SEC to pick up 12b-1 discussion this summer

SEC Commissioner Elisse B. Walter announced today that the SEC will return to the issue of 12b-1 reform “in force” this summer, after the 1-year anniversary in July of the passage of the Dodd-Frank legislation. Walter was speaking at the Mutual Fund Directors Forum 2011 Policy Conference in Washington DC.

NICSA: 8400 Westpark Drive, 2nd Floor McLean, VA 22102 • Tel: 508.485.1500 • Fax: 508.485.1560