As Pro Gov never tires to say - the largest 20-30 Investment Fiduciaries have it in their hand to control, change and supervise Corporate Governance in all Listed Companies. Their stakes allow them to assert de-facto control of all shareholder votes. Even the ever-growing 'Private' Equity industry is only private in name only as nearly all their money is provided by ordinary savers.
Mutual Fund Companies Have Significant Power to Increase Corporate Transparency
Nasdaq has been on a roll for the last six plus months, submitting proposed
rule changes to the SEC focused on tightening listing standards and purging
the...
16 hours ago
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