Provide the public a comprehensive source that keeps track of the numerous scandals effecting mutual funds and other financial institutions.
Provide the latest news surrounding regulatory and legal action being taken against these offenders.
Provide you with educational information and alternatives to what we consider to be the flawed and antiquated investment structure of mutual funds. Now, in one place you can look up your fund or brokerage firm and see if they are involved in shenanigans where they have put their financial interests ahead of yours.
Recent studies show that despite almost daily reporting of the fund scandal, the average investor does not know much about it, and worse yet, does not seem to care.
Wake up America…your financial future is at stake…this is your retirement money and your kid's college money…you need to care.
If you had a slow leak in your gas tank you wouldn't really feel it, but if you knew about it you would certainly want to fix it. We challenge all investors to pay more attention to their investments and hold themselves, their investment companies and advisors more accountable. American investors lost $8 trillion from 2000-2002. Some people will never recover from these losses, AND these losses could have been prevented!
The mutual fund scandal has left the investor (those paying attention!) feeling vulnerable, abused and looking for alternative investment strategies. Trying to keep track of all of the scandals and those being charged with abuse is too much for one person to do on their own time. Thus, the idea behind Fundpolice.com was born. By providing you FundPolice we hope that you, the investor, are no longer "in the dark" about the mutual fund scandal.
What FundPolice Is Not Since there are numerous fund rating services that do a great job measuring performance, risk, etc., FundPolice does not attempt to recreate these services. If you are looking for rankings, fund analysis, fund statistics, etc. consider the following:
What FundPolice DOES Provide Is Concise Answers To The Following Questions:
"Has my fund or investment company been in any hot water with federal or state regulatory agencies?"
"What was the problem? And if there was a problem, has it been resolved?"
"Does my company deserve to keep my hard earned money or should I consider alternatives?"
Disclaimer: The information presented in this website is correct to the best of our knowledge. Any comments, updates, or new information is welcome and should be sent to: info@fundpolice.com.