In the Margins

Fund directors rattled by SEC concerns

May 17, 2016

By The Financial Times

The Securities and Exchange Commission raised concerns about the role of independent fund directors following the liquidation of Third Avenue’s $788 million high-yield fund last December. But fund directors are critical of the regulator's warning, with fears they are being pushed toward getting involved in day-to-day decisions. Read the original story from The Financial Times.

 

 

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