In the Margins
General Electric has announced an overhaul to its board that includes the departure of eight directors, the nomination of three new members, and an eventual change next year in its independent lead director. If GE shareholders approve the nominees, the industrial giant will have just 12 directors—far closer to the average size board and 33% smaller than the 18-member board it had a year ago. Read the original story from The Washington Post.
Most Read
Over the past several weeks, I have written articles exploring conflicts of interest that could challenge a variety of financial industry participants. Those articles explored potential ...
The Securities and Exchange Commission seems poised to grant exemptive relief to one of the earliest applicants seeking to offer an exchange-traded fund share class, just ...
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, ...