In the Margins
U.S. money market funds own small holdings of debt issued by Deutsche Bank AG, diminishing the likelihood of a repeat of money funds' massive sale of Lehman Brothers' securities to meet heavy redemption requests eight years ago. The U.S. Justice Department imposed a $14 billion fine for DB's misselling of mortgage-backed securities. Read the original story from Reuters.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...