-1213	843	9	,	,	PUNCT
cblr-1213	843	10	supra	supra	PROPN
cblr-1213	843	11	note	note	NOUN
cblr-1213	843	12	9	9	NUM
cblr-1213	843	13	,	,	PUNCT
cblr-1213	843	14	at	at	ADP
cblr-1213	843	15	56	56	NUM
cblr-1213	843	16	.	.	PUNCT
cblr-1213	844	1	holly	holly	PROPN
cblr-1213	844	2	van	van	PROPN
cblr-1213	844	3	den	den	PROPN
cblr-1213	844	4	toorn	toorn	PROPN
cblr-1213	844	5	notes	note	VERB
cblr-1213	844	6	her	her	PRON
cblr-1213	844	7	conversations	conversation	NOUN
cblr-1213	844	8	with	with	ADP
cblr-1213	844	9	traders	trader	NOUN
cblr-1213	844	10	discussing	discuss	VERB
cblr-1213	844	11	the	the	DET
cblr-1213	844	12	arbitrage	arbitrage	NOUN
cblr-1213	844	13	possibilities	possibility	NOUN
cblr-1213	844	14	that	that	PRON
cblr-1213	844	15	exist	exist	VERB
cblr-1213	844	16	if	if	SCONJ
cblr-1213	844	17	a	a	DET
cblr-1213	844	18	trader	trader	NOUN
cblr-1213	844	19	thinks	think	VERB
cblr-1213	844	20	that	that	SCONJ
cblr-1213	844	21	a	a	DET
cblr-1213	844	22	fund	fund	NOUN
cblr-1213	844	23	’s	’s	PART
cblr-1213	844	24	price	price	NOUN
cblr-1213	844	25	will	will	AUX
cblr-1213	844	26	be	be	AUX
cblr-1213	844	27	swung	swing	VERB
cblr-1213	844	28	.	.	PUNCT
cblr-1213	845	1	256	256	NUM
cblr-1213	845	2	alfi	alfi	NOUN
cblr-1213	845	3	2015	2015	NUM
cblr-1213	845	4	survey	survey	NOUN
cblr-1213	845	5	,	,	PUNCT
cblr-1213	845	6	supra	supra	PROPN
cblr-1213	845	7	note	note	NOUN
cblr-1213	845	8	58	58	NUM
cblr-1213	845	9	,	,	PUNCT
cblr-1213	845	10	at	at	ADP
cblr-1213	845	11	12	12	NUM
cblr-1213	845	12	.	.	PUNCT
cblr-1213	845	13	257	257	NUM
cblr-1213	846	1	i	i	PRON
cblr-1213	846	2	d.	d.	PROPN
cblr-1213	846	3	258	258	NUM
cblr-1213	846	4	inv	inv	PROPN
cblr-1213	846	5	.	.	PUNCT
cblr-1213	846	6	co.	co.	PROPN
cblr-1213	846	7	inst	inst	PROPN
cblr-1213	846	8	.	.	PUNCT
cblr-1213	846	9	comment	comment	NOUN
cblr-1213	846	10	letter	letter	NOUN
cblr-1213	846	11	,	,	PUNCT
cblr-1213	846	12	supra	supra	PROPN
cblr-1213	846	13	note	note	NOUN
cblr-1213	846	14	9	9	NUM
cblr-1213	846	15	,	,	PUNCT
cblr-1213	846	16	at	at	ADP
cblr-1213	846	17	56	56	NUM
cblr-1213	846	18	.	.	PUNCT
cblr-1213	847	1	see	see	VERB
cblr-1213	847	2	also	also	ADV
cblr-1213	847	3	final	final	ADJ
cblr-1213	847	4	rules	rule	NOUN
cblr-1213	847	5	,	,	PUNCT
cblr-1213	847	6	supra	supra	PROPN
cblr-1213	847	7	note	note	NOUN
cblr-1213	847	8	4	4	NUM
cblr-1213	847	9	,	,	PUNCT
cblr-1213	847	10	at	at	ADP
cblr-1213	847	11	82102	82102	NUM
cblr-1213	847	12	n.206	n.206	NOUN
cblr-1213	847	13	(	(	PUNCT
cblr-1213	847	14	discussing	discuss	VERB
cblr-1213	847	15	the	the	DET
cblr-1213	847	16	advance	advance	NOUN
cblr-1213	847	17	notice	notice	NOUN
cblr-1213	847	18	of	of	ADP
cblr-1213	847	19	large	large	ADJ
cblr-1213	847	20	trades	trade	NOUN
cblr-1213	847	21	negotiated	negotiate	VERB
cblr-1213	847	22	by	by	ADP
cblr-1213	847	23	large	large	ADJ
cblr-1213	847	24	fund	fund	NOUN
cblr-1213	847	25	complexes	complex	NOUN
cblr-1213	847	26	with	with	ADP
cblr-1213	847	27	their	their	PRON
cblr-1213	847	28	intermediaries	intermediary	NOUN
cblr-1213	847	29	as	as	ADP
cblr-1213	847	30	a	a	DET
cblr-1213	847	31	way	way	NOUN
cblr-1213	847	32	to	to	PART
cblr-1213	847	33	avoid	avoid	VERB
cblr-1213	847	34	in	in	ADP
cblr-1213	847	35	-	-	PUNCT
cblr-1213	847	36	kind	kind	NOUN
cblr-1213	847	37	redemptions	redemption	NOUN
cblr-1213	847	38	)	)	PUNCT
cblr-1213	847	39	.	.	PUNCT
cblr-1213	848	1	259	259	NUM
cblr-1213	848	2	inv	inv	PROPN
cblr-1213	848	3	.	.	PUNCT
cblr-1213	848	4	co.	co.	PROPN
cblr-1213	848	5	inst	inst	PROPN
cblr-1213	848	6	.	.	PUNCT
cblr-1213	848	7	comment	comment	NOUN
cblr-1213	848	8	letter	letter	NOUN
cblr-1213	848	9	,	,	PUNCT
cblr-1213	848	10	supra	supra	PROPN
cblr-1213	848	11	note	note	NOUN
cblr-1213	848	12	9	9	NUM
cblr-1213	848	13	,	,	PUNCT
cblr-1213	848	14	at	at	ADP
cblr-1213	848	15	a-11	a-11	PROPN
cblr-1213	848	16	.	.	PUNCT
cblr-1213	849	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	850	1	no	no	INTJ
cblr-1213	850	2	.	.	PUNCT
cblr-1213	851	1	1:130	1:130	NUM
cblr-1213	851	2	]	]	X
cblr-1213	851	3	will	will	AUX
cblr-1213	851	4	swing	swing	VERB
cblr-1213	851	5	pricing	pricing	NOUN
cblr-1213	851	6	save	save	VERB
cblr-1213	851	7	sedentary	sedentary	ADJ
cblr-1213	851	8	shareholders	shareholder	NOUN
cblr-1213	851	9	?	?	PUNCT
cblr-1213	852	1	187	187	NUM
cblr-1213	852	2	an	an	DET
cblr-1213	852	3	investment	investment	NOUN
cblr-1213	852	4	model	model	NOUN
cblr-1213	852	5	,	,	PUNCT
cblr-1213	852	6	401(k	401(k	NOUN
cblr-1213	852	7	)	)	PUNCT
cblr-1213	852	8	plan	plan	NOUN
cblr-1213	852	9	options	option	NOUN
cblr-1213	852	10	,	,	PUNCT
cblr-1213	852	11	or	or	CCONJ
cblr-1213	852	12	the	the	DET
cblr-1213	852	13	intermediary	intermediary	NOUN
cblr-1213	852	14	’s	’s	PART
cblr-1213	852	15	platform	platform	NOUN
cblr-1213	852	16	of	of	ADP
cblr-1213	852	17	funds	fund	NOUN
cblr-1213	852	18	available	available	ADJ
cblr-1213	852	19	to	to	ADP
cblr-1213	852	20	its	its	PRON
cblr-1213	852	21	customers.260	customers.260	NOUN
cblr-1213	852	22	funds	fund	NOUN
cblr-1213	852	23	are	be	AUX
cblr-1213	852	24	required	require	VERB
cblr-1213	852	25	to	to	PART
cblr-1213	852	26	disclose	disclose	VERB
cblr-1213	852	27	swing	swing	NOUN
cblr-1213	852	28	pricing	pricing	NOUN
cblr-1213	852	29	practices	practice	NOUN
cblr-1213	852	30	in	in	ADP
cblr-1213	852	31	the	the	DET
cblr-1213	852	32	prospectus	prospectus	NOUN
cblr-1213	852	33	,	,	PUNCT
cblr-1213	852	34	thus	thus	ADV
cblr-1213	852	35	cueing	cue	VERB
cblr-1213	852	36	investors	investor	NOUN
cblr-1213	852	37	in	in	ADP
cblr-1213	852	38	to	to	ADP
cblr-1213	852	39	how	how	SCONJ
cblr-1213	852	40	their	their	PRON
cblr-1213	852	41	large	large	ADJ
cblr-1213	852	42	transactions	transaction	NOUN
cblr-1213	852	43	maybe	maybe	ADV
cblr-1213	852	44	be	be	AUX
cblr-1213	852	45	affected	affect	VERB
cblr-1213	852	46	by	by	ADP
cblr-1213	852	47	a	a	DET
cblr-1213	852	48	swung	swung	ADJ
cblr-1213	852	49	nav.261	nav.261	NOUN
cblr-1213	852	50	wanting	want	VERB
cblr-1213	852	51	to	to	PART
cblr-1213	852	52	avoid	avoid	VERB
cblr-1213	852	53	this	this	DET
cblr-1213	852	54	effect	effect	NOUN
cblr-1213	852	55	,	,	PUNCT
cblr-1213	852	56	large	large	ADJ
cblr-1213	852	57	institutional	institutional	ADJ
cblr-1213	852	58	shareholders	shareholder	NOUN
cblr-1213	852	59	may	may	AUX
cblr-1213	852	60	alter	alter	VERB
cblr-1213	852	61	its	its	PRON
cblr-1213	852	62	courtesy	courtesy	NOUN
cblr-1213	852	63	disclosure	disclosure	NOUN
cblr-1213	852	64	practice	practice	NOUN
cblr-1213	852	65	to	to	PART
cblr-1213	852	66	circumvent	circumvent	VERB
cblr-1213	852	67	a	a	DET
cblr-1213	852	68	fund	fund	NOUN
cblr-1213	852	69	from	from	ADP
cblr-1213	852	70	triggering	trigger	VERB
cblr-1213	852	71	swing	swing	NOUN
cblr-1213	852	72	pricing	pricing	NOUN
cblr-1213	852	73	on	on	ADP
cblr-1213	852	74	anticipated	anticipate	VERB
cblr-1213	852	75	trading	trading	NOUN
cblr-1213	852	76	volume	volume	NOUN
cblr-1213	852	77	,	,	PUNCT
cblr-1213	852	78	when	when	SCONJ
cblr-1213	852	79	a	a	DET
cblr-1213	852	80	day	day	NOUN
cblr-1213	852	81	’s	’s	PART
cblr-1213	852	82	trading	trading	NOUN
cblr-1213	852	83	volume	volume	NOUN
cblr-1213	852	84	is	be	AUX
cblr-1213	852	85	high	high	ADJ
cblr-1213	852	86	,	,	PUNCT
cblr-1213	852	87	but	but	CCONJ
cblr-1213	852	88	not	not	PART
cblr-1213	852	89	yet	yet	ADV
cblr-1213	852	90	over	over	ADP
cblr-1213	852	91	the	the	DET
cblr-1213	852	92	swing	swing	NOUN
cblr-1213	852	93	threshold	threshold	NOUN
cblr-1213	852	94	.	.	PUNCT
cblr-1213	853	1	as	as	ADP
cblr-1213	853	2	an	an	DET
cblr-1213	853	3	example	example	NOUN
cblr-1213	853	4	,	,	PUNCT
cblr-1213	853	5	a	a	DET
cblr-1213	853	6	large	large	ADJ
cblr-1213	853	7	institutional	institutional	ADJ
cblr-1213	853	8	shareholder	shareholder	NOUN
cblr-1213	853	9	advises	advise	VERB
cblr-1213	853	10	a	a	DET
cblr-1213	853	11	fund	fund	NOUN
cblr-1213	853	12	that	that	PRON
cblr-1213	853	13	it	it	PRON
cblr-1213	853	14	intends	intend	VERB
cblr-1213	853	15	to	to	PART
cblr-1213	853	16	redeem	redeem	VERB
cblr-1213	853	17	$	$	SYM
cblr-1213	853	18	10	10	NUM
cblr-1213	853	19	million	million	NUM
cblr-1213	853	20	from	from	ADP
cblr-1213	853	21	the	the	DET
cblr-1213	853	22	fund	fund	NOUN
cblr-1213	853	23	two	two	NUM
cblr-1213	853	24	weeks	week	NOUN
cblr-1213	853	25	in	in	ADP
cblr-1213	853	26	advance	advance	NOUN
cblr-1213	853	27	of	of	ADP
cblr-1213	853	28	the	the	DET
cblr-1213	853	29	trade	trade	NOUN
cblr-1213	853	30	.	.	PUNCT
cblr-1213	854	1	such	such	DET
cblr-1213	854	2	a	a	DET
cblr-1213	854	3	redemption	redemption	NOUN
cblr-1213	854	4	would	would	AUX
cblr-1213	854	5	trigger	trigger	VERB
cblr-1213	854	6	the	the	DET
cblr-1213	854	7	fund	fund	NOUN
cblr-1213	854	8	’s	’s	PART
cblr-1213	854	9	swing	swing	NOUN
cblr-1213	854	10	threshold	threshold	NOUN
cblr-1213	854	11	.	.	PUNCT
cblr-1213	855	1	notice	notice	NOUN
cblr-1213	855	2	allows	allow	VERB
cblr-1213	855	3	the	the	DET
cblr-1213	855	4	fund	fund	NOUN
cblr-1213	855	5	’s	’s	PART
cblr-1213	855	6	portfolio	portfolio	NOUN
cblr-1213	855	7	managers	manager	NOUN
cblr-1213	855	8	and	and	CCONJ
cblr-1213	855	9	traders	trader	NOUN
cblr-1213	855	10	to	to	PART
cblr-1213	855	11	assess	assess	VERB
cblr-1213	855	12	carefully	carefully	ADV
cblr-1213	855	13	the	the	DET
cblr-1213	855	14	potential	potential	ADJ
cblr-1213	855	15	transaction	transaction	NOUN
cblr-1213	855	16	and	and	CCONJ
cblr-1213	855	17	market	market	NOUN
cblr-1213	855	18	impact	impact	NOUN
cblr-1213	855	19	costs	cost	NOUN
cblr-1213	855	20	in	in	ADP
cblr-1213	855	21	the	the	DET
cblr-1213	855	22	days	day	NOUN
cblr-1213	855	23	leading	lead	VERB
cblr-1213	855	24	up	up	ADP
cblr-1213	855	25	to	to	ADP
cblr-1213	855	26	the	the	DET
cblr-1213	855	27	redemption	redemption	NOUN
cblr-1213	855	28	.	.	PUNCT
cblr-1213	856	1	on	on	ADP
cblr-1213	856	2	the	the	DET
cblr-1213	856	3	day	day	NOUN
cblr-1213	856	4	that	that	SCONJ
cblr-1213	856	5	a	a	DET
cblr-1213	856	6	shareholder	shareholder	NOUN
cblr-1213	856	7	places	place	VERB
cblr-1213	856	8	a	a	DET
cblr-1213	856	9	$	$	SYM
cblr-1213	856	10	10	10	NUM
cblr-1213	856	11	million	million	NUM
cblr-1213	856	12	redemption	redemption	NOUN
cblr-1213	856	13	order	order	NOUN
cblr-1213	856	14	,	,	PUNCT
cblr-1213	856	15	the	the	DET
cblr-1213	856	16	fund	fund	NOUN
cblr-1213	856	17	adjusts	adjust	VERB
cblr-1213	856	18	the	the	DET
cblr-1213	856	19	nav	nav	NOUN
cblr-1213	856	20	to	to	PART
cblr-1213	856	21	impose	impose	VERB
cblr-1213	856	22	a	a	DET
cblr-1213	856	23	fair	fair	ADJ
cblr-1213	856	24	representation	representation	NOUN
cblr-1213	856	25	of	of	ADP
cblr-1213	856	26	costs	cost	NOUN
cblr-1213	856	27	to	to	ADP
cblr-1213	856	28	the	the	DET
cblr-1213	856	29	redeeming	redeem	VERB
cblr-1213	856	30	institutional	institutional	ADJ
cblr-1213	856	31	shareholder	shareholder	NOUN
cblr-1213	856	32	,	,	PUNCT
cblr-1213	856	33	protecting	protect	VERB
cblr-1213	856	34	the	the	DET
cblr-1213	856	35	remaining	remain	VERB
cblr-1213	856	36	shareholders	shareholder	NOUN
cblr-1213	856	37	from	from	ADP
cblr-1213	856	38	dilution	dilution	NOUN
cblr-1213	856	39	.	.	PUNCT
cblr-1213	857	1	under	under	ADP
cblr-1213	857	2	current	current	ADJ
cblr-1213	857	3	mutual	mutual	ADJ
cblr-1213	857	4	fund	fund	NOUN
cblr-1213	857	5	operations	operation	NOUN
cblr-1213	857	6	timing	timing	NOUN
cblr-1213	857	7	,	,	PUNCT
cblr-1213	857	8	a	a	DET
cblr-1213	857	9	fund	fund	NOUN
cblr-1213	857	10	may	may	AUX
cblr-1213	857	11	swing	swing	VERB
cblr-1213	857	12	the	the	DET
cblr-1213	857	13	nav	nav	NOUN
cblr-1213	857	14	without	without	ADP
cblr-1213	857	15	complete	complete	ADJ
cblr-1213	857	16	trading	trading	NOUN
cblr-1213	857	17	information	information	NOUN
cblr-1213	857	18	.	.	PUNCT
cblr-1213	858	1	in	in	ADP
cblr-1213	858	2	such	such	DET
cblr-1213	858	3	a	a	DET
cblr-1213	858	4	scenario	scenario	NOUN
cblr-1213	858	5	,	,	PUNCT
cblr-1213	858	6	advance	advance	NOUN
cblr-1213	858	7	notice	notice	NOUN
cblr-1213	858	8	to	to	ADP
cblr-1213	858	9	the	the	DET
cblr-1213	858	10	fund	fund	NOUN
cblr-1213	858	11	may	may	AUX
cblr-1213	858	12	make	make	VERB
cblr-1213	858	13	it	it	PRON
cblr-1213	858	14	more	more	ADV
cblr-1213	858	15	likely	likely	ADJ
cblr-1213	858	16	that	that	SCONJ
cblr-1213	858	17	a	a	DET
cblr-1213	858	18	fund	fund	NOUN
cblr-1213	858	19	will	will	AUX
cblr-1213	858	20	deem	deem	VERB
cblr-1213	858	21	the	the	DET
cblr-1213	858	22	swing	swing	NOUN
cblr-1213	858	23	threshold	threshold	NOUN
cblr-1213	858	24	met	meet	VERB
cblr-1213	858	25	and	and	CCONJ
cblr-1213	858	26	adjust	adjust	VERB
cblr-1213	858	27	the	the	DET
cblr-1213	858	28	nav	nav	NOUN
cblr-1213	858	29	.	.	PUNCT
cblr-1213	859	1	an	an	DET
cblr-1213	859	2	institutional	institutional	ADJ
cblr-1213	859	3	shareholder	shareholder	NOUN
cblr-1213	859	4	looking	look	VERB
cblr-1213	859	5	to	to	PART
cblr-1213	859	6	game	game	VERB
cblr-1213	859	7	the	the	DET
cblr-1213	859	8	system	system	NOUN
cblr-1213	859	9	and	and	CCONJ
cblr-1213	859	10	avoid	avoid	VERB
cblr-1213	859	11	the	the	DET
cblr-1213	859	12	allocation	allocation	NOUN
cblr-1213	859	13	of	of	ADP
cblr-1213	859	14	transaction	transaction	NOUN
cblr-1213	859	15	costs	cost	NOUN
cblr-1213	859	16	may	may	AUX
cblr-1213	859	17	choose	choose	VERB
cblr-1213	859	18	not	not	PART
cblr-1213	859	19	to	to	PART
cblr-1213	859	20	provide	provide	VERB
cblr-1213	859	21	advance	advance	NOUN
cblr-1213	859	22	notice.262	notice.262	PRON
cblr-1213	859	23	260	260	NUM
cblr-1213	860	1	i	i	PRON
cblr-1213	860	2	d.	d.	NOUN
cblr-1213	860	3	261	261	NUM
cblr-1213	860	4	final	final	ADJ
cblr-1213	860	5	rules	rule	NOUN
cblr-1213	860	6	supra	supra	PROPN
cblr-1213	860	7	note	note	PROPN
cblr-1213	860	8	4	4	NUM
cblr-1213	860	9	,	,	PUNCT
cblr-1213	860	10	at	at	ADP
cblr-1213	860	11	82107	82107	NUM
cblr-1213	860	12	(	(	PUNCT
cblr-1213	860	13	stating	state	VERB
cblr-1213	860	14	disclosure	disclosure	NOUN
cblr-1213	860	15	requirements	requirement	NOUN
cblr-1213	860	16	)	)	PUNCT
cblr-1213	860	17	.	.	PUNCT
cblr-1213	861	1	262	262	NUM
cblr-1213	861	2	an	an	DET
cblr-1213	861	3	intermediary	intermediary	NOUN
cblr-1213	861	4	may	may	AUX
cblr-1213	861	5	feel	feel	VERB
cblr-1213	861	6	compelled	compel	VERB
cblr-1213	861	7	to	to	PART
cblr-1213	861	8	consider	consider	VERB
cblr-1213	861	9	its	its	PRON
cblr-1213	861	10	clients	client	NOUN
cblr-1213	861	11	’	'	PUNCT
cblr-1213	861	12	“	"	PUNCT
cblr-1213	861	13	best	good	ADJ
cblr-1213	861	14	interests	interest	NOUN
cblr-1213	861	15	”	"	PUNCT
cblr-1213	861	16	and	and	CCONJ
cblr-1213	861	17	may	may	AUX
cblr-1213	861	18	avoid	avoid	VERB
cblr-1213	861	19	presenting	present	VERB
cblr-1213	861	20	the	the	DET
cblr-1213	861	21	fund	fund	NOUN
cblr-1213	861	22	with	with	ADP
cblr-1213	861	23	enough	enough	ADJ
cblr-1213	861	24	information	information	NOUN
cblr-1213	861	25	and	and	CCONJ
cblr-1213	861	26	time	time	NOUN
cblr-1213	861	27	to	to	PART
cblr-1213	861	28	calculate	calculate	VERB
cblr-1213	861	29	properly	properly	ADV
cblr-1213	861	30	the	the	DET
cblr-1213	861	31	swing	swing	NOUN
cblr-1213	861	32	factor	factor	NOUN
cblr-1213	861	33	in	in	ADP
cblr-1213	861	34	hopes	hope	NOUN
cblr-1213	861	35	that	that	SCONJ
cblr-1213	861	36	the	the	DET
cblr-1213	861	37	fund	fund	NOUN
cblr-1213	861	38	can	can	AUX
cblr-1213	861	39	not	not	PART
cblr-1213	861	40	accurately	accurately	ADV
cblr-1213	861	41	estimate	estimate	VERB
cblr-1213	861	42	transaction	transaction	NOUN
cblr-1213	861	43	and	and	CCONJ
cblr-1213	861	44	market	market	NOUN
cblr-1213	861	45	impact	impact	NOUN
cblr-1213	861	46	costs	cost	NOUN
cblr-1213	861	47	in	in	ADP
cblr-1213	861	48	its	its	PRON
cblr-1213	861	49	favor	favor	NOUN
cblr-1213	861	50	.	.	PUNCT
cblr-1213	862	1	holly	holly	PROPN
cblr-1213	862	2	van	van	PROPN
cblr-1213	862	3	den	den	PROPN
cblr-1213	862	4	toorn	toorn	PROPN
cblr-1213	862	5	noted	note	VERB
cblr-1213	862	6	the	the	DET
cblr-1213	862	7	general	general	ADJ
cblr-1213	862	8	confusion	confusion	NOUN
cblr-1213	862	9	and	and	CCONJ
cblr-1213	862	10	concern	concern	NOUN
cblr-1213	862	11	regarding	regard	VERB
cblr-1213	862	12	the	the	DET
cblr-1213	862	13	extent	extent	NOUN
cblr-1213	862	14	of	of	ADP
cblr-1213	862	15	the	the	DET
cblr-1213	862	16	new	new	ADJ
cblr-1213	862	17	fiduciary	fiduciary	ADJ
cblr-1213	862	18	duty	duty	NOUN
cblr-1213	862	19	standards	standard	NOUN
cblr-1213	862	20	and	and	CCONJ
cblr-1213	862	21	whether	whether	SCONJ
cblr-1213	862	22	the	the	DET
cblr-1213	862	23	new	new	ADJ
cblr-1213	862	24	standard	standard	NOUN
cblr-1213	862	25	would	would	AUX
cblr-1213	862	26	impose	impose	VERB
cblr-1213	862	27	a	a	DET
cblr-1213	862	28	theoretical	theoretical	ADJ
cblr-1213	862	29	obligation	obligation	NOUN
cblr-1213	862	30	on	on	ADP
cblr-1213	862	31	an	an	DET
cblr-1213	862	32	intermediary	intermediary	NOUN
cblr-1213	862	33	to	to	PART
cblr-1213	862	34	avoid	avoid	VERB
cblr-1213	862	35	triggering	trigger	VERB
cblr-1213	862	36	the	the	DET
cblr-1213	862	37	nav	nav	NOUN
cblr-1213	862	38	.	.	PUNCT
cblr-1213	863	1	see	see	VERB
cblr-1213	863	2	also	also	ADV
cblr-1213	863	3	retirement	retirement	VERB
cblr-1213	863	4	conflict	conflict	NOUN
cblr-1213	863	5	of	of	ADP
cblr-1213	863	6	interest	interest	NOUN
cblr-1213	863	7	final	final	ADJ
cblr-1213	863	8	rule	rule	NOUN
cblr-1213	863	9	,	,	PUNCT
cblr-1213	863	10	emp	emp	PROPN
cblr-1213	863	11	.	.	PUNCT
cblr-1213	864	1	benefit	benefit	PROPN
cblr-1213	864	2	sec	sec	PROPN
cblr-1213	864	3	.	.	PUNCT
cblr-1213	865	1	admin	admin	PROPN
cblr-1213	865	2	.	.	PROPN
cblr-1213	865	3	,	,	PUNCT
cblr-1213	865	4	https://www.dol.gov/agencies/ebsa/laws-and-regulations/rules-andregulations/completed-rulemaking/1210-ab32-2	https://www.dol.gov/agencies/ebsa/laws-and-regulations/rules-andregulations/completed-rulemaking/1210-ab32-2	VERB
cblr-1213	866	1	[	[	X
cblr-1213	866	2	perma.cc/p5dj-vrse	perma.cc/p5dj-vrse	X
cblr-1213	866	3	]	]	X
cblr-1213	866	4	(	(	PUNCT
cblr-1213	866	5	providing	provide	VERB
cblr-1213	866	6	information	information	NOUN
cblr-1213	866	7	on	on	ADP
cblr-1213	866	8	the	the	DET
cblr-1213	866	9	dept	dept	NOUN
cblr-1213	866	10	.	.	PROPN
cblr-1213	866	11	of	of	ADP
cblr-1213	866	12	labor	labor	NOUN
cblr-1213	866	13	’s	’s	PART
cblr-1213	866	14	fiduciary	fiduciary	ADJ
cblr-1213	866	15	duty	duty	NOUN
cblr-1213	866	16	rule	rule	NOUN
cblr-1213	866	17	,	,	PUNCT
cblr-1213	866	18	with	with	ADP
cblr-1213	866	19	an	an	DET
cblr-1213	866	20	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	866	21	188	188	NUM
cblr-1213	866	22	columbia	columbia	PROPN
cblr-1213	866	23	business	business	NOUN
cblr-1213	866	24	law	law	PROPN
cblr-1213	866	25	review	review	NOUN
cblr-1213	866	26	[	[	X
cblr-1213	866	27	vol	vol	NOUN
cblr-1213	866	28	.	.	NOUN
cblr-1213	866	29	2018	2018	NUM
cblr-1213	866	30	in	in	ADP
cblr-1213	866	31	a	a	DET
cblr-1213	866	32	paradoxical	paradoxical	ADJ
cblr-1213	866	33	situation	situation	NOUN
cblr-1213	866	34	,	,	PUNCT
cblr-1213	866	35	participating	participate	VERB
cblr-1213	866	36	funds	fund	NOUN
cblr-1213	866	37	may	may	AUX
cblr-1213	866	38	receive	receive	VERB
cblr-1213	866	39	less	less	ADJ
cblr-1213	866	40	advance	advance	NOUN
cblr-1213	866	41	notice	notice	NOUN
cblr-1213	866	42	of	of	ADP
cblr-1213	866	43	large	large	ADJ
cblr-1213	866	44	trades	trade	NOUN
cblr-1213	866	45	and	and	CCONJ
cblr-1213	866	46	thus	thus	ADV
cblr-1213	866	47	incur	incur	VERB
cblr-1213	866	48	more	more	ADJ
cblr-1213	866	49	market	market	NOUN
cblr-1213	866	50	impact	impact	NOUN
cblr-1213	866	51	costs	cost	NOUN
cblr-1213	866	52	in	in	ADP
cblr-1213	866	53	meeting	meet	VERB
cblr-1213	866	54	large	large	ADJ
cblr-1213	866	55	,	,	PUNCT
cblr-1213	866	56	and	and	CCONJ
cblr-1213	866	57	unpredictable	unpredictable	ADJ
cblr-1213	866	58	,	,	PUNCT
cblr-1213	866	59	redemption	redemption	NOUN
cblr-1213	866	60	demands	demand	NOUN
cblr-1213	866	61	.	.	PUNCT
cblr-1213	867	1	additionally	additionally	ADV
cblr-1213	867	2	,	,	PUNCT
cblr-1213	867	3	participating	participate	VERB
cblr-1213	867	4	funds	fund	NOUN
cblr-1213	867	5	may	may	AUX
cblr-1213	867	6	be	be	AUX
cblr-1213	867	7	forced	force	VERB
cblr-1213	867	8	—	—	PUNCT
cblr-1213	867	9	in	in	ADP
cblr-1213	867	10	the	the	DET
cblr-1213	867	11	absence	absence	NOUN
cblr-1213	867	12	of	of	ADP
cblr-1213	867	13	advance	advance	NOUN
cblr-1213	867	14	notice	notice	NOUN
cblr-1213	867	15	—	—	PUNCT
cblr-1213	867	16	to	to	PART
cblr-1213	867	17	account	account	VERB
cblr-1213	867	18	for	for	ADP
cblr-1213	867	19	transaction	transaction	NOUN
cblr-1213	867	20	costs	cost	NOUN
cblr-1213	867	21	in	in	ADP
cblr-1213	867	22	an	an	DET
cblr-1213	867	23	“	"	PUNCT
cblr-1213	867	24	imprecise	imprecise	ADJ
cblr-1213	867	25	”	"	PUNCT
cblr-1213	867	26	manner.263	manner.263	ADJ
cblr-1213	867	27	lack	lack	NOUN
cblr-1213	867	28	of	of	ADP
cblr-1213	867	29	proper	proper	ADJ
cblr-1213	867	30	notice	notice	NOUN
cblr-1213	867	31	and	and	CCONJ
cblr-1213	867	32	operational	operational	ADJ
cblr-1213	867	33	challenges	challenge	NOUN
cblr-1213	867	34	to	to	ADP
cblr-1213	867	35	receiving	receive	VERB
cblr-1213	867	36	accurate	accurate	ADJ
cblr-1213	867	37	flow	flow	NOUN
cblr-1213	867	38	of	of	ADP
cblr-1213	867	39	information	information	NOUN
cblr-1213	867	40	increase	increase	VERB
cblr-1213	867	41	the	the	DET
cblr-1213	867	42	likelihood	likelihood	NOUN
cblr-1213	867	43	that	that	SCONJ
cblr-1213	867	44	a	a	DET
cblr-1213	867	45	fund	fund	NOUN
cblr-1213	867	46	will	will	AUX
cblr-1213	867	47	underor	underor	VERB
cblr-1213	867	48	over	over	ADP
cblr-1213	867	49	-	-	PUNCT
cblr-1213	867	50	estimate	estimate	NOUN
cblr-1213	867	51	the	the	DET
cblr-1213	867	52	swing	swing	NOUN
cblr-1213	867	53	factor	factor	NOUN
cblr-1213	867	54	and	and	CCONJ
cblr-1213	867	55	adjust	adjust	VERB
cblr-1213	867	56	the	the	DET
cblr-1213	867	57	nav	nav	NOUN
cblr-1213	867	58	improperly	improperly	ADV
cblr-1213	867	59	,	,	PUNCT
cblr-1213	867	60	exposing	expose	VERB
cblr-1213	867	61	remaining	remain	VERB
cblr-1213	867	62	shareholders	shareholder	NOUN
cblr-1213	867	63	to	to	ADP
cblr-1213	867	64	dilution	dilution	NOUN
cblr-1213	867	65	—	—	PUNCT
cblr-1213	867	66	at	at	ADP
cblr-1213	867	67	least	least	ADJ
cblr-1213	867	68	at	at	ADP
cblr-1213	867	69	the	the	DET
cblr-1213	867	70	beginning	beginning	NOUN
cblr-1213	867	71	.	.	PUNCT
cblr-1213	868	1	there	there	PRON
cblr-1213	868	2	is	be	VERB
cblr-1213	868	3	an	an	DET
cblr-1213	868	4	important	important	ADJ
cblr-1213	868	5	counter	counter	NOUN
cblr-1213	868	6	-	-	NOUN
cblr-1213	868	7	argument	argument	NOUN
cblr-1213	868	8	that	that	SCONJ
cblr-1213	868	9	bears	bears	AUX
cblr-1213	868	10	noting	note	VERB
cblr-1213	868	11	here	here	ADV
cblr-1213	868	12	.	.	PUNCT
cblr-1213	869	1	if	if	SCONJ
cblr-1213	869	2	swing	swing	NOUN
cblr-1213	869	3	pricing	pricing	NOUN
cblr-1213	869	4	ultimately	ultimately	ADV
cblr-1213	869	5	improves	improve	VERB
cblr-1213	869	6	fund	fund	NOUN
cblr-1213	869	7	performance	performance	NOUN
cblr-1213	869	8	by	by	ADP
cblr-1213	869	9	removing	remove	VERB
cblr-1213	869	10	the	the	DET
cblr-1213	869	11	performance	performance	NOUN
cblr-1213	869	12	drag	drag	NOUN
cblr-1213	869	13	of	of	ADP
cblr-1213	869	14	dilution	dilution	NOUN
cblr-1213	869	15	from	from	ADP
cblr-1213	869	16	reported	report	VERB
cblr-1213	869	17	returns	return	NOUN
cblr-1213	869	18	,	,	PUNCT
cblr-1213	869	19	larger	large	ADJ
cblr-1213	869	20	reported	report	VERB
cblr-1213	869	21	investment	investment	NOUN
cblr-1213	869	22	returns	return	NOUN
cblr-1213	869	23	should	should	AUX
cblr-1213	869	24	incentivize	incentivize	VERB
cblr-1213	869	25	advance	advance	NOUN
cblr-1213	869	26	notice	notice	NOUN
cblr-1213	869	27	to	to	ADP
cblr-1213	869	28	funds	fund	NOUN
cblr-1213	869	29	in	in	ADP
cblr-1213	869	30	the	the	DET
cblr-1213	869	31	long	long	ADV
cblr-1213	869	32	-	-	PUNCT
cblr-1213	869	33	run	run	NOUN
cblr-1213	869	34	.	.	PUNCT
cblr-1213	870	1	b.	b.	PROPN
cblr-1213	870	2	imperfect	imperfect	PROPN
cblr-1213	870	3	equalization	equalization	NOUN
cblr-1213	870	4	the	the	DET
cblr-1213	870	5	swing	swing	NOUN
cblr-1213	870	6	pricing	pricing	NOUN
cblr-1213	870	7	rules	rule	NOUN
cblr-1213	870	8	treat	treat	VERB
cblr-1213	870	9	all	all	DET
cblr-1213	870	10	active	active	ADJ
cblr-1213	870	11	shareholders	shareholder	NOUN
cblr-1213	870	12	the	the	DET
cblr-1213	870	13	same	same	ADJ
cblr-1213	870	14	—	—	PUNCT
cblr-1213	870	15	meaning	mean	VERB
cblr-1213	870	16	that	that	SCONJ
cblr-1213	870	17	regardless	regardless	ADV
cblr-1213	870	18	of	of	ADP
cblr-1213	870	19	the	the	DET
cblr-1213	870	20	shareholder	shareholder	NOUN
cblr-1213	870	21	’s	’s	PART
cblr-1213	870	22	order	order	NOUN
cblr-1213	870	23	size	size	NOUN
cblr-1213	870	24	,	,	PUNCT
cblr-1213	870	25	a	a	DET
cblr-1213	870	26	fund	fund	NOUN
cblr-1213	870	27	applies	apply	VERB
cblr-1213	870	28	the	the	DET
cblr-1213	870	29	same	same	ADJ
cblr-1213	870	30	swung	swing	VERB
cblr-1213	870	31	nav	nav	PROPN
cblr-1213	870	32	price.264	price.264	PROPN
cblr-1213	870	33	a	a	DET
cblr-1213	870	34	shareholder	shareholder	NOUN
cblr-1213	870	35	redeeming	redeem	VERB
cblr-1213	870	36	or	or	CCONJ
cblr-1213	870	37	purchasing	purchase	VERB
cblr-1213	870	38	a	a	DET
cblr-1213	870	39	relatively	relatively	ADV
cblr-1213	870	40	small	small	ADJ
cblr-1213	870	41	number	number	NOUN
cblr-1213	870	42	of	of	ADP
cblr-1213	870	43	mutual	mutual	ADJ
cblr-1213	870	44	fund	fund	NOUN
cblr-1213	870	45	shares	share	NOUN
cblr-1213	870	46	is	be	AUX
cblr-1213	870	47	paid	pay	VERB
cblr-1213	870	48	(	(	PUNCT
cblr-1213	870	49	or	or	CCONJ
cblr-1213	870	50	pay	pay	VERB
cblr-1213	870	51	)	)	PUNCT
cblr-1213	870	52	the	the	DET
cblr-1213	870	53	same	same	ADJ
cblr-1213	870	54	swung	swing	VERB
cblr-1213	870	55	nav	nav	PROPN
cblr-1213	870	56	as	as	ADP
cblr-1213	870	57	a	a	DET
cblr-1213	870	58	shareholder	shareholder	NOUN
cblr-1213	870	59	with	with	ADP
cblr-1213	870	60	a	a	DET
cblr-1213	870	61	large	large	ADJ
cblr-1213	870	62	order	order	NOUN
cblr-1213	870	63	.	.	PUNCT
cblr-1213	871	1	the	the	DET
cblr-1213	871	2	inequity	inequity	NOUN
cblr-1213	871	3	complaint	complaint	NOUN
cblr-1213	871	4	arises	arise	VERB
cblr-1213	871	5	because	because	SCONJ
cblr-1213	871	6	the	the	DET
cblr-1213	871	7	active	active	ADJ
cblr-1213	871	8	but	but	CCONJ
cblr-1213	871	9	small	small	ADJ
cblr-1213	871	10	order	order	NOUN
cblr-1213	871	11	shareholder	shareholder	NOUN
cblr-1213	871	12	is	be	AUX
cblr-1213	871	13	likely	likely	ADV
cblr-1213	871	14	subsidizing	subsidize	VERB
cblr-1213	871	15	some	some	PRON
cblr-1213	871	16	of	of	ADP
cblr-1213	871	17	the	the	DET
cblr-1213	871	18	transaction	transaction	NOUN
cblr-1213	871	19	costs	cost	NOUN
cblr-1213	871	20	generated	generate	VERB
cblr-1213	871	21	by	by	ADP
cblr-1213	871	22	the	the	DET
cblr-1213	871	23	active	active	ADJ
cblr-1213	871	24	and	and	CCONJ
cblr-1213	871	25	large	large	ADJ
cblr-1213	871	26	order	order	NOUN
cblr-1213	871	27	shareholder.265	shareholder.265	NOUN
cblr-1213	871	28	consider	consider	VERB
cblr-1213	871	29	,	,	PUNCT
cblr-1213	871	30	for	for	ADP
cblr-1213	871	31	example	example	NOUN
cblr-1213	871	32	,	,	PUNCT
cblr-1213	871	33	the	the	DET
cblr-1213	871	34	retirement	retirement	NOUN
cblr-1213	871	35	investor	investor	NOUN
cblr-1213	871	36	who	who	PRON
cblr-1213	871	37	is	be	AUX
cblr-1213	871	38	required	require	VERB
cblr-1213	871	39	,	,	PUNCT
cblr-1213	871	40	per	per	ADP
cblr-1213	871	41	irs	irs	PROPN
cblr-1213	871	42	regulations	regulation	NOUN
cblr-1213	871	43	,	,	PUNCT
cblr-1213	871	44	to	to	PART
cblr-1213	871	45	make	make	VERB
cblr-1213	871	46	annual	annual	ADJ
cblr-1213	871	47	minimum	minimum	ADJ
cblr-1213	871	48	distributions	distribution	NOUN
cblr-1213	871	49	beginning	begin	VERB
cblr-1213	871	50	at	at	ADP
cblr-1213	871	51	the	the	DET
cblr-1213	871	52	age	age	NOUN
cblr-1213	871	53	of	of	ADP
cblr-1213	871	54	effective	effective	ADJ
cblr-1213	871	55	date	date	NOUN
cblr-1213	871	56	of	of	ADP
cblr-1213	871	57	january	january	PROPN
cblr-1213	871	58	1	1	NUM
cblr-1213	871	59	,	,	PUNCT
cblr-1213	871	60	2018	2018	NUM
cblr-1213	871	61	;	;	PUNCT
cblr-1213	871	62	however	however	ADV
cblr-1213	871	63	,	,	PUNCT
cblr-1213	871	64	there	there	PRON
cblr-1213	871	65	is	be	VERB
cblr-1213	871	66	uncertainty	uncertainty	NOUN
cblr-1213	871	67	about	about	ADP
cblr-1213	871	68	implementation	implementation	NOUN
cblr-1213	871	69	due	due	ADP
cblr-1213	871	70	to	to	ADP
cblr-1213	871	71	a	a	DET
cblr-1213	871	72	february	february	NOUN
cblr-1213	871	73	3	3	NUM
cblr-1213	871	74	,	,	PUNCT
cblr-1213	871	75	2017	2017	NUM
cblr-1213	871	76	executive	executive	ADJ
cblr-1213	871	77	order	order	NOUN
cblr-1213	871	78	signed	sign	VERB
cblr-1213	871	79	by	by	ADP
cblr-1213	871	80	president	president	PROPN
cblr-1213	871	81	donald	donald	PROPN
cblr-1213	871	82	trump	trump	VERB
cblr-1213	871	83	ordering	order	VERB
cblr-1213	871	84	the	the	DET
cblr-1213	871	85	dol	dol	NOUN
cblr-1213	871	86	to	to	PART
cblr-1213	871	87	reexamine	reexamine	VERB
cblr-1213	871	88	the	the	DET
cblr-1213	871	89	rule	rule	NOUN
cblr-1213	871	90	)	)	PUNCT
cblr-1213	871	91	.	.	PUNCT
cblr-1213	872	1	see	see	VERB
cblr-1213	872	2	exec	exec	NOUN
cblr-1213	872	3	.	.	PUNCT
cblr-1213	873	1	order	order	NOUN
cblr-1213	873	2	no	no	INTJ
cblr-1213	874	1	.	.	NOUN
cblr-1213	874	2	13,772	13,772	NUM
cblr-1213	874	3	,	,	PUNCT
cblr-1213	874	4	82	82	NUM
cblr-1213	874	5	f.r	f.r	NOUN
cblr-1213	874	6	.	.	NOUN
cblr-1213	874	7	9965	9965	NUM
cblr-1213	874	8	(	(	PUNCT
cblr-1213	874	9	2017	2017	NUM
cblr-1213	874	10	)	)	PUNCT
cblr-1213	874	11	.	.	PUNCT
cblr-1213	875	1	263	263	NUM
cblr-1213	875	2	inv	inv	VERB
cblr-1213	875	3	.	.	PUNCT
cblr-1213	875	4	co.	co.	PROPN
cblr-1213	875	5	inst	inst	PROPN
cblr-1213	875	6	.	.	PUNCT
cblr-1213	875	7	comment	comment	NOUN
cblr-1213	875	8	letter	letter	NOUN
cblr-1213	875	9	,	,	PUNCT
cblr-1213	875	10	supra	supra	PROPN
cblr-1213	875	11	note	note	NOUN
cblr-1213	875	12	9	9	NUM
cblr-1213	875	13	,	,	PUNCT
cblr-1213	875	14	at	at	ADP
cblr-1213	875	15	57	57	NUM
cblr-1213	875	16	.	.	PUNCT
cblr-1213	875	17	264	264	NUM
cblr-1213	875	18	final	final	ADJ
cblr-1213	875	19	rules	rule	NOUN
cblr-1213	875	20	,	,	PUNCT
cblr-1213	875	21	supra	supra	PROPN
cblr-1213	875	22	note	note	NOUN
cblr-1213	875	23	4	4	NUM
cblr-1213	875	24	,	,	PUNCT
cblr-1213	875	25	at	at	ADP
cblr-1213	875	26	82094	82094	NUM
cblr-1213	875	27	(	(	PUNCT
cblr-1213	875	28	“	"	PUNCT
cblr-1213	875	29	[	[	X
cblr-1213	875	30	a]s	a]	VERB
cblr-1213	875	31	the	the	DET
cblr-1213	875	32	proposed	propose	VERB
cblr-1213	875	33	swing	swing	NOUN
cblr-1213	875	34	pricing	pricing	NOUN
cblr-1213	875	35	rules	rule	NOUN
cblr-1213	875	36	would	would	AUX
cblr-1213	875	37	apply	apply	VERB
cblr-1213	875	38	a	a	DET
cblr-1213	875	39	single	single	ADJ
cblr-1213	875	40	adjusted	adjust	VERB
cblr-1213	875	41	nav	nav	NOUN
cblr-1213	875	42	per	per	ADP
cblr-1213	875	43	share	share	NOUN
cblr-1213	875	44	to	to	ADP
cblr-1213	875	45	all	all	DET
cblr-1213	875	46	shareholder	shareholder	NOUN
cblr-1213	875	47	orders	order	NOUN
cblr-1213	875	48	,	,	PUNCT
cblr-1213	875	49	regardless	regardless	ADV
cblr-1213	875	50	of	of	ADP
cblr-1213	875	51	order	order	NOUN
cblr-1213	875	52	size	size	NOUN
cblr-1213	875	53	.	.	PUNCT
cblr-1213	875	54	”	"	PUNCT
cblr-1213	875	55	)	)	PUNCT
cblr-1213	875	56	.	.	PUNCT
cblr-1213	876	1	265	265	NUM
cblr-1213	877	1	i	i	PRON
cblr-1213	877	2	d.	d.	PROPN
cblr-1213	877	3	at	at	ADP
cblr-1213	877	4	82094	82094	NUM
cblr-1213	877	5	(	(	PUNCT
cblr-1213	877	6	“	"	PUNCT
cblr-1213	877	7	[	[	X
cblr-1213	877	8	s]wing	s]we	VERB
cblr-1213	877	9	pricing	pricing	NOUN
cblr-1213	877	10	could	could	AUX
cblr-1213	877	11	thus	thus	ADV
cblr-1213	877	12	penalize	penalize	VERB
cblr-1213	877	13	certain	certain	ADJ
cblr-1213	877	14	investors	investor	NOUN
cblr-1213	877	15	disproportionately	disproportionately	ADV
cblr-1213	877	16	or	or	CCONJ
cblr-1213	877	17	give	give	VERB
cblr-1213	877	18	other	other	ADJ
cblr-1213	877	19	investors	investor	NOUN
cblr-1213	877	20	inappropriate	inappropriate	ADJ
cblr-1213	877	21	‘	'	PUNCT
cblr-1213	877	22	‘	'	PUNCT
cblr-1213	877	23	windfalls	windfall	NOUN
cblr-1213	877	24	.	.	PUNCT
cblr-1213	877	25	’’	’'	PUNCT
cblr-1213	877	26	)	)	PUNCT
cblr-1213	877	27	.	.	PUNCT
cblr-1213	878	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	879	1	no	no	INTJ
cblr-1213	879	2	.	.	PUNCT
cblr-1213	880	1	1:130	1:130	NUM
cblr-1213	880	2	]	]	X
cblr-1213	880	3	will	will	AUX
cblr-1213	880	4	swing	swing	VERB
cblr-1213	880	5	pricing	pricing	NOUN
cblr-1213	880	6	save	save	VERB
cblr-1213	880	7	sedentary	sedentary	ADJ
cblr-1213	880	8	shareholders	shareholder	NOUN
cblr-1213	880	9	?	?	PUNCT
cblr-1213	881	1	189	189	NUM
cblr-1213	881	2	70	70	NUM
cblr-1213	881	3	½.266	½.266	NOUN
cblr-1213	881	4	for	for	ADP
cblr-1213	881	5	example	example	NOUN
cblr-1213	881	6	,	,	PUNCT
cblr-1213	881	7	if	if	SCONJ
cblr-1213	881	8	a	a	DET
cblr-1213	881	9	fund	fund	NOUN
cblr-1213	881	10	adjusted	adjust	VERB
cblr-1213	881	11	its	its	PRON
cblr-1213	881	12	nav	nav	NOUN
cblr-1213	881	13	by	by	ADP
cblr-1213	881	14	five	five	NUM
cblr-1213	881	15	basis	basis	NOUN
cblr-1213	881	16	points	point	NOUN
cblr-1213	881	17	to	to	PART
cblr-1213	881	18	reflect	reflect	VERB
cblr-1213	881	19	transaction	transaction	NOUN
cblr-1213	881	20	liquidity	liquidity	NOUN
cblr-1213	881	21	costs	cost	NOUN
cblr-1213	881	22	generated	generate	VERB
cblr-1213	881	23	by	by	ADP
cblr-1213	881	24	unusually	unusually	ADV
cblr-1213	881	25	large	large	ADJ
cblr-1213	881	26	trading	trading	NOUN
cblr-1213	881	27	that	that	DET
cblr-1213	881	28	day	day	NOUN
cblr-1213	881	29	,	,	PUNCT
cblr-1213	881	30	a	a	DET
cblr-1213	881	31	shareholder	shareholder	NOUN
cblr-1213	881	32	redeeming	redeem	VERB
cblr-1213	881	33	10	10	NUM
cblr-1213	881	34	shares	share	NOUN
cblr-1213	881	35	is	be	AUX
cblr-1213	881	36	paid	pay	VERB
cblr-1213	881	37	five	five	NUM
cblr-1213	881	38	basis	basis	NOUN
cblr-1213	881	39	points	point	NOUN
cblr-1213	881	40	less	less	ADJ
cblr-1213	881	41	per	per	ADP
cblr-1213	881	42	share	share	NOUN
cblr-1213	881	43	than	than	ADP
cblr-1213	881	44	a	a	DET
cblr-1213	881	45	shareholder	shareholder	NOUN
cblr-1213	881	46	redeeming	redeem	VERB
cblr-1213	881	47	10,000	10,000	NUM
cblr-1213	881	48	shares	share	NOUN
cblr-1213	881	49	,	,	PUNCT
cblr-1213	881	50	and	and	CCONJ
cblr-1213	881	51	who	who	PRON
cblr-1213	881	52	is	be	AUX
cblr-1213	881	53	also	also	ADV
cblr-1213	881	54	the	the	DET
cblr-1213	881	55	likely	likely	ADJ
cblr-1213	881	56	source	source	NOUN
cblr-1213	881	57	of	of	ADP
cblr-1213	881	58	the	the	DET
cblr-1213	881	59	high	high	ADJ
cblr-1213	881	60	liquidity	liquidity	NOUN
cblr-1213	881	61	transaction	transaction	NOUN
cblr-1213	881	62	costs.267	costs.267	ADP
cblr-1213	881	63	regulatory	regulatory	ADJ
cblr-1213	881	64	design	design	NOUN
cblr-1213	881	65	requires	require	VERB
cblr-1213	881	66	a	a	DET
cblr-1213	881	67	tradeoff	tradeoff	NOUN
cblr-1213	881	68	between	between	ADP
cblr-1213	881	69	accuracy	accuracy	NOUN
cblr-1213	881	70	and	and	CCONJ
cblr-1213	881	71	administrability	administrability	NOUN
cblr-1213	881	72	that	that	PRON
cblr-1213	881	73	is	be	AUX
cblr-1213	881	74	evident	evident	ADJ
cblr-1213	881	75	in	in	ADP
cblr-1213	881	76	the	the	DET
cblr-1213	881	77	swing	swing	NOUN
cblr-1213	881	78	pricing	pricing	NOUN
cblr-1213	881	79	rules	rule	NOUN
cblr-1213	881	80	.	.	PUNCT
cblr-1213	882	1	there	there	PRON
cblr-1213	882	2	is	be	VERB
cblr-1213	882	3	indeed	indeed	ADV
cblr-1213	882	4	the	the	DET
cblr-1213	882	5	potential	potential	NOUN
cblr-1213	882	6	for	for	ADP
cblr-1213	882	7	some	some	DET
cblr-1213	882	8	imperfect	imperfect	ADJ
cblr-1213	882	9	cost	cost	NOUN
cblr-1213	882	10	allocation	allocation	NOUN
cblr-1213	882	11	between	between	ADP
cblr-1213	882	12	active	active	ADJ
cblr-1213	882	13	shareholders	shareholder	NOUN
cblr-1213	882	14	under	under	ADP
cblr-1213	882	15	the	the	DET
cblr-1213	882	16	rules	rule	NOUN
cblr-1213	882	17	,	,	PUNCT
cblr-1213	882	18	but	but	CCONJ
cblr-1213	882	19	it	it	PRON
cblr-1213	882	20	is	be	AUX
cblr-1213	882	21	a	a	DET
cblr-1213	882	22	more	more	ADV
cblr-1213	882	23	accurate	accurate	ADJ
cblr-1213	882	24	allocation	allocation	NOUN
cblr-1213	882	25	than	than	ADP
cblr-1213	882	26	between	between	ADP
cblr-1213	882	27	active	active	ADJ
cblr-1213	882	28	and	and	CCONJ
cblr-1213	882	29	sedentary	sedentary	ADJ
cblr-1213	882	30	,	,	PUNCT
cblr-1213	882	31	or	or	CCONJ
cblr-1213	882	32	long	long	ADJ
cblr-1213	882	33	-	-	PUNCT
cblr-1213	882	34	term	term	NOUN
cblr-1213	882	35	,	,	PUNCT
cblr-1213	882	36	shareholders	shareholder	NOUN
cblr-1213	882	37	.	.	PUNCT
cblr-1213	883	1	additionally	additionally	ADV
cblr-1213	883	2	,	,	PUNCT
cblr-1213	883	3	swing	swing	NOUN
cblr-1213	883	4	pricing	pricing	NOUN
cblr-1213	883	5	administrator	administrator	NOUN
cblr-1213	883	6	reports	report	NOUN
cblr-1213	883	7	,	,	PUNCT
cblr-1213	883	8	mutual	mutual	ADJ
cblr-1213	883	9	fund	fund	NOUN
cblr-1213	883	10	director	director	NOUN
cblr-1213	883	11	oversight	oversight	NOUN
cblr-1213	883	12	,	,	PUNCT
