Chris Cox is thinking legacy as his term as SEC chairman winds down, and new regs for the fund industry are part of his aggressive new agenda. The WSJ reports that Cox is working on interpretive guidance on the use of so-called soft dollar payments, changes to mutual fund marketing fees (12b-1) and an interpretive release on portfolio valuation. Also on Cox's broader agenda is a new streamlined process for SROs to get rules approved and a new SEC database for muni-bond investors.  

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