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- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsNovember 12, 2018
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2018 elections and how the...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsNovember 6, 2018
Although variable product funds present similar oversight responsibilities for boards as retail...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsOctober 29, 2018
Sara Yerkey of Management Practices Inc., will discuss how industry trends are influencing the...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsOctober 10, 2018
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
- newsroom/board-governance/board-leadership;newsroom/regulatory-newsSeptember 17, 2018
The Wall Street Journal reported that California legislators passed a bill that requires public...
- forum-news-feed/forum-regulatory-newsSeptember 13, 2018
The SEC announced that Legg Mason Inc. will pay over $34 million to resolve an SEC charge that it violated...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskSeptember 12, 2018
Moody’s Investors Service Inc. has agreed to pay a total of $16.25 million in penalties to settle...
- forum-news-feed/forum-regulatory-newsSeptember 11, 2018
The U.K. government has signaled it is prepared to exit the European Union in March 2019 without...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsSeptember 10, 2018
As the funds industry continues to keep up with the fast pace of technological innovation,...
- newsroom/board-governance;newsroom/legislative-news;newsroom/regulatory-news;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsSeptember 6, 2018
Elad Roisman received Senate approval to become a Republican Commissioner of the SEC, succeeding...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-shareholder-disclosureSeptember 5, 2018
InvestmentNews and Barron’s are reporting that fund advisers, including BlackRock, Morgan Stanley and...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsSeptember 4, 2018
The SEC announced charges against four Transamerica entities for misconduct involving faulty...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsAugust 30, 2018
Eight months after the U.K.’s Markets in Financial Institutions Directive went into effect, firms...
- forum-news-feed/forum-money-market-fundsAugust 29, 2018
According to a Bloomberg report, asset managers are expected to reap quite a cash windfall as a...
- forum-news-feed/forum-regulatory-newsAugust 28, 2018
President Trump’s announcement that he asked the SEC to study six-month reporting for public...
- forum-news-feed/forum-regulatory-newsAugust 27, 2018
In recent remarks, FinCen Director Kenneth A. Blanco reiterated that the agency’s rules apply to all...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsAugust 23, 2018
FINRA released the FINRA Industry Snapshot 2018, its first annual statistical report on the...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsAugust 22, 2018
The SEC announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges...
- forum-news-feedAugust 21, 2018
The U.S. Chamber of Commerce gathered leading innovators, policy leaders, thinkers, and investors...
- newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-board-governanceAugust 20, 2018
Bloomberg, citing Morningstar research, reports that the U.S. asset managers with the highest...
- newsroom/board-governance;newsroom/etfs;forum-news-feed/forum-board-governance;forum-news-feed/forum-etfsAugust 16, 2018
Attorneys from K&L Gates and Stradley Ronon provide in-depth perspectives on the SEC’s recent rule...
- newsroom/board-governance;newsroom/regulatory-news;forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsAugust 15, 2018
ACA Compliance recently conducted a survey of mutual fund/ETF complexes and investment...
- newsroom/etfs;newsroom/other-oversight;newsroom/other-oversight/distribution;newsroom/other-oversight/portfolio-tradingAugust 14, 2018
Fidelity’s recent launch of no-fee index funds has jolted the industry and inspired much media...
- newsroom/legislative-news;newsroom/regulatory-news;forum-news-feed/forum-regulatory-newsAugust 13, 2018
The SEC announced that the staff will host a roundtable this fall to hear from investors, issuers,...
- newsroom/legislative-news;forum-news-feed/forum-regulatory-newsAugust 9, 2018
Allison Lee, a former SEC enforcement lawyer and aide to Commissioner Kara Stein, might be...
- newsroom/regulatory-news;newsroom/risk;forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsAugust 8, 2018
The U.S. Treasury Department issued a report that signaled a more open stance toward fintech firms...
- newsroom/accounting-and-audit;newsroom/board-governance;forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesAugust 7, 2018
An article on Morningstar.com explains a change in fee methodology spurred by recent FINRA...
- newsroom/board-governance/board-leadership;newsroom/risk;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-riskAugust 6, 2018
Swiss firm GAM Investments announced in a release that all subscriptions and redemptions in its...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingAugust 2, 2018
A white paper from Broadridge reviews the landscape for emerging market debt, noting that this...
- forum-news-feed/forum-board-governanceAugust 1, 2018
A memo from consulting firm Russell Reynolds Associates discusses ways firms can build successful...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 31, 2018
In testimony before the Senate Banking Committee, the nominee for the SEC Commissioner spot...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingJuly 30, 2018
A report by Reuters claims that the SEC has shelved a universal proxy rule proposal that would...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJuly 26, 2018
According to a report in Tradenews, asset managers are generally negative about the effects of the...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversightJuly 25, 2018
An EY report, based on a review of 418 proxy statements filed as of May 2018, examines how S&P...
- forum-news-feed/forum-regulatory-newsJuly 24, 2018
The SEC recently proposed amendments to its whistleblower rules that may broaden the type of tips that...
- forum-news-feed/forum-regulatory-newsJuly 23, 2018
Under a recent executive order, the U.S. attorney general established a Task Force on Market...
- newsroom/other-oversight;newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 19, 2018
Algorithmic encompasses a wide variety of trading methods, strategies, and time horizons,...
- newsroom/other-oversight;newsroom/other-oversight/alternative-investments-and-derivatives;newsroom/regulatory-news;forum-news-feed/forum-regulatory-newsJuly 18, 2018
FINRA recently notified members that it is monitoring developments in the digital asset...
- newsroom/etfs;forum-news-feed/forum-etfsJuly 17, 2018
Media reports say a challenging, volatile environment is causing months-long outflows for ETFs. A...
- newsroom/advisory-contracts;newsroom/board-governance;newsroom/risk;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governanceJuly 16, 2018
The U.S. Court of Appeals for the Third Circuit recently affirmed a District Court’s ruling...
- newsroom/board-governance;newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadershipJuly 12, 2018
A report from The Directors and Chief Risk Officers Group provides boards with guiding principles...
- newsroom/advisory-contracts;newsroom/board-governance;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 11, 2018
Recent research from Flowspring shows pricing pressure continues to persist in the industry, and...
- newsroom/board-governance;forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-distribution;member-resources/member-portfolio-tradingJuly 10, 2018
A paper from the University of Chicago Law School examines why investors continue to pick actively managed...
- newsroom/board-governance/board-leadership;newsroom/other-oversight;newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-advisory-contractsJuly 9, 2018
A Financial Timesreport reviewed the record of some of the oldest mutual funds and asked their managers...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/webinarsJuly 5, 2018
A recent report in the Wall Street Journal observed that political factors such asNorth Korea,...
- forum-news-feed/forum-regulatory-newsJuly 3, 2018
The SEC released a draft strategic plan that focuses on investors, innovation, and performance as the...
- newsroom/board-governance/board-leadership;newsroom/etfs;newsroom/regulatory-newsJuly 2, 2018
The SEC unanimously approved a new rule proposal under the 1940 Act that would allow the majority of...
- newsroom/board-governance/board-leadership;newsroom/regulatory-newsJune 29, 2018
In a highly charged 3-2 vote the SEC adopted amendments to Rule 22e-4 under the 1940 Act,...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversightJune 28, 2018
An article by Harvard academics analyzes agency problems related to the rise of institutional...
- forum-news-feed/forum-regulatory-newsJune 27, 2018
In an opinion written by Justice Elena Kagan, the U.S. Supreme Court held in a 7-2 vote that the...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsJune 26, 2018
The SEC announced it will hold an open meeting on June 28, 2018 to consider several items,...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJune 25, 2018
Mutual fund share class pricing has shifted dramatically over the past decade, and stands on the...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 21, 2018
The Callan Institute’s 2018 Defined Contribution Trends report is showing that sponsors of plans,...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 20, 2018
BNY Mellon’s Pershing is announcing that net inflows to mutual funds on the Pershing platform...
- forum-news-feed/forum-regulatory-newsJune 19, 2018
CFTC investigators have asked four bitcoin exchanges for trading data as the agency probes whether...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJune 18, 2018
Keri Riemer, Counsel with Seward & Kissel LLP, will cover the statutory requirements (e.g.,...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 15, 2018
A new book from the CFA Institute’s research unit provides an overview of alternative investments. The...
- member-resources/member-cybersecurityJune 14, 2018
An article by lawyers at Katten Munchin provides an overview of the EU’s General Data Protection...
- forum-news-feed/forum-regulatory-newsJune 13, 2018
The SEC along with other banking agencies released a proposal to amend a section of the Bank Holding...
- newsroom/regulatory-newsJune 12, 2018
The SEC announced that Sarah G. ten Siethoff has been named the Associate Director for the...
- forum-news-feed/forum-regulatory-newsJune 11, 2018
The SEC adopted new rule 30e‑3 under the 1940 Act, giving mutual funds an optional “notice and...
- forum-news-feed/forum-board-governanceJune 7, 2018
“Directors’ notes, if not properly handled, can result in unintentional waivers of privilege and...
- forum-news-feed/forum-board-governance;member-resources/member-cybersecurityJune 6, 2018
Top industry leaders, including representatives from EY and Goldman Sachs, testified on...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 5, 2018
Comment letters from Nasdaq and CBOE harshly criticize the SEC’s proposal to implement a two-year...
- forum-news-feed/forum-regulatory-newsJune 4, 2018
The SEC will hold an open meeting on Tuesday, June 5, 2018 at 10:00 a.m. to consider electronic...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMay 31, 2018
The Wall Street Journal is reporting that Elad Roisman, chief counsel to the Senate Banking...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMay 30, 2018
President Trump recently signed into law the Economic Growth, Regulatory Relief, and Consumer...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationMay 29, 2018
A report in FinOps describes the latest products that help fund managers create a backup or...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 24, 2018
Attendees at a recent conference at the SEC heard the latest in academic research relating to the...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 23, 2018
Bloomberg is reporting that private equity firms are hoping to gain from the popularity of digital...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsMay 22, 2018
ETFs and improved disclosures to investors are among items listed in the SEC’s Spring 2018...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-valuationMay 21, 2018
The AICPA issued a working draft of the AICPA Accounting and Valuation Guide Valuation of Portfolio...
- forum-news-feed/forum-board-governanceMay 17, 2018
A study organized by the Alliance for Board Diversity in collaboration with Deloitte analyzed the...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsMay 16, 2018
Management Practice has conducted an annual survey of mutual fund director compensation for over...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-ccoMay 15, 2018
A new report by consulting firm Accenture says 89 percent of financial services industry...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 14, 2018
The SEC recently focused talks on the market for smaller, more thinly-traded companies, an issue of...
- forum-news-feed/forum-regulatory-newsMay 10, 2018
In a letter to President Trump, SEC Commissioner Michael Piwowar announced he would resign...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsMay 9, 2018
The SEC has released a proposal to amend its auditor independence rules, which have presented...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 8, 2018
Professors from Northeastern University and the University of Florida released a paper recently on...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 7, 2018
The SEC recently announced that three investment advisers failed to disclose conflicts of interest and...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governance;member-resources/member-cybersecurityMay 3, 2018
The Center for Audit Quality recently released a resource titled Cybersecurity Risk Management...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityMay 2, 2018
In testimony before committees of the U.S. House of Representatives, SEC Chairman Jay Clayton...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsMay 1, 2018
Due in significant part to the recent #MeToo movement, a wave of workplace sexual harassment...
- April 30, 2018
Dechert will host its annual symposium on May 2, 2017 in New York focusing on what investment...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-newsApril 26, 2018
The SEC’s Office of Compliance Investigations and Examinations recently issued a Risk Alert to...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsApril 25, 2018
The New York Attorney General recently concluded an investigation into mutual fund fees and disclosures,...
- forum-news-feed/forum-news-and-eventsApril 24, 2018
The Mutual Fund Directors Forum in partnership with the University of Maryland’s Smith School of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-etfs;member-resources/member-cybersecurityApril 23, 2018
The SEC plans to hire a technology company to focus on blockchain, cryptocurrency monitoring,...
