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The Regulatory Moat That Broke the Market
After a four-standard deviation hedge fund crash, this episode examines how the Investment Company Act of 1940 creates a regulatory chasm between hedge funds and mutual funds—and why that divide nearly triggered a systemic sell-off. Episode 1509 — myweirdprompts.com/n/1509 (permanent short link: myweirdprompts.com/444401)
The skinny
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