PALM DESERT, Calif.-Interactive data, books and recordkeeping requirements and 12b-1 fees were a few of the key issues repeatedly discussed at the Investment Company Institute's "Mutual Funds and Investment Management Conference" here last week.

Interactive data, or extensible business reporting language (XBRL) data tagging, is a program that is making headway in the industry. Experts believe XBRL will help investors receive pertinent information about mutual funds.

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