March 10, 2004
My comment would be that YES I do believe that more information should be required from the mutual fund companies, especially data such as their gain on the sale of a product, and also salaries of the mutual fund managers. After all, we the investors, are the owners of these funds, and we have a right to receive this information, and it should be included in PROXY form along with their annual reports. A share in a mutual fund should be equivalent to a share in any public corporation, when it comes to SEC required information.
Thank You