In the Margins

Capital Group prohibits employees from ICO investments

April 25, 2018

By coindesk

Capital Group has barred its associates from investing in initial coin offerings. The firm outlined the policy in an updated code of ethics filed with the Securities and Exchange Commission. The code of ethics does not indicate whether Capital Group invests or plans to invest in ICOs on behalf of its clients, the it suggests that employees' investing in token sales could create a conflict of interest, implying that the firm might consider making such investments. Read the original story from coindesk.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...