The National Association of Securities Dealers announced the 20 people it has named to its mutual fund task force Thursday. The 20 people, representing a cross-section of the broker/dealer and mutual fund communities, are scheduled to meet for the first time on June 23.

The first area of concern they are to address in their first few months is mutual fund portfolio transaction transparency, including directed-brokerage agreements, soft dollars and disclosure. They are expected to report their findings back to the SEC and then move on to the more complex top of distribution arrangements, including 12b-1 fees and revenue sharing.

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