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12b-1 Fees Likely to Be Reformed, Not Removed
Pensions & Investments 
June 12, 2007 Excerpt: The SEC's review of 12b-1 fees more likely will result in reform than in outright elimination. Christopher Cox, chairman of the Securities and Exchange Commission, is chiefly concerned about mutual fund companies using the fees to pay brokerage commissions and to underwrite fund marketing expenses, pension industry lobbyists said. MORE >> |
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