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
Resignations, retirements and recruitment over the past five years have led to significant changes in the Sequoia Fund boardroom. The transformation was set in motion in ...
New data from Independent Directors Council suggests that most independent mutual fund directors did not see much of a bump in compensation in 2019, with year-on-year ...
When new members join and long-serving members leave a mutual fund board, it can be difficult to maintain a carefully honed boardroom culture. At Hartford Funds, ...
Mutual funds claiming to invest in accordance with environmental, social, and governance (ESG) principles are not short of attention of late. There is a wide variety ...