SEC Adopts Mutual Fund Rule, Risks New Court Challenge.

Autor: Schroeder, Michael
Předmět:
Zdroj: Wall Street Journal - Eastern Edition. 6/30/2005, Vol. 245 Issue 127, pC1-C15. 2p. 1 Black and White Photograph.
Abstrakt: Reports that one day before leaving office, U.S. Securities and Exchange Commission Chairman William Donaldson pushed through a set of mutual fund rules that had been rejected one week earlier by a federal court. Description of the rules, including one that requires at least 75% of a mutual fund's board to be independent; Comments by critics of the rules, including Republican commissioners Paul Atkins and Cynthia Glassman; Implications of the new rules.
Databáze: Regional Business News