The Securities and Exchange Commission has been increasing its emphasis on the need for investor education and many of its efforts have been directed toward the mutual fund industry.
One of the most recent initiatives has been the creation of the Financial Facts Tool Kit, an online resource developed by the SEC's Office of Investor Education. The site is part of the Facts on Saving and Investment Campaign, a two-year-old joint effort of the private and public sector to educate people about investing. Located at www.sec.gov/consumer/toolkit.htm, the site has a primer on mutual funds, a retirement savings guide and worksheet, and recommended questions for brokers and information about stocks, bonds and risk. The site went online in August and within the first two weeks over 16,000 people visited it.