SEC voted to adopt a new shareholder and investor communications approach including shareholder reports and revised advertisement fee disclosures by registered open end funds and exchange traded funds. The SEC did not adopt amendments to registration statement disclosures.
The U.S. Securities and Exchange Commission (SEC) voted unanimously on Wednesday 26 October 2022 at an open meeting to adopt a new approach to shareholder and investor communications by.
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We have an unhappy bunch of equity traders sitting upstairs
Fears of stock manipulation explain India’s strict rules for bulk tradingPremium
Andy Mukherjee
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As all institutional investors know, purchasing shares in bulk can be a real pain in India. Traders at a biggish asset management firm would be lucky to fill even a fifth of the entire demand from individual funds. The rest will become a feast for unrelated buyers. It’s a design quirk, which grew out of a misplaced egalitarian sensibility and a fear of mischief by business families.
The idiosyncrasy is not without its costs. Imagine what would happen if a Nike store owner tried to accommodate a wholesale buyer inside a packed retail showroom by shouting to everyone that the next 15,000 pairs come at a 15% discount. There would be a stampede. Other customers could rush to the cash register first, the shop might run out of shoes, and bulk buyers would go home disappointed.