The financial industry (as a whole) is very very far from having its Napster moment. The industry has gotten much tighter regulated since the GFC giving the in

The financial industry (as a whole) is very very far from having its Napster moment. The industry has gotten much tighter regulated since the GFC giving the incumbents an even stronger grip on their position. And the specific low-cost index funds, the article is dealing with, have been around for decades now. I really don't think the headline is called for.