SEC Chairman Cox Says "Overhaul of 12b-1 Fees Likely

May 14 07

SEC Chairman Cox Says "Overhaul of 12b-1 Fees Likely" Reports Investment News. Cox told the paper that alternative ways of funding servicing expenses could be discussed, but that "reform or repeal" of the marketing expenses is likely. For funds charging 12b-1 fees or distribution expenses, the average is 0.24%, according to Crane Data.

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