Regulators Taking Aim at 12b-1 Fees

Curtis, Carol E.
February 2008
Securities Industry News;2/25/2008, Vol. 20 Issue 8, p1
Trade Publication
The article reports possible changes to Rule 12b-1, the governing rule concerning mutual fund marketing fees in the U.S. According to U.S. Securities and Exchange (SEC) Chairman Christopher Cox, a rule proposal developed after a reevaluation of the rule will serve as a complete overhaul. On the other hand, the industry is worried about the potential effects of the changes on mutual funds, financial planners and brokers.


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