Gardner, Carton & Douglas provides a brief discussion of ERISA Advisory Opinion 2003-09A which was recently released. The Advisory Opinion provided guidance to ABN AMRO Trust Services Company (AATSC), a state-chartered trust company, regarding the receipt of 12b-1 fees and subtransfer agency fees from "proprietary" mutual funds.
Posted by B. Janell Grenier at July 10, 2003 04:44 PM