Description: New rules and a shift toward passively managed funds could see revenues chopped in half.

Source: Bloomberg.com

Date: Apr 07, 2016

Link: http://www.bloomberg.com/news/articles/2016-04-07/the-financial-industry-is-having-its-napster-moment

Questions for Discussions:

• What does the article suggest is happening in the industry and the reasons?
• Do you agree with this assessment?
• How should the industry respond to this development?