Even so, the exchange has been faced with several lawsuits from investors claiming refunds and compensation. (links2exchange.net)
This isn't anecdotal: Two studies have shown that upwards of half of individual investors claim they don't pay anything in fees for their mutual funds and financial advisors. (peterlazaroff.com)
But I see lots of people selling to out of town investors claiming it is a C area. (biggerpockets.com)