Assertion: certain fund | /r/CapableOf | institute policy
Facets:
Source sentences:
text: Certain funds have instituted policies that encourage or require their independent directors to invest the compensation that they receive from the funds in shares of the funds.67The Commission staff believes that the implementation of such policies gives the independent directors a direct and tangible stake in the financial performance of the funds that they oversee, and can help more closely align the interests of independent directors and fund shareholders.