According to PRNewswire in an article in the Wall Street Journal Market Watch "Investors should not be paying
differently like airline passengers do according to when they book
flights. New mutual fund purchasers and those liquidating mutual fund
shares have an unfair price advantage over existing shareholders.
Attorney and human rights activist, Larry Klayman claims that "New shareholders are being partially subsidized by existing
shareholders and regulators don't seem to mind an unequal sharing of the
stock brokerage fees that mutual funds incur from ongoing buying and
selling of portfolio securities."
This information is not intended as and should not be construed as investment, tax or legal advice.
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