Deception Series on 21b-1 Fees and Reveue Sharing on This Web Site

An original series of articles on how mutual fund shareholders are being hurt by excessive fund fees, while creating conflicts of interests with their investment advisers, has been posted on the new Web site, mutualfundreform.com.

These articles can be found in earlier posts on this site. To see them, scroll down and click on "Older Posts."

The 7,000-word, 11-part series of articles, “The Deception Series,” was written by the Web site’s creator, Chuck Epstein, an award-winning financial writer who has written by-lined articles in over 50 financial publications. He has been in the financial services industry since the mid-1970s and wrote this series based on his first-hand experiences.

The articles focus on the role of 12b-1 fees, and revenue sharing agreements, including an advisor paid fee, which affect shareholders and often create conflicts of interest between advisers and their clients. This series is especially timely since the SEC is now evaluating the role of the $12 billion in 12b-1 fees being extracted from the nation’s mutual fund shareholders accounts annually