MIAMI - With the whirlwind of legislation that started with the mutual fund scandals in 2003 seemingly subsiding, fund companies can stop scurrying to comply and do a better job of focusing on existing rules, speakers at The National Investment Company Service Association summit here said last week.

"The good news is we're over the crescendo and hopefully on the downhill," said Robert C. Pozen, chairman of MFS Investment Management of Boston. "We don't have to start from scratch and test everything again."

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