Regulation is the biggest driver of change for mutual funds and money market funds, according to a new EY survey, and it may have consequences beyond higher costs. Heightened regulatory demands anticipated to fall on managers and their products means increased costs of doing business. For financial advisors, this may mean higher costs of products for their clients or, if costs become too high, potentially avoiding such products in favor of more passive investment methods.
Will Advisors Avoid Financial Products Amid Regulation?
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