In a video, BoardIQ interviewed partner Steve Feinour at the Investment Company Institute’s Leadership Summit on how independent directors can approach exchange-traded fund (ETF) share classes.
“In all the [ETF share class exemptive] applications, there is an important role for both the adviser and the board to play,” Steve said in the video.
Watch the full video (subscription required) to learn more about the proposed responsibilities of the board and the adviser.