Christopher Cox announced the launch of a new Internet Web page called: “The Mutual Fund Reader”. This is available on the SEC’s website which permits mutual funds to voluntarily provide information to SEC and investors. With the use of interactive data, it will enable investors to more easily read, analyze and compare the information related to fund cost, risk, and past performance. According to the SEC chairman himself; The Mutual Fund Reader is an important, time-saving step to help investors compare various mutual funds at the click of a mouse. The tool will help ordinary investors to make the best decisions in investing for retirement, college education, health care, and other financial needs.
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