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M*: Why Mutual Fund Regulations Matter

FYI: Morningstar's Policy Research Team published one of this company's knottiest papers. (There is no naughtiest paper.) By necessity, the three authors--Jasmin Sethi, Jake Spiegel, and Aron Szapiro--conducted some fancy econometrics. "Conflicts of Interest in Mutual Fund Sales" therefore is not an easy read. It does, however, tell an important lesson.
Regards,
Ted
https://www.morningstar.com/articles/901208/why-mutual-fund-regulations-matter.html

"Conflicts Of Interest In Mutual Fund Sale":
https://www.morningstar.com/content/dam/marketing/shared/pdfs/workplace/wp_Policy_Load_Sharing_110918.pdf?cid=EMQ_
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