Is Paying for Shelf Space a Fraud? Another SEC Investigation Into the Mutual Fund Industry By Mark J. Astarita, Esq. While the market timing “scandal” may turn out to be not such a scandal after all (See Market Timing Is Legal) the publicity hurt the industry – and the […]
Tag: Mutual Funds
GAO Report on Mutual Fund Fees Released
Makes Recommendations for Improved Disclosure By John M. Baker, Esq. The General Accounting Office released its long-awaited, and long (132 PDF pages), report on mutual fund fees. GAO, Mutual Fund Fees: Additional Disclosure Could Encourage Price Competition, No. GAO/GGD-00-126 (June 2000). The report notes that most investors have focused on […]