You are right. It is "our" money. I just wonder why "we" aren't going to our mutual funds who even a small retail investor might pay thousands to every year and

You are right. It is "our" money. I just wonder why "we" aren't going to our mutual funds who even a small retail investor might pay thousands to every year and say, "what are you doing to proactively avoid these situations? are you taking the sell-side's marketing materials as truth, or are you doing your own analysis?" If, as a retail investor, I could make only one call to complain, I would call my fund manager who has a _fidicuiary duty_ to me and demand an explanation. (Note that no such fidicuiary duty exists between a sell-side broker and insititutional investor, which is why they had to use the Martin Act and there are no securities fraud charges.)