With Fidelity Investments telling U.S. clients who live outside the U.S. that they can no longer buy or trade mutual funds in their brokerage accounts as of Aug. 1, what other moves might lie ahead as mutual fund providers respond to global regulatory changes?

In a recent letter to overseas clients, originally outlined in TheWall Street Journal, Fidelity said the prohibition would apply to both Fidelity and non-Fidelity mutual funds, and to exchanges between funds. However, account holders will still be permitted to reinvest dividends in additional shares of a fund.

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