In the Margins
Should the Trump administration succeed in repealing the Department of Labor's fiduciary rule and the SEC not pursue a version of its own, FINRA could still step in to impose its own rule, since it is free from pressure from the president. And while FINRA was against the DoL’s fiduciary rule, it did not reject the idea altogether; rather it objected to specific aspects of it. Read the original story from Barron's.
Most Read
Securities and Exchange Commission Chairman Gary Gensler’s fast and furious rulemaking era will soon be ending, and it is a good time to take stock of ...
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 ...