Directors and Fund Governance Content

Independent Directors Council Names Susan Kerley as New Chair and Elects Three Governing Council Members Washington, DC, October 10, 2012 - The Governing Council of the Independent Directors Council (IDC) has elected Susan B. Kerley as its Chair. Ms. Kerley, who has served as IDC Vice...

12_mmf_dir_perspective.pdf

November 7, 2011 Ms. Elizabeth M. Murphy Secretary Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549-1090 Re: Use of Derivatives by Investment Companies under the Investment Company Act of 1940 (File Number S7-33-11) Dear Ms. Murphy: The Investment Company...

pub_11_fund_governance.pdf

Fund Boards Follow Strong Governance Practices to Best Serve Shareholders Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, October 19, 2011 - Fund governance practices continue to evolve to the benefit of funds and their shareholders, and...

Fund Boards Follow Strong Governance Practices to Best Serve Shareholders Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, October 19, 2011 - Fund governance practices continue to evolve to the benefit of funds and their shareholders, and...

Independent Directors Council Names Vice Chair and Four New Governing Council Members Washington, DC, October 6, 2011 - The Governing Council of the Independent Directors Council (IDC) has elected Susan B. Kerley as its Vice Chair. Ms. Kerley is an independent director of Legg Mason...

IDC and ICI Paper Examines Board Oversight of Risk Management Washington, DC, October 4, 2011 - Clear, ongoing communication between a fund’s board and adviser is key to effective oversight of risk management, according to a paper recently published by the Independent Directors...