Mind The Mutual Fund Managers, Please

Your editorial "Mutual funds need tighter rules" (Feb. 14) highlights the need for a third party or committee to protect the small investor.

A close watch of the actions of mutual-fund managers is imperative, as we do not know how many others have violated the rules.

The image of the entire industry can only be upheld if a realistic view is taken by management.

Howard L. Bergenfeld

New York