cblr-1213	883	13	published	publish	VERB
cblr-1213	883	14	swing	swing	NOUN
cblr-1213	883	15	pricing	pricing	NOUN
cblr-1213	883	16	policies	policy	NOUN
cblr-1213	883	17	and	and	CCONJ
cblr-1213	883	18	procedures	procedure	NOUN
cblr-1213	883	19	,	,	PUNCT
cblr-1213	883	20	a	a	DET
cblr-1213	883	21	consistent	consistent	ADJ
cblr-1213	883	22	(	(	PUNCT
cblr-1213	883	23	and	and	CCONJ
cblr-1213	883	24	undisclosed	undisclosed	ADJ
cblr-1213	883	25	)	)	PUNCT
cblr-1213	883	26	swing	swing	NOUN
cblr-1213	883	27	threshold	threshold	NOUN
cblr-1213	883	28	,	,	PUNCT
cblr-1213	883	29	and	and	CCONJ
cblr-1213	883	30	an	an	DET
cblr-1213	883	31	upper	upper	ADJ
cblr-1213	883	32	limit	limit	NOUN
cblr-1213	883	33	(	(	PUNCT
cblr-1213	883	34	two	two	NUM
cblr-1213	883	35	percent	percent	NOUN
cblr-1213	883	36	)	)	PUNCT
cblr-1213	883	37	of	of	ADP
cblr-1213	883	38	swing	swing	NOUN
cblr-1213	883	39	pricing	price	VERB
cblr-1213	883	40	all	all	PRON
cblr-1213	883	41	further	far	ADV
cblr-1213	883	42	safeguard	safeguard	VERB
cblr-1213	883	43	fair	fair	ADJ
cblr-1213	883	44	application	application	NOUN
cblr-1213	883	45	of	of	ADP
cblr-1213	883	46	the	the	DET
cblr-1213	883	47	rules.268	rules.268	NOUN
cblr-1213	883	48	another	another	DET
cblr-1213	883	49	inequity	inequity	NOUN
cblr-1213	883	50	criticism	criticism	NOUN
cblr-1213	883	51	highlights	highlight	VERB
cblr-1213	883	52	potential	potential	ADJ
cblr-1213	883	53	impact	impact	NOUN
cblr-1213	883	54	differences	difference	NOUN
cblr-1213	883	55	on	on	ADP
cblr-1213	883	56	large	large	ADJ
cblr-1213	883	57	versus	versus	ADP
cblr-1213	883	58	small	small	ADJ
cblr-1213	883	59	funds	fund	NOUN
cblr-1213	883	60	.	.	PUNCT
cblr-1213	884	1	in	in	ADP
cblr-1213	884	2	times	time	NOUN
cblr-1213	884	3	of	of	ADP
cblr-1213	884	4	liquidity	liquidity	NOUN
cblr-1213	884	5	stress	stress	NOUN
cblr-1213	884	6	or	or	CCONJ
cblr-1213	884	7	crisis	crisis	NOUN
cblr-1213	884	8	,	,	PUNCT
cblr-1213	884	9	some	some	DET
cblr-1213	884	10	mutual	mutual	ADJ
cblr-1213	884	11	fund	fund	NOUN
cblr-1213	884	12	industry	industry	NOUN
cblr-1213	884	13	representatives	representative	NOUN
cblr-1213	884	14	cautioned	caution	VERB
cblr-1213	884	15	that	that	SCONJ
cblr-1213	884	16	investors	investor	NOUN
cblr-1213	884	17	will	will	AUX
cblr-1213	884	18	be	be	AUX
cblr-1213	884	19	more	more	ADV
cblr-1213	884	20	likely	likely	ADJ
cblr-1213	884	21	to	to	PART
cblr-1213	884	22	redeem	redeem	VERB
cblr-1213	884	23	from	from	ADP
cblr-1213	884	24	funds	fund	NOUN
cblr-1213	884	25	without	without	ADP
cblr-1213	884	26	swing	swing	NOUN
cblr-1213	884	27	pricing	pricing	NOUN
cblr-1213	884	28	,	,	PUNCT
cblr-1213	884	29	which	which	PRON
cblr-1213	884	30	are	be	AUX
cblr-1213	884	31	more	more	ADV
cblr-1213	884	32	likely	likely	ADJ
cblr-1213	884	33	to	to	PART
cblr-1213	884	34	be	be	AUX
cblr-1213	884	35	smaller	small	ADJ
cblr-1213	884	36	funds	fund	NOUN
cblr-1213	884	37	,	,	PUNCT
cblr-1213	884	38	thus	thus	ADV
cblr-1213	884	39	concentrating	concentrate	VERB
cblr-1213	884	40	run	run	NOUN
cblr-1213	884	41	risks	risk	NOUN
cblr-1213	884	42	within	within	ADP
cblr-1213	884	43	smaller	small	ADJ
cblr-1213	884	44	funds.269	funds.269	NOUN
cblr-1213	884	45	they	they	PRON
cblr-1213	884	46	worry	worry	VERB
cblr-1213	884	47	that	that	SCONJ
cblr-1213	884	48	swing	swing	NOUN
cblr-1213	884	49	pricing	pricing	NOUN
cblr-1213	884	50	will	will	AUX
cblr-1213	884	51	“	"	PUNCT
cblr-1213	884	52	create	create	VERB
cblr-1213	884	53	incentives	incentive	NOUN
cblr-1213	884	54	for	for	SCONJ
cblr-1213	884	55	investors	investor	NOUN
cblr-1213	884	56	to	to	PART
cblr-1213	884	57	redeem	redeem	VERB
cblr-1213	884	58	from	from	ADP
cblr-1213	884	59	the	the	DET
cblr-1213	884	60	funds	fund	NOUN
cblr-1213	884	61	least	least	ADV
cblr-1213	884	62	likely	likely	ADJ
cblr-1213	884	63	to	to	PART
cblr-1213	884	64	be	be	AUX
cblr-1213	884	65	able	able	ADJ
cblr-1213	884	66	to	to	PART
cblr-1213	884	67	handle	handle	VERB
cblr-1213	884	68	the	the	DET
cblr-1213	884	69	stress	stress	NOUN
cblr-1213	884	70	from	from	ADP
cblr-1213	884	71	large	large	ADJ
cblr-1213	884	72	amounts	amount	NOUN
cblr-1213	884	73	of	of	ADP
cblr-1213	884	74	redemptions	redemption	NOUN
cblr-1213	884	75	.	.	PUNCT
cblr-1213	885	1	this	this	DET
cblr-1213	885	2	result	result	NOUN
cblr-1213	885	3	is	be	AUX
cblr-1213	885	4	both	both	PRON
cblr-1213	885	5	anti	anti	ADJ
cblr-1213	885	6	-	-	ADJ
cblr-1213	885	7	competitive	competitive	ADJ
cblr-1213	885	8	and	and	CCONJ
cblr-1213	885	9	—	—	PUNCT
cblr-1213	885	10	to	to	ADP
cblr-1213	885	11	the	the	DET
cblr-1213	885	12	extent	extent	NOUN
cblr-1213	885	13	that	that	SCONJ
cblr-1213	885	14	the	the	DET
cblr-1213	885	15	sec	sec	PROPN
cblr-1213	885	16	is	be	AUX
cblr-1213	885	17	concerned	concerned	ADJ
cblr-1213	885	18	about	about	ADP
cblr-1213	885	19	redemptions	redemption	NOUN
cblr-1213	885	20	leading	lead	VERB
cblr-1213	885	21	to	to	ADP
cblr-1213	885	22	‘	'	PUNCT
cblr-1213	885	23	fire	fire	NOUN
cblr-1213	885	24	sales	sale	NOUN
cblr-1213	885	25	’	'	PUNCT
cblr-1213	885	26	—	—	PUNCT
cblr-1213	885	27	counterproductive	counterproductive	ADJ
cblr-1213	885	28	.	.	PUNCT
cblr-1213	886	1	”270	”270	PROPN
cblr-1213	886	2	266	266	NUM
cblr-1213	886	3	qualified	qualified	ADJ
cblr-1213	886	4	pension	pension	NOUN
cblr-1213	886	5	,	,	PUNCT
cblr-1213	886	6	profit	profit	NOUN
cblr-1213	886	7	-	-	PUNCT
cblr-1213	886	8	sharing	sharing	NOUN
cblr-1213	886	9	,	,	PUNCT
cblr-1213	886	10	and	and	CCONJ
cblr-1213	886	11	stock	stock	NOUN
cblr-1213	886	12	bonus	bonus	NOUN
cblr-1213	886	13	plans	plan	NOUN
cblr-1213	886	14	,	,	PUNCT
cblr-1213	886	15	26	26	NUM
cblr-1213	886	16	c.f.r	c.f.r	NOUN
cblr-1213	886	17	.	.	PUNCT
cblr-1213	887	1	§	§	PROPN
cblr-1213	887	2	1.401(a)(9)(c	1.401(a)(9)(c	PROPN
cblr-1213	887	3	)	)	PUNCT
cblr-1213	887	4	(	(	PUNCT
cblr-1213	887	5	2017	2017	NUM
cblr-1213	887	6	)	)	PUNCT
cblr-1213	887	7	.	.	PUNCT
cblr-1213	888	1	267	267	NUM
cblr-1213	888	2	coal	coal	NOUN
cblr-1213	888	3	.	.	PUNCT
cblr-1213	888	4	of	of	ADP
cblr-1213	888	5	mutual	mutual	ADJ
cblr-1213	888	6	fund	fund	NOUN
cblr-1213	888	7	inv’rs	inv’rs	NOUN
cblr-1213	888	8	,	,	PUNCT
cblr-1213	888	9	comment	comment	NOUN
cblr-1213	888	10	letter	letter	NOUN
cblr-1213	888	11	on	on	ADP
cblr-1213	888	12	swing	swing	NOUN
cblr-1213	888	13	pricing	pricing	NOUN
cblr-1213	888	14	(	(	PUNCT
cblr-1213	888	15	jan	jan	PROPN
cblr-1213	888	16	.	.	PROPN
cblr-1213	888	17	18	18	NUM
cblr-1213	888	18	,	,	PUNCT
cblr-1213	888	19	2016	2016	NUM
cblr-1213	888	20	)	)	PUNCT
cblr-1213	888	21	,	,	PUNCT
cblr-1213	888	22	at	at	ADP
cblr-1213	888	23	8	8	NUM
cblr-1213	888	24	,	,	PUNCT
cblr-1213	888	25	https://www.sec.gov/comments/s7-16-15/s71615-85.pdf	https://www.sec.gov/comments/s7-16-15/s71615-85.pdf	NOUN
cblr-1213	888	26	[	[	X
cblr-1213	888	27	perma.cc/a3bx-qltc	perma.cc/a3bx-qltc	X
cblr-1213	888	28	]	]	X
cblr-1213	888	29	(	(	PUNCT
cblr-1213	888	30	describing	describe	VERB
cblr-1213	888	31	how	how	SCONJ
cblr-1213	888	32	the	the	DET
cblr-1213	888	33	symmetry	symmetry	NOUN
cblr-1213	888	34	of	of	ADP
cblr-1213	888	35	the	the	DET
cblr-1213	888	36	sec	sec	PROPN
cblr-1213	888	37	rules	rule	NOUN
cblr-1213	888	38	disadvantage	disadvantage	VERB
cblr-1213	888	39	certain	certain	ADJ
cblr-1213	888	40	shareholders	shareholder	NOUN
cblr-1213	888	41	under	under	ADP
cblr-1213	888	42	swing	swing	NOUN
cblr-1213	888	43	pricing	pricing	NOUN
cblr-1213	888	44	)	)	PUNCT
cblr-1213	888	45	.	.	PUNCT
cblr-1213	889	1	268	268	NUM
cblr-1213	889	2	see	see	VERB
cblr-1213	889	3	e.g.	e.g.	ADV
cblr-1213	889	4	,	,	PUNCT
cblr-1213	889	5	final	final	ADJ
cblr-1213	889	6	rules	rule	NOUN
cblr-1213	889	7	,	,	PUNCT
cblr-1213	889	8	supra	supra	PROPN
cblr-1213	889	9	note	note	NOUN
cblr-1213	889	10	4	4	NUM
cblr-1213	889	11	,	,	PUNCT
cblr-1213	889	12	at	at	ADP
cblr-1213	889	13	82094	82094	NUM
cblr-1213	889	14	(	(	PUNCT
cblr-1213	889	15	describing	describe	VERB
cblr-1213	889	16	safeguards	safeguard	NOUN
cblr-1213	889	17	of	of	ADP
cblr-1213	889	18	fairness	fairness	NOUN
cblr-1213	889	19	)	)	PUNCT
cblr-1213	889	20	.	.	PUNCT
cblr-1213	890	1	269	269	NUM
cblr-1213	890	2	dechert	dechert	NOUN
cblr-1213	890	3	comment	comment	NOUN
cblr-1213	890	4	letter	letter	NOUN
cblr-1213	890	5	,	,	PUNCT
cblr-1213	890	6	supra	supra	PROPN
cblr-1213	890	7	note	note	PROPN
cblr-1213	890	8	201	201	NUM
cblr-1213	890	9	,	,	PUNCT
cblr-1213	890	10	at	at	ADP
cblr-1213	890	11	22	22	NUM
cblr-1213	890	12	.	.	PUNCT
cblr-1213	890	13	270	270	NUM
cblr-1213	891	1	i	i	PRON
cblr-1213	891	2	d.	d.	PROPN
cblr-1213	891	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	891	4	190	190	NUM
cblr-1213	891	5	columbia	columbia	PROPN
cblr-1213	891	6	business	business	NOUN
cblr-1213	891	7	law	law	PROPN
cblr-1213	891	8	review	review	NOUN
cblr-1213	892	1	[	[	X
cblr-1213	892	2	vol	vol	NOUN
cblr-1213	892	3	.	.	NOUN
cblr-1213	892	4	2018	2018	NUM
cblr-1213	892	5	c.	c.	NOUN
cblr-1213	892	6	compliance	compliance	NOUN
cblr-1213	892	7	costs	cost	NOUN
cblr-1213	892	8	&	&	CCONJ
cblr-1213	892	9	priority	priority	NOUN
cblr-1213	892	10	participating	participate	VERB
cblr-1213	892	11	swing	swing	NOUN
cblr-1213	892	12	pricing	pricing	NOUN
cblr-1213	892	13	funds	fund	NOUN
cblr-1213	892	14	face	face	VERB
cblr-1213	892	15	significant	significant	ADJ
cblr-1213	892	16	implementation	implementation	NOUN
cblr-1213	892	17	costs	cost	NOUN
cblr-1213	892	18	.	.	PUNCT
cblr-1213	893	1	the	the	DET
cblr-1213	893	2	sec	sec	PROPN
cblr-1213	893	3	estimated	estimate	VERB
cblr-1213	893	4	swing	swing	NOUN
cblr-1213	893	5	pricing	pricing	NOUN
cblr-1213	893	6	implementation	implementation	NOUN
cblr-1213	893	7	costs	cost	NOUN
cblr-1213	893	8	at	at	ADP
cblr-1213	893	9	$	$	SYM
cblr-1213	893	10	1.3	1.3	NUM
cblr-1213	893	11	million	million	NUM
cblr-1213	893	12	to	to	PART
cblr-1213	893	13	$	$	SYM
cblr-1213	893	14	2.25	2.25	NUM
cblr-1213	893	15	million	million	NUM
cblr-1213	893	16	per	per	ADP
cblr-1213	893	17	fund	fund	NOUN
cblr-1213	893	18	complex.271	complex.271	NOUN
cblr-1213	893	19	these	these	DET
cblr-1213	893	20	optional	optional	ADJ
cblr-1213	893	21	implementation	implementation	NOUN
cblr-1213	893	22	costs	cost	NOUN
cblr-1213	893	23	are	be	AUX
cblr-1213	893	24	on	on	ADP
cblr-1213	893	25	top	top	NOUN
cblr-1213	893	26	of	of	ADP
cblr-1213	893	27	mutual	mutual	ADJ
cblr-1213	893	28	fund	fund	NOUN
cblr-1213	893	29	compliance	compliance	NOUN
cblr-1213	893	30	with	with	ADP
cblr-1213	893	31	other	other	ADJ
cblr-1213	893	32	new	new	ADJ
cblr-1213	893	33	regulations	regulation	NOUN
cblr-1213	893	34	passed	pass	VERB
cblr-1213	893	35	as	as	ADP
cblr-1213	893	36	part	part	NOUN
cblr-1213	893	37	of	of	ADP
cblr-1213	893	38	a	a	DET
cblr-1213	893	39	liquidity	liquidity	NOUN
cblr-1213	893	40	management	management	NOUN
cblr-1213	893	41	package	package	NOUN
cblr-1213	893	42	.	.	PUNCT
cblr-1213	894	1	the	the	DET
cblr-1213	894	2	additional	additional	ADJ
cblr-1213	894	3	liquidity	liquidity	NOUN
cblr-1213	894	4	rules	rule	NOUN
cblr-1213	894	5	require	require	VERB
cblr-1213	894	6	liquidity	liquidity	NOUN
cblr-1213	894	7	risk	risk	NOUN
cblr-1213	894	8	management	management	NOUN
cblr-1213	894	9	programs	program	NOUN
cblr-1213	894	10	,	,	PUNCT
cblr-1213	894	11	a	a	DET
cblr-1213	894	12	liquidity	liquidity	NOUN
cblr-1213	894	13	classification	classification	NOUN
cblr-1213	894	14	of	of	ADP
cblr-1213	894	15	each	each	DET
cblr-1213	894	16	portfolio	portfolio	NOUN
cblr-1213	894	17	investment	investment	NOUN
cblr-1213	894	18	,	,	PUNCT
cblr-1213	894	19	redemption	redemption	NOUN
cblr-1213	894	20	in	in	ADP
cblr-1213	894	21	-	-	PUNCT
cblr-1213	894	22	kind	kind	NOUN
cblr-1213	894	23	policies	policy	NOUN
cblr-1213	894	24	and	and	CCONJ
cblr-1213	894	25	procedures,272	procedures,272	VERB
cblr-1213	894	26	and	and	CCONJ
cblr-1213	894	27	modernizing	modernize	VERB
cblr-1213	894	28	shareholder	shareholder	NOUN
cblr-1213	894	29	reporting	report	VERB
cblr-1213	894	30	forms.273	forms.273	ADV
cblr-1213	894	31	additionally	additionally	ADV
cblr-1213	894	32	the	the	DET
cblr-1213	894	33	mutual	mutual	ADJ
cblr-1213	894	34	fund	fund	NOUN
cblr-1213	894	35	industry	industry	NOUN
cblr-1213	894	36	must	must	AUX
cblr-1213	894	37	also	also	ADV
cblr-1213	894	38	comply	comply	VERB
cblr-1213	894	39	with	with	ADP
cblr-1213	894	40	the	the	DET
cblr-1213	894	41	department	department	PROPN
cblr-1213	894	42	of	of	ADP
cblr-1213	894	43	labor	labor	NOUN
cblr-1213	894	44	’s	’s	PART
cblr-1213	894	45	(	(	PUNCT
cblr-1213	894	46	“	"	PUNCT
cblr-1213	894	47	dol	dol	NOUN
cblr-1213	894	48	”	"	PUNCT
cblr-1213	894	49	)	)	PUNCT
cblr-1213	894	50	new	new	ADJ
cblr-1213	894	51	definition	definition	NOUN
cblr-1213	894	52	of	of	ADP
cblr-1213	894	53	who	who	PRON
cblr-1213	894	54	is	be	AUX
cblr-1213	894	55	a	a	DET
cblr-1213	894	56	fiduciary	fiduciary	ADJ
cblr-1213	894	57	—	—	PUNCT
cblr-1213	894	58	a	a	DET
cblr-1213	894	59	seismic	seismic	ADJ
cblr-1213	894	60	policy	policy	NOUN
cblr-1213	894	61	and	and	CCONJ
cblr-1213	894	62	operational	operational	ADJ
cblr-1213	894	63	shift	shift	NOUN
cblr-1213	894	64	for	for	ADP
cblr-1213	894	65	the	the	DET
cblr-1213	894	66	industry.274	industry.274	NOUN
cblr-1213	894	67	271	271	NUM
cblr-1213	894	68	swing	swing	NOUN
cblr-1213	894	69	pricing	pricing	NOUN
cblr-1213	894	70	proposed	propose	VERB
cblr-1213	894	71	rules	rule	NOUN
cblr-1213	894	72	,	,	PUNCT
cblr-1213	894	73	supra	supra	PROPN
cblr-1213	894	74	note	note	NOUN
cblr-1213	894	75	4	4	NUM
cblr-1213	894	76	,	,	PUNCT
cblr-1213	894	77	at	at	ADP
cblr-1213	894	78	62367–68	62367–68	NOUN
cblr-1213	894	79	.	.	PUNCT
cblr-1213	895	1	the	the	DET
cblr-1213	895	2	sec	sec	PROPN
cblr-1213	895	3	’s	’s	PART
cblr-1213	895	4	cost	cost	NOUN
cblr-1213	895	5	estimates	estimate	NOUN
cblr-1213	895	6	do	do	AUX
cblr-1213	895	7	not	not	PART
cblr-1213	895	8	account	account	VERB
cblr-1213	895	9	for	for	ADP
cblr-1213	895	10	industry	industry	NOUN
cblr-1213	895	11	retooling	retooling	NOUN
cblr-1213	895	12	to	to	PART
cblr-1213	895	13	provide	provide	VERB
cblr-1213	895	14	earlier	early	ADJ
cblr-1213	895	15	trade	trade	NOUN
cblr-1213	895	16	and	and	CCONJ
cblr-1213	895	17	fund	fund	NOUN
cblr-1213	895	18	flow	flow	NOUN
cblr-1213	895	19	information	information	NOUN
cblr-1213	895	20	from	from	ADP
cblr-1213	895	21	intermediaries	intermediary	NOUN
cblr-1213	895	22	to	to	ADP
cblr-1213	895	23	funds	fund	NOUN
cblr-1213	895	24	.	.	PUNCT
cblr-1213	896	1	see	see	VERB
cblr-1213	896	2	e.g.	e.g.	ADV
cblr-1213	896	3	,	,	PUNCT
cblr-1213	896	4	eaton	eaton	PROPN
cblr-1213	896	5	vance	vance	PROPN
cblr-1213	896	6	comment	comment	NOUN
cblr-1213	896	7	letter	letter	NOUN
cblr-1213	896	8	,	,	PUNCT
cblr-1213	896	9	supra	supra	PROPN
cblr-1213	896	10	note	note	PROPN
cblr-1213	896	11	170	170	NUM
cblr-1213	896	12	,	,	PUNCT
cblr-1213	896	13	at	at	ADP
cblr-1213	896	14	5	5	NUM
cblr-1213	896	15	.	.	NOUN
cblr-1213	896	16	272	272	NUM
cblr-1213	896	17	final	final	ADJ
cblr-1213	896	18	liquidity	liquidity	NOUN
cblr-1213	896	19	risk	risk	NOUN
cblr-1213	896	20	rules	rule	NOUN
cblr-1213	896	21	,	,	PUNCT
cblr-1213	896	22	supra	supra	PROPN
cblr-1213	896	23	note	note	NOUN
cblr-1213	896	24	4	4	NUM
cblr-1213	896	25	,	,	PUNCT
cblr-1213	896	26	at	at	ADP
cblr-1213	896	27	82142	82142	NUM
cblr-1213	896	28	.	.	PUNCT
cblr-1213	897	1	most	most	ADJ
cblr-1213	897	2	funds	fund	NOUN
cblr-1213	897	3	would	would	AUX
cblr-1213	897	4	be	be	AUX
cblr-1213	897	5	required	require	VERB
cblr-1213	897	6	to	to	PART
cblr-1213	897	7	comply	comply	VERB
cblr-1213	897	8	with	with	ADP
cblr-1213	897	9	the	the	DET
cblr-1213	897	10	liquidity	liquidity	NOUN
cblr-1213	897	11	risk	risk	NOUN
cblr-1213	897	12	management	management	NOUN
cblr-1213	897	13	program	program	NOUN
cblr-1213	897	14	requirements	requirement	NOUN
cblr-1213	897	15	by	by	ADP
cblr-1213	897	16	december	december	PROPN
cblr-1213	897	17	1	1	NUM
cblr-1213	897	18	,	,	PUNCT
cblr-1213	897	19	2018	2018	NUM
cblr-1213	897	20	,	,	PUNCT
cblr-1213	897	21	and	and	CCONJ
cblr-1213	897	22	smaller	small	ADJ
cblr-1213	897	23	funds	fund	NOUN
cblr-1213	897	24	by	by	ADP
cblr-1213	897	25	june	june	PROPN
cblr-1213	897	26	1	1	NUM
cblr-1213	897	27	,	,	PUNCT
cblr-1213	897	28	2019	2019	NUM
cblr-1213	897	29	.	.	PUNCT
cblr-1213	898	1	i	i	PRON
cblr-1213	898	2	d.	d.	PROPN
cblr-1213	898	3	at	at	ADP
cblr-1213	898	4	82228	82228	NUM
cblr-1213	898	5	.	.	PUNCT
cblr-1213	899	1	273	273	NUM
cblr-1213	899	2	sec	sec	PROPN
cblr-1213	899	3	report	report	NOUN
cblr-1213	899	4	modernization	modernization	NOUN
cblr-1213	899	5	rule	rule	NOUN
cblr-1213	899	6	,	,	PUNCT
cblr-1213	899	7	17	17	NUM
cblr-1213	899	8	c.f.r	c.f.r	NOUN
cblr-1213	899	9	.	.	PUNCT
cblr-1213	900	1	§	§	PROPN
cblr-1213	900	2	200	200	NUM
cblr-1213	900	3	,	,	PUNCT
cblr-1213	900	4	210	210	NUM
cblr-1213	900	5	,	,	PUNCT
cblr-1213	900	6	232	232	NUM
cblr-1213	900	7	,	,	PUNCT
cblr-1213	900	8	239	239	NUM
cblr-1213	900	9	,	,	PUNCT
cblr-1213	900	10	240	240	NUM
cblr-1213	900	11	,	,	PUNCT
cblr-1213	900	12	249	249	NUM
cblr-1213	900	13	,	,	PUNCT
cblr-1213	900	14	270	270	NUM
cblr-1213	900	15	,	,	PUNCT
cblr-1213	900	16	274	274	NUM
cblr-1213	900	17	(	(	PUNCT
cblr-1213	900	18	2017	2017	NUM
cblr-1213	900	19	)	)	PUNCT
cblr-1213	900	20	.	.	PUNCT
cblr-1213	901	1	274	274	NUM
cblr-1213	901	2	dol	dol	VERB
cblr-1213	901	3	fiduciary	fiduciary	ADJ
cblr-1213	901	4	rule	rule	NOUN
cblr-1213	901	5	,	,	PUNCT
cblr-1213	901	6	29	29	NUM
cblr-1213	901	7	c.f.r	c.f.r	NOUN
cblr-1213	901	8	.	.	PUNCT
cblr-1213	902	1	§	§	PROPN
cblr-1213	902	2	2510.3	2510.3	NUM
cblr-1213	902	3	-	-	SYM
cblr-1213	902	4	21(j	21(j	NUM
cblr-1213	902	5	)	)	PUNCT
cblr-1213	902	6	(	(	PUNCT
cblr-1213	902	7	2017	2017	NUM
cblr-1213	902	8	)	)	PUNCT
cblr-1213	902	9	.	.	PUNCT
cblr-1213	903	1	the	the	DET
cblr-1213	903	2	new	new	ADJ
cblr-1213	903	3	rules	rule	NOUN
cblr-1213	903	4	and	and	CCONJ
cblr-1213	903	5	subsequent	subsequent	ADJ
cblr-1213	903	6	uncertainty	uncertainty	NOUN
cblr-1213	903	7	has	have	AUX
cblr-1213	903	8	consumed	consume	VERB
cblr-1213	903	9	significant	significant	ADJ
cblr-1213	903	10	resources	resource	NOUN
cblr-1213	903	11	in	in	ADP
cblr-1213	903	12	the	the	DET
cblr-1213	903	13	mutual	mutual	ADJ
cblr-1213	903	14	fund	fund	NOUN
cblr-1213	903	15	industry	industry	NOUN
cblr-1213	903	16	.	.	PUNCT
cblr-1213	904	1	holly	holly	PROPN
cblr-1213	904	2	van	van	PROPN
cblr-1213	904	3	den	den	PROPN
cblr-1213	904	4	toorn	toorn	PROPN
cblr-1213	904	5	notes	note	VERB
cblr-1213	904	6	the	the	DET
cblr-1213	904	7	significant	significant	ADJ
cblr-1213	904	8	amount	amount	NOUN
cblr-1213	904	9	of	of	ADP
cblr-1213	904	10	time	time	NOUN
cblr-1213	904	11	mutual	mutual	ADJ
cblr-1213	904	12	fund	fund	NOUN
cblr-1213	904	13	complexes	complex	NOUN
cblr-1213	904	14	spent	spend	VERB
cblr-1213	904	15	in	in	ADP
cblr-1213	904	16	advance	advance	NOUN
cblr-1213	904	17	of	of	ADP
cblr-1213	904	18	the	the	DET
cblr-1213	904	19	rule	rule	NOUN
cblr-1213	904	20	compliance	compliance	NOUN
cblr-1213	904	21	date	date	NOUN
cblr-1213	904	22	working	work	VERB
cblr-1213	904	23	with	with	ADP
cblr-1213	904	24	intermediaries	intermediary	NOUN
cblr-1213	904	25	,	,	PUNCT
cblr-1213	904	26	many	many	ADJ
cblr-1213	904	27	of	of	ADP
cblr-1213	904	28	which	which	PRON
cblr-1213	904	29	had	have	VERB
cblr-1213	904	30	different	different	ADJ
cblr-1213	904	31	approaches	approach	NOUN
cblr-1213	904	32	to	to	ADP
cblr-1213	904	33	solving	solve	VERB
cblr-1213	904	34	for	for	ADP
cblr-1213	904	35	the	the	DET
cblr-1213	904	36	dol	dol	ADJ
cblr-1213	904	37	fiduciary	fiduciary	ADJ
cblr-1213	904	38	rule	rule	NOUN
cblr-1213	904	39	.	.	PUNCT
cblr-1213	905	1	amidst	amidst	ADP
cblr-1213	905	2	the	the	DET
cblr-1213	905	3	post	post	ADJ
cblr-1213	905	4	-	-	ADJ
cblr-1213	905	5	election	election	ADJ
cblr-1213	905	6	uncertainty	uncertainty	NOUN
cblr-1213	905	7	,	,	PUNCT
cblr-1213	905	8	some	some	DET
cblr-1213	905	9	complexes	complex	NOUN
cblr-1213	905	10	launched	launch	VERB
cblr-1213	905	11	a	a	DET
cblr-1213	905	12	specific	specific	ADJ
cblr-1213	905	13	share	share	NOUN
cblr-1213	905	14	class	class	NOUN
cblr-1213	905	15	to	to	PART
cblr-1213	905	16	accommodate	accommodate	VERB
cblr-1213	905	17	intermediaries	intermediary	NOUN
cblr-1213	905	18	’	'	PUNCT
cblr-1213	905	19	compliance	compliance	NOUN
cblr-1213	905	20	,	,	PUNCT
cblr-1213	905	21	but	but	CCONJ
cblr-1213	905	22	are	be	AUX
cblr-1213	905	23	not	not	PART
cblr-1213	905	24	currently	currently	ADV
cblr-1213	905	25	offering	offer	VERB
cblr-1213	905	26	the	the	DET
cblr-1213	905	27	special	special	ADJ
cblr-1213	905	28	share	share	NOUN
cblr-1213	905	29	class	class	NOUN
cblr-1213	905	30	until	until	SCONJ
cblr-1213	905	31	the	the	DET
cblr-1213	905	32	rule	rule	NOUN
cblr-1213	905	33	’s	’s	PART
cblr-1213	905	34	future	future	NOUN
cblr-1213	905	35	becomes	become	VERB
cblr-1213	905	36	clear	clear	ADJ
cblr-1213	905	37	.	.	PUNCT
cblr-1213	906	1	she	she	PRON
cblr-1213	906	2	also	also	ADV
cblr-1213	906	3	reports	report	VERB
cblr-1213	906	4	that	that	SCONJ
cblr-1213	906	5	the	the	DET
cblr-1213	906	6	overall	overall	ADJ
cblr-1213	906	7	mutual	mutual	ADJ
cblr-1213	906	8	fund	fund	NOUN
cblr-1213	906	9	industry	industry	NOUN
cblr-1213	906	10	would	would	AUX
cblr-1213	906	11	prefer	prefer	VERB
cblr-1213	906	12	to	to	PART
cblr-1213	906	13	see	see	VERB
cblr-1213	906	14	a	a	DET
cblr-1213	906	15	fiduciary	fiduciary	ADJ
cblr-1213	906	16	standard	standard	NOUN
cblr-1213	906	17	produced	produce	VERB
cblr-1213	906	18	in	in	ADP
cblr-1213	906	19	conjunction	conjunction	NOUN
cblr-1213	906	20	with	with	ADP
cblr-1213	906	21	their	their	PRON
cblr-1213	906	22	primary	primary	ADJ
cblr-1213	906	23	regulator	regulator	NOUN
cblr-1213	906	24	,	,	PUNCT
cblr-1213	906	25	the	the	DET
cblr-1213	906	26	sec	sec	PROPN
cblr-1213	906	27	,	,	PUNCT
cblr-1213	906	28	to	to	PART
cblr-1213	906	29	avoid	avoid	VERB
cblr-1213	906	30	future	future	ADJ
cblr-1213	906	31	conflicts	conflict	NOUN
cblr-1213	906	32	.	.	PUNCT
cblr-1213	907	1	anne	anne	PROPN
cblr-1213	907	2	tucker	tucker	PROPN
cblr-1213	907	3	,	,	PUNCT
cblr-1213	907	4	the	the	DET
cblr-1213	907	5	author	author	NOUN
cblr-1213	907	6	with	with	ADP
cblr-1213	907	7	primary	primary	ADJ
cblr-1213	907	8	academic	academic	ADJ
cblr-1213	907	9	experience	experience	NOUN
cblr-1213	907	10	,	,	PUNCT
cblr-1213	907	11	acknowledges	acknowledge	VERB
cblr-1213	907	12	the	the	DET
cblr-1213	907	13	operational	operational	ADJ
cblr-1213	907	14	and	and	CCONJ
cblr-1213	907	15	market	market	NOUN
cblr-1213	907	16	consolidation	consolidation	NOUN
cblr-1213	907	17	changes	change	NOUN
cblr-1213	907	18	are	be	AUX
cblr-1213	907	19	likely	likely	ADJ
cblr-1213	907	20	to	to	PART
cblr-1213	907	21	follow	follow	VERB
cblr-1213	907	22	implementation	implementation	NOUN
cblr-1213	907	23	of	of	ADP
cblr-1213	907	24	the	the	DET
cblr-1213	907	25	fiduciary	fiduciary	ADJ
cblr-1213	907	26	duty	duty	NOUN
cblr-1213	907	27	rule	rule	NOUN
cblr-1213	907	28	.	.	PUNCT
cblr-1213	908	1	from	from	ADP
cblr-1213	908	2	her	her	PRON
cblr-1213	908	3	perspective	perspective	NOUN
cblr-1213	908	4	,	,	PUNCT
cblr-1213	908	5	the	the	DET
cblr-1213	908	6	painful	painful	ADJ
cblr-1213	908	7	elements	element	NOUN
cblr-1213	908	8	of	of	ADP
cblr-1213	908	9	these	these	DET
cblr-1213	908	10	changes	change	NOUN
cblr-1213	908	11	should	should	AUX
cblr-1213	908	12	never	never	ADV
cblr-1213	908	13	have	have	AUX
cblr-1213	908	14	been	be	AUX
cblr-1213	908	15	permitted	permit	VERB
cblr-1213	908	16	in	in	ADP
cblr-1213	908	17	the	the	DET
cblr-1213	908	18	first	first	ADJ
cblr-1213	908	19	place	place	NOUN
cblr-1213	908	20	.	.	PUNCT
cblr-1213	909	1	self	self	NOUN
cblr-1213	909	2	-	-	PUNCT
cblr-1213	909	3	interestedly	interestedly	ADV
cblr-1213	909	4	promoting	promote	VERB
cblr-1213	909	5	high	high	ADJ
cblr-1213	909	6	-	-	PUNCT
cblr-1213	909	7	fee	fee	NOUN
cblr-1213	909	8	,	,	PUNCT
cblr-1213	909	9	low	low	ADJ
cblr-1213	909	10	-	-	PUNCT
cblr-1213	909	11	return	return	NOUN
cblr-1213	909	12	products	product	NOUN
cblr-1213	909	13	—	—	PUNCT
cblr-1213	909	14	or	or	CCONJ
cblr-1213	909	15	even	even	ADV
cblr-1213	909	16	mediocre	mediocre	ADJ
cblr-1213	909	17	products	product	NOUN
cblr-1213	909	18	—	—	PUNCT
cblr-1213	909	19	to	to	ADP
cblr-1213	909	20	unsophisticated	unsophisticated	ADJ
cblr-1213	909	21	clients	client	NOUN
cblr-1213	909	22	exploits	exploit	VERB
cblr-1213	909	23	information	information	NOUN
cblr-1213	909	24	asymmetries	asymmetry	NOUN
cblr-1213	910	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	911	1	no	no	NOUN
cblr-1213	911	2	.	.	PUNCT
cblr-1213	912	1	1:130	1:130	NUM
cblr-1213	912	2	]	]	X
cblr-1213	912	3	will	will	AUX
cblr-1213	912	4	swing	swing	VERB
cblr-1213	912	5	pricing	pricing	NOUN
cblr-1213	912	6	save	save	VERB
cblr-1213	912	7	sedentary	sedentary	ADJ
cblr-1213	912	8	shareholders	shareholder	NOUN
cblr-1213	912	9	?	?	PUNCT
cblr-1213	913	1	191	191	NUM
cblr-1213	913	2	smaller	small	ADJ
cblr-1213	913	3	mutual	mutual	ADJ
cblr-1213	913	4	fund	fund	NOUN
cblr-1213	913	5	complexes	complex	NOUN
cblr-1213	913	6	that	that	PRON
cblr-1213	913	7	may	may	AUX
cblr-1213	913	8	have	have	AUX
cblr-1213	913	9	exhausted	exhaust	VERB
cblr-1213	913	10	time	time	NOUN
cblr-1213	913	11	and	and	CCONJ
cblr-1213	913	12	money	money	NOUN
cblr-1213	913	13	resources	resource	NOUN
cblr-1213	913	14	on	on	ADP
cblr-1213	913	15	the	the	DET
cblr-1213	913	16	mandatory	mandatory	ADJ
cblr-1213	913	17	rules	rule	NOUN
cblr-1213	913	18	are	be	AUX
cblr-1213	913	19	less	less	ADV
cblr-1213	913	20	likely	likely	ADJ
cblr-1213	913	21	to	to	PART
cblr-1213	913	22	implement	implement	VERB
cblr-1213	913	23	swing	swing	NOUN
cblr-1213	913	24	pricing	pricing	NOUN
cblr-1213	913	25	because	because	SCONJ
cblr-1213	913	26	of	of	ADP
cblr-1213	913	27	the	the	DET
cblr-1213	913	28	additional	additional	ADJ
cblr-1213	913	29	and	and	CCONJ
cblr-1213	913	30	optional	optional	ADJ
cblr-1213	913	31	regulatory	regulatory	ADJ
cblr-1213	913	32	compliance	compliance	NOUN
cblr-1213	913	33	and	and	CCONJ
cblr-1213	913	34	cost	cost	NOUN
cblr-1213	913	35	burdens	burden	NOUN
cblr-1213	913	36	that	that	PRON
cblr-1213	913	37	come	come	VERB
cblr-1213	913	38	with	with	ADP
cblr-1213	913	39	the	the	DET
cblr-1213	913	40	practice	practice	NOUN
cblr-1213	913	41	.	.	PUNCT
cblr-1213	914	1	in	in	ADP
cblr-1213	914	2	this	this	DET
cblr-1213	914	3	way	way	NOUN
cblr-1213	914	4	,	,	PUNCT
cblr-1213	914	5	the	the	DET
cblr-1213	914	6	rules	rule	NOUN
cblr-1213	914	7	preference	preference	VERB
cblr-1213	914	8	larger	large	ADJ
cblr-1213	914	9	fund	fund	NOUN
cblr-1213	914	10	complexes	complex	NOUN
cblr-1213	914	11	with	with	ADP
cblr-1213	914	12	greater	great	ADJ
cblr-1213	914	13	resources	resource	NOUN
cblr-1213	914	14	and	and	CCONJ
cblr-1213	914	15	operational	operational	ADJ
cblr-1213	914	16	efficiencies	efficiency	NOUN
cblr-1213	914	17	in	in	ADP
cblr-1213	914	18	implementing	implement	VERB
cblr-1213	914	19	new	new	ADJ
cblr-1213	914	20	systems.275	systems.275	NOUN
cblr-1213	914	21	v.	v.	ADP
cblr-1213	914	22	mutual	mutual	ADJ
cblr-1213	914	23	fund	fund	NOUN
cblr-1213	914	24	liquidity	liquidity	NOUN
cblr-1213	914	25	:	:	PUNCT
cblr-1213	914	26	existing	exist	VERB
cblr-1213	914	27	and	and	CCONJ
cblr-1213	914	28	considered	consider	VERB
cblr-1213	914	29	tools	tool	NOUN
cblr-1213	914	30	to	to	PART
cblr-1213	914	31	recoup	recoup	VERB
cblr-1213	914	32	&	&	CCONJ
cblr-1213	914	33	reduce	reduce	VERB
cblr-1213	914	34	costs	cost	NOUN
cblr-1213	914	35	alternatives	alternative	NOUN
cblr-1213	914	36	to	to	ADP
cblr-1213	914	37	swing	swing	NOUN
cblr-1213	914	38	pricing	pricing	NOUN
cblr-1213	914	39	include	include	VERB
cblr-1213	914	40	redemption	redemption	NOUN
cblr-1213	914	41	fees	fee	NOUN
cblr-1213	914	42	,	,	PUNCT
cblr-1213	914	43	inkind	inkind	ADJ
cblr-1213	914	44	redemptions	redemption	NOUN
cblr-1213	914	45	,	,	PUNCT
cblr-1213	914	46	and	and	CCONJ
cblr-1213	914	47	dual	dual	ADJ
cblr-1213	914	48	pricing	pricing	NOUN
cblr-1213	914	49	.	.	PUNCT
cblr-1213	915	1	as	as	SCONJ
cblr-1213	915	2	the	the	DET
cblr-1213	915	3	mutual	mutual	ADJ
cblr-1213	915	4	fund	fund	NOUN
cblr-1213	915	5	market	market	NOUN
cblr-1213	915	6	grew	grow	VERB
cblr-1213	915	7	,	,	PUNCT
cblr-1213	915	8	sec	sec	PROPN
cblr-1213	915	9	regulations	regulation	NOUN
cblr-1213	915	10	authorized	authorize	VERB
cblr-1213	915	11	various	various	ADJ
cblr-1213	915	12	anti	anti	ADJ
cblr-1213	915	13	-	-	NOUN
cblr-1213	915	14	dilution	dilution	NOUN
cblr-1213	915	15	and	and	CCONJ
cblr-1213	915	16	other	other	ADJ
cblr-1213	915	17	tools	tool	NOUN
cblr-1213	915	18	to	to	PART
cblr-1213	915	19	promote	promote	VERB
cblr-1213	915	20	mutual	mutual	ADJ
cblr-1213	915	21	fund	fund	NOUN
cblr-1213	915	22	liquidity	liquidity	NOUN
cblr-1213	915	23	.	.	PUNCT
cblr-1213	916	1	u.s	u.s	PROPN
cblr-1213	916	2	.	.	PROPN
cblr-1213	916	3	mutual	mutual	ADJ
cblr-1213	916	4	funds	fund	NOUN
cblr-1213	916	5	can	can	AUX
cblr-1213	916	6	impose	impose	VERB
cblr-1213	916	7	redemption	redemption	NOUN
cblr-1213	916	8	fees	fee	NOUN
cblr-1213	916	9	and	and	CCONJ
cblr-1213	916	10	in	in	ADP
cblr-1213	916	11	-	-	PUNCT
cblr-1213	916	12	kind	kind	NOUN
cblr-1213	916	13	redemptions	redemption	NOUN
cblr-1213	916	14	as	as	ADP
cblr-1213	916	15	anti	anti	ADJ
cblr-1213	916	16	-	-	ADJ
cblr-1213	916	17	dilution	dilution	ADJ
cblr-1213	916	18	tools	tool	NOUN
cblr-1213	916	19	.	.	PUNCT
cblr-1213	917	1	a	a	DET
cblr-1213	917	2	third	third	ADJ
cblr-1213	917	3	tool	tool	NOUN
cblr-1213	917	4	—	—	PUNCT
cblr-1213	917	5	dual	dual	ADJ
cblr-1213	917	6	pricing	pricing	NOUN
cblr-1213	917	7	—	—	PUNCT
cblr-1213	917	8	which	which	PRON
cblr-1213	917	9	is	be	AUX
cblr-1213	917	10	not	not	PART
cblr-1213	917	11	authorized	authorize	VERB
cblr-1213	917	12	for	for	ADP
cblr-1213	917	13	u.s	u.s	PROPN
cblr-1213	917	14	.	.	PROPN
cblr-1213	917	15	mutual	mutual	ADJ
cblr-1213	917	16	funds	fund	NOUN
cblr-1213	917	17	,	,	PUNCT
cblr-1213	917	18	is	be	AUX
cblr-1213	917	19	also	also	ADV
cblr-1213	917	20	introduced	introduce	VERB
cblr-1213	917	21	below	below	ADV
cblr-1213	917	22	.	.	PUNCT
cblr-1213	918	1	each	each	PRON
cblr-1213	918	2	of	of	ADP
cblr-1213	918	3	these	these	DET
cblr-1213	918	4	alternatives	alternative	NOUN
cblr-1213	918	5	provides	provide	VERB
cblr-1213	918	6	an	an	DET
cblr-1213	918	7	important	important	ADJ
cblr-1213	918	8	regulatory	regulatory	ADJ
cblr-1213	918	9	juxtaposition	juxtaposition	NOUN
cblr-1213	918	10	to	to	PART
cblr-1213	918	11	swing	swing	VERB
cblr-1213	918	12	pricing	pricing	NOUN
cblr-1213	918	13	and	and	CCONJ
cblr-1213	918	14	contextualizes	contextualize	VERB
cblr-1213	918	15	the	the	DET
cblr-1213	918	16	discussion	discussion	NOUN
cblr-1213	918	17	undertaken	undertake	VERB
cblr-1213	918	18	in	in	ADP
cblr-1213	918	19	this	this	DET
cblr-1213	918	20	article	article	NOUN
cblr-1213	918	21	.	.	PUNCT
cblr-1213	919	1	neither	neither	DET
cblr-1213	919	2	author	author	NOUN
cblr-1213	919	3	is	be	AUX
cblr-1213	919	4	convinced	convince	VERB
cblr-1213	919	5	that	that	SCONJ
cblr-1213	919	6	the	the	DET
cblr-1213	919	7	existing	exist	VERB
cblr-1213	919	8	alternatives	alternative	NOUN
cblr-1213	919	9	provide	provide	VERB
cblr-1213	919	10	a	a	DET
cblr-1213	919	11	workable	workable	ADJ
cblr-1213	919	12	option	option	NOUN
cblr-1213	919	13	for	for	ADP
cblr-1213	919	14	and	and	CCONJ
cblr-1213	919	15	trust	trust	NOUN
cblr-1213	919	16	misplaced	misplace	VERB
cblr-1213	919	17	on	on	ADP
cblr-1213	919	18	the	the	DET
cblr-1213	919	19	veneer	veneer	NOUN
cblr-1213	919	20	of	of	ADP
cblr-1213	919	21	professionalism	professionalism	NOUN
cblr-1213	919	22	in	in	ADP
cblr-1213	919	23	the	the	DET
cblr-1213	919	24	form	form	NOUN
cblr-1213	919	25	of	of	ADP
cblr-1213	919	26	nice	nice	ADJ
cblr-1213	919	27	suits	suit	NOUN
cblr-1213	919	28	and	and	CCONJ
cblr-1213	919	29	glossy	glossy	ADJ
cblr-1213	919	30	product	product	NOUN
cblr-1213	919	31	brochures	brochure	NOUN
cblr-1213	919	32	.	.	PUNCT
cblr-1213	920	1	high	high	ADJ
cblr-1213	920	2	-	-	PUNCT
cblr-1213	920	3	fee	fee	NOUN
cblr-1213	920	4	,	,	PUNCT
cblr-1213	920	5	low	low	ADJ
cblr-1213	920	6	-	-	PUNCT
cblr-1213	920	7	performance	performance	NOUN
cblr-1213	920	8	investment	investment	NOUN
cblr-1213	920	9	options	option	NOUN
cblr-1213	920	10	create	create	VERB
cblr-1213	920	11	market	market	NOUN
cblr-1213	920	12	inefficiencies	inefficiency	NOUN
cblr-1213	920	13	,	,	PUNCT
cblr-1213	920	14	erode	erode	VERB
cblr-1213	920	15	individual	individual	ADJ
cblr-1213	920	16	investors	investor	NOUN
cblr-1213	920	17	’	’	PART
cblr-1213	920	18	retirement	retirement	NOUN
cblr-1213	920	19	accounts	account	NOUN
cblr-1213	920	20	,	,	PUNCT
cblr-1213	920	21	and	and	CCONJ
cblr-1213	920	22	contribute	contribute	VERB
cblr-1213	920	23	to	to	ADP
cblr-1213	920	24	a	a	DET
cblr-1213	920	25	national	national	ADJ
cblr-1213	920	26	savings	saving	NOUN
cblr-1213	920	27	shortfall	shortfall	NOUN
cblr-1213	920	28	.	.	PUNCT
cblr-1213	921	1	for	for	ADP
cblr-1213	921	2	a	a	DET
cblr-1213	921	3	similar	similar	ADJ
cblr-1213	921	4	view	view	NOUN
cblr-1213	921	5	,	,	PUNCT
cblr-1213	921	6	see	see	VERB
cblr-1213	921	7	benjamin	benjamin	PROPN
cblr-1213	921	8	p.	p.	PROPN
cblr-1213	921	9	edwards	edwards	PROPN
cblr-1213	921	10	,	,	PUNCT
cblr-1213	921	11	a	a	DET
cblr-1213	921	12	rules	rule	NOUN
cblr-1213	921	13	change	change	VERB
cblr-1213	921	14	from	from	ADP
cblr-1213	921	15	trump	trump	NOUN
cblr-1213	921	16	means	mean	VERB
cblr-1213	921	17	more	more	ADJ
cblr-1213	921	18	money	money	NOUN
cblr-1213	921	19	for	for	ADP
cblr-1213	921	20	wall	wall	PROPN
cblr-1213	921	21	street	street	PROPN
cblr-1213	921	22	,	,	PUNCT
cblr-1213	921	23	wash	wash	NOUN
cblr-1213	921	24	.	.	PUNCT
cblr-1213	922	1	post	post	NOUN
cblr-1213	922	2	(	(	PUNCT
cblr-1213	922	3	feb	feb	PROPN
cblr-1213	922	4	.	.	PROPN
cblr-1213	922	5	3	3	NUM
cblr-1213	922	6	,	,	PUNCT
cblr-1213	922	7	2017	2017	NUM
cblr-1213	922	8	)	)	PUNCT
cblr-1213	922	9	,	,	PUNCT
cblr-1213	922	10	https://www.washingtonpost.com/opinions/a-rules-change-from-trump-means-more-money-forwall-street/2017/02/03/b6c78d3a-ea55-11e6-bf6f-301b6b443624_story.html	https://www.washingtonpost.com/opinions/a-rules-change-from-trump-means-more-money-forwall-street/2017/02/03/b6c78d3a-ea55-11e6-bf6f-301b6b443624_story.html	X
cblr-1213	923	1	[	[	X
cblr-1213	923	2	perma.cc/gtf6-b4ge	perma.cc/gtf6-b4ge	X
cblr-1213	923	3	]	]	X
cblr-1213	923	4	.	.	PUNCT
cblr-1213	924	1	275	275	NUM
cblr-1213	924	2	dechert	dechert	NOUN
cblr-1213	924	3	comment	comment	NOUN
cblr-1213	924	4	letter	letter	NOUN
cblr-1213	924	5	,	,	PUNCT
cblr-1213	924	6	supra	supra	PROPN
cblr-1213	924	7	note	note	PROPN
cblr-1213	924	8	201	201	NUM
cblr-1213	924	9	,	,	PUNCT
cblr-1213	924	10	at	at	ADP
cblr-1213	924	11	20	20	NUM
cblr-1213	924	12	(	(	PUNCT
cblr-1213	924	13	“	"	PUNCT
cblr-1213	924	14	for	for	ADP
cblr-1213	924	15	example	example	NOUN
cblr-1213	924	16	,	,	PUNCT
cblr-1213	924	17	smaller	small	ADJ
cblr-1213	924	18	fund	fund	NOUN
cblr-1213	924	19	complexes	complex	NOUN
cblr-1213	924	20	are	be	AUX
cblr-1213	924	21	less	less	ADV
cblr-1213	924	22	likely	likely	ADJ
cblr-1213	924	23	than	than	ADP
cblr-1213	924	24	larger	large	ADJ
cblr-1213	924	25	fund	fund	NOUN
cblr-1213	924	26	complexes	complex	NOUN
cblr-1213	924	27	to	to	PART
cblr-1213	924	28	have	have	VERB
cblr-1213	924	29	adequate	adequate	ADJ
cblr-1213	924	30	resources	resource	NOUN
cblr-1213	924	31	or	or	CCONJ
cblr-1213	924	32	internal	internal	ADJ
cblr-1213	924	33	processes	process	NOUN
cblr-1213	924	34	in	in	ADP
cblr-1213	924	35	place	place	NOUN
cblr-1213	924	36	to	to	PART
cblr-1213	924	37	be	be	AUX
cblr-1213	924	38	able	able	ADJ
cblr-1213	924	39	to	to	PART
cblr-1213	924	40	support	support	VERB
cblr-1213	924	41	the	the	DET
cblr-1213	924	42	use	use	NOUN
cblr-1213	924	43	of	of	ADP
cblr-1213	924	44	swing	swing	NOUN
cblr-1213	924	45	pricing	pricing	NOUN
cblr-1213	924	46	.	.	PUNCT
cblr-1213	925	1	in	in	ADP
cblr-1213	925	2	addition	addition	NOUN
cblr-1213	925	3	,	,	PUNCT
cblr-1213	925	4	as	as	SCONJ
cblr-1213	925	5	the	the	DET
cblr-1213	925	6	timeliness	timeliness	NOUN
cblr-1213	925	7	and	and	CCONJ
cblr-1213	925	8	accuracy	accuracy	NOUN
cblr-1213	925	9	of	of	ADP
cblr-1213	925	10	intraday	intraday	NOUN
cblr-1213	925	11	flow	flow	NOUN
cblr-1213	925	12	information	information	NOUN
cblr-1213	925	13	to	to	ADP
cblr-1213	925	14	a	a	DET
cblr-1213	925	15	fund	fund	NOUN
cblr-1213	925	16	depends	depend	VERB
cblr-1213	925	17	on	on	ADP
cblr-1213	925	18	the	the	DET
cblr-1213	925	19	intermediaries	intermediary	NOUN
cblr-1213	925	20	through	through	ADP
cblr-1213	925	21	which	which	PRON
cblr-1213	925	22	the	the	DET
cblr-1213	925	23	fund	fund	NOUN
cblr-1213	925	24	distributes	distribute	VERB
cblr-1213	925	25	its	its	PRON
cblr-1213	925	26	shares	share	NOUN
cblr-1213	925	27	,	,	PUNCT
cblr-1213	925	28	certain	certain	ADJ
cblr-1213	925	29	funds	fund	NOUN
cblr-1213	925	30	may	may	AUX
cblr-1213	925	31	benefit	benefit	VERB
cblr-1213	925	32	more	more	ADJ
