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How Not To Regulate Mutual Funds

FYI: A Swedish class-action claim threatens to change the face of the mutual fund industry, in Europe at first and then, perhaps, globally. If the Swedish Shareholder Association succeeds in its complaint, it will get harder for funds to charge high fees for active management while actually closely following their benchmark indexes..
Regards,
Ted
http://www.chicagotribune.com/news/sns-wp-blm-news-bc-funds-comment10-20150310-story.html#page=1
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