In the Margins
Mutual funds should be able to lock up investors’ funds or charge shareholders for withdrawals if they urgently need cash to ride out a crisis, according to a new set of policy recommendations from the Financial Stability Board. The Basel, Switzerland-based board says funds have herded into sporadically traded assets that can be sold during good times but might become illiquid during a crisis. Read the original story from The Wall Street Journal.
Most Read
The JPMorgan Funds board has started off the New Year with new leadership following the retirement on Dec. 31 of Chairman Matthew Goldstein, who served in ...
The end of the decade is just weeks away, and mutual fund boards are looking ahead to 2020 and the issues and challenges that may land ...
The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...
When a mutual fund board brings on a new independent director, the onboarding process can be all-encompassing (and many would argue it should be). Obviously, there ...