FRTIB Meeting Minutes Review

May 2013 - There are a few things I would like to bring up.
1. Mr. William Jasien has been submitted by President Obama to replace Mr. Terrance Duffy - Anybody know him?
2. Another closed session was held, why no transparency?
3. Could someone review the trading cost slides and tell me if I am reading them right? Are we actually making money on trades as a whole or do I have to go back to chart reading 101 again?
4. Class action suits by fund (interesting but not clear subject)

FRTIB: Meeting Minutes;
Select May under 2013
 
May 2013 - There are a few things I would like to bring up.
1. Mr. William Jasien has been submitted by President Obama to replace Mr. Terrance Duffy - Anybody know him?
2. Another closed session was held, why no transparency?
3. Could someone review the trading cost slides and tell me if I am reading them right? Are we actually making money on trades as a whole or do I have to go back to chart reading 101 again?
4. Class action suits by fund (interesting but not clear subject) So where does that 86M go?

FRTIB: Meeting Minutes;
Select May under 2013

Since I retired I have stopped reading the FRTIB meeting minutes. Maybe I should start up again.
 
I read them during down time and have the same questions as Frixxxx. Don't really have time to look further. Maybe one of you retired peeps?

Thanks Frixxxx.

PO
 
#1 Question - William S. Jasien, Bill, CRA CRC Senior Vice President of Institutional Sales and Major Accounts Public Markets - North America ING Financial Advisers LLC. Mr. Jasien's experience includes heading Education and Retail Market distribution, leading a national business development team focused on the management of retirement plans, and launching ING's award-winning Customer Operation Centers. Prior to joining ING in 1993, he worked for the Bush (41) Administration and served ... in a number of capacities, including assistant secretary of the U. S. Treasury for Finance and Management. He was recently appointed by President Bush and confirmed by the U.S. Senate, to the Board of the Securities Investor Protection Corporation (SIPC); is vice chairman of the State Department Overseas Scholastic Advisory Council; and serves on the board of the American Red Cross. Mr. Jasien serves as a Director of Mcdonald Bradley, Inc., and Securities Investor Protection Corporation. He holds NASD Series 24, 65 and 66 designations. Mr. Jasien holds a bachelor's degree in finance and management from James Madison University, Harrisonburg, Va.
 
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