The Financial Times reports today that Boston based asset management firm Fidelity Investments has pulled out of a working group convened by Jamie Dimon of JP Morgan. The group has been working on a set of corporate governance protocols that it hoped would be adopted by a broad set of investment firms and others in order to provide a best practices standard.
It remains to be seen whether the working group will publish their recommendations and what they will be if and when they do. Stay tuned!