With the deadline fast approaching for the final regulation on408(b)(2) fee disclosure to take effect, there are a number ofareas where difficulties could arise—as is the case with any newattempt at regulation. Requirements to provide data, estimatecosts, and determine what is and isn't necessary, and from whom,all offer opportunities for businesses on both sides of the issueto go astray.

From unintended consequences to misunderstandings to shortfallsin communications, here are some areas to watch starting July1.

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