SEC commissioner doesn't want courts ruling on mutual fund fees

09/25/2009 | Wall Street Journal, The

Securities and Exchange Commissioner Troy Paredes does not believe the courts should have too much of a say in whether mutual fund fees are too high. The Supreme Court is scheduled to hear a case involving mutual fund fees on Nov. 2. "Courts aren't well-positioned to second-guess decisions made by boards and companies in good faith," Paredes said.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
Arlington, VA
VP of Video Content Distribution
Calkins Media
Levittown, PA
Administrative Assistant
Watco Companies
Los Angeles, CA