Suppose The Securities and Exchange Commission's new rule to beef up the independence of mutual fund boards represents an industry defeat.
Can we infer that "The new rule was embraced by all the boards. "? Yes, no, or maybe?
Suppose The Securities and Exchange Commission's new rule to beef up the independence of mutual fund boards represents an industry defeat. Can we infer that "The new rule was embraced by all the boards. "? Yes, no, or maybe?