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Will the Securities and Exchange Commission be able to return to a time when it could gain the acceptance of its rules simply by asserting that they are necessary to protect investors?
As the recent mutual fund scandals make clear, Securities and Exchange Commissionoversight of mutual funds has not been all that effective.
Why would it be that in the mutual fund industry, the principal players--the investment advisers of mutual funds--refuse to compete on price with one another?
In the new...
A reexamination of the trend of civic engagement suggests that social capital is not declining, but rather devolving from mass organizations to local groups.
Revitalizing the U.S.-Japan alliance will involve paying attention to securitiesand balance sheets in the planning and conduct of our diplomatic relations.
