PanAgora > Press > Uncategorized > Mike Chen was quoted in Dervedia Thomas’ article “Managers Evaluate Impact of SEC’s Proposed Disclosure Changes,” published by FundFire.

Mike Chen was quoted in Dervedia Thomas’ article “Managers Evaluate Impact of SEC’s Proposed Disclosure Changes,” published by FundFire.

“The challenge is the lack of a standard definition for materiality, says Mike Chen, director of dynamic equity at PanAgora Asset Management. The SEC defines materiality as matters with ‘a substantial likelihood that a reasonable investor would attach importance in determining whether to purchase the security,’ according to the proposal.”