Rajib Chanda Quoted in BoardIQ on Independent Directors and Distribution Fees
07.01.15
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Corporate Partner Rajib Chanda was quoted in BoardIQ in an article discussing the SEC’s inconsistent regulations regarding independent directors’ roles in distribution fee oversight. Rajib suggested that, rather than the current focus of the SEC on mutual fund board oversight of distribution fees, the SEC might consider requiring broker-dealers to unbundle distribution and non-distribution services.