Investment professionals, take note. Congress is seriously debating legislation that would significantly expand the coverage of the Investment Advisers Act, empower the SEC to make rules on advisor compensation and increase the likelihood of lawsuits against advisors.
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Robert Pozen is Chair of MFS Investment Management, which manages over $150 billion in assets. He previously was Vice-Chair of Fidelity Investments. He currently is a senior lecturer at Harvard Business School. He has served in senior positions at public entities such as the SEC and the State of Massachusetts, and was a member of the President's Commission to Strengthen Social Security, and Chairman of the SEC's Advisory Committee on Financial reporting. read more >> |
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