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
Independent mutual fund directors took home more money in 2018, and the boards on which they sit became slightly more diverse, according to new data published ...
Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...
Metropolitan West Asset Management was handed a victory in court this week, one that mutual fund industry litigators say could finally put an end to lawsuits ...
The time will soon be here to start preparing for third- and fourth-quarter board meetings, and for those boards overseeing smaller mutual fund complexes, the issues ...