Potential Conflicts of Interest in Mutual Funds

Hillman, Richard J.
February 2004
Consumers' Research Magazine;Feb2004, Vol. 87 Issue 2, p26
Discusses the 12b-1 rule adopted by the U.S. Securities and Exchange Commission under the Investment Company Act that allows financial professionals to use mutual fund assets to pay for their services. Advantages of the rule for mutual fund companies; Conflict of interest concerns over the application of revenue sharing, a mutual-fund distribution practice; Impact of soft-dollar arrangements on fund investment advisers.


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