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September 24, 2004

Spitzer and the mutual fund investor

The more severely you crack down after a market scandal, the better for customers, right? Well, not always: "it appears that the regulatory and legal response ...has made the small investor worse off in terms of cost, choice, and competition for assets", writes John Tamny at TechCentralStation (via Bainbridge). More on mutual funds from AEI: January conference (transcript/summary/video); Jim Glassman commentary.

Posted by Walter Olson at 12:07 AM | TrackBack (1)

Regulation Through Litigation



Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.