cblr-1213	925	33	than	than	ADP
cblr-1213	925	34	others	other	NOUN
cblr-1213	925	35	to	to	ADP
cblr-1213	925	36	the	the	DET
cblr-1213	925	37	extent	extent	NOUN
cblr-1213	925	38	they	they	PRON
cblr-1213	925	39	use	use	VERB
cblr-1213	925	40	intermediaries	intermediary	NOUN
cblr-1213	925	41	that	that	PRON
cblr-1213	925	42	have	have	AUX
cblr-1213	925	43	developed	develop	VERB
cblr-1213	925	44	systems	system	NOUN
cblr-1213	925	45	to	to	PART
cblr-1213	925	46	address	address	VERB
cblr-1213	925	47	the	the	DET
cblr-1213	925	48	operational	operational	ADJ
cblr-1213	925	49	concerns	concern	NOUN
cblr-1213	925	50	associated	associate	VERB
cblr-1213	925	51	with	with	ADP
cblr-1213	925	52	swing	swing	NOUN
cblr-1213	925	53	pricing	pricing	NOUN
cblr-1213	925	54	or	or	CCONJ
cblr-1213	925	55	have	have	VERB
cblr-1213	925	56	large	large	ADJ
cblr-1213	925	57	numbers	number	NOUN
cblr-1213	925	58	of	of	ADP
cblr-1213	925	59	direct	direct	ADJ
cblr-1213	925	60	shareholders	shareholder	NOUN
cblr-1213	925	61	.	.	PUNCT
cblr-1213	925	62	”	"	PUNCT
cblr-1213	925	63	)	)	PUNCT
cblr-1213	925	64	.	.	PUNCT
cblr-1213	926	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	926	2	192	192	NUM
cblr-1213	926	3	columbia	columbia	PROPN
cblr-1213	926	4	business	business	NOUN
cblr-1213	926	5	law	law	PROPN
cblr-1213	926	6	review	review	NOUN
cblr-1213	926	7	[	[	X
cblr-1213	926	8	vol	vol	NOUN
cblr-1213	926	9	.	.	NOUN
cblr-1213	926	10	2018	2018	NUM
cblr-1213	926	11	funds	fund	NOUN
cblr-1213	926	12	to	to	PART
cblr-1213	926	13	effectively	effectively	ADV
cblr-1213	926	14	manage	manage	VERB
cblr-1213	926	15	liquidity	liquidity	NOUN
cblr-1213	926	16	and	and	CCONJ
cblr-1213	926	17	mitigate	mitigate	VERB
cblr-1213	926	18	dilution	dilution	NOUN
cblr-1213	926	19	for	for	ADP
cblr-1213	926	20	a	a	DET
cblr-1213	926	21	wide	wide	ADV
cblr-1213	926	22	-	-	PUNCT
cblr-1213	926	23	ranging	range	VERB
cblr-1213	926	24	set	set	NOUN
cblr-1213	926	25	of	of	ADP
cblr-1213	926	26	assets	asset	NOUN
cblr-1213	926	27	or	or	CCONJ
cblr-1213	926	28	circumstances	circumstance	NOUN
cblr-1213	926	29	.	.	PUNCT
cblr-1213	927	1	funds	fund	NOUN
cblr-1213	927	2	can	can	AUX
cblr-1213	927	3	not	not	PART
cblr-1213	927	4	use	use	VERB
cblr-1213	927	5	the	the	DET
cblr-1213	927	6	available	available	ADJ
cblr-1213	927	7	tools	tool	NOUN
cblr-1213	927	8	,	,	PUNCT
cblr-1213	927	9	over	over	ADP
cblr-1213	927	10	the	the	DET
cblr-1213	927	11	long	long	ADJ
cblr-1213	927	12	term	term	NOUN
cblr-1213	927	13	and	and	CCONJ
cblr-1213	927	14	on	on	ADP
cblr-1213	927	15	a	a	DET
cblr-1213	927	16	regular	regular	ADJ
cblr-1213	927	17	basis	basis	NOUN
cblr-1213	927	18	,	,	PUNCT
cblr-1213	927	19	without	without	ADP
cblr-1213	927	20	encountering	encounter	VERB
cblr-1213	927	21	reputational	reputational	ADJ
cblr-1213	927	22	,	,	PUNCT
cblr-1213	927	23	operational	operational	ADJ
cblr-1213	927	24	,	,	PUNCT
cblr-1213	927	25	and	and	CCONJ
cblr-1213	927	26	other	other	ADJ
cblr-1213	927	27	risks	risk	NOUN
cblr-1213	927	28	.	.	PUNCT
cblr-1213	928	1	a.	a.	NOUN
cblr-1213	928	2	purchase	purchase	NOUN
cblr-1213	928	3	and	and	CCONJ
cblr-1213	928	4	redemption	redemption	NOUN
cblr-1213	928	5	fees	fee	NOUN
cblr-1213	928	6	:	:	PUNCT
cblr-1213	928	7	overview	overview	NOUN
cblr-1213	928	8	&	&	CCONJ
cblr-1213	928	9	challenges	challenge	NOUN
cblr-1213	928	10	since	since	SCONJ
cblr-1213	928	11	2005	2005	NUM
cblr-1213	928	12	,	,	PUNCT
cblr-1213	928	13	mutual	mutual	ADJ
cblr-1213	928	14	funds	fund	NOUN
cblr-1213	928	15	can	can	AUX
cblr-1213	928	16	impose	impose	VERB
cblr-1213	928	17	a	a	DET
cblr-1213	928	18	redemption	redemption	NOUN
cblr-1213	928	19	fee	fee	NOUN
cblr-1213	928	20	,	,	PUNCT
cblr-1213	928	21	no	no	ADV
cblr-1213	928	22	greater	great	ADJ
cblr-1213	928	23	than	than	ADP
cblr-1213	928	24	two	two	NUM
cblr-1213	928	25	percent	percent	NOUN
cblr-1213	928	26	of	of	ADP
cblr-1213	928	27	the	the	DET
cblr-1213	928	28	redemption	redemption	NOUN
cblr-1213	928	29	amount	amount	NOUN
cblr-1213	928	30	,	,	PUNCT
cblr-1213	928	31	in	in	ADP
cblr-1213	928	32	certain	certain	ADJ
cblr-1213	928	33	situations.276	situations.276	PROPN
cblr-1213	928	34	a	a	DET
cblr-1213	928	35	fund	fund	NOUN
cblr-1213	928	36	retains	retain	VERB
cblr-1213	928	37	the	the	DET
cblr-1213	928	38	redemption	redemption	NOUN
cblr-1213	928	39	fee	fee	NOUN
cblr-1213	928	40	in	in	SCONJ
cblr-1213	928	41	order	order	NOUN
cblr-1213	928	42	to	to	PART
cblr-1213	928	43	recoup	recoup	VERB
cblr-1213	928	44	costs	cost	NOUN
cblr-1213	928	45	related	relate	VERB
cblr-1213	928	46	to	to	ADP
cblr-1213	928	47	the	the	DET
cblr-1213	928	48	shareholder	shareholder	NOUN
cblr-1213	928	49	redemption.277	redemption.277	NOUN
cblr-1213	928	50	purchase	purchase	NOUN
cblr-1213	928	51	and	and	CCONJ
cblr-1213	928	52	redemption	redemption	NOUN
cblr-1213	928	53	fees	fee	NOUN
cblr-1213	928	54	present	present	VERB
cblr-1213	928	55	alternative	alternative	ADJ
cblr-1213	928	56	anti	anti	ADJ
cblr-1213	928	57	-	-	ADJ
cblr-1213	928	58	dilution	dilution	NOUN
cblr-1213	928	59	and	and	CCONJ
cblr-1213	928	60	cost	cost	NOUN
cblr-1213	928	61	-	-	PUNCT
cblr-1213	928	62	shifting	shift	VERB
cblr-1213	928	63	devices	device	NOUN
cblr-1213	928	64	for	for	ADP
cblr-1213	928	65	mutual	mutual	ADJ
cblr-1213	928	66	funds	fund	NOUN
cblr-1213	928	67	.	.	PUNCT
cblr-1213	929	1	the	the	DET
cblr-1213	929	2	fees	fee	NOUN
cblr-1213	929	3	,	,	PUNCT
cblr-1213	929	4	perceived	perceive	VERB
cblr-1213	929	5	as	as	ADP
cblr-1213	929	6	“	"	PUNCT
cblr-1213	929	7	simpler	simple	ADJ
cblr-1213	929	8	”	"	PUNCT
cblr-1213	929	9	for	for	SCONJ
cblr-1213	929	10	investors	investor	NOUN
cblr-1213	929	11	to	to	PART
cblr-1213	929	12	understand	understand	VERB
cblr-1213	929	13	,	,	PUNCT
cblr-1213	929	14	face	face	VERB
cblr-1213	929	15	investors	investor	NOUN
cblr-1213	929	16	’	'	PUNCT
cblr-1213	929	17	unfavorable	unfavorable	ADJ
cblr-1213	929	18	perceptions	perception	NOUN
cblr-1213	929	19	and	and	CCONJ
cblr-1213	929	20	operational	operational	ADJ
cblr-1213	929	21	challenges.278	challenges.278	NOUN
cblr-1213	929	22	mutual	mutual	ADJ
cblr-1213	929	23	funds	fund	NOUN
cblr-1213	929	24	currently	currently	ADV
cblr-1213	929	25	impose	impose	VERB
cblr-1213	929	26	redemption	redemption	NOUN
cblr-1213	929	27	fees	fee	NOUN
cblr-1213	929	28	in	in	ADP
cblr-1213	929	29	limited	limited	ADJ
cblr-1213	929	30	scenarios	scenario	NOUN
cblr-1213	929	31	such	such	ADJ
cblr-1213	929	32	as	as	ADP
cblr-1213	929	33	to	to	PART
cblr-1213	929	34	“	"	PUNCT
cblr-1213	929	35	combat	combat	NOUN
cblr-1213	929	36	‘	'	PUNCT
cblr-1213	929	37	market	market	NOUN
cblr-1213	929	38	timing	timing	NOUN
cblr-1213	929	39	’	'	PUNCT
cblr-1213	929	40	as	as	ADP
cblr-1213	929	41	part	part	NOUN
cblr-1213	929	42	of	of	ADP
cblr-1213	929	43	‘	'	PUNCT
cblr-1213	929	44	frequent	frequent	ADJ
cblr-1213	929	45	trading	trading	NOUN
cblr-1213	929	46	policies	policy	NOUN
cblr-1213	929	47	.	.	PUNCT
cblr-1213	930	1	’”279	’”279	VERB
cblr-1213	930	2	further	far	ADV
cblr-1213	930	3	,	,	PUNCT
cblr-1213	930	4	disclosure	disclosure	NOUN
cblr-1213	930	5	and	and	CCONJ
cblr-1213	930	6	use	use	NOUN
cblr-1213	930	7	of	of	ADP
cblr-1213	930	8	a	a	DET
cblr-1213	930	9	purchase	purchase	NOUN
cblr-1213	930	10	or	or	CCONJ
cblr-1213	930	11	redemption	redemption	NOUN
cblr-1213	930	12	fee	fee	NOUN
cblr-1213	930	13	by	by	ADP
cblr-1213	930	14	a	a	DET
cblr-1213	930	15	fund	fund	NOUN
cblr-1213	930	16	often	often	ADV
cblr-1213	930	17	discourages	discourage	VERB
cblr-1213	930	18	shareholder	shareholder	NOUN
cblr-1213	930	19	investment.280	investment.280	PROPN
cblr-1213	930	20	mutual	mutual	ADJ
cblr-1213	930	21	fund	fund	NOUN
cblr-1213	930	22	industry	industry	NOUN
cblr-1213	930	23	representatives	representative	NOUN
cblr-1213	930	24	perceive	perceive	VERB
cblr-1213	930	25	redemption	redemption	NOUN
cblr-1213	930	26	fees	fee	NOUN
cblr-1213	930	27	as	as	ADP
cblr-1213	930	28	an	an	DET
cblr-1213	930	29	impediment	impediment	NOUN
cblr-1213	930	30	to	to	ADP
cblr-1213	930	31	both	both	DET
cblr-1213	930	32	marketing	marketing	NOUN
cblr-1213	930	33	efforts	effort	NOUN
cblr-1213	930	34	and	and	CCONJ
cblr-1213	930	35	having	have	VERB
cblr-1213	930	36	intermediaries	intermediary	NOUN
cblr-1213	930	37	offer	offer	VERB
cblr-1213	930	38	the	the	DET
cblr-1213	930	39	fund	fund	NOUN
cblr-1213	930	40	on	on	ADP
cblr-1213	930	41	its	its	PRON
cblr-1213	930	42	investment	investment	NOUN
cblr-1213	930	43	276	276	NUM
cblr-1213	930	44	swing	swing	NOUN
cblr-1213	930	45	pricing	pricing	NOUN
cblr-1213	930	46	proposed	propose	VERB
cblr-1213	930	47	rule	rule	NOUN
cblr-1213	930	48	,	,	PUNCT
cblr-1213	930	49	supra	supra	PROPN
cblr-1213	930	50	note	note	NOUN
cblr-1213	930	51	4	4	NUM
cblr-1213	930	52	,	,	PUNCT
cblr-1213	930	53	at	at	ADP
cblr-1213	930	54	62327	62327	NUM
cblr-1213	930	55	.	.	PUNCT
cblr-1213	931	1	277	277	NUM
cblr-1213	931	2	see	see	VERB
cblr-1213	931	3	sec	sec	PROPN
cblr-1213	931	4	,	,	PUNCT
cblr-1213	931	5	mutual	mutual	ADJ
cblr-1213	931	6	fund	fund	NOUN
cblr-1213	931	7	redemption	redemption	NOUN
cblr-1213	931	8	fees	fee	NOUN
cblr-1213	931	9	,	,	PUNCT
cblr-1213	931	10	investment	investment	NOUN
cblr-1213	931	11	company	company	NOUN
cblr-1213	931	12	act	act	VERB
cblr-1213	931	13	release	release	VERB
cblr-1213	931	14	no	no	DET
cblr-1213	931	15	.	.	NOUN
cblr-1213	931	16	26782	26782	NUM
cblr-1213	931	17	,	,	PUNCT
cblr-1213	931	18	70	70	NUM
cblr-1213	931	19	fr	fr	NOUN
cblr-1213	931	20	13328	13328	NUM
cblr-1213	931	21	.	.	PUNCT
cblr-1213	932	1	13341	13341	NUM
cblr-1213	932	2	(	(	PUNCT
cblr-1213	932	3	mar	mar	PROPN
cblr-1213	932	4	.	.	PROPN
cblr-1213	932	5	18	18	NUM
cblr-1213	932	6	,	,	PUNCT
cblr-1213	932	7	2005	2005	NUM
cblr-1213	932	8	)	)	PUNCT
cblr-1213	932	9	.	.	PUNCT
cblr-1213	933	1	the	the	DET
cblr-1213	933	2	redemption	redemption	NOUN
cblr-1213	933	3	fee	fee	NOUN
cblr-1213	933	4	may	may	AUX
cblr-1213	933	5	be	be	AUX
cblr-1213	933	6	no	no	ADV
cblr-1213	933	7	more	more	ADJ
cblr-1213	933	8	than	than	ADP
cblr-1213	933	9	two	two	NUM
cblr-1213	933	10	percent	percent	NOUN
cblr-1213	933	11	of	of	ADP
cblr-1213	933	12	the	the	DET
cblr-1213	933	13	value	value	NOUN
cblr-1213	933	14	of	of	ADP
cblr-1213	933	15	the	the	DET
cblr-1213	933	16	shares	share	NOUN
cblr-1213	933	17	redeemed	redeem	VERB
cblr-1213	933	18	.	.	PUNCT
cblr-1213	934	1	17	17	NUM
cblr-1213	934	2	c.f.r	c.f.r	NOUN
cblr-1213	934	3	.	.	PUNCT
cblr-1213	935	1	§	§	PROPN
cblr-1213	935	2	270.22c–2(a)(1)(i	270.22c–2(a)(1)(i	NUM
cblr-1213	935	3	)	)	PUNCT
cblr-1213	935	4	.	.	PUNCT
cblr-1213	936	1	rule	rule	NOUN
cblr-1213	936	2	22c–2	22c–2	NUM
cblr-1213	936	3	requires	require	VERB
cblr-1213	936	4	that	that	SCONJ
cblr-1213	936	5	each	each	DET
cblr-1213	936	6	fund	fund	NOUN
cblr-1213	936	7	’s	’s	PART
cblr-1213	936	8	board	board	NOUN
cblr-1213	936	9	of	of	ADP
cblr-1213	936	10	directors	director	NOUN
cblr-1213	936	11	(	(	PUNCT
cblr-1213	936	12	including	include	VERB
cblr-1213	936	13	a	a	DET
cblr-1213	936	14	majority	majority	NOUN
cblr-1213	936	15	of	of	ADP
cblr-1213	936	16	independent	independent	ADJ
cblr-1213	936	17	directors	director	NOUN
cblr-1213	936	18	)	)	PUNCT
cblr-1213	936	19	either	either	CCONJ
cblr-1213	936	20	(	(	PUNCT
cblr-1213	936	21	i	i	NOUN
cblr-1213	936	22	)	)	PUNCT
cblr-1213	936	23	approve	approve	VERB
cblr-1213	936	24	a	a	DET
cblr-1213	936	25	redemption	redemption	NOUN
cblr-1213	936	26	fee	fee	NOUN
cblr-1213	936	27	that	that	SCONJ
cblr-1213	936	28	in	in	ADP
cblr-1213	936	29	its	its	PRON
cblr-1213	936	30	judgment	judgment	NOUN
cblr-1213	936	31	is	be	AUX
cblr-1213	936	32	necessary	necessary	ADJ
cblr-1213	936	33	or	or	CCONJ
cblr-1213	936	34	appropriate	appropriate	ADJ
cblr-1213	936	35	to	to	PART
cblr-1213	936	36	recoup	recoup	VERB
cblr-1213	936	37	costs	cost	NOUN
cblr-1213	936	38	the	the	DET
cblr-1213	936	39	fund	fund	NOUN
cblr-1213	936	40	may	may	AUX
cblr-1213	936	41	incur	incur	VERB
cblr-1213	936	42	as	as	ADP
cblr-1213	936	43	a	a	DET
cblr-1213	936	44	result	result	NOUN
cblr-1213	936	45	of	of	ADP
cblr-1213	936	46	redemptions	redemption	NOUN
cblr-1213	936	47	,	,	PUNCT
cblr-1213	936	48	or	or	CCONJ
cblr-1213	936	49	to	to	PART
cblr-1213	936	50	otherwise	otherwise	ADV
cblr-1213	936	51	eliminate	eliminate	VERB
cblr-1213	936	52	or	or	CCONJ
cblr-1213	936	53	reduce	reduce	VERB
cblr-1213	936	54	dilution	dilution	NOUN
cblr-1213	936	55	of	of	ADP
cblr-1213	936	56	the	the	DET
cblr-1213	936	57	fund	fund	NOUN
cblr-1213	936	58	’s	’s	PART
cblr-1213	936	59	outstanding	outstanding	ADJ
cblr-1213	936	60	securities	security	NOUN
cblr-1213	936	61	,	,	PUNCT
cblr-1213	936	62	or	or	CCONJ
cblr-1213	936	63	(	(	PUNCT
cblr-1213	936	64	ii	ii	NOUN
cblr-1213	936	65	)	)	PUNCT
cblr-1213	936	66	determine	determine	VERB
cblr-1213	936	67	that	that	DET
cblr-1213	936	68	imposition	imposition	NOUN
cblr-1213	936	69	of	of	ADP
cblr-1213	936	70	a	a	DET
cblr-1213	936	71	redemption	redemption	NOUN
cblr-1213	936	72	fee	fee	NOUN
cblr-1213	936	73	is	be	AUX
cblr-1213	936	74	not	not	PART
cblr-1213	936	75	necessary	necessary	ADJ
cblr-1213	936	76	or	or	CCONJ
cblr-1213	936	77	appropriate	appropriate	ADJ
cblr-1213	936	78	.	.	PUNCT
cblr-1213	937	1	i	i	PRON
cblr-1213	937	2	d.	d.	PROPN
cblr-1213	937	3	278	278	NUM
cblr-1213	937	4	swing	swing	NOUN
cblr-1213	937	5	pricing	price	VERB
cblr-1213	937	6	first	first	ADJ
cblr-1213	937	7	proposal	proposal	NOUN
cblr-1213	937	8	,	,	PUNCT
cblr-1213	937	9	supra	supra	PROPN
cblr-1213	937	10	note	note	NOUN
cblr-1213	937	11	4	4	NUM
cblr-1213	937	12	,	,	PUNCT
cblr-1213	937	13	at	at	ADP
cblr-1213	937	14	62370	62370	NUM
cblr-1213	937	15	.	.	PUNCT
cblr-1213	938	1	see	see	VERB
cblr-1213	938	2	also	also	ADV
cblr-1213	938	3	final	final	ADJ
cblr-1213	938	4	rules	rule	NOUN
cblr-1213	938	5	,	,	PUNCT
cblr-1213	938	6	supra	supra	PROPN
cblr-1213	938	7	note	note	NOUN
cblr-1213	938	8	4	4	NUM
cblr-1213	938	9	,	,	PUNCT
cblr-1213	938	10	at	at	ADP
cblr-1213	938	11	82126	82126	NUM
cblr-1213	938	12	(	(	PUNCT
cblr-1213	938	13	distinguishing	distinguish	VERB
cblr-1213	938	14	redemption	redemption	NOUN
cblr-1213	938	15	fees	fee	NOUN
cblr-1213	938	16	and	and	CCONJ
cblr-1213	938	17	alternatives	alternative	NOUN
cblr-1213	938	18	from	from	ADP
cblr-1213	938	19	swing	swing	NOUN
cblr-1213	938	20	pricing	pricing	NOUN
cblr-1213	938	21	)	)	PUNCT
cblr-1213	938	22	.	.	PUNCT
cblr-1213	939	1	purchase	purchase	NOUN
cblr-1213	939	2	and	and	CCONJ
cblr-1213	939	3	redemption	redemption	NOUN
cblr-1213	939	4	fees	fee	NOUN
cblr-1213	939	5	might	might	AUX
cblr-1213	939	6	also	also	ADV
cblr-1213	939	7	avoid	avoid	VERB
cblr-1213	939	8	fees	fee	NOUN
cblr-1213	939	9	that	that	PRON
cblr-1213	939	10	would	would	AUX
cblr-1213	939	11	avoid	avoid	VERB
cblr-1213	939	12	the	the	DET
cblr-1213	939	13	nav	nav	NOUN
cblr-1213	939	14	volatility	volatility	NOUN
cblr-1213	939	15	and	and	CCONJ
cblr-1213	939	16	tracking	tracking	NOUN
cblr-1213	939	17	error	error	NOUN
cblr-1213	939	18	that	that	SCONJ
cblr-1213	939	19	they	they	PRON
cblr-1213	939	20	predict	predict	VERB
cblr-1213	939	21	will	will	AUX
cblr-1213	939	22	occur	occur	VERB
cblr-1213	939	23	with	with	ADP
cblr-1213	939	24	swing	swing	NOUN
cblr-1213	939	25	pricing	pricing	NOUN
cblr-1213	939	26	.	.	PUNCT
cblr-1213	940	1	279	279	NUM
cblr-1213	940	2	blackrock	blackrock	NOUN
cblr-1213	940	3	comment	comment	NOUN
cblr-1213	940	4	letter	letter	NOUN
cblr-1213	940	5	,	,	PUNCT
cblr-1213	940	6	supra	supra	PROPN
cblr-1213	940	7	note	note	NOUN
cblr-1213	940	8	189	189	NUM
cblr-1213	940	9	,	,	PUNCT
cblr-1213	940	10	at	at	ADP
cblr-1213	940	11	4	4	NUM
cblr-1213	940	12	.	.	NOUN
cblr-1213	940	13	280	280	NUM
cblr-1213	941	1	i	i	NOUN
cblr-1213	941	2	d.	d.	PROPN
cblr-1213	941	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	942	1	no	no	INTJ
cblr-1213	942	2	.	.	PUNCT
cblr-1213	943	1	1:130	1:130	NUM
cblr-1213	943	2	]	]	X
cblr-1213	943	3	will	will	AUX
cblr-1213	943	4	swing	swing	VERB
cblr-1213	943	5	pricing	pricing	NOUN
cblr-1213	943	6	save	save	VERB
cblr-1213	943	7	sedentary	sedentary	ADJ
cblr-1213	943	8	shareholders	shareholder	NOUN
cblr-1213	943	9	?	?	PUNCT
cblr-1213	944	1	193	193	NUM
cblr-1213	944	2	menu	menu	NOUN
cblr-1213	944	3	to	to	PART
cblr-1213	944	4	clients.281	clients.281	VERB
cblr-1213	944	5	the	the	DET
cblr-1213	944	6	existence	existence	NOUN
cblr-1213	944	7	of	of	ADP
cblr-1213	944	8	the	the	DET
cblr-1213	944	9	tool	tool	NOUN
cblr-1213	944	10	,	,	PUNCT
cblr-1213	944	11	but	but	CCONJ
cblr-1213	944	12	lack	lack	NOUN
cblr-1213	944	13	of	of	ADP
cblr-1213	944	14	deployment	deployment	NOUN
cblr-1213	944	15	to	to	PART
cblr-1213	944	16	combat	combat	VERB
cblr-1213	944	17	liquidity	liquidity	NOUN
cblr-1213	944	18	and	and	CCONJ
cblr-1213	944	19	dilution	dilution	NOUN
cblr-1213	944	20	concerns	concern	NOUN
cblr-1213	944	21	,	,	PUNCT
cblr-1213	944	22	mitigates	mitigate	VERB
cblr-1213	944	23	its	its	PRON
cblr-1213	944	24	viability	viability	NOUN
cblr-1213	944	25	as	as	ADP
cblr-1213	944	26	a	a	DET
cblr-1213	944	27	robust	robust	ADJ
cblr-1213	944	28	alternative	alternative	NOUN
cblr-1213	944	29	to	to	PART
cblr-1213	944	30	swing	swing	NOUN
cblr-1213	944	31	pricing	pricing	NOUN
cblr-1213	944	32	.	.	PUNCT
cblr-1213	945	1	one	one	NUM
cblr-1213	945	2	author	author	NOUN
cblr-1213	945	3	challenges	challenge	VERB
cblr-1213	945	4	the	the	DET
cblr-1213	945	5	sec	sec	PROPN
cblr-1213	945	6	’s	’s	PART
cblr-1213	945	7	claim	claim	NOUN
cblr-1213	945	8	that	that	SCONJ
cblr-1213	945	9	swing	swing	NOUN
cblr-1213	945	10	pricing	pricing	NOUN
cblr-1213	945	11	would	would	AUX
cblr-1213	945	12	be	be	AUX
cblr-1213	945	13	simpler	simple	ADJ
cblr-1213	945	14	to	to	PART
cblr-1213	945	15	implement	implement	VERB
cblr-1213	945	16	over	over	ADP
cblr-1213	945	17	redemption	redemption	NOUN
cblr-1213	945	18	fees	fee	NOUN
cblr-1213	945	19	because	because	SCONJ
cblr-1213	945	20	swing	swing	NOUN
cblr-1213	945	21	pricing	pricing	NOUN
cblr-1213	945	22	can	can	AUX
cblr-1213	945	23	be	be	AUX
cblr-1213	945	24	implemented	implement	VERB
cblr-1213	945	25	through	through	ADP
cblr-1213	945	26	changes	change	NOUN
cblr-1213	945	27	to	to	ADP
cblr-1213	945	28	the	the	DET
cblr-1213	945	29	fund	fund	NOUN
cblr-1213	945	30	’s	’s	PART
cblr-1213	945	31	policies	policy	NOUN
cblr-1213	945	32	and	and	CCONJ
cblr-1213	945	33	procedures	procedure	NOUN
cblr-1213	945	34	,	,	PUNCT
cblr-1213	945	35	whereas	whereas	SCONJ
cblr-1213	945	36	redemption	redemption	NOUN
cblr-1213	945	37	fees	fee	NOUN
cblr-1213	945	38	require	require	VERB
cblr-1213	945	39	changes	change	NOUN
cblr-1213	945	40	to	to	ADP
cblr-1213	945	41	the	the	DET
cblr-1213	945	42	intermediaries	intermediary	NOUN
cblr-1213	945	43	’	'	PUNCT
cblr-1213	945	44	systems.282	systems.282	PROPN
cblr-1213	945	45	not	not	PART
cblr-1213	945	46	calculated	calculate	VERB
cblr-1213	945	47	into	into	ADP
cblr-1213	945	48	the	the	DET
cblr-1213	945	49	sec	sec	PROPN
cblr-1213	945	50	’s	’s	PART
cblr-1213	945	51	position	position	NOUN
cblr-1213	945	52	is	be	AUX
cblr-1213	945	53	the	the	DET
cblr-1213	945	54	important	important	ADJ
cblr-1213	945	55	role	role	NOUN
cblr-1213	945	56	intermediaries	intermediary	NOUN
cblr-1213	945	57	play	play	VERB
cblr-1213	945	58	in	in	ADP
cblr-1213	945	59	making	make	VERB
cblr-1213	945	60	swing	swing	NOUN
cblr-1213	945	61	pricing	pricing	NOUN
cblr-1213	945	62	possible.283	possible.283	NOUN
cblr-1213	945	63	if	if	SCONJ
cblr-1213	945	64	intermediaries	intermediary	NOUN
cblr-1213	945	65	agree	agree	VERB
cblr-1213	945	66	to	to	ADP
cblr-1213	945	67	significant	significant	ADJ
cblr-1213	945	68	changes	change	NOUN
cblr-1213	945	69	in	in	ADP
cblr-1213	945	70	trading	trading	NOUN
cblr-1213	945	71	cut	cut	NOUN
cblr-1213	945	72	-	-	PUNCT
cblr-1213	945	73	off	off	ADP
cblr-1213	945	74	times	time	NOUN
cblr-1213	945	75	,	,	PUNCT
cblr-1213	945	76	they	they	PRON
cblr-1213	945	77	will	will	AUX
cblr-1213	945	78	necessarily	necessarily	ADV
cblr-1213	945	79	be	be	AUX
cblr-1213	945	80	required	require	VERB
cblr-1213	945	81	to	to	PART
cblr-1213	945	82	implement	implement	VERB
cblr-1213	945	83	such	such	ADJ
cblr-1213	945	84	changes	change	NOUN
cblr-1213	945	85	within	within	ADP
cblr-1213	945	86	their	their	PRON
cblr-1213	945	87	systems	system	NOUN
cblr-1213	945	88	,	,	PUNCT
cblr-1213	945	89	as	as	ADV
cblr-1213	945	90	well	well	ADV
cblr-1213	945	91	as	as	ADP
cblr-1213	945	92	undertake	undertake	VERB
cblr-1213	945	93	the	the	DET
cblr-1213	945	94	arduous	arduous	ADJ
cblr-1213	945	95	and	and	CCONJ
cblr-1213	945	96	unpleasant	unpleasant	ADJ
cblr-1213	945	97	task	task	NOUN
cblr-1213	945	98	of	of	ADP
cblr-1213	945	99	communicating	communicate	VERB
cblr-1213	945	100	the	the	DET
cblr-1213	945	101	significant	significant	ADJ
cblr-1213	945	102	changes	change	NOUN
cblr-1213	945	103	to	to	ADP
cblr-1213	945	104	their	their	PRON
cblr-1213	945	105	clients	client	NOUN
cblr-1213	945	106	who	who	PRON
cblr-1213	945	107	purchase	purchase	VERB
cblr-1213	945	108	funds	fund	NOUN
cblr-1213	945	109	through	through	ADP
cblr-1213	945	110	their	their	PRON
cblr-1213	945	111	platforms	platform	NOUN
cblr-1213	945	112	.	.	PUNCT
cblr-1213	946	1	b.	b.	PROPN
cblr-1213	946	2	in	in	ADP
cblr-1213	946	3	-	-	PUNCT
cblr-1213	946	4	kind	kind	NOUN
cblr-1213	946	5	redemptions	redemption	NOUN
cblr-1213	946	6	:	:	PUNCT
cblr-1213	946	7	overview	overview	NOUN
cblr-1213	946	8	&	&	CCONJ
cblr-1213	946	9	challenges	challenge	VERB
cblr-1213	946	10	many	many	ADJ
cblr-1213	946	11	funds	fund	NOUN
cblr-1213	946	12	reserve	reserve	VERB
cblr-1213	946	13	the	the	DET
cblr-1213	946	14	right	right	NOUN
cblr-1213	946	15	to	to	PART
cblr-1213	946	16	utilize	utilize	VERB
cblr-1213	946	17	in	in	ADP
cblr-1213	946	18	-	-	PUNCT
cblr-1213	946	19	kind	kind	NOUN
cblr-1213	946	20	redemptions	redemption	NOUN
cblr-1213	946	21	to	to	PART
cblr-1213	946	22	facilitate	facilitate	VERB
cblr-1213	946	23	the	the	DET
cblr-1213	946	24	need	need	NOUN
cblr-1213	946	25	for	for	ADP
cblr-1213	946	26	liquidity	liquidity	NOUN
cblr-1213	946	27	as	as	ADP
cblr-1213	946	28	a	a	DET
cblr-1213	946	29	result	result	NOUN
cblr-1213	946	30	of	of	ADP
cblr-1213	946	31	a	a	DET
cblr-1213	946	32	significant	significant	ADJ
cblr-1213	946	33	redemption	redemption	NOUN
cblr-1213	946	34	or	or	CCONJ
cblr-1213	946	35	other	other	ADJ
cblr-1213	946	36	extraordinary	extraordinary	ADJ
cblr-1213	946	37	circumstances.284	circumstances.284	PROPN
cblr-1213	946	38	a	a	DET
cblr-1213	946	39	fund	fund	NOUN
cblr-1213	946	40	may	may	AUX
cblr-1213	946	41	send	send	VERB
cblr-1213	946	42	a	a	DET
cblr-1213	946	43	pro	pro	ADJ
cblr-1213	946	44	-	-	ADJ
cblr-1213	946	45	rata	rata	ADJ
cblr-1213	946	46	portion	portion	NOUN
cblr-1213	946	47	of	of	ADP
cblr-1213	946	48	its	its	PRON
cblr-1213	946	49	own	own	ADJ
cblr-1213	946	50	portfolio	portfolio	NOUN
cblr-1213	946	51	securities	security	NOUN
cblr-1213	946	52	to	to	ADP
cblr-1213	946	53	a	a	DET
cblr-1213	946	54	redeeming	redeem	VERB
cblr-1213	946	55	shareholder	shareholder	NOUN
cblr-1213	946	56	instead	instead	ADV
cblr-1213	946	57	of	of	ADP
cblr-1213	946	58	cash	cash	NOUN
cblr-1213	946	59	proceeds	proceed	NOUN
cblr-1213	946	60	in	in	ADP
cblr-1213	946	61	a	a	DET
cblr-1213	946	62	time	time	NOUN
cblr-1213	946	63	of	of	ADP
cblr-1213	946	64	extraordinary	extraordinary	ADJ
cblr-1213	946	65	circumstances	circumstance	NOUN
cblr-1213	946	66	as	as	ADP
cblr-1213	946	67	a	a	DET
cblr-1213	946	68	way	way	NOUN
cblr-1213	946	69	to	to	PART
cblr-1213	946	70	mitigate	mitigate	VERB
cblr-1213	946	71	liquidity	liquidity	NOUN
cblr-1213	946	72	costs	cost	NOUN
cblr-1213	946	73	to	to	ADP
cblr-1213	946	74	remaining	remain	VERB
cblr-1213	946	75	shareholders.285	shareholders.285	PROPN
cblr-1213	946	76	the	the	DET
cblr-1213	946	77	fund	fund	NOUN
cblr-1213	946	78	must	must	AUX
cblr-1213	946	79	not	not	PART
cblr-1213	946	80	favor	favor	VERB
cblr-1213	946	81	281	281	NUM
cblr-1213	946	82	holly	holly	ADV
cblr-1213	946	83	van	van	PROPN
cblr-1213	946	84	den	den	PROPN
cblr-1213	946	85	toorn	toorn	NOUN
cblr-1213	946	86	observed	observe	VERB
cblr-1213	946	87	in	in	ADP
cblr-1213	946	88	her	her	PRON
cblr-1213	946	89	role	role	NOUN
cblr-1213	946	90	in	in	ADP
cblr-1213	946	91	the	the	DET
cblr-1213	946	92	mutual	mutual	ADJ
cblr-1213	946	93	fund	fund	NOUN
cblr-1213	946	94	industry	industry	NOUN
cblr-1213	946	95	that	that	PRON
cblr-1213	946	96	redemption	redemption	NOUN
cblr-1213	946	97	fees	fee	NOUN
cblr-1213	946	98	are	be	AUX
cblr-1213	946	99	viewed	view	VERB
cblr-1213	946	100	unfavorably	unfavorably	ADV
cblr-1213	946	101	by	by	ADP
cblr-1213	946	102	intermediaries	intermediary	NOUN
cblr-1213	946	103	and	and	CCONJ
cblr-1213	946	104	shareholders	shareholder	NOUN
cblr-1213	946	105	.	.	PUNCT
cblr-1213	947	1	282	282	NUM
cblr-1213	947	2	see	see	VERB
cblr-1213	947	3	swing	swing	NOUN
cblr-1213	947	4	pricing	price	VERB
cblr-1213	947	5	first	first	ADJ
cblr-1213	947	6	proposal	proposal	NOUN
cblr-1213	947	7	,	,	PUNCT
cblr-1213	947	8	supra	supra	PROPN
cblr-1213	947	9	note	note	NOUN
cblr-1213	947	10	4	4	NUM
cblr-1213	947	11	,	,	PUNCT
cblr-1213	947	12	at	at	ADP
cblr-1213	947	13	627–29	627–29	NUM
cblr-1213	947	14	(	(	PUNCT
cblr-1213	947	15	discussing	discuss	VERB
cblr-1213	947	16	implementation	implementation	NOUN
cblr-1213	947	17	barriers	barrier	NOUN
cblr-1213	947	18	)	)	PUNCT
cblr-1213	947	19	.	.	PUNCT
cblr-1213	948	1	283	283	NUM
cblr-1213	948	2	see	see	VERB
cblr-1213	948	3	infra	infra	NOUN
cblr-1213	948	4	section	section	NOUN
cblr-1213	948	5	iv.b.1.a	iv.b.1.a	X
cblr-1213	948	6	.	.	NOUN
cblr-1213	948	7	284	284	NUM
cblr-1213	948	8	final	final	ADJ
cblr-1213	948	9	rules	rule	NOUN
cblr-1213	948	10	,	,	PUNCT
cblr-1213	948	11	supra	supra	PROPN
cblr-1213	948	12	note	note	NOUN
cblr-1213	948	13	4	4	NUM
cblr-1213	948	14	,	,	PUNCT
cblr-1213	948	15	at	at	ADP
cblr-1213	948	16	82087	82087	NUM
cblr-1213	948	17	(	(	PUNCT
cblr-1213	948	18	discussing	discuss	VERB
cblr-1213	948	19	in	in	ADP
cblr-1213	948	20	-	-	PUNCT
cblr-1213	948	21	kind	kind	NOUN
cblr-1213	948	22	redemptions	redemption	NOUN
cblr-1213	948	23	)	)	PUNCT
cblr-1213	948	24	.	.	PUNCT
cblr-1213	949	1	285	285	NUM
cblr-1213	949	2	definitions	definition	NOUN
cblr-1213	949	3	;	;	PUNCT
cblr-1213	949	4	applicability	applicability	NOUN
cblr-1213	949	5	;	;	PUNCT
cblr-1213	949	6	rulemaking	rulemake	VERB
cblr-1213	949	7	considerations	consideration	NOUN
cblr-1213	949	8	,	,	PUNCT
cblr-1213	949	9	15	15	NUM
cblr-1213	949	10	u.s.c	u.s.c	NOUN
cblr-1213	949	11	.	.	PUNCT
cblr-1213	950	1	§	§	PROPN
cblr-1213	950	2	80a-2	80a-2	NUM
cblr-1213	950	3	(	(	PUNCT
cblr-1213	950	4	“	"	PUNCT
cblr-1213	950	5	‘	'	PUNCT
cblr-1213	950	6	redeemable	redeemable	ADJ
cblr-1213	950	7	security	security	NOUN
cblr-1213	950	8	’	'	PUNCT
cblr-1213	950	9	means	mean	VERB
cblr-1213	950	10	any	any	DET
cblr-1213	950	11	security	security	NOUN
cblr-1213	950	12	,	,	PUNCT
cblr-1213	950	13	other	other	ADJ
cblr-1213	950	14	than	than	ADP
cblr-1213	950	15	short	short	ADJ
cblr-1213	950	16	-	-	PUNCT
cblr-1213	950	17	term	term	NOUN
cblr-1213	950	18	paper	paper	NOUN
cblr-1213	950	19	,	,	PUNCT
cblr-1213	950	20	under	under	ADP
cblr-1213	950	21	the	the	DET
cblr-1213	950	22	terms	term	NOUN
cblr-1213	950	23	of	of	ADP
cblr-1213	950	24	which	which	PRON
cblr-1213	950	25	the	the	DET
cblr-1213	950	26	holder	holder	NOUN
cblr-1213	950	27	,	,	PUNCT
cblr-1213	950	28	upon	upon	SCONJ
cblr-1213	950	29	its	its	PRON
cblr-1213	950	30	presentation	presentation	NOUN
cblr-1213	950	31	to	to	ADP
cblr-1213	950	32	the	the	DET
cblr-1213	950	33	issuer	issuer	NOUN
cblr-1213	950	34	or	or	CCONJ
cblr-1213	950	35	to	to	ADP
cblr-1213	950	36	a	a	DET
cblr-1213	950	37	person	person	NOUN
cblr-1213	950	38	designated	designate	VERB
cblr-1213	950	39	by	by	ADP
cblr-1213	950	40	the	the	DET
cblr-1213	950	41	issuer	issuer	NOUN
cblr-1213	950	42	,	,	PUNCT
cblr-1213	950	43	is	be	AUX
cblr-1213	950	44	entitled	entitle	VERB
cblr-1213	950	45	.	.	PUNCT
cblr-1213	950	46	.	.	PUNCT
cblr-1213	950	47	.	.	PUNCT
cblr-1213	951	1	to	to	PART
cblr-1213	951	2	receive	receive	VERB
cblr-1213	951	3	approximately	approximately	ADV
cblr-1213	951	4	his	his	PRON
cblr-1213	951	5	proportionate	proportionate	ADJ
cblr-1213	951	6	share	share	NOUN
cblr-1213	951	7	of	of	ADP
cblr-1213	951	8	the	the	DET
cblr-1213	951	9	issuer	issuer	NOUN
cblr-1213	951	10	’s	’s	PART
cblr-1213	951	11	current	current	ADJ
cblr-1213	951	12	net	net	ADJ
cblr-1213	951	13	assets	asset	NOUN
cblr-1213	951	14	,	,	PUNCT
cblr-1213	951	15	or	or	CCONJ
cblr-1213	951	16	the	the	DET
cblr-1213	951	17	cash	cash	NOUN
cblr-1213	951	18	equivalent	equivalent	NOUN
cblr-1213	951	19	thereof	thereof	ADV
cblr-1213	951	20	.	.	PUNCT
cblr-1213	951	21	”	"	PUNCT
cblr-1213	951	22	)	)	PUNCT
cblr-1213	951	23	.	.	PUNCT
cblr-1213	952	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	952	2	194	194	NUM
cblr-1213	952	3	columbia	columbia	PROPN
cblr-1213	952	4	business	business	NOUN
cblr-1213	952	5	law	law	PROPN
cblr-1213	952	6	review	review	NOUN
cblr-1213	952	7	[	[	X
cblr-1213	952	8	vol	vol	NOUN
cblr-1213	952	9	.	.	NOUN
cblr-1213	953	1	2018	2018	NUM
cblr-1213	953	2	one	one	NUM
cblr-1213	953	3	shareholder	shareholder	NOUN
cblr-1213	953	4	over	over	ADP
cblr-1213	953	5	another	another	PRON
cblr-1213	953	6	by	by	ADP
cblr-1213	953	7	sending	send	VERB
cblr-1213	953	8	u.s	u.s	PROPN
cblr-1213	953	9	.	.	PROPN
cblr-1213	953	10	treasuries	treasury	NOUN
cblr-1213	953	11	,	,	PUNCT
cblr-1213	953	12	which	which	PRON
cblr-1213	953	13	are	be	AUX
cblr-1213	953	14	perceived	perceive	VERB
cblr-1213	953	15	as	as	ADP
cblr-1213	953	16	stable	stable	ADJ
cblr-1213	953	17	and	and	CCONJ
cblr-1213	953	18	safe	safe	ADJ
cblr-1213	953	19	investments	investment	NOUN
cblr-1213	953	20	,	,	PUNCT
cblr-1213	953	21	while	while	SCONJ
cblr-1213	953	22	it	it	PRON
cblr-1213	953	23	sends	send	VERB
cblr-1213	953	24	riskier	risky	ADJ
cblr-1213	953	25	investments	investment	NOUN
cblr-1213	953	26	to	to	ADP
cblr-1213	953	27	another	another	DET
cblr-1213	953	28	shareholder.286	shareholder.286	VERB
cblr-1213	953	29	a	a	DET
cblr-1213	953	30	fund	fund	NOUN
cblr-1213	953	31	must	must	AUX
cblr-1213	953	32	send	send	VERB
cblr-1213	953	33	a	a	DET
cblr-1213	953	34	pro	pro	ADJ
cblr-1213	953	35	-	-	ADJ
cblr-1213	953	36	rata	rata	ADJ
cblr-1213	953	37	portion	portion	NOUN
cblr-1213	953	38	of	of	ADP
cblr-1213	953	39	its	its	PRON
cblr-1213	953	40	redeemable	redeemable	NOUN
cblr-1213	953	41	portfolio	portfolio	NOUN
cblr-1213	953	42	securities	security	NOUN
cblr-1213	953	43	to	to	ADP
cblr-1213	953	44	eligible	eligible	ADJ
cblr-1213	953	45	investors	investor	NOUN
cblr-1213	953	46	when	when	SCONJ
cblr-1213	953	47	it	it	PRON
cblr-1213	953	48	does	do	VERB
cblr-1213	953	49	so.287	so.287	PROPN
cblr-1213	953	50	while	while	SCONJ
cblr-1213	953	51	it	it	PRON
cblr-1213	953	52	is	be	AUX
cblr-1213	953	53	uncommon	uncommon	ADJ
cblr-1213	953	54	to	to	PART
cblr-1213	953	55	process	process	VERB
cblr-1213	953	56	in	in	ADP
cblr-1213	953	57	-	-	PUNCT
cblr-1213	953	58	kind	kind	NOUN
cblr-1213	954	1	redemptions,288	redemptions,288	ADV
cblr-1213	955	1	it	it	PRON
cblr-1213	955	2	can	can	AUX
cblr-1213	955	3	be	be	AUX
cblr-1213	955	4	done	do	VERB
cblr-1213	955	5	when	when	SCONJ
cblr-1213	955	6	a	a	DET
cblr-1213	955	7	fund	fund	NOUN
cblr-1213	955	8	and	and	CCONJ
cblr-1213	955	9	its	its	PRON
cblr-1213	955	10	remaining	remain	VERB
cblr-1213	955	11	shareholders	shareholder	NOUN
cblr-1213	955	12	would	would	AUX
cblr-1213	955	13	be	be	AUX
cblr-1213	955	14	harmed	harm	VERB
cblr-1213	955	15	significantly	significantly	ADV
cblr-1213	955	16	if	if	SCONJ
cblr-1213	955	17	it	it	PRON
cblr-1213	955	18	sold	sell	VERB
cblr-1213	955	19	securities	security	NOUN
cblr-1213	955	20	at	at	ADP
cblr-1213	955	21	steep	steep	ADJ
cblr-1213	955	22	discounts	discount	NOUN
cblr-1213	955	23	because	because	SCONJ
cblr-1213	955	24	of	of	ADP
cblr-1213	955	25	market	market	NOUN
cblr-1213	955	26	volatility	volatility	NOUN
cblr-1213	955	27	or	or	CCONJ
cblr-1213	955	28	stress	stress	NOUN
cblr-1213	955	29	.	.	PUNCT
cblr-1213	956	1	alternatively	alternatively	ADV
cblr-1213	956	2	,	,	PUNCT
cblr-1213	956	3	funds	fund	NOUN
cblr-1213	956	4	can	can	AUX
cblr-1213	956	5	use	use	VERB
cblr-1213	956	6	redemptions	redemption	NOUN
cblr-1213	956	7	in	in	ADP
cblr-1213	956	8	-	-	PUNCT
cblr-1213	956	9	kind	kind	NOUN
cblr-1213	956	10	as	as	ADP
cblr-1213	956	11	a	a	DET
cblr-1213	956	12	method	method	NOUN
cblr-1213	956	13	of	of	ADP
cblr-1213	956	14	tax	tax	NOUN
cblr-1213	956	15	management	management	NOUN
cblr-1213	956	16	.	.	PUNCT
cblr-1213	957	1	if	if	SCONJ
cblr-1213	957	2	a	a	DET
cblr-1213	957	3	fund	fund	NOUN
cblr-1213	957	4	holds	hold	VERB
cblr-1213	957	5	securities	security	NOUN
cblr-1213	957	6	that	that	PRON
cblr-1213	957	7	have	have	AUX
cblr-1213	957	8	significantly	significantly	ADV
cblr-1213	957	9	appreciated	appreciate	VERB
cblr-1213	957	10	since	since	SCONJ
cblr-1213	957	11	purchase	purchase	NOUN
cblr-1213	957	12	,	,	PUNCT
cblr-1213	957	13	selling	sell	VERB
cblr-1213	957	14	the	the	DET
cblr-1213	957	15	security	security	NOUN
cblr-1213	957	16	would	would	AUX
cblr-1213	957	17	cause	cause	VERB
cblr-1213	957	18	the	the	DET
cblr-1213	957	19	fund	fund	NOUN
cblr-1213	957	20	to	to	PART
cblr-1213	957	21	incur	incur	VERB
cblr-1213	957	22	a	a	DET
cblr-1213	957	23	realized	realize	VERB
cblr-1213	957	24	capital	capital	NOUN
cblr-1213	957	25	gain.289	gain.289	PROPN
cblr-1213	957	26	annually	annually	ADV
cblr-1213	957	27	,	,	PUNCT
cblr-1213	957	28	realized	realize	VERB
cblr-1213	957	29	capitals	capital	NOUN
cblr-1213	957	30	gains	gain	NOUN
cblr-1213	957	31	distributions	distribution	NOUN
cblr-1213	957	32	are	be	AUX
cblr-1213	957	33	made	make	VERB
cblr-1213	957	34	to	to	PART
cblr-1213	957	35	fund	fund	VERB
cblr-1213	957	36	shareholders	shareholder	NOUN
cblr-1213	957	37	after	after	ADP
cblr-1213	957	38	being	be	AUX
cblr-1213	957	39	off	off	ADV
cblr-1213	957	40	-	-	PUNCT
cblr-1213	957	41	set	set	VERB
cblr-1213	957	42	by	by	ADP
cblr-1213	957	43	any	any	DET
cblr-1213	957	44	capital	capital	NOUN
cblr-1213	957	45	losses	loss	NOUN
cblr-1213	957	46	the	the	DET
cblr-1213	957	47	fund	fund	NOUN
cblr-1213	957	48	realized	realize	VERB
cblr-1213	957	49	during	during	ADP
cblr-1213	957	50	the	the	DET
cblr-1213	957	51	year.290	year.290	PROPN
cblr-1213	957	52	capital	capital	NOUN
cblr-1213	957	53	gains	gain	NOUN
cblr-1213	957	54	distributions	distribution	NOUN
cblr-1213	957	55	are	be	AUX
cblr-1213	957	56	taxable	taxable	ADJ
cblr-1213	957	57	income	income	NOUN
cblr-1213	957	58	to	to	ADP
cblr-1213	957	59	shareholders	shareholder	NOUN
cblr-1213	957	60	,	,	PUNCT
cblr-1213	957	61	and	and	CCONJ
cblr-1213	957	62	particularly	particularly	ADV
cblr-1213	957	63	in	in	ADP
cblr-1213	957	64	a	a	DET
cblr-1213	957	65	taxadvantaged	taxadvantage	VERB
cblr-1213	957	66	fund	fund	NOUN
cblr-1213	957	67	,	,	PUNCT
cblr-1213	957	68	routine	routine	ADJ
cblr-1213	957	69	capital	capital	NOUN
cblr-1213	957	70	gains	gain	NOUN
cblr-1213	957	71	distributions	distribution	NOUN
cblr-1213	957	72	would	would	AUX
cblr-1213	957	73	be	be	AUX
cblr-1213	957	74	problematic	problematic	ADJ
cblr-1213	957	75	for	for	ADP
cblr-1213	957	76	the	the	DET
cblr-1213	957	77	fund	fund	NOUN
cblr-1213	957	78	as	as	ADV
cblr-1213	957	79	well	well	ADV
cblr-1213	957	80	as	as	ADP
cblr-1213	957	81	for	for	ADP
cblr-1213	957	82	shareholders.291	shareholders.291	ADJ
cblr-1213	957	83	286	286	NUM
cblr-1213	957	84	holly	holly	NOUN
cblr-1213	957	85	van	van	PROPN
cblr-1213	957	86	den	den	PROPN
cblr-1213	957	87	toorn	toorn	NOUN
cblr-1213	957	88	raises	raise	VERB
cblr-1213	957	89	the	the	DET
cblr-1213	957	90	cherry	cherry	NOUN
cblr-1213	957	91	-	-	PUNCT
cblr-1213	957	92	picking	pick	VERB
cblr-1213	957	93	scenarios	scenario	NOUN
cblr-1213	957	94	as	as	ADP
cblr-1213	957	95	a	a	DET
cblr-1213	957	96	possibility	possibility	NOUN
cblr-1213	957	97	and	and	CCONJ
cblr-1213	957	98	notes	note	VERB
cblr-1213	957	99	the	the	DET
cblr-1213	957	100	importance	importance	NOUN
cblr-1213	957	101	of	of	ADP
cblr-1213	957	102	policies	policy	NOUN
cblr-1213	957	103	and	and	CCONJ
cblr-1213	957	104	procedures	procedure	NOUN
cblr-1213	957	105	to	to	PART
cblr-1213	957	106	protect	protect	VERB
cblr-1213	957	107	the	the	DET
cblr-1213	957	108	pro	pro	ADJ
cblr-1213	957	109	rata	rata	ADJ
cblr-1213	957	110	portion	portion	NOUN
cblr-1213	957	111	of	of	ADP
cblr-1213	957	112	each	each	DET
cblr-1213	957	113	security	security	NOUN
cblr-1213	957	114	.	.	PUNCT
cblr-1213	958	1	287	287	NUM
cblr-1213	958	2	see	see	VERB
cblr-1213	958	3	kenneth	kenneth	PROPN
cblr-1213	958	4	c.	c.	PROPN
cblr-1213	958	5	fang	fang	PROPN
cblr-1213	958	6	,	,	PUNCT
cblr-1213	958	7	sec	sec	PROPN
cblr-1213	958	8	no	no	DET
cblr-1213	958	9	-	-	PUNCT
cblr-1213	958	10	action	action	NOUN
cblr-1213	958	11	letter	letter	NOUN
cblr-1213	958	12	,	,	PUNCT
cblr-1213	958	13	2005	2005	NUM
cblr-1213	958	14	wl	wl	PROPN
cblr-1213	958	15	3601654	3601654	NUM
cblr-1213	958	16	(	(	PUNCT
