FTFM A longstanding debate over mutual fund fees is coming to a head in a series of pending cases — including one before the US Supreme Court — that could have far-reaching consequences for how the US retail fund industry sets fees.
The cases all focus on how funds, and the boards that oversee them, set the fees charged to investors, and what qualifies as reasonable. With conflicting lower court decisions now going through the appeals process, some speculate that the Supreme Court will have to decide the matter this autumn when it hears Harris v. Jones.
