At the recent
However, there has been an unforeseen turn of events. Two SEC commissioners suggested a potential deregulation of the mutual fund industry, allowing fund managers to use tactics employed by hedge fund managers that they asserted could potentially protect the average investor from the major market decline over the past few years.
While one would think that this sort of idea would be greeted in the mutual fund industry with open arms, the response by many experts in the field was described as muted.
John Collins, a spokesman for the
Rather, industry experts said that there are a number of other ways to help "ordinary investors in difficult times."
