In the Margins

SEC to spend first half of 2017 understaffed

December 16, 2016

By InvestmentNews

The Securities and Exchange Commission likely will avoid rulemakings and enforcement cases for the first part of 2017—at least until new commissioners and division heads are in place. The Senate adjourned for the year without confirming commissioner nominees Hester Peirce (Republican) and Lisa Fairfax (Democrat), and Chairwoman Mary Jo White said last month she will step down as President-elect Donald Trump takes office. Following White's announcement, four division directors said they also will depart. Read the original story from InvestmentNews.



Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...