Who represents the investing public?

On 15 November 2010 the European Venture Capital Association hosts a conference in Brussels:   AIFM directive: What's next? The problem - as is so often the case when industry representatives and regulators meet - is that the investing public, the ordinary investor who is ultimately directly or through his fiduciaries in the fund management industry supplying the funds for all investments, is not represented at all as far as we can see. There are plenty of lawyers and accountants (as usual they smell healthy fee income thanks to an ever-increasing burden of regulation) but who speaks for the real investor who picks up the bill in the end? The organisations which one would hope to step into the gap are noticeable by their absence. Has no one remembered to invite them or can they not be bothered?
(29/09/2010)