Podcast Center
Video Center
Webcasts
Resource Center
Events
June 13, 2007 at 01:23 PM
The U.S. Securities & Exchange Commission has released the agenda and panelist list for an event that could affect efforts to regulate a mechanism that money managers use to compensate producers.
The SEC says the Rule 12b-1 Roundtable, scheduled to take place at SEC headquarters in Washington June 19, could help SEC officials identify and evaluate possibilities for reforming the rule.
A Rule 12b-1 fee is a fee that helps fund managers cover the cost of marketing expenses.
When the SEC proposed to change the Rule 12b-1 disclosure requirements back in 2004, the National Association of Insurance and Financial Advisors, Falls Church, Va., and many individual financial services professionals wrote in to complain that any drastic changes could threaten professionals’ ability to provide service to clients.