cblr-1213	958	17	dec	dec	PROPN
cblr-1213	958	18	.	.	PROPN
cblr-1213	958	19	21	21	NUM
cblr-1213	958	20	,	,	PUNCT
cblr-1213	958	21	2005	2005	NUM
cblr-1213	958	22	)	)	PUNCT
cblr-1213	958	23	(	(	PUNCT
cblr-1213	958	24	ge	ge	PROPN
cblr-1213	958	25	institutional	institutional	ADJ
cblr-1213	958	26	funds	fund	NOUN
cblr-1213	958	27	requests	request	NOUN
cblr-1213	958	28	,	,	PUNCT
cblr-1213	958	29	and	and	CCONJ
cblr-1213	958	30	the	the	DET
cblr-1213	958	31	sec	sec	PROPN
cblr-1213	958	32	provides	provide	VERB
cblr-1213	958	33	,	,	PUNCT
cblr-1213	958	34	noaction	noaction	NOUN
cblr-1213	958	35	relief	relief	NOUN
cblr-1213	958	36	where	where	SCONJ
cblr-1213	958	37	ge	ge	PROPN
cblr-1213	958	38	proposes	propose	VERB
cblr-1213	958	39	in	in	ADP
cblr-1213	958	40	-	-	PUNCT
cblr-1213	958	41	kind	kind	NOUN
cblr-1213	958	42	procedures	procedure	NOUN
cblr-1213	958	43	including	include	VERB
cblr-1213	958	44	pro	pro	ADJ
cblr-1213	958	45	-	-	ADJ
cblr-1213	958	46	rata	rata	ADJ
cblr-1213	958	47	distribution	distribution	NOUN
cblr-1213	958	48	)	)	PUNCT
cblr-1213	958	49	.	.	PUNCT
cblr-1213	959	1	this	this	DET
cblr-1213	959	2	no	no	DET
cblr-1213	959	3	-	-	PUNCT
cblr-1213	959	4	action	action	NOUN
cblr-1213	959	5	letter	letter	NOUN
cblr-1213	959	6	is	be	AUX
cblr-1213	959	7	guidance	guidance	NOUN
cblr-1213	959	8	for	for	ADP
cblr-1213	959	9	other	other	ADJ
cblr-1213	959	10	mutual	mutual	ADJ
cblr-1213	959	11	funds	fund	NOUN
cblr-1213	959	12	implementing	implement	VERB
cblr-1213	959	13	similar	similar	ADJ
cblr-1213	959	14	in	in	ADP
cblr-1213	959	15	-	-	PUNCT
cblr-1213	959	16	kind	kind	NOUN
cblr-1213	959	17	transaction	transaction	NOUN
cblr-1213	959	18	procedures	procedure	NOUN
cblr-1213	959	19	.	.	PUNCT
cblr-1213	960	1	288	288	NUM
cblr-1213	960	2	the	the	DET
cblr-1213	960	3	use	use	NOUN
cblr-1213	960	4	of	of	ADP
cblr-1213	960	5	in	in	ADP
cblr-1213	960	6	-	-	PUNCT
cblr-1213	960	7	kind	kind	NOUN
cblr-1213	960	8	redemption	redemption	NOUN
cblr-1213	960	9	is	be	AUX
cblr-1213	960	10	considered	consider	VERB
cblr-1213	960	11	uncommon	uncommon	ADJ
cblr-1213	960	12	,	,	PUNCT
cblr-1213	960	13	but	but	CCONJ
cblr-1213	960	14	in	in	ADP
cblr-1213	960	15	truth	truth	NOUN
cblr-1213	960	16	,	,	PUNCT
cblr-1213	960	17	there	there	PRON
cblr-1213	960	18	is	be	VERB
cblr-1213	960	19	little	little	ADJ
cblr-1213	960	20	transparency	transparency	NOUN
cblr-1213	960	21	into	into	ADP
cblr-1213	960	22	the	the	DET
cblr-1213	960	23	process	process	NOUN
cblr-1213	960	24	.	.	PUNCT
cblr-1213	961	1	it	it	PRON
cblr-1213	961	2	is	be	AUX
cblr-1213	961	3	difficult	difficult	ADJ
cblr-1213	961	4	to	to	PART
cblr-1213	961	5	track	track	VERB
cblr-1213	961	6	this	this	DET
cblr-1213	961	7	tool	tool	NOUN
cblr-1213	961	8	’s	’s	PART
cblr-1213	961	9	usage	usage	NOUN
cblr-1213	961	10	because	because	SCONJ
cblr-1213	961	11	in	in	ADP
cblr-1213	961	12	-	-	PUNCT
cblr-1213	961	13	kind	kind	NOUN
cblr-1213	961	14	redemptions	redemption	NOUN
cblr-1213	961	15	are	be	AUX
cblr-1213	961	16	typically	typically	ADV
cblr-1213	961	17	processed	process	VERB
cblr-1213	961	18	through	through	ADP
cblr-1213	961	19	the	the	DET
cblr-1213	961	20	nscc	nscc	NOUN
cblr-1213	961	21	with	with	ADP
cblr-1213	961	22	all	all	DET
cblr-1213	961	23	other	other	ADJ
cblr-1213	961	24	trading	trading	NOUN
cblr-1213	961	25	,	,	PUNCT
cblr-1213	961	26	also	also	ADV
cblr-1213	961	27	making	make	VERB
cblr-1213	961	28	it	it	PRON
cblr-1213	961	29	difficult	difficult	ADJ
cblr-1213	961	30	to	to	PART
cblr-1213	961	31	process	process	VERB
cblr-1213	961	32	due	due	ADJ
cblr-1213	961	33	to	to	ADP
cblr-1213	961	34	high	high	ADJ
cblr-1213	961	35	volumes	volume	NOUN
cblr-1213	961	36	of	of	ADP
cblr-1213	961	37	regular	regular	ADJ
cblr-1213	961	38	market	market	NOUN
cblr-1213	961	39	trades	trade	NOUN
cblr-1213	961	40	processing	processing	NOUN
cblr-1213	961	41	at	at	ADP
cblr-1213	961	42	the	the	DET
cblr-1213	961	43	same	same	ADJ
cblr-1213	961	44	time	time	NOUN
cblr-1213	961	45	.	.	PUNCT
cblr-1213	962	1	thus	thus	ADV
cblr-1213	962	2	,	,	PUNCT
cblr-1213	962	3	it	it	PRON
cblr-1213	962	4	is	be	AUX
cblr-1213	962	5	difficult	difficult	ADJ
cblr-1213	962	6	to	to	PART
cblr-1213	962	7	estimate	estimate	VERB
cblr-1213	962	8	the	the	DET
cblr-1213	962	9	depth	depth	NOUN
cblr-1213	962	10	of	of	ADP
cblr-1213	962	11	this	this	DET
cblr-1213	962	12	particular	particular	ADJ
cblr-1213	962	13	market	market	NOUN
cblr-1213	962	14	practice	practice	NOUN
cblr-1213	962	15	.	.	PUNCT
cblr-1213	963	1	289	289	NUM
cblr-1213	963	2	karen	karen	NOUN
cblr-1213	963	3	domato	domato	NOUN
cblr-1213	963	4	,	,	PUNCT
cblr-1213	963	5	‘	'	PUNCT
cblr-1213	963	6	redemptions	redemption	NOUN
cblr-1213	963	7	in	in	ADP
cblr-1213	963	8	kind	kind	NOUN
cblr-1213	963	9	’	'	PUNCT
cblr-1213	963	10	become	become	VERB
cblr-1213	963	11	effective	effective	ADJ
cblr-1213	963	12	for	for	ADP
cblr-1213	963	13	tax	tax	NOUN
cblr-1213	963	14	management	management	NOUN
cblr-1213	963	15	,	,	PUNCT
cblr-1213	963	16	wall	wall	PROPN
cblr-1213	963	17	st	st	PROPN
cblr-1213	963	18	.	.	PROPN
cblr-1213	963	19	j.	j.	PROPN
cblr-1213	963	20	(	(	PUNCT
cblr-1213	963	21	mar	mar	PROPN
cblr-1213	963	22	.	.	PROPN
cblr-1213	963	23	10	10	NUM
cblr-1213	963	24	,	,	PUNCT
cblr-1213	963	25	1999	1999	NUM
cblr-1213	963	26	)	)	PUNCT
cblr-1213	963	27	,	,	PUNCT
cblr-1213	963	28	http://www.wsj.com/articles/sb921028092685519084	http://www.wsj.com/articles/sb921028092685519084	PROPN
cblr-1213	963	29	.	.	PROPN
cblr-1213	963	30	290	290	NUM
cblr-1213	964	1	i	i	PROPN
cblr-1213	964	2	d.	d.	PROPN
cblr-1213	964	3	291	291	NUM
cblr-1213	965	1	i	i	PRON
cblr-1213	965	2	d.	d.	PROPN
cblr-1213	965	3	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	966	1	no	no	INTJ
cblr-1213	966	2	.	.	PUNCT
cblr-1213	967	1	1:130	1:130	NUM
cblr-1213	967	2	]	]	X
cblr-1213	967	3	will	will	AUX
cblr-1213	967	4	swing	swing	VERB
cblr-1213	967	5	pricing	pricing	NOUN
cblr-1213	967	6	save	save	VERB
cblr-1213	967	7	sedentary	sedentary	ADJ
cblr-1213	967	8	shareholders	shareholder	NOUN
cblr-1213	967	9	?	?	PUNCT
cblr-1213	968	1	195	195	NUM
cblr-1213	968	2	no	no	DET
cblr-1213	968	3	tax	tax	NOUN
cblr-1213	968	4	event	event	NOUN
cblr-1213	968	5	occurs	occur	VERB
cblr-1213	968	6	to	to	ADP
cblr-1213	968	7	either	either	DET
cblr-1213	968	8	party	party	NOUN
cblr-1213	968	9	when	when	SCONJ
cblr-1213	968	10	a	a	DET
cblr-1213	968	11	fund	fund	NOUN
cblr-1213	968	12	distributes	distribute	VERB
cblr-1213	968	13	portfolio	portfolio	NOUN
cblr-1213	968	14	securities	security	NOUN
cblr-1213	968	15	to	to	ADP
cblr-1213	968	16	a	a	DET
cblr-1213	968	17	shareholder.292	shareholder.292	NOUN
cblr-1213	968	18	this	this	PRON
cblr-1213	968	19	is	be	AUX
cblr-1213	968	20	vitally	vitally	ADV
cblr-1213	968	21	important	important	ADJ
cblr-1213	968	22	to	to	ADP
cblr-1213	968	23	funds	fund	NOUN
cblr-1213	968	24	and	and	CCONJ
cblr-1213	968	25	shareholders	shareholder	NOUN
cblr-1213	968	26	who	who	PRON
cblr-1213	968	27	redeem	redeem	VERB
cblr-1213	968	28	large	large	ADJ
cblr-1213	968	29	portions	portion	NOUN
cblr-1213	968	30	of	of	ADP
cblr-1213	968	31	a	a	DET
cblr-1213	968	32	fund	fund	NOUN
cblr-1213	968	33	.	.	PUNCT
cblr-1213	969	1	in	in	ADP
cblr-1213	969	2	times	time	NOUN
cblr-1213	969	3	of	of	ADP
cblr-1213	969	4	market	market	NOUN
cblr-1213	969	5	duress	duress	NOUN
cblr-1213	969	6	,	,	PUNCT
cblr-1213	969	7	however	however	ADV
cblr-1213	969	8	,	,	PUNCT
cblr-1213	969	9	these	these	DET
cblr-1213	969	10	potential	potential	ADJ
cblr-1213	969	11	tax	tax	NOUN
cblr-1213	969	12	benefits	benefit	NOUN
cblr-1213	969	13	are	be	AUX
cblr-1213	969	14	eroded	erode	VERB
cblr-1213	969	15	by	by	ADP
cblr-1213	969	16	the	the	DET
cblr-1213	969	17	fact	fact	NOUN
cblr-1213	969	18	that	that	SCONJ
cblr-1213	969	19	the	the	DET
cblr-1213	969	20	portfolio	portfolio	NOUN
cblr-1213	969	21	securities	security	NOUN
cblr-1213	969	22	are	be	AUX
cblr-1213	969	23	trading	trade	VERB
cblr-1213	969	24	at	at	ADP
cblr-1213	969	25	deeply	deeply	ADV
cblr-1213	969	26	discounted	discount	VERB
cblr-1213	969	27	prices	price	NOUN
cblr-1213	969	28	and	and	CCONJ
cblr-1213	969	29	funds	fund	NOUN
cblr-1213	969	30	are	be	AUX
cblr-1213	969	31	more	more	ADV
cblr-1213	969	32	likely	likely	ADJ
cblr-1213	969	33	to	to	PART
cblr-1213	969	34	capture	capture	VERB
cblr-1213	969	35	a	a	DET
cblr-1213	969	36	capital	capital	NOUN
cblr-1213	969	37	loss	loss	NOUN
cblr-1213	969	38	than	than	ADP
cblr-1213	969	39	a	a	DET
cblr-1213	969	40	gain	gain	NOUN
cblr-1213	969	41	.	.	PUNCT
cblr-1213	970	1	large	large	ADJ
cblr-1213	970	2	investors	investor	NOUN
cblr-1213	970	3	may	may	AUX
cblr-1213	970	4	think	think	VERB
cblr-1213	970	5	twice	twice	ADV
cblr-1213	970	6	before	before	ADP
cblr-1213	970	7	making	make	VERB
cblr-1213	970	8	large	large	ADJ
cblr-1213	970	9	redemptions	redemption	NOUN
cblr-1213	970	10	,	,	PUNCT
cblr-1213	970	11	or	or	CCONJ
cblr-1213	970	12	a	a	DET
cblr-1213	970	13	run	run	NOUN
cblr-1213	970	14	on	on	ADP
cblr-1213	970	15	a	a	DET
cblr-1213	970	16	fund	fund	NOUN
cblr-1213	970	17	,	,	PUNCT
cblr-1213	970	18	if	if	SCONJ
cblr-1213	970	19	they	they	PRON
cblr-1213	970	20	can	can	AUX
cblr-1213	970	21	expect	expect	VERB
cblr-1213	970	22	to	to	PART
cblr-1213	970	23	receive	receive	VERB
cblr-1213	970	24	securities	security	NOUN
cblr-1213	970	25	in	in	ADP
cblr-1213	970	26	-	-	PUNCT
cblr-1213	970	27	kind	kind	NOUN
cblr-1213	970	28	rather	rather	ADV
cblr-1213	970	29	than	than	ADP
cblr-1213	970	30	cash	cash	NOUN
cblr-1213	970	31	.	.	PUNCT
cblr-1213	971	1	in	in	ADP
cblr-1213	971	2	-	-	PUNCT
cblr-1213	971	3	kind	kind	NOUN
cblr-1213	971	4	redemption	redemption	NOUN
cblr-1213	971	5	may	may	AUX
cblr-1213	971	6	encourage	encourage	VERB
cblr-1213	971	7	fund	fund	NOUN
cblr-1213	971	8	stability	stability	NOUN
cblr-1213	971	9	by	by	ADP
cblr-1213	971	10	discouraging	discourage	VERB
cblr-1213	971	11	exit	exit	NOUN
cblr-1213	971	12	.	.	PUNCT
cblr-1213	972	1	redemptions	redemption	NOUN
cblr-1213	972	2	in	in	ADP
cblr-1213	972	3	-	-	PUNCT
cblr-1213	972	4	kind	kind	NOUN
cblr-1213	972	5	can	can	AUX
cblr-1213	972	6	dampen	dampen	VERB
cblr-1213	972	7	the	the	DET
cblr-1213	972	8	“	"	PUNCT
cblr-1213	972	9	first	first	ADJ
cblr-1213	972	10	mover	mover	NOUN
cblr-1213	972	11	advantage	advantage	NOUN
cblr-1213	972	12	”	"	PUNCT
cblr-1213	972	13	and	and	CCONJ
cblr-1213	972	14	reduce	reduce	VERB
cblr-1213	972	15	the	the	DET
cblr-1213	972	16	likelihood	likelihood	NOUN
cblr-1213	972	17	that	that	SCONJ
cblr-1213	972	18	multiple	multiple	ADJ
cblr-1213	972	19	large	large	ADJ
cblr-1213	972	20	shareholders	shareholder	NOUN
cblr-1213	972	21	would	would	AUX
cblr-1213	972	22	all	all	ADV
cblr-1213	972	23	want	want	VERB
cblr-1213	972	24	to	to	PART
cblr-1213	972	25	exit	exit	VERB
cblr-1213	972	26	a	a	DET
cblr-1213	972	27	fund	fund	NOUN
cblr-1213	972	28	in	in	ADP
cblr-1213	972	29	times	time	NOUN
cblr-1213	972	30	of	of	ADP
cblr-1213	972	31	market	market	NOUN
cblr-1213	972	32	stress	stress	NOUN
cblr-1213	972	33	—	—	PUNCT
cblr-1213	972	34	i.e.	i.e.	X
cblr-1213	972	35	,	,	PUNCT
cblr-1213	972	36	when	when	SCONJ
cblr-1213	972	37	the	the	DET
cblr-1213	972	38	fund	fund	NOUN
cblr-1213	972	39	nav	nav	NOUN
cblr-1213	972	40	is	be	AUX
cblr-1213	972	41	low	low	ADJ
cblr-1213	972	42	.	.	PUNCT
cblr-1213	973	1	redemptions	redemption	NOUN
cblr-1213	973	2	in	in	ADP
cblr-1213	973	3	-	-	PUNCT
cblr-1213	973	4	kind	kind	NOUN
cblr-1213	973	5	are	be	AUX
cblr-1213	973	6	commonplace	commonplace	ADJ
cblr-1213	973	7	for	for	ADP
cblr-1213	973	8	exchange	exchange	NOUN
cblr-1213	973	9	traded	trade	VERB
cblr-1213	973	10	funds	fund	NOUN
cblr-1213	973	11	(	(	PUNCT
cblr-1213	973	12	“	"	PUNCT
cblr-1213	973	13	etfs	etfs	NOUN
cblr-1213	973	14	”	"	PUNCT
cblr-1213	973	15	)	)	PUNCT
cblr-1213	973	16	,	,	PUNCT
cblr-1213	973	17	but	but	CCONJ
cblr-1213	973	18	not	not	PART
cblr-1213	973	19	for	for	ADP
cblr-1213	973	20	mutual	mutual	ADJ
cblr-1213	973	21	funds	fund	NOUN
cblr-1213	973	22	because	because	SCONJ
cblr-1213	973	23	of	of	ADP
cblr-1213	973	24	logistical	logistical	ADJ
cblr-1213	973	25	challenges	challenge	NOUN
cblr-1213	973	26	,	,	PUNCT
cblr-1213	973	27	shareholders	shareholder	NOUN
cblr-1213	973	28	’	'	PUNCT
cblr-1213	973	29	unwillingness	unwillingness	NOUN
cblr-1213	973	30	to	to	PART
cblr-1213	973	31	accept	accept	VERB
cblr-1213	973	32	other	other	ADJ
cblr-1213	973	33	stock	stock	NOUN
cblr-1213	973	34	in	in	ADP
cblr-1213	973	35	lieu	lieu	NOUN
cblr-1213	973	36	of	of	ADP
cblr-1213	973	37	cash	cash	NOUN
cblr-1213	973	38	at	at	ADP
cblr-1213	973	39	the	the	DET
cblr-1213	973	40	point	point	NOUN
cblr-1213	973	41	of	of	ADP
cblr-1213	973	42	exiting	exit	VERB
cblr-1213	973	43	the	the	DET
cblr-1213	973	44	fund	fund	NOUN
cblr-1213	973	45	,	,	PUNCT
cblr-1213	973	46	and	and	CCONJ
cblr-1213	973	47	other	other	ADJ
cblr-1213	973	48	issues.293	issues.293	ADJ
cblr-1213	973	49	mutual	mutual	ADJ
cblr-1213	973	50	funds	fund	NOUN
cblr-1213	973	51	typically	typically	ADV
cblr-1213	973	52	utilize	utilize	VERB
cblr-1213	973	53	in	in	ADP
cblr-1213	973	54	-	-	PUNCT
cblr-1213	973	55	kind	kind	NOUN
cblr-1213	973	56	redemptions	redemption	NOUN
cblr-1213	973	57	as	as	ADP
cblr-1213	973	58	a	a	DET
cblr-1213	973	59	“	"	PUNCT
cblr-1213	973	60	last	last	ADJ
cblr-1213	973	61	resort	resort	NOUN
cblr-1213	973	62	or	or	CCONJ
cblr-1213	973	63	emergency	emergency	NOUN
cblr-1213	973	64	measure	measure	NOUN
cblr-1213	973	65	,	,	PUNCT
cblr-1213	973	66	”	"	PUNCT
cblr-1213	973	67	and	and	CCONJ
cblr-1213	973	68	a	a	DET
cblr-1213	973	69	fund	fund	NOUN
cblr-1213	973	70	’s	’s	PART
cblr-1213	973	71	management	management	NOUN
cblr-1213	973	72	personnel	personnel	NOUN
cblr-1213	973	73	would	would	AUX
cblr-1213	973	74	be	be	AUX
cblr-1213	973	75	under	under	ADP
cblr-1213	973	76	strained	strained	ADJ
cblr-1213	973	77	capacity	capacity	NOUN
cblr-1213	973	78	to	to	PART
cblr-1213	973	79	deal	deal	VERB
cblr-1213	973	80	with	with	ADP
cblr-1213	973	81	significant	significant	ADJ
cblr-1213	973	82	redemptions	redemption	NOUN
cblr-1213	973	83	,	,	PUNCT
cblr-1213	973	84	possible	possible	ADJ
cblr-1213	973	85	runs	run	NOUN
cblr-1213	973	86	on	on	ADP
cblr-1213	973	87	the	the	DET
cblr-1213	973	88	fund	fund	NOUN
cblr-1213	973	89	,	,	PUNCT
cblr-1213	973	90	and	and	CCONJ
cblr-1213	973	91	other	other	ADJ
cblr-1213	973	92	stressful	stressful	ADJ
cblr-1213	973	93	situations.294	situations.294	NOUN
cblr-1213	973	94	reliance	reliance	NOUN
cblr-1213	973	95	on	on	ADP
cblr-1213	973	96	in	in	ADP
cblr-1213	973	97	-	-	PUNCT
cblr-1213	973	98	kind	kind	NOUN
cblr-1213	973	99	redemptions	redemption	NOUN
cblr-1213	973	100	poses	pose	VERB
cblr-1213	973	101	reputational	reputational	ADJ
cblr-1213	973	102	risks	risk	NOUN
cblr-1213	973	103	for	for	ADP
cblr-1213	973	104	a	a	DET
cblr-1213	973	105	mutual	mutual	ADJ
cblr-1213	973	106	fund	fund	NOUN
cblr-1213	973	107	,	,	PUNCT
cblr-1213	973	108	where	where	SCONJ
cblr-1213	973	109	the	the	DET
cblr-1213	973	110	investment	investment	NOUN
cblr-1213	973	111	benefits	benefit	VERB
cblr-1213	973	112	from	from	ADP
cblr-1213	973	113	the	the	DET
cblr-1213	973	114	easy	easy	ADJ
cblr-1213	973	115	diversification	diversification	NOUN
cblr-1213	973	116	and	and	CCONJ
cblr-1213	973	117	conversion	conversion	NOUN
cblr-1213	973	118	to	to	PART
cblr-1213	973	119	cash	cash	VERB
cblr-1213	973	120	for	for	ADP
cblr-1213	973	121	investors	investor	NOUN
cblr-1213	973	122	.	.	PUNCT
cblr-1213	974	1	historically	historically	ADV
cblr-1213	974	2	,	,	PUNCT
cblr-1213	974	3	hedge	hedge	NOUN
cblr-1213	974	4	funds	fund	NOUN
cblr-1213	974	5	have	have	AUX
cblr-1213	974	6	been	be	AUX
cblr-1213	974	7	more	more	ADV
cblr-1213	974	8	frequent	frequent	ADJ
cblr-1213	974	9	users	user	NOUN
cblr-1213	974	10	of	of	ADP
cblr-1213	974	11	this	this	DET
cblr-1213	974	12	redemption	redemption	NOUN
cblr-1213	974	13	distribution	distribution	NOUN
cblr-1213	974	14	method	method	NOUN
cblr-1213	974	15	,	,	PUNCT
cblr-1213	974	16	but	but	CCONJ
cblr-1213	974	17	it	it	PRON
cblr-1213	974	18	is	be	AUX
cblr-1213	974	19	typically	typically	ADV
cblr-1213	974	20	a	a	DET
cblr-1213	974	21	“	"	PUNCT
cblr-1213	974	22	sign	sign	NOUN
cblr-1213	974	23	of	of	ADP
cblr-1213	974	24	catastrophic	catastrophic	ADJ
cblr-1213	974	25	liquidity	liquidity	NOUN
cblr-1213	974	26	problems	problem	NOUN
cblr-1213	974	27	”	"	PUNCT
cblr-1213	974	28	and	and	CCONJ
cblr-1213	974	29	associated	associate	VERB
cblr-1213	974	30	with	with	ADP
cblr-1213	974	31	more	more	ADV
cblr-1213	974	32	locked	locked	ADJ
cblr-1213	974	33	-	-	PUNCT
cblr-1213	974	34	in	in	ADP
cblr-1213	974	35	capital.295	capital.295	NOUN
cblr-1213	974	36	in	in	ADP
cblr-1213	974	37	addition	addition	NOUN
cblr-1213	974	38	to	to	ADP
cblr-1213	974	39	the	the	DET
cblr-1213	974	40	liquidity	liquidity	NOUN
cblr-1213	974	41	challenge	challenge	NOUN
cblr-1213	974	42	for	for	ADP
cblr-1213	974	43	292	292	NUM
cblr-1213	974	44	i	i	PROPN
cblr-1213	974	45	d.	d.	PROPN
cblr-1213	974	46	293	293	NUM
cblr-1213	974	47	swing	swing	NOUN
cblr-1213	974	48	pricing	price	VERB
cblr-1213	974	49	first	first	ADJ
cblr-1213	974	50	proposal	proposal	NOUN
cblr-1213	974	51	,	,	PUNCT
cblr-1213	974	52	supra	supra	PROPN
cblr-1213	974	53	note	note	NOUN
cblr-1213	974	54	4	4	NUM
cblr-1213	974	55	,	,	PUNCT
cblr-1213	974	56	at	at	ADP
cblr-1213	974	57	62319–20	62319–20	NUM
cblr-1213	974	58	.	.	PUNCT
cblr-1213	975	1	see	see	VERB
cblr-1213	975	2	also	also	ADV
cblr-1213	975	3	final	final	ADJ
cblr-1213	975	4	rules	rule	NOUN
cblr-1213	975	5	,	,	PUNCT
cblr-1213	975	6	supra	supra	PROPN
cblr-1213	975	7	note	note	NOUN
cblr-1213	975	8	4	4	NUM
cblr-1213	975	9	,	,	PUNCT
cblr-1213	975	10	at	at	ADP
cblr-1213	975	11	82087	82087	NUM
cblr-1213	975	12	(	(	PUNCT
cblr-1213	975	13	discussing	discuss	VERB
cblr-1213	975	14	in	in	ADP
cblr-1213	975	15	-	-	PUNCT
cblr-1213	975	16	kind	kind	NOUN
cblr-1213	975	17	redemptions	redemption	NOUN
cblr-1213	975	18	)	)	PUNCT
cblr-1213	975	19	.	.	PUNCT
cblr-1213	976	1	294	294	NUM
cblr-1213	976	2	swing	swing	NOUN
cblr-1213	976	3	pricing	price	VERB
cblr-1213	976	4	first	first	ADJ
cblr-1213	976	5	proposal	proposal	NOUN
cblr-1213	976	6	,	,	PUNCT
cblr-1213	976	7	supra	supra	PROPN
cblr-1213	976	8	note	note	NOUN
cblr-1213	976	9	4	4	NUM
cblr-1213	976	10	,	,	PUNCT
cblr-1213	976	11	at	at	ADP
cblr-1213	976	12	62320	62320	NUM
cblr-1213	976	13	.	.	PUNCT
cblr-1213	977	1	295	295	NUM
cblr-1213	977	2	domato	domato	NOUN
cblr-1213	977	3	,	,	PUNCT
cblr-1213	977	4	supra	supra	ADJ
cblr-1213	977	5	note	note	NOUN
cblr-1213	977	6	289	289	NUM
cblr-1213	977	7	.	.	PUNCT
cblr-1213	978	1	see	see	VERB
cblr-1213	978	2	also	also	ADV
cblr-1213	978	3	,	,	PUNCT
cblr-1213	978	4	e.g.	e.g.	ADV
cblr-1213	978	5	,	,	PUNCT
cblr-1213	978	6	managed	manage	VERB
cblr-1213	978	7	funds	fund	NOUN
cblr-1213	978	8	,	,	PUNCT
cblr-1213	978	9	comment	comment	NOUN
cblr-1213	978	10	letter	letter	NOUN
cblr-1213	978	11	on	on	ADP
cblr-1213	978	12	swing	swing	NOUN
cblr-1213	978	13	pricing	pricing	NOUN
cblr-1213	978	14	(	(	PUNCT
cblr-1213	978	15	jan	jan	PROPN
cblr-1213	978	16	.	.	PROPN
cblr-1213	978	17	13	13	NUM
cblr-1213	978	18	,	,	PUNCT
cblr-1213	978	19	2016	2016	NUM
cblr-1213	978	20	)	)	PUNCT
cblr-1213	978	21	,	,	PUNCT
cblr-1213	978	22	at	at	ADP
cblr-1213	978	23	2–3	2–3	NUM
cblr-1213	978	24	,	,	PUNCT
cblr-1213	978	25	https://www.sec.gov/comments/s7-16-15/s71615-83.pdf	https://www.sec.gov/comments/s7-16-15/s71615-83.pdf	NOUN
cblr-1213	978	26	[	[	X
cblr-1213	978	27	perma.cc/6e37-5a8u	perma.cc/6e37-5a8u	X
cblr-1213	978	28	]	]	X
cblr-1213	978	29	(	(	PUNCT
cblr-1213	978	30	citing	cite	VERB
cblr-1213	978	31	to	to	ADP
cblr-1213	978	32	existing	exist	VERB
cblr-1213	978	33	liquidity	liquidity	NOUN
cblr-1213	978	34	management	management	NOUN
cblr-1213	978	35	tools	tool	NOUN
cblr-1213	978	36	for	for	ADP
cblr-1213	978	37	private	private	ADJ
cblr-1213	978	38	hedge	hedge	NOUN
cblr-1213	978	39	funds	fund	NOUN
cblr-1213	978	40	such	such	ADJ
cblr-1213	978	41	as	as	ADP
cblr-1213	978	42	redemption	redemption	NOUN
cblr-1213	978	43	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	978	44	196	196	NUM
cblr-1213	978	45	columbia	columbia	PROPN
cblr-1213	978	46	business	business	NOUN
cblr-1213	978	47	law	law	PROPN
cblr-1213	978	48	review	review	NOUN
cblr-1213	978	49	[	[	X
cblr-1213	978	50	vol	vol	NOUN
cblr-1213	978	51	.	.	NOUN
cblr-1213	978	52	2018	2018	NUM
cblr-1213	978	53	mutual	mutual	ADJ
cblr-1213	978	54	fund	fund	NOUN
cblr-1213	978	55	shareholders	shareholder	NOUN
cblr-1213	978	56	receiving	receive	VERB
cblr-1213	978	57	in	in	ADP
cblr-1213	978	58	-	-	PUNCT
cblr-1213	978	59	kind	kind	NOUN
cblr-1213	978	60	redemptions	redemption	NOUN
cblr-1213	978	61	,	,	PUNCT
cblr-1213	978	62	another	another	DET
cblr-1213	978	63	disadvantage	disadvantage	NOUN
cblr-1213	978	64	is	be	AUX
cblr-1213	978	65	that	that	SCONJ
cblr-1213	978	66	they	they	PRON
cblr-1213	978	67	could	could	AUX
cblr-1213	978	68	receive	receive	VERB
cblr-1213	978	69	“	"	PUNCT
cblr-1213	978	70	odd	odd	ADJ
cblr-1213	978	71	lots	lot	NOUN
cblr-1213	978	72	”	"	PUNCT
cblr-1213	978	73	of	of	ADP
cblr-1213	978	74	securities	security	NOUN
cblr-1213	978	75	.	.	PUNCT
cblr-1213	979	1	296	296	NUM
cblr-1213	979	2	odd	odd	ADJ
cblr-1213	979	3	lots	lot	NOUN
cblr-1213	979	4	,	,	PUNCT
cblr-1213	979	5	an	an	DET
cblr-1213	979	6	atypical	atypical	ADJ
cblr-1213	979	7	amount	amount	NOUN
cblr-1213	979	8	of	of	ADP
cblr-1213	979	9	stock	stock	NOUN
cblr-1213	979	10	under	under	ADP
cblr-1213	979	11	the	the	DET
cblr-1213	979	12	standard	standard	ADJ
cblr-1213	979	13	100	100	NUM
cblr-1213	979	14	-	-	PUNCT
cblr-1213	979	15	share	share	NOUN
cblr-1213	979	16	unit,297	unit,297	PROPN
cblr-1213	979	17	may	may	AUX
cblr-1213	979	18	be	be	AUX
cblr-1213	979	19	difficult	difficult	ADJ
cblr-1213	979	20	to	to	PART
cblr-1213	979	21	sell	sell	VERB
cblr-1213	979	22	at	at	ADP
cblr-1213	979	23	the	the	DET
cblr-1213	979	24	price	price	NOUN
cblr-1213	979	25	at	at	ADP
cblr-1213	979	26	which	which	PRON
cblr-1213	979	27	the	the	DET
cblr-1213	979	28	entire	entire	ADJ
cblr-1213	979	29	lot	lot	NOUN
cblr-1213	979	30	was	be	AUX
cblr-1213	979	31	carried	carry	VERB
cblr-1213	979	32	by	by	ADP
cblr-1213	979	33	the	the	DET
cblr-1213	979	34	fund.298	fund.298	NOUN
cblr-1213	979	35	this	this	PRON
cblr-1213	979	36	is	be	AUX
cblr-1213	979	37	particularly	particularly	ADV
cblr-1213	979	38	the	the	DET
cblr-1213	979	39	case	case	NOUN
cblr-1213	979	40	in	in	ADP
cblr-1213	979	41	the	the	DET
cblr-1213	979	42	fixed	fix	VERB
cblr-1213	979	43	income	income	NOUN
cblr-1213	979	44	market	market	NOUN
cblr-1213	979	45	,	,	PUNCT
cblr-1213	979	46	where	where	SCONJ
cblr-1213	979	47	minimum	minimum	ADJ
cblr-1213	979	48	delivery	delivery	NOUN
cblr-1213	979	49	sizes	size	NOUN
cblr-1213	979	50	exist	exist	VERB
cblr-1213	979	51	,	,	PUNCT
cblr-1213	979	52	and	and	CCONJ
cblr-1213	979	53	odd	odd	ADJ
cblr-1213	979	54	lots	lot	NOUN
cblr-1213	979	55	of	of	ADP
cblr-1213	979	56	bonds	bond	NOUN
cblr-1213	979	57	are	be	AUX
cblr-1213	979	58	traded	trade	VERB
cblr-1213	979	59	at	at	ADP
cblr-1213	979	60	reduced	reduce	VERB
cblr-1213	979	61	prices	price	NOUN
cblr-1213	979	62	because	because	SCONJ
cblr-1213	979	63	of	of	ADP
cblr-1213	979	64	the	the	DET
cblr-1213	979	65	difficulty	difficulty	NOUN
cblr-1213	979	66	in	in	ADP
cblr-1213	979	67	subsequently	subsequently	ADV
cblr-1213	979	68	selling	sell	VERB
cblr-1213	979	69	the	the	DET
cblr-1213	979	70	small	small	ADJ
cblr-1213	979	71	lots	lot	NOUN
cblr-1213	979	72	of	of	ADP
cblr-1213	979	73	bonds	bond	NOUN
cblr-1213	979	74	to	to	ADP
cblr-1213	979	75	another	another	DET
cblr-1213	979	76	investor.299	investor.299	NOUN
cblr-1213	979	77	a	a	DET
cblr-1213	979	78	shareholder	shareholder	NOUN
cblr-1213	979	79	may	may	AUX
cblr-1213	979	80	refuse	refuse	VERB
cblr-1213	979	81	to	to	PART
cblr-1213	979	82	take	take	VERB
cblr-1213	979	83	the	the	DET
cblr-1213	979	84	in	in	ADP
cblr-1213	979	85	-	-	PUNCT
cblr-1213	979	86	kind	kind	NOUN
cblr-1213	979	87	securities	security	NOUN
cblr-1213	979	88	for	for	ADP
cblr-1213	979	89	this	this	DET
cblr-1213	979	90	reason.300	reason.300	PROPN
cblr-1213	979	91	c.	c.	NOUN
cblr-1213	979	92	a	a	DET
cblr-1213	979	93	considered	considered	ADJ
cblr-1213	979	94	alternative	alternative	NOUN
cblr-1213	979	95	:	:	PUNCT
cblr-1213	979	96	dual	dual	ADJ
cblr-1213	979	97	pricing	price	VERB
cblr-1213	979	98	u.s	u.s	PROPN
cblr-1213	979	99	.	.	PROPN
cblr-1213	979	100	mutual	mutual	ADJ
cblr-1213	979	101	funds	fund	NOUN
cblr-1213	979	102	can	can	AUX
cblr-1213	979	103	not	not	PART
cblr-1213	979	104	engage	engage	VERB
cblr-1213	979	105	in	in	ADP
cblr-1213	979	106	dual	dual	ADJ
cblr-1213	979	107	pricing	pricing	NOUN
cblr-1213	979	108	,	,	PUNCT
cblr-1213	979	109	sometimes	sometimes	ADV
cblr-1213	979	110	referred	refer	VERB
cblr-1213	979	111	to	to	ADP
cblr-1213	979	112	as	as	ADP
cblr-1213	979	113	ask	ask	NOUN
cblr-1213	979	114	/	/	SYM
cblr-1213	979	115	bid	bid	NOUN
cblr-1213	979	116	dual	dual	ADJ
cblr-1213	979	117	pricing	pricing	NOUN
cblr-1213	979	118	,	,	PUNCT
cblr-1213	979	119	although	although	SCONJ
cblr-1213	979	120	it	it	PRON
cblr-1213	979	121	is	be	AUX
cblr-1213	979	122	available	available	ADJ
cblr-1213	979	123	in	in	ADP
cblr-1213	979	124	european	european	PROPN
cblr-1213	979	125	jurisdictions.301	jurisdictions.301	PROPN
cblr-1213	979	126	dual	dual	ADJ
cblr-1213	979	127	pricing	pricing	NOUN
cblr-1213	979	128	allocates	allocate	VERB
cblr-1213	979	129	investor	investor	NOUN
cblr-1213	979	130	expenses	expense	NOUN
cblr-1213	979	131	and	and	CCONJ
cblr-1213	979	132	protects	protect	VERB
cblr-1213	979	133	against	against	ADP
cblr-1213	979	134	dilution	dilution	NOUN
cblr-1213	979	135	.	.	PUNCT
cblr-1213	980	1	unlike	unlike	ADP
cblr-1213	980	2	in	in	ADP
cblr-1213	980	3	-	-	PUNCT
cblr-1213	980	4	kind	kind	NOUN
cblr-1213	980	5	redemptions	redemption	NOUN
cblr-1213	980	6	and	and	CCONJ
cblr-1213	980	7	redemption	redemption	NOUN
cblr-1213	980	8	fees	fee	NOUN
cblr-1213	980	9	,	,	PUNCT
cblr-1213	980	10	the	the	DET
cblr-1213	980	11	sec	sec	PROPN
cblr-1213	980	12	has	have	AUX
cblr-1213	980	13	considered	consider	VERB
cblr-1213	980	14	but	but	CCONJ
cblr-1213	980	15	never	never	ADV
cblr-1213	980	16	authorized	authorize	VERB
cblr-1213	980	17	dual	dual	ADJ
cblr-1213	980	18	pricing.302	pricing.302	PROPN
cblr-1213	980	19	a	a	DET
cblr-1213	980	20	dual	dual	ADV
cblr-1213	980	21	-	-	PUNCT
cblr-1213	980	22	priced	price	VERB
cblr-1213	980	23	fund	fund	NOUN
cblr-1213	980	24	is	be	AUX
cblr-1213	980	25	one	one	NUM
cblr-1213	980	26	rights	right	NOUN
cblr-1213	980	27	,	,	PUNCT
cblr-1213	980	28	lock	lock	VERB
cblr-1213	980	29	up	up	ADP
cblr-1213	980	30	periods	period	NOUN
cblr-1213	980	31	,	,	PUNCT
cblr-1213	980	32	advance	advance	NOUN
cblr-1213	980	33	notice	notice	NOUN
cblr-1213	980	34	requirements	requirement	NOUN
cblr-1213	980	35	of	of	ADP
cblr-1213	980	36	redemptions	redemption	NOUN
cblr-1213	980	37	,	,	PUNCT
cblr-1213	980	38	early	early	ADJ
cblr-1213	980	39	redemption	redemption	NOUN
cblr-1213	980	40	fees	fee	NOUN
cblr-1213	980	41	,	,	PUNCT
cblr-1213	980	42	side	side	NOUN
cblr-1213	980	43	pockets	pocket	NOUN
cblr-1213	980	44	,	,	PUNCT
cblr-1213	980	45	gates	gate	NOUN
cblr-1213	980	46	,	,	PUNCT
cblr-1213	980	47	and	and	CCONJ
cblr-1213	980	48	in	in	ADP
cblr-1213	980	49	-	-	PUNCT
cblr-1213	980	50	kind	kind	NOUN
cblr-1213	980	51	redemptions	redemption	NOUN
cblr-1213	980	52	.	.	PUNCT
cblr-1213	980	53	)	)	PUNCT
cblr-1213	980	54	.	.	PUNCT
cblr-1213	981	1	296	296	NUM
cblr-1213	981	2	holly	holly	PROPN
cblr-1213	981	3	van	van	PROPN
cblr-1213	981	4	den	den	PROPN
cblr-1213	981	5	toorn	toorn	NOUN
cblr-1213	981	6	made	make	VERB
cblr-1213	981	7	this	this	DET
cblr-1213	981	8	observation	observation	NOUN
cblr-1213	981	9	in	in	ADP
cblr-1213	981	10	her	her	PRON
cblr-1213	981	11	role	role	NOUN
cblr-1213	981	12	in	in	ADP
cblr-1213	981	13	the	the	DET
cblr-1213	981	14	mutual	mutual	ADJ
cblr-1213	981	15	fund	fund	NOUN
cblr-1213	981	16	industry	industry	NOUN
cblr-1213	981	17	.	.	PUNCT
cblr-1213	982	1	297	297	NUM
cblr-1213	982	2	pozen	pozen	NOUN
cblr-1213	982	3	,	,	PUNCT
cblr-1213	982	4	supra	supra	PROPN
cblr-1213	982	5	note	note	PROPN
cblr-1213	982	6	25	25	NUM
cblr-1213	982	7	,	,	PUNCT
cblr-1213	982	8	at	at	ADP
cblr-1213	982	9	266	266	NUM
cblr-1213	982	10	.	.	PUNCT
cblr-1213	983	1	298	298	NUM
cblr-1213	983	2	holly	holly	PROPN
cblr-1213	983	3	van	van	PROPN
cblr-1213	983	4	den	den	PROPN
cblr-1213	983	5	toorn	toorn	NOUN
cblr-1213	983	6	made	make	VERB
cblr-1213	983	7	this	this	DET
cblr-1213	983	8	observation	observation	NOUN
cblr-1213	983	9	in	in	ADP
cblr-1213	983	10	her	her	PRON
cblr-1213	983	11	role	role	NOUN
cblr-1213	983	12	in	in	ADP
cblr-1213	983	13	the	the	DET
cblr-1213	983	14	mutual	mutual	ADJ
cblr-1213	983	15	fund	fund	NOUN
cblr-1213	983	16	industry	industry	NOUN
cblr-1213	983	17	.	.	PUNCT
cblr-1213	984	1	299	299	NUM
cblr-1213	984	2	holly	holly	PROPN
cblr-1213	984	3	van	van	PROPN
cblr-1213	984	4	den	den	PROPN
cblr-1213	984	5	toorn	toorn	NOUN
cblr-1213	984	6	made	make	VERB
cblr-1213	984	7	this	this	DET
cblr-1213	984	8	observation	observation	NOUN
cblr-1213	984	9	in	in	ADP
cblr-1213	984	10	her	her	PRON
cblr-1213	984	11	role	role	NOUN
cblr-1213	984	12	in	in	ADP
cblr-1213	984	13	the	the	DET
cblr-1213	984	14	mutual	mutual	ADJ
cblr-1213	984	15	fund	fund	NOUN
cblr-1213	984	16	industry	industry	NOUN
cblr-1213	984	17	.	.	PUNCT
cblr-1213	985	1	300	300	NUM
cblr-1213	985	2	see	see	VERB
cblr-1213	985	3	e.g.	e.g.	ADV
cblr-1213	985	4	,	,	PUNCT
cblr-1213	985	5	swing	swing	NOUN
cblr-1213	985	6	pricing	price	VERB
cblr-1213	985	7	first	first	ADJ
cblr-1213	985	8	proposal	proposal	NOUN
cblr-1213	985	9	,	,	PUNCT
cblr-1213	985	10	supra	supra	PROPN
cblr-1213	985	11	note	note	NOUN
cblr-1213	985	12	4	4	NUM
cblr-1213	985	13	,	,	PUNCT
cblr-1213	985	14	at	at	ADP
cblr-1213	985	15	62319	62319	NUM
cblr-1213	985	16	(	(	PUNCT
cblr-1213	985	17	discussing	discuss	VERB
cblr-1213	985	18	in	in	ADP
cblr-1213	985	19	-	-	PUNCT
cblr-1213	985	20	kind	kind	NOUN
cblr-1213	985	21	redemptions	redemption	NOUN
cblr-1213	985	22	)	)	PUNCT
cblr-1213	985	23	.	.	PUNCT
cblr-1213	986	1	holly	holly	PROPN
cblr-1213	986	2	van	van	PROPN
cblr-1213	986	3	den	den	PROPN
cblr-1213	986	4	toorn	toorn	PROPN
cblr-1213	986	5	experienced	experience	VERB
cblr-1213	986	6	a	a	DET
cblr-1213	986	7	situation	situation	NOUN
cblr-1213	986	8	in	in	ADP
cblr-1213	986	9	which	which	PRON
cblr-1213	986	10	a	a	DET
cblr-1213	986	11	shareholder	shareholder	NOUN
cblr-1213	986	12	essentially	essentially	ADV
cblr-1213	986	13	refused	refuse	VERB
cblr-1213	986	14	to	to	PART
cblr-1213	986	15	take	take	VERB
cblr-1213	986	16	an	an	DET
cblr-1213	986	17	in	in	ADP
cblr-1213	986	18	-	-	PUNCT
cblr-1213	986	19	kind	kind	NOUN
cblr-1213	986	20	redemption	redemption	NOUN
cblr-1213	986	21	due	due	ADP
cblr-1213	986	22	to	to	ADP
cblr-1213	986	23	the	the	DET
cblr-1213	986	24	operational	operational	ADJ
cblr-1213	986	25	complexities	complexity	NOUN
cblr-1213	986	26	.	.	PUNCT
cblr-1213	987	1	smaller	small	ADJ
cblr-1213	987	2	funds	fund	NOUN
cblr-1213	987	3	may	may	AUX
cblr-1213	987	4	face	face	VERB
cblr-1213	987	5	negotiation	negotiation	NOUN
cblr-1213	987	6	disadvantages	disadvantage	NOUN
cblr-1213	987	7	in	in	ADP
cblr-1213	987	8	“	"	PUNCT
cblr-1213	987	9	forcing	force	VERB
cblr-1213	987	10	”	"	PUNCT
cblr-1213	987	11	the	the	DET
cblr-1213	987	12	redemption	redemption	NOUN
cblr-1213	987	13	and	and	CCONJ
cblr-1213	987	14	end	end	VERB
cblr-1213	987	15	up	up	ADP
cblr-1213	987	16	stuck	stick	VERB
cblr-1213	987	17	between	between	ADP
cblr-1213	987	18	a	a	DET
cblr-1213	987	19	rock	rock	NOUN
cblr-1213	987	20	and	and	CCONJ
cblr-1213	987	21	regulatory	regulatory	ADJ
cblr-1213	987	22	hard	hard	ADJ
cblr-1213	987	23	place	place	NOUN
cblr-1213	987	24	.	.	PUNCT
cblr-1213	988	1	ultimately	ultimately	ADV
cblr-1213	988	2	,	,	PUNCT
cblr-1213	988	3	the	the	DET
cblr-1213	988	4	fund	fund	NOUN
cblr-1213	988	5	with	with	ADP
cblr-1213	988	6	which	which	PRON
cblr-1213	988	7	she	she	PRON
cblr-1213	988	8	worked	work	VERB
cblr-1213	988	9	abandoned	abandon	VERB
cblr-1213	988	10	the	the	DET
cblr-1213	988	11	in	in	ADP
cblr-1213	988	12	-	-	PUNCT
cblr-1213	988	13	kind	kind	NOUN
cblr-1213	988	14	redemption	redemption	NOUN
cblr-1213	988	15	strategy	strategy	NOUN
cblr-1213	988	16	,	,	PUNCT
cblr-1213	988	17	sold	sell	VERB
cblr-1213	988	18	assets	asset	NOUN
cblr-1213	988	19	,	,	PUNCT
cblr-1213	988	20	and	and	CCONJ
cblr-1213	988	21	recorded	record	VERB
cblr-1213	988	22	the	the	DET
cblr-1213	988	23	tax	tax	NOUN
cblr-1213	988	24	impact	impact	NOUN
cblr-1213	988	25	.	.	PUNCT
cblr-1213	989	1	301	301	NUM
cblr-1213	989	2	dual	dual	ADJ
cblr-1213	989	3	pricing	pricing	NOUN
cblr-1213	989	4	is	be	AUX
cblr-1213	989	5	applied	apply	VERB
cblr-1213	989	6	predominantly	predominantly	ADV
cblr-1213	989	7	to	to	ADP
cblr-1213	989	8	ucits	ucit	NOUN
cblr-1213	989	9	and	and	CCONJ
cblr-1213	989	10	aifs	aif	NOUN
cblr-1213	989	11	in	in	ADP
cblr-1213	989	12	other	other	ADJ
cblr-1213	989	13	jurisdictions	jurisdiction	NOUN
cblr-1213	989	14	.	.	PUNCT
cblr-1213	990	1	holly	holly	PROPN
cblr-1213	990	2	van	van	PROPN
cblr-1213	990	3	den	den	PROPN
cblr-1213	990	4	toorn	toorn	NOUN
cblr-1213	990	5	made	make	VERB
cblr-1213	990	6	this	this	DET
cblr-1213	990	7	observation	observation	NOUN
cblr-1213	990	8	in	in	ADP
cblr-1213	990	9	her	her	PRON
cblr-1213	990	10	role	role	NOUN
cblr-1213	990	11	in	in	ADP
cblr-1213	990	12	the	the	DET
cblr-1213	990	13	mutual	mutual	ADJ
cblr-1213	990	14	fund	fund	NOUN
cblr-1213	990	15	industry	industry	NOUN
cblr-1213	990	16	.	.	PUNCT
cblr-1213	991	1	302	302	NUM
cblr-1213	991	2	in	in	ADP
cblr-1213	991	3	its	its	PRON
cblr-1213	991	4	rule	rule	NOUN
cblr-1213	991	5	proposal	proposal	NOUN
cblr-1213	991	6	release	release	NOUN
cblr-1213	991	7	,	,	PUNCT
cblr-1213	991	8	the	the	DET
cblr-1213	991	9	sec	sec	PROPN
cblr-1213	991	10	considered	consider	VERB
cblr-1213	991	11	permitting	permit	VERB
cblr-1213	991	12	dual	dual	ADJ
cblr-1213	991	13	pricing	pricing	NOUN
cblr-1213	991	14	instead	instead	ADV
cblr-1213	991	15	of	of	ADP
cblr-1213	991	16	swing	swing	NOUN
cblr-1213	991	17	pricing	pricing	NOUN
cblr-1213	991	18	.	.	PUNCT
cblr-1213	992	1	swing	swing	NOUN
cblr-1213	992	2	pricing	price	VERB
cblr-1213	992	3	first	first	ADJ
cblr-1213	992	4	proposal	proposal	NOUN
cblr-1213	992	5	,	,	PUNCT
cblr-1213	992	6	supra	supra	PROPN
cblr-1213	992	7	note	note	NOUN
cblr-1213	992	8	4	4	NUM
cblr-1213	992	9	,	,	PUNCT
cblr-1213	992	10	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	992	11	no	no	NOUN
cblr-1213	992	12	.	.	PUNCT
cblr-1213	993	1	1:130	1:130	NUM
cblr-1213	993	2	]	]	X
cblr-1213	993	3	will	will	AUX
cblr-1213	993	4	swing	swing	VERB
cblr-1213	993	5	pricing	pricing	NOUN
cblr-1213	993	6	save	save	VERB
cblr-1213	993	7	sedentary	sedentary	ADJ
cblr-1213	993	8	shareholders	shareholder	NOUN
cblr-1213	993	9	?	?	PUNCT
cblr-1213	994	1	197	197	NUM
cblr-1213	994	2	that	that	PRON
cblr-1213	994	3	“	"	PUNCT
cblr-1213	994	4	calculates	calculate	VERB
cblr-1213	994	5	one	one	NUM
cblr-1213	994	6	price	price	NOUN
cblr-1213	994	7	for	for	ADP
cblr-1213	994	8	subscribers	subscriber	NOUN
cblr-1213	994	9	,	,	PUNCT
cblr-1213	994	10	derived	derive	VERB
cblr-1213	994	11	from	from	ADP
cblr-1213	994	12	underlying	underlie	VERB
cblr-1213	994	13	security	security	NOUN
cblr-1213	994	14	offer	offer	NOUN
cblr-1213	994	15	prices	price	NOUN
cblr-1213	994	16	and	and	CCONJ
cblr-1213	994	17	another	another	DET
cblr-1213	994	18	price	price	NOUN
cblr-1213	994	19	for	for	ADP
cblr-1213	994	20	redeemers	redeemer	NOUN
cblr-1213	994	21	,	,	PUNCT
cblr-1213	994	22	derived	derive	VERB
cblr-1213	994	23	from	from	ADP
cblr-1213	994	24	underlying	underlie	VERB
cblr-1213	994	25	security	security	NOUN
cblr-1213	994	26	bid	bid	NOUN
cblr-1213	994	27	prices	price	NOUN
cblr-1213	994	28	and	and	CCONJ
cblr-1213	994	29	in	in	ADP
cblr-1213	994	30	each	each	DET
cblr-1213	994	31	case	case	NOUN
cblr-1213	994	32	,	,	PUNCT
cblr-1213	994	33	potentially	potentially	ADV
cblr-1213	994	34	the	the	DET
cblr-1213	994	35	related	related	ADJ
cblr-1213	994	36	market	market	NOUN
cblr-1213	994	37	costs	cost	NOUN
cblr-1213	994	38	.	.	PUNCT
cblr-1213	995	1	”303	”303	X
cblr-1213	995	2	dual	dual	ADJ
cblr-1213	995	3	pricing	pricing	NOUN
cblr-1213	995	4	conveys	convey	VERB
cblr-1213	995	5	transaction	transaction	NOUN
cblr-1213	995	6	costs	cost	NOUN
cblr-1213	995	7	to	to	ADP
cblr-1213	995	8	the	the	DET
cblr-1213	995	9	transacting	transact	VERB
cblr-1213	995	10	shareholders	shareholder	NOUN
cblr-1213	995	11	by	by	ADP
cblr-1213	995	12	publishing	publish	VERB
cblr-1213	995	13	a	a	DET
cblr-1213	995	14	“	"	PUNCT
cblr-1213	995	15	bid	bid	NOUN
cblr-1213	995	16	”	"	PUNCT
cblr-1213	995	17	nav	nav	NOUN
cblr-1213	995	18	at	at	ADP
cblr-1213	995	19	which	which	PRON
cblr-1213	995	20	the	the	DET
cblr-1213	995	21	fund	fund	NOUN
