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New disclosure regs may save investors billions

Longtime readers of my columns know that I am not a fan of government regulation. Nevertheless, there are times it is needed to protect consumers. This column is about new regulations that have the potential to save investors billions of dollars in costs. Internal fees in mutual funds Some months ago, I wrote a column about the hidden fees in mutual funds. Many investors don’t know that the same mutual …Read More

Do you know the real fees on your investment account?

The financial and investment industry carries with it a well-deserved aura of corruption and greed. The SEC constantly investigates questionable Wall Street practices. While a major contributor to the financial crisis and the recession and its aftermath, it seems the New York financial industry never missed a beat in collecting outsized bonuses, to say nothing of outlandish eight-figure salaries. Much of the money made in the investment segment of the …Read More