kerry-- fighting to protect small investors

Are Your Mutual Funds Safe?

John Kerry is fighting to protect small investors from the latest outbreak of the epidemic of corporate corruption that has flourished under the Bush administration. State and federal regulators have uncovered new allegations of widespread abuses within the nation’s top mutual funds. Mutual fund managers have been allowing their best customers to take advantage of loopholes to make almost guaranteed profits at the expense of average investors.

On Monday, November 3, John Kerry introduced legislation to protect investors from these mutual fund abuses. “This outrageous type of fraud lowers the value of mutual fund shares, taking retirement funds away from hardworking American families,” Kerry said. “It will not be tolerated.”

Nearly 95 million Americans have invested about $7 trillion in 8,300 U.S.-based mutual funds. The majority of U.S. households owning mutual funds have moderate incomes. Fifty-seven percent of households owning funds have incomes between $25,000 and $75,000.

You can find more details on Kerry’s proposal here on his Senate web site.

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“This outrageous type of fraud lowers the value of mutual fund shares, taking retirement funds away from hardworking American families. It will not be tolerated,” says Kerry

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the guy's hard at work-- even on the campaign trail! wish i had those multi-tasking skrillz!

How dare he protect small investors and regular people! They don't count! Only the rich business men who control the country matter! Damn "libruls"!

(satire)

damnit, why isn't it trickling on me.

uuuh; that's the only phrase kerry has said that made me uncomfortable. i don't like the idea of the pukes "trickling on" me. :-\

gross.

It is good to see good work in Congress go on even in the midst of the campaign.

Kerry has been on the side of small businesses and small investors his entire career. Amazing how some his opponents' supporters try to paint him as a big business corporate whore when Kerry's record is really more anti-corporate dominance.

you know where kerry's priorities are-- making life better for americans, and giving them the chance to succeed without BUSH INC.'s crony-propping meddling and abuse of his position standing in their way.

you also know he will come through; he's been working tirelessly for 35 years to bring the voice of the people to washington. we're more than lucky to have such an amazing candidate!