MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 20, 2010 Jaffe Sends Holiday Jeers to Schwab, Vanguard and the SEC The Wall Street Journal's Chuck Jaffe unveiled his second batch of coal "winners" over the weekend and the list includes a regulator. The Securities and Exchange Commission is the recipient of the award for the category of "A 12b-1 fee solution that isn’t". The Vanguard Group [see profile] also got an award for "Not knowing when to give up" (this relates to the timing of Vanguard's firing of AllianceBernstein as a sub-advisor), Rajendra Prasad of Prasad Growth Fund received honors for "The Lump of Coal Mis-Manager of the Year". And not to be left out, Charles Schwab Investment Management [see profile] was also acknowledged for "Most unsettling settlement". Printed from: MFWire.com/story.asp?s=35451 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |