Constrained by law: The impact of fiduciary duties on portfolios and prices in US equity markets

Stefano Cassella, A.E. Rizzo, Oliver Spalt and Leah Zimmerer
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Stefano Cassella: Tilburg University, School of Economics and Management
A.E. Rizzo: Tilburg University, School of Economics and Management
Oliver Spalt: Tilburg University, School of Economics and Management

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Date: 2026
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