Morningstar to Oversight Council: Hands Off the Fund Industry
- Tuesday, 14 April 2015
- Regulatory & Compliance
The Financial Stability Oversight Council, which was created by Dodd-Frank legislation in the aftermath of the 2008 subprime boondoggle to find ways to prevent another crisis, is apparently evaluating if regulations for fund industry are warranted, even though the industry didn’t cause the 2008 financial crisis. So writes Morningstar’s Scott Cooley, director of policy research at the firm.
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