[palmer]

A monthly, or bimonthly, report card would go a long way toward giving small investors a snapshot of how their money is being put to work without the risk of front-running.

I'm afraid not. The solution is not more government-mandated disclosures, we get enough of those alread which nobody reads. The solution won't come as long as the government subsidizes companies who put their employees into these scammy funds. People should get more ordinary income which the invest themselves in stocks or tradable funds which they instantly enter and leave on their own investment criteria.

[Liz]

I love to tell this story during the bubble years on handling cold calls from brokers and mutuals wanting my business.

I'd act very interested, get all the details, then just when they were salivating with greed, when they figured they had a sucker on the line, I'd say, "I have to go now, I'm working on a case."

"Case?" they'd say.

"Yes, " I'd respond. " I head the FBI's telephone investment fraud unit."

They'd hang up so fast. Didn't even say goodbye. LOL.

[TopQuark]

The solution is not more government-mandated disclosures,

Of course not: this has nothing to do with the government or finance. This has more to do with the departure of the western civilization from the Judeo-Cristian values.

People should get more ordinary income which the invest themselves in stocks or tradable funds which they instantly enter and leave on their own investment criteria.

This is a misconception: all activities that require expertise that one lacks are typically delegated to an agent. This includes hiring a barber, a teacher for one's children, and an investment advisor.