2/3 of boards will add at least one director in the next 24 months; most are trying to focus on skills and experience rather than personal referrals, according to MFDF survey of fund-board recruitment
Atkins kills Gensler-era effort to regulate AI but offers no guidelines for future innovation
Invesco plans to convert its 25-year-old QQQ fund from a UIT to an ETF, with oversight from the same trustees responsible for 219 other Invesco ETFs
Legislative focus is on banking, but impact of deregulation on investment firms could be profound, witness warns
Veteran private investment firm partner Steven Rappaport keeps his day job but gives up a board seat he’s held since 2005
1 week ago
RBB trust adds second director emeritus
Indie Robert Straniere retired in January, but joins fellow emeritus as an advisor at half pay with no vote or need to be elected by shareholders
Is private-market access a huge opportunity for retail investors? Or a way for private funds to pull in capital and dish off risk
3 weeks ago
Share class relief, amid confusion
Opinion: Funds and fund boards are really excited about share-class relief, despite the ongoing deregulatory furor of the Trump and Atkins administrations
Indie elected after board chair/interested director and an assistant treasurer quit, leaving only indies on three-person board
Reuters cites anonymous sources on stories saying the SEC will lower disclosure rules, make it easier for companies to go public through IPOs and SPACs
