The mutual fund industry arguably has the most to lose as fees come under scrutiny because there simply is no reason why retail investors should pay 5-10 times what institutions pay for the same services from the same managers.

FORBES: Emerging New Fiduciary Trends and Developments: Systems of Mass Deception vs. Systems of Enhanced Diligence (September 1, 2003)

Why should important financial market makers and retail investors pay for excessive spending programs?

FORBES: European Union To Talk Bank Levy, Financial Transaction Tax