In the Margins
Should the Trump administration succeed in repealing the Department of Labor's fiduciary rule and the SEC not pursue a version of its own, FINRA could still step in to impose its own rule, since it is free from pressure from the president. And while FINRA was against the DoL’s fiduciary rule, it did not reject the idea altogether; rather it objected to specific aspects of it. Read the original story from Barron's.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...