In the Margins
Sen. Johnny Isakson (R-Ga.) said the Senate likely will vote on a resolution of disapproval, a move to kill the Department of Labor's fiduciary rule. He also plans to advance a separate bill he's sponsored that would halt the rule. Under the Congressional Review Act, lawmakers can stop regulations within 60 legislative days of a final rule being released. Read the original story from InvestmentNews.
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 ...