Of Delegating and Double Dipping

Recent scandals call into question the integrity of the securities and mutual fund markets: cooked corporate books, misconduct by investment banking firms and brokerage houses in touting securities, claims of after-hours trading in mutual funds and allegations against market makers for self-dealing in executing trades. Must we add to that list of infamy bank trustees who who fail to reduce their fees

Recent scandals call into question the integrity of the securities and mutual fund markets: cooked corporate books, misconduct by investment banking firms and brokerage houses in touting securities, claims of after-hours trading in mutual funds and allegations against market makers for self-dealing in executing trades.

Must we add to that list of infamy bank trustees who who fail to reduce their fees even though they're using a mutual fund for all or a portion of a trust investment po

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