All eyes are on Washington today as the SEC will tackle 12b-1 fees at an open meeting at 10 a.m. (click here to view the agenda). The commission is expected to come out with a proposal that was outlined by The Wall Street Journal in a July 6 article.

Buddy Donahue, the SEC's director of investment management, was quoted in the article as saying that one scenario the commission was studying involves treating 12b-1 fees north of 0.25 percent of assets as a load that is paid over time.

Citing anonymous sources, InvestmentNews reported yesterday that the proposal is being dubbed "12b-2." 

Edited by: InvestmentWires Staff, 


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