Tag: 12b-1 fees

A recently published fee guide can help plan sponsors navigate different recordkeeping, advisory and asset management options.

The advice concerned mutual funds, illiquid alternative investments and cash sweep vehicles.

The Commission says the broker/dealer charged clients 12b-1 fees when they qualified for lower-cost shares.

According to the SEC, two firms will collectively pay more than $1.8 million for violations related to share class disclosure failures.

Attorneys warn the “other shoe has dropped” in the SEC’s special Share Class Disclosure Initiative—and RIAs that did not self-report potential 12b-1 fee disclosure violations are now being...