Wall Street awaits as fund managers in the United Kingdom prepare for a deadline that will require them to disclose what portion of fees go to research, and which portion goes to trading costs, according to Dow Jones.

The Financial Services Authority, the U.K.'s regulatory agency, adopted disclosure rules calling for British fund managers to comply by June 30. 

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.