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The Unfinished Business Of Mutual Fund Reform, Thomas R. Hurst

UF Law Faculty Publications

The need for further mutual fund reform remains in two major areas. First, there is a need for greater and more effective disclosure of fund charges and greater transparency in the manner in which funds operate. While it is probably overly optimistic to expect that this will make a dramatic difference in investors' preferences for one fund over another, at least it will make it possible for the investor who does care about costs and conflicts of interest to determine how efficiently a particular fund is managed vis-a-vis its competitors. A generation ago, funds with a front end sales load …