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Do 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.

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.