The SECs proposal to require mutual funds to disclose the fees investors based on a $1,000 investment, is a step in the right direction but it doesnt go far enough.
Those were the remarks of
Chairman of the Senate Governmental Affairs Committee, Collins said she would like to see "further steps, particularly improved disclosure of fees and expenses, to protect mutual fund owners," Reuters reports.
"I would urge the SEC to consider seriously the
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
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