cblr-1213	995	22	is	be	AUX
cblr-1213	995	23	purchased	purchase	VERB
cblr-1213	995	24	and	and	CCONJ
cblr-1213	995	25	an	an	DET
cblr-1213	995	26	“	"	PUNCT
cblr-1213	995	27	ask	ask	NOUN
cblr-1213	995	28	”	"	PUNCT
cblr-1213	995	29	nav	nav	NOUN
cblr-1213	995	30	at	at	ADP
cblr-1213	995	31	which	which	PRON
cblr-1213	995	32	the	the	DET
cblr-1213	995	33	fund	fund	NOUN
cblr-1213	995	34	is	be	AUX
cblr-1213	995	35	sold	sell	VERB
cblr-1213	995	36	on	on	ADP
cblr-1213	995	37	a	a	DET
cblr-1213	995	38	business	business	NOUN
cblr-1213	995	39	day.304	day.304	NOUN
cblr-1213	995	40	a	a	DET
cblr-1213	995	41	“	"	PUNCT
cblr-1213	995	42	crossing	crossing	NOUN
cblr-1213	995	43	”	"	PUNCT
cblr-1213	995	44	method	method	NOUN
cblr-1213	995	45	matches	match	VERB
cblr-1213	995	46	purchases	purchase	NOUN
cblr-1213	995	47	and	and	CCONJ
cblr-1213	995	48	sales	sale	NOUN
cblr-1213	995	49	while	while	SCONJ
cblr-1213	995	50	portfolio	portfolio	NOUN
cblr-1213	995	51	securities	security	NOUN
cblr-1213	995	52	are	be	AUX
cblr-1213	995	53	traded	trade	VERB
cblr-1213	995	54	and	and	CCONJ
cblr-1213	995	55	related	related	ADJ
cblr-1213	995	56	costs	cost	NOUN
cblr-1213	995	57	are	be	AUX
cblr-1213	995	58	then	then	ADV
cblr-1213	995	59	borne	bear	VERB
cblr-1213	995	60	by	by	ADP
cblr-1213	995	61	the	the	DET
cblr-1213	995	62	purchasing	purchasing	NOUN
cblr-1213	995	63	and	and	CCONJ
cblr-1213	995	64	selling	sell	VERB
cblr-1213	995	65	shareholders	shareholder	NOUN
cblr-1213	995	66	via	via	ADP
cblr-1213	995	67	the	the	DET
cblr-1213	995	68	nav.305	nav.305	NOUN
cblr-1213	995	69	thus	thus	ADV
cblr-1213	995	70	,	,	PUNCT
cblr-1213	995	71	two	two	NUM
cblr-1213	995	72	navs	navs	NOUN
cblr-1213	995	73	are	be	AUX
cblr-1213	995	74	published	publish	VERB
cblr-1213	995	75	—	—	PUNCT
cblr-1213	995	76	a	a	DET
cblr-1213	995	77	bid	bid	NOUN
cblr-1213	995	78	nav	nav	NOUN
cblr-1213	995	79	for	for	ADP
cblr-1213	995	80	purchasing	purchase	VERB
cblr-1213	995	81	shareholders	shareholder	NOUN
cblr-1213	995	82	and	and	CCONJ
cblr-1213	995	83	an	an	DET
cblr-1213	995	84	ask	ask	NOUN
cblr-1213	995	85	nav	nav	NOUN
cblr-1213	995	86	for	for	ADP
cblr-1213	995	87	redeeming	redeem	VERB
cblr-1213	995	88	shareholders	shareholder	NOUN
cblr-1213	995	89	—	—	PUNCT
cblr-1213	995	90	spreading	spread	VERB
cblr-1213	995	91	the	the	DET
cblr-1213	995	92	transactional	transactional	ADJ
cblr-1213	995	93	costs	cost	NOUN
cblr-1213	995	94	to	to	ADP
cblr-1213	995	95	shareholders	shareholder	NOUN
cblr-1213	995	96	who	who	PRON
cblr-1213	995	97	precipitate	precipitate	VERB
cblr-1213	995	98	the	the	DET
cblr-1213	995	99	need	need	NOUN
cblr-1213	995	100	for	for	ADP
cblr-1213	995	101	trading	trading	NOUN
cblr-1213	995	102	portfolio	portfolio	NOUN
cblr-1213	995	103	securities	security	NOUN
cblr-1213	995	104	.	.	PUNCT
cblr-1213	996	1	ucits	ucit	NOUN
cblr-1213	996	2	and	and	CCONJ
cblr-1213	996	3	alternative	alternative	ADJ
cblr-1213	996	4	investments	investment	NOUN
cblr-1213	996	5	funds	fund	NOUN
cblr-1213	996	6	(	(	PUNCT
cblr-1213	996	7	“	"	PUNCT
cblr-1213	996	8	aifs	aif	NOUN
cblr-1213	996	9	”	"	PUNCT
cblr-1213	996	10	)	)	PUNCT
cblr-1213	996	11	sold	sell	VERB
cblr-1213	996	12	in	in	ADP
cblr-1213	996	13	markets	market	NOUN
cblr-1213	996	14	outside	outside	ADP
cblr-1213	996	15	of	of	ADP
cblr-1213	996	16	the	the	DET
cblr-1213	996	17	united	united	PROPN
cblr-1213	996	18	states	states	PROPN
cblr-1213	996	19	primarily	primarily	ADV
cblr-1213	996	20	utilize	utilize	VERB
cblr-1213	996	21	dual	dual	ADJ
cblr-1213	996	22	pricing.306	pricing.306	PROPN
cblr-1213	996	23	the	the	DET
cblr-1213	996	24	sec	sec	PROPN
cblr-1213	996	25	considered	consider	VERB
cblr-1213	996	26	but	but	CCONJ
cblr-1213	996	27	rejected	reject	VERB
cblr-1213	996	28	dual	dual	ADJ
cblr-1213	996	29	pricing	pricing	NOUN
cblr-1213	996	30	in	in	ADP
cblr-1213	996	31	favor	favor	NOUN
cblr-1213	996	32	of	of	ADP
cblr-1213	996	33	swing	swing	NOUN
cblr-1213	996	34	pricing	pricing	NOUN
cblr-1213	996	35	,	,	PUNCT
cblr-1213	996	36	citing	cite	VERB
cblr-1213	996	37	concerns	concern	NOUN
cblr-1213	996	38	about	about	ADP
cblr-1213	996	39	operational	operational	ADJ
cblr-1213	996	40	challenges	challenge	NOUN
cblr-1213	996	41	to	to	PART
cblr-1213	996	42	implement	implement	VERB
cblr-1213	996	43	the	the	DET
cblr-1213	996	44	system	system	NOUN
cblr-1213	996	45	as	as	ADV
cblr-1213	996	46	well	well	ADV
cblr-1213	996	47	as	as	ADP
cblr-1213	996	48	investor	investor	NOUN
cblr-1213	996	49	comprehension	comprehension	NOUN
cblr-1213	996	50	and	and	CCONJ
cblr-1213	996	51	comfort.307	comfort.307	NOUN
cblr-1213	996	52	while	while	SCONJ
cblr-1213	996	53	dual	dual	ADJ
cblr-1213	996	54	pricing	pricing	NOUN
cblr-1213	996	55	may	may	AUX
cblr-1213	996	56	effectively	effectively	ADV
cblr-1213	996	57	externalize	externalize	VERB
cblr-1213	996	58	transactions	transaction	NOUN
cblr-1213	996	59	costs	cost	NOUN
cblr-1213	996	60	,	,	PUNCT
cblr-1213	996	61	u.s	u.s	PROPN
cblr-1213	996	62	.	.	PROPN
cblr-1213	996	63	mutual	mutual	ADJ
cblr-1213	996	64	funds	fund	NOUN
cblr-1213	996	65	have	have	VERB
cblr-1213	996	66	no	no	DET
cblr-1213	996	67	current	current	ADJ
cblr-1213	996	68	authority	authority	NOUN
cblr-1213	996	69	,	,	PUNCT
cblr-1213	996	70	or	or	CCONJ
cblr-1213	996	71	operational	operational	ADJ
cblr-1213	996	72	capacity	capacity	NOUN
cblr-1213	996	73	,	,	PUNCT
cblr-1213	996	74	to	to	PART
cblr-1213	996	75	engage	engage	VERB
cblr-1213	996	76	in	in	ADP
cblr-1213	996	77	dual	dual	ADJ
cblr-1213	996	78	pricing	pricing	NOUN
cblr-1213	996	79	.	.	PUNCT
cblr-1213	997	1	the	the	DET
cblr-1213	997	2	different	different	ADJ
cblr-1213	997	3	mutual	mutual	ADJ
cblr-1213	997	4	fund	fund	NOUN
cblr-1213	997	5	market	market	NOUN
cblr-1213	997	6	timing	timing	NOUN
cblr-1213	997	7	—	—	PUNCT
cblr-1213	997	8	when	when	SCONJ
cblr-1213	997	9	the	the	DET
cblr-1213	997	10	trading	trading	NOUN
cblr-1213	997	11	day	day	NOUN
cblr-1213	997	12	closes	close	VERB
cblr-1213	997	13	and	and	CCONJ
cblr-1213	997	14	the	the	DET
cblr-1213	997	15	time	time	NOUN
cblr-1213	997	16	funds	fund	NOUN
cblr-1213	997	17	have	have	VERB
cblr-1213	997	18	to	to	PART
cblr-1213	997	19	process	process	VERB
cblr-1213	997	20	orders	order	NOUN
cblr-1213	997	21	while	while	SCONJ
cblr-1213	997	22	striking	strike	VERB
cblr-1213	997	23	the	the	DET
cblr-1213	997	24	nav	nav	NOUN
cblr-1213	997	25	—	—	PUNCT
cblr-1213	997	26	between	between	ADP
cblr-1213	997	27	the	the	DET
cblr-1213	997	28	u.s	u.s	PROPN
cblr-1213	997	29	.	.	PROPN
cblr-1213	997	30	and	and	CCONJ
cblr-1213	997	31	european	european	ADJ
cblr-1213	997	32	markets	market	NOUN
cblr-1213	997	33	complicates	complicate	VERB
cblr-1213	997	34	swing	swing	NOUN
cblr-1213	997	35	pricing	pricing	NOUN
cblr-1213	997	36	,	,	PUNCT
cblr-1213	997	37	as	as	SCONJ
cblr-1213	997	38	discussed	discuss	VERB
cblr-1213	997	39	above	above	ADV
cblr-1213	997	40	,	,	PUNCT
cblr-1213	997	41	and	and	CCONJ
cblr-1213	997	42	complicates	complicate	VERB
cblr-1213	997	43	dual	dual	ADJ
cblr-1213	997	44	pricing	pricing	NOUN
cblr-1213	997	45	as	as	ADV
cblr-1213	997	46	well	well	ADV
cblr-1213	997	47	.	.	PUNCT
cblr-1213	998	1	308	308	NUM
cblr-1213	998	2	the	the	DET
cblr-1213	998	3	criticisms	criticism	NOUN
cblr-1213	998	4	of	of	ADP
cblr-1213	998	5	blind	blind	ADJ
cblr-1213	998	6	swinging	swinging	NOUN
cblr-1213	998	7	apply	apply	VERB
cblr-1213	998	8	with	with	ADP
cblr-1213	998	9	equal	equal	ADJ
cblr-1213	998	10	at	at	ADP
cblr-1213	998	11	62329	62329	NUM
cblr-1213	998	12	.	.	PUNCT
cblr-1213	999	1	note	note	VERB
cblr-1213	999	2	that	that	SCONJ
cblr-1213	999	3	alfi	alfi	PROPN
cblr-1213	999	4	does	do	AUX
cblr-1213	999	5	not	not	PART
cblr-1213	999	6	specify	specify	VERB
cblr-1213	999	7	whether	whether	SCONJ
cblr-1213	999	8	it	it	PRON
cblr-1213	999	9	refers	refer	VERB
cblr-1213	999	10	to	to	ADP
cblr-1213	999	11	a	a	DET
cblr-1213	999	12	dual	dual	ADV
cblr-1213	999	13	priced	price	VERB
cblr-1213	999	14	mutual	mutual	ADJ
cblr-1213	999	15	fund	fund	NOUN
cblr-1213	999	16	,	,	PUNCT
cblr-1213	999	17	ucit	ucit	ADJ
cblr-1213	999	18	,	,	PUNCT
cblr-1213	999	19	or	or	CCONJ
cblr-1213	999	20	aif	aif	PROPN
cblr-1213	999	21	.	.	PUNCT
cblr-1213	1000	1	303	303	NUM
cblr-1213	1000	2	alfi	alfi	NOUN
cblr-1213	1000	3	2015	2015	NUM
cblr-1213	1000	4	survey	survey	NOUN
cblr-1213	1000	5	,	,	PUNCT
cblr-1213	1000	6	supra	supra	PROPN
cblr-1213	1000	7	note	note	NOUN
cblr-1213	1000	8	58	58	NUM
cblr-1213	1000	9	,	,	PUNCT
cblr-1213	1000	10	at	at	ADP
cblr-1213	1000	11	7	7	NUM
cblr-1213	1000	12	.	.	NUM
cblr-1213	1000	13	304	304	NUM
cblr-1213	1001	1	i	i	PRON
cblr-1213	1001	2	d.	d.	PROPN
cblr-1213	1001	3	at	at	ADP
cblr-1213	1001	4	9	9	NUM
cblr-1213	1001	5	.	.	X
cblr-1213	1002	1	305	305	NUM
cblr-1213	1002	2	i	i	PROPN
cblr-1213	1002	3	d.	d.	PROPN
cblr-1213	1002	4	306	306	NUM
cblr-1213	1002	5	blackrock	blackrock	NOUN
cblr-1213	1002	6	,	,	PUNCT
cblr-1213	1002	7	viewpoint	viewpoint	NOUN
cblr-1213	1002	8	:	:	PUNCT
cblr-1213	1002	9	fund	fund	NOUN
cblr-1213	1002	10	structures	structure	NOUN
cblr-1213	1002	11	as	as	ADP
cblr-1213	1002	12	systemic	systemic	ADJ
cblr-1213	1002	13	risk	risk	NOUN
cblr-1213	1002	14	mitigants	mitigant	NOUN
cblr-1213	1002	15	6	6	NUM
cblr-1213	1002	16	(	(	PUNCT
cblr-1213	1002	17	2014	2014	NUM
cblr-1213	1002	18	)	)	PUNCT
cblr-1213	1002	19	.	.	PUNCT
cblr-1213	1003	1	307	307	NUM
cblr-1213	1003	2	the	the	DET
cblr-1213	1003	3	sec	sec	PROPN
cblr-1213	1003	4	“	"	PUNCT
cblr-1213	1003	5	believe[d	believe[d	PROPN
cblr-1213	1003	6	]	]	PUNCT
cblr-1213	1004	1	[	[	X
cblr-1213	1004	2	swing	swing	NOUN
cblr-1213	1004	3	pricing	pricing	NOUN
cblr-1213	1004	4	]	]	PUNCT
cblr-1213	1004	5	would	would	AUX
cblr-1213	1004	6	be	be	AUX
cblr-1213	1004	7	simpler	simple	ADJ
cblr-1213	1004	8	to	to	PART
cblr-1213	1004	9	implement	implement	VERB
cblr-1213	1004	10	and	and	CCONJ
cblr-1213	1004	11	for	for	SCONJ
cblr-1213	1004	12	investors	investor	NOUN
cblr-1213	1004	13	to	to	PART
cblr-1213	1004	14	understand	understand	VERB
cblr-1213	1004	15	.	.	PUNCT
cblr-1213	1004	16	”	"	PUNCT
cblr-1213	1005	1	swing	swing	NOUN
cblr-1213	1005	2	pricing	price	VERB
cblr-1213	1005	3	first	first	ADJ
cblr-1213	1005	4	proposal	proposal	NOUN
cblr-1213	1005	5	,	,	PUNCT
cblr-1213	1005	6	supra	supra	PROPN
cblr-1213	1005	7	note	note	NOUN
cblr-1213	1005	8	4	4	NUM
cblr-1213	1005	9	,	,	PUNCT
cblr-1213	1005	10	at	at	ADP
cblr-1213	1005	11	62329	62329	NUM
cblr-1213	1005	12	.	.	PUNCT
cblr-1213	1006	1	308	308	NUM
cblr-1213	1006	2	see	see	VERB
cblr-1213	1006	3	discussion	discussion	NOUN
cblr-1213	1006	4	supra	supra	PROPN
cblr-1213	1006	5	section	section	PROPN
cblr-1213	1006	6	iii.b	iii.b	PROPN
cblr-1213	1006	7	.	.	PUNCT
cblr-1213	1007	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	1007	2	198	198	NUM
cblr-1213	1007	3	columbia	columbia	PROPN
cblr-1213	1007	4	business	business	NOUN
cblr-1213	1007	5	law	law	PROPN
cblr-1213	1007	6	review	review	NOUN
cblr-1213	1007	7	[	[	X
cblr-1213	1007	8	vol	vol	NOUN
cblr-1213	1007	9	.	.	NOUN
cblr-1213	1007	10	2018	2018	NUM
cblr-1213	1007	11	force	force	NOUN
cblr-1213	1007	12	to	to	ADP
cblr-1213	1007	13	dual	dual	ADJ
cblr-1213	1007	14	pricing.309	pricing.309	NOUN
cblr-1213	1007	15	the	the	DET
cblr-1213	1007	16	sec	sec	PROPN
cblr-1213	1007	17	,	,	PUNCT
cblr-1213	1007	18	aware	aware	ADJ
cblr-1213	1007	19	of	of	ADP
cblr-1213	1007	20	the	the	DET
cblr-1213	1007	21	dual	dual	ADJ
cblr-1213	1007	22	pricing	pricing	NOUN
cblr-1213	1007	23	alternative	alternative	NOUN
cblr-1213	1007	24	,	,	PUNCT
cblr-1213	1007	25	rejected	reject	VERB
cblr-1213	1007	26	it	it	PRON
cblr-1213	1007	27	in	in	ADP
cblr-1213	1007	28	favor	favor	NOUN
cblr-1213	1007	29	of	of	ADP
cblr-1213	1007	30	swing	swing	NOUN
cblr-1213	1007	31	pricing	pricing	NOUN
cblr-1213	1007	32	as	as	ADP
cblr-1213	1007	33	a	a	DET
cblr-1213	1007	34	simpler	simple	ADJ
cblr-1213	1007	35	and	and	CCONJ
cblr-1213	1007	36	easier	easy	ADJ
cblr-1213	1007	37	-	-	PUNCT
cblr-1213	1007	38	to	to	PART
cblr-1213	1007	39	-	-	PUNCT
cblr-1213	1007	40	understand	understand	VERB
cblr-1213	1007	41	option	option	NOUN
cblr-1213	1007	42	.	.	PUNCT
cblr-1213	1008	1	310	310	NUM
cblr-1213	1008	2	in	in	ADP
cblr-1213	1008	3	addition	addition	NOUN
cblr-1213	1008	4	,	,	PUNCT
cblr-1213	1008	5	alfi	alfi	PROPN
cblr-1213	1008	6	notes	note	VERB
cblr-1213	1008	7	that	that	SCONJ
cblr-1213	1008	8	dilution	dilution	NOUN
cblr-1213	1008	9	can	can	AUX
cblr-1213	1008	10	still	still	ADV
cblr-1213	1008	11	occur	occur	VERB
cblr-1213	1008	12	in	in	ADP
cblr-1213	1008	13	a	a	DET
cblr-1213	1008	14	dual	dual	ADV
cblr-1213	1008	15	priced	price	VERB
cblr-1213	1008	16	fund	fund	NOUN
cblr-1213	1008	17	if	if	SCONJ
cblr-1213	1008	18	the	the	DET
cblr-1213	1008	19	bid	bid	NOUN
cblr-1213	1008	20	/	/	SYM
cblr-1213	1008	21	offer	offer	NOUN
cblr-1213	1008	22	navs	navs	NOUN
cblr-1213	1008	23	are	be	AUX
cblr-1213	1008	24	not	not	PART
cblr-1213	1008	25	a	a	DET
cblr-1213	1008	26	full	full	ADJ
cblr-1213	1008	27	reflection	reflection	NOUN
cblr-1213	1008	28	of	of	ADP
cblr-1213	1008	29	the	the	DET
cblr-1213	1008	30	underlying	underlie	VERB
cblr-1213	1008	31	costs	cost	NOUN
cblr-1213	1008	32	of	of	ADP
cblr-1213	1008	33	the	the	DET
cblr-1213	1008	34	investment	investment	NOUN
cblr-1213	1008	35	or	or	CCONJ
cblr-1213	1008	36	divestment.311	divestment.311	PROPN
cblr-1213	1008	37	vi	vi	PROPN
cblr-1213	1008	38	.	.	PROPN
cblr-1213	1008	39	conclusion	conclusion	NOUN
cblr-1213	1008	40	this	this	DET
cblr-1213	1008	41	article	article	NOUN
cblr-1213	1008	42	concludes	conclude	VERB
cblr-1213	1008	43	by	by	ADP
cblr-1213	1008	44	noting	note	VERB
cblr-1213	1008	45	both	both	DET
cblr-1213	1008	46	authors	author	NOUN
cblr-1213	1008	47	’	'	PUNCT
cblr-1213	1008	48	shared	share	VERB
cblr-1213	1008	49	observations	observation	NOUN
cblr-1213	1008	50	and	and	CCONJ
cblr-1213	1008	51	bringing	bring	VERB
cblr-1213	1008	52	to	to	PART
cblr-1213	1008	53	bear	bear	VERB
cblr-1213	1008	54	their	their	PRON
cblr-1213	1008	55	individual	individual	ADJ
cblr-1213	1008	56	experiences	experience	NOUN
cblr-1213	1008	57	and	and	CCONJ
cblr-1213	1008	58	professional	professional	ADJ
cblr-1213	1008	59	expertise	expertise	NOUN
cblr-1213	1008	60	to	to	PART
cblr-1213	1008	61	analyze	analyze	VERB
cblr-1213	1008	62	the	the	DET
cblr-1213	1008	63	value	value	NOUN
cblr-1213	1008	64	and	and	CCONJ
cblr-1213	1008	65	viability	viability	NOUN
cblr-1213	1008	66	of	of	ADP
cblr-1213	1008	67	the	the	DET
cblr-1213	1008	68	swing	swing	NOUN
cblr-1213	1008	69	pricing	pricing	NOUN
cblr-1213	1008	70	rule	rule	NOUN
cblr-1213	1008	71	and	and	CCONJ
cblr-1213	1008	72	its	its	PRON
cblr-1213	1008	73	components	component	NOUN
cblr-1213	1008	74	.	.	PUNCT
cblr-1213	1009	1	first	first	ADV
cblr-1213	1009	2	,	,	PUNCT
cblr-1213	1009	3	both	both	DET
cblr-1213	1009	4	authors	author	NOUN
cblr-1213	1009	5	acknowledge	acknowledge	VERB
cblr-1213	1009	6	that	that	SCONJ
cblr-1213	1009	7	the	the	DET
cblr-1213	1009	8	swing	swing	NOUN
cblr-1213	1009	9	pricing	pricing	NOUN
cblr-1213	1009	10	rules	rule	NOUN
cblr-1213	1009	11	signal	signal	VERB
cblr-1213	1009	12	a	a	DET
cblr-1213	1009	13	significant	significant	ADJ
cblr-1213	1009	14	departure	departure	NOUN
cblr-1213	1009	15	in	in	ADP
cblr-1213	1009	16	mutual	mutual	ADJ
cblr-1213	1009	17	fund	fund	NOUN
cblr-1213	1009	18	regulation	regulation	NOUN
cblr-1213	1009	19	.	.	PUNCT
cblr-1213	1010	1	the	the	DET
cblr-1213	1010	2	limited	limited	ADJ
cblr-1213	1010	3	application	application	NOUN
cblr-1213	1010	4	(	(	PUNCT
cblr-1213	1010	5	and	and	CCONJ
cblr-1213	1010	6	use	use	NOUN
cblr-1213	1010	7	)	)	PUNCT
cblr-1213	1010	8	of	of	ADP
cblr-1213	1010	9	the	the	DET
cblr-1213	1010	10	existing	exist	VERB
cblr-1213	1010	11	liquidity	liquidity	NOUN
cblr-1213	1010	12	and	and	CCONJ
cblr-1213	1010	13	dilution	dilution	NOUN
cblr-1213	1010	14	tools	tool	NOUN
cblr-1213	1010	15	outlined	outline	VERB
cblr-1213	1010	16	in	in	ADP
cblr-1213	1010	17	part	part	NOUN
cblr-1213	1010	18	v	v	PART
cblr-1213	1010	19	demonstrate	demonstrate	VERB
cblr-1213	1010	20	the	the	DET
cblr-1213	1010	21	low	low	ADJ
cblr-1213	1010	22	industry	industry	NOUN
cblr-1213	1010	23	and	and	CCONJ
cblr-1213	1010	24	regulatory	regulatory	ADJ
cblr-1213	1010	25	priority	priority	NOUN
cblr-1213	1010	26	previously	previously	ADV
cblr-1213	1010	27	placed	place	VERB
cblr-1213	1010	28	on	on	ADP
cblr-1213	1010	29	liquidity	liquidity	NOUN
cblr-1213	1010	30	and	and	CCONJ
cblr-1213	1010	31	dilution	dilution	NOUN
cblr-1213	1010	32	management	management	NOUN
cblr-1213	1010	33	.	.	PUNCT
cblr-1213	1011	1	swing	swing	NOUN
cblr-1213	1011	2	pricing	pricing	NOUN
cblr-1213	1011	3	,	,	PUNCT
cblr-1213	1011	4	on	on	ADP
cblr-1213	1011	5	the	the	DET
cblr-1213	1011	6	other	other	ADJ
cblr-1213	1011	7	hand	hand	NOUN
cblr-1213	1011	8	,	,	PUNCT
cblr-1213	1011	9	is	be	AUX
cblr-1213	1011	10	a	a	DET
cblr-1213	1011	11	tool	tool	NOUN
cblr-1213	1011	12	that	that	SCONJ
cblr-1213	1011	13	with	with	ADP
cblr-1213	1011	14	operational	operational	ADJ
cblr-1213	1011	15	changes	change	NOUN
cblr-1213	1011	16	could	could	AUX
cblr-1213	1011	17	be	be	AUX
cblr-1213	1011	18	used	use	VERB
cblr-1213	1011	19	consistently	consistently	ADV
cblr-1213	1011	20	by	by	ADP
cblr-1213	1011	21	many	many	ADJ
cblr-1213	1011	22	u.s	u.s	PROPN
cblr-1213	1011	23	.	.	PROPN
cblr-1213	1011	24	mutual	mutual	ADJ
cblr-1213	1011	25	funds	fund	NOUN
cblr-1213	1011	26	.	.	PUNCT
cblr-1213	1012	1	second	second	ADJ
cblr-1213	1012	2	,	,	PUNCT
cblr-1213	1012	3	and	and	CCONJ
cblr-1213	1012	4	most	most	ADV
cblr-1213	1012	5	notably	notably	ADV
cblr-1213	1012	6	,	,	PUNCT
cblr-1213	1012	7	swing	swing	NOUN
cblr-1213	1012	8	pricing	pricing	NOUN
cblr-1213	1012	9	authorizes	authorize	VERB
cblr-1213	1012	10	funds	fund	NOUN
cblr-1213	1012	11	to	to	PART
cblr-1213	1012	12	alter	alter	VERB
cblr-1213	1012	13	the	the	DET
cblr-1213	1012	14	nav	nav	NOUN
cblr-1213	1012	15	—	—	PUNCT
cblr-1213	1012	16	the	the	DET
cblr-1213	1012	17	single	single	ADJ
cblr-1213	1012	18	most	most	ADV
cblr-1213	1012	19	definitive	definitive	ADJ
cblr-1213	1012	20	feature	feature	NOUN
cblr-1213	1012	21	of	of	ADP
cblr-1213	1012	22	open	open	ADJ
cblr-1213	1012	23	-	-	PUNCT
cblr-1213	1012	24	ended	end	VERB
cblr-1213	1012	25	funds	fund	NOUN
cblr-1213	1012	26	in	in	ADP
cblr-1213	1012	27	the	the	DET
cblr-1213	1012	28	united	united	PROPN
cblr-1213	1012	29	states	states	PROPN
cblr-1213	1012	30	.	.	PUNCT
cblr-1213	1013	1	this	this	PRON
cblr-1213	1013	2	is	be	AUX
cblr-1213	1013	3	a	a	DET
cblr-1213	1013	4	technical	technical	ADJ
cblr-1213	1013	5	,	,	PUNCT
cblr-1213	1013	6	but	but	CCONJ
cblr-1213	1013	7	radical	radical	ADJ
cblr-1213	1013	8	,	,	PUNCT
cblr-1213	1013	9	change	change	NOUN
cblr-1213	1013	10	to	to	ADP
cblr-1213	1013	11	mutual	mutual	ADJ
cblr-1213	1013	12	fund	fund	NOUN
cblr-1213	1013	13	regulation	regulation	NOUN
cblr-1213	1013	14	.	.	PUNCT
cblr-1213	1014	1	market	market	NOUN
cblr-1213	1014	2	data	datum	NOUN
cblr-1213	1014	3	and	and	CCONJ
cblr-1213	1014	4	operational	operational	ADJ
cblr-1213	1014	5	timing	timing	NOUN
cblr-1213	1014	6	conflicts	conflict	NOUN
cblr-1213	1014	7	are	be	AUX
cblr-1213	1014	8	the	the	DET
cblr-1213	1014	9	biggest	big	ADJ
cblr-1213	1014	10	barriers	barrier	NOUN
cblr-1213	1014	11	to	to	ADP
cblr-1213	1014	12	successful	successful	ADJ
cblr-1213	1014	13	swing	swing	NOUN
cblr-1213	1014	14	pricing	pricing	NOUN
cblr-1213	1014	15	implementation	implementation	NOUN
cblr-1213	1014	16	.	.	PUNCT
cblr-1213	1015	1	how	how	SCONJ
cblr-1213	1015	2	can	can	AUX
cblr-1213	1015	3	funds	fund	NOUN
cblr-1213	1015	4	estimate	estimate	VERB
cblr-1213	1015	5	the	the	DET
cblr-1213	1015	6	swing	swing	NOUN
cblr-1213	1015	7	threshold	threshold	NOUN
cblr-1213	1015	8	trigger	trigger	NOUN
cblr-1213	1015	9	and	and	CCONJ
cblr-1213	1015	10	subsequent	subsequent	ADJ
cblr-1213	1015	11	nav	nav	NOUN
cblr-1213	1015	12	adjustment	adjustment	NOUN
cblr-1213	1015	13	by	by	ADP
cblr-1213	1015	14	the	the	DET
cblr-1213	1015	15	swing	swing	NOUN
cblr-1213	1015	16	factor	factor	NOUN
cblr-1213	1015	17	before	before	SCONJ
cblr-1213	1015	18	they	they	PRON
cblr-1213	1015	19	receive	receive	VERB
cblr-1213	1015	20	complete	complete	ADJ
cblr-1213	1015	21	trading	trading	NOUN
cblr-1213	1015	22	data	datum	NOUN
cblr-1213	1015	23	?	?	PUNCT
cblr-1213	1016	1	significant	significant	ADJ
cblr-1213	1016	2	industry	industry	NOUN
cblr-1213	1016	3	practices	practice	NOUN
cblr-1213	1016	4	,	,	PUNCT
cblr-1213	1016	5	especially	especially	ADV
cblr-1213	1016	6	with	with	ADP
cblr-1213	1016	7	regard	regard	NOUN
cblr-1213	1016	8	to	to	ADP
cblr-1213	1016	9	intermediaries	intermediary	NOUN
cblr-1213	1016	10	servicing	service	VERB
cblr-1213	1016	11	retirement	retirement	NOUN
cblr-1213	1016	12	accounts	account	NOUN
cblr-1213	1016	13	,	,	PUNCT
cblr-1213	1016	14	will	will	AUX
cblr-1213	1016	15	need	need	VERB
cblr-1213	1016	16	procedural	procedural	ADJ
cblr-1213	1016	17	adjustments	adjustment	NOUN
cblr-1213	1016	18	,	,	PUNCT
cblr-1213	1016	19	possibly	possibly	ADV
cblr-1213	1016	20	along	along	ADP
cblr-1213	1016	21	with	with	ADP
cblr-1213	1016	22	309	309	NUM
cblr-1213	1016	23	a	a	DET
cblr-1213	1016	24	fund	fund	NOUN
cblr-1213	1016	25	would	would	AUX
cblr-1213	1016	26	publish	publish	VERB
cblr-1213	1016	27	its	its	PRON
cblr-1213	1016	28	nav	nav	NOUN
cblr-1213	1016	29	before	before	SCONJ
cblr-1213	1016	30	it	it	PRON
cblr-1213	1016	31	could	could	AUX
cblr-1213	1016	32	fully	fully	ADV
cblr-1213	1016	33	assess	assess	VERB
cblr-1213	1016	34	the	the	DET
cblr-1213	1016	35	impact	impact	NOUN
cblr-1213	1016	36	of	of	ADP
cblr-1213	1016	37	shareholder	shareholder	NOUN
cblr-1213	1016	38	purchases	purchase	NOUN
cblr-1213	1016	39	and	and	CCONJ
cblr-1213	1016	40	redemptions	redemption	NOUN
cblr-1213	1016	41	and	and	CCONJ
cblr-1213	1016	42	apply	apply	VERB
cblr-1213	1016	43	adjustments	adjustment	NOUN
cblr-1213	1016	44	to	to	PART
cblr-1213	1016	45	calculate	calculate	VERB
cblr-1213	1016	46	the	the	DET
cblr-1213	1016	47	separate	separate	ADJ
cblr-1213	1016	48	bid	bid	NOUN
cblr-1213	1016	49	and	and	CCONJ
cblr-1213	1016	50	ask	ask	VERB
cblr-1213	1016	51	navs	navs	PROPN
cblr-1213	1016	52	.	.	PUNCT
cblr-1213	1017	1	310	310	NUM
cblr-1213	1017	2	swing	swing	NOUN
cblr-1213	1017	3	pricing	price	VERB
cblr-1213	1017	4	first	first	ADJ
cblr-1213	1017	5	proposal	proposal	NOUN
cblr-1213	1017	6	,	,	PUNCT
cblr-1213	1017	7	supra	supra	PROPN
cblr-1213	1017	8	note	note	NOUN
cblr-1213	1017	9	4	4	NUM
cblr-1213	1017	10	,	,	PUNCT
cblr-1213	1017	11	at	at	ADP
cblr-1213	1017	12	62329	62329	NUM
cblr-1213	1017	13	;	;	PUNCT
cblr-1213	1017	14	see	see	VERB
cblr-1213	1017	15	also	also	ADV
cblr-1213	1017	16	final	final	ADJ
cblr-1213	1017	17	rules	rule	NOUN
cblr-1213	1017	18	,	,	PUNCT
cblr-1213	1017	19	supra	supra	PROPN
cblr-1213	1017	20	note	note	NOUN
cblr-1213	1017	21	4	4	NUM
cblr-1213	1017	22	,	,	PUNCT
cblr-1213	1017	23	at	at	ADP
cblr-1213	1017	24	82087	82087	NUM
cblr-1213	1017	25	(	(	PUNCT
cblr-1213	1017	26	citing	cite	VERB
cblr-1213	1017	27	to	to	ADP
cblr-1213	1017	28	in	in	ADP
cblr-1213	1017	29	-	-	PUNCT
cblr-1213	1017	30	kind	kind	NOUN
cblr-1213	1017	31	redemption	redemption	NOUN
cblr-1213	1017	32	comments	comment	NOUN
cblr-1213	1017	33	)	)	PUNCT
cblr-1213	1017	34	.	.	PUNCT
cblr-1213	1018	1	311	311	NUM
cblr-1213	1018	2	alfi	alfi	NOUN
cblr-1213	1018	3	2015	2015	NUM
cblr-1213	1018	4	survey	survey	NOUN
cblr-1213	1018	5	,	,	PUNCT
cblr-1213	1018	6	supra	supra	PROPN
cblr-1213	1018	7	note	note	NOUN
cblr-1213	1018	8	58	58	NUM
cblr-1213	1018	9	,	,	PUNCT
cblr-1213	1018	10	at	at	ADP
cblr-1213	1018	11	8	8	NUM
cblr-1213	1018	12	.	.	PUNCT
cblr-1213	1019	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	1019	2	no	no	NOUN
cblr-1213	1019	3	.	.	PUNCT
cblr-1213	1020	1	1:130	1:130	NUM
cblr-1213	1020	2	]	]	X
cblr-1213	1020	3	will	will	AUX
cblr-1213	1020	4	swing	swing	VERB
cblr-1213	1020	5	pricing	pricing	NOUN
cblr-1213	1020	6	save	save	VERB
cblr-1213	1020	7	sedentary	sedentary	ADJ
cblr-1213	1020	8	shareholders	shareholder	NOUN
cblr-1213	1020	9	?	?	PUNCT
cblr-1213	1021	1	199	199	NUM
cblr-1213	1021	2	the	the	DET
cblr-1213	1021	3	financial	financial	ADJ
cblr-1213	1021	4	incentives	incentive	NOUN
cblr-1213	1021	5	,	,	PUNCT
cblr-1213	1021	6	to	to	PART
cblr-1213	1021	7	do	do	VERB
cblr-1213	1021	8	so	so	ADV
cblr-1213	1021	9	.	.	PUNCT
cblr-1213	1022	1	complete	complete	VERB
cblr-1213	1022	2	and	and	CCONJ
cblr-1213	1022	3	reliable	reliable	ADJ
cblr-1213	1022	4	market	market	NOUN
cblr-1213	1022	5	data	datum	NOUN
cblr-1213	1022	6	are	be	AUX
cblr-1213	1022	7	prerequisites	prerequisite	NOUN
cblr-1213	1022	8	to	to	ADP
cblr-1213	1022	9	implementing	implement	VERB
cblr-1213	1022	10	swing	swing	NOUN
cblr-1213	1022	11	pricing	pricing	NOUN
cblr-1213	1022	12	with	with	ADP
cblr-1213	1022	13	any	any	DET
cblr-1213	1022	14	degree	degree	NOUN
cblr-1213	1022	15	of	of	ADP
cblr-1213	1022	16	confidence	confidence	NOUN
cblr-1213	1022	17	,	,	PUNCT
cblr-1213	1022	18	accuracy	accuracy	NOUN
cblr-1213	1022	19	or	or	CCONJ
cblr-1213	1022	20	efficiency	efficiency	NOUN
cblr-1213	1022	21	,	,	PUNCT
cblr-1213	1022	22	especially	especially	ADV
cblr-1213	1022	23	in	in	ADP
cblr-1213	1022	24	light	light	NOUN
cblr-1213	1022	25	of	of	ADP
cblr-1213	1022	26	the	the	DET
cblr-1213	1022	27	absence	absence	NOUN
cblr-1213	1022	28	of	of	ADP
cblr-1213	1022	29	a	a	DET
cblr-1213	1022	30	safe	safe	ADJ
cblr-1213	1022	31	harbor	harbor	NOUN
cblr-1213	1022	32	for	for	ADP
cblr-1213	1022	33	participating	participate	VERB
cblr-1213	1022	34	funds	fund	NOUN
cblr-1213	1022	35	.	.	PUNCT
cblr-1213	1023	1	blockchain	blockchain	PROPN
cblr-1213	1023	2	technology	technology	PROPN
cblr-1213	1023	3	offering	offer	VERB
cblr-1213	1023	4	automated	automate	VERB
cblr-1213	1023	5	,	,	PUNCT
cblr-1213	1023	6	verified	verify	VERB
cblr-1213	1023	7	,	,	PUNCT
cblr-1213	1023	8	and	and	CCONJ
cblr-1213	1023	9	secure	secure	ADJ
cblr-1213	1023	10	ledger	ledger	NOUN
cblr-1213	1023	11	maintenance	maintenance	NOUN
cblr-1213	1023	12	is	be	AUX
cblr-1213	1023	13	one	one	NUM
cblr-1213	1023	14	promising	promise	VERB
cblr-1213	1023	15	avenue.312	avenue.312	NOUN
cblr-1213	1023	16	the	the	DET
cblr-1213	1023	17	voluntary	voluntary	ADJ
cblr-1213	1023	18	nature	nature	NOUN
cblr-1213	1023	19	of	of	ADP
cblr-1213	1023	20	the	the	DET
cblr-1213	1023	21	swing	swing	NOUN
cblr-1213	1023	22	pricing	pricing	NOUN
cblr-1213	1023	23	rules	rule	NOUN
cblr-1213	1023	24	compounds	compound	VERB
cblr-1213	1023	25	the	the	DET
cblr-1213	1023	26	necessity	necessity	NOUN
cblr-1213	1023	27	of	of	ADP
cblr-1213	1023	28	systemic	systemic	ADJ
cblr-1213	1023	29	industry	industry	NOUN
cblr-1213	1023	30	change	change	NOUN
cblr-1213	1023	31	.	.	PUNCT
cblr-1213	1024	1	the	the	DET
cblr-1213	1024	2	sec	sec	PROPN
cblr-1213	1024	3	provided	provide	VERB
cblr-1213	1024	4	the	the	DET
cblr-1213	1024	5	opportunity	opportunity	NOUN
cblr-1213	1024	6	to	to	PART
cblr-1213	1024	7	swing	swing	VERB
cblr-1213	1024	8	the	the	DET
cblr-1213	1024	9	nav	nav	NOUN
cblr-1213	1024	10	,	,	PUNCT
cblr-1213	1024	11	but	but	CCONJ
cblr-1213	1024	12	not	not	PART
cblr-1213	1024	13	the	the	DET
cblr-1213	1024	14	path	path	NOUN
cblr-1213	1024	15	.	.	PUNCT
cblr-1213	1025	1	it	it	PRON
cblr-1213	1025	2	seems	seem	VERB
cblr-1213	1025	3	clear	clear	ADJ
cblr-1213	1025	4	to	to	ADP
cblr-1213	1025	5	both	both	DET
cblr-1213	1025	6	authors	author	NOUN
cblr-1213	1025	7	that	that	PRON
cblr-1213	1025	8	the	the	DET
cblr-1213	1025	9	sec	sec	PROPN
cblr-1213	1025	10	is	be	AUX
cblr-1213	1025	11	using	use	VERB
cblr-1213	1025	12	the	the	DET
cblr-1213	1025	13	voluntary	voluntary	ADJ
cblr-1213	1025	14	aspect	aspect	NOUN
cblr-1213	1025	15	of	of	ADP
cblr-1213	1025	16	the	the	DET
cblr-1213	1025	17	rules	rule	NOUN
cblr-1213	1025	18	to	to	PART
cblr-1213	1025	19	allow	allow	VERB
cblr-1213	1025	20	the	the	DET
cblr-1213	1025	21	first	first	ADJ
cblr-1213	1025	22	adopters	adopter	NOUN
cblr-1213	1025	23	to	to	PART
cblr-1213	1025	24	pave	pave	VERB
cblr-1213	1025	25	the	the	DET
cblr-1213	1025	26	way	way	NOUN
cblr-1213	1025	27	.	.	PUNCT
cblr-1213	1026	1	first	first	ADJ
cblr-1213	1026	2	adopters	adopter	NOUN
cblr-1213	1026	3	are	be	AUX
cblr-1213	1026	4	likely	likely	ADJ
cblr-1213	1026	5	to	to	PART
cblr-1213	1026	6	be	be	AUX
cblr-1213	1026	7	large	large	ADJ
cblr-1213	1026	8	firms	firm	NOUN
cblr-1213	1026	9	with	with	ADP
cblr-1213	1026	10	european	european	ADJ
cblr-1213	1026	11	funds	fund	NOUN
cblr-1213	1026	12	in	in	ADP
cblr-1213	1026	13	their	their	PRON
cblr-1213	1026	14	complex	complex	ADJ
cblr-1213	1026	15	and	and	CCONJ
cblr-1213	1026	16	experience	experience	NOUN
cblr-1213	1026	17	with	with	ADP
cblr-1213	1026	18	the	the	DET
cblr-1213	1026	19	practice	practice	NOUN
cblr-1213	1026	20	,	,	PUNCT
cblr-1213	1026	21	who	who	PRON
cblr-1213	1026	22	also	also	ADV
cblr-1213	1026	23	have	have	VERB
cblr-1213	1026	24	in	in	ADP
cblr-1213	1026	25	-	-	PUNCT
cblr-1213	1026	26	house	house	NOUN
cblr-1213	1026	27	transfer	transfer	NOUN
cblr-1213	1026	28	agents	agent	NOUN
cblr-1213	1026	29	with	with	ADP
cblr-1213	1026	30	proprietary	proprietary	ADJ
cblr-1213	1026	31	systems	system	NOUN
cblr-1213	1026	32	,	,	PUNCT
cblr-1213	1026	33	budgets	budget	NOUN
cblr-1213	1026	34	,	,	PUNCT
cblr-1213	1026	35	and	and	CCONJ
cblr-1213	1026	36	the	the	DET
cblr-1213	1026	37	teams	team	NOUN
cblr-1213	1026	38	needed	need	VERB
cblr-1213	1026	39	to	to	PART
cblr-1213	1026	40	undertake	undertake	VERB
cblr-1213	1026	41	the	the	DET
cblr-1213	1026	42	expensive	expensive	ADJ
cblr-1213	1026	43	proposition	proposition	NOUN
cblr-1213	1026	44	.	.	PUNCT
cblr-1213	1027	1	for	for	ADP
cblr-1213	1027	2	example	example	NOUN
cblr-1213	1027	3	,	,	PUNCT
cblr-1213	1027	4	large	large	ADJ
cblr-1213	1027	5	market	market	NOUN
cblr-1213	1027	6	players	player	NOUN
cblr-1213	1027	7	are	be	AUX
cblr-1213	1027	8	the	the	DET
cblr-1213	1027	9	early	early	ADJ
cblr-1213	1027	10	experimenters	experimenter	NOUN
cblr-1213	1027	11	in	in	ADP
cblr-1213	1027	12	blockchain	blockchain	PROPN
cblr-1213	1027	13	stock	stock	PROPN
cblr-1213	1027	14	ledgers.313	ledgers.313	PROPN
cblr-1213	1027	15	large	large	ADJ
cblr-1213	1027	16	firms	firm	NOUN
cblr-1213	1027	17	presumably	presumably	ADV
cblr-1213	1027	18	have	have	VERB
cblr-1213	1027	19	greater	great	ADJ
cblr-1213	1027	20	clout	clout	NOUN
cblr-1213	1027	21	and	and	CCONJ
cblr-1213	1027	22	more	more	ADJ
cblr-1213	1027	23	leverage	leverage	NOUN
cblr-1213	1027	24	with	with	ADP
cblr-1213	1027	25	intermediaries	intermediary	NOUN
cblr-1213	1027	26	than	than	SCONJ
cblr-1213	1027	27	smaller	small	ADJ
cblr-1213	1027	28	firms	firm	NOUN
cblr-1213	1027	29	do	do	VERB
cblr-1213	1027	30	.	.	PUNCT
cblr-1213	1028	1	this	this	DET
cblr-1213	1028	2	article	article	NOUN
cblr-1213	1028	3	refers	refer	VERB
cblr-1213	1028	4	to	to	ADP
cblr-1213	1028	5	this	this	PRON
cblr-1213	1028	6	as	as	ADP
cblr-1213	1028	7	the	the	DET
cblr-1213	1028	8	wal	wal	PROPN
cblr-1213	1028	9	-	-	ADJ
cblr-1213	1028	10	mart	mart	ADJ
cblr-1213	1028	11	effect	effect	NOUN
cblr-1213	1028	12	,	,	PUNCT
cblr-1213	1028	13	and	and	CCONJ
cblr-1213	1028	14	it	it	PRON
cblr-1213	1028	15	seems	seem	VERB
cblr-1213	1028	16	apt	apt	ADJ
cblr-1213	1028	17	.	.	PUNCT
cblr-1213	1029	1	intermediaries	intermediary	NOUN
cblr-1213	1029	2	must	must	AUX
cblr-1213	1029	3	be	be	AUX
cblr-1213	1029	4	willing	willing	ADJ
cblr-1213	1029	5	to	to	PART
cblr-1213	1029	6	make	make	VERB
cblr-1213	1029	7	significant	significant	ADJ
cblr-1213	1029	8	changes	change	NOUN
cblr-1213	1029	9	to	to	PART
cblr-1213	1029	10	trade	trade	VERB
cblr-1213	1029	11	cut	cut	VERB
cblr-1213	1029	12	-	-	PUNCT
cblr-1213	1029	13	off	off	ADP
cblr-1213	1029	14	times	time	NOUN
cblr-1213	1029	15	and	and	CCONJ
cblr-1213	1029	16	operational	operational	ADJ
cblr-1213	1029	17	systems	system	NOUN
cblr-1213	1029	18	if	if	SCONJ
cblr-1213	1029	19	any	any	DET
cblr-1213	1029	20	early	early	ADJ
cblr-1213	1029	21	adopter	adopter	NOUN
cblr-1213	1029	22	can	can	AUX
cblr-1213	1029	23	effectively	effectively	ADV
cblr-1213	1029	24	swing	swing	VERB
cblr-1213	1029	25	the	the	DET
cblr-1213	1029	26	nav	nav	NOUN
cblr-1213	1029	27	.	.	PUNCT
cblr-1213	1030	1	leaving	leave	VERB
cblr-1213	1030	2	the	the	DET
cblr-1213	1030	3	implementation	implementation	NOUN
cblr-1213	1030	4	path	path	NOUN
cblr-1213	1030	5	up	up	ADP
cblr-1213	1030	6	to	to	ADP
cblr-1213	1030	7	the	the	DET
cblr-1213	1030	8	mutual	mutual	ADJ
cblr-1213	1030	9	fund	fund	NOUN
cblr-1213	1030	10	industry	industry	NOUN
cblr-1213	1030	11	links	link	VERB
cblr-1213	1030	12	regulatory	regulatory	ADJ
cblr-1213	1030	13	success	success	NOUN
cblr-1213	1030	14	to	to	ADP
cblr-1213	1030	15	financial	financial	ADJ
cblr-1213	1030	16	incentives	incentive	NOUN
cblr-1213	1030	17	.	.	PUNCT
cblr-1213	1031	1	the	the	DET
cblr-1213	1031	2	industry	industry	NOUN
cblr-1213	1031	3	can	can	AUX
cblr-1213	1031	4	solve	solve	VERB
cblr-1213	1031	5	the	the	DET
cblr-1213	1031	6	operational	operational	ADJ
cblr-1213	1031	7	challenges	challenge	NOUN
cblr-1213	1031	8	,	,	PUNCT
cblr-1213	1031	9	but	but	CCONJ
cblr-1213	1031	10	only	only	ADV
cblr-1213	1031	11	if	if	SCONJ
cblr-1213	1031	12	it	it	PRON
cblr-1213	1031	13	is	be	AUX
cblr-1213	1031	14	lucrative	lucrative	ADJ
cblr-1213	1031	15	to	to	PART
cblr-1213	1031	16	do	do	VERB
cblr-1213	1031	17	so	so	ADV
cblr-1213	1031	18	.	.	PUNCT
cblr-1213	1032	1	financial	financial	ADJ
cblr-1213	1032	2	incentives	incentive	NOUN
cblr-1213	1032	3	may	may	AUX
cblr-1213	1032	4	be	be	AUX
cblr-1213	1032	5	found	find	VERB
cblr-1213	1032	6	in	in	ADP
cblr-1213	1032	7	blockchain	blockchain	PROPN
cblr-1213	1032	8	technology	technology	PROPN
cblr-1213	1032	9	advances	advance	NOUN
cblr-1213	1032	10	that	that	PRON
cblr-1213	1032	11	reduce	reduce	VERB
cblr-1213	1032	12	,	,	PUNCT
cblr-1213	1032	13	if	if	SCONJ
cblr-1213	1032	14	not	not	PART
cblr-1213	1032	15	eliminate	eliminate	VERB
cblr-1213	1032	16	,	,	PUNCT
cblr-1213	1032	17	the	the	DET
cblr-1213	1032	18	need	need	NOUN
cblr-1213	1032	19	for	for	ADP
cblr-1213	1032	20	operational	operational	ADJ
cblr-1213	1032	21	staff	staff	NOUN
cblr-1213	1032	22	and	and	CCONJ
cblr-1213	1032	23	inter	inter	ADJ
cblr-1213	1032	24	-	-	ADJ
cblr-1213	1032	25	institutional	institutional	ADJ
cblr-1213	1032	26	verification	verification	NOUN
cblr-1213	1032	27	of	of	ADP
cblr-1213	1032	28	stock	stock	NOUN
cblr-1213	1032	29	ledgers	ledger	NOUN
cblr-1213	1032	30	.	.	PUNCT
cblr-1213	1033	1	cost	cost	NOUN
cblr-1213	1033	2	savings	saving	NOUN
cblr-1213	1033	3	are	be	AUX
cblr-1213	1033	4	inherent	inherent	ADJ
cblr-1213	1033	5	in	in	ADP
cblr-1213	1033	6	collapsing	collapse	VERB
cblr-1213	1033	7	the	the	DET
cblr-1213	1033	8	mutual	mutual	ADJ
cblr-1213	1033	9	funds	fund	NOUN
cblr-1213	1033	10	and	and	CCONJ
cblr-1213	1033	11	retirement	retirement	NOUN
cblr-1213	1033	12	financial	financial	ADJ
cblr-1213	1033	13	services	service	NOUN
cblr-1213	1033	14	system	system	NOUN
cblr-1213	1033	15	.	.	PUNCT
cblr-1213	1034	1	which	which	PRON
cblr-1213	1034	2	parties	party	NOUN
cblr-1213	1034	3	benefit	benefit	VERB
cblr-1213	1034	4	from	from	ADP
cblr-1213	1034	5	the	the	DET
cblr-1213	1034	6	savings	saving	NOUN
cblr-1213	1034	7	—	—	PUNCT
cblr-1213	1034	8	funds	fund	NOUN
cblr-1213	1034	9	,	,	PUNCT
cblr-1213	1034	10	investors	investor	NOUN
cblr-1213	1034	11	,	,	PUNCT
cblr-1213	1034	12	plan	plan	NOUN
cblr-1213	1034	13	servicers	servicer	NOUN
cblr-1213	1034	14	,	,	PUNCT
cblr-1213	1034	15	etc.—remains	etc.—remain	VERB
cblr-1213	1034	16	to	to	PART
cblr-1213	1034	17	be	be	AUX
cblr-1213	1034	18	seen	see	VERB
cblr-1213	1034	19	.	.	PUNCT
cblr-1213	1035	1	relevant	relevant	ADJ
cblr-1213	1035	2	for	for	ADP
cblr-1213	1035	3	all	all	DET
cblr-1213	1035	4	mutual	mutual	ADJ
cblr-1213	1035	5	funds	fund	NOUN
cblr-1213	1035	6	,	,	PUNCT
cblr-1213	1035	7	the	the	DET
cblr-1213	1035	8	sec	sec	PROPN
cblr-1213	1035	9	telegraphed	telegraph	VERB
cblr-1213	1035	10	its	its	PRON
cblr-1213	1035	11	concerns	concern	NOUN
cblr-1213	1035	12	regarding	regard	VERB
cblr-1213	1035	13	liquidity	liquidity	NOUN
cblr-1213	1035	14	management	management	NOUN
cblr-1213	1035	15	and	and	CCONJ
cblr-1213	1035	16	dilution	dilution	NOUN
cblr-1213	1035	17	prevention	prevention	NOUN
cblr-1213	1035	18	as	as	ADP
cblr-1213	1035	19	regulatory	regulatory	ADJ
cblr-1213	1035	20	priorities	priority	NOUN
cblr-1213	1035	21	with	with	ADP
cblr-1213	1035	22	the	the	DET
cblr-1213	1035	23	new	new	ADJ
cblr-1213	1035	24	rules	rule	NOUN
cblr-1213	1035	25	.	.	PUNCT
cblr-1213	1036	1	with	with	ADP
cblr-1213	1036	2	the	the	DET
cblr-1213	1036	3	312	312	NUM
cblr-1213	1036	4	see	see	NOUN
cblr-1213	1036	5	supra	supra	PROPN
cblr-1213	1036	6	notes	note	VERB
cblr-1213	1036	7	227–248	227–248	NUM
cblr-1213	1036	8	and	and	CCONJ
cblr-1213	1036	9	accompanying	accompany	VERB
cblr-1213	1036	10	text	text	NOUN
cblr-1213	1036	11	for	for	ADP
cblr-1213	1036	12	a	a	DET