- forum-news-feed/forum-regulatory-newsApril 20, 2018
The SEC proposed a long-awaited package of rulemakings and interpretations on investment adviser...
- forum-news-feed/forum-board-governance;member-resources/member-cybersecurityApril 19, 2018
In a recent speech to fintech thought leaders, CFTC Commissioner Brian Quintenz described the...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsApril 18, 2018
During this webinar, experts from ACA Compliance Group will discuss all things related to fund...
- forum-news-feed/forum-regulatory-newsApril 17, 2018
According to a notice posted on its website the SEC will host an open meeting on April 18, 2018 to...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 16, 2018
President Trump recently signed into law a measure that will make capital more readily available...
- member-resources/member-cybersecurity;forum-news-feed/webinarsApril 12, 2018
EY’s Center for Board Matters will host a webcast on cybersecurity on April 19, 2018 as part of...
- forum-news-feed/forum-board-governanceApril 11, 2018
Two excessive fee cases that challenged fund advisory fees based on the sub-advised funds...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingApril 10, 2018
An analysis of Morningstar’s Star Ratings’ and future fund flows by research firm Flowspring finds...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsApril 9, 2018
Financial services firms have been navigating regulatory uncertainty since at least the day the...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-riskApril 5, 2018
A report by McKinsey forecasts industry compression and increasing pressure from Fintech firms for...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskApril 4, 2018
While top asset managers saw their assets under management increase toward the end of 2017, fee...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-cybersecurityApril 3, 2018
Bloomberg is reporting that a whistleblower has accused market regulators and FINRA of allowing sensitive...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsApril 2, 2018
Change in the Asset and Wealth Management industry is accelerating at an exponential pace....
- forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-newsMarch 29, 2018
The Financial Times is reporting that U.S. regulators are seeking more information on proxy...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsMarch 28, 2018
The Fifth Circuit Court of Appeals rejected the DOL’s Fiduciary Rule in a decision that described...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsMarch 27, 2018
The SEC proposed amendments to the Liquidity Rule, addressing some industry concerns regarding disclosure...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationMarch 26, 2018
Dalia Blass, Director of the SEC’s Division of Investment Management, recently discussed her...
- newsroom/legislative-news;forum-news-feed/forum-other-oversightMarch 20, 2018
In letters to FINRA and the SEC’s Office of Minority and Women Inclusion, three U.S. Senators...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingMarch 19, 2018
Reuters is reporting that the Federal Reserve and the Treasury Department’s Office of Financial...
- forum-news-feed/forum-riskMarch 15, 2018
Reuters reported that BlackRock recently disclosed that third-party commentary on the increasing...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityMarch 14, 2018
The SEC recently published additional guidance to public companies on preparing policies and...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsMarch 13, 2018
The U.S. Supreme Court’s recent ruling that the Dodd-Frank Act protects whistleblowers from...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsMarch 12, 2018
Evaluated bond pricing is one of the most widely used methods for mutual funds and other investors to meet...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMarch 8, 2018
SEC Commissioner Kara M. Stein recently spoke about the growth of esoteric investment products and...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMarch 7, 2018
DST’s Research, Analytics and Consulting reports that the 15 publicly-traded firms that comprise its...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsMarch 6, 2018
Matt Giordano, of KPMG LLP, recently the Chief Accountant of the SEC’s Division of Investment...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsMarch 5, 2018
The SEC is extending the compliance date for provisions of the Liquidity Rule which require fund...
- forum-news-feed/forum-regulatory-newsMarch 1, 2018
The SEC’s Division of Enforcement recently announced a self-reporting initiative that aims to...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-proxy-votingFebruary 28, 2018
A group of academics studied a comprehensive sample of proxy contests and mutual fund voting...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsFebruary 27, 2018
Craig Blackman with Stradley Ronon will address the fundamentals of mutual fund directors'...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsFebruary 26, 2018
The U.S. House of Representatives passed several bills from the Financial Services Committee...
- newsroom/board-governance;newsroom/regulatory-news;forum-news-feed/forum-regulatory-newsFebruary 22, 2018
The SEC announced that it extended the compliance date for certain provisions of the liquidity...
- forum-news-feed/forum-regulatory-newsFebruary 21, 2018
The SEC abruptly canceled a meeting it announced last week to discuss revising the compliance date...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-riskFebruary 21, 2018
Shareholders of the LJM Preservation and Growth Fund recently filed a securities fraud class...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationFebruary 20, 2018
An article in online publication FinOps explores a recent SEC action against fund administrator...
- forum-news-feed/forum-board-governanceFebruary 19, 2018
An article by governance experts discusses strategies for achieving effective individual and board...
- forum-news-feed/forum-regulatory-newsFebruary 15, 2018
According to a Sunshine Act Notice, the SEC will hold a meeting on February 21, 2018 to discuss...
- forum-news-feed/forum-regulatory-newsFebruary 15, 2018
The SEC’s Office of Compliance Inspections and Examinations published its exam priorities for...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsFebruary 14, 2018
As Wells Fargo reels from the implications of a consent order with the Federal Reserve, industry...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsFebruary 13, 2018
Fund directors and trustees know the SEC has been focused on cybersecurity for several years now...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsFebruary 12, 2018
A client alert by law firm Locke Lord reports on a January 11, 2018 conference call held by the...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsFebruary 8, 2018
Join Ingrid Dyott, Managing Director, Neuberger Berman and Curtis Ravenel, Global Head of...
- forum-news-feed/forum-other-oversightFebruary 7, 2018
Top clearing and settlement firm DTCC announced that State Street Bank and Trust Company and funds...
- forum-news-feed/forum-other-oversight/forum-securities-lendingFebruary 6, 2018
A lawsuit filed in New York by the parent of electronic trading platform firm AQS alleges that six...
- forum-news-feed/forum-board-governanceFebruary 5, 2018
A new report by Morningstar covers the landscape of sustainable investment products and notes the rapid...
- newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership;member-resources/member-board-governance/member-board-leadershipFebruary 1, 2018
Deloitte released the fifth edition of its report on Women in the Boardroom with data from nearly...
- newsroom/etfs;newsroom/regulatory-news;forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news;member-resourcesJanuary 31, 2018
According to a Financial Times report, Vanguard CEO Tim Buckley is concerned that speculators may...
- forum-news-feed/forum-board-governanceJanuary 30, 2018
A recent paper from University of Pennsylvania academics finds that busy corporate directors...
- newsroom/board-governance;newsroom/board-governance/board-leadershipJanuary 29, 2018
A reportby global consulting firm Deloitte in the Wall Street Journal discussed recent regulatory...
- newsroom/closed-end-funds;newsroom/other-oversight;newsroom/legislative-news;newsroom/money-market-funds;newsroom/regulatory-newsJanuary 25, 2018
The House Financial Services Committee approved 15 bills on a wide range of topics, including...
- newsroom/other-oversight;newsroom/risk;forum-news-feed/forum-regulatory-newsJanuary 24, 2018
In letters to industry groups SIFMA and the ICI, the Director of the SEC’s Investment Management...
- newsroom/board-governance/board-leadership;newsroom/other-oversight;newsroom/regulatory-news;newsroom/riskJanuary 23, 2018
An article by lawyers from Drinker Biddle discussed recent developments in blockchain technology and...
- newsroom/board-governance;newsroom/regulatory-news;newsroom/riskJanuary 22, 2018
The SEC’s Division of Investment Management released a group of questions and answers on Liquidity Risk...
- newsroom/other-oversight/distribution;newsroom/legislative-news;newsroom/regulatory-newsJanuary 18, 2018
The Wall Street Journal is reporting that the SEC may propose its version of a fiduciary rule by...
- newsroom/legislative-news;newsroom/regulatory-newsJanuary 17, 2018
Robert Jackson and Hester Peirce were sworn into office as Commissioners by SEC Chairman Jay...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;member-resources/member-fund-typesJanuary 11, 2018
A recent survey of about 200 financial professionals conducted by AB found that many fund advisers...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governanceJanuary 10, 2018
Broadridge announced that it has completed its acquisition of Morningstar’s 15(c) board consulting...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJanuary 9, 2018
Lawyers at K&L Gates and Dechert have begun to examine the implications for the industry resulting...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governanceJanuary 8, 2018
A New York Times article criticizes a fund manager who it says charges high fees without regard to fund...
- forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-news-and-eventsJanuary 4, 2018
The Mutual Fund Directors Forum released an extensive new paper titled Practical Guidance on...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsJanuary 3, 2018
The SEC recently released its fall 2017 regulatory flexibility agenda with some expected line...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-regulatory-newsDecember 27, 2017
Understanding insurance policy language remains particularly important for directors and officers...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsDecember 26, 2017
The SEC appointed five new members to the board of the PCAOB, which oversees the audits of public...
- forum-news-feed/forum-regulatory-newsDecember 22, 2017
The U.S. Senate has confirmed Hester Peirce and Robert Jackson as SEC commissioners by unanimous...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsDecember 21, 2017
As 2018 looms, mutual fund boards can expect to see increased engagement with the SEC, regulatory...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-etfs;forum-news-feed/forum-riskDecember 20, 2017
A recent paper by BlackRock staff examines the themes explaining the dominance of index investing and...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-proxy-votingDecember 19, 2017
ISS recently introduced a change to its U.S. policy to respond to concerns over excessive director...
- forum-news-feed/forum-regulatory-newsDecember 18, 2017
The SEC recently released enforcement data for fiscal year 2017 showing a decrease in the number...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-riskDecember 14, 2017
A report by a Federal Reserve Bank of Boston markets specialist explores the impact of money...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsDecember 13, 2017
Mutual fund boards were a main focus of a recent address by the Director of the SEC’s Division of...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityDecember 12, 2017
The SEC recently modified and delayed electronic filing requirements for Form N-Port, which...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsDecember 11, 2017
Independent Trustee Counsel, Fund Counsel and Adviser Counsel-- why are there different types of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-riskDecember 7, 2017
A Wall Street Journal report by Deloitte staff observes that the rapid proliferation of algorithms...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsDecember 6, 2017
During this webinar, Paul Kraft, a Deloitte partner and US Mutual Fund & Investment Management...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsDecember 5, 2017
The SEC announced that it has ratified its prior appointment of its administrative law judges and...
- forum-news-feed/forum-regulatory-newsDecember 4, 2017
The U.S. Treasury issued a report recommending changes to FSOC’s process of determining government supervision...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insuranceNovember 30, 2017
Law360 is reporting that the bankruptcy trustee overseeing the Chapter 11 filing of F-Squared...
- forum-news-feed/forum-closed-end-funds;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsNovember 29, 2017
A House bill seeks to loosen the rules around closed-end funds and proposes that the SEC within a...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsNovember 28, 2017
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will provide an update on activities in Congress...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsNovember 27, 2017
In a recent speech, SEC Chairman Jay Clayton discussed the agency’s vision for the next four years...
- November 22, 2017
Dechert LLP will host its annual Investment Management Symposium on November 28, 2017 in San...
- forum-news-feed/forum-etfsNovember 21, 2017
A lawsuit by Nasdaq, Inc. against a 1940-Act registered firm and other entities claims the...
- forum-news-feed/forum-etfsNovember 20, 2017
CME Group, a CFTC-regulated derivatives marketplace and exchange group, announced it will launch a futures...
- forum-news-feed/forum-board-governanceNovember 16, 2017
According to PwC’s annual survey of public company directors, U.S. corporate directors are...
- forum-news-feed/forum-regulatory-newsNovember 15, 2017
The Investment Company Institute in a recent letter requested that the SEC adjust the compliance...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsNovember 14, 2017
As a result of recent changes in the law and extensive data evidencing minimal recoveries by...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskNovember 13, 2017
In a speech before the Federal Reserve bank in Chicago, CFTC Commissioner Brian Quintenz said...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskNovember 9, 2017
This term the U.S. Supreme Court will consider at least three securities industry cases, according to
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-riskNovember 8, 2017
A recent Morningstar report analyzed the stewardship practices of large sponsors of passively...
