Access to this article requires a User ID/Password.

If you are a subscriber or trial member please login using your provided credentials.

To obtain a trial membership please click HERE or contact Dan Lalor at 917-586-6726 or via email at

SEC issues distribution-in-guise guidance


Mutual fund boards should have a process in place "reasonably designed to evaluate whether a portion of sub-accounting fees is being used to pay directly or indirectly for distribution," the Securities and Exchange Commission's Division of Investment Management said in a guidance update published Wednesday. Directors should pay particular attention to ... Log in to view full article.