cblr-1213	1036	13	discussion	discussion	NOUN
cblr-1213	1036	14	of	of	ADP
cblr-1213	1036	15	blockchain	blockchain	PROPN
cblr-1213	1036	16	.	.	PUNCT
cblr-1213	1037	1	313	313	NUM
cblr-1213	1037	2	see	see	NOUN
cblr-1213	1037	3	e.g.	e.g.	ADV
cblr-1213	1037	4	,	,	PUNCT
cblr-1213	1037	5	irrera	irrera	NOUN
cblr-1213	1037	6	,	,	PUNCT
cblr-1213	1037	7	supra	supra	PROPN
cblr-1213	1037	8	note	note	NOUN
cblr-1213	1037	9	238	238	NUM
cblr-1213	1037	10	(	(	PUNCT
cblr-1213	1037	11	discussing	discuss	VERB
cblr-1213	1037	12	nasdaq	nasdaq	PROPN
cblr-1213	1037	13	blockchain	blockchain	PROPN
cblr-1213	1037	14	technology	technology	PROPN
cblr-1213	1037	15	for	for	ADP
cblr-1213	1037	16	mutual	mutual	ADJ
cblr-1213	1037	17	funds	fund	NOUN
cblr-1213	1037	18	)	)	PUNCT
cblr-1213	1037	19	.	.	PUNCT
cblr-1213	1038	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	1038	2	200	200	NUM
cblr-1213	1038	3	columbia	columbia	PROPN
cblr-1213	1038	4	business	business	NOUN
cblr-1213	1038	5	law	law	PROPN
cblr-1213	1038	6	review	review	NOUN
cblr-1213	1038	7	[	[	X
cblr-1213	1038	8	vol	vol	NOUN
cblr-1213	1038	9	.	.	PUNCT
cblr-1213	1038	10	2018	2018	NUM
cblr-1213	1038	11	swing	swing	NOUN
cblr-1213	1038	12	pricing	pricing	NOUN
cblr-1213	1038	13	rules	rule	NOUN
cblr-1213	1038	14	,	,	PUNCT
cblr-1213	1038	15	the	the	DET
cblr-1213	1038	16	sec	sec	PROPN
cblr-1213	1038	17	sends	send	VERB
cblr-1213	1038	18	a	a	DET
cblr-1213	1038	19	clear	clear	ADJ
cblr-1213	1038	20	message	message	NOUN
cblr-1213	1038	21	that	that	SCONJ
cblr-1213	1038	22	funds	fund	NOUN
cblr-1213	1038	23	and	and	CCONJ
cblr-1213	1038	24	fund	fund	NOUN
cblr-1213	1038	25	boards	board	NOUN
cblr-1213	1038	26	should	should	AUX
cblr-1213	1038	27	be	be	AUX
cblr-1213	1038	28	considering	consider	VERB
cblr-1213	1038	29	how	how	SCONJ
cblr-1213	1038	30	to	to	PART
cblr-1213	1038	31	address	address	VERB
cblr-1213	1038	32	potential	potential	ADJ
cblr-1213	1038	33	dilution	dilution	NOUN
cblr-1213	1038	34	to	to	ADP
cblr-1213	1038	35	shareholders	shareholder	NOUN
cblr-1213	1038	36	’	'	PUNCT
cblr-1213	1038	37	investments	investment	NOUN
cblr-1213	1038	38	.	.	PUNCT
cblr-1213	1039	1	funds	fund	NOUN
cblr-1213	1039	2	should	should	AUX
cblr-1213	1039	3	take	take	VERB
cblr-1213	1039	4	the	the	DET
cblr-1213	1039	5	sec	sec	PROPN
cblr-1213	1039	6	’s	’s	PART
cblr-1213	1039	7	message	message	NOUN
cblr-1213	1039	8	as	as	ADP
cblr-1213	1039	9	a	a	DET
cblr-1213	1039	10	prompt	prompt	NOUN
cblr-1213	1039	11	to	to	PART
cblr-1213	1039	12	assess	assess	VERB
cblr-1213	1039	13	their	their	PRON
cblr-1213	1039	14	current	current	ADJ
cblr-1213	1039	15	antidilution	antidilution	NOUN
cblr-1213	1039	16	tools	tool	NOUN
cblr-1213	1039	17	,	,	PUNCT
cblr-1213	1039	18	practices	practice	NOUN
cblr-1213	1039	19	,	,	PUNCT
cblr-1213	1039	20	and	and	CCONJ
cblr-1213	1039	21	related	related	ADJ
cblr-1213	1039	22	policies	policy	NOUN
cblr-1213	1039	23	and	and	CCONJ
cblr-1213	1039	24	procedures	procedure	NOUN
cblr-1213	1039	25	to	to	PART
cblr-1213	1039	26	determine	determine	VERB
cblr-1213	1039	27	whether	whether	SCONJ
cblr-1213	1039	28	they	they	PRON
cblr-1213	1039	29	are	be	AUX
cblr-1213	1039	30	sufficient	sufficient	ADJ
cblr-1213	1039	31	in	in	ADP
cblr-1213	1039	32	light	light	NOUN
cblr-1213	1039	33	of	of	ADP
cblr-1213	1039	34	not	not	PART
cblr-1213	1039	35	only	only	ADV
cblr-1213	1039	36	historical	historical	ADJ
cblr-1213	1039	37	flows	flow	NOUN
cblr-1213	1039	38	and	and	CCONJ
cblr-1213	1039	39	potential	potential	ADJ
cblr-1213	1039	40	emergency	emergency	NOUN
cblr-1213	1039	41	situations	situation	NOUN
cblr-1213	1039	42	,	,	PUNCT
cblr-1213	1039	43	but	but	CCONJ
cblr-1213	1039	44	also	also	ADV
cblr-1213	1039	45	the	the	DET
cblr-1213	1039	46	sec	sec	PROPN
cblr-1213	1039	47	’s	’s	PART
cblr-1213	1039	48	current	current	ADJ
cblr-1213	1039	49	concerns	concern	NOUN
cblr-1213	1039	50	regarding	regard	VERB
cblr-1213	1039	51	fund	fund	NOUN
cblr-1213	1039	52	liquidity	liquidity	NOUN
cblr-1213	1039	53	.	.	PUNCT
cblr-1213	1040	1	an	an	DET
cblr-1213	1040	2	industry	industry	NOUN
cblr-1213	1040	3	perspective	perspective	NOUN
cblr-1213	1040	4	on	on	ADP
cblr-1213	1040	5	swing	swing	NOUN
cblr-1213	1040	6	pricing	price	VERB
cblr-1213	1040	7	my	my	PRON
cblr-1213	1040	8	primary	primary	ADJ
cblr-1213	1040	9	perspective	perspective	NOUN
cblr-1213	1040	10	is	be	AUX
cblr-1213	1040	11	that	that	PRON
cblr-1213	1040	12	of	of	ADP
cblr-1213	1040	13	an	an	DET
cblr-1213	1040	14	active	active	ADJ
cblr-1213	1040	15	industry	industry	NOUN
cblr-1213	1040	16	participant	participant	NOUN
cblr-1213	1040	17	,	,	PUNCT
cblr-1213	1040	18	responding	respond	VERB
cblr-1213	1040	19	to	to	ADP
cblr-1213	1040	20	regulatory	regulatory	ADJ
cblr-1213	1040	21	pronouncements	pronouncement	NOUN
cblr-1213	1040	22	and	and	CCONJ
cblr-1213	1040	23	change.314	change.314	VERB
cblr-1213	1040	24	the	the	DET
cblr-1213	1040	25	liquidity	liquidity	NOUN
cblr-1213	1040	26	management	management	NOUN
cblr-1213	1040	27	program	program	NOUN
cblr-1213	1040	28	rules	rule	NOUN
cblr-1213	1040	29	—	—	PUNCT
cblr-1213	1040	30	of	of	ADP
cblr-1213	1040	31	which	which	DET
cblr-1213	1040	32	swing	swing	NOUN
cblr-1213	1040	33	pricing	pricing	NOUN
cblr-1213	1040	34	is	be	AUX
cblr-1213	1040	35	a	a	DET
cblr-1213	1040	36	component	component	NOUN
cblr-1213	1040	37	—	—	PUNCT
cblr-1213	1040	38	impose	impose	VERB
cblr-1213	1040	39	new	new	ADJ
cblr-1213	1040	40	requirements	requirement	NOUN
cblr-1213	1040	41	for	for	ADP
cblr-1213	1040	42	funds	fund	NOUN
cblr-1213	1040	43	to	to	PART
cblr-1213	1040	44	digest	digest	VERB
cblr-1213	1040	45	and	and	CCONJ
cblr-1213	1040	46	implement	implement	VERB
cblr-1213	1040	47	.	.	PUNCT
cblr-1213	1041	1	the	the	DET
cblr-1213	1041	2	mutual	mutual	ADJ
cblr-1213	1041	3	fund	fund	NOUN
cblr-1213	1041	4	industry	industry	NOUN
cblr-1213	1041	5	also	also	ADV
cblr-1213	1041	6	faces	face	VERB
cblr-1213	1041	7	the	the	DET
cblr-1213	1041	8	much	much	ADV
cblr-1213	1041	9	-	-	PUNCT
cblr-1213	1041	10	anticipated	anticipate	VERB
cblr-1213	1041	11	,	,	PUNCT
cblr-1213	1041	12	now	now	ADV
cblr-1213	1041	13	-	-	PUNCT
cblr-1213	1041	14	delayed	delay	VERB
cblr-1213	1041	15	dol	dol	ADJ
cblr-1213	1041	16	fiduciary	fiduciary	ADJ
cblr-1213	1041	17	rule	rule	NOUN
cblr-1213	1041	18	.	.	PUNCT
cblr-1213	1042	1	january	january	PROPN
cblr-1213	1042	2	2018	2018	NUM
cblr-1213	1042	3	is	be	AUX
cblr-1213	1042	4	the	the	DET
cblr-1213	1042	5	designated	designate	VERB
cblr-1213	1042	6	compliance	compliance	NOUN
cblr-1213	1042	7	date	date	NOUN
cblr-1213	1042	8	,	,	PUNCT
cblr-1213	1042	9	however	however	ADV
cblr-1213	1042	10	an	an	DET
cblr-1213	1042	11	executive	executive	ADJ
cblr-1213	1042	12	order	order	NOUN
cblr-1213	1042	13	by	by	ADP
cblr-1213	1042	14	president	president	NOUN
cblr-1213	1042	15	trump	trump	NOUN
cblr-1213	1042	16	and	and	CCONJ
cblr-1213	1042	17	a	a	DET
cblr-1213	1042	18	subsequent	subsequent	ADJ
cblr-1213	1042	19	appeal	appeal	NOUN
cblr-1213	1042	20	by	by	ADP
cblr-1213	1042	21	the	the	DET
cblr-1213	1042	22	department	department	PROPN
cblr-1213	1042	23	of	of	ADP
cblr-1213	1042	24	labor	labor	NOUN
cblr-1213	1042	25	have	have	AUX
cblr-1213	1042	26	ushered	usher	VERB
cblr-1213	1042	27	in	in	ADP
cblr-1213	1042	28	uncertainty	uncertainty	NOUN
cblr-1213	1042	29	and	and	CCONJ
cblr-1213	1042	30	confusion	confusion	NOUN
cblr-1213	1042	31	around	around	ADP
cblr-1213	1042	32	the	the	DET
cblr-1213	1042	33	fiduciary	fiduciary	ADJ
cblr-1213	1042	34	duty	duty	NOUN
cblr-1213	1042	35	rule.315	rule.315	PROPN
cblr-1213	1042	36	while	while	SCONJ
cblr-1213	1042	37	federal	federal	ADJ
cblr-1213	1042	38	law	law	NOUN
cblr-1213	1042	39	is	be	AUX
cblr-1213	1042	40	being	be	AUX
cblr-1213	1042	41	figured	figure	VERB
cblr-1213	1042	42	out	out	ADP
cblr-1213	1042	43	,	,	PUNCT
cblr-1213	1042	44	nevada	nevada	PROPN
cblr-1213	1042	45	passed	pass	VERB
cblr-1213	1042	46	314	314	NUM
cblr-1213	1042	47	this	this	DET
cblr-1213	1042	48	subsection	subsection	NOUN
cblr-1213	1042	49	was	be	AUX
cblr-1213	1042	50	written	write	VERB
cblr-1213	1042	51	by	by	ADP
cblr-1213	1042	52	holly	holly	PROPN
cblr-1213	1042	53	van	van	PROPN
cblr-1213	1042	54	den	den	PROPN
cblr-1213	1042	55	toorn	toorn	PROPN
cblr-1213	1042	56	,	,	PUNCT
cblr-1213	1042	57	who	who	PRON
cblr-1213	1042	58	has	have	VERB
cblr-1213	1042	59	over	over	ADP
cblr-1213	1042	60	eighteen	eighteen	NUM
cblr-1213	1042	61	years	year	NOUN
cblr-1213	1042	62	of	of	ADP
cblr-1213	1042	63	mutual	mutual	ADJ
cblr-1213	1042	64	fund	fund	NOUN
cblr-1213	1042	65	industry	industry	NOUN
cblr-1213	1042	66	experience	experience	NOUN
cblr-1213	1042	67	and	and	CCONJ
cblr-1213	1042	68	is	be	AUX
cblr-1213	1042	69	currently	currently	ADV
cblr-1213	1042	70	a	a	DET
cblr-1213	1042	71	legal	legal	ADJ
cblr-1213	1042	72	and	and	CCONJ
cblr-1213	1042	73	compliance	compliance	NOUN
cblr-1213	1042	74	manager	manager	NOUN
cblr-1213	1042	75	for	for	ADP
cblr-1213	1042	76	a	a	DET
cblr-1213	1042	77	publically	publically	ADV
cblr-1213	1042	78	traded	trade	VERB
cblr-1213	1042	79	company	company	NOUN
cblr-1213	1042	80	,	,	PUNCT
cblr-1213	1042	81	its	its	PRON
cblr-1213	1042	82	wholly	wholly	ADV
cblr-1213	1042	83	-	-	PUNCT
cblr-1213	1042	84	owned	own	VERB
cblr-1213	1042	85	registered	register	VERB
cblr-1213	1042	86	investment	investment	NOUN
cblr-1213	1042	87	advisors	advisor	NOUN
cblr-1213	1042	88	,	,	PUNCT
cblr-1213	1042	89	and	and	CCONJ
cblr-1213	1042	90	affiliated	affiliate	VERB
cblr-1213	1042	91	mutual	mutual	ADJ
cblr-1213	1042	92	funds	fund	NOUN
cblr-1213	1042	93	.	.	PUNCT
cblr-1213	1043	1	315	315	NUM
cblr-1213	1043	2	memorandum	memorandum	NOUN
cblr-1213	1043	3	on	on	ADP
cblr-1213	1043	4	the	the	DET
cblr-1213	1043	5	fiduciary	fiduciary	ADJ
cblr-1213	1043	6	duty	duty	NOUN
cblr-1213	1043	7	rule	rule	NOUN
cblr-1213	1043	8	,	,	PUNCT
cblr-1213	1043	9	2017	2017	NUM
cblr-1213	1043	10	daily	daily	ADJ
cblr-1213	1043	11	comp	comp	NOUN
cblr-1213	1043	12	.	.	PUNCT
cblr-1213	1044	1	pres	pres	PROPN
cblr-1213	1044	2	.	.	PUNCT
cblr-1213	1045	1	doc	doc	PROPN
cblr-1213	1045	2	.	.	PROPN
cblr-1213	1045	3	95	95	NUM
cblr-1213	1045	4	(	(	PUNCT
cblr-1213	1045	5	feb	feb	X
cblr-1213	1045	6	.	.	PROPN
cblr-1213	1045	7	3	3	NUM
cblr-1213	1045	8	,	,	PUNCT
cblr-1213	1045	9	2017	2017	NUM
cblr-1213	1045	10	)	)	PUNCT
cblr-1213	1045	11	,	,	PUNCT
cblr-1213	1045	12	https://www.whitehouse.gov/the-press-office/2017/02/03/presidential-memorandum-fiduciary-duty-rule	https://www.whitehouse.gov/the-press-office/2017/02/03/presidential-memorandum-fiduciary-duty-rule	NOUN
cblr-1213	1045	13	[	[	X
cblr-1213	1045	14	perma.cc/	perma.cc/	NOUN
cblr-1213	1045	15	dl2x-68yh	dl2x-68yh	PROPN
cblr-1213	1045	16	]	]	PUNCT
cblr-1213	1045	17	.	.	PUNCT
cblr-1213	1046	1	the	the	DET
cblr-1213	1046	2	department	department	PROPN
cblr-1213	1046	3	of	of	ADP
cblr-1213	1046	4	labor	labor	PROPN
cblr-1213	1046	5	’s	’s	PART
cblr-1213	1046	6	(	(	PUNCT
cblr-1213	1046	7	“	"	PUNCT
cblr-1213	1046	8	dol	dol	NOUN
cblr-1213	1046	9	”	"	PUNCT
cblr-1213	1046	10	)	)	PUNCT
cblr-1213	1046	11	fiduciary	fiduciary	ADJ
cblr-1213	1046	12	rule	rule	NOUN
cblr-1213	1046	13	’s	’s	PART
cblr-1213	1046	14	compliance	compliance	NOUN
cblr-1213	1046	15	date	date	NOUN
cblr-1213	1046	16	was	be	AUX
cblr-1213	1046	17	reset	reset	ADJ
cblr-1213	1046	18	to	to	ADP
cblr-1213	1046	19	january	january	PROPN
cblr-1213	1046	20	1	1	NUM
cblr-1213	1046	21	,	,	PUNCT
cblr-1213	1046	22	2018	2018	NUM
cblr-1213	1046	23	,	,	PUNCT
cblr-1213	1046	24	but	but	CCONJ
cblr-1213	1046	25	president	president	NOUN
cblr-1213	1046	26	trump	trump	VERB
cblr-1213	1046	27	signed	sign	VERB
cblr-1213	1046	28	an	an	DET
cblr-1213	1046	29	executive	executive	ADJ
cblr-1213	1046	30	memorandum	memorandum	NOUN
cblr-1213	1046	31	compelling	compelling	ADJ
cblr-1213	1046	32	the	the	DET
cblr-1213	1046	33	dol	dol	NOUN
cblr-1213	1046	34	to	to	PART
cblr-1213	1046	35	review	review	VERB
cblr-1213	1046	36	the	the	DET
cblr-1213	1046	37	fiduciary	fiduciary	ADJ
cblr-1213	1046	38	rule	rule	NOUN
cblr-1213	1046	39	“	"	PUNCT
cblr-1213	1046	40	to	to	PART
cblr-1213	1046	41	determine	determine	VERB
cblr-1213	1046	42	whether	whether	SCONJ
cblr-1213	1046	43	it	it	PRON
cblr-1213	1046	44	may	may	AUX
cblr-1213	1046	45	adversely	adversely	ADV
cblr-1213	1046	46	affect	affect	VERB
cblr-1213	1046	47	the	the	DET
cblr-1213	1046	48	ability	ability	NOUN
cblr-1213	1046	49	of	of	ADP
cblr-1213	1046	50	americans	americans	PROPN
cblr-1213	1046	51	to	to	PART
cblr-1213	1046	52	gain	gain	VERB
cblr-1213	1046	53	access	access	NOUN
cblr-1213	1046	54	to	to	ADP
cblr-1213	1046	55	retirement	retirement	NOUN
cblr-1213	1046	56	information	information	NOUN
cblr-1213	1046	57	and	and	CCONJ
cblr-1213	1046	58	financial	financial	ADJ
cblr-1213	1046	59	advice	advice	NOUN
cblr-1213	1046	60	.	.	PUNCT
cblr-1213	1046	61	”	"	PUNCT
cblr-1213	1047	1	i	i	PRON
cblr-1213	1047	2	d.	d.	PROPN
cblr-1213	1047	3	the	the	DET
cblr-1213	1047	4	dol	dol	NOUN
cblr-1213	1047	5	subsequently	subsequently	ADV
cblr-1213	1047	6	filed	file	VERB
cblr-1213	1047	7	a	a	DET
cblr-1213	1047	8	brief	brief	NOUN
cblr-1213	1047	9	in	in	ADP
cblr-1213	1047	10	a	a	DET
cblr-1213	1047	11	lawsuit	lawsuit	NOUN
cblr-1213	1047	12	,	,	PUNCT
cblr-1213	1047	13	stating	state	VERB
cblr-1213	1047	14	it	it	PRON
cblr-1213	1047	15	had	have	AUX
cblr-1213	1047	16	proposed	propose	VERB
cblr-1213	1047	17	to	to	ADP
cblr-1213	1047	18	the	the	DET
cblr-1213	1047	19	office	office	NOUN
cblr-1213	1047	20	of	of	ADP
cblr-1213	1047	21	management	management	NOUN
cblr-1213	1047	22	and	and	CCONJ
cblr-1213	1047	23	budget	budget	NOUN
cblr-1213	1047	24	(	(	PUNCT
cblr-1213	1047	25	“	"	PUNCT
cblr-1213	1047	26	omb	omb	NOUN
cblr-1213	1047	27	”	"	PUNCT
cblr-1213	1047	28	)	)	PUNCT
cblr-1213	1047	29	to	to	PART
cblr-1213	1047	30	delay	delay	VERB
cblr-1213	1047	31	the	the	DET
cblr-1213	1047	32	compliance	compliance	NOUN
cblr-1213	1047	33	date	date	NOUN
cblr-1213	1047	34	to	to	ADP
cblr-1213	1047	35	july	july	PROPN
cblr-1213	1047	36	1	1	NUM
cblr-1213	1047	37	,	,	PUNCT
cblr-1213	1047	38	2019	2019	NUM
cblr-1213	1047	39	.	.	PUNCT
cblr-1213	1048	1	brief	brief	ADJ
cblr-1213	1048	2	for	for	ADP
cblr-1213	1048	3	respondents	respondent	NOUN
cblr-1213	1048	4	at	at	ADP
cblr-1213	1048	5	1	1	NUM
cblr-1213	1048	6	,	,	PUNCT
cblr-1213	1048	7	thrivent	thrivent	NOUN
cblr-1213	1048	8	fin	fin	NOUN
cblr-1213	1048	9	.	.	PUNCT
cblr-1213	1049	1	for	for	ADP
cblr-1213	1049	2	lutherans	lutheran	NOUN
cblr-1213	1049	3	v.	v.	ADP
cblr-1213	1049	4	acosta	acosta	PROPN
cblr-1213	1049	5	,	,	PUNCT
cblr-1213	1049	6	2017	2017	NUM
cblr-1213	1049	7	wl	wl	NOUN
cblr-1213	1049	8	5135552	5135552	NUM
cblr-1213	1049	9	(	(	PUNCT
cblr-1213	1049	10	d.	d.	PROPN
cblr-1213	1049	11	minn	minn	PROPN
cblr-1213	1049	12	.	.	PUNCT
cblr-1213	1050	1	aug	aug	PROPN
cblr-1213	1050	2	.	.	PROPN
cblr-1213	1050	3	9	9	NUM
cblr-1213	1050	4	,	,	PUNCT
cblr-1213	1050	5	2017	2017	NUM
cblr-1213	1050	6	)	)	PUNCT
cblr-1213	1050	7	(	(	PUNCT
cblr-1213	1050	8	no	no	INTJ
cblr-1213	1050	9	.	.	NOUN
cblr-1213	1050	10	16	16	NUM
cblr-1213	1050	11	-	-	SYM
cblr-1213	1050	12	03289	03289	NUM
cblr-1213	1050	13	)	)	PUNCT
cblr-1213	1050	14	.	.	PUNCT
cblr-1213	1051	1	the	the	DET
cblr-1213	1051	2	dol	dol	NOUN
cblr-1213	1051	3	officially	officially	ADV
cblr-1213	1051	4	began	begin	VERB
cblr-1213	1051	5	the	the	DET
cblr-1213	1051	6	eighteen	eighteen	NUM
cblr-1213	1051	7	-	-	PUNCT
cblr-1213	1051	8	month	month	NOUN
cblr-1213	1051	9	delay	delay	NOUN
cblr-1213	1051	10	in	in	ADP
cblr-1213	1051	11	the	the	DET
cblr-1213	1051	12	november	november	PROPN
cblr-1213	1051	13	29	29	NUM
cblr-1213	1051	14	,	,	PUNCT
cblr-1213	1051	15	2017	2017	NUM
cblr-1213	1051	16	federal	federal	ADJ
cblr-1213	1051	17	register	register	NOUN
cblr-1213	1051	18	publication	publication	NOUN
cblr-1213	1051	19	.	.	PUNCT
cblr-1213	1052	1	18	18	NUM
cblr-1213	1052	2	-	-	PUNCT
cblr-1213	1052	3	month	month	NOUN
cblr-1213	1052	4	extension	extension	NOUN
cblr-1213	1052	5	of	of	ADP
cblr-1213	1052	6	transition	transition	NOUN
cblr-1213	1052	7	period	period	NOUN
cblr-1213	1052	8	and	and	CCONJ
cblr-1213	1052	9	delay	delay	NOUN
cblr-1213	1052	10	of	of	ADP
cblr-1213	1052	11	applicability	applicability	NOUN
cblr-1213	1052	12	dates	date	NOUN
cblr-1213	1052	13	;	;	PUNCT
cblr-1213	1052	14	best	good	ADJ
cblr-1213	1052	15	interest	interest	NOUN
cblr-1213	1052	16	contract	contract	NOUN
cblr-1213	1052	17	exemption	exemption	NOUN
cblr-1213	1052	18	(	(	PUNCT
cblr-1213	1052	19	pte	pte	NOUN
cblr-1213	1052	20	2016	2016	NUM
cblr-1213	1052	21	-	-	SYM
cblr-1213	1052	22	01	01	NUM
cblr-1213	1052	23	)	)	PUNCT
cblr-1213	1052	24	;	;	PUNCT
cblr-1213	1052	25	class	class	NOUN
cblr-1213	1052	26	tucker_vandentoorn_final	tucker_vandentoorn_final	PROPN
cblr-1213	1052	27	no	no	NOUN
cblr-1213	1052	28	.	.	PUNCT
cblr-1213	1053	1	1:130	1:130	NUM
cblr-1213	1053	2	]	]	X
cblr-1213	1053	3	will	will	AUX
cblr-1213	1053	4	swing	swing	VERB
cblr-1213	1053	5	pricing	pricing	NOUN
cblr-1213	1053	6	save	save	VERB
cblr-1213	1053	7	sedentary	sedentary	ADJ
cblr-1213	1053	8	shareholders	shareholder	NOUN
cblr-1213	1053	9	?	?	PUNCT
cblr-1213	1054	1	201	201	NUM
cblr-1213	1054	2	its	its	PRON
cblr-1213	1054	3	own	own	ADJ
cblr-1213	1054	4	version	version	NOUN
cblr-1213	1054	5	of	of	ADP
cblr-1213	1054	6	a	a	DET
cblr-1213	1054	7	bill	bill	NOUN
cblr-1213	1054	8	introducing	introduce	VERB
cblr-1213	1054	9	a	a	DET
cblr-1213	1054	10	new	new	ADJ
cblr-1213	1054	11	fiduciary	fiduciary	NOUN
cblr-1213	1054	12	standard.316	standard.316	PROPN
cblr-1213	1054	13	with	with	ADP
cblr-1213	1054	14	several	several	ADJ
cblr-1213	1054	15	significant	significant	ADJ
cblr-1213	1054	16	rules	rule	NOUN
cblr-1213	1054	17	imposing	impose	VERB
cblr-1213	1054	18	new	new	ADJ
cblr-1213	1054	19	compliance	compliance	NOUN
cblr-1213	1054	20	obligations	obligation	NOUN
cblr-1213	1054	21	over	over	ADP
cblr-1213	1054	22	the	the	DET
cblr-1213	1054	23	next	next	ADJ
cblr-1213	1054	24	two	two	NUM
cblr-1213	1054	25	years,317	years,317	ADJ
cblr-1213	1054	26	fund	fund	NOUN
cblr-1213	1054	27	complexes	complex	NOUN
cblr-1213	1054	28	and	and	CCONJ
cblr-1213	1054	29	advisors	advisor	NOUN
cblr-1213	1054	30	must	must	AUX
cblr-1213	1054	31	do	do	VERB
cblr-1213	1054	32	more	more	ADJ
cblr-1213	1054	33	with	with	ADP
cblr-1213	1054	34	less	less	ADJ
cblr-1213	1054	35	.	.	PUNCT
cblr-1213	1055	1	many	many	ADJ
cblr-1213	1055	2	in	in	ADP
cblr-1213	1055	3	the	the	DET
cblr-1213	1055	4	industry	industry	NOUN
cblr-1213	1055	5	are	be	AUX
cblr-1213	1055	6	not	not	PART
cblr-1213	1055	7	feeling	feel	VERB
cblr-1213	1055	8	confident	confident	ADJ
cblr-1213	1055	9	about	about	ADP
cblr-1213	1055	10	meeting	meet	VERB
cblr-1213	1055	11	these	these	DET
cblr-1213	1055	12	obligations	obligation	NOUN
cblr-1213	1055	13	in	in	ADP
cblr-1213	1055	14	the	the	DET
cblr-1213	1055	15	nearterm	nearterm	NOUN
cblr-1213	1055	16	.	.	PUNCT
cblr-1213	1056	1	legal	legal	ADJ
cblr-1213	1056	2	and	and	CCONJ
cblr-1213	1056	3	compliance	compliance	NOUN
cblr-1213	1056	4	teams	team	NOUN
cblr-1213	1056	5	are	be	AUX
cblr-1213	1056	6	already	already	ADV
cblr-1213	1056	7	stretched	stretch	VERB
cblr-1213	1056	8	thin	thin	ADJ
cblr-1213	1056	9	implementing	implement	VERB
cblr-1213	1056	10	report	report	NOUN
cblr-1213	1056	11	modernization	modernization	NOUN
cblr-1213	1056	12	,	,	PUNCT
cblr-1213	1056	13	liquidity	liquidity	NOUN
cblr-1213	1056	14	risk	risk	NOUN
cblr-1213	1056	15	management	management	NOUN
cblr-1213	1056	16	programs	program	NOUN
cblr-1213	1056	17	,	,	PUNCT
cblr-1213	1056	18	new	new	ADJ
cblr-1213	1056	19	liquidity	liquidity	NOUN
cblr-1213	1056	20	policies	policy	NOUN
cblr-1213	1056	21	and	and	CCONJ
cblr-1213	1056	22	procedures	procedure	NOUN
cblr-1213	1056	23	,	,	PUNCT
cblr-1213	1056	24	in	in	ADP
cblr-1213	1056	25	addition	addition	NOUN
cblr-1213	1056	26	to	to	ADP
cblr-1213	1056	27	addressing	address	VERB
cblr-1213	1056	28	the	the	DET
cblr-1213	1056	29	industry	industry	NOUN
cblr-1213	1056	30	disruptions	disruption	NOUN
cblr-1213	1056	31	resulting	result	VERB
cblr-1213	1056	32	from	from	ADP
cblr-1213	1056	33	dol	dol	PROPN
cblr-1213	1056	34	’s	’s	PART
cblr-1213	1056	35	new	new	ADJ
cblr-1213	1056	36	definition	definition	NOUN
cblr-1213	1056	37	of	of	ADP
cblr-1213	1056	38	who	who	PRON
cblr-1213	1056	39	is	be	AUX
cblr-1213	1056	40	a	a	DET
cblr-1213	1056	41	fiduciary	fiduciary	NOUN
cblr-1213	1056	42	.	.	PUNCT
cblr-1213	1057	1	and	and	CCONJ
cblr-1213	1057	2	this	this	PRON
cblr-1213	1057	3	is	be	AUX
cblr-1213	1057	4	before	before	ADP
cblr-1213	1057	5	tackling	tackle	VERB
cblr-1213	1057	6	swing	swing	NOUN
cblr-1213	1057	7	pricing	pricing	NOUN
cblr-1213	1057	8	.	.	PUNCT
cblr-1213	1058	1	in	in	ADP
cblr-1213	1058	2	response	response	NOUN
cblr-1213	1058	3	to	to	ADP
cblr-1213	1058	4	these	these	DET
cblr-1213	1058	5	regulatory	regulatory	ADJ
cblr-1213	1058	6	changes	change	NOUN
cblr-1213	1058	7	,	,	PUNCT
cblr-1213	1058	8	the	the	DET
cblr-1213	1058	9	industry	industry	NOUN
cblr-1213	1058	10	expects	expect	VERB
cblr-1213	1058	11	significant	significant	ADJ
cblr-1213	1058	12	consolidation	consolidation	NOUN
cblr-1213	1058	13	among	among	ADP
cblr-1213	1058	14	money	money	NOUN
cblr-1213	1058	15	managers	manager	NOUN
cblr-1213	1058	16	through	through	ADP
cblr-1213	1058	17	time	time	NOUN
cblr-1213	1058	18	-	-	PUNCT
cblr-1213	1058	19	consuming	consume	VERB
cblr-1213	1058	20	mergers	merger	NOUN
cblr-1213	1058	21	and	and	CCONJ
cblr-1213	1058	22	acquisitions.318	acquisitions.318	VERB
cblr-1213	1058	23	the	the	DET
cblr-1213	1058	24	mutual	mutual	ADJ
cblr-1213	1058	25	fund	fund	NOUN
cblr-1213	1058	26	industry	industry	NOUN
cblr-1213	1058	27	initially	initially	ADV
cblr-1213	1058	28	balked	balk	VERB
cblr-1213	1058	29	at	at	ADP
cblr-1213	1058	30	the	the	DET
cblr-1213	1058	31	idea	idea	NOUN
cblr-1213	1058	32	that	that	SCONJ
cblr-1213	1058	33	any	any	DET
cblr-1213	1058	34	fund	fund	NOUN
cblr-1213	1058	35	could	could	AUX
cblr-1213	1058	36	be	be	AUX
cblr-1213	1058	37	prepared	prepare	VERB
cblr-1213	1058	38	to	to	PART
cblr-1213	1058	39	opt	opt	VERB
cblr-1213	1058	40	into	into	ADP
cblr-1213	1058	41	swing	swing	NOUN
cblr-1213	1058	42	pricing	pricing	NOUN
cblr-1213	1058	43	—	—	PUNCT
cblr-1213	1058	44	a	a	DET
cblr-1213	1058	45	procedural	procedural	ADJ
cblr-1213	1058	46	undertaking	undertaking	NOUN
cblr-1213	1058	47	of	of	ADP
cblr-1213	1058	48	epic	epic	ADJ
cblr-1213	1058	49	proportions	proportion	NOUN
cblr-1213	1058	50	.	.	PUNCT
cblr-1213	1059	1	and	and	CCONJ
cblr-1213	1059	2	that	that	PRON
cblr-1213	1059	3	’s	’	VERB
cblr-1213	1059	4	before	before	SCONJ
cblr-1213	1059	5	we	we	PRON
cblr-1213	1059	6	begin	begin	VERB
cblr-1213	1059	7	to	to	PART
cblr-1213	1059	8	comprehend	comprehend	VERB
cblr-1213	1059	9	the	the	DET
cblr-1213	1059	10	operational	operational	ADJ
cblr-1213	1059	11	complexities	complexity	NOUN
cblr-1213	1059	12	and	and	CCONJ
cblr-1213	1059	13	ponder	ponder	VERB
cblr-1213	1059	14	the	the	DET
cblr-1213	1059	15	feasibility	feasibility	NOUN
cblr-1213	1059	16	of	of	ADP
cblr-1213	1059	17	swing	swing	NOUN
cblr-1213	1059	18	pricing	pricing	NOUN
cblr-1213	1059	19	.	.	PUNCT
cblr-1213	1060	1	perhaps	perhaps	ADV
cblr-1213	1060	2	the	the	DET
cblr-1213	1060	3	industry	industry	NOUN
cblr-1213	1060	4	is	be	AUX
cblr-1213	1060	5	not	not	PART
cblr-1213	1060	6	at	at	ADP
cblr-1213	1060	7	odds	odd	NOUN
cblr-1213	1060	8	with	with	ADP
cblr-1213	1060	9	the	the	DET
cblr-1213	1060	10	requirements	requirement	NOUN
cblr-1213	1060	11	of	of	ADP
cblr-1213	1060	12	swing	swing	NOUN
cblr-1213	1060	13	pricing	pricing	NOUN
cblr-1213	1060	14	,	,	PUNCT
cblr-1213	1060	15	but	but	CCONJ
cblr-1213	1060	16	the	the	DET
cblr-1213	1060	17	landscape	landscape	NOUN
cblr-1213	1060	18	for	for	ADP
cblr-1213	1060	19	the	the	DET
cblr-1213	1060	20	requirements	requirement	NOUN
cblr-1213	1060	21	.	.	PUNCT
cblr-1213	1061	1	as	as	SCONJ
cblr-1213	1061	2	discussed	discuss	VERB
cblr-1213	1061	3	above	above	ADV
cblr-1213	1061	4	,	,	PUNCT
cblr-1213	1061	5	significant	significant	ADJ
cblr-1213	1061	6	changes	change	NOUN
cblr-1213	1061	7	to	to	ADP
cblr-1213	1061	8	the	the	DET
cblr-1213	1061	9	structure	structure	NOUN
cblr-1213	1061	10	of	of	ADP
cblr-1213	1061	11	intermediaries	intermediary	NOUN
cblr-1213	1061	12	receiving	receive	VERB
cblr-1213	1061	13	and	and	CCONJ
cblr-1213	1061	14	forwarding	forward	VERB
cblr-1213	1061	15	trades	trade	NOUN
cblr-1213	1061	16	to	to	ADP
cblr-1213	1061	17	funds	fund	NOUN
cblr-1213	1061	18	is	be	AUX
cblr-1213	1061	19	needed	need	VERB
cblr-1213	1061	20	in	in	ADP
cblr-1213	1061	21	order	order	NOUN
cblr-1213	1061	22	to	to	PART
cblr-1213	1061	23	implement	implement	VERB
cblr-1213	1061	24	swing	swing	NOUN
cblr-1213	1061	25	pricing	pricing	NOUN
cblr-1213	1061	26	.	.	PUNCT
cblr-1213	1062	1	two	two	NUM
cblr-1213	1062	2	factors	factor	NOUN
cblr-1213	1062	3	may	may	AUX
cblr-1213	1062	4	exemption	exemption	VERB
cblr-1213	1062	5	for	for	ADP
cblr-1213	1062	6	principal	principal	ADJ
cblr-1213	1062	7	transactions	transaction	NOUN
cblr-1213	1062	8	in	in	ADP
cblr-1213	1062	9	certain	certain	ADJ
cblr-1213	1062	10	assets	asset	NOUN
cblr-1213	1062	11	between	between	ADP
cblr-1213	1062	12	investment	investment	NOUN
cblr-1213	1062	13	advice	advice	NOUN
cblr-1213	1062	14	fiduciaries	fiduciary	NOUN
cblr-1213	1062	15	and	and	CCONJ
cblr-1213	1062	16	employee	employee	NOUN
cblr-1213	1062	17	benefit	benefit	NOUN
cblr-1213	1062	18	plans	plan	NOUN
cblr-1213	1062	19	and	and	CCONJ
cblr-1213	1062	20	iras	ira	NOUN
cblr-1213	1062	21	(	(	PUNCT
cblr-1213	1062	22	pte	pte	NOUN
cblr-1213	1062	23	201602	201602	NUM
cblr-1213	1062	24	)	)	PUNCT
cblr-1213	1062	25	;	;	PUNCT
cblr-1213	1062	26	prohibited	prohibit	VERB
cblr-1213	1062	27	transaction	transaction	NOUN
cblr-1213	1062	28	exemption	exemption	NOUN
cblr-1213	1062	29	84	84	NUM
cblr-1213	1062	30	-	-	SYM
cblr-1213	1062	31	24	24	NUM
cblr-1213	1062	32	for	for	ADP
cblr-1213	1062	33	certain	certain	ADJ
cblr-1213	1062	34	transactions	transaction	NOUN
cblr-1213	1062	35	involving	involve	VERB
cblr-1213	1062	36	insurance	insurance	NOUN
cblr-1213	1062	37	agents	agent	NOUN
cblr-1213	1062	38	and	and	CCONJ
cblr-1213	1062	39	brokers	broker	NOUN
cblr-1213	1062	40	,	,	PUNCT
cblr-1213	1062	41	pension	pension	NOUN
cblr-1213	1062	42	consultants	consultant	NOUN
cblr-1213	1062	43	,	,	PUNCT
cblr-1213	1062	44	insurance	insurance	NOUN
cblr-1213	1062	45	companies	company	NOUN
cblr-1213	1062	46	,	,	PUNCT
cblr-1213	1062	47	and	and	CCONJ
cblr-1213	1062	48	investment	investment	NOUN
cblr-1213	1062	49	company	company	NOUN
cblr-1213	1062	50	principal	principal	ADJ
cblr-1213	1062	51	underwriters	underwriter	NOUN
cblr-1213	1062	52	(	(	PUNCT
cblr-1213	1062	53	pte	pte	VERB
cblr-1213	1062	54	84	84	NUM
cblr-1213	1062	55	-	-	SYM
cblr-1213	1062	56	24	24	NUM
cblr-1213	1062	57	)	)	PUNCT
cblr-1213	1062	58	,	,	PUNCT
cblr-1213	1062	59	82	82	NUM
cblr-1213	1062	60	fed	fed	PROPN
cblr-1213	1062	61	.	.	PUNCT
cblr-1213	1063	1	reg	reg	NOUN
cblr-1213	1063	2	.	.	PUNCT
cblr-1213	1064	1	56545	56545	NUM
cblr-1213	1064	2	(	(	PUNCT
cblr-1213	1064	3	nov	nov	PROPN
cblr-1213	1064	4	.	.	PROPN
cblr-1213	1064	5	29	29	NUM
cblr-1213	1064	6	,	,	PUNCT
cblr-1213	1064	7	2017	2017	NUM
cblr-1213	1064	8	)	)	PUNCT
cblr-1213	1064	9	(	(	PUNCT
cblr-1213	1064	10	to	to	PART
cblr-1213	1064	11	be	be	AUX
cblr-1213	1064	12	codified	codify	VERB
cblr-1213	1064	13	at	at	ADP
cblr-1213	1064	14	29	29	NUM
cblr-1213	1064	15	c.f.r	c.f.r	NOUN
cblr-1213	1064	16	.	.	PUNCT
cblr-1213	1065	1	pt	pt	PROPN
cblr-1213	1065	2	.	.	PROPN
cblr-1213	1065	3	2550	2550	NUM
cblr-1213	1065	4	)	)	PUNCT
cblr-1213	1065	5	.	.	PUNCT
cblr-1213	1066	1	316	316	NUM
cblr-1213	1066	2	see	see	NOUN
cblr-1213	1066	3	nev	nev	PROPN
cblr-1213	1066	4	.	.	PROPN
cblr-1213	1066	5	rev	rev	PROPN
cblr-1213	1066	6	.	.	PROPN
cblr-1213	1066	7	stat	stat	PROPN
cblr-1213	1066	8	.	.	PUNCT
cblr-1213	1067	1	§	§	PROPN
cblr-1213	1067	2	628a.010	628a.010	NUM
cblr-1213	1067	3	(	(	PUNCT
cblr-1213	1067	4	2017	2017	NUM
cblr-1213	1067	5	)	)	PUNCT
cblr-1213	1067	6	.	.	PUNCT
cblr-1213	1068	1	317	317	NUM
cblr-1213	1068	2	see	see	VERB
cblr-1213	1068	3	discussion	discussion	NOUN
cblr-1213	1068	4	supra	supra	PROPN
cblr-1213	1068	5	note	note	PROPN
cblr-1213	1068	6	4	4	NUM
cblr-1213	1068	7	.	.	PUNCT
cblr-1213	1069	1	in	in	ADP
cblr-1213	1069	2	fact	fact	NOUN
cblr-1213	1069	3	,	,	PUNCT
cblr-1213	1069	4	the	the	DET
cblr-1213	1069	5	ici	ici	NOUN
cblr-1213	1069	6	recently	recently	ADV
cblr-1213	1069	7	submitted	submit	VERB
cblr-1213	1069	8	a	a	DET
cblr-1213	1069	9	request	request	NOUN
cblr-1213	1069	10	to	to	ADP
cblr-1213	1069	11	the	the	DET
cblr-1213	1069	12	new	new	ADJ
cblr-1213	1069	13	sec	sec	PROPN
cblr-1213	1069	14	commissioner	commissioner	NOUN
cblr-1213	1069	15	to	to	PART
cblr-1213	1069	16	consider	consider	VERB
cblr-1213	1069	17	delaying	delay	VERB
cblr-1213	1069	18	the	the	DET
cblr-1213	1069	19	compliance	compliance	NOUN
cblr-1213	1069	20	date	date	NOUN
cblr-1213	1069	21	by	by	ADP
cblr-1213	1069	22	an	an	DET
cblr-1213	1069	23	additional	additional	ADJ
cblr-1213	1069	24	year	year	NOUN
cblr-1213	1069	25	.	.	PUNCT
cblr-1213	1070	1	memorandum	memorandum	NOUN
cblr-1213	1070	2	from	from	ADP
cblr-1213	1070	3	ici	ici	PROPN
cblr-1213	1070	4	to	to	ADP
cblr-1213	1070	5	ici	ici	PROPN
cblr-1213	1070	6	members	member	NOUN
cblr-1213	1070	7	(	(	PUNCT
cblr-1213	1070	8	july	july	PROPN
cblr-1213	1070	9	20	20	NUM
cblr-1213	1070	10	,	,	PUNCT
cblr-1213	1070	11	2017	2017	NUM
cblr-1213	1070	12	)	)	PUNCT
cblr-1213	1070	13	(	(	PUNCT
cblr-1213	1070	14	on	on	ADP
cblr-1213	1070	15	file	file	NOUN
cblr-1213	1070	16	with	with	ADP
cblr-1213	1070	17	the	the	DET
cblr-1213	1070	18	authors	author	NOUN
cblr-1213	1070	19	)	)	PUNCT
cblr-1213	1070	20	.	.	PUNCT
cblr-1213	1071	1	318	318	NUM
cblr-1213	1071	2	grace	grace	PROPN
cblr-1213	1071	3	jennings	jennings	PROPN
cblr-1213	1071	4	-	-	PUNCT
cblr-1213	1071	5	edquist	edquist	PROPN
cblr-1213	1071	6	,	,	PUNCT
cblr-1213	1071	7	complicated	complicated	ADJ
cblr-1213	1071	8	fee	fee	NOUN
cblr-1213	1071	9	,	,	PUNCT
cblr-1213	1071	10	sales	sale	NOUN
cblr-1213	1071	11	environment	environment	NOUN
cblr-1213	1071	12	creates	create	VERB
cblr-1213	1071	13	pent	pen	VERB
cblr-1213	1071	14	-	-	PUNCT
cblr-1213	1071	15	up	up	ADP
cblr-1213	1071	16	m&a	m&a	PROPN
cblr-1213	1071	17	demand	demand	NOUN
cblr-1213	1071	18	,	,	PUNCT
cblr-1213	1071	19	ignites	ignite	VERB
cblr-1213	1071	20	(	(	PUNCT
cblr-1213	1071	21	apr	apr	NOUN
cblr-1213	1071	22	.	.	PROPN
cblr-1213	1071	23	27	27	NUM
cblr-1213	1071	24	,	,	PUNCT
cblr-1213	1071	25	2017	2017	NUM
cblr-1213	1071	26	)	)	PUNCT
cblr-1213	1071	27	,	,	PUNCT
cblr-1213	1071	28	http://ignites.com/c/1622033/189203/complicated_sales_environment_creates_pent	http://ignites.com/c/1622033/189203/complicated_sales_environment_creates_pent	NOUN
cblr-1213	1072	1	_	_	PRON
cblr-1213	1072	2	demand	demand	NOUN
cblr-1213	1072	3	.	.	PUNCT
cblr-1213	1073	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	1073	2	202	202	NUM
cblr-1213	1073	3	columbia	columbia	PROPN
cblr-1213	1073	4	business	business	NOUN
cblr-1213	1073	5	law	law	PROPN
cblr-1213	1073	6	review	review	NOUN
cblr-1213	1073	7	[	[	X
cblr-1213	1073	8	vol	vol	NOUN
cblr-1213	1073	9	.	.	PUNCT
cblr-1213	1073	10	2018	2018	NUM
cblr-1213	1073	11	increase	increase	VERB
cblr-1213	1073	12	swing	swing	NOUN
cblr-1213	1073	13	pricing	pricing	NOUN
cblr-1213	1073	14	adoptions	adoption	NOUN
cblr-1213	1073	15	,	,	PUNCT
cblr-1213	1073	16	particularly	particularly	ADV
cblr-1213	1073	17	among	among	ADP
cblr-1213	1073	18	fund	fund	NOUN
cblr-1213	1073	19	managers	manager	NOUN
cblr-1213	1073	20	who	who	PRON
cblr-1213	1073	21	do	do	AUX
cblr-1213	1073	22	not	not	PART
cblr-1213	1073	23	currently	currently	ADV
cblr-1213	1073	24	utilize	utilize	VERB
cblr-1213	1073	25	swing	swing	NOUN
cblr-1213	1073	26	pricing	pricing	NOUN
cblr-1213	1073	27	in	in	ADP
cblr-1213	1073	28	european	european	ADJ
cblr-1213	1073	29	jurisdictions	jurisdiction	NOUN
cblr-1213	1073	30	.	.	PUNCT
cblr-1213	1074	1	first	first	ADV
cblr-1213	1074	2	,	,	PUNCT
cblr-1213	1074	3	increased	increase	VERB
cblr-1213	1074	4	flexibility	flexibility	NOUN
cblr-1213	1074	5	in	in	ADP
cblr-1213	1074	6	setting	set	VERB
cblr-1213	1074	7	the	the	DET
cblr-1213	1074	8	swing	swing	NOUN
cblr-1213	1074	9	threshold	threshold	NOUN
cblr-1213	1074	10	—	—	PUNCT
cblr-1213	1074	11	such	such	ADJ
cblr-1213	1074	12	as	as	SCONJ
cblr-1213	1074	13	is	be	AUX
cblr-1213	1074	14	the	the	DET
cblr-1213	1074	15	practice	practice	NOUN
cblr-1213	1074	16	in	in	ADP
cblr-1213	1074	17	europe	europe	PROPN
cblr-1213	1074	18	—	—	PUNCT
cblr-1213	1074	19	may	may	AUX
cblr-1213	1074	20	allow	allow	VERB
cblr-1213	1074	21	for	for	ADP
cblr-1213	1074	22	customized	customized	ADJ
cblr-1213	1074	23	threshold	threshold	NOUN
cblr-1213	1074	24	calculations	calculation	NOUN
cblr-1213	1074	25	taking	take	VERB
cblr-1213	1074	26	into	into	ADP
cblr-1213	1074	27	account	account	NOUN
cblr-1213	1074	28	additional	additional	ADJ
cblr-1213	1074	29	nav	nav	NOUN
cblr-1213	1074	30	elements	element	NOUN
cblr-1213	1074	31	such	such	ADJ
cblr-1213	1074	32	as	as	ADP
cblr-1213	1074	33	market	market	NOUN
cblr-1213	1074	34	impact	impact	NOUN
cblr-1213	1074	35	,	,	PUNCT
cblr-1213	1074	36	bid	bid	NOUN
cblr-1213	1074	37	-	-	PUNCT
cblr-1213	1074	38	ask	ask	NOUN
cblr-1213	1074	39	spread	spread	NOUN
cblr-1213	1074	40	and	and	CCONJ
cblr-1213	1074	41	excluding	exclude	VERB
cblr-1213	1074	42	transaction	transaction	NOUN
cblr-1213	1074	43	taxes	taxis	NOUN
cblr-1213	1074	44	.	.	PUNCT
cblr-1213	1075	1	second	second	ADV
cblr-1213	1075	2	,	,	PUNCT
cblr-1213	1075	3	the	the	DET
cblr-1213	1075	4	sec	sec	PROPN
cblr-1213	1075	5	should	should	AUX
cblr-1213	1075	6	issue	issue	VERB
cblr-1213	1075	7	additional	additional	ADJ
cblr-1213	1075	8	guidance	guidance	NOUN
cblr-1213	1075	9	before	before	ADP
cblr-1213	1075	10	november	november	PROPN
cblr-1213	1075	11	2018	2018	NUM
cblr-1213	1075	12	for	for	ADP
cblr-1213	1075	13	participating	participate	VERB
cblr-1213	1075	14	funds	fund	NOUN
cblr-1213	1075	15	on	on	ADP
cblr-1213	1075	16	the	the	DET
cblr-1213	1075	17	threshold	threshold	NOUN
cblr-1213	1075	18	calculations	calculation	NOUN
cblr-1213	1075	19	,	,	PUNCT
cblr-1213	1075	20	preferred	preferred	ADJ
cblr-1213	1075	21	operational	operational	ADJ
cblr-1213	1075	22	procedures	procedure	NOUN
cblr-1213	1075	23	,	,	PUNCT
cblr-1213	1075	24	and	and	CCONJ
cblr-1213	1075	25	safe	safe	ADJ
cblr-1213	1075	26	harbors	harbor	NOUN
cblr-1213	1075	27	.	.	PUNCT
cblr-1213	1076	1	if	if	SCONJ
cblr-1213	1076	2	industry	industry	NOUN
cblr-1213	1076	3	operations	operation	NOUN
cblr-1213	1076	4	can	can	AUX
cblr-1213	1076	5	adjust	adjust	VERB
cblr-1213	1076	6	to	to	PART
cblr-1213	1076	7	accommodate	accommodate	VERB
cblr-1213	1076	8	the	the	DET
cblr-1213	1076	9	timing	timing	NOUN
cblr-1213	1076	10	and	and	CCONJ
cblr-1213	1076	11	information	information	NOUN
cblr-1213	1076	12	needs	need	NOUN
cblr-1213	1076	13	of	of	ADP
cblr-1213	1076	14	swing	swing	NOUN
cblr-1213	1076	15	pricing	pricing	NOUN
cblr-1213	1076	16	,	,	PUNCT
cblr-1213	1076	17	it	it	PRON
cblr-1213	1076	18	may	may	AUX
cblr-1213	1076	19	enjoy	enjoy	VERB
cblr-1213	1076	20	future	future	ADJ
cblr-1213	1076	21	success	success	NOUN
cblr-1213	1076	22	in	in	ADP
cblr-1213	1076	23	the	the	DET
cblr-1213	1076	24	united	united	PROPN
cblr-1213	1076	25	states	states	PROPN
cblr-1213	1076	26	.	.	PUNCT
cblr-1213	1077	1	two	two	NUM
cblr-1213	1077	2	related	related	ADJ
cblr-1213	1077	3	incentives	incentive	NOUN
cblr-1213	1077	4	should	should	AUX
cblr-1213	1077	5	give	give	VERB
cblr-1213	1077	6	mutual	mutual	ADJ
cblr-1213	1077	7	funds	fund	NOUN
cblr-1213	1077	8	sufficient	sufficient	ADJ
cblr-1213	1077	9	reason	reason	NOUN
cblr-1213	1077	10	to	to	PART
cblr-1213	1077	11	implement	implement	VERB
cblr-1213	1077	12	swing	swing	NOUN
cblr-1213	1077	13	pricing	pricing	NOUN
cblr-1213	1077	14	:	:	PUNCT
cblr-1213	1077	15	purported	purport	VERB
cblr-1213	1077	16	enhancements	enhancement	NOUN
cblr-1213	1077	17	to	to	ADP
cblr-1213	1077	18	a	a	DET
cblr-1213	1077	19	fund	fund	NOUN
cblr-1213	1077	20	’s	’s	PART
cblr-1213	1077	21	reported	report	VERB
cblr-1213	1077	22	performance	performance	NOUN
cblr-1213	1077	23	and	and	CCONJ
cblr-1213	1077	24	mitigated	mitigate	VERB
cblr-1213	1077	25	asset	asset	NOUN
cblr-1213	1077	26	dilution	dilution	NOUN
cblr-1213	1077	27	from	from	ADP
cblr-1213	1077	28	unallocated	unallocated	ADJ
cblr-1213	1077	29	transaction	transaction	NOUN
cblr-1213	1077	30	costs	cost	NOUN
cblr-1213	1077	31	.	.	PUNCT
cblr-1213	1078	1	but	but	CCONJ
cblr-1213	1078	2	the	the	DET
cblr-1213	1078	3	optional	optional	ADJ
cblr-1213	1078	4	proposal	proposal	NOUN
cblr-1213	1078	5	is	be	AUX
cblr-1213	1078	6	an	an	DET
cblr-1213	1078	7	expensive	expensive	ADJ
cblr-1213	1078	8	way	way	NOUN
cblr-1213	1078	9	to	to	PART
cblr-1213	1078	10	tackle	tackle	VERB
cblr-1213	1078	11	dilution	dilution	NOUN
cblr-1213	1078	12	at	at	ADP
cblr-1213	1078	13	a	a	DET
cblr-1213	1078	14	time	time	NOUN
cblr-1213	1078	15	when	when	SCONJ
cblr-1213	1078	16	demands	demand	NOUN
cblr-1213	1078	17	on	on	ADP
cblr-1213	1078	18	industry	industry	NOUN
cblr-1213	1078	19	resources	resource	NOUN
cblr-1213	1078	20	are	be	AUX
cblr-1213	1078	21	significant	significant	ADJ
cblr-1213	1078	22	.	.	PUNCT
cblr-1213	1079	1	once	once	SCONJ
cblr-1213	1079	2	the	the	DET
cblr-1213	1079	3	compliance	compliance	NOUN
cblr-1213	1079	4	dust	dust	NOUN
cblr-1213	1079	5	settles	settle	VERB
cblr-1213	1079	6	enough	enough	ADV
cblr-1213	1079	7	for	for	SCONJ
cblr-1213	1079	8	investment	investment	NOUN
cblr-1213	1079	9	advisers	adviser	NOUN
cblr-1213	1079	10	to	to	PART
cblr-1213	1079	11	have	have	VERB
cblr-1213	1079	12	a	a	DET
cblr-1213	1079	13	clear	clear	ADJ
cblr-1213	1079	14	view	view	NOUN
cblr-1213	1079	15	of	of	ADP
cblr-1213	1079	16	the	the	DET
cblr-1213	1079	17	regulatory	regulatory	ADJ
cblr-1213	1079	18	horizon	horizon	NOUN
cblr-1213	1079	19	,	,	PUNCT
cblr-1213	1079	20	industry	industry	NOUN
cblr-1213	1079	21	attention	attention	NOUN
cblr-1213	1079	22	will	will	AUX
cblr-1213	1079	23	turn	turn	VERB
cblr-1213	1079	24	to	to	ADP
cblr-1213	1079	25	this	this	DET
cblr-1213	1079	26	optional	optional	ADJ
cblr-1213	1079	27	opportunity	opportunity	NOUN
cblr-1213	1079	28	.	.	PUNCT
cblr-1213	1080	1	portfolio	portfolio	NOUN
cblr-1213	1080	2	managers	manager	NOUN
cblr-1213	1080	3	like	like	ADP
cblr-1213	1080	4	the	the	DET
cblr-1213	1080	5	idea	idea	NOUN
cblr-1213	1080	6	of	of	ADP
cblr-1213	1080	7	swing	swing	NOUN
cblr-1213	1080	8	pricing	pricing	NOUN
cblr-1213	1080	9	for	for	ADP
cblr-1213	1080	10	its	its	PRON
cblr-1213	1080	11	performance	performance	NOUN
cblr-1213	1080	12	enhancing	enhance	VERB
cblr-1213	1080	13	properties	property	NOUN
cblr-1213	1080	14	,	,	PUNCT
cblr-1213	1080	15	and	and	CCONJ
cblr-1213	1080	16	legal	legal	ADJ
cblr-1213	1080	17	and	and	CCONJ
cblr-1213	1080	18	compliance	compliance	NOUN
cblr-1213	1080	19	departments	department	NOUN
cblr-1213	1080	20	like	like	ADP
cblr-1213	1080	21	swing	swing	NOUN
cblr-1213	1080	22	pricing	pricing	NOUN
cblr-1213	1080	23	for	for	ADP
cblr-1213	1080	24	its	its	PRON
cblr-1213	1080	25	shareholder	shareholder	NOUN
cblr-1213	1080	26	protections	protection	NOUN
cblr-1213	1080	27	despite	despite	SCONJ
cblr-1213	1080	28	the	the	DET
cblr-1213	1080	29	complexities	complexity	NOUN
cblr-1213	1080	30	of	of	ADP
cblr-1213	1080	31	setting	set	VERB
cblr-1213	1080	32	the	the	DET
cblr-1213	1080	33	factor	factor	NOUN
cblr-1213	1080	34	and	and	CCONJ
cblr-1213	1080	35	threshold	threshold	NOUN
cblr-1213	1080	36	.	.	PUNCT
cblr-1213	1081	1	transfer	transfer	NOUN
cblr-1213	1081	2	agents	agent	NOUN
cblr-1213	1081	3	and	and	CCONJ
cblr-1213	1081	4	back	back	ADJ
cblr-1213	1081	5	office	office	NOUN
cblr-1213	1081	6	administrators	administrator	NOUN
cblr-1213	1081	7	,	,	PUNCT
cblr-1213	1081	8	however	however	ADV
cblr-1213	1081	9	,	,	PUNCT
cblr-1213	1081	10	see	see	VERB
cblr-1213	1081	11	a	a	DET
cblr-1213	1081	12	looming	loom	VERB
cblr-1213	1081	13	headache	headache	NOUN
cblr-1213	1081	14	with	with	ADP
cblr-1213	1081	15	compliance	compliance	NOUN
cblr-1213	1081	16	,	,	PUNCT
cblr-1213	1081	17	and	and	CCONJ
cblr-1213	1081	18	possible	possible	ADJ
cblr-1213	1081	19	elimination	elimination	NOUN
cblr-1213	1081	20	with	with	ADP
cblr-1213	1081	21	automating	automate	VERB
cblr-1213	1081	22	technologies	technology	NOUN
cblr-1213	1081	23	.	.	PUNCT
cblr-1213	1082	1	blockchain	blockchain	PROPN
cblr-1213	1082	2	could	could	AUX
cblr-1213	1082	3	be	be	AUX
cblr-1213	1082	4	in	in	ADP
cblr-1213	1082	5	important	important	ADJ
cblr-1213	1082	6	tool	tool	NOUN
cblr-1213	1082	7	for	for	ADP
cblr-1213	1082	8	funds	fund	NOUN
cblr-1213	1082	9	,	,	PUNCT
cblr-1213	1082	10	and	and	CCONJ
cblr-1213	1082	11	could	could	AUX
cblr-1213	1082	12	not	not	PART
cblr-1213	1082	13	only	only	ADV
cblr-1213	1082	14	reform	reform	VERB
cblr-1213	1082	15	some	some	DET
cblr-1213	1082	16	antiquated	antiquated	ADJ
cblr-1213	1082	17	operational	operational	ADJ
cblr-1213	1082	18	systems	system	NOUN
cblr-1213	1082	19	,	,	PUNCT
cblr-1213	1082	20	but	but	CCONJ
cblr-1213	1082	21	also	also	ADV
cblr-1213	1082	22	provide	provide	VERB
cblr-1213	1082	23	an	an	DET
cblr-1213	1082	24	operational	operational	ADJ
cblr-1213	1082	25	solution	solution	NOUN
cblr-1213	1082	26	to	to	PART
cblr-1213	1082	27	enable	enable	VERB
cblr-1213	1082	28	funds	fund	NOUN
cblr-1213	1082	29	’	'	PUNCT
cblr-1213	1082	30	implementation	implementation	NOUN
cblr-1213	1082	31	of	of	ADP
cblr-1213	1082	32	swing	swing	NOUN
cblr-1213	1082	33	pricing	pricing	NOUN
cblr-1213	1082	34	with	with	ADP
cblr-1213	1082	35	a	a	DET
cblr-1213	1082	36	measure	measure	NOUN
cblr-1213	1082	37	of	of	ADP
cblr-1213	1082	38	confidence	confidence	NOUN
cblr-1213	1082	39	in	in	ADP
cblr-1213	1082	40	its	its	PRON
cblr-1213	1082	41	accuracy	accuracy	NOUN
cblr-1213	1082	42	.	.	PUNCT
cblr-1213	1083	1	while	while	SCONJ
cblr-1213	1083	2	transfer	transfer	VERB
cblr-1213	1083	3	agents	agent	NOUN
cblr-1213	1083	4	as	as	SCONJ
cblr-1213	1083	5	we	we	PRON
cblr-1213	1083	6	know	know	VERB
cblr-1213	1083	7	them	they	PRON
cblr-1213	1083	8	could	could	AUX
cblr-1213	1083	9	dissolve	dissolve	VERB
cblr-1213	1083	10	,	,	PUNCT
cblr-1213	1083	11	opportunities	opportunity	NOUN
cblr-1213	1083	12	exist	exist	VERB
cblr-1213	1083	13	for	for	ADP
cblr-1213	1083	14	transfer	transfer	NOUN
cblr-1213	1083	15	agents	agent	NOUN
cblr-1213	1083	16	to	to	PART
cblr-1213	1083	17	build	build	VERB
cblr-1213	1083	18	the	the	DET
cblr-1213	1083	19	path	path	NOUN
cblr-1213	1083	20	for	for	ADP
cblr-1213	1083	21	blockchain	blockchain	PROPN
cblr-1213	1083	22	becoming	become	VERB
cblr-1213	1083	23	an	an	DET
cblr-1213	1083	24	industry	industry	NOUN
cblr-1213	1083	25	-	-	PUNCT
cblr-1213	1083	26	wide	wide	ADJ
cblr-1213	1083	27	standard	standard	NOUN
cblr-1213	1083	28	for	for	ADP
cblr-1213	1083	29	processing	processing	NOUN
cblr-1213	1083	30	shareholder	shareholder	NOUN
cblr-1213	1083	31	transactions	transaction	NOUN
cblr-1213	1083	32	.	.	PUNCT
cblr-1213	1084	1	mutual	mutual	ADJ
cblr-1213	1084	2	funds	fund	NOUN
cblr-1213	1084	3	could	could	AUX
cblr-1213	1084	4	see	see	VERB
cblr-1213	1084	5	reduced	reduced	ADJ
cblr-1213	1084	6	expenses	expense	NOUN
cblr-1213	1084	7	with	with	ADP
cblr-1213	1084	8	smaller	small	ADJ
cblr-1213	1084	9	back	back	ADJ
cblr-1213	1084	10	-	-	PUNCT
cblr-1213	1084	11	office	office	NOUN
cblr-1213	1084	12	staffing	staffing	NOUN
cblr-1213	1084	13	needed	need	VERB
cblr-1213	1084	14	as	as	ADP
cblr-1213	1084	15	a	a	DET
cblr-1213	1084	16	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	1084	17	no	no	NOUN
cblr-1213	1084	18	.	.	PUNCT
cblr-1213	1085	1	1:130	1:130	NUM
cblr-1213	1085	2	]	]	X
cblr-1213	1085	3	will	will	AUX
cblr-1213	1085	4	swing	swing	VERB
cblr-1213	1085	5	pricing	pricing	NOUN
cblr-1213	1085	6	save	save	VERB
cblr-1213	1085	7	sedentary	sedentary	ADJ
cblr-1213	1085	8	shareholders	shareholder	NOUN
cblr-1213	1085	9	?	?	PUNCT
cblr-1213	1086	1	203	203	NUM
cblr-1213	1086	2	result	result	NOUN
cblr-1213	1086	3	of	of	ADP
cblr-1213	1086	4	full	full	ADJ
cblr-1213	1086	5	implementation	implementation	NOUN
cblr-1213	1086	6	of	of	ADP
cblr-1213	1086	7	blockchain	blockchain	NOUN
cblr-1213	1086	8	,	,	PUNCT
cblr-1213	1086	9	and	and	CCONJ
cblr-1213	1086	10	begin	begin	VERB
cblr-1213	1086	11	to	to	PART
cblr-1213	1086	12	return	return	VERB
cblr-1213	1086	13	value	value	NOUN
cblr-1213	1086	14	to	to	ADP
cblr-1213	1086	15	shareholders	shareholder	NOUN
cblr-1213	1086	16	with	with	ADP
cblr-1213	1086	17	swing	swing	NOUN
cblr-1213	1086	18	pricing	pricing	NOUN
cblr-1213	1086	19	as	as	ADV
cblr-1213	1086	20	well	well	ADV
cblr-1213	1086	21	.	.	PUNCT
cblr-1213	1087	1	while	while	SCONJ
cblr-1213	1087	2	this	this	PRON
cblr-1213	1087	3	is	be	AUX
cblr-1213	1087	4	a	a	DET
cblr-1213	1087	5	time	time	NOUN
cblr-1213	1087	6	of	of	ADP
cblr-1213	1087	7	great	great	ADJ
cblr-1213	1087	8	upheaval	upheaval	NOUN
cblr-1213	1087	9	,	,	PUNCT
cblr-1213	1087	10	it	it	PRON
cblr-1213	1087	11	also	also	ADV
cblr-1213	1087	12	presents	present	VERB
cblr-1213	1087	13	as	as	ADP
cblr-1213	1087	14	opportunity	opportunity	NOUN
cblr-1213	1087	15	for	for	ADP
cblr-1213	1087	16	the	the	DET
cblr-1213	1087	17	mutual	mutual	ADJ
cblr-1213	1087	18	fund	fund	NOUN
cblr-1213	1087	19	industry	industry	NOUN
cblr-1213	1087	20	and	and	CCONJ
cblr-1213	1087	21	its	its	PRON
cblr-1213	1087	22	shareholders	shareholder	NOUN
cblr-1213	1087	23	.	.	PUNCT
cblr-1213	1088	1	certainly	certainly	ADV
cblr-1213	1088	2	,	,	PUNCT
cblr-1213	1088	3	the	the	DET
cblr-1213	1088	4	sec	sec	PROPN
cblr-1213	1088	5	expects	expect	VERB
cblr-1213	1088	6	funds	fund	NOUN
cblr-1213	1088	7	to	to	PART
cblr-1213	1088	8	bulk	bulk	VERB
cblr-1213	1088	9	up	up	ADP
cblr-1213	1088	10	anti	anti	ADJ
cblr-1213	1088	11	-	-	ADJ
cblr-1213	1088	12	dilution	dilution	ADJ
cblr-1213	1088	13	toolboxes	toolbox	NOUN
cblr-1213	1088	14	.	.	PUNCT
cblr-1213	1089	1	each	each	DET
cblr-1213	1089	2	shareholder	shareholder	NOUN
cblr-1213	1089	3	bears	bear	VERB
cblr-1213	1089	4	the	the	DET
cblr-1213	1089	5	burden	burden	NOUN
cblr-1213	1089	6	of	of	ADP
cblr-1213	1089	7	liquidity	liquidity	NOUN
cblr-1213	1089	8	management	management	NOUN
cblr-1213	1089	9	under	under	ADP
cblr-1213	1089	10	the	the	DET
cblr-1213	1089	11	current	current	ADJ
cblr-1213	1089	12	reality	reality	NOUN
cblr-1213	1089	13	.	.	PUNCT
cblr-1213	1090	1	alternatives	alternative	NOUN
cblr-1213	1090	2	exist	exist	VERB
cblr-1213	1090	3	to	to	PART
cblr-1213	1090	4	manage	manage	VERB
cblr-1213	1090	5	liquidity	liquidity	NOUN
cblr-1213	1090	6	and	and	CCONJ
cblr-1213	1090	7	dilution	dilution	NOUN
cblr-1213	1090	8	,	,	PUNCT
cblr-1213	1090	9	but	but	CCONJ
cblr-1213	1090	10	they	they	PRON
cblr-1213	1090	11	are	be	AUX
cblr-1213	1090	12	weak	weak	ADJ
cblr-1213	1090	13	or	or	CCONJ
cblr-1213	1090	14	impractical	impractical	ADJ
cblr-1213	1090	15	to	to	PART
cblr-1213	1090	16	be	be	AUX
cblr-1213	1090	17	used	use	VERB
cblr-1213	1090	18	on	on	ADP
cblr-1213	1090	19	a	a	DET
cblr-1213	1090	20	consistent	consistent	ADJ
cblr-1213	1090	21	,	,	PUNCT
cblr-1213	1090	22	on	on	ADP
cblr-1213	1090	23	-	-	PUNCT
cblr-1213	1090	24	going	go	VERB
cblr-1213	1090	25	basis	basis	NOUN
cblr-1213	1090	26	.	.	PUNCT
cblr-1213	1091	1	large	large	ADJ
cblr-1213	1091	2	firms	firm	NOUN
cblr-1213	1091	3	,	,	PUNCT
cblr-1213	1091	4	including	include	VERB
cblr-1213	1091	5	those	those	PRON
cblr-1213	1091	6	that	that	PRON
cblr-1213	1091	7	service	service	NOUN
cblr-1213	1091	8	mutual	mutual	ADJ
cblr-1213	1091	9	funds	fund	NOUN
cblr-1213	1091	10	,	,	PUNCT
cblr-1213	1091	11	will	will	AUX
cblr-1213	1091	12	be	be	AUX
cblr-1213	1091	13	the	the	DET
cblr-1213	1091	14	early	early	ADJ
cblr-1213	1091	15	adopters	adopter	NOUN
cblr-1213	1091	16	of	of	ADP
cblr-1213	1091	17	swing	swing	NOUN
cblr-1213	1091	18	pricing	pricing	NOUN
cblr-1213	1091	19	.	.	PUNCT
cblr-1213	1092	1	undoubtedly	undoubtedly	ADV
cblr-1213	1092	2	,	,	PUNCT
cblr-1213	1092	3	a	a	DET
cblr-1213	1092	4	united	united	ADJ
cblr-1213	1092	5	industry	industry	NOUN
cblr-1213	1092	6	front	front	NOUN
cblr-1213	1092	7	will	will	AUX
cblr-1213	1092	8	smooth	smooth	VERB
cblr-1213	1092	9	the	the	DET
cblr-1213	1092	10	way	way	NOUN
cblr-1213	1092	11	,	,	PUNCT
cblr-1213	1092	12	as	as	ADV
cblr-1213	1092	13	long	long	ADV
cblr-1213	1092	14	as	as	SCONJ
cblr-1213	1092	15	funds	fund	NOUN
cblr-1213	1092	16	work	work	VERB
cblr-1213	1092	17	with	with	ADP
cblr-1213	1092	18	service	service	NOUN
cblr-1213	1092	19	providers	provider	NOUN
cblr-1213	1092	20	and	and	CCONJ
cblr-1213	1092	21	intermediaries	intermediary	NOUN
cblr-1213	1092	22	.	.	PUNCT
cblr-1213	1093	1	swing	swing	NOUN
cblr-1213	1093	2	pricing	pricing	NOUN
cblr-1213	1093	3	will	will	AUX
cblr-1213	1093	4	be	be	AUX
cblr-1213	1093	5	an	an	DET
cblr-1213	1093	6	opportunity	opportunity	NOUN
cblr-1213	1093	7	for	for	ADP
cblr-1213	1093	8	early	early	ADJ
cblr-1213	1093	9	adopters	adopter	NOUN
cblr-1213	1093	10	.	.	PUNCT
cblr-1213	1094	1	participating	participate	VERB
cblr-1213	1094	2	funds	fund	NOUN
cblr-1213	1094	3	will	will	AUX
cblr-1213	1094	4	see	see	VERB
cblr-1213	1094	5	an	an	DET
cblr-1213	1094	6	uptick	uptick	NOUN
cblr-1213	1094	7	in	in	ADP
cblr-1213	1094	8	fund	fund	NOUN
cblr-1213	1094	9	performance	performance	NOUN
cblr-1213	1094	10	.	.	PUNCT
cblr-1213	1095	1	fund	fund	NOUN
cblr-1213	1095	2	inflows	inflow	NOUN
cblr-1213	1095	3	(	(	PUNCT
cblr-1213	1095	4	new	new	ADJ
cblr-1213	1095	5	investors	investor	NOUN
cblr-1213	1095	6	)	)	PUNCT
cblr-1213	1095	7	follow	follow	VERB
cblr-1213	1095	8	positive	positive	ADJ
cblr-1213	1095	9	performance	performance	NOUN
cblr-1213	1095	10	.	.	PUNCT
cblr-1213	1096	1	more	more	ADV
cblr-1213	1096	2	importantly	importantly	ADV
cblr-1213	1096	3	,	,	PUNCT
cblr-1213	1096	4	sedentary	sedentary	ADJ
cblr-1213	1096	5	shareholders	shareholder	NOUN
cblr-1213	1096	6	will	will	AUX
cblr-1213	1096	7	be	be	AUX
cblr-1213	1096	8	protected	protect	VERB
cblr-1213	1096	9	from	from	ADP
cblr-1213	1096	10	long	long	ADJ
cblr-1213	1096	11	-	-	PUNCT
cblr-1213	1096	12	term	term	NOUN
cblr-1213	1096	13	dilution	dilution	NOUN
cblr-1213	1096	14	,	,	PUNCT
cblr-1213	1096	15	which	which	PRON
cblr-1213	1096	16	will	will	AUX
cblr-1213	1096	17	build	build	VERB
cblr-1213	1096	18	shareholder	shareholder	NOUN
cblr-1213	1096	19	trust	trust	NOUN
cblr-1213	1096	20	and	and	CCONJ
cblr-1213	1096	21	confidence	confidence	NOUN
cblr-1213	1096	22	in	in	ADP
cblr-1213	1096	23	funds	fund	NOUN
cblr-1213	1096	24	that	that	PRON
cblr-1213	1096	25	choose	choose	VERB
cblr-1213	1096	26	to	to	PART
cblr-1213	1096	27	adopt	adopt	VERB
cblr-1213	1096	28	the	the	DET
cblr-1213	1096	29	practice	practice	NOUN
cblr-1213	1096	30	.	.	PUNCT
cblr-1213	1097	1	the	the	DET
cblr-1213	1097	2	sec	sec	PROPN
cblr-1213	1097	3	has	have	AUX
cblr-1213	1097	4	offered	offer	VERB
cblr-1213	1097	5	a	a	DET
cblr-1213	1097	6	tool	tool	NOUN
cblr-1213	1097	7	that	that	PRON
cblr-1213	1097	8	could	could	AUX
cblr-1213	1097	9	serve	serve	VERB
cblr-1213	1097	10	as	as	ADP
cblr-1213	1097	11	a	a	DET
cblr-1213	1097	12	conciliatory	conciliatory	ADJ
cblr-1213	1097	13	olive	olive	NOUN
cblr-1213	1097	14	branch	branch	NOUN
cblr-1213	1097	15	to	to	ADP
cblr-1213	1097	16	beleaguered	beleaguered	ADJ
cblr-1213	1097	17	shareholders	shareholder	NOUN
cblr-1213	1097	18	,	,	PUNCT
cblr-1213	1097	19	many	many	ADJ
cblr-1213	1097	20	of	of	ADP
cblr-1213	1097	21	whom	whom	PRON
cblr-1213	1097	22	are	be	AUX
cblr-1213	1097	23	retirement	retirement	NOUN
cblr-1213	1097	24	investors	investor	NOUN
cblr-1213	1097	25	hit	hit	VERB
cblr-1213	1097	26	hard	hard	ADV
cblr-1213	1097	27	during	during	ADP
cblr-1213	1097	28	the	the	DET
cblr-1213	1097	29	recent	recent	ADJ
cblr-1213	1097	30	financial	financial	ADJ
cblr-1213	1097	31	crisis	crisis	NOUN
cblr-1213	1097	32	.	.	PUNCT
cblr-1213	1098	1	an	an	DET
cblr-1213	1098	2	academic	academic	ADJ
cblr-1213	1098	3	perspective	perspective	NOUN
cblr-1213	1098	4	on	on	ADP
cblr-1213	1098	5	swing	swing	NOUN
cblr-1213	1098	6	pricing	price	VERB
cblr-1213	1098	7	my	my	PRON
cblr-1213	1098	8	prior	prior	ADJ
cblr-1213	1098	9	research	research	NOUN
cblr-1213	1098	10	engages	engage	VERB
cblr-1213	1098	11	with	with	ADP
cblr-1213	1098	12	retirement	retirement	NOUN
cblr-1213	1098	13	investors,319	investors,319	ADP
cblr-1213	1098	14	making	make	VERB
cblr-1213	1098	15	my	my	PRON
cblr-1213	1098	16	perspective	perspective	NOUN
cblr-1213	1098	17	“	"	PUNCT
cblr-1213	1098	18	bottom	bottom	ADJ
cblr-1213	1098	19	up	up	ADV
cblr-1213	1098	20	”	"	PUNCT
cblr-1213	1098	21	looking	look	VERB
cblr-1213	1098	22	at	at	ADP
cblr-1213	1098	23	individuals	individual	NOUN
cblr-1213	1098	24	populating	populate	VERB
cblr-1213	1098	25	the	the	DET
cblr-1213	1098	26	plans	plan	NOUN
cblr-1213	1098	27	and	and	CCONJ
cblr-1213	1098	28	the	the	DET
cblr-1213	1098	29	consequences	consequence	NOUN
cblr-1213	1098	30	of	of	ADP
cblr-1213	1098	31	dilution	dilution	NOUN
cblr-1213	1098	32	.	.	PUNCT
cblr-1213	1099	1	a	a	DET
cblr-1213	1099	2	brief	brief	ADJ
cblr-1213	1099	3	primer	primer	NOUN
cblr-1213	1099	4	on	on	ADP
cblr-1213	1099	5	how	how	SCONJ
cblr-1213	1099	6	retirement	retirement	NOUN
cblr-1213	1099	7	investors	investor	NOUN
cblr-1213	1099	8	enter	enter	VERB
cblr-1213	1099	9	the	the	DET
cblr-1213	1099	10	markets	market	NOUN
cblr-1213	1099	11	is	be	AUX
cblr-1213	1099	12	in	in	ADP
cblr-1213	1099	13	order.320	order.320	NOUN
cblr-1213	1099	14	compensation	compensation	NOUN
cblr-1213	1099	15	(	(	PUNCT
cblr-1213	1099	16	i.e.	i.e.	X
cblr-1213	1099	17	,	,	PUNCT
cblr-1213	1099	18	employer	employer	NOUN
cblr-1213	1099	19	matching	matching	NOUN
cblr-1213	1099	20	funds	fund	NOUN
cblr-1213	1099	21	)	)	PUNCT
cblr-1213	1099	22	,	,	PUNCT
cblr-1213	1099	23	tax	tax	NOUN
cblr-1213	1099	24	incentives	incentive	NOUN
cblr-1213	1099	25	to	to	PART
cblr-1213	1099	26	invest	invest	VERB
cblr-1213	1099	27	,	,	PUNCT
cblr-1213	1099	28	tax	tax	NOUN
cblr-1213	1099	29	penalties	penalty	NOUN
cblr-1213	1099	30	to	to	PART
cblr-1213	1099	31	withdraw	withdraw	VERB
cblr-1213	1099	32	,	,	PUNCT
cblr-1213	1099	33	and	and	CCONJ
cblr-1213	1099	34	structural	structural	ADJ
cblr-1213	1099	35	319	319	NUM
cblr-1213	1099	36	see	see	NOUN
cblr-1213	1099	37	e.g.	e.g.	ADV
cblr-1213	1099	38	,	,	PUNCT
cblr-1213	1099	39	tucker	tucker	PROPN
cblr-1213	1099	40	,	,	PUNCT
cblr-1213	1099	41	supra	supra	PROPN
cblr-1213	1099	42	note	note	PROPN
cblr-1213	1099	43	65	65	NUM
cblr-1213	1099	44	(	(	PUNCT
cblr-1213	1099	45	describing	describe	VERB
cblr-1213	1099	46	locked	lock	VERB
cblr-1213	1099	47	in	in	ADP
cblr-1213	1099	48	retirement	retirement	NOUN
cblr-1213	1099	49	investors	investor	NOUN
cblr-1213	1099	50	)	)	PUNCT
cblr-1213	1099	51	;	;	PUNCT
cblr-1213	1099	52	anne	anne	PROPN
cblr-1213	1099	53	m.	m.	PROPN
cblr-1213	1099	54	tucker	tucker	PROPN
cblr-1213	1099	55	,	,	PUNCT
cblr-1213	1099	56	the	the	DET
cblr-1213	1099	57	outside	outside	ADJ
cblr-1213	1099	58	investor	investor	NOUN
cblr-1213	1099	59	:	:	PUNCT
cblr-1213	1099	60	citizen	citizen	PROPN
cblr-1213	1099	61	shareholders	shareholder	NOUN
cblr-1213	1099	62	&	&	CCONJ
cblr-1213	1099	63	corporate	corporate	ADJ
cblr-1213	1099	64	alienation	alienation	NOUN
cblr-1213	1099	65	,	,	PUNCT
cblr-1213	1099	66	11	11	NUM
cblr-1213	1099	67	u.	u.	PROPN
cblr-1213	1099	68	st	st	PROPN
cblr-1213	1099	69	.	.	PROPN
cblr-1213	1099	70	thomas	thomas	PROPN
cblr-1213	1099	71	l.j	l.j	PROPN
cblr-1213	1099	72	.	.	PROPN
cblr-1213	1099	73	99	99	NUM
cblr-1213	1099	74	(	(	PUNCT
cblr-1213	1099	75	2014	2014	NUM
cblr-1213	1099	76	)	)	PUNCT
cblr-1213	1099	77	(	(	PUNCT
cblr-1213	1099	78	describing	describe	VERB
cblr-1213	1099	79	the	the	DET
cblr-1213	1099	80	legal	legal	ADJ
cblr-1213	1099	81	rights	right	NOUN
cblr-1213	1099	82	and	and	CCONJ
cblr-1213	1099	83	restrictions	restriction	NOUN
cblr-1213	1099	84	on	on	ADP
cblr-1213	1099	85	retirement	retirement	NOUN
cblr-1213	1099	86	investors	investor	NOUN
cblr-1213	1099	87	in	in	ADP
cblr-1213	1099	88	the	the	DET
cblr-1213	1099	89	traditional	traditional	ADJ
cblr-1213	1099	90	corporate	corporate	ADJ
cblr-1213	1099	91	governance	governance	NOUN
cblr-1213	1099	92	framework	framework	NOUN
cblr-1213	1099	93	)	)	PUNCT
cblr-1213	1099	94	;	;	PUNCT
cblr-1213	1099	95	anne	anne	PROPN
cblr-1213	1099	96	m.	m.	PROPN
cblr-1213	1099	97	tucker	tucker	PROPN
cblr-1213	1099	98	,	,	PUNCT
cblr-1213	1099	99	retirement	retirement	NOUN
cblr-1213	1099	100	revolution	revolution	NOUN
cblr-1213	1099	101	:	:	PUNCT
cblr-1213	1099	102	unmitigated	unmitigated	ADJ
cblr-1213	1099	103	risks	risk	NOUN
cblr-1213	1099	104	in	in	ADP
cblr-1213	1099	105	the	the	DET
cblr-1213	1099	106	defined	define	VERB
cblr-1213	1099	107	contribution	contribution	NOUN
cblr-1213	1099	108	society	society	NOUN
cblr-1213	1099	109	,	,	PUNCT
cblr-1213	1099	110	51	51	NUM
cblr-1213	1099	111	houston	houston	PROPN
cblr-1213	1099	112	l.	l.	PROPN
cblr-1213	1099	113	rev	rev	PROPN
cblr-1213	1099	114	.	.	PROPN
cblr-1213	1099	115	153	153	NUM
cblr-1213	1099	116	(	(	PUNCT
cblr-1213	1099	117	2013	2013	NUM
cblr-1213	1099	118	)	)	PUNCT
cblr-1213	1099	119	(	(	PUNCT
cblr-1213	1099	120	describing	describe	VERB
cblr-1213	1099	121	the	the	DET
cblr-1213	1099	122	legal	legal	ADJ
cblr-1213	1099	123	changes	change	NOUN
cblr-1213	1099	124	to	to	ADP
cblr-1213	1099	125	the	the	DET
cblr-1213	1099	126	retirement	retirement	NOUN
cblr-1213	1099	127	experiment	experiment	NOUN
cblr-1213	1099	128	)	)	PUNCT
cblr-1213	1099	129	.	.	PUNCT
cblr-1213	1100	1	320	320	NUM
cblr-1213	1100	2	this	this	DET
cblr-1213	1100	3	subsection	subsection	NOUN
cblr-1213	1100	4	was	be	AUX
cblr-1213	1100	5	written	write	VERB
cblr-1213	1100	6	by	by	ADP
cblr-1213	1100	7	anne	anne	PROPN
cblr-1213	1100	8	m.	m.	PROPN
cblr-1213	1100	9	tucker	tucker	PROPN
cblr-1213	1100	10	,	,	PUNCT
cblr-1213	1100	11	associate	associate	ADJ
cblr-1213	1100	12	professor	professor	NOUN
cblr-1213	1100	13	of	of	ADP
cblr-1213	1100	14	law	law	NOUN
cblr-1213	1100	15	,	,	PUNCT
cblr-1213	1100	16	georgia	georgia	PROPN
cblr-1213	1100	17	state	state	PROPN
cblr-1213	1100	18	university	university	PROPN
cblr-1213	1100	19	college	college	PROPN
cblr-1213	1100	20	of	of	ADP
cblr-1213	1100	21	law	law	NOUN
cblr-1213	1100	22	.	.	PUNCT
cblr-1213	1101	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	1101	2	204	204	NUM
cblr-1213	1101	3	columbia	columbia	PROPN
cblr-1213	1101	4	business	business	NOUN
cblr-1213	1101	5	law	law	PROPN
cblr-1213	1101	6	review	review	NOUN
cblr-1213	1101	7	[	[	X
cblr-1213	1101	8	vol	vol	NOUN
cblr-1213	1101	9	.	.	PUNCT
cblr-1213	1101	10	2018	2018	NUM
cblr-1213	1101	11	incentives	incentive	NOUN
cblr-1213	1101	12	such	such	ADJ
cblr-1213	1101	13	as	as	ADP
cblr-1213	1101	14	automatic	automatic	ADJ
cblr-1213	1101	15	enrollment	enrollment	NOUN
cblr-1213	1101	16	strongly	strongly	ADV
cblr-1213	1101	17	influence	influence	VERB
cblr-1213	1101	18	the	the	DET
cblr-1213	1101	19	“	"	PUNCT
cblr-1213	1101	20	choice	choice	NOUN
cblr-1213	1101	21	”	"	PUNCT
cblr-1213	1101	22	to	to	ADP
cblr-1213	1101	23	invest.321	invest.321	PROPN
cblr-1213	1101	24	retirement	retirement	NOUN
cblr-1213	1101	25	investors	investor	NOUN
cblr-1213	1101	26	entering	enter	VERB
cblr-1213	1101	27	the	the	DET
cblr-1213	1101	28	mutual	mutual	ADJ
cblr-1213	1101	29	fund	fund	NOUN
cblr-1213	1101	30	market	market	NOUN
cblr-1213	1101	31	through	through	ADP
cblr-1213	1101	32	defined	define	VERB
cblr-1213	1101	33	contribution	contribution	NOUN
cblr-1213	1101	34	plans	plan	NOUN
cblr-1213	1101	35	and	and	CCONJ
cblr-1213	1101	36	individual	individual	ADJ
cblr-1213	1101	37	retirement	retirement	NOUN
cblr-1213	1101	38	accounts	account	NOUN
cblr-1213	1101	39	fueled	fuel	VERB
cblr-1213	1101	40	rapid	rapid	ADJ
cblr-1213	1101	41	growth	growth	NOUN
cblr-1213	1101	42	of	of	ADP
cblr-1213	1101	43	the	the	DET
cblr-1213	1101	44	industry.322	industry.322	PROPN
cblr-1213	1101	45	the	the	DET
cblr-1213	1101	46	mutual	mutual	ADJ
cblr-1213	1101	47	fund	fund	NOUN
cblr-1213	1101	48	industry	industry	NOUN
cblr-1213	1101	49	now	now	ADV
cblr-1213	1101	50	manages	manage	VERB
cblr-1213	1101	51	$	$	SYM
cblr-1213	1101	52	16.3	16.3	NUM
cblr-1213	1101	53	trillion	trillion	NUM
cblr-1213	1101	54	assets	asset	NOUN
cblr-1213	1101	55	and	and	CCONJ
cblr-1213	1101	56	manages	manage	VERB
cblr-1213	1101	57	retirement	retirement	NOUN
cblr-1213	1101	58	investments	investment	NOUN
cblr-1213	1101	59	for	for	ADP
cblr-1213	1101	60	54.9	54.9	NUM
cblr-1213	1101	61	million	million	NUM
cblr-1213	1101	62	u.s	u.s	PROPN
cblr-1213	1101	63	.	.	PROPN
cblr-1213	1101	64	households.323	households.323	PROPN
cblr-1213	1101	65	once	once	ADV
cblr-1213	1101	66	invested	invest	VERB
cblr-1213	1101	67	,	,	PUNCT
cblr-1213	1101	68	retirement	retirement	NOUN
cblr-1213	1101	69	investors	investor	NOUN
cblr-1213	1101	70	face	face	VERB
cblr-1213	1101	71	exit	exit	NOUN
cblr-1213	1101	72	obstacles	obstacle	NOUN
cblr-1213	1101	73	that	that	PRON
cblr-1213	1101	74	make	make	VERB
cblr-1213	1101	75	their	their	PRON
cblr-1213	1101	76	investments	investment	NOUN
cblr-1213	1101	77	sticky	sticky	ADJ
cblr-1213	1101	78	.	.	PUNCT
cblr-1213	1102	1	in	in	ADP
cblr-1213	1102	2	other	other	ADJ
cblr-1213	1102	3	words	word	NOUN
cblr-1213	1102	4	,	,	PUNCT
cblr-1213	1102	5	they	they	PRON
cblr-1213	1102	6	are	be	AUX
cblr-1213	1102	7	more	more	ADV
cblr-1213	1102	8	likely	likely	ADJ
cblr-1213	1102	9	to	to	PART
cblr-1213	1102	10	be	be	AUX
cblr-1213	1102	11	sedentary	sedentary	ADJ
cblr-1213	1102	12	,	,	PUNCT
cblr-1213	1102	13	staying	stay	VERB
cblr-1213	1102	14	in	in	ADP
cblr-1213	1102	15	a	a	DET
cblr-1213	1102	16	fund	fund	NOUN
cblr-1213	1102	17	for	for	ADP
cblr-1213	1102	18	a	a	DET
cblr-1213	1102	19	long	long	ADJ
cblr-1213	1102	20	time	time	NOUN
cblr-1213	1102	21	,	,	PUNCT
cblr-1213	1102	22	and	and	CCONJ
cblr-1213	1102	23	recent	recent	ADJ
cblr-1213	1102	24	ici	ici	PROPN
cblr-1213	1102	25	retirement	retirement	PROPN
cblr-1213	1102	26	investor	investor	NOUN
cblr-1213	1102	27	research	research	NOUN
cblr-1213	1102	28	demonstrates	demonstrate	VERB
cblr-1213	1102	29	this.324	this.324	NUM
cblr-1213	1102	30	the	the	DET
cblr-1213	1102	31	shifted	shift	VERB
cblr-1213	1102	32	focus	focus	NOUN
cblr-1213	1102	33	in	in	ADP
cblr-1213	1102	34	retirement	retirement	NOUN
cblr-1213	1102	35	planning	planning	NOUN
cblr-1213	1102	36	away	away	ADV
cblr-1213	1102	37	from	from	ADP
cblr-1213	1102	38	pensions	pension	NOUN
cblr-1213	1102	39	to	to	ADP
cblr-1213	1102	40	self	self	NOUN
cblr-1213	1102	41	-	-	PUNCT
cblr-1213	1102	42	directed	direct	VERB
cblr-1213	1102	43	defined	define	VERB
cblr-1213	1102	44	contributions	contribution	NOUN
cblr-1213	1102	45	plans	plan	NOUN
cblr-1213	1102	46	(	(	PUNCT
cblr-1213	1102	47	i.e.	i.e.	X
cblr-1213	1102	48	,	,	PUNCT
cblr-1213	1102	49	401ks	401ks	NOUN
cblr-1213	1102	50	)	)	PUNCT
cblr-1213	1102	51	has	have	AUX
cblr-1213	1102	52	been	be	AUX
cblr-1213	1102	53	described	describe	VERB
cblr-1213	1102	54	as	as	ADP
cblr-1213	1102	55	the	the	DET
cblr-1213	1102	56	great	great	ADJ
cblr-1213	1102	57	experiment	experiment	NOUN
cblr-1213	1102	58	.	.	PUNCT
cblr-1213	1103	1	in	in	ADP
cblr-1213	1103	2	the	the	DET
cblr-1213	1103	3	united	united	PROPN
cblr-1213	1103	4	states	states	PROPN
cblr-1213	1103	5	,	,	PUNCT
cblr-1213	1103	6	retiring	retire	VERB
cblr-1213	1103	7	employees	employee	NOUN
cblr-1213	1103	8	are	be	AUX
cblr-1213	1103	9	no	no	ADV
cblr-1213	1103	10	longer	long	ADV
cblr-1213	1103	11	guaranteed	guarantee	VERB
cblr-1213	1103	12	an	an	DET
cblr-1213	1103	13	income325	income325	PROPN
cblr-1213	1103	14	in	in	ADP
cblr-1213	1103	15	retirement	retirement	NOUN
cblr-1213	1103	16	,	,	PUNCT
cblr-1213	1103	17	but	but	CCONJ
cblr-1213	1103	18	instead	instead	ADV
cblr-1213	1103	19	are	be	AUX
cblr-1213	1103	20	guaranteed	guarantee	VERB
cblr-1213	1103	21	access	access	NOUN
cblr-1213	1103	22	to	to	ADP
cblr-1213	1103	23	the	the	DET
cblr-1213	1103	24	assets	asset	NOUN
cblr-1213	1103	25	that	that	PRON
cblr-1213	1103	26	they	they	PRON
cblr-1213	1103	27	saved	save	VERB
cblr-1213	1103	28	and	and	CCONJ
cblr-1213	1103	29	now	now	ADV
cblr-1213	1103	30	manage	manage	VERB
cblr-1213	1103	31	.	.	PUNCT
cblr-1213	1104	1	robert	robert	PROPN
cblr-1213	1104	2	merton	merton	PROPN
cblr-1213	1104	3	described	describe	VERB
cblr-1213	1104	4	the	the	DET
cblr-1213	1104	5	u.s	u.s	PROPN
cblr-1213	1104	6	.	.	PROPN
cblr-1213	1104	7	retirement	retirement	NOUN
cblr-1213	1104	8	experiment	experiment	NOUN
cblr-1213	1104	9	in	in	ADP
cblr-1213	1104	10	the	the	DET
cblr-1213	1104	11	following	follow	VERB
cblr-1213	1104	12	colorful	colorful	ADJ
cblr-1213	1104	13	terms	term	NOUN
cblr-1213	1104	14	:	:	PUNCT
cblr-1213	1105	1	[	[	X
cblr-1213	1105	2	i]t	i]t	X
cblr-1213	1105	3	’s	’	VERB
cblr-1213	1105	4	a	a	DET
cblr-1213	1105	5	real	real	ADJ
cblr-1213	1105	6	stretch	stretch	NOUN
cblr-1213	1105	7	to	to	PART
cblr-1213	1105	8	ask	ask	VERB
cblr-1213	1105	9	people	people	NOUN
cblr-1213	1105	10	to	to	PART
cblr-1213	1105	11	acquire	acquire	VERB
cblr-1213	1105	12	sufficient	sufficient	ADJ
cblr-1213	1105	13	financial	financial	ADJ
cblr-1213	1105	14	expertise	expertise	NOUN
cblr-1213	1105	15	to	to	PART
cblr-1213	1105	16	manage	manage	VERB
cblr-1213	1105	17	all	all	DET
cblr-1213	1105	18	the	the	DET
cblr-1213	1105	19	investment	investment	NOUN
cblr-1213	1105	20	steps	step	NOUN
cblr-1213	1105	21	needed	need	VERB
cblr-1213	1105	22	to	to	PART
cblr-1213	1105	23	get	get	VERB
cblr-1213	1105	24	to	to	ADP
cblr-1213	1105	25	their	their	PRON
cblr-1213	1105	26	pension	pension	NOUN
cblr-1213	1105	27	goals	goal	NOUN
cblr-1213	1105	28	.	.	PUNCT
cblr-1213	1106	1	that	that	PRON
cblr-1213	1106	2	’s	’	VERB
cblr-1213	1106	3	a	a	DET
cblr-1213	1106	4	challenge	challenge	NOUN
cblr-1213	1106	5	even	even	ADV
cblr-1213	1106	6	for	for	ADP
cblr-1213	1106	7	professionals	professional	NOUN
cblr-1213	1106	8	.	.	PUNCT
cblr-1213	1107	1	you	you	PRON
cblr-1213	1107	2	’d	’d	VERB
cblr-1213	1107	3	no	no	PRON
cblr-1213	1107	4	more	more	ADV
cblr-1213	1107	5	require	require	VERB
cblr-1213	1107	6	employees	employee	NOUN
cblr-1213	1107	7	to	to	PART
cblr-1213	1107	8	make	make	VERB
cblr-1213	1107	9	those	those	DET
cblr-1213	1107	10	kinds	kind	NOUN
cblr-1213	1107	11	of	of	ADP
cblr-1213	1107	12	decisions	decision	NOUN
cblr-1213	1107	13	than	than	SCONJ
cblr-1213	1107	14	an	an	DET
cblr-1213	1107	15	automaker	automaker	NOUN
cblr-1213	1107	16	would	would	AUX
cblr-1213	1107	17	dump	dump	VERB
cblr-1213	1107	18	a	a	DET
cblr-1213	1107	19	pile	pile	NOUN
cblr-1213	1107	20	of	of	ADP
cblr-1213	1107	21	car	car	NOUN
cblr-1213	1107	22	parts	part	NOUN
cblr-1213	1107	23	and	and	CCONJ
cblr-1213	1107	24	a	a	DET
cblr-1213	1107	25	technical	technical	ADJ
cblr-1213	1107	26	manual	manual	NOUN
cblr-1213	1107	27	in	in	ADP
cblr-1213	1107	28	the	the	DET
cblr-1213	1107	29	buyer	buyer	NOUN
cblr-1213	1107	30	’s	’s	PART
cblr-1213	1107	31	driveway	driveway	NOUN
cblr-1213	1107	32	with	with	ADP
cblr-1213	1107	33	a	a	DET
cblr-1213	1107	34	note	note	NOUN
cblr-1213	1107	35	that	that	SCONJ
cblr-1213	1107	36	321	321	NUM
cblr-1213	1107	37	see	see	VERB
cblr-1213	1107	38	tucker	tucker	PROPN
cblr-1213	1107	39	,	,	PUNCT
cblr-1213	1107	40	supra	supra	PROPN
cblr-1213	1107	41	note	note	PROPN
cblr-1213	1107	42	65	65	NUM
cblr-1213	1107	43	,	,	PUNCT
cblr-1213	1107	44	at	at	ADP
cblr-1213	1107	45	168–69	168–69	NUM
cblr-1213	1107	46	.	.	PUNCT
cblr-1213	1108	1	322	322	NUM
cblr-1213	1108	2	inv	inv	NOUN
cblr-1213	1108	3	.	.	PUNCT
cblr-1213	1108	4	co.	co.	PROPN
cblr-1213	1108	5	inst	inst	PROPN
cblr-1213	1108	6	.	.	PROPN
cblr-1213	1108	7	,	,	PUNCT
cblr-1213	1108	8	supra	supra	PROPN
cblr-1213	1108	9	note	note	PROPN
cblr-1213	1108	10	1	1	NUM
cblr-1213	1108	11	,	,	PUNCT
cblr-1213	1108	12	at	at	ADP
cblr-1213	1108	13	130	130	NUM
cblr-1213	1108	14	;	;	PUNCT
cblr-1213	1108	15	see	see	VERB
cblr-1213	1108	16	also	also	ADV
cblr-1213	1108	17	holden	holden	PROPN
cblr-1213	1108	18	,	,	PUNCT
cblr-1213	1108	19	supra	supra	PROPN
cblr-1213	1108	20	note	note	NOUN
cblr-1213	1108	21	3	3	NUM
cblr-1213	1108	22	,	,	PUNCT
cblr-1213	1108	23	at	at	ADP
cblr-1213	1108	24	2	2	NUM
cblr-1213	1108	25	(	(	PUNCT
cblr-1213	1108	26	describing	describe	VERB
cblr-1213	1108	27	defined	define	VERB
cblr-1213	1108	28	contribution	contribution	NOUN
cblr-1213	1108	29	plan	plan	NOUN
cblr-1213	1108	30	asset	asset	NOUN
cblr-1213	1108	31	trends	trend	NOUN
cblr-1213	1108	32	from	from	ADP
cblr-1213	1108	33	2007–2016	2007–2016	NUM
cblr-1213	1108	34	)	)	PUNCT
cblr-1213	1108	35	.	.	PUNCT
cblr-1213	1109	1	323	323	NUM
cblr-1213	1109	2	ici	ici	NOUN
cblr-1213	1109	3	factbook	factbook	NOUN
cblr-1213	1109	4	,	,	PUNCT
cblr-1213	1109	5	supra	supra	PROPN
cblr-1213	1109	6	note	note	NOUN
cblr-1213	1109	7	1	1	NUM
cblr-1213	1109	8	,	,	PUNCT
cblr-1213	1109	9	at	at	ADP
cblr-1213	1109	10	10	10	NUM
cblr-1213	1109	11	;	;	PUNCT
cblr-1213	1109	12	see	see	VERB
cblr-1213	1109	13	also	also	ADV
cblr-1213	1109	14	holden	holden	PROPN
cblr-1213	1109	15	,	,	PUNCT
cblr-1213	1109	16	supra	supra	PROPN
cblr-1213	1109	17	note	note	NOUN
cblr-1213	1109	18	3	3	NUM
cblr-1213	1109	19	,	,	PUNCT
cblr-1213	1109	20	at	at	ADP
cblr-1213	1109	21	2	2	NUM
cblr-1213	1109	22	.	.	X
cblr-1213	1109	23	324	324	NUM
cblr-1213	1109	24	see	see	VERB
cblr-1213	1109	25	holden	holden	PROPN
cblr-1213	1109	26	,	,	PUNCT
cblr-1213	1109	27	supra	supra	PROPN
cblr-1213	1109	28	note	note	NOUN
cblr-1213	1109	29	3	3	NUM
cblr-1213	1109	30	and	and	CCONJ
cblr-1213	1109	31	accompanying	accompany	VERB
cblr-1213	1109	32	text	text	NOUN
cblr-1213	1109	33	.	.	PUNCT
cblr-1213	1110	1	325	325	NUM
cblr-1213	1110	2	pensions	pension	NOUN
cblr-1213	1110	3	were	be	AUX
cblr-1213	1110	4	never	never	ADV
cblr-1213	1110	5	universal	universal	ADJ
cblr-1213	1110	6	and	and	CCONJ
cblr-1213	1110	7	the	the	DET
cblr-1213	1110	8	headline	headline	NOUN
cblr-1213	1110	9	-	-	PUNCT
cblr-1213	1110	10	making	make	VERB
cblr-1213	1110	11	failure	failure	NOUN
cblr-1213	1110	12	of	of	ADP
cblr-1213	1110	13	steel	steel	NOUN
cblr-1213	1110	14	companies	company	NOUN
cblr-1213	1110	15	and	and	CCONJ
cblr-1213	1110	16	pensions	pension	NOUN
cblr-1213	1110	17	in	in	ADP
cblr-1213	1110	18	the	the	DET
cblr-1213	1110	19	1970s	1970	NOUN
cblr-1213	1110	20	contributed	contribute	VERB
cblr-1213	1110	21	to	to	ADP
cblr-1213	1110	22	the	the	DET
cblr-1213	1110	23	shift	shift	NOUN
cblr-1213	1110	24	to	to	ADP
cblr-1213	1110	25	individual	individual	ADJ
cblr-1213	1110	26	savings	saving	NOUN
cblr-1213	1110	27	vehicles	vehicle	NOUN
cblr-1213	1110	28	.	.	PUNCT
cblr-1213	1111	1	retirement	retirement	NOUN
cblr-1213	1111	2	revolution	revolution	PROPN
cblr-1213	1111	3	,	,	PUNCT
cblr-1213	1111	4	supra	supra	PROPN
cblr-1213	1111	5	note	note	NOUN
cblr-1213	1111	6	319	319	NUM
cblr-1213	1111	7	,	,	PUNCT
cblr-1213	1111	8	at	at	ADP
cblr-1213	1111	9	163–167	163–167	NUM
cblr-1213	1111	10	.	.	PUNCT
cblr-1213	1112	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	1113	1	no	no	INTJ
cblr-1213	1113	2	.	.	PUNCT
cblr-1213	1114	1	1:130	1:130	NUM
cblr-1213	1114	2	]	]	X
cblr-1213	1114	3	will	will	AUX
cblr-1213	1114	4	swing	swing	VERB
cblr-1213	1114	5	pricing	pricing	NOUN
cblr-1213	1114	6	save	save	VERB
cblr-1213	1114	7	sedentary	sedentary	ADJ
cblr-1213	1114	8	shareholders	shareholder	NOUN
cblr-1213	1114	9	?	?	PUNCT
cblr-1213	1115	1	205	205	NUM
cblr-1213	1115	2	says	say	VERB
cblr-1213	1115	3	,	,	PUNCT
cblr-1213	1115	4	‘	'	PUNCT
cblr-1213	1115	5	here	here	ADV
cblr-1213	1115	6	’s	’	VERB
cblr-1213	1115	7	what	what	PRON
cblr-1213	1115	8	you	you	PRON
cblr-1213	1115	9	need	need	VERB
cblr-1213	1115	10	to	to	PART
cblr-1213	1115	11	put	put	VERB
cblr-1213	1115	12	the	the	DET
cblr-1213	1115	13	car	car	NOUN
cblr-1213	1115	14	together	together	ADV
cblr-1213	1115	15	.	.	PUNCT
cblr-1213	1116	1	if	if	SCONJ
cblr-1213	1116	2	it	it	PRON
cblr-1213	1116	3	does	do	AUX
cblr-1213	1116	4	n’t	not	PART
cblr-1213	1116	5	work	work	VERB
cblr-1213	1116	6	,	,	PUNCT
cblr-1213	1116	7	that	that	PRON
cblr-1213	1116	8	’s	’	VERB
cblr-1213	1116	9	your	your	PRON
cblr-1213	1116	10	problem	problem	NOUN
cblr-1213	1116	11	.	.	PUNCT
cblr-1213	1117	1	’326	’326	NOUN
cblr-1213	1117	2	in	in	ADP
cblr-1213	1117	3	this	this	DET
cblr-1213	1117	4	experiment	experiment	NOUN
cblr-1213	1117	5	,	,	PUNCT
cblr-1213	1117	6	to	to	PART
cblr-1213	1117	7	extend	extend	VERB
cblr-1213	1117	8	the	the	DET
cblr-1213	1117	9	analogy	analogy	NOUN
cblr-1213	1117	10	,	,	PUNCT
cblr-1213	1117	11	there	there	PRON
cblr-1213	1117	12	are	be	VERB
cblr-1213	1117	13	many	many	ADJ
cblr-1213	1117	14	uncontrolled	uncontrolled	ADJ
cblr-1213	1117	15	variables	variable	NOUN
cblr-1213	1117	16	such	such	ADJ
cblr-1213	1117	17	as	as	ADP
cblr-1213	1117	18	how	how	SCONJ
cblr-1213	1117	19	much	much	ADJ
cblr-1213	1117	20	people	people	NOUN
cblr-1213	1117	21	save	save	VERB
cblr-1213	1117	22	,	,	PUNCT
cblr-1213	1117	23	how	how	SCONJ
cblr-1213	1117	24	well	well	ADV
cblr-1213	1117	25	they	they	PRON
cblr-1213	1117	26	invest	invest	VERB
cblr-1213	1117	27	it	it	PRON
cblr-1213	1117	28	,	,	PUNCT
cblr-1213	1117	29	and	and	CCONJ
cblr-1213	1117	30	how	how	SCONJ
cblr-1213	1117	31	long	long	ADV
cblr-1213	1117	32	they	they	PRON
cblr-1213	1117	33	live	live	VERB
cblr-1213	1117	34	that	that	PRON
cblr-1213	1117	35	make	make	VERB
cblr-1213	1117	36	retirement	retirement	NOUN
cblr-1213	1117	37	policy	policy	NOUN
cblr-1213	1117	38	and	and	CCONJ
cblr-1213	1117	39	market	market	NOUN
cblr-1213	1117	40	regulation	regulation	NOUN
cblr-1213	1117	41	complex	complex	ADJ
cblr-1213	1117	42	and	and	CCONJ
cblr-1213	1117	43	indefinite	indefinite	ADJ
cblr-1213	1117	44	.	.	PUNCT
cblr-1213	1118	1	transaction	transaction	NOUN
