Current SEC rules require mutual funds to send the public paper versions of its semi-annually shareholder reports. That waste kills an estimated 1.9 million trees each year. Why not give the public a choice? This broad coalition letter to Congress explains why paperless reporting is a good idea.
When we can, consumers save for a house, for retirement, for college, or for unexpected expenses. Savings sometimes molder in bank accounts, but wise savers use a portfolio of certificates of deposit, mutual funds, common stocks and bonds. In the depths of the housing-finance recession, the federal government loaned billions to mortgage-lending banks they deemed […]