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Recommendation of the SEC Investor Advisory Committee Regarding Mutual Fund Cost Disclosure (PDF)
Investment Advisory Committee, U.S. Securities and Exchange Commission [SEC] Link to more items from this source
[Opinion]
Apr. 19, 2016

"The Investor Advisory Committee recommends that the Commission explore ways to improve mutual fund cost disclosures. The goal should be to enhance investors' understanding of the actual costs they bear when investing in mutual funds and the impact of those costs on total accumulations over the life of their investment. In the short term, the Committee believes the best way to make investors more conscious of costs is through standardized disclosure of actual dollar amount costs on customer account statements. In addition, as part of a longer term effort to improve disclosures, we encourage the Commission to explore ways to provide context for cost information in order to improve investor understanding of the impact of those costs."

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