True Fund Costs Tricky to Figure
By: Denver Rocky Mountain News (Apr 2004)
Denver Rocky Mountain News' "True Fund Costs Tricky to Figure" cites mutual funds research by Dr. O'Neal.
SEC's Agreement with MFS Puts Mutual Funds on Notice
By: The Wall Street Journal (Apr 2004)
The Wall Street Journal's "SEC's Agreement with MFS Puts Mutual Funds on Notice" quotes Dr. O'Neal on mutual-fund transaction costs.
How much does trading cost?
By: Business Week (Mar 2004)
Business Week's "How much does trading cost?" cites research on mutual fund brokerage commissions conducted by Dr. O'Neal.
Funds' risk changes at disclosure times, study says
By: The Washington Post (Mar 2004)
The Washington Post's "Funds' risk changes at disclosure times, study says" mentions Dr. O'Neal's research on window-dressing that was presented to SEC staff members who asked O'Neal to identify specific mutual funds with the most striking trading patterns.
Concentrated Stock Dangers
By: On Wall Street (Mar 2004)
On Wall Street's "Concentrated Stock Dangers" describes research conducted by Dr. McCann and Dr. Luo on the disastrous results from the strategy recommended by some brokerage firms to borrow against a concentrated position and buy additional stocks to diversify.
Fund Group Pushes New Disclosures
By: The Wall Street Journal (Feb 2004)
The Wall Street Journal's "Fund group pushes new disclosures" quotes Dr. O'Neal, saying "Surprisingly, commission levels do not appear in most fund prospectuses and therefore most investors are completely unaware of the magnitude of these costs of trading."
Can the Muni Market Be Made Safe for Investors?
By: Joe Mysak, Bloomberg News (Feb 2004)
Joe Mysak's column "Can the Muni Market Be Made Safe for Investors?" for Bloomberg News reviews Dr. Piwowar's research on trading costs in the municipal bond market.
Muni Bonds Can Cost More to Trade than Stocks
By: The Wall Street Journal (Feb 2004)
The Wall Street Journal's "Muni Bonds Can Cost More to Trade than Stocks" extensively cites research by Dr. Piwowar on secondary trading costs in the municipal bond market.
Pricey Municipal Bonds
By: The San Francisco Chronicle (Feb 2004)
The San Francisco Chronicle's "Pricey Municipal Bonds" extensively cites research by Dr. Piwowar on secondary trading costs in the municipal bond market and features the finding that complex bonds (bonds with a lot of "bells and whistles") are more expensive to trade than simple bonds.
