Under ERISA, No Padding Profits with Revenue Sharing between Mutual Funds and Plan Advisors

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Under ERISA, No Padding Profits with Revenue Sharing between Mutual Funds and Plan Advisors
Registered Rep.

May 31, 2005

Excerpt: Under a recent Department of Labor (DOL) directive, revenue-sharing arrangements between mutual funds and advisors to employee benefit plans are likely to remain in place. However, they will no longer be used to pad profits.

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