Muni Trading Costs High
By: Bond Buyer (Feb 2004)
Bond Buyer's "Muni Trading Costs High" extensively cites research by Dr. Piwowar on secondary trading costs in the municipal bond market.
Study finds large mutual funds have undisclosed trading costs
By: The Boston Globe (Jan 2004)
The Boston Globe's "Study finds large mutual funds have undisclosed trading costs" quotes Dr. O'Neal, saying "the true or total cost of investing in mutual funds is substantially higher than is disclosed by the expense ratio."
Massachusetts Financial in Talks to Settle Fund Probes
By: The Los Angeles Times (Jan 2004)
The Los Angeles Times' "Massachusetts Financial in Talks to Settle Fund Probes" cites study by Dr. O'Neal that shows fund trading costs are substantial in certain fund families.
