51.   Stock splits are relatively rare in the fund industry.

52.   Such a blurring of boundaries has led the fund industry to seek new ways to help investors cultivate their financial gardens.

53.   That has been the case for much of the fund industry in the last several years.

54.   That is the assertion in a lawsuit that threw the fund industry into a tizzy last year.

55.   That sort of control is something that investors give up when they buy mutual funds, a competitive problem for the fund industry.

56.   The entire U.S. futures fund industry manages less than half the money invested in the biggest mutual fund, Magellan, which is run by Fidelity Investments.

57.   The defendants and others in the fund industry have asked why the SEC did not support what the independent directors believed was an attempt to protect shareholders.

58.   The fund industry has pushed for such legislation for years.

59.   The fund industry says yes, arguing that the money is coming from people saving for far-off goals.

60.   The fund industry, of course, loves to defend the aptitude of its average customer.