In the Margins
Securities and Exchange Commission Chairman Jay Clayton is expected to tap former Sullivan & Cromwell colleague Steven Peikin to serve as the commission’s co-director of enforcement. He also is expected to name Stephanie Avakian, the agency’s acting enforcement director, as co-director with Peikin. The hiring decisions are not final but could be announced as soon as this week. Read the original story from The New York Times.
Most Read
Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...
Invesco Funds expects to add two new independent and two new interested directors to its boardroom early in 2024, following a shareholder vote that also will ...
The boards overseeing TIAA's 88 and Nuveen Investments' 135 mutual funds plan to merge into a singe entity, nine years after TIAA acquired Nuveen for $6.25 ...
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a ...