- forum-news-feed/forum-regulatory-newsNovember 7, 2017
The Wall Street Journal is reporting that an SEC Enforcement Division official indicated that the...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskNovember 2, 2017
The Wall Street Journal in an expansive report took aim at Morningstar’s star rating system and...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsNovember 1, 2017
Boards overseeing ETFs have challenges in evaluating performance and fees that are unique from...
- forum-news-feed/forum-regulatory-newsOctober 31, 2017
A new report from the U.S. Treasury reviewed the regulatory framework for asset management and...
- forum-news-feed/forum-regulatory-newsOctober 30, 2017
The SEC’s Division of Investment Management and Division of Trading and Markets provided no-action...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityOctober 26, 2017
The nominees for the two open SEC commissioner spots testified before a Senate panel, answering...
- forum-news-feed/forum-regulatory-newsOctober 25, 2017
The chief of the CFTC’s Division of Enforcement, recently announced a self-reporting program that...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsOctober 24, 2017
The U.S. Treasury’s June report on the capital markets targets a slew of financial regulations and...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-tradingOctober 23, 2017
A recent article by Russel Kinnel, director of manager research for Morningstar, explored...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityOctober 19, 2017
The nominees for SEC commissioner are expected to testify before the U.S. Senate Banking Committee this...
- forum-news-feed/forum-etfs;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsOctober 18, 2017
A bill which provides that the SEC must establish and implement a “safe harbor” for ETF research...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-valuationOctober 17, 2017
Deloitte recently released its annual Fair Valuation Survey, and reported that valuation of...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsOctober 16, 2017
The SEC recently extended no-action relief granted in 2016 in connection with a rule that requires...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingOctober 12, 2017
As investor cash continues to pour into passively managed investments active fund managers are...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsOctober 11, 2017
With efforts to comply with the DOL fiduciary rule underway, financial institutions and fund...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsOctober 10, 2017
The California Superior Court in San Francisco recently found that plaintiffs did not have...
- forum-news-feed/forum-board-governanceOctober 5, 2017
An academic study that examined the effect of busy corporate directors and boards on the value of...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityOctober 4, 2017
SEC Chairman Jay Clayton released additional information about the investigation of the 2016...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governance;forum-news-feed/forum-riskOctober 3, 2017
Criticism of the Sarbanes Oxley Act, enacted in the wake of the WorldCom and Enron scandals, has...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskOctober 2, 2017
JPMorgan is expected to complete its transition out of the repo clearing business by the end of...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskSeptember 28, 2017
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert identifying issues...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-proxy-votingSeptember 27, 2017
Index fund giant Vanguard faces a special challenge this proxy season as the firm prepares for its...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsSeptember 26, 2017
In an article for The Hill, Kenneth E. Bentsen, Jr., president and CEO of the Securities Industry and...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-cybersecuritySeptember 25, 2017
The SEC has disclosed that it learned in August 2017 that hackers may have traded on information...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsSeptember 21, 2017
The SEC recently announced that State Street will pay more than $35 million to settle charges that it...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsSeptember 20, 2017
The New York City Comptroller Scott M. Stringer and the New York City Pension Funds recently...
- forum-news-feed/forum-news-and-eventsSeptember 19, 2017
A variety of factors have resulted in increased M&A activity involving sponsors of registered...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsSeptember 18, 2017
The SEC recently hosted a program that featured academic, legal and business perspectives on the...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governanceSeptember 14, 2017
The PCAOB recently issued its annual report under its interim inspection program of audits of...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsSeptember 13, 2017
The SEC’s Office of the Inspector General wrote to four U.S. senators in response to a March 29,...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsSeptember 12, 2017
The SEC’s rule amendment to shorten by one business day the standard settlement cycle for most...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news;member-resources/member-cybersecuritySeptember 11, 2017
Banks and other large New York financial institutions became subject to the New York Department of...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsSeptember 7, 2017
The DOL has published its latest delay of the Fiduciary Rule and seeks comments on a number of...
- forum-news-feed/forum-regulatory-newsSeptember 6, 2017
The SEC announced that Dalia Blass has been named Director of the Division of Investment...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsSeptember 5, 2017
The Federal Reserve Board is soliciting public comments on a corporate governance proposal that...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-riskAugust 31, 2017
Morningstar’s semiannual report on the performance of U.S. active funds against passive peers in...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governanceAugust 30, 2017
The SEC is considering a proposal by the PCAOB to adopt new auditing standards and improve...
- newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskAugust 29, 2017
The European Union’s Markets in Financial Instruments Directive, or MiFID II, is slated to take...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskAugust 28, 2017
The SEC’s Division of Economic and Risk Analysis recently released a paper in response to a...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskAugust 24, 2017
The Massachusetts Secretary of State recently sent letters of inquiry to brokerage firms in an...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskAugust 23, 2017
The SEC recently instituted cease-and-desist proceedings against the CCO of two affiliated...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityAugust 22, 2017
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert based on staff...
- forum-news-feed/forum-regulatory-newsAugust 21, 2017
A recent report concludes that the emerging regulatory landscape is favorable for financial...
- forum-news-feed/forum-regulatory-newsAugust 17, 2017
A Wall Street Journal report says that the Trump Administration’s business friendly stance is...
- forum-news-feed/forum-regulatory-newsAugust 16, 2017
The DOL disclosed in a filing submitted in a lawsuit that it was seeking to extend the transition...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskAugust 15, 2017
The chief of the U.K.’s Financial Conduct Authority announced that LIBOR, the inter-bank lending...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskAugust 14, 2017
A study conducted by Morningstar found that a “behavioral problem” exists among investors in that...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-cybersecurityAugust 10, 2017
According to a Wall Street Journal report, Varo Money Inc., a digital banking startup, has...
- forum-news-feed/forum-regulatory-newsAugust 9, 2017
The SEC recently acknowledged that businesses and individuals are increasingly using initial coin...
- forum-news-feed/forum-board-governanceAugust 8, 2017
State Street Global Advisors, which adopted a widely publicized board diversity policy earlier this...
- forum-news-feed/forum-regulatory-newsAugust 7, 2017
President Trump is expected to select Robert Jackson, a law professor at Columbia University, to...
- forum-news-feed/forum-advisory-contractsAugust 3, 2017
An Eighth Circuit panel recently agreed with an Iowa district court’s dismissal of a Section 36(b) lawsuit...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-risk;forum-news-feed/forum-valuationAugust 2, 2017
A recent article by Ohio State University academics examined the consequences of recent...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsAugust 1, 2017
Bloomberg recently reported that the SEC has significantly trimmed its rulemaking agenda for 2017. ...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 31, 2017
SEC Commissioner Michael Piwowar submitted a response to the DOL’s request for public input on the...
- forum-news-feed/forum-regulatory-newsJuly 27, 2017
President Trump announced plans to nominate Hester Peirce, a former SEC staff attorney and counsel...
- forum-news-feed/forum-board-governanceJuly 26, 2017
Two groups of lawmakers wrote to SEC Chairman Jay Clayton urging a renewed focus on requiring...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskJuly 25, 2017
The Federal Reserve recently released its semi-annual Monetary Policy Report which addressed...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityJuly 24, 2017
SEC Chairman Jay Clayton in his first public speech reiterated the agency’s mission and its...
- forum-news-feed/forum-regulatory-newsJuly 20, 2017
The Bureau of Consumer Financial Protection completed a rule originally proposed in May 2016 that...
- forum-news-feed/forum-news-and-eventsJuly 19, 2017
MPI’s 2017 survey will provide benchmarks from analysis of 2016 financial statements of 18...
- forum-news-feed/forum-board-governanceJuly 18, 2017
An article in the Wisconsin Law Review by academics from Harvard Law School and University of...
- forum-news-feed/forum-board-governanceJuly 17, 2017
Two professors in an opinion piece for the Wall Street Journal write that the popularity of...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJuly 13, 2017
In a recent speech, Scott W. Bauguess, the acting director and acting chief economist of the...
- forum-news-feed/forum-news-and-eventsJuly 12, 2017
This webinar will provide an in-depth overview of the tenets of cyber-security insurance. The...
- forum-news-feed/forum-regulatory-newsJuly 11, 2017
The Department of Labor has issued another request for public comment on the Fiduciary Rule, seeking...
- forum-news-feed/forum-news-and-eventsJuly 10, 2017
Typically, U.S. stock exchanges charge fees for certain transactions and pay “rebates” for others....
- forum-news-feed/forum-valuationJuly 6, 2017
A report by CMRA, a risk management and consulting firm, discusses recent enforcement actions...
- forum-news-feed/forum-regulatory-newsJuly 5, 2017
The Financial Conduct Authority, the U.K.’s chief financial regulator, recently issued a report...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 3, 2017
CFTC Commissioner Sharon Bowen, the sole Democrat on the two-member Commission, announced she is...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-risk;member-resources/member-cybersecurityJune 29, 2017
The Financial Times reported that a technology company successfully used blockchain to buy and sell...
- forum-news-feed/forum-risk;member-resources/member-cybersecurityJune 28, 2017
Reuters is reporting that large corporations and banks, including JPMorgan Chase, Goldman Sachs,...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 27, 2017
According to a Bloomberg report, President Trump is expected to select Hester Peirce, a research fellow...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-riskJune 26, 2017
A yearly report from law firm DLA Piper detailed the results of surveys distributed to corporate in-house...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureJune 22, 2017
A recent article in the Investment Lawyer by Sullivan & Worcester lawyer Thomas M. Ahmadifar...
- forum-news-feed/forum-news-and-eventsJune 21, 2017
Mutual funds can opt to use “swing pricing” beginning November 2018. While swing pricing -...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 20, 2017
The U.S. House of Representatives voted in favor of the Financial CHOICE Act, which contains...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 19, 2017
The U.S. Treasury Department released a report on the U.S. financial system and recommended major...
- forum-news-feed/forum-board-governanceJune 15, 2017
Authors of a recent academic paper posit that corporate boards that retain a single director with a...
- forum-news-feed/forum-board-governanceJune 14, 2017
A paper by academics from the University of Michigan argues that U.S. corporate governance rules...
- forum-news-feed/forum-regulatory-newsJune 13, 2017
An adviser charged with violating various securities laws by concealing the misappropriation of...
- forum-news-feed/forum-regulatory-newsJune 12, 2017
According to a Wall Street Journal report, a former SEC staffer now a law firm partner has been...
- forum-news-feed/forum-regulatory-newsJune 8, 2017
The CFTC recently amended its regulations and forms to enhance the process for reviewing...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 7, 2017
Lawmakers continue to support a bill that would, among other things, re-impose Glass-Steagall Act...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-riskJune 6, 2017
A recent Morningstar study sheds additional light on the industry shift toward investing in...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsJune 5, 2017
A statement issued by SEC Chairman Jay Clayton acknowledged the U.S. Labor Secretary’s desire that the SEC...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 1, 2017
The Trump Administration’s 2018 budget proposal seeks to restructure the CFPB and proposes to...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsMay 31, 2017
In an opinion piece for the Wall Street Journal, Department of Labor Secretary Alexander Acosta...
- forum-news-feed/forum-news-and-eventsMay 30, 2017
Much of the day-to-day work of managing the funds that Boards oversee is dependent on a wide...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-shareholder-disclosureMay 29, 2017
Fidelity Investments and Prudential Financial are among financial firms that have adopted and are in the...
- May 25, 2017
The SEC recently reached a settlement agreement with Barclays Capital, a registered investment...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMay 24, 2017
Republican Senator Mike Crapo, Chairman of the Senate Banking Committee, recently delivered the...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 23, 2017
An academic paper tested many well-known stock market anomalies that have beaten the market in the past...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-cybersecurityMay 22, 2017
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert last week, urging...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskCFTC Acting Chair Sees “Heightened Market Liquidity Risk”; Urges Review of Bank Capital RequirementsMay 18, 2017
In remarks before the International Swaps and Derivatives Association 32nd Annual Meeting, CFTC...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-riskMay 17, 2017
According to research conducted by DeVoe & Company, 44 merger and acquisition transactions were...
