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As we have discussed, legislation and regulations have allowed financial institutions to move into new areasoften competing with other types of financial institutions. An example
As we have discussed, legislation and regulations have allowed financial institutions to move into new areasoften competing with other types of financial institutions. An example is life insurance companies offering a variety of instruments to assist in savings and retirementin direct competition with mutual funds and pension funds. What other examples, if any, do you observe, and is this "good" for the economy and market participants?
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