The best of intentions sometimes go awry. But, despite the 12b-1 rule's departure from its original spirit, dismantling the rule is not a viable option, research firm Lipper concludes in a recently released study.

The 12b-1 rule was originally enacted to allow some smaller funds to pass along advertising and distribution costs to investors and charge them as a percentage of a fund's assets in an attempt to provide some relief to funds without kingly resources.

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