Trust Examiner School - September 2023

Internal Use Only

12B-1 Mutual Funds

• When a conflict of interest exists for banks or trust companies • 12b-1 fees prohibited transaction under ERISA • Complete & accurate disclosure of material facts is required

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Internal Use Only

Conflicts of Interest

12B-1 Mutual Funds

Repurchase Agreements

Inside Information

Multi-Account & Inter-Trust Transactions

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