In the Margins
A bill expected to be introduced by Rep. Nydia M. Velázquez (D-N.Y.) would amend the Investment Company Act of 1940 to give mutual fund investors in Puerto Rico the same regulatory protection their counterparts in the United States have. When the '40 Act was enacted 75 years ago, the U.S. territory was deemed too far off the beaten track to merit scrutiny. Read the original story in The New York Times.
Most Read
Mutual fund boards can continue conducting business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities ...
Mutual fund boards seem well on their way to mastering the art of conducting business virtually, but one area that may still be a challenge during ...
A majority of independent mutual fund directors did not see a significant increase in compensation last year, particularly if they served on one of the largest ...
The world has been turned upside down in the past two months, and it remains unclear if things will ever go back to what we considered ...