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Fund companies have a big secret: Size of top managers’ paychecks

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A list of the world's top secrets would include the key to the philosophers' stone, the formula for Coca-Cola and the compensation for a top-performing mutual fund manager.

"It's an absolute black hole," says Roy Weitz, editor of the Tarzana, Calif.-based Fund- Alarm.com newsletter, speaking of fund managers' compensation. Fund companies aren't required to disclose manager pay.

But if the Securities and Exchange Commission has its way, that might change. The SEC is lo

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