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Legislation and regulations have allowed financial institutions to move into new areas - often competing with other types of financial institutions. An example is life
Legislation and regulations have allowed financial institutions to move into new areas - often competing with other types of financial institutions. An example is life insurance companies offering a variety of instruments to assist in savings and retirement - in 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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