Tuesday, June 19, 2007

U.S. SEC sees more mutual fund disclosures

(Reuters) - "We want to make sure that while some fees are upfront such
as front-end sales loads, other fees that behave similarly
aren't disguised," SEC Chairman Christopher Cox said after a
hosting a daylong round-table on mutual fund fees.




His comments come as the agency reviews how 401 savings
plans, which many American use for their retirement savings,
can provide clearer information to investors and whether mutual
funds should stop charging distribution fees.


Read more at Reuters.com Government Filings News

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