In the Margins
Mutual funds should be able to lock up investors’ funds or charge shareholders for withdrawals if they urgently need cash to ride out a crisis, according to a new set of policy recommendations from the Financial Stability Board. The Basel, Switzerland-based board says funds have herded into sporadically traded assets that can be sold during good times but might become illiquid during a crisis. Read the original story from The Wall Street Journal.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...