Mutual fund fee disclosure coming under fire.

• Position: GAO News, General Accounting Office report - Brief Article

A GAO report recommends that the SEC set new rules on the disclosure of mutual fund fees.

The report suggests that actual fees incurred by a fund's trading activity should be disclosed in quarterly statements, allowing mutual fund investors to make more informed investment decisions.

The SEC recently proposed that investors receive information about the fees in the semi-annual reports sent to shareholders...