In the Margins
The Securities and Exchange Commission is upping its game when it comes to the $60 trillion money management business, which means more costs for fund companies, industry analysts have warned. The additional oversight from the SEC may even include a requirement that funds undergo stress tests, similar to what banks are subjected to. Read the original story from The Wall Street Journal.
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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 ...
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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 ...