12b-1 Fees

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by Founders, a dually-registered investment adviser and broker-dealer, in connection with its mutual ...

The SEC is pursuing fraud charges against two private hedge funds and their founders, who the Commission says bilked stricken former football players in what ...

A Massachusetts investment adviser should have to return nearly more than $275,000 he took from elder friends and clients in what amounted to “an elaborate ...

Investment advisers have to do a better job of disclosing their employees’ disciplinary records, a new OCIE risk alert says. OCIE staff conducted more than ...

The SEC’s approval by a 3-1 vote of the issuance of an interpretation of the “solely incidental” prong of the broker-dealer exclusion under the Advisers ...

It’s hard to get a handle on how many advisers receive 12b-1 fees for placing clients in certain mutual fund share classes. Look to Form ...

The SEC orders the recipient to preserve records and to submit information to help the agency's investigation.

This letter goes beyond 12b-1 fees to look at broader "revenue sharing."

We had told you in December to expect a slew of settlements from advisers that took advantage of the SEC’s self-reporting initiative (IA Watch, Dec. ...

some mutual fund share classes charge 12b-1 fees to cover fund distribution and sometimes shareholder service expenses. These recurring fees, which are included in a ...