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IDC to SEC: Directors oversee, don't manage

06/23/2016

The Independent Directors Council has called on the Securities and Exchange Commission to hold a roundtable to discuss how to define the role of mutual fund directors. At issue is the line—and where it's drawn—between oversight and management. “If regulators do not draw the oversight-versus-management line correctly, fund governance—and, ultimately, fund shareholders—could ... Log in to view full article.

 


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