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Should managers of mutual funds (and other institutional investors) be prohibited from paying higher brokerage commissions in exchange for research and brokerage services? If Section

Should managers of mutual funds (and other institutional investors) be prohibited from paying higher brokerage commissions in exchange for research and brokerage services? If Section 28(e) of the Securities Exchange Act of 1934 were repealed, what would be the likely effects on mutual funds and brokerage firms?

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