Briefs

Regulators go too far on mutual funds

– A new study by the Tower Group, a US consultancy, says regulators are going too far in their attempts to increase supervision of the mutual fund industry. "While few would argue that maintaining the status quo is appropriate, the costs associated with a number of the regulatory proposals currently on the table far exceed the public benefit," says Gavin Little-Gill, senior analyst in the investment management practice. "By the Securities and Exchange

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