- forum-news-feed/forum-news-and-eventsMay 16, 2017
Management Practice has conducted an annual survey of mutual fund director compensation for over...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-riskMay 15, 2017
An academic paper investigates the dramatic increase over the past twenty years in the number of...
- forum-news-feed/forum-regulatory-newsMay 11, 2017
A group representing banking regulators from 50 states has sued the Office of the Comptroller of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight;forum-news-feed/forum-riskMay 10, 2017
An alert by law firm Ropes & Gray details the latest ruling in Section 36(b) litigation after an...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-distributionMay 9, 2017
The SEC announced a $4.5 million settlement with William Blair & Company over charges that, as a...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversightMay 8, 2017
Insurance firm ICI Mutual, which represents approximately 60% of fund industry assets under...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMay 4, 2017
In a 61-37 vote, the Senate voted to confirm Wall Street lawyer Jay Clayton as chairman of the...
- forum-news-feed/forum-regulatory-newsMay 3, 2017
House Financial Services Committee Chairman Jeb Hensarling recently released a revised version of the...
- forum-news-feed/forum-regulatory-newsMay 2, 2017
President Trump recently ordered a 180-day review of two key Dodd-Frank regulations and asked the...
- forum-news-feed/forum-regulatory-newsMay 1, 2017
The Wall Street Journal reports that SEC Chairman Nominee Jay Clayton is currently considering...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-portfolio-tradingApril 27, 2017
An academic report that describes itself as the first in-depth analysis to focus on passive ETF...
- forum-news-feed/forum-news-and-eventsApril 26, 2017
Exchange-Traded Funds (ETFs) are here to stay, with all indications that assets in ETFs will...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 25, 2017
Acting SEC Chairman Michael S. Piwowar restated his opposition to the DOL’s Fiduciary rule at the...
- forum-news-feed/forum-regulatory-newsApril 24, 2017
The SEC recently approved FINRA’s rule proposal addressing financial exploitation of seniors. The rule,...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 20, 2017
A recent article by lawyer Lori Schneider offers a comprehensive view of the current political...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsApril 19, 2017
A new policy paper from Morningstar explores the potential of new mutual fund share classes formed in...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 18, 2017
An academic paper takes on the challenges that digital advice poses for financial market...
- forum-news-feed/forum-regulatory-newsApril 17, 2017
The SEC’s Equity Market Structure Advisory Committee recently considered review of a trading rule...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 13, 2017
Plaintiffs have agreed to a $14.25 million settlement in their securities class action against the...
- forum-news-feed/forum-legislative-newsApril 12, 2017
A group of Republican Senators recently wrote a letter to the Treasury Department chief seeking...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 11, 2017
As SEC chair nominee Jay Clayton awaits the final vote of the U.S. senate, the acting chairman’s actions...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-riskApril 10, 2017
An investment adviser recently agreed to settle SEC charges that it failed to disclose to its...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 6, 2017
As anticipated, the Department of Labor delayed until June 9, 2017 the applicability of the...
- forum-news-feed/forum-news-and-eventsApril 5, 2017
The Mutual Fund Directors Forum announced that Jameson A. Baxter, Chair of the Forum’s Board and...
- forum-news-feed/forum-news-and-eventsApril 4, 2017
This webinar will discuss historical discount levels, IPOs, mergers and deaths of closed-end funds and...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 3, 2017
Recent research findings from Oliver Wyman and Morgan Stanley delivered a sober outlook on the...
- forum-news-feed/forum-board-governanceMarch 30, 2017
The Investor Stewardship Group, comprising some of the largest U.S.-based institutional investors...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMarch 29, 2017
As exchange-traded funds grow in popularity, regulators appear to be recognizing the need for...
- forum-news-feed/forum-regulatory-newsMarch 28, 2017
Acting CFTC Chairman J. Christopher Giancarlo, who was nominated to become permanent chairman by...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMarch 27, 2017
Dechert will host an annual symposium on March 28, 2017 in New York focusing on what investment...
- newsroom/regulatory-news;forum-news-feed/forum-legislative-newsMarch 27, 2017
In his confirmation hearing before the U.S. Senate Banking Committee, the nominee for SEC Chairman answered...
- forum-news-feed/forum-regulatory-newsMarch 23, 2017
Financial firms are curtailing their early efforts to comply for the DOL Fiduciary Rule, set to...
- forum-news-feed/forum-regulatory-newsMarch 22, 2017
A Bloomberg report says that the Enforcement Division of the SEC is reining in spending by banning...
- forum-news-feed/forum-regulatory-newsMarch 21, 2017
A U.S. Senate panel has set March 23, 2017 for confirmation hearings for SEC Chairman Nominee Jay...
- forum-news-feed/forum-news-and-eventsMarch 20, 2017
Morningstar will discuss implications for assessing performance history of new shares, making...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-risk;member-resources/member-cybersecurityMarch 14, 2017
Distributed ledger technology, or blockchain, continues to find favor in the financial services...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-risk;member-resources/member-cybersecurityMarch 13, 2017
The SEC recently released guidance on digital advisors, specifically robo-advisers that provide...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMarch 9, 2017
A bill introduced in Congress by Democratic Congresswoman Marcy Kaptur aims to “revive the...
- forum-news-feed/forum-regulatory-newsMarch 8, 2017
A recent ruling in the United States Court of Appeals for the D.C. Circuitheld that the SEC’s...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-other-oversightMarch 7, 2017
A U.S. District Court for the District of New Jersey delivered a victory to the Hartford...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsMarch 6, 2017
At a recent conference, Acting SEC Chairman Michael Piwowar described the DOL Fiduciary Rule as...
- forum-news-feed/forum-regulatory-newsMarch 2, 2017
FINRA recently proposed an amendment to its advertising rule that would permit firms to distribute investment...
- forum-news-feed/forum-regulatory-newsMarch 1, 2017
Brokerage firm Morgan Stanley Smith Barney recently agreed to pay an $8 million penalty and admit...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsFebruary 28, 2017
A Bloomberg report citing conversations with unnamed sources said Acting SEC Chairman Michael...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsFebruary 27, 2017
An oversight plan recently approved by lawmakers pledges to “continually and vigilantly scrutinize how...
- forum-news-feed/forum-regulatory-newsFebruary 23, 2017
The SEC’s Office of Compliance Inspections and Examinations recently issued a Risk Alert on five...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsFebruary 22, 2017
Top asset management firms, including Aberdeen and Franklin Templeton, are supporting an effort to...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-risk;member-resources/member-riskFebruary 21, 2017
The Mutual Fund Directors Forum released an extensive new paper titled Role of the Mutual Fund...
- forum-news-feed/forum-regulatory-newsFebruary 16, 2017
A report tallying SEC enforcement actions in 2016 shows the top trends and areas targeted by the...
- member-resources/member-cybersecurityFebruary 15, 2017
A group of financial firms, including digital financial advisers, recently collaborated to form...
- forum-news-feed/forum-referenceFebruary 14, 2017
The Investment Management Group of law firm Schiff Hardin LLP will present a webinar on February...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-other-oversightFebruary 13, 2017
Citigroup Global Markets recently reached an agreement to pay $18.3 million, among other...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsFebruary 9, 2017
Asset managers are expanding their corporate governance teams in response to increased regulatory...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsFebruary 8, 2017
An executive order targeting the DOL Fiduciary Rule asked the Department of Labor to undertake an...
- forum-news-feed/forum-regulatory-newsFebruary 7, 2017
The SEC announced that Commissioner Michael Piwowar has been designated acting chairman by...
- forum-news-feed/forum-news-and-eventsFebruary 6, 2017
This webinar will explore recent mutual fund litigation. On February 7, Steve Topetzes will...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsFebruary 2, 2017
In a recent speech, former SEC Chairwoman Mary Jo White looked to the future of the agency and...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskFebruary 1, 2017
The Financial Stability Board recently published recommendations for addressing structural...
- forum-news-feed/forum-news-and-eventsJanuary 31, 2017
Recent decisions by the SEC, on appeal from decisions of their administrative law judges, raise...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-distributionJanuary 30, 2017
The SEC recently released a no-action letter in which it allowed Capital Group’s American Funds to...
- forum-news-feed/forum-regulatory-newsJanuary 26, 2017
BlackRock Inc. has agreed to pay a $340,000 penalty to settle SEC charges that it improperly used...
- forum-news-feed/forum-regulatory-newsJanuary 25, 2017
The SEC’s Office of Compliance Inspections and Examinations recently released its 2017 examination...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJanuary 24, 2017
The effective date of the DOL Fiduciary Rule may be delayed for six months, the Wall Street...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJanuary 23, 2017
A staff working paper from the Federal Reserve discussed the implementation of the Volcker Rule...
- forum-news-feed/forum-regulatory-newsJanuary 19, 2017
FINRA recently released its annual letter highlighting the issues and concerns it will focus on...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-fund-types/member-etfsJanuary 18, 2017
According to a Reuters report, shareholders invested $375 billion into exchange-traded funds in 2016, a global...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJanuary 17, 2017
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert announcing an...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJanuary 16, 2017
SEC Commissioner Michael Piwowar, who is expected to become the agency’s acting chairman after...
- forum-news-feed/forum-regulatory-newsJanuary 12, 2017
Timothy G. Massad said he will step down as chairman of the CFTC, effective January 20, 2017. A statement...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityJanuary 11, 2017
The New York Department of Financial Services released an updated version of its cybersecurity law...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversightJanuary 10, 2017
The recently released Spencer Stuart Board Index presents data on board composition, board...
- forum-news-feed/forum-regulatory-newsJanuary 9, 2017
The U.S. Court of Appeals for the 10th Circuit in Denver ruled that the SEC’s process for hiring...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJanuary 5, 2017
Jay Clayton, a partner with New York law firm Sullivan & Cromwell LLP, has been nominated by...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityJanuary 4, 2017
FINRA announced on December 21, 2016 that it had fined 12 firms a total of $14.4 million for...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureSEC Issues Guidance for Funds on Fiduciary Rule-Related Prospectus Disclosures and Filing ProceduresJanuary 3, 2017
The SEC recently released guidance for mutual funds in response to issues raised by the DOL...
- forum-news-feed/forum-regulatory-newsDecember 28, 2016
The CFTC released enforcement results for the fiscal year ended September 2016. Over the period,...
- forum-news-feed/forum-other-oversight;member-resources/member-cybersecurityDecember 27, 2016
The Federal Reserve recently published a paper on distributive ledger technology, citing the...
- forum-news-feed/forum-etfsDecember 26, 2016
Vanguard Group founder Jack Bogle recently wrote an opinion piece in the Financial Times on the...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskDecember 22, 2016
The CFTC recently reported the results of a supervisory stress test conducted in April 2016 aimed...
- forum-news-feed/forum-valuationDecember 21, 2016
According to reports, the SEC has sent examination letters or interviewed people at mutual funds,...
- forum-news-feed/forum-regulatory-newsDecember 20, 2016
In a letter responding to a request from Republican Senators Richard Shelby and Mike Crapo that...
- forum-news-feed/forum-news-and-eventsDecember 19, 2016
During this webinar, Paul Kraft, a partner and US Mutual Fund & Investment Management Practice...
- forum-news-feed/forum-board-governanceDecember 15, 2016
A Morningstar study reported that there has been no improvement in women’s participation rates in the...
- forum-news-feed/forum-regulatory-newsDecember 14, 2016
In a recent speech, Thomas Curry, chief of the Office of the Comptroller of the Currency, said...
- forum-news-feed/forum-risk;member-resources/member-cybersecurityDecember 13, 2016
Bank of New York Mellon Corp., which serves as custodian for many mutual funds, reported a...
- forum-news-feed/forum-regulatory-newsDecember 12, 2016
The SEC announced on December 8, 2016 that Andrew J. Ceresney, director of the Division of...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-valuationDecember 8, 2016
On December 1, 2016 the SEC announced a settlement with PIMCO regarding charges that PIMCO misled...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsDecember 7, 2016
Since SEC Chairwoman Mary Jo White announced that she would leave the agency at the end of President...
