From the Editor...
Diversity & inclusion efforts throughout the mutual fund industry and within fund boardrooms continue to be a focus as it has become crystal clear that more points of view are better—for decision-making and for results. As Black History Month was coming to a close, we checked in with some independent directors (and one governance pro) about why they believe D&I is necessary and beneficial. Don't miss this important, "in their own words" feature.
We also spoke with the new independent chair of American Century Investments' Kansas City-based fund board, Jan Lewis. She took over Jan. 1 and will fulfill a four-year term in the position, and she shared with us what she expects to take up the board's attention this year. We've also got some details on changes in American Century's Mountain View and New York boardrooms. Lots going on in this fund complex at the start of 2022.
On the regulatory front, we've provided an analysis of the SEC's proposed cybersecurity risk management rules, which was published in mid-February and is open for comments through the beginning of April. Fund industry lawyers weighed in on how boards are treated within the proposed rule, and whether that treatment is likely to be good or bad for boards. Have a look at the story to make sure you're up to date on the proposal and know what the industry is thinking about it.
Finally, we continue to publish our 10in10 series on regulatory developments during the 2010-to-2020 decade each week. You can now read the first eight articles in the 10-part series on our site, and you'll see the final two over the next two weeks. These are insightful pieces written by Buddy Donohue and Proskauer Rose's Kim Kaufman, and they are great resources.
Happy March! We hope you're enjoying the later sunsets and the beginnings of spring.
Hillary Jackson, founding editor