Industry Group Wants to “Reform” – Not End – Abuse Prone B-Shares

独立董事委员会（IDC）最近向美国证券交易委员会（IDC）提供了有关12B-1共同基金的“改革”清单，包括共同基金董事应监督bob200体育费用。该集团声称，当真正的用途是支付可以从投资者那里隐藏或混淆的高度使用时，这些费用用于支付建议和股东服务。

2006年，共同基金行业收取了118亿美元的12b-1费用。SEC在6月对B-shares进行了圆桌讨论，讨论是否要取消此类股票。寻求妥协，IDC现在建议“澄清” 12B-1计划，改进了对投资者的披露以及派遣人员类型的延误策略 - 所有这些旨在避免拟议的终止此类股份的拟议。

三十年前，华尔街试图与共同基金公司直接出售的“无负荷”共同基金竞争。1980年，它获得了华盛顿的帮助，以创建“ B股”，这是因为这些股票是根据《投资顾问法》第12-B条授权的。虽然没有支付前端负载来购买此类股票，但卖方的卖方付费以出售股票。然后，买家每年收取5年的费用，如果他们试图提前获得我们的费用，则会因提前提取而受到罚款。

Such shares have been the subject of constant concern for more than 25 years. Salespersons often misrepresent the shares as “no load” and seek to avoid volume discounts available on old-fashion front end load A-shares to make higher commissions on the B-shares. While the industry does not want to end this $12 billion per year gravy train, the time has come to simply end the sale of such shares in order to stop the abuse.

牧羊人史密斯和爱德华兹represents investors nationwide in claims against the securities industry. We represent clients who have been victims of wrongdoing by brokers and their firms, including in the sale of B-shares and other mutual funds. To learn whether we can also assist you to recover,联系我们与我们的一位律师安排免费咨询。