- forum-news-feed/forum-news-and-eventsDecember 6, 2016
The SEC’s rules mandating that funds adopt liquidity risk management programs will have far...
- forum-news-feed/forum-valuationDecember 5, 2016
According to a Wall Street Journal report, various accounting groups have combined to develop a...
- newsroom/board-governance;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-newsDecember 2, 2016
The plaintiff in an excessive fee suit filed against PIMCO in December 2014 scored a victory on...
- forum-news-feed/forum-referenceDecember 1, 2016
In testimony before the U.S. House Financial Services Committee, SEC Chairwoman Mary Jo White...
- forum-news-feed/forum-regulatory-newsNovember 30, 2016
Months before it is slated to become effective, the DOL’s fiduciary rule’s is changing the...
- forum-news-feed/forum-news-and-eventsNovember 29, 2016
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2016 elections and how the...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityNovember 28, 2016
On November 14, 2016 the SEC hosted a FinTech Forum which addressed topics such as the impact of...
- forum-news-feed/forum-board-governanceNovember 23, 2016
A recent article provided some practical guidelines outlined below to improve the effectiveness and...
- forum-news-feed/forum-regulatory-newsNovember 22, 2016
The Office of the Comptroller of the Currency (OCC) announced it will establish an office...
- member-resources/member-cybersecurityNovember 21, 2016
A collection of reports on cyber activity shows that financial institutions are increasingly the...
- forum-news-feed/forum-news-and-eventsNovember 17, 2016
The SEC recently adopted far-reaching rules requiring mutual funds and ETFs to adopt liquidity...
- forum-news-feed/forum-regulatory-newsNovember 16, 2016
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert regarding the...
- forum-news-feed/forum-news-and-eventsNovember 15, 2016
As automated financial advice becomes more mainstream, webinar will explore various types of...
- forum-news-feed/forum-regulatory-newsNovember 15, 2016
The SEC announced that Chairwoman Mary Jo White plans to leave her post in January at the end of the Obama...
- forum-news-feed/forum-regulatory-newsNovember 14, 2016
The SEC recently released new economic analysis related to its rule proposal on the use of derivatives by registered...
- forum-news-feed/forum-news-and-eventsNovember 10, 2016
Change in board membership is accelerating and boards are bringing greater discipline to how new...
- forum-news-feed/forum-regulatory-newsNovember 9, 2016
The SEC’s recent rulemaking activity is spurring discussion as the industry digests the 1940 Act...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingNovember 8, 2016
Morningstar is launching a style box for alternative investment funds to provide better insight...
- forum-news-feed/forum-news-and-eventsNovember 7, 2016
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-proxy-votingNovember 4, 2016
ISS recently released draft proxy voting policy changes for the 2017 proxy season and is seeking...
- member-resources/member-portfolio-tradingNovember 3, 2016
In a recent series of reports, the Wall Street Journal chronicled the large shift of assets to...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsNovember 2, 2016
Democratic Senator Elizabeth Warren recently called for the dismissal of SEC Chairwoman Mary Jo...
- forum-news-feed/forum-valuation;member-resources/member-other-oversightNovember 1, 2016
Deloitte recently reported the results of its fourteenth annual Fair Valuation Pricing Survey of 96...
- forum-news-feed/forum-referenceOctober 31, 2016
On October 24, 2016, Nasdaq Inc. will launch an upgraded system that could lessen the protections...
- forum-news-feed/forum-referenceOctober 27, 2016
According to a Financial Times report, the SEC is laying the groundwork to examine the...
- forum-news-feed/forum-regulatory-newsOctober 26, 2016
The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the...
- forum-news-feed/forum-regulatory-newsOctober 25, 2016
On October 17, 2016 Marc Wyatt, Director of the SEC’s Office of Compliance Inspections and...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationOctober 24, 2016
Calvert Investment Management, Inc. recently settled charges with the SEC regarding the valuation...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsOctober 20, 2016
A federal appeals-court panel dealt a setback to the Consumer Financial Protection Bureau, ruling...
- October 19, 2016
The Wall Street Journal reported that the market valuation metric developed by the economist who...
- October 18, 2016
The Financial Services Group of Dechert LLP will hold its annual investment management symposium in...
- forum-news-feed/forum-regulatory-newsOctober 17, 2016
The SEC reported an increase in enforcement actions for the fiscal year ended September 30, 2016....
- member-resources/member-regulatory-newsOctober 14, 2016
SEC Commissioners voted on October 13, 2016 to adopt proposals to reform oversight and regulation of...
- forum-news-feed/forum-regulatory-newsOctober 13, 2016
The IRS and Treasury Department recently proposed regulations regarding the treatment of a...
- forum-news-feed/forum-regulatory-newsOctober 12, 2016
The U.S. short-term financing markets experienced a tumultuous end to the third quarter as the...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsOctober 11, 2016
A recent study by consulting firm A.T. Kearney predicts a $20 billion revenue impact for the...
- member-resources/member-regulatory-newsOctober 10, 2016
In a recent speech, CFTC Commission J. Christopher Giancarlo stated that regulation by the agency...
- October 6, 2016
In a white paper published in September 2016, BlackRock analyzed the rapid growth of digital...
- member-resources/member-regulatory-newsOctober 4, 2016
On September 28, 2016, the Securities and Exchange Commission adopted rules for securities...
- forum-news-feed/forum-referenceOctober 3, 2016
Morningstar’s report on August fund flows shows continuing movement of investor funds from...
- forum-news-feed/forum-regulatory-news;member-resources/member-portfolio-trading;member-resources/member-regulatory-newsOctober 3, 2016
On September 28, 2016, the SEC issued a proposal to shorten the standard settlement cycle for most...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsSeptember 29, 2016
In a recent speech, the director of the SEC’s Division of Enforcement, Andrew Ceresney, provided a...
- forum-news-feed/forum-riskSeptember 28, 2016
Reuters reports that fund managers have begun increasing investments in private assets in search...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsSeptember 27, 2016
Ernst and Young recently agreed to settle two cases of independence violations stemming from...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecuritySeptember 26, 2016
The Wall Street Journal reports that New York has proposed rules that would require banks to...
- forum-news-feed/forum-referenceSeptember 22, 2016
Morningstar recently announced that it was going to make it easier for investors to compare mutual...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsSeptember 21, 2016
In a recent speech, SEC Commission Piwowar discussed fixed income market issues. He highlighted some...
- forum-news-feed/forum-regulatory-newsSeptember 20, 2016
InvestmentNews reports that the SEC continues to consider a fiduciary rule. SEC Chair Mary Jo...
- forum-news-feed/forum-news-and-eventsSeptember 19, 2016
The fiduciary regulation will cause sweeping changes to the U.S. retirement landscape. Many...
- forum-news-feed/forum-etfsSeptember 14, 2016
Schwab’s 2016 ETF Investor Survey shows that both registered investment advisers (RIAs) and ETF...
- forum-news-feed/forum-shareholder-disclosureSeptember 13, 2016
The Chamber of Commerce Center for Capital Markets Competitiveness recently sent a letter to SEC Chair...
- forum-news-feed/forum-board-governanceSeptember 12, 2016
A small group of leaders of large corporations and investment managers together with an activist...
- forum-news-feed/forum-referenceSeptember 8, 2016
Last week, the Vanguard S&P 500 Index Fund turned 40 (the fund was started as the First Index...
- forum-news-feed/forum-regulatory-newsSeptember 7, 2016
The SEC recently settled charges with a fund adviser stemming from a side agreement that prevented...
- September 6, 2016
NICSA’s General Membership Meeting, which will take place on September 19 and 20 in Boston, will...
- forum-news-feed/forum-news-and-eventsAugust 31, 2016
On September 27, the Forum will host a one day program in Boston that will explore key issues in...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureAugust 30, 2016
The Wall Street Journal reports that the SEC plans to abandon its proposal that would have made...
- forum-news-feed/forum-advisory-contractsAugust 29, 2016
Last week, a New Jersey District Court judge ruled in favor of the defense in a 36(b) case against...
- forum-news-feed/forum-riskAugust 25, 2016
A recent report by Greenwich Associates explores some security issues associated with the use of...
- forum-news-feed/forum-board-governanceAugust 24, 2016
In a recent article, Paulita Pike, a partner and Ropes and Gray, examines the effectiveness of...
- newsroom/regulatory-news;member-resources/member-regulatory-newsAugust 23, 2016
A recent study finds that SEC enforcement activity through the third quarter of 2016 has declined...
- forum-news-feed/forum-riskAugust 22, 2016
A recent K&L Gates Client Alert outlines some questions boards may wish to ask as they evaluate how...
- forum-news-feed/forum-referenceAugust 18, 2016
A recent report from the World Economic Forum examines the potential impact that blockchain will...
- forum-news-feed/forum-money-market-funds;member-resources/member-fund-types/member-money-market-fundsAugust 17, 2016
Earlier this month, the CFTC issued a rule interpretation and no-action letter finding that the...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingAugust 16, 2016
The Wall Street Journal reports that Nasdaq is developing a new order type designed to compete...
- forum-news-feed/forum-money-market-funds;member-resources/member-fund-types/member-money-market-fundsAugust 15, 2016
Municipal money market funds are struggling as the compliance date for the 2014 money market fund...
- forum-news-feed/forum-board-governanceAugust 11, 2016
A recent paper examines how female and minority directors are valued by shareholders and boards by...
- forum-news-feed/forum-board-governanceAugust 10, 2016
A recent post on the Harvard Corporate Governance blog called board refreshment “a topic on fire.” ...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsAugust 9, 2016
The SEC recently announced that State Street has agreed to a settlement of $382.4 million for...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-referenceAugust 8, 2016
In a recent report, ICI Mutual summarizes developments in 36(b) litigation since the Supreme...
- forum-news-feed/forum-reference;member-resources/member-referenceAugust 4, 2016
A recent article in Barron’s explores the future of the fund industry. The article notes that...
- forum-news-feed/forum-reference;member-resources/member-referenceAugust 3, 2016
The report of the 2016 National Financial Capability Study published by the FINRA Investor...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-portfolio-tradingAugust 2, 2016
The Wall Street Journal reports that average daily bond trading volume increased 2% during the...
- forum-news-feed/forum-referenceAugust 1, 2016
The IMF predicts that Brexit will have a negligible impact on U.S. Growth, Reuters reports. ...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureJuly 27, 2016
The SEC recently issued a proposal designed “to eliminate redundant, overlapping, outdated, or...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 26, 2016
Legislation introduced by Senators Elizabeth Warren and Mark Warner and Representative Elijah...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJuly 25, 2016
In late June, the FSOC voted unanimously (with one member abstaining) to rescind GE Capital’s SIFI...
- forum-news-feed/forum-other-oversight/forum-proxy-votingJuly 21, 2016
T. Rowe Price has agreed to a $25 million settlement with Dell over Dell’s recent buyout, the Wall...
- forum-news-feed/forum-other-oversight/forum-proxy-votingJuly 20, 2016
A paper that is to be published in the Journal of Financial and Quantitative Analytics examines how...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-riskJuly 19, 2016
In a recent letter to SEC Chair Mary Jo White, Senator Sherrod Brown, the ranking Democrat on the...
- forum-news-feed/forum-referenceJuly 18, 2016
The Wall Street Journal reported that two professors and UBS are working to develop a tool to...
- forum-news-feed/forum-news-and-eventsJuly 15, 2016
The SEC’s recent rule proposal on derivatives anticipates asking fund boards to approve portfolio risk...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 14, 2016
In a recent statement, SEC Commissioner Piwowar criticized the Commission for its failure to act on...
- forum-news-feed/forum-other-oversight/forum-proxy-votingJuly 13, 2016
The staff of the SEC’s Division of Investment Management declined to give no-action assurance to two...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJuly 12, 2016
The SEC recently denied an appeal from two portfolio managers regarding an ALJ’s finding that they...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsJuly 11, 2016
In a recent speech, SEC Chair Mary Jo White gave an overview of board diversity in the United...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 7, 2016
In the latest setback to a full Commission, the Wall Street Journal reports that a democratic senator...
