NTF Funds
Aug 20, 2010 5:55 pm
Any thoughts on what might happen in the indy/RIA world to NTF funds if 12b-1's get hammered around? Right now most funds are NTF because the 12b-1 goes to the custodian. If they are forced to disclose that, I'm not sure how that would go over.
Aug 21, 2010 8:41 pm
Good point....This will probably mean higher costs for the independent FA since the NTF status may go away.
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