SEC: Mutual funds warned 12(b)-1 fees on regulatory agenda again soon
SEC Chairman Mary Schapiro told reporters at the Investment Company Institute’s annual general-membership meeting in Washington that the…
SEC Chairman Mary Schapiro told reporters at the Investment Company Institute’s annual general-membership meeting in Washington that the commission is looking at what to do about 12(b)-1 reform in conjunction with the investment adviser broker-dealer study. She did not say whether the SEC will re-issue the proposal, which attracted more than 2,400 comment letters. For full story, see: 12(b)-1 reform still on to-do list, says SEC’s Schapiro
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