- forum-news-feed/forum-board-governanceJuly 6, 2016
A new paper explores whether women’s engagement in male dominated activities can improve gender...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJuly 5, 2016
The FSB recently proposed policy recommendations designed to address systemic risks to the financial...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJune 30, 2016
Earlier this week, the staff of the SEC’s Division of Investment Management issued a guidance...
- forum-news-feed/forum-referenceJune 29, 2016
A report from Morningstar predicts that the DOL’s final fiduciary rule will be disruptive to many...
- forum-news-feed/forum-news-and-eventsJune 28, 2016
The webinar will discuss oversight responsibilities of Board members with regard to sub-advisers,...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJune 27, 2016
In testimony before the Senate Banking Committee, SEC Chair Mary Jo White highlighted the...
- forum-news-feed/forum-regulatory-newsJune 23, 2016
BNY Mellon (the “Bank”) and the SEC have settled charges related to the Bank’s handling of certain...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news;member-resources/member-accounting-and-auditJune 22, 2016
The SEC staff has issued no-action relief for situations where an auditor’s independence may be...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJune 21, 2016
On Friday, the SEC approved IEX’s application to become a national securities exchange. SEC Chair...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;member-resources/member-fund-types/member-fixed-incomeJune 20, 2016
Recent research from BlackRock finds that fire sales of bond mutual funds are unlikely in times of...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 16, 2016
According to a recent article in Bloomberg, mutual funds purchased $275 billion worth of high quality...
- forum-news-feed/forum-other-oversight/forum-proxy-votingJune 15, 2016
T. Rowe Price recently announced that the company will pay clients approximately $194 million to...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityJune 14, 2016
Morgan Stanley has agreed to pay $1 million to settle charges with the SEC “related to its...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-news-and-eventsJune 13, 2016
The Forum recently filed a supplemental comment letter on the SEC’s reporting modernization...
- forum-news-feedJune 9, 2016
The managers of the Sequoia Fund recently announced a 20% limit on investments in a single company at a...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJune 8, 2016
Federated agreed to pay a $1.5 million penalty to settle charges stemming from the lack of...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;member-resources/member-portfolio-tradingJune 7, 2016
The SEC and Treasury Department recently announced “that they are working together to explore...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-riskJune 6, 2016
Reuters reports that the GAO is examining whether “financial regulators are doing enough to...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-news-and-eventsJune 3, 2016
In a recent filing, Invesco disclosed that PwC was in “discussions” with the SEC over a rule...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJune 2, 2016
This month, the SEC and other financial regulators proposed rules, required by Dodd-Frank, that would...
- forum-news-feed/forum-other-oversight/forum-distribution;member-resources/member-distributionJune 1, 2016
InvestmentNews reports that FINRA is conducting targeted exams to determine whether brokerage...
- forum-news-feed/forum-news-and-eventsMay 31, 2016
Fund-by-fund review of advisory profitability and economies of scale continue to be pillars of the...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-riskMay 26, 2016
In a recent speech, SEC Chair Mary Jo White provided an update on the status of several recent...
- forum-news-feed/forum-news-and-eventsMay 25, 2016
Join K&L Gates partners Stacy Fuller and Peter Shea as they provide directors with a business...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-referenceMay 24, 2016
A recent New York Times report on corporate board composition shows that efforts to diversify...
- forum-news-feed/forum-board-governance/forum-compensation;member-resources/member-board-governance/member-compensationMay 23, 2016
Management Practice recently released a summary of its 23rd annual director compensation and...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 19, 2016
In a recent blog post, the Department of Treasury summarized the current liquidity conditions in the US...
- forum-news-feed/forum-other-oversight/forum-proxy-votingMay 18, 2016
A Delaware Court recently denied a bid by several T. Rowe Price Funds to dispute the value they...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 17, 2016
The Wall Street Journal reports that Depository Trust and Clearing Corporation has proposed that ...
- forum-news-feed/forum-board-governance/forum-compensation;forum-news-feed/forum-news-and-eventsMay 16, 2016
Management Practice has conducted an annual survey of mutual fund director compensation for over...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsMay 12, 2016
In a recent speech, SEC Commissioner Stein discussed the importance of disclosure to the...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsMay 11, 2016
Over the past year or so, there have been numerous challenges to the constitutionality of the...
- forum-news-feed/forum-referenceMay 10, 2016
A recent report by McKinsey Global Institute urges investors to prepare for significantly lower...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-reference;member-resources/member-board-governanceMay 5, 2016
A recent article by Matt Fink, an Oppenheimer Funds independent director and former president of...
- forum-news-feed/forum-legislative-newsMay 4, 2016
Following on the heels of the Senate, the House of Representatives adopted a resolution to stop the...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 3, 2016
The SEC recently proposed a plan that would create a “single, comprehensive database – a...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 2, 2016
Reuters reports that many asset managers are using derivatives to gain exposure to commercial...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-portfolio-tradingApril 28, 2016
A recent article in Bloomberg highlighted the recent boom in new electronic bond trading...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsApril 27, 2016
Last week, the Secretary of the Commonwealth of Massachusetts filed charges against State Street Global...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 26, 2016
Three Republican Senators introduced a resolution to stop the recent DOL fiduciary rule. Senator Enzi,...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-newsApril 25, 2016
The FSOC recently released an update on its review of the products and activities of the asset...
- forum-news-feed/forum-shareholder-disclosure;member-resources/member-other-oversight/member-shareholder-disclosureApril 21, 2016
The SEC’s Investor Advisory Committee recently recommended that the Commission “explore ways to...
- forum-news-feed/forum-regulatory-newsApril 20, 2016
Treasury Secretary Jack Lew fired back following the DC District Court’s Decision to overturn the...
- forum-news-feed/forum-referenceApril 19, 2016
Sequoia shareholders who redeem more than $250,000 will likely receive stock rather than cash,...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 18, 2016
In late March, DC District Court judge Rosemary M. Collyer overturned the FSOC’s designation of...
- forum-news-feed/forum-regulatory-newsApril 14, 2016
On April 6, the Department of Labor released final rules to expand the “fiduciary” standard to...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news;member-resources/member-riskApril 13, 2016
In remarks at the Mutual Fund Directors Forum’s annual Policy Conference, SEC Chair Mary Jo White...
- forum-news-feed/forum-news-and-eventsApril 12, 2016
Because brokerage commissions are fund assets, fund directors have a responsibility to oversee how...
- forum-news-feed/forum-news-and-events;member-resources/member-cybersecurityApril 11, 2016
The SEC continues to be interested in fund board oversight of cyber-security issues. Join Rajib...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsApril 7, 2016
Today, the Senate Banking Committee will meet in executive session to vote on the nominees for the...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsApril 6, 2016
Last week, the Forum filed a comment letter on the SEC’s derivatives proposal. The proposal would...
- forum-news-feed/forum-board-governance;member-resources/member-board-governanceApril 5, 2016
A recent Wall Street Journal article examined tenure of corporate boards, finding that at least...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsMarch 31, 2016
SEC Chair Mary Jo White recently testified before Congress in support of the $1.781 billion 2017...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news;member-resources/member-riskMarch 30, 2016
A brief statement from the FSOC announced that the Council continues to examine the risks related to...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;member-resources/member-portfolio-trading;member-resources/member-regulatory-newsMarch 29, 2016
The SEC recently set a June 18, 2016 deadline to rule on IEX’s application for registration as a...
- forum-news-feed/forum-reference;member-resources/member-referenceMarch 28, 2016
Research by American Funds shows that low fees and portfolio manager ownership of the fund...
- forum-news-feed/forum-news-and-eventsMarch 24, 2016
SEC Chair Mary Jo White will give keynote remarks at the Forum’s Policy Conference on March 29 in...
- forum-news-feed/forum-reference;member-resources/member-referenceMarch 23, 2016
According to new research from the ICI, the expense ratios for equity, bond, and hybrid funds...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news;member-resources/member-riskMarch 22, 2016
Last week, the director of the SEC’s Division of Investment Management, David Grim, outlined the recent...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news;member-resources/member-risk;member-resources/member-cybersecurityMarch 21, 2016
In a recent speech, Director of the SEC’s Division of Investment Management David Grim outlined...
- forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-newsMarch 18, 2016
The CFTC’s Office of the Inspector General (OIG) recently released a report highlighting issues of...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-newsMarch 17, 2016
Federal Reserve Governor Lael Brainard in a recent speech acknowledged “the role of regulation as a...
- forum-news-feed/forum-regulatory-newsMarch 16, 2016
The SEC last week announced the creation of the Office of Risk and Strategy within the Office of...
- forum-news-feed/forum-riskMarch 15, 2016
A new paper examines the decline of small IPOs in the late 1990s and suggests that the changing...
- forum-news-feed/forum-regulatory-newsMarch 14, 2016
In a recent speech, Director of the SEC’s Division of Investment Management David Grim stated...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;forum-news-feed/forum-shareholder-disclosure;member-resources/member-regulatory-news;member-resources/member-risk;member-resources/member-other-oversight/member-shareholder-disclosureMarch 11, 2016
The SEC’s Division of Investment Management released new guidance this week to remind “mutual...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;member-resourcesMarch 10, 2016
The Senate Banking Committee announced this week that it would hold a hearing on March 15 to...
- forum-news-feed/forum-board-governance;forum-news-feed/webinarsMarch 9, 2016
Today’s independent fund directors confront a number of substantive fund-related risks from...
- March 8, 2016
Morningstar announced last week that it launched a new Sustainability Rating to help investors...
- forum-news-feed/forum-other-oversight/forum-fixed-income-fundsMarch 7, 2016
A new post from economists at the New York Fed seeks to identify funds vulnerable to runs and to...
- forum-news-feed/forum-other-oversight/forum-distributionMarch 4, 2016
In a recent filing, William Blair announced that it had received a Wells notice from the SEC...
- March 3, 2016
In the latest chapter in Northstar Financial Advisers v. Schwab Investments, a district court last week...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/webinarsMarch 2, 2016
Recent years have seen a proliferation of new trading venues where mutual funds execute their...
- forum-news-feed/forum-other-oversight/forum-proxy-votingMarch 1, 2016
A new report takes mutual funds to task for “rubber stamping” executive pay plans through...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/webinarsFebruary 29, 2016
The SEC’s recent release of guidance on fund distribution and sub-accounting fees updates prior...
- forum-news-feed/forum-etfsFebruary 26, 2016
A new paper examines the use of ETFs by actively managed funds and finds mixed results based on...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsFebruary 25, 2016
SEC Commissioner Kara Stein worried in a recent speech that increasing complexity of ETFs “makes...
- forum-news-feed/forum-regulatory-newsFebruary 24, 2016
Last week, SEC Chair Mary White said that the Commission “will continue to work to develop support...
- forum-news-feed/forum-riskFebruary 23, 2016
A new blog post from economists at the New York Federal Reserve challenges the “conventional...
- forum-news-feed/forum-regulatory-newsFebruary 22, 2016
A recent article from Bloomberg suggests that the SEC’s recent liquidity and derivatives proposals...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-newsFebruary 19, 2016
Representatives from BlackRock met with SEC staff at the end of January regarding the SEC’s...
- forum-news-feed/forum-regulatory-newsFebruary 18, 2016
In a recent hearing in MetLife’s challenge to its FSOC systemically important financial...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-risk;forum-news-feed/webinarsFebruary 17, 2016
During one week in August 2015, a major disruption of a fund accounting system impacted the...
- forum-news-feed/forum-legislative-newsFebruary 16, 2016
Under President Obama’s recently released fiscal 2017 budget, the SEC would see an 11 percent...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-fixed-income-fundsFebruary 12, 2016
The IMF suggests that limited disclosure by funds about the risks of derivatives has left...
- February 11, 2016
A Wall Street Journal article highlights the trend of decreasing fees in mutual funds. The article...
- forum-news-feed/forum-etfsFebruary 10, 2016
At a recent ETF conference, Vanguard CEO Bill McNabb recently called on his competitors to stop launching...
- forum-news-feed/forum-board-governanceFebruary 9, 2016
David Katz, a partner at Wachtell, Lipton, Rosen & Katz, suggests that board candidates “have much to...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingFebruary 8, 2016
A recently released report from the SEC’s Division of Trading and Markets reviews issues of stop...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;member-resources/member-portfolio-tradingFebruary 5, 2016
In a recent meeting, several members of the SEC’s Equity Market Structure Advisory Committee...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-other-oversight/forum-proxy-votingFebruary 4, 2016
In a recent letter to his hedge fund shareholders, Pershing Square founder Bill Ackman examines the...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsFebruary 3, 2016
The SEC announced this week that it had settled charges against Barclays and Credit Suisse for...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/webinarsFebruary 2, 2016
In December 2015, the SEC issued a long-awaited proposal regarding fund use of derivatives. The...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingFebruary 1, 2016
In an op-ed for Bloomberg, Larry Tabb (Founder and CEO of Tabb Group) notes that “the widespread...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJanuary 29, 2016
The Office of Financial Research recently released an analysis of data collected on the bilateral...
- newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-fixed-income-fundsJanuary 28, 2016
The Treasury Department published a notice last week to solicit comments on “changes in Treasury...
- forum-news-feed/forum-legislative-newsJanuary 26, 2016
Last month, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (“PATH...
- forum-news-feed/forum-regulatory-newsJanuary 25, 2016
The SEC recently announced that Equinox Fund Management agreed to settle charges related to...
- forum-news-feed/forum-regulatory-newsJanuary 22, 2016
The SEC recently announced that it had awarded $700,000 to a whistleblower “who conducted a...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJanuary 21, 2016
The exchange application of IEX has stoked an ongoing debate over the health of the equity...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJanuary 20, 2016
The Wall Street Journal reports that the Federal Reserve is looking to adjust margin requirements...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJanuary 19, 2016
Last week, the Forum submitted a comment letter to the SEC in response to the proposal to address...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-newsJanuary 15, 2016
The decision to liquidate a high-yield bond fund by Third Avenue Management last month prompted...
- forum-news-feed/forum-regulatory-newsJanuary 14, 2016
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination...
- forum-news-feed/forum-risk;forum-news-feed/webinarsJanuary 13, 2016
Regulators are increasingly focused upon market participants’ ability to effectively manage...
- January 12, 2016
A new study released by Fidelity finds that “people are saving more and investing more...
- forum-news-feed/forum-legislative-newsJanuary 11, 2016
Tomorrow at 2pm, Tim Jenkins and Shelby Hagneauer of Nossaman LLP will discuss the 2016 outlook...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-news;member-resources/member-distributionJanuary 8, 2016
The SEC’s Division of Investment Management recently released a Guidance Update entitled Mutual...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJanuary 7, 2016
The Office of Financial Research recently released its 2015 Financial Stability Report which finds that...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-portfolio-tradingJanuary 6, 2016
The SEC’s Division of Trading and Markets recently released an analysis of the volatility in...
- forum-news-feed/forum-regulatory-newsJanuary 5, 2016
The SEC recently issued a concept release that solicits comments on the need for new requirements...
- forum-news-feed/forum-other-oversight/forum-distributionJanuary 4, 2016
In a recent paper, Barrington Partners offers an in-depth look into the NAV issues experienced by...
- forum-news-feed/forum-regulatory-newsDecember 23, 2015
In a recent speech, Director of the Division of Investment Management David Grim highlighted the...
- forum-news-feed/forum-accounting-and-auditDecember 22, 2015
A recent paper examines the effect of an investment company retaining the same auditor used by its...
- forum-news-feed/forum-board-governanceDecember 21, 2015
A recent paper examines the ubiquitous practice of a common set of directors serving at the board...
- December 18, 2015
Yesterday, State Street announced that it initiated a review of “the manner in which it invoiced...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsDecember 17, 2015
The Investment Industry Regulatory Organization of Canada (IIROC) announced recently that it had completed...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsDecember 16, 2015
The SEC’s Department of Economic and Risk Analysis released a study examining registered...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-distributionDecember 15, 2015
In a letter to shareholders released last week, Third Avenue Management announced that the board...
- forum-news-feed/forum-regulatory-newsDecember 14, 2015
Last Friday, the SEC voted 3-1 to propose a new rule related to the use of derivatives by mutual...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingDecember 11, 2015
Morningstar Director of Manager Research Russel Kinnel developed a measure he believes can start...
- December 10, 2015
Two new scholarly articles examine the effect of the public media coverage on mutual funds. In one...
- forum-news-feed/forum-valuationDecember 9, 2015
In a recent post for Fund Board Views, former Director of the SEC’s Division of Investment...
- forum-news-feed/forum-valuation;forum-news-feed/webinarsDecember 8, 2015
Join Paul Kraft, the head of Deloitte’s US Mutual Fund and Investment Adviser practice, tomorrow at...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsDecember 7, 2015
The SEC announced last Friday that it would hold a meeting on December 11 to “consider whether to...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsDecember 4, 2015
Several existing exchanges are engaged in a heated debate with upstart Investors’ Exchange, LLC...
- forum-news-feed/forum-shareholder-disclosureDecember 3, 2015
Columnist Chuck Jaffe issued his holiday wish list for the fund world. According to Jaffe, “[t]he mutual...
- December 2, 2015
The Securities Industry and Financial Markets Association (SIFMA) recently released key findings...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/webinarsDecember 1, 2015
This webinar will focus on the unique board oversight challenges associated with alternative...
- forum-news-feed/forum-board-governanceNovember 30, 2015
In a recent speech, SEC Chair Mary Jo White addressed gender disparity in the boardroom. She...
- November 25, 2015
In an op-ed for the Wall Street Journal, Norm Champ, former Director of the SEC’s Division of...
- November 24, 2015
The Wall Street Journal reports that the SEC is focusing on funds’ procedures for valuing holdings in...
- forum-news-feed/forum-regulatory-newsNovember 23, 2015
The SEC announced a settlement with Virtus Investment Advisers over allegations that it “misled mutual...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsNovember 20, 2015
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert after conducting a series...
- November 19, 2015
A new paper finds that “mutual fund flows give an indication on investor risk tolerance and can...
- forum-news-feed/webinarsNovember 18, 2015
Increasingly, fund directors are being named or subpoenaed in lawsuits by private plaintiffs and...
- November 17, 2015
Recent risk alerts from the SEC’s Office of Compliance Inspections and Examinations and remarks...
- forum-news-feed/forum-valuation;forum-news-feed/webinarsNovember 16, 2015
There has been steady growth in the adoption of Sustainable and Responsible Investment (SRI)...
- November 13, 2015
The Department of Justice this week announced that it had unsealed charges against Gery Shalon,...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskNovember 12, 2015
In a recent meeting, the FSOC discussed it ongoing analysis in six categories of potential risk...
- forum-news-feed/forum-regulatory-newsNovember 10, 2015
In an op-ed, Patrick Pinschmidt, the Deputy Assistant Secretary for the FSOC, argued that recent...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsNovember 9, 2015
In recent speeches, SEC officials Andrew Ceresney and Buddy Donohue sought to assure and offer...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingNovember 6, 2015
A jury in Chicago convicted commodities trader Michael Coscia of six counts of commodities fraud and...
- forum-news-feed/forum-riskNovember 5, 2015
Last week, two independent directors of the Sequoia Fund resigned due to what the Wall Street...
- forum-news-feed/forum-risk;forum-news-feed/webinarsNovember 4, 2015
Daily liquidity is a key feature of mutual funds, and the ability to pay shareholder redemption...
- forum-news-feed/forum-regulatory-newsNovember 3, 2015
Executives from the NYSE, NASDAQ, and Charles Schwab sent a letter to the SEC raising concerns about...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/webinarsNovember 2, 2015
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
- forum-news-feed/forum-regulatory-newsOctober 30, 2015
The SEC last week announced a summary of enforcement statistics and actions for the past year. In...
- forum-news-feed/forum-regulatory-newsOctober 29, 2015
In a recent speech, CFTC Chair Timothy Massad discussed his views on “flash events” such as the...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/webinarsOctober 28, 2015
John Russo and John Schneider of KPMG, and Rick Sennett of Legg Mason, will discuss current...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsOctober 27, 2015
In a recent speech, SEC Chair Mary Jo White suggested that equity market regulation could provide a...
- forum-news-feed/forum-riskOctober 26, 2015
The Depository Trust and Clearing Corporation (DTCC) recently issued a whitepaper explaining the...
- forum-news-feed/forum-board-governanceOctober 23, 2015
SEC Commissioner Luis Aguilar highlighted the important work of boards and principles of good...
- forum-news-feed/forum-riskOctober 22, 2015
Credit rating agency Fitch Ratings recently suggested that the SEC’s liquidity management proposal “could...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsOctober 21, 2015
The White House yesterday nominated Hester Peirce and Lisa Fairfax to serve on the Securities and...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsOctober 20, 2015
The SEC announced a settlement with two UBS advisory firms for failing to disclose a change in the...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsOctober 19, 2015
SEC Commissioner Luis Aguilar urged a review of ETFs in a recent speech to the SEC’s Investor Advisory...
- forum-news-feed/forum-valuationOctober 16, 2015
Deloitte’s most recent annual Fair Valuation Pricing Survey found that “the mutual fund industry...
- October 15, 2015
In the latest chapter of the fallout of portfolio manager Bill Gross’s exit from PIMCO, Gross is...
- forum-news-feed/forum-regulatory-newsOctober 14, 2015
According to the Wall Street Journal, the SEC is “quietly” reducing its use of administrative...
- forum-news-feed/forum-regulatory-newsOctober 13, 2015
In a forthcoming article in the Cornell Law Review, Urska Velikonja argues that the SEC’s...
- forum-news-feed/forum-regulatory-newsOctober 9, 2015
In explaining the need for its recent released liquidity proposal, the SEC relied heavily on...
- forum-news-feed/forum-regulatory-newsOctober 8, 2015
The SEC’s new liquidity proposal would allow open-end funds (other than ETFs and money-market...
- forum-news-feed/forum-regulatory-newsOctober 7, 2015
The SEC’s new liquidity proposal would require open-end funds (including open-end ETFs but...
- October 6, 2015
The Supreme Court yesterday denied the petition for review in Schwab Investments, et al. v....
- forum-news-feed/forum-regulatory-newsOctober 5, 2015
In a speech commemorating the 75th anniversary of the Investment Company and Investment Advisers...
- forum-news-feed/forum-regulatory-newsOctober 2, 2015
The SEC recently issued two proposals to amend the rules that govern its administrative...
- forum-news-feed/forum-valuation;forum-news-feed/webinarsOctober 1, 2015
Recent volatility and trading suspensions in the U.S. markets and abroad have caused valuation...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/webinarsSeptember 30, 2015
The SEC has been focusing for some time on payments from fund assets for what it has termed...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsSeptember 29, 2015
In a recent speech, CFTC Commissioner Sharon Bowen offered suggestions for how her agency can...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 28, 2015
Investors Exchange LLC recently filed an application with the SEC to become an official exchange....
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsSeptember 25, 2015
SEC Chair Mary Jo White added her support recently to industry efforts to move to a two-day...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 24, 2015
Dick Grasso, the former CEO and a 35-year veteran of the NYSE, recently suggested that the U.S....
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskSeptember 23, 2015
The SEC yesterday issued a proposal to address liquidity management in open-end funds. The proposal...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsSeptember 22, 2015
In the first settlement from the SEC’s so-called “Distribution in Guise” initiative, First Eagle...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 21, 2015
A new report reviews recent regulatory actions against dark pools and offers some lessons for...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsSeptember 18, 2015
Earlier this week, the SEC voted to adopt rule amendments eliminating references to credit ratings...
- forum-news-feed/forum-regulatory-newsSeptember 17, 2015
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a risk alert this week...
- forum-news-feed/forum-regulatory-newsSeptember 16, 2015
In a recent speech, CFTC Chair Tim Massad laid out the agency’s priorities. Massad highlighted the...