cblr-1213	1118	2	cost	cost	NOUN
cblr-1213	1118	3	dilution	dilution	NOUN
cblr-1213	1118	4	,	,	PUNCT
cblr-1213	1118	5	however	however	ADV
cblr-1213	1118	6	,	,	PUNCT
cblr-1213	1118	7	is	be	AUX
cblr-1213	1118	8	a	a	DET
cblr-1213	1118	9	controllable	controllable	ADJ
cblr-1213	1118	10	variable	variable	NOUN
cblr-1213	1118	11	.	.	PUNCT
cblr-1213	1119	1	the	the	DET
cblr-1213	1119	2	u.s	u.s	PROPN
cblr-1213	1119	3	.	.	PROPN
cblr-1213	1119	4	retirement	retirement	NOUN
cblr-1213	1119	5	experiment	experiment	NOUN
cblr-1213	1119	6	needs	need	VERB
cblr-1213	1119	7	every	every	DET
cblr-1213	1119	8	available	available	ADJ
cblr-1213	1119	9	tool	tool	NOUN
cblr-1213	1119	10	in	in	ADP
cblr-1213	1119	11	its	its	PRON
cblr-1213	1119	12	arsenal	arsenal	NOUN
cblr-1213	1119	13	to	to	PART
cblr-1213	1119	14	promote	promote	VERB
cblr-1213	1119	15	individual	individual	ADJ
cblr-1213	1119	16	and	and	CCONJ
cblr-1213	1119	17	systemic	systemic	ADJ
cblr-1213	1119	18	financial	financial	ADJ
cblr-1213	1119	19	stability	stability	NOUN
cblr-1213	1119	20	.	.	PUNCT
cblr-1213	1120	1	the	the	DET
cblr-1213	1120	2	sec	sec	PROPN
cblr-1213	1120	3	’s	’s	PART
cblr-1213	1120	4	swing	swing	NOUN
cblr-1213	1120	5	pricing	pricing	NOUN
cblr-1213	1120	6	rules	rule	NOUN
cblr-1213	1120	7	present	present	VERB
cblr-1213	1120	8	a	a	DET
cblr-1213	1120	9	path	path	NOUN
cblr-1213	1120	10	for	for	SCONJ
cblr-1213	1120	11	funds	fund	NOUN
cblr-1213	1120	12	to	to	PART
cblr-1213	1120	13	control	control	VERB
cblr-1213	1120	14	at	at	ADP
cblr-1213	1120	15	least	least	ADJ
cblr-1213	1120	16	this	this	DET
cblr-1213	1120	17	one	one	NUM
cblr-1213	1120	18	variable	variable	NOUN
cblr-1213	1120	19	.	.	PUNCT
cblr-1213	1121	1	as	as	SCONJ
cblr-1213	1121	2	my	my	PRON
cblr-1213	1121	3	co	co	NOUN
cblr-1213	1121	4	-	-	NOUN
cblr-1213	1121	5	author	author	NOUN
cblr-1213	1121	6	ably	ably	ADV
cblr-1213	1121	7	describes	describe	VERB
cblr-1213	1121	8	,	,	PUNCT
cblr-1213	1121	9	the	the	DET
cblr-1213	1121	10	sec	sec	PROPN
cblr-1213	1121	11	’s	’s	PART
cblr-1213	1121	12	path	path	NOUN
cblr-1213	1121	13	is	be	AUX
cblr-1213	1121	14	partial	partial	ADJ
cblr-1213	1121	15	,	,	PUNCT
cblr-1213	1121	16	incomplete	incomplete	ADJ
cblr-1213	1121	17	,	,	PUNCT
cblr-1213	1121	18	and	and	CCONJ
cblr-1213	1121	19	fraught	fraught	ADJ
cblr-1213	1121	20	with	with	ADP
cblr-1213	1121	21	operational	operational	ADJ
cblr-1213	1121	22	challenges	challenge	NOUN
cblr-1213	1121	23	that	that	PRON
cblr-1213	1121	24	are	be	AUX
cblr-1213	1121	25	significant	significant	ADJ
cblr-1213	1121	26	,	,	PUNCT
cblr-1213	1121	27	scary	scary	ADJ
cblr-1213	1121	28	,	,	PUNCT
cblr-1213	1121	29	and	and	CCONJ
cblr-1213	1121	30	will	will	AUX
cblr-1213	1121	31	require	require	VERB
cblr-1213	1121	32	individuals	individual	NOUN
cblr-1213	1121	33	within	within	ADP
cblr-1213	1121	34	the	the	DET
cblr-1213	1121	35	mutual	mutual	ADJ
cblr-1213	1121	36	fund	fund	NOUN
cblr-1213	1121	37	industry	industry	NOUN
cblr-1213	1121	38	to	to	PART
cblr-1213	1121	39	spend	spend	VERB
cblr-1213	1121	40	tedious	tedious	ADJ
cblr-1213	1121	41	hours	hour	NOUN
cblr-1213	1121	42	solving	solving	NOUN
cblr-1213	1121	43	.	.	PUNCT
cblr-1213	1122	1	no	no	DET
cblr-1213	1122	2	one	one	NOUN
cblr-1213	1122	3	wants	want	VERB
cblr-1213	1122	4	to	to	PART
cblr-1213	1122	5	do	do	VERB
cblr-1213	1122	6	this	this	PRON
cblr-1213	1122	7	,	,	PUNCT
cblr-1213	1122	8	and	and	CCONJ
cblr-1213	1122	9	no	no	DET
cblr-1213	1122	10	one	one	NOUN
cblr-1213	1122	11	wants	want	VERB
cblr-1213	1122	12	to	to	PART
cblr-1213	1122	13	ask	ask	VERB
cblr-1213	1122	14	their	their	PRON
cblr-1213	1122	15	colleagues	colleague	NOUN
cblr-1213	1122	16	to	to	PART
cblr-1213	1122	17	do	do	VERB
cblr-1213	1122	18	this	this	PRON
cblr-1213	1122	19	.	.	PUNCT
cblr-1213	1123	1	european	european	ADJ
cblr-1213	1123	2	funds	funds	PROPN
cblr-1213	1123	3	’	'	PUNCT
cblr-1213	1123	4	robust	robust	ADJ
cblr-1213	1123	5	experience	experience	NOUN
cblr-1213	1123	6	with	with	ADP
cblr-1213	1123	7	swing	swing	NOUN
cblr-1213	1123	8	pricing	pricing	NOUN
cblr-1213	1123	9	should	should	AUX
cblr-1213	1123	10	be	be	AUX
cblr-1213	1123	11	a	a	DET
cblr-1213	1123	12	salve	salve	NOUN
cblr-1213	1123	13	to	to	ADP
cblr-1213	1123	14	u.s	u.s	PROPN
cblr-1213	1123	15	.	.	PROPN
cblr-1213	1123	16	mutual	mutual	ADJ
cblr-1213	1123	17	fund	fund	NOUN
cblr-1213	1123	18	industry	industry	NOUN
cblr-1213	1123	19	concerns	concern	NOUN
cblr-1213	1123	20	.	.	PUNCT
cblr-1213	1124	1	european	european	ADJ
cblr-1213	1124	2	market	market	NOUN
cblr-1213	1124	3	timing	timing	NOUN
cblr-1213	1124	4	differences	difference	NOUN
cblr-1213	1124	5	aside	aside	ADV
cblr-1213	1124	6	,	,	PUNCT
cblr-1213	1124	7	it	it	PRON
cblr-1213	1124	8	is	be	AUX
cblr-1213	1124	9	evidence	evidence	NOUN
cblr-1213	1124	10	of	of	ADP
cblr-1213	1124	11	a	a	DET
cblr-1213	1124	12	workable	workable	ADJ
cblr-1213	1124	13	and	and	CCONJ
cblr-1213	1124	14	profitable	profitable	ADJ
cblr-1213	1124	15	system	system	NOUN
cblr-1213	1124	16	.	.	PUNCT
cblr-1213	1125	1	some	some	DET
cblr-1213	1125	2	u.s	u.s	PROPN
cblr-1213	1125	3	.	.	PROPN
cblr-1213	1125	4	funds	fund	NOUN
cblr-1213	1125	5	have	have	VERB
cblr-1213	1125	6	operations	operation	NOUN
cblr-1213	1125	7	in	in	ADP
cblr-1213	1125	8	europe	europe	PROPN
cblr-1213	1125	9	and	and	CCONJ
cblr-1213	1125	10	therefore	therefore	ADV
cblr-1213	1125	11	have	have	VERB
cblr-1213	1125	12	experience	experience	NOUN
cblr-1213	1125	13	with	with	ADP
cblr-1213	1125	14	these	these	DET
cblr-1213	1125	15	issues	issue	NOUN
cblr-1213	1125	16	.	.	PUNCT
cblr-1213	1126	1	the	the	DET
cblr-1213	1126	2	voluntary	voluntary	ADJ
cblr-1213	1126	3	nature	nature	NOUN
cblr-1213	1126	4	of	of	ADP
cblr-1213	1126	5	the	the	DET
cblr-1213	1126	6	sec	sec	PROPN
cblr-1213	1126	7	rules	rule	NOUN
cblr-1213	1126	8	and	and	CCONJ
cblr-1213	1126	9	the	the	DET
cblr-1213	1126	10	costs	cost	NOUN
cblr-1213	1126	11	associated	associate	VERB
cblr-1213	1126	12	with	with	ADP
cblr-1213	1126	13	operational	operational	ADJ
cblr-1213	1126	14	changes	change	NOUN
cblr-1213	1126	15	to	to	PART
cblr-1213	1126	16	accommodate	accommodate	VERB
cblr-1213	1126	17	swing	swing	NOUN
cblr-1213	1126	18	pricing	pricing	NOUN
cblr-1213	1126	19	practices	practice	NOUN
cblr-1213	1126	20	means	mean	VERB
cblr-1213	1126	21	that	that	SCONJ
cblr-1213	1126	22	large	large	ADJ
cblr-1213	1126	23	firms	firm	NOUN
cblr-1213	1126	24	will	will	AUX
cblr-1213	1126	25	be	be	AUX
cblr-1213	1126	26	the	the	DET
cblr-1213	1126	27	swing	swing	NOUN
cblr-1213	1126	28	pricing	pricing	NOUN
cblr-1213	1126	29	pioneers	pioneer	NOUN
cblr-1213	1126	30	.	.	PUNCT
cblr-1213	1127	1	large	large	ADJ
cblr-1213	1127	2	firms	firm	NOUN
cblr-1213	1127	3	will	will	AUX
cblr-1213	1127	4	lead	lead	VERB
cblr-1213	1127	5	the	the	DET
cblr-1213	1127	6	way	way	NOUN
cblr-1213	1127	7	,	,	PUNCT
cblr-1213	1127	8	and	and	CCONJ
cblr-1213	1127	9	enhanced	enhance	VERB
cblr-1213	1127	10	fund	fund	NOUN
cblr-1213	1127	11	performance	performance	NOUN
cblr-1213	1127	12	(	(	PUNCT
cblr-1213	1127	13	returns	return	NOUN
cblr-1213	1127	14	without	without	ADP
cblr-1213	1127	15	an	an	DET
cblr-1213	1127	16	offset	offset	NOUN
cblr-1213	1127	17	for	for	ADP
cblr-1213	1127	18	large	large	ADJ
cblr-1213	1127	19	transaction	transaction	NOUN
cblr-1213	1127	20	costs	cost	NOUN
cblr-1213	1127	21	)	)	PUNCT
cblr-1213	1127	22	should	should	AUX
cblr-1213	1127	23	lure	lure	VERB
cblr-1213	1127	24	in	in	ADP
cblr-1213	1127	25	others	other	NOUN
cblr-1213	1127	26	.	.	PUNCT
cblr-1213	1128	1	the	the	DET
cblr-1213	1128	2	sec	sec	PROPN
cblr-1213	1128	3	’s	’s	PART
cblr-1213	1128	4	voluntary	voluntary	ADJ
cblr-1213	1128	5	approach	approach	NOUN
cblr-1213	1128	6	appears	appear	VERB
cblr-1213	1128	7	calculated	calculate	VERB
cblr-1213	1128	8	to	to	PART
cblr-1213	1128	9	leverage	leverage	VERB
cblr-1213	1128	10	the	the	DET
cblr-1213	1128	11	best	good	ADJ
cblr-1213	1128	12	of	of	ADP
cblr-1213	1128	13	market	market	NOUN
cblr-1213	1128	14	influences	influence	NOUN
cblr-1213	1128	15	—	—	PUNCT
cblr-1213	1128	16	money	money	NOUN
cblr-1213	1128	17	incentives	incentive	NOUN
cblr-1213	1128	18	and	and	CCONJ
cblr-1213	1128	19	competition	competition	NOUN
cblr-1213	1128	20	—	—	PUNCT
cblr-1213	1128	21	to	to	PART
cblr-1213	1128	22	make	make	VERB
cblr-1213	1128	23	the	the	DET
cblr-1213	1128	24	necessary	necessary	ADJ
cblr-1213	1128	25	326	326	NUM
cblr-1213	1128	26	robert	robert	PROPN
cblr-1213	1128	27	c.	c.	PROPN
cblr-1213	1128	28	merton	merton	PROPN
cblr-1213	1128	29	,	,	PUNCT
cblr-1213	1128	30	the	the	DET
cblr-1213	1128	31	crisis	crisis	NOUN
cblr-1213	1128	32	in	in	ADP
cblr-1213	1128	33	retirement	retirement	NOUN
cblr-1213	1128	34	planning	planning	NOUN
cblr-1213	1128	35	,	,	PUNCT
cblr-1213	1128	36	harv	harv	PROPN
cblr-1213	1128	37	.	.	PUNCT
cblr-1213	1129	1	bus	bus	NOUN
cblr-1213	1129	2	.	.	PUNCT
cblr-1213	1130	1	rev	rev	PROPN
cblr-1213	1130	2	.	.	PROPN
cblr-1213	1130	3	,	,	PUNCT
cblr-1213	1130	4	july	july	PROPN
cblr-1213	1130	5	–	–	PUNCT
cblr-1213	1130	6	aug	aug	PROPN
cblr-1213	1130	7	.	.	PROPN
cblr-1213	1130	8	2014	2014	NUM
cblr-1213	1130	9	,	,	PUNCT
cblr-1213	1130	10	https://hbr.org/2014/07/the-crisis-in-retirement-planning	https://hbr.org/2014/07/the-crisis-in-retirement-planne	VERB
cblr-1213	1130	11	[	[	X
cblr-1213	1130	12	perma.cc/6gzs-wclq	perma.cc/6gzs-wclq	NOUN
cblr-1213	1130	13	]	]	PUNCT
cblr-1213	1130	14	.	.	PUNCT
cblr-1213	1131	1	robert	robert	PROPN
cblr-1213	1131	2	merton	merton	PROPN
cblr-1213	1131	3	’s	’s	PART
cblr-1213	1131	4	bio	bio	PROPN
cblr-1213	1131	5	describes	describe	VERB
cblr-1213	1131	6	him	he	PRON
cblr-1213	1131	7	as	as	ADP
cblr-1213	1131	8	a	a	DET
cblr-1213	1131	9	recipient	recipient	NOUN
cblr-1213	1131	10	of	of	ADP
cblr-1213	1131	11	the	the	DET
cblr-1213	1131	12	1997	1997	NUM
cblr-1213	1131	13	alfred	alfred	PROPN
cblr-1213	1131	14	nobel	nobel	PROPN
cblr-1213	1131	15	memorial	memorial	PROPN
cblr-1213	1131	16	prize	prize	PROPN
cblr-1213	1131	17	in	in	ADP
cblr-1213	1131	18	economic	economic	ADJ
cblr-1213	1131	19	sciences	science	NOUN
cblr-1213	1131	20	and	and	CCONJ
cblr-1213	1131	21	a	a	DET
cblr-1213	1131	22	school	school	NOUN
cblr-1213	1131	23	of	of	ADP
cblr-1213	1131	24	management	management	NOUN
cblr-1213	1131	25	distinguished	distinguished	ADJ
cblr-1213	1131	26	professor	professor	NOUN
cblr-1213	1131	27	of	of	ADP
cblr-1213	1131	28	finance	finance	NOUN
cblr-1213	1131	29	at	at	ADP
cblr-1213	1131	30	mit	mit	PROPN
cblr-1213	1131	31	sloan	sloan	PROPN
cblr-1213	1131	32	school	school	NOUN
cblr-1213	1131	33	of	of	ADP
cblr-1213	1131	34	management	management	NOUN
cblr-1213	1131	35	.	.	PUNCT
cblr-1213	1132	1	he	he	PRON
cblr-1213	1132	2	is	be	AUX
cblr-1213	1132	3	also	also	ADV
cblr-1213	1132	4	the	the	DET
cblr-1213	1132	5	resident	resident	ADJ
cblr-1213	1132	6	scientist	scientist	NOUN
cblr-1213	1132	7	at	at	ADP
cblr-1213	1132	8	dimensional	dimensional	ADJ
cblr-1213	1132	9	fund	fund	NOUN
cblr-1213	1132	10	advisors	advisor	NOUN
cblr-1213	1132	11	,	,	PUNCT
cblr-1213	1132	12	a	a	DET
cblr-1213	1132	13	texas	texas	NOUN
cblr-1213	1132	14	-	-	PUNCT
cblr-1213	1132	15	based	base	VERB
cblr-1213	1132	16	global	global	ADJ
cblr-1213	1132	17	asset	asset	NOUN
cblr-1213	1132	18	management	management	NOUN
cblr-1213	1132	19	firm	firm	NOUN
cblr-1213	1132	20	,	,	PUNCT
cblr-1213	1132	21	and	and	CCONJ
cblr-1213	1132	22	university	university	NOUN
cblr-1213	1132	23	professor	professor	NOUN
cblr-1213	1132	24	emeritus	emeritus	NOUN
cblr-1213	1132	25	at	at	ADP
cblr-1213	1132	26	harvard	harvard	PROPN
cblr-1213	1132	27	university	university	PROPN
cblr-1213	1132	28	.	.	PUNCT
cblr-1213	1133	1	tucker_vandentoorn_final	tucker_vandentoorn_final	DET
cblr-1213	1133	2	206	206	NUM
cblr-1213	1133	3	columbia	columbia	PROPN
cblr-1213	1133	4	business	business	NOUN
cblr-1213	1133	5	law	law	PROPN
cblr-1213	1133	6	review	review	NOUN
cblr-1213	1134	1	[	[	X
cblr-1213	1134	2	vol	vol	NOUN
cblr-1213	1134	3	.	.	NOUN
cblr-1213	1134	4	2018	2018	NUM
cblr-1213	1134	5	structural	structural	ADJ
cblr-1213	1134	6	changes	change	NOUN
cblr-1213	1134	7	to	to	ADP
cblr-1213	1134	8	timing	timing	NOUN
cblr-1213	1134	9	and	and	CCONJ
cblr-1213	1134	10	reporting	reporting	NOUN
cblr-1213	1134	11	practices	practice	NOUN
cblr-1213	1134	12	to	to	PART
cblr-1213	1134	13	facilitate	facilitate	VERB
cblr-1213	1134	14	swing	swing	NOUN
cblr-1213	1134	15	pricing	pricing	NOUN
cblr-1213	1134	16	.	.	PUNCT
cblr-1213	1135	1	another	another	DET
cblr-1213	1135	2	word	word	NOUN
cblr-1213	1135	3	about	about	ADP
cblr-1213	1135	4	operations	operation	NOUN
cblr-1213	1135	5	before	before	ADP
cblr-1213	1135	6	concluding	conclude	VERB
cblr-1213	1135	7	with	with	ADP
cblr-1213	1135	8	a	a	DET
cblr-1213	1135	9	focus	focus	NOUN
cblr-1213	1135	10	on	on	ADP
cblr-1213	1135	11	retirement	retirement	NOUN
cblr-1213	1135	12	investors	investor	NOUN
cblr-1213	1135	13	:	:	PUNCT
cblr-1213	1135	14	structural	structural	ADJ
cblr-1213	1135	15	impediments	impediment	NOUN
cblr-1213	1135	16	to	to	PART
cblr-1213	1135	17	swing	swing	VERB
cblr-1213	1135	18	pricing	pricing	NOUN
cblr-1213	1135	19	such	such	ADJ
cblr-1213	1135	20	as	as	ADP
cblr-1213	1135	21	incomplete	incomplete	ADJ
cblr-1213	1135	22	information	information	NOUN
cblr-1213	1135	23	,	,	PUNCT
cblr-1213	1135	24	trading	trading	NOUN
cblr-1213	1135	25	transactions	transaction	NOUN
cblr-1213	1135	26	bleeding	bleed	VERB
cblr-1213	1135	27	into	into	ADP
cblr-1213	1135	28	the	the	DET
cblr-1213	1135	29	evening	evening	NOUN
cblr-1213	1135	30	hours	hour	NOUN
cblr-1213	1135	31	,	,	PUNCT
cblr-1213	1135	32	and	and	CCONJ
cblr-1213	1135	33	the	the	DET
cblr-1213	1135	34	role	role	NOUN
cblr-1213	1135	35	of	of	ADP
cblr-1213	1135	36	intermediaries	intermediary	NOUN
cblr-1213	1135	37	reflect	reflect	VERB
cblr-1213	1135	38	an	an	DET
cblr-1213	1135	39	industry	industry	NOUN
cblr-1213	1135	40	that	that	PRON
cblr-1213	1135	41	has	have	AUX
cblr-1213	1135	42	outgrown	outgrow	VERB
cblr-1213	1135	43	its	its	PRON
cblr-1213	1135	44	original	original	ADJ
cblr-1213	1135	45	procedural	procedural	ADJ
cblr-1213	1135	46	capacity	capacity	NOUN
cblr-1213	1135	47	and	and	CCONJ
cblr-1213	1135	48	intent	intent	NOUN
cblr-1213	1135	49	.	.	PUNCT
cblr-1213	1136	1	swing	swing	NOUN
cblr-1213	1136	2	pricing	pricing	NOUN
cblr-1213	1136	3	has	have	AUX
cblr-1213	1136	4	not	not	PART
cblr-1213	1136	5	caused	cause	VERB
cblr-1213	1136	6	the	the	DET
cblr-1213	1136	7	procedural	procedural	ADJ
cblr-1213	1136	8	impediments	impediment	NOUN
cblr-1213	1136	9	highlighted	highlight	VERB
cblr-1213	1136	10	in	in	ADP
cblr-1213	1136	11	this	this	DET
cblr-1213	1136	12	article	article	NOUN
cblr-1213	1136	13	;	;	PUNCT
cblr-1213	1136	14	rather	rather	ADV
cblr-1213	1136	15	the	the	DET
cblr-1213	1136	16	new	new	ADJ
cblr-1213	1136	17	practice	practice	NOUN
cblr-1213	1136	18	merely	merely	ADV
cblr-1213	1136	19	highlights	highlight	VERB
cblr-1213	1136	20	these	these	DET
cblr-1213	1136	21	existing	exist	VERB
cblr-1213	1136	22	ailments	ailment	NOUN
cblr-1213	1136	23	.	.	PUNCT
cblr-1213	1137	1	swing	swing	NOUN
cblr-1213	1137	2	pricing	pricing	NOUN
cblr-1213	1137	3	illustrates	illustrate	VERB
cblr-1213	1137	4	the	the	DET
cblr-1213	1137	5	ad	ad	X
cblr-1213	1137	6	hoc	hoc	X
cblr-1213	1137	7	and	and	CCONJ
cblr-1213	1137	8	piecemeal	piecemeal	ADJ
cblr-1213	1137	9	development	development	NOUN
cblr-1213	1137	10	of	of	ADP
cblr-1213	1137	11	industry	industry	NOUN
cblr-1213	1137	12	practices	practice	NOUN
cblr-1213	1137	13	and	and	CCONJ
cblr-1213	1137	14	procedures	procedure	NOUN
cblr-1213	1137	15	needed	need	VERB
cblr-1213	1137	16	to	to	PART
cblr-1213	1137	17	accommodate	accommodate	VERB
cblr-1213	1137	18	rapid	rapid	ADJ
cblr-1213	1137	19	growth	growth	NOUN
cblr-1213	1137	20	and	and	CCONJ
cblr-1213	1137	21	fundamental	fundamental	ADJ
cblr-1213	1137	22	changes	change	NOUN
cblr-1213	1137	23	to	to	ADP
cblr-1213	1137	24	the	the	DET
cblr-1213	1137	25	investor	investor	NOUN
cblr-1213	1137	26	landscape	landscape	NOUN
cblr-1213	1137	27	from	from	ADP
cblr-1213	1137	28	individual	individual	ADJ
cblr-1213	1137	29	investors	investor	NOUN
cblr-1213	1137	30	to	to	PART
cblr-1213	1137	31	retirement	retirement	VERB
cblr-1213	1137	32	investors	investor	NOUN
cblr-1213	1137	33	through	through	ADP
cblr-1213	1137	34	qualified	qualified	ADJ
cblr-1213	1137	35	plans	plan	NOUN
cblr-1213	1137	36	.	.	PUNCT
cblr-1213	1138	1	operational	operational	ADJ
cblr-1213	1138	2	changes	change	NOUN
cblr-1213	1138	3	to	to	PART
cblr-1213	1138	4	accommodate	accommodate	VERB
cblr-1213	1138	5	swing	swing	NOUN
cblr-1213	1138	6	pricing	pricing	NOUN
cblr-1213	1138	7	may	may	AUX
cblr-1213	1138	8	better	well	ADV
cblr-1213	1138	9	reflect	reflect	VERB
cblr-1213	1138	10	the	the	DET
cblr-1213	1138	11	size	size	NOUN
cblr-1213	1138	12	and	and	CCONJ
cblr-1213	1138	13	investor	investor	NOUN
cblr-1213	1138	14	makeup	makeup	NOUN
cblr-1213	1138	15	of	of	ADP
cblr-1213	1138	16	the	the	DET
cblr-1213	1138	17	mutual	mutual	ADJ
cblr-1213	1138	18	fund	fund	NOUN
cblr-1213	1138	19	industry	industry	NOUN
cblr-1213	1138	20	.	.	PUNCT
cblr-1213	1139	1	perhaps	perhaps	ADV
cblr-1213	1139	2	the	the	DET
cblr-1213	1139	3	resulting	result	VERB
cblr-1213	1139	4	procedural	procedural	ADJ
cblr-1213	1139	5	changes	change	NOUN
cblr-1213	1139	6	will	will	AUX
cblr-1213	1139	7	be	be	AUX
cblr-1213	1139	8	an	an	DET
cblr-1213	1139	9	improvement	improvement	NOUN
cblr-1213	1139	10	for	for	ADP
cblr-1213	1139	11	mutual	mutual	ADJ
cblr-1213	1139	12	funds	fund	NOUN
cblr-1213	1139	13	resulting	result	VERB
cblr-1213	1139	14	in	in	ADP
cblr-1213	1139	15	practices	practice	NOUN
cblr-1213	1139	16	better	well	ADV
cblr-1213	1139	17	tailored	tailor	VERB
cblr-1213	1139	18	to	to	PART
cblr-1213	1139	19	serve	serve	VERB
cblr-1213	1139	20	the	the	DET
cblr-1213	1139	21	current	current	ADJ
cblr-1213	1139	22	reality	reality	NOUN
cblr-1213	1139	23	of	of	ADP
cblr-1213	1139	24	who	who	PRON
cblr-1213	1139	25	invests	invest	VERB
cblr-1213	1139	26	in	in	ADP
cblr-1213	1139	27	mutual	mutual	ADJ
cblr-1213	1139	28	funds	fund	NOUN
cblr-1213	1139	29	and	and	CCONJ
cblr-1213	1139	30	how	how	SCONJ
cblr-1213	1139	31	they	they	PRON
cblr-1213	1139	32	enter	enter	VERB
cblr-1213	1139	33	the	the	DET
cblr-1213	1139	34	markets	market	NOUN
cblr-1213	1139	35	.	.	PUNCT
cblr-1213	1140	1	private	private	ADJ
cblr-1213	1140	2	blockchains	blockchain	NOUN
cblr-1213	1140	3	between	between	ADP
cblr-1213	1140	4	transacting	transact	VERB
cblr-1213	1140	5	institutions	institution	NOUN
cblr-1213	1140	6	offer	offer	VERB
cblr-1213	1140	7	a	a	DET
cblr-1213	1140	8	promising	promising	ADJ
cblr-1213	1140	9	solution	solution	NOUN
cblr-1213	1140	10	for	for	ADP
cblr-1213	1140	11	the	the	DET
cblr-1213	1140	12	timing	timing	NOUN
cblr-1213	1140	13	and	and	CCONJ
cblr-1213	1140	14	liability	liability	NOUN
cblr-1213	1140	15	hurdles	hurdle	NOUN
cblr-1213	1140	16	we	we	PRON
cblr-1213	1140	17	carefully	carefully	ADV
cblr-1213	1140	18	explored	explore	VERB
cblr-1213	1140	19	above	above	ADV
cblr-1213	1140	20	.	.	PUNCT
cblr-1213	1141	1	perhaps	perhaps	ADV
cblr-1213	1141	2	even	even	ADV
cblr-1213	1141	3	more	more	ADV
cblr-1213	1141	4	exciting	exciting	ADJ
cblr-1213	1141	5	for	for	ADP
cblr-1213	1141	6	those	those	PRON
cblr-1213	1141	7	with	with	ADP
cblr-1213	1141	8	an	an	DET
cblr-1213	1141	9	eye	eye	NOUN
cblr-1213	1141	10	out	out	ADP
cblr-1213	1141	11	for	for	ADP
cblr-1213	1141	12	retirement	retirement	NOUN
cblr-1213	1141	13	investors	investor	NOUN
cblr-1213	1141	14	is	be	AUX
cblr-1213	1141	15	the	the	DET
cblr-1213	1141	16	potential	potential	ADJ
cblr-1213	1141	17	cost	cost	NOUN
cblr-1213	1141	18	savings	saving	NOUN
cblr-1213	1141	19	from	from	ADP
cblr-1213	1141	20	operational	operational	ADJ
cblr-1213	1141	21	reduction	reduction	NOUN
cblr-1213	1141	22	in	in	ADP
cblr-1213	1141	23	mutual	mutual	ADJ
cblr-1213	1141	24	fund	fund	NOUN
cblr-1213	1141	25	transactions	transaction	NOUN
cblr-1213	1141	26	promised	promise	VERB
cblr-1213	1141	27	by	by	ADP
cblr-1213	1141	28	blockchain	blockchain	PROPN
cblr-1213	1141	29	technology	technology	PROPN
cblr-1213	1141	30	.	.	PUNCT
cblr-1213	1142	1	finally	finally	ADV
cblr-1213	1142	2	,	,	PUNCT
cblr-1213	1142	3	a	a	DET
cblr-1213	1142	4	last	last	ADJ
cblr-1213	1142	5	word	word	NOUN
cblr-1213	1142	6	about	about	ADP
cblr-1213	1142	7	retirement	retirement	NOUN
cblr-1213	1142	8	investors	investor	NOUN
cblr-1213	1142	9	.	.	PUNCT
cblr-1213	1143	1	retirement	retirement	NOUN
cblr-1213	1143	2	policy	policy	NOUN
cblr-1213	1143	3	,	,	PUNCT
cblr-1213	1143	4	tax	tax	NOUN
cblr-1213	1143	5	incentives	incentive	NOUN
cblr-1213	1143	6	,	,	PUNCT
cblr-1213	1143	7	and	and	CCONJ
cblr-1213	1143	8	defined	define	VERB
cblr-1213	1143	9	contribution	contribution	NOUN
cblr-1213	1143	10	plan	plan	NOUN
cblr-1213	1143	11	attributes	attribute	VERB
cblr-1213	1143	12	funnel	funnel	NOUN
cblr-1213	1143	13	retirement	retirement	NOUN
cblr-1213	1143	14	investors	investor	NOUN
cblr-1213	1143	15	to	to	ADP
cblr-1213	1143	16	mutual	mutual	ADJ
cblr-1213	1143	17	funds	fund	NOUN
cblr-1213	1143	18	and	and	CCONJ
cblr-1213	1143	19	make	make	VERB
cblr-1213	1143	20	it	it	PRON
cblr-1213	1143	21	difficult	difficult	ADJ
cblr-1213	1143	22	for	for	SCONJ
cblr-1213	1143	23	them	they	PRON
cblr-1213	1143	24	to	to	PART
cblr-1213	1143	25	leave	leave	VERB
cblr-1213	1143	26	.	.	PUNCT
cblr-1213	1144	1	a	a	DET
cblr-1213	1144	2	market	market	NOUN
cblr-1213	1144	3	design	design	NOUN
cblr-1213	1144	4	that	that	PRON
cblr-1213	1144	5	dilutes	dilute	VERB
cblr-1213	1144	6	sedentary	sedentary	ADJ
cblr-1213	1144	7	shareholder	shareholder	NOUN
cblr-1213	1144	8	assets	asset	NOUN
cblr-1213	1144	9	due	due	ADJ
cblr-1213	1144	10	to	to	ADP
cblr-1213	1144	11	unallocated	unallocated	ADJ
cblr-1213	1144	12	transaction	transaction	NOUN
cblr-1213	1144	13	costs	cost	NOUN
cblr-1213	1144	14	generated	generate	VERB
cblr-1213	1144	15	by	by	ADP
cblr-1213	1144	16	large	large	ADJ
cblr-1213	1144	17	trades	trade	NOUN
cblr-1213	1144	18	(	(	PUNCT
cblr-1213	1144	19	and	and	CCONJ
cblr-1213	1144	20	presumably	presumably	ADV
cblr-1213	1144	21	large	large	ADJ
cblr-1213	1144	22	shareholders	shareholder	NOUN
cblr-1213	1144	23	)	)	PUNCT
cblr-1213	1144	24	erodes	erode	VERB
cblr-1213	1144	25	that	that	DET
cblr-1213	1144	26	trust	trust	NOUN
cblr-1213	1144	27	,	,	PUNCT
cblr-1213	1144	28	jeopardizes	jeopardize	VERB
cblr-1213	1144	29	individual	individual	ADJ
cblr-1213	1144	30	financial	financial	ADJ
cblr-1213	1144	31	stability	stability	NOUN
cblr-1213	1144	32	,	,	PUNCT
cblr-1213	1144	33	and	and	CCONJ
cblr-1213	1144	34	,	,	PUNCT
cblr-1213	1144	35	to	to	PART
cblr-1213	1144	36	be	be	AUX
cblr-1213	1144	37	unacademic	unacademic	ADJ
cblr-1213	1144	38	,	,	PUNCT
cblr-1213	1144	39	is	be	AUX
cblr-1213	1144	40	unfair	unfair	ADJ
cblr-1213	1144	41	.	.	PUNCT
cblr-1213	1145	1	on	on	ADP
cblr-1213	1145	2	this	this	PRON
cblr-1213	1145	3	we	we	PRON
cblr-1213	1145	4	can	can	AUX
cblr-1213	1145	5	agree	agree	VERB
cblr-1213	1145	6	the	the	DET
cblr-1213	1145	7	sec	sec	PROPN
cblr-1213	1145	8	’s	’s	PART
cblr-1213	1145	9	swing	swing	NOUN
cblr-1213	1145	10	pricing	pricing	NOUN
cblr-1213	1145	11	rules	rule	NOUN
cblr-1213	1145	12	present	present	VERB
cblr-1213	1145	13	a	a	DET
cblr-1213	1145	14	half	half	NOUN
cblr-1213	1145	15	solution	solution	NOUN
cblr-1213	1145	16	to	to	ADP
cblr-1213	1145	17	shareholder	shareholder	NOUN
cblr-1213	1145	18	dilution	dilution	NOUN
cblr-1213	1145	19	and	and	CCONJ
cblr-1213	1145	20	create	create	VERB
cblr-1213	1145	21	more	more	ADJ
cblr-1213	1145	22	implementation	implementation	NOUN
cblr-1213	1145	23	problems	problem	NOUN
cblr-1213	1145	24	than	than	SCONJ
cblr-1213	1145	25	the	the	DET
cblr-1213	1145	26	rules	rule	NOUN
cblr-1213	1145	27	solve	solve	VERB
cblr-1213	1145	28	.	.	PUNCT
cblr-1213	1146	1	funds	fund	NOUN
cblr-1213	1146	2	must	must	AUX
cblr-1213	1146	3	volunteer	volunteer	VERB
cblr-1213	1146	4	to	to	PART
cblr-1213	1146	5	assume	assume	VERB
cblr-1213	1146	6	tucker_vandentoorn_final	tucker_vandentoorn_final	ADJ
cblr-1213	1146	7	no	no	NOUN
cblr-1213	1146	8	.	.	PUNCT
cblr-1213	1147	1	1:130	1:130	NUM
cblr-1213	1147	2	]	]	X
cblr-1213	1147	3	will	will	AUX
cblr-1213	1147	4	swing	swing	VERB
cblr-1213	1147	5	pricing	pricing	NOUN
cblr-1213	1147	6	save	save	VERB
cblr-1213	1147	7	sedentary	sedentary	ADJ
cblr-1213	1147	8	shareholders	shareholder	NOUN
cblr-1213	1147	9	?	?	PUNCT
cblr-1213	1148	1	207	207	NUM
cblr-1213	1148	2	the	the	DET
cblr-1213	1148	3	regulatory	regulatory	ADJ
cblr-1213	1148	4	and	and	CCONJ
cblr-1213	1148	5	operational	operational	ADJ
cblr-1213	1148	6	challenges	challenge	NOUN
cblr-1213	1148	7	presented	present	VERB
cblr-1213	1148	8	by	by	ADP
cblr-1213	1148	9	the	the	DET
cblr-1213	1148	10	rules	rule	NOUN
cblr-1213	1148	11	.	.	PUNCT
cblr-1213	1149	1	perhaps	perhaps	ADV
cblr-1213	1149	2	this	this	PRON
cblr-1213	1149	3	is	be	AUX
cblr-1213	1149	4	by	by	ADP
cblr-1213	1149	5	design	design	NOUN
cblr-1213	1149	6	.	.	PUNCT
cblr-1213	1150	1	a	a	DET
cblr-1213	1150	2	partial	partial	ADJ
cblr-1213	1150	3	administrative	administrative	ADJ
cblr-1213	1150	4	approach	approach	NOUN
cblr-1213	1150	5	requires	require	VERB
cblr-1213	1150	6	a	a	DET
cblr-1213	1150	7	market	market	NOUN
cblr-1213	1150	8	-	-	PUNCT
cblr-1213	1150	9	led	lead	VERB
cblr-1213	1150	10	solution	solution	NOUN
cblr-1213	1150	11	born	bear	VERB
cblr-1213	1150	12	of	of	ADP
cblr-1213	1150	13	mutual	mutual	ADJ
cblr-1213	1150	14	fund	fund	NOUN
cblr-1213	1150	15	industry	industry	NOUN
cblr-1213	1150	16	and	and	CCONJ
cblr-1213	1150	17	intermediary	intermediary	ADJ
cblr-1213	1150	18	participation	participation	NOUN
cblr-1213	1150	19	and	and	CCONJ
cblr-1213	1150	20	buy	buy	VERB
cblr-1213	1150	21	in	in	ADP
cblr-1213	1150	22	.	.	PUNCT
cblr-1213	1151	1	for	for	ADP
cblr-1213	1151	2	an	an	DET
cblr-1213	1151	3	industry	industry	NOUN
cblr-1213	1151	4	symbolized	symbolize	VERB
cblr-1213	1151	5	by	by	ADP
cblr-1213	1151	6	a	a	DET
cblr-1213	1151	7	bull327	bull327	PROPN
cblr-1213	1151	8	and	and	CCONJ
cblr-1213	1151	9	which	which	PRON
cblr-1213	1151	10	has	have	AUX
cblr-1213	1151	11	brought	bring	VERB
cblr-1213	1151	12	financial	financial	ADJ
cblr-1213	1151	13	innovation	innovation	NOUN
cblr-1213	1151	14	and	and	CCONJ
cblr-1213	1151	15	savings	saving	NOUN
cblr-1213	1151	16	capacity	capacity	NOUN
cblr-1213	1151	17	to	to	ADP
cblr-1213	1151	18	the	the	DET
cblr-1213	1151	19	masses	masse	NOUN
cblr-1213	1151	20	,	,	PUNCT
cblr-1213	1151	21	swing	swing	NOUN
cblr-1213	1151	22	pricing	pricing	NOUN
cblr-1213	1151	23	obstacles	obstacle	NOUN
cblr-1213	1151	24	are	be	AUX
cblr-1213	1151	25	not	not	PART
cblr-1213	1151	26	insurmountable	insurmountable	ADJ
cblr-1213	1151	27	.	.	PUNCT
cblr-1213	1152	1	mutual	mutual	ADJ
cblr-1213	1152	2	funds	fund	NOUN
cblr-1213	1152	3	have	have	VERB
cblr-1213	1152	4	powerful	powerful	ADJ
cblr-1213	1152	5	incentives	incentive	NOUN
cblr-1213	1152	6	—	—	PUNCT
cblr-1213	1152	7	financial	financial	ADJ
cblr-1213	1152	8	gain	gain	NOUN
cblr-1213	1152	9	and	and	CCONJ
cblr-1213	1152	10	competition	competition	NOUN
cblr-1213	1152	11	with	with	ADP
cblr-1213	1152	12	other	other	ADJ
cblr-1213	1152	13	funds	fund	NOUN
cblr-1213	1152	14	—	—	PUNCT
cblr-1213	1152	15	to	to	PART
cblr-1213	1152	16	confront	confront	VERB
cblr-1213	1152	17	the	the	DET
cblr-1213	1152	18	challenges	challenge	NOUN
cblr-1213	1152	19	ahead	ahead	ADV
cblr-1213	1152	20	.	.	PUNCT
cblr-1213	1153	1	with	with	ADP
cblr-1213	1153	2	the	the	DET
cblr-1213	1153	3	advent	advent	NOUN
cblr-1213	1153	4	of	of	ADP
cblr-1213	1153	5	blockchain	blockchain	PROPN
cblr-1213	1153	6	technology	technology	PROPN
cblr-1213	1153	7	,	,	PUNCT
cblr-1213	1153	8	mutual	mutual	ADJ
cblr-1213	1153	9	funds	fund	NOUN
cblr-1213	1153	10	now	now	ADV
cblr-1213	1153	11	have	have	VERB
cblr-1213	1153	12	powerful	powerful	ADJ
cblr-1213	1153	13	tools	tool	NOUN
cblr-1213	1153	14	to	to	PART
cblr-1213	1153	15	overcome	overcome	VERB
cblr-1213	1153	16	operational	operational	ADJ
cblr-1213	1153	17	challenges	challenge	NOUN
cblr-1213	1153	18	and	and	CCONJ
cblr-1213	1153	19	modernize	modernize	VERB
cblr-1213	1153	20	transactions	transaction	NOUN
cblr-1213	1153	21	practices	practice	NOUN
cblr-1213	1153	22	,	,	PUNCT
cblr-1213	1153	23	regardless	regardless	ADV
cblr-1213	1153	24	of	of	ADP
cblr-1213	1153	25	whether	whether	SCONJ
cblr-1213	1153	26	funds	fund	NOUN
cblr-1213	1153	27	implement	implement	VERB
cblr-1213	1153	28	swing	swing	NOUN
cblr-1213	1153	29	pricing	pricing	NOUN
cblr-1213	1153	30	.	.	PUNCT
cblr-1213	1154	1	327	327	NUM
cblr-1213	1154	2	for	for	ADP
cblr-1213	1154	3	a	a	DET
cblr-1213	1154	4	discussion	discussion	NOUN
cblr-1213	1154	5	of	of	ADP
cblr-1213	1154	6	the	the	DET
cblr-1213	1154	7	wall	wall	PROPN
cblr-1213	1154	8	street	street	PROPN
cblr-1213	1154	9	bull	bull	PROPN
cblr-1213	1154	10	,	,	PUNCT
cblr-1213	1154	11	or	or	CCONJ
cblr-1213	1154	12	charging	charge	VERB
cblr-1213	1154	13	bull	bull	NOUN
cblr-1213	1154	14	,	,	PUNCT
cblr-1213	1154	15	see	see	VERB
cblr-1213	1154	16	charging	charge	VERB
cblr-1213	1154	17	bull	bull	NOUN
cblr-1213	1154	18	,	,	PUNCT
cblr-1213	1154	19	http://chargingbull.com/chargingbull.html	http://chargingbull.com/chargingbull.html	PUNCT
cblr-1213	1154	20	[	[	X
cblr-1213	1154	21	perma.cc/g8llp7bm	perma.cc/g8llp7bm	X
cblr-1213	1154	22	]	]	X
cblr-1213	1154	23	.	.	PUNCT
cblr-1213	1155	1	tucker_vandentoorn_final	tucker_vandentoorn_final	PRON
cblr-1213	1155	2	208	208	NUM
cblr-1213	1155	3	columbia	columbia	PROPN
cblr-1213	1155	4	business	business	NOUN
cblr-1213	1155	5	law	law	NOUN
cblr-1213	1155	6	review	review	NOUN
cblr-1213	1155	7	[	[	X
cblr-1213	1155	8	vol	vol	NOUN
cblr-1213	1155	9	.	.	PUNCT
cblr-1213	1155	10	2018	2018	NUM
cblr-1213	1155	11	appendix	appendix	VERB
cblr-1213	1155	12	federal	federal	ADJ
cblr-1213	1155	13	legislation	legislation	NOUN
cblr-1213	1155	14	&	&	CCONJ
cblr-1213	1155	15	agency	agency	NOUN
cblr-1213	1155	16	rules	rule	NOUN
cblr-1213	1155	17	referenced	reference	VERB
cblr-1213	1155	18	in	in	ADP
cblr-1213	1155	19	article	article	NOUN
cblr-1213	1155	20	federal	federal	ADJ
cblr-1213	1155	21	legislation	legislation	NOUN
cblr-1213	1155	22	the	the	DET
cblr-1213	1155	23	1933	1933	NUM
cblr-1213	1155	24	securities	security	NOUN
cblr-1213	1155	25	act	act	PROPN
cblr-1213	1155	26	,	,	PUNCT
cblr-1213	1155	27	15	15	NUM
cblr-1213	1155	28	u.s.c.a	u.s.c.a	PROPN
cblr-1213	1155	29	.	.	PUNCT
cblr-1213	1156	1	§	§	PROPN
cblr-1213	1156	2	77a	77a	NOUN
cblr-1213	1156	3	the	the	DET
cblr-1213	1156	4	1934	1934	NUM
cblr-1213	1156	5	securities	securities	PROPN
cblr-1213	1156	6	exchange	exchange	PROPN
cblr-1213	1156	7	act	act	PROPN
cblr-1213	1156	8	,	,	PUNCT
cblr-1213	1156	9	15	15	NUM
cblr-1213	1156	10	u.s.c.a	u.s.c.a	PROPN
cblr-1213	1156	11	.	.	PROPN
cblr-1213	1157	1	§	§	PROPN
cblr-1213	1157	2	78a	78a	PROPN
cblr-1213	1157	3	the	the	DET
cblr-1213	1157	4	investment	investment	NOUN
cblr-1213	1157	5	company	company	NOUN
cblr-1213	1157	6	act	act	NOUN
cblr-1213	1157	7	of	of	ADP
cblr-1213	1157	8	1940	1940	NUM
cblr-1213	1157	9	,	,	PUNCT
cblr-1213	1157	10	15	15	NUM
cblr-1213	1157	11	u.s.c.a	u.s.c.a	PROPN
cblr-1213	1157	12	.	.	PUNCT
cblr-1213	1158	1	§	§	PROPN
cblr-1213	1158	2	80a-51	80a-51	PROPN
cblr-1213	1158	3	see	see	VERB
cblr-1213	1158	4	§	§	PROPN
cblr-1213	1158	5	80a-2	80a-2	NUM
cblr-1213	1158	6	for	for	ADP
cblr-1213	1158	7	a	a	DET
cblr-1213	1158	8	definition	definition	NOUN
cblr-1213	1158	9	of	of	ADP
cblr-1213	1158	10	“	"	PUNCT
cblr-1213	1158	11	value	value	NOUN
cblr-1213	1158	12	”	"	PUNCT
cblr-1213	1158	13	of	of	ADP
cblr-1213	1158	14	securities	security	NOUN
cblr-1213	1158	15	see	see	VERB
cblr-1213	1158	16	§	§	PROPN
cblr-1213	1158	17	80a-16	80a-16	NUM
cblr-1213	1158	18	for	for	ADP
cblr-1213	1158	19	discussion	discussion	NOUN
cblr-1213	1158	20	of	of	ADP
cblr-1213	1158	21	board	board	NOUN
cblr-1213	1158	22	of	of	ADP
cblr-1213	1158	23	directors	director	NOUN
cblr-1213	1158	24	’	’	PART
cblr-1213	1158	25	election	election	NOUN
cblr-1213	1158	26	&	&	CCONJ
cblr-1213	1158	27	duties	duty	NOUN
cblr-1213	1158	28	the	the	DET
cblr-1213	1158	29	investment	investment	NOUN
cblr-1213	1158	30	advisers	adviser	NOUN
cblr-1213	1158	31	act	act	VERB
cblr-1213	1158	32	of	of	ADP
cblr-1213	1158	33	1940	1940	NUM
cblr-1213	1158	34	,	,	PUNCT
cblr-1213	1158	35	15	15	NUM
cblr-1213	1158	36	u.s.c.a	u.s.c.a	PROPN
cblr-1213	1158	37	.	.	PUNCT
cblr-1213	1159	1	§	§	PROPN
cblr-1213	1159	2	80b-20	80b-20	NUM
cblr-1213	1159	3	sec	sec	PROPN
cblr-1213	1159	4	rules	rule	NOUN
cblr-1213	1159	5	mutual	mutual	ADJ
cblr-1213	1159	6	fund	fund	NOUN
cblr-1213	1159	7	governance	governance	NOUN
cblr-1213	1159	8	,	,	PUNCT
cblr-1213	1159	9	17	17	NUM
cblr-1213	1159	10	c.f.r	c.f.r	NOUN
cblr-1213	1159	11	.	.	PUNCT
cblr-1213	1160	1	§	§	PROPN
cblr-1213	1160	2	270.0	270.0	NUM
cblr-1213	1160	3	-	-	SYM
cblr-1213	1160	4	1	1	NUM
cblr-1213	1160	5	net	net	ADJ
cblr-1213	1160	6	asset	asset	NOUN
cblr-1213	1160	7	value	value	NOUN
cblr-1213	1160	8	calculations	calculation	NOUN
cblr-1213	1160	9	,	,	PUNCT
cblr-1213	1160	10	17	17	NUM
cblr-1213	1160	11	c.f.r	c.f.r	NOUN
cblr-1213	1160	12	.	.	PUNCT
cblr-1213	1161	1	§	§	PROPN
cblr-1213	1161	2	270.2a-4	270.2a-4	PROPN
cblr-1213	1161	3	,	,	PUNCT
cblr-1213	1161	4	2a-7	2a-7	PROPN
cblr-1213	1161	5	,	,	PUNCT
cblr-1213	1161	6	18f-3d	18f-3d	NUM
cblr-1213	1161	7	money	money	NOUN
cblr-1213	1161	8	market	market	NOUN
cblr-1213	1161	9	funds	fund	NOUN
cblr-1213	1161	10	,	,	PUNCT
cblr-1213	1161	11	17	17	NUM
cblr-1213	1161	12	c.f.r	c.f.r	NOUN
cblr-1213	1161	13	.	.	PUNCT
cblr-1213	1162	1	§	§	PROPN
cblr-1213	1162	2	270.2a-7	270.2a-7	PROPN
cblr-1213	1162	3	pricing	pricing	NOUN
cblr-1213	1162	4	and	and	CCONJ
cblr-1213	1162	5	redeeming	redeem	VERB
cblr-1213	1162	6	shares	share	NOUN
cblr-1213	1162	7	board	board	NOUN
cblr-1213	1162	8	of	of	ADP
cblr-1213	1162	9	directors	director	NOUN
cblr-1213	1162	10	written	write	VERB
cblr-1213	1162	11	procedures	procedure	NOUN
cblr-1213	1162	12	reporting	report	VERB
cblr-1213	1162	13	obligations	obligation	NOUN
cblr-1213	1162	14	,	,	PUNCT
cblr-1213	1162	15	17	17	NUM
cblr-1213	1162	16	c.f.r	c.f.r	NOUN
cblr-1213	1162	17	.	.	PUNCT
cblr-1213	1163	1	§	§	PROPN
cblr-1213	1163	2	270.8b-5	270.8b-5	NUM
cblr-1213	1163	3	rule	rule	NOUN
cblr-1213	1163	4	22	22	NUM
cblr-1213	1163	5	pricing	pricing	NOUN
cblr-1213	1163	6	regulations	regulation	NOUN
cblr-1213	1163	7	,	,	PUNCT
cblr-1213	1163	8	17	17	NUM
cblr-1213	1163	9	c.f.r	c.f.r	NOUN
cblr-1213	1163	10	.	.	PUNCT
cblr-1213	1164	1	§	§	PROPN
cblr-1213	1164	2	270.22c	270.22c	NUM
cblr-1213	1164	3	market	market	NOUN
cblr-1213	1164	4	timing	timing	NOUN
cblr-1213	1164	5	,	,	PUNCT
cblr-1213	1164	6	17	17	NUM
cblr-1213	1164	7	c.f.r	c.f.r	NOUN
cblr-1213	1164	8	.	.	PUNCT
cblr-1213	1165	1	§	§	PROPN
cblr-1213	1165	2	270.22c-2	270.22c-2	NOUN
cblr-1213	1165	3	swing	swing	NOUN
cblr-1213	1165	4	pricing	pricing	NOUN
cblr-1213	1165	5	,	,	PUNCT
cblr-1213	1165	6	17	17	NUM
cblr-1213	1165	7	c.f.r	c.f.r	NOUN
cblr-1213	1165	8	.	.	PUNCT
cblr-1213	1166	1	§	§	PROPN
cblr-1213	1166	2	270.22c-1	270.22c-1	NUM
cblr-1213	1166	3	liquidity	liquidity	NOUN
cblr-1213	1166	4	risk	risk	NOUN
cblr-1213	1166	5	management	management	NOUN
cblr-1213	1166	6	programs	program	NOUN
cblr-1213	1166	7	,	,	PUNCT
cblr-1213	1166	8	17	17	NUM
cblr-1213	1166	9	c.f.r	c.f.r	NOUN
cblr-1213	1166	10	.	.	PUNCT
cblr-1213	1167	1	§	§	PROPN
cblr-1213	1167	2	270.22e–4	270.22e–4	NUM
cblr-1213	1167	3	compliance	compliance	NOUN
cblr-1213	1167	4	procedures	procedure	NOUN
cblr-1213	1167	5	&	&	CCONJ
cblr-1213	1167	6	fund	fund	PROPN
cblr-1213	1167	7	board	board	PROPN
cblr-1213	1167	8	of	of	ADP
cblr-1213	1167	9	directors	director	NOUN
cblr-1213	1167	10	,	,	PUNCT
cblr-1213	1167	11	17	17	NUM
cblr-1213	1167	12	c.f.r	c.f.r	NOUN
cblr-1213	1167	13	.	.	PUNCT
cblr-1213	1168	1	§	§	PROPN
cblr-1213	1168	2	270.38a-1	270.38a-1	NUM
cblr-1213	1168	3	other	other	ADJ
cblr-1213	1168	4	agency	agency	NOUN
cblr-1213	1168	5	rules	rule	VERB
cblr-1213	1168	6	irs	irs	PROPN
cblr-1213	1168	7	required	require	VERB
cblr-1213	1168	8	distributions	distribution	NOUN
cblr-1213	1168	9	26	26	NUM
cblr-1213	1168	10	§	§	PROPN
cblr-1213	1168	11	c.f.r	c.f.r	NOUN
cblr-1213	1168	12	.	.	PUNCT
cblr-1213	1169	1	1.401(a)(9)-1	1.401(a)(9)-1	PROPN
cblr-1213	1169	2	dol	dol	PROPN
cblr-1213	1169	3	fiduciary	fiduciary	ADJ
cblr-1213	1169	4	duty	duty	NOUN
cblr-1213	1169	5	,	,	PUNCT
cblr-1213	1169	6	29	29	NUM
cblr-1213	1169	7	§	§	PROPN
cblr-1213	1169	8	c.f.r	c.f.r	NOUN
cblr-1213	1169	9	.	.	PUNCT
cblr-1213	1170	1	2510.3	2510.3	NUM
cblr-1213	1170	2	-	-	SYM
cblr-1213	1170	3	1	1	NUM
cblr-1213	1170	4	ole_link6	ole_link6	NUM
cblr-1213	1170	5	ole_link5	ole_link5	NOUN
cblr-1213	1170	6	ole_link4	ole_link4	VERB
cblr-1213	1170	7	ole_link3	ole_link3	PROPN
cblr-1213	1170	8	ole_link9	ole_link9	PROPN
cblr-1213	1171	1	ole_link10	ole_link10	PROPN