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FORUM « State AGs and the tobacco cartel | The Sentencing Commission deletes comment on waiver of privileges » April 12, 2006Do mutual funds need independent directors? A WSJ op-ed says no, no more than other products or services need this extra layer of governance to protect customers and clients. I'm also skeptical. Moreover, even if these directors make sense in this context, why should this be a federal matter? I've got more here. Posted by Larry Ribstein at 08:39 AM | TrackBack (0) |
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