12b-1 fee reform dead (for now)
"As far as 12b-1 fees are concerned, it will go a long way if we just call them what they are, which are a fee...
Cox to Get Rand Recommendations by May 5
The SEC's Director of Investment Management, Buddy Donahue, told a packed room at the Investment Adviser Association's (IAA) compliance conference in Washington March 21 that he and Eric Surri, director of the SEC's Trading and Markets division, will deliver to SEC Chairman Christopher Cox by May 5 steps the Commission...
Merrill Counsel Named to Head SEC's Fund Division
Andrew "Buddy" Donahue has been hired as the new director of the SEC's Division of Investment Management, the post that Paul Roye vacated a year ago.