February 9, 2004
I think the proposal by the SEC on Proposed Mutual Fund Disclosure Forms - SEC File No. S7-06-04 should definetly go through and be approved. I think it is a great idea since many investors out there are not aware of the conflict of interest that may be involved with the broker and a mutual fund company. They may not know just how much the broker stands to gain and in many cases they may have no clue as to the fees.