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How are the kinds of obligations imposed on the participants in mutual funds (e.g., directors/trustees, advisers etc.) designed to address risks to investors? Do you

How are the kinds of obligations imposed on the participants in mutual funds (e.g., directors/trustees, advisers etc.) designed to address risks to investors? Do you think these obligations are sufficient to protect investors? Why/why not? What changes in these legal obligations, if any, would you suggest to strengthen investor protections?

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