A cap on 12b(1) fees is going to have one predictable result. Think carnival games.
What consumers need is not a cap, but some sunshine to disinfect mutual funds
Stephen Winks
Andy,
Could you publish your fund cost research so the free market can drive assets to funds that are the best stewards of the consumer’s investment capital? Perhaps you can award stewardship ratings and charge firms for an evaluation to fund your research. Creates a very constructive way to reward firms who do the right thing when no one is looking.
SCW
Andy Rachleff
Our fee analysis can be found at https://www.kaching.com/site/mutual-fund-fees
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