In the Margins
A bill expected to be introduced by Rep. Nydia M. Velázquez (D-N.Y.) would amend the Investment Company Act of 1940 to give mutual fund investors in Puerto Rico the same regulatory protection their counterparts in the United States have. When the '40 Act was enacted 75 years ago, the U.S. territory was deemed too far off the beaten track to merit scrutiny. Read the original story in The New York Times.
Most Read
The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...
It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...
When former BlackRock executive Salim Ramji takes the helm next month at Vanguard, the asset management behemoth's board of directors also will install its first-ever independent ...
Former BNY Mellon executive Joseph Keenan spent time during the pandemic learning "all things blockchain," knowledge that has come in handy since he was tapped in ...