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Niels Holch |
Niels Holch, executive director of Internet-based shareholder advocacy group Coalition of Mutual Fund Investors, sets the scene for the New Year with a look at what mutual fund directors should have on their radars screens and makes some predictions about what will—and will not—be accomplished on the regulatory front in 2012.
The Federal election on Nov. 6, 2012, likely will be remembered as a watershed event, one in which voters expressed their views about who should lead this country out of a very difficult recession and what the role of the Federal government should be in the future.
Washington politicians will remain in a state of partisan gridlock for most of the year, especially on Federal budget, spending and tax issues. It is doubtful that any meaningful progress will be made on reducing the Federal deficit, addressing long-term entitlement spending, and reforming the Internal ....