Goldstein says new SEC ruling puts a chill on shareholder activism

The NAVigator

English - June 05, 2020 12:31 - 10 minutes - 8.95 MB - ★★★★★ - 5 ratings
Investing Business closedendfunds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 'The most buyer-friendly market we have seen since the Great Recession'

Next Episode: Bancroft's Spatacco: Closed-end funds are now attractive right out of the box

Phillip Goldstein, co-founder of Bulldog Investors and a leading activist investor in closed-end funds, discusses a recent Securities and Exchange Commission decision that he says protects the fund operators at the expense of shareholders, and which he believes will widen discounts and make closed-end funds less attractive in the future.