help please

Fees investors are charged to cover administration and shareholder services are called management fees. 12b1 fees. sales loads. transaction fees. preemptive taxes. The type of abusive activity that involves arrangements between mutual fund companies and brokerage houses is improper fee assessment. late trading. directed brokerage. market timing. None of the options. Which of the following is the primary regulator (s) of mutual funds? NASD. Stock exchanges. State regulators. SEC. Federal Reserve