In the Margins
Mutual fund investors withdrew the most money to date this year during the week after the so-called Brexit vote, according to the Investment Company Institute. The $10 billion withdrawn from the funds over seven days amounts to the largest outflow from the funds since investors pulled $15 billion in the last week of 2015 when oil prices were sinking, threatening stock prices and spurring fears of corporate defaults. Read the original story from Reuters.
Most Read
The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...
It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...
When former BlackRock executive Salim Ramji takes the helm next month at Vanguard, the asset management behemoth's board of directors also will install its first-ever independent ...
Former BNY Mellon executive Joseph Keenan spent time during the pandemic learning "all things blockchain," knowledge that has come in handy since he was tapped in ...