1. Legg Mason

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    2. An SEC Official is Siding with Big Asset Managers That Say Hedge Funds Like Saba Capital Should Be Banned from Taking Activist Stakes in Closed-End Funds

      An SEC Official is Siding with Big Asset Managers That Say Hedge Funds Like Saba Capital Should Be Banned from Taking Activist Stakes in Closed-End Funds
      ...mark for activists. See more: Saba Capital is targeting a unit of Legg Mason in an activist campaign. Another Legg Mason business stands to profit if it's successful. One lawyer at an asset manager who asked not to be id...
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