The Independent Directors Council on Tuesday launched a new Web site designed to help educate more than 3,000 independent directors sitting on mutual fund boards.

The site, www.idci.org, was conceived in the wake of a pervasive trading scandal that led to a Securities and Exchange Commission rule requiring that 75% of the trustees serving on fund boards be independent. It addresses the need for a reliable source of relevant, timely information that will help fund directors live up to their fiduciary responsibilities in serving fund shareholders.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.