What is CMFI? We are a shareholder advocacy organization dedicated to promoting the interests, needs, and concerns of individual mutual fund investors. Learn more
Frequently Asked Questions
- Who is the Coalition of Mutual Fund Investors (CMFI)?
- How can I learn more about the Federal rules that apply to mutual funds?
- How can I learn more about Congressional legislation and hearings on mutual fund issues?
- How can I learn more about court cases that have been brought against mutual fund companies and their distributors?
- How can I stay abreast of mutual fund issues that CMFI is monitoring and working on?
- Can I provide comments on the CMFI website about mutual fund issues?
- Do you have any type of discussion forum where investors can talk with each other about important mutual fund issues?
- Can I follow and communicate with CMFI through Facebook and Twitter?
- How can I contact Congressmen and Senators about mutual fund issues?
- Can I help CMFI pay for the out-of-pocket expenses of its advocacy activities and for maintaining this website?
Who is the Coalition of Mutual Fund Investors (CMFI)?
CMFI is an Internet-based shareholder advocacy organization, established to represent the interests of individual mutual fund investors. CMFI’s goal is to help individual investors become more involved in the Federal public policy process, so that the rules affecting mutual funds have the benefit of their input.
Mutual funds, investment advisers, broker-dealers, and other large financial intermediaries are all well-represented in Washington, D.C. CMFI seeks to “level the playing field,” by encouraging individual investors to participate in the public policy process and providing them with a voice in shaping mutual fund rules at the U.S. Securities and Exchange Commission (SEC) and in Congress.
CMFI was formed in 2003 by Niels Holch, a Washington, D.C. attorney.
How can I learn more about the Federal rules that apply to mutual funds?
CMFI monitors and participates in Federal rulemaking proceedings on important mutual fund issues. You can learn more about these issues—and CMFI’s work on individual issues—through the Regulatory Tracker section of the website. Each issue has its own webpage and you can read a summary, obtain key documents and comment letters, post comments, and review CMFI blog entries.
Most of CMFI’s focus is on the U.S. Securities and Exchange Commission (SEC), which regulates mutual funds and investment advisers through its Investment Management Division. The U.S. Labor Department regulates retirement plans, and so it is also an important Federal agency regarding mutual fund rules.
CMFI is actively engaged in submitting comment letters to the SEC on a number of mutual fund issues and encourages individual investors to draft and submit their own comment letters and emails to the SEC on issues of interest to them.
CMFI dedicates an entire section of its website to mutual fund legislation and Congressional hearings. You can monitor legislation and hearings through the Legislative Tracker section. For current legislation, you can review the status of bills affecting mutual fund investors, obtain key documents, post comments, and read CMFI blog entries. For current hearings on mutual fund issues, you can review witness statements and link to Congressional websites which provide video archives of each hearing.
CMFI provides archival information on hearings back to 2003, providing you with access to statements by witnesses and other hearing participants.
For anyone who wants to contact key Congressmen and Senators about mutual fund issues, CMFI provides a link to the websites of Members of the House and Senate Committees with jurisdiction over the U.S. Securities and Exchange Commission. To access this section of the website, click on the “Make Your Voice Heard” box in the Legislative Tracker section of the website. You will be taken to CMFI’s Contact Congress page, where a sample email communication and links to the websites of key Members of Congress are provided.
As a public service, CMFI monitors certain Federal court cases that raise issues of interest to individual investors. While CMFI has no relationship with the plaintiffs and the attorneys bringing these cases, we believe that a number of the issues raised in these cases have public policy implications. You can learn more about these cases through the Litigation Tracker section of the website. In this section, you can review a summary of each case, obtain key documents filed by all parties to each case, post a comment, and review any CMFI blog entries.
CMFI provides a free Email Alerts service for individual investors and others interested in mutual fund policy issues. To sign up for this service, scroll to the bottom of most any page of the website and look for the “CMFI Email Alerts” box. Provide us with your email address and you will be automatically signed up to receive these Alerts.
Yes you can. CMFI is very interested in feedback from mutual fund investors on the issues it is working on in Washington. Each regulatory issue, proposed mutual fund bill, court case involving mutual funds, and CMFI blog entry has a “Comments” tab which will provide you with an opportunity to post a comment. You also can post comments on The CMFI Community section of the website, where we provide several discussion forums on mutual fund issues.
In order to post a comment, you will have to provide us with a user name and your email address. You also may need to create a password for yourself. Once you have registered in this manner, you can post comments in all parts of the website at anytime.
CMFI sponsors several different discussion forums on mutual fund issues. These forums can be accessed through The CMFI Community section of the website. In order to participate in a forum, you will have to provide us with a user name and your email address. You also may need to create a password for yourself. Once you have registered in this manner, you can post comments in this section of the website (as well as in other sections).
Yes. CMFI has a Facebook page, listed as Coalition of Mutual Fund Investors. You can also follow CMFI via Twitter at @cmfi_com. Both are excellent ways to stay in touch with CMFI and let us know your views on mutual fund issues.
CMFI has created a free service by which you can send emails to Congressmen and Senators who are Members of the U.S. House Financial Services Committee and the U.S. Senate Banking Committee. Both of these Committees have jurisdiction over mutual fund legislation and the Securities and Exchange Commission (SEC). CMFI also has written a sample communication that you can paste into an email and send to these Congressmen and Senators.
To access this free service, click on the Make Your Voice Heard box in the Legislative Tracker section of the website. You will be taken to CMFI’s Contact Congress page, where the sample email communication and links to the websites of these key Members of Congress are provided.
CMFI incurs modest expenses for its advocacy activities and for maintaining this website. These expenses include office supplies and equipment, stationary, postage, webhosting and design fees, and various subscription and research costs. CMFI also incurs other expenses that would be typical for a non-profit advocacy organization.
If you support CMFI’s work, please consider making a small contribution to us. We encourage any contribution between $10 and $100.
CMFI has an account with Google Checkout and you can access our account through the “Get Involved” box, which is located on almost every page on our website.
If you prefer to send us a check, have it read "Coalition of Mutual Fund Investors" and mail it to Niels Holch at CMFI, 400 North Capitol Street NW, Suite 585, Washington, D.C. 20001.
CMFI is not a Section 501(c)(3) organization, so unfortunately any contribution amount you make is not tax-deductible.
Send Niels an email at email@example.com with any questions you may have about contributing to CMFI. Thank you for any help you can provide to us!
How can I get further help from CMFI and its staff?
For any issue or problem unaddressed by our website, feel free to contact Niels Holch, CMFI’s Executive Director. Niels can be reached as follows:
Coalition of Mutual Fund Investors
400 North Capitol Street, NW
Washington, D.C. 20001
CMFI depends on contributions from people like you. Contributions received will be used to pay for the costs of operating the Coalition and for no other purpose.
As the Coalition is not currently a 501(c)(3) organization, your contributions are not tax deductible. Nevertheless, the Coalition appreciates your support!