|5055||The SEC's Proposal to Reform Rule 12b-1: A New, More Sensible Role for Directors?||30||Oct||2:00PM||3:00PM||October||Thursday||7||2010||
The SEC recently proposed rules to replace current rule 12b-1 that, if adopted, would significantly change the way in which the mutual fund industry pays for the marketing and distribution of fund shares. But what of the role of fund directors in overseeing distribution-related expenses? Directors have long expressed concern that, under the current rules, they are given obligations that, in the current market, they have little hope of satisfying. As part of its proposed amendments, the SEC appears to be trying to address this concern. But has it done so successfully? Join us as we discuss the proposed amendments and the likely role of directors in overseeing distribution-related costs if those amendments are adopted.
The webinar was broadcast live from 2:00 - 3:00 Eastern time on Thursday, October 7.
|Forum Webinar Series||
David B. Smith, Jr.
Executive VP/General Counsel
Mutual Fund Directors Forum
WHO SHOULD ATTEND
PRESS / MEDIA