- forum-news-feed/forum-regulatory-newsSeptember 15, 2015
The SEC is expected to vote next week on new proposed rules to allow the use of “swing pricing”...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 14, 2015
Additional details are coming to light regarding the pricing issues recently experienced by BNY...
- forum-news-feed/forum-regulatory-newsSeptember 11, 2015
This week, the Forum submitted a comment letter to the SEC in response to a concept release...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 10, 2015
In April 2004, the SEC implemented a requirement for funds to disclose the level of ownership of...
- forum-news-feed/forum-regulatory-newsSeptember 9, 2015
SEC Commissioner Dan Gallagher announced last week that he will leave the Commission no later than...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 8, 2015
Market volatility over the past two weeks is prompting calls for a review of several rules...
- forum-news-feed/forum-other-oversightSeptember 4, 2015
Last week, the National Futures Association submitted a proposed Interpretive Notice to the CFTC...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsSeptember 3, 2015
The National Society of Compliance Professionals recently submitted a letter to SEC Director of...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 2, 2015
Last week a federal district court judge dismissed a suit alleging that several exchanges and a...
- forum-news-feed/forum-shareholder-disclosureSeptember 1, 2015
Last week, the Forum filed a “friend of the court” brief urging the Supreme Court to review the...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingAugust 31, 2015
A new report from the Tabb Group finds that slow systems at dark pools may be costing pool...
- August 28, 2015
The DC Court of Appeals rejected a challenge by the New York Republican State Committee and the...
- forum-news-feed/forum-valuationAugust 27, 2015
An issue with a system used by Bank of New York Mellon is causing NAV challenges across the...
- forum-news-feed/forum-other-oversight/forum-proxy-votingAugust 26, 2015
Bob Pozen is calling for institutional investors to step up to counter the influence of activist...
- forum-news-feed/forum-other-oversight/forum-distributionAugust 25, 2015
A new report shows that average fund expenses in 401(k) plans are continuing a downward trend. The...
- forum-news-feed/forum-other-oversight/forum-distributionAugust 24, 2015
A new study suggests the presence of bias in the investment options offered to 401(k) plan...
- August 21, 2015
Morningstar recently announced that it will add a new environmental, social, and governance rating...
- forum-news-feed/forum-regulatory-newsAugust 20, 2015
A new report highlights inadequate staffing at the CFTC and finds that its “rule enforcement...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsAugust 19, 2015
The SEC settled charges with ITG last week that the company “operated a secret trading desk and...
- forum-news-feed/forum-regulatory-newsAugust 18, 2015
A federal court in New York last week found that the SEC’s process for appointing administrative law...
- forum-news-feed/forum-regulatory-newsAugust 17, 2015
Last week, the Forum submitted a comment letter to the SEC regarding proposed amendments to...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingAugust 14, 2015
Norges Bank Investment Management, the manager of the $880 billion Government Pension Fund of...
- forum-news-feed/forum-regulatory-newsAugust 13, 2015
Commissioner Luis Aguilar released a statement this week urging the Commission to take care to be as...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsAugust 12, 2015
The Department of Labor this week is holding a series of hearings to discuss its fiduciary rule...
- forum-news-feed/forum-advisory-contractsAugust 11, 2015
The Seventh Circuit Court of Appeals recently added the likely final chapter in the Jones v....
- forum-news-feed/forum-regulatory-newsAugust 10, 2015
The SEC adopted a controversial pay ratio disclosure rule last week in a 3-2 vote. The rule,...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-newsAugust 7, 2015
In recent remarks, officials from the Treasury Department and Federal Reserve suggested that...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsAugust 6, 2015
The IMF criticizes the regulatory treatment of money market funds and offers several...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationAugust 5, 2015
PIMCO announced Monday that it received a Wells Notice from the staff of the SEC regarding its...
- forum-news-feed/forum-regulatory-newsAugust 4, 2015
The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness recently released a...
- forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsAugust 3, 2015
SEC Commissioner Luis Aguilar in a recent statement called for the SEC to spearhead an...
- forum-news-feed/forum-regulatory-newsJuly 31, 2015
The DOL is facing continued scrutiny of its fiduciary rule proposal, and after receiving 825...
- forum-news-feed/forum-regulatory-newsJuly 30, 2015
Agencies involved with the implementation of the Volcker Rule recently released guidance relating...
- forum-news-feed/webinarsJuly 29, 2015
Earlier this year, the 9th circuit ruled that directors can be sued directly by shareholders for...
- forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 28, 2015
Douglas Elliott, a fellow at the Brookings Institution, offers a view into the current state of...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 27, 2015
NASDAQ and NYSE announced a plan to “create a more resilient market by providing an additional...
- forum-news-feed/forum-regulatory-newsJuly 24, 2015
SEC Chair Mary Jo White marked the five year anniversary of the Dodd-Frank Act last week with a statement...
- forum-news-feed/forum-regulatory-newsJuly 23, 2015
At a recent British Treasury Select Committee hearing, Chair of the Financial Stability Board...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-news;forum-news-feed/webinarsJuly 22, 2015
In July 2014 the Securities and Exchange Commission adopted amendments to its money market fund...
- forum-news-feed/forum-riskJuly 21, 2015
Parveen P. Gupta and Tim Leech predict that oversight of “risk culture” will continue to rise in...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 20, 2015
At a meeting of the SEC’s Investor Advisory Committee, Department of Labor Deputy Assistant...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsJuly 17, 2015
SEC Chair Mary Jo White said in a speech this week that “it is not [the SEC’s] intention to use...
- forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsJuly 16, 2015
Massachusetts Secretary of the Commonwealth William Gavin announced that he has launched an...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 15, 2015
The U.S. Department of Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve...
- forum-news-feed/forum-accounting-and-auditJuly 14, 2015
The SEC issued a concept release last week seeking comment on audit committee disclosures. The...
- forum-news-feed/forum-accounting-and-auditJuly 13, 2015
The PCAOB issued a concept release requesting comment on audit quality indicators (AQIs) last...
- forum-news-feed/forum-regulatory-newsJuly 10, 2015
The Division of Investment Management issued a no-action letter recently waiving investment...
- July 9, 2015
Lord Abbett and BlackRock both recently filed applications with the SEC to implement a program...
- forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-newsJuly 8, 2015
In a recent public statement, Commissioner Daniel Gallagher continued his call for “the...
- forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 7, 2015
A financial industry consortium recently announced a timeline for a proposed move to a two-day...
- forum-news-feed/forum-board-governanceJuly 6, 2015
Morningstar recently released its second annual U.S. Mutual Fund Industry Stewardship Survey. The...
- forum-news-feed/forum-accounting-and-auditJuly 2, 2015
The SEC yesterday fined Deloitte & Touche after concluding that a business relationship between a...
- forum-news-feed/forum-money-market-fundsJuly 1, 2015
The Federal Reserve Bank of New York announced that additional time will be required to complete the
- forum-news-feed/forum-other-oversight/forum-proxy-votingJune 30, 2015
In a recent speech, Vanguard Chair and CEO William McNabb III shed light on the firm’s view of...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-referenceJune 29, 2015
Eric Roiter, a lecturer at Boston University School of Law and former Senior Vice President and...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsJune 26, 2015
The SEC’s Office of Compliance Inspection and Examinations announced a multi-year initiative...
- forum-news-feed/forum-advisory-contractsJune 25, 2015
This week the board of the closed-end Vertical Capital Income Fund announced that it had fired the fund’s...
- forum-news-feed/forum-regulatory-newsJune 24, 2015
The International Organization of Securities Commissions (IOSCO) indicated last week that it would adopt...
- forum-news-feed/forum-regulatory-newsJune 23, 2015
The ICI released a series of articles noting issues with a chapter in the IMF’s Global Financial...
- June 22, 2015
Commissioners Luis Aguilar and Daniel Gallagher recently issued a public statement calling for the SEC...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJune 19, 2015
Six former SEC chairs defended current SEC Chair Mary Jo White in the face of criticism from...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-newsJune 18, 2015
The SEC announced yesterday that it had settled charges against an investment adviser and board...
- forum-news-feed/forum-regulatory-newsJune 17, 2015
Commissioner Kara Stein focused her remarks on the effect of the Investment Company Act on retail...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-news;forum-news-feed/webinarsJune 16, 2015
The SEC’s securities lending sweep, the Dodd-Frank Act, and other regulatory developments have all...
- forum-news-feed/forum-etfsJune 15, 2015
The SEC last week released a request for comment on the listing and trading of Exchange Traded...
- forum-news-feed/forum-closed-end-funds;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsJune 12, 2015
FINRA recently published an interpretive letter that permits the use of “Related Performance...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-newsJune 11, 2015
A real estate developer fighting an administrative proceeding by the SEC scored an early victory...
- forum-news-feed/forum-legislative-newsJune 10, 2015
Senator Elizabeth Warren sent a 13-page letter to SEC Chair Mary Jo White last week, calling her...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJune 9, 2015
A new article from Morningstar highlights the small number of women serving as portfolio managers. It...
- forum-news-feed/forum-regulatory-newsJune 8, 2015
Several commenters urged the Financial Stability Board to rethink the approach outlined in its consultative...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingJune 5, 2015
Jonathan Macey, a Yale law professor, and David Swensen, Yale’s Chief Investment Officer,...
- forum-news-feed/forum-regulatory-newsJune 3, 2015
“What really matters is an awareness of how greed and fear can drive rational people to behave in...
- forum-news-feed/forum-legislative-newsJune 2, 2015
In a letter to Treasury Secretary Jack Lew, Representative Jeb Hensarling, Chair of the House...
- forum-news-feed/forum-regulatory-newsMay 27, 2015
The Department of Labor recently announced that it would extend the comment period for the...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-other-oversight;forum-news-feed/webinarsMay 26, 2015
Fund-by-fund review of adviser profitability remains a pillar of the “Gartenberg” contract renewal...
- May 22, 2015
This week, the SEC unanimously proposed amendments to certain reporting requirements for...
- forum-news-feed/forum-other-oversightMay 21, 2015
A new study from Morningstar shows that expense ratios are dropping. The study shows that...
- forum-news-feed/forum-legislative-newsMay 20, 2015
Senator Richard Shelby, Chair of the Senate Committee on Banking, Housing, and Urban Affairs...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 19, 2015
Harvey Pitt, former SEC Chair, takes a stab at forecasting the future of stock exchanges in a...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationMay 18, 2015
The SEC announced yesterday that it settled charges against Nationwide Life Insurance Company over...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMay 15, 2015
Last week, the SEC approved a proposal with modifications for a two-year program to study the...
- forum-news-feed/forum-regulatory-newsMay 14, 2015
Last week, the SEC released guidance detailing the Division of Enforcement’s approach in selecting a...
- forum-news-feed/forum-regulatory-newsMay 13, 2015
SEC Commissioner Dan Gallagher will soon resign, according to a report from Bloomberg. The...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lendingMay 12, 2015
A new report from the Office of Financial Research offers a brief overview of the repo and...
- May 11, 2015
Last Friday, the SEC named David Grim the Director of the Division of Investment Management. Grim...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-compensation;forum-news-feed/webinarsMay 11, 2015
Management Practice has conducted an annual survey of mutual fund director compensation for over...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionMay 8, 2015
ETFs are seeing significant growth vis-à-vis mutual funds, according to new data from Broadridge...
- forum-news-feed/forum-regulatory-newsMay 7, 2015
According to Jesse Kanach, asset management can be boiled down to three principal aspects:...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesMay 6, 2015
In a recent article for FINalternatives, Forum President and CEO Susan Wyderko, reminds advisers...
- forum-news-feed/forum-regulatory-news;member-resources/member-cybersecurityMay 5, 2015
The SEC’s Division of Investment Management released guidance last week that addresses issues of...
- May 4, 2015
Ernst & Young’s annual Mutual Fund Seminar series kicks off in New York on May 13, 2015. The event...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 1, 2015
A new report from Norges Bank Investment