Tag: 12b-1 fees

financial saving concept – plant growing out of coins

Abstract In 2010, the U.S. Department of Labor proposed changes that would eliminate third-party incentive payments, such as 12b-1 fees, that may encourage broker-dealers to sell high-fee mutual funds to Individual Retirement Account (IRA) customers.  The investment industry argues that eliminating these fees could force broker-dealers to charge directly for advice, which could result in…