What role is contemplated for fund directors under the SEC's recently proposed rules to replace current rule 12b-1? 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? 

These new rules, if adopted, would significantly change the way in which the mutual fund industry pays for the marketing and distribution of fund shares.  How will these changes affect the way fund directors oversee distribution-related expenses? 

Join the Forum for a webinar on Thursday, October 7, from 2:00PM - 3:00PM EDT as we discuss the proposed amendments and the likely role of directors in overseeing distribution-related costs if those amendments are adopted. 

Forum webinars are free for members, and $100 for non-members.  To register for the October 7 webinar, visit: http://www.mfdf.org/events/event/12b_1/

An archived version of the webinar will be available after October 7 for Forum members and all who registered for the webinar.