In the Margins
BlackRock has announced the Dec. 31 retirements of independent directors Kathleen Feldstein and James Flynn from its closed-end funds board. The vacant seats will be filled by Cynthia Egan on April 1, and Catherine Lynch on July 1. Read the full release from BlackRock.
Most Read
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...