MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, July 21, 2010 Coming Soon: 12b-2s? All eyes are on Washington today as the SEC will tackle 12b-1 fees at an open meeting at 10 a.m. (click here to view the agenda). The commission is expected to come out with a proposal that was outlined by The Wall Street Journal in a July 6 article. Buddy Donahue, the SEC's director of investment management, was quoted in the article as saying that one scenario the commission was studying involves treating 12b-1 fees north of 0.25 percent of assets as a load that is paid over time. Citing anonymous sources, InvestmentNews reported yesterday that the proposal is being dubbed "12b-2." Printed from: MFWire.com/story.asp?s=32872 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |