Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Critics to SEC: What about Revenue Sharing? Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, August 16, 2010

Critics to SEC: What about Revenue Sharing?

News summary by MFWire's editors

Some fund industry observers are calling out the SEC for not addressing revenue-sharing agreements in its planned overhaul of fund-fee structures.

Today's Wall Street Journal Fund Track includes comments from Barry Barbash, a lawyer at Willkie Farr & Gallagher who was head of the SEC's investment-management division for five years in the 1990s, and Andy Rachleff, CEO of kaChing, a website that matches investors with fund managers.

The SEC, for its part, acknowledges its shortfalls in stemming potential revenue-sharing agreements.

SEC spokesman John Heine was quoted saying that the "footnote should be viewed as a placekeeper in which the commission and the staff acknowledge that 12b-1 issues are tied in with revenue-sharing practices and that the commission will have to address revenue sharing at a later time."  

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use