The Wall Street Journal
's Chuck Jaffe unveiled
his second batch of coal "winners" over the weekend and the list includes a regulator.
The Securities and Exchange Commission
is the recipient of the award for the category of "A 12b-1 fee solution that isnít".
The Vanguard Group [see profile]
also got an award for "Not knowing when to give up" (this relates to the timing of Vanguard's firing of AllianceBernstein as a sub-advisor), Rajendra Prasad
of Prasad Growth Fund received honors for "The Lump of Coal Mis-Manager of the Year".
And not to be left out, Charles Schwab Investment Management [see profile]
was also acknowledged for "Most unsettling settlement".
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