Wednesday, June 23, 2004

SEC Seeks Independent Fund Board Chairmen

Forbes.com: Update 11: SEC Seeks Independent Fund Board Chairmen

Quite the debate on this one! It is rare that the SEC is so publicly split on an issue. I think it is good however. It does strengthen investor protections somewhat. Although I do admit that some of the benefits may be less than advertised. Overall, I would agree with the SEC chairman on this one and vote that having an independent chairman is good.

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