The SEC may require mutual fund companies and broker/dealers to tell investors more about the special payments fund companies make to broker/dealers for selling funds.

The SEC will review revenue sharing practices in the mutual fund industry as the result of lawsuits that contend that such arrangements violate federal securities laws because they are not adequately disclosed, according to an agency lawyer. The review follows a decision by the SEC to consider adopting new requirements on revenue-sharing disclosure. The SEC revealed it was considering such a move in a court filing Feb. 11.

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