In the Margins
In a recent opinion piece, Washington, D.C., lawyer Eugene Scalia recounts his role in challenging a Securities and Exchange Commission rule concerning the extent to which mutual fund directors should be required to be independent of the advisory firm that manages the fund. In it, he examines the role of cost-benefit analysis and reasoned decision-making—or, in this case, the lack thereof. Read the original piece in The Regulatory Review.
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