In the Margins
SkyBridge Capital founder Anthony Scaramucci will join the incoming presidential administration in a senior role focused on selling Trump’s agenda and communicating with the business community. The former stockbroker has been a member of Trump’s transition team, including being part of what is known as the “tiger team” responsible for interviewing possible appointees. Read the original story from The Wall Street Journal.
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Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
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 ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...