Among the many voices weighing in on the mutual fund fee case the Supreme Court heard on Monday, Jones v. Harris Associates, are John Bogle, founder of Vanguard, and former SEC Commissioner Paul Atkins, who, predictably, respectively side with investors and the industry.

Bogle says the difference between even a few basis points can make a tremendous difference in the final balance of investors. “Individual investors have suffered from this ability of something to look like a low rate, in fact, it is enormous in terms of dollars,” Bogle told Bloomberg.

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