Assets, earnings up in Q1, but erratic policy to dampen M&A: Moody's
Flows into low-cost vehicles far outpaced mutual funds over the past decade: Morningstar
Regulator to consider exemptive relief, novel protections for new funds
Funds overstated performance, used investors' money to pay distributions
Plus, multiple other firms launch funds, announce fund changes
Transfers to dealers began this week, distributions to investors to follow
U.K. regulator's review IDs weaknesses in high-risk product sales, conflicts and conduct standards
Industry group calls on SEC to ease constraints
Regulator requests monetary penalties, disgorgement, costs and market bans
Regulators find certain funds are highly leveraged and complex