In the Margins

U.K. regulator: Funds could be 'systemic risk'

December 10, 2015

By The Wall Street Journal

Investment funds could pose a systemic risk to the financial system because of “herding” behavior by investors, David Lawton, director of markets policy at the U.K. Financial Conduct Authority, told a trading conference in London. Lawton said regulators are worried about the impact of runs on funds, which could “cause damaging ripples, or even waves, in the market.” Read the original story from The Wall Street Journal.

 

 

Most Read

CCO Insight
CCOs see bigger pay bump in 2017

Mutual fund chief compliance officers received significant bumps in pay in 2017, according to new data from Management Practice Inc. On average, fund CCO compensation packages ...