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What's Happened to Mutual Funds?
As there were more and more people doing this, it was a great deal for brokers firms. They had this sort of conduit that management would taught to,. which made them very valuable from a commission flus. Standpoint. People wonder why brokers firm revenues went down after that, you know. Indfirms weren't allowed to selectively disclosed to two clients. You know, what? What? Okow is this kind of information. After that, they had to disclose everything, sort of equas fairly at once.