What is the 12b1 rule?
Could you please elaborate on the 12b1 rule in the world of finance and investing? I understand it's somehow related to mutual fund fees, but I'm not entirely clear on how it works or what specific purpose it serves. Could you break it down for me in a way that's easy to understand, perhaps highlighting some key points or examples?
What is the 12b-1 rule?
Could you please elaborate on the 12b-1 rule in the context of finance and investment funds? I'm curious to understand how it works and its significance in the industry. Is it a regulation that applies to mutual funds specifically? What kind of fees or expenses does it cover, and how does it impact investors? I'm also interested to know if there are any recent changes or debates surrounding this rule.