In the Margins
A bipartisan bill introduced Thursday in the Senate would allow the Securities and Exchange Commission to impose a maximum $1 million penalty on individuals per violation for the most serious offenses and a maximum $10 million per violation on financial firms. Those levels would be an increase from the current $181,071 for individuals and $905,353 for firms. Read the original story from InvestmentNews.
Most Read
For many of the nation's mutual fund boards, it's 15(c) season. In the current environment, that means independent directors and counsel are grappling with completing the ...
For all of us, video meetings are the new normal, and at least for now few directors yearn to return to the days of traveling to ...
Now that summer is officially here, folks are beginning to look forward to the fall and wondering when (or if) things will go back to some ...
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 ...