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The Pitched Battle Over Mutual Fund Reports You Probably Don’t Even Read

  • Mutual funds argue SEC proposal would save millions of trees
  • Paper companies say going digital would harm elderly investors
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Source: Getty Images

Like many Americans, Ken Winterhalter wants the financial industry to pay for its past recklessness. His favored punishment, however, isn’t jail time for CEOs or bigger corporate fines.

Instead, the president of Twin Rivers Paper Co. has zeroed in on something a bit closer to home: stopping a U.S. Securities and Exchange Commission plan that would spur more investors to get mutual fund reports online.