A new website launched by a financial journalist turned investor advocate slams the mutual fund industry in an 11-part series for charging investors too much through revenue-sharing agreements and 12b-1 fees.

The publisher of mutualfundreform.com, Chuck Epstein, also says that the industry is focused on the market’s turnaround, rather than on meaningful reform or changes. He believes the mutual fund industry needs “to become more competitive, more innovating, more transparent and less commoditized.”

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