12(B)-1 Fees

But these three fund firms would likely take the biggest hit under current proposal

Last Friday, the one-year anniversary of the flash crash, SEC Chairman Mary Schapiro told attendees at the Investment Company Institute's annual general-membership meeting that the commission is looking at further regulation of high-frequency traders and mandating standards for exchanges' automated

Says flood of comment letters raised some important points, which commission will consider

O'Hanley says expense will ‘pop up' somewhere else; whack-a-mole for the SEC?

Commissioner Walter says the regulator will start work in July on capping the marketing fee. This may not sit well with brokers or mutal fund providers.

The Securities and Exchange Commission's appointment of Eileen Rominger, an 11-year veteran of Goldman Sachs Asset Management, as its director of investment management marks the first time that the SEC has named an industry executive with no legal background to the position

With reform looming, bank's asset management unit joins others in offering retirement plans so-called R6 option

In a comment letter sent today to the Securities and Exchange Commission, the Investment Company Institute said the agency's proposal to cap 12(b)-1 fees puts the SEC in 'the inappropriate role of a rate maker.'

Researcher calls for clear labeling of fund expenses rather than cap on marketing and service charge

Franklin Resources Inc. is one of the “best-positioned asset managers in this environment” of expected 12(b)-1 fee reform, according to a stock report issued today by FBR Capital Markets.

Among the many provisions in the SEC's plan to overhaul 12(b)-1 fees for mutual funds, perhaps the most contentious is the five-year grandfathering of existing share classes that charge in excess of 25 basis points.