The mutual fund industry has weighed in through its comment letters on the Securities and Exchange Commission’s plan to rename 12b-1 fees as “marketing and service fees” and capping them at 25 basis points.
And the consensus in the more than 1,000 comment letters that the SEC has received is the industry would like the SEC to leave them alone.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access