"I don't think the fund industry has seen how good its disclosure can get," he said.
That has been the case for much of the fund industry in the last several years.
It is the rest of the year, however, that the fund industry may have to watch out for.
So what in the world is the fund industry thinking?
AS everyone knows by now, 1996 was a record year for the mutual fund industry.
In the long run, the fund industry will be better off providing investors with clear information.
Last year, the fund industry turned to Congress for help.
The case was of particular interest to the mutual fund industry.
The mutual fund industry has added its voice on their side.
The questions about the fund industry come as Americans are increasingly being given control over their financial lives.