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Report of the Working Group on Rule 12b-1 and Mutual Funds (PDF)
Investment Company Institute [ICI] 
June 1, 2007 77 pages. Excerpt: Although most funds rely on 12b-1 fees to finance at least some portion of their distribution efforts, recent media coverage and regulatory commentary have questioned whether Rule 12b-1 continues to serve the purpose for which it was originally intended, whether it benefits investors, and, therefore, whether it should be amended or repealed. MORE >> |
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