In the Margins
All has been quiet in the courts with regard to the Department of Labor's new fiduciary rule. However, the Insured Retirement Institute, American Council of Life Insurers and U.S. Chamber of Commerce indicated Monday they're still reviewing the 1,023-page regulation and haven't made a decision on whether to take legal action. Read the original story from InvestmentNews.
Most Read
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 ...