Mutual Funds Join the Long List of Companies That are Ready to Rumble With SEC
Also, House Republicans ask Gensler about agency's WhatsApp use; Enforcement: Wall Street paid the SEC lots of money last year
Add mutual funds to Gary Gensler’s list of financial products and firms that are in need of sweeping changes. Today’s SEC proposal that looks to overhaul how funds handle redemptions and set share prices in times of market stress, quickly proved as divisive as policies he’s pushed for on climate disclosure, stock trading, hedge funds, etc. The plan drew…
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