The Senate Committee on Banking, Housing and Urban Affairs held a hearing last week on soft dollar practices, in the wake of suggestions that they be banned.
The committee met on Wednesday, March 31 to review current investigations and regulatory actions of the mutual fund industry related to fund costs and distribution practices. The hearing addressed some of the issues raised in last December’s SEC concept release. At that time, the SEC requested comments on measures to improve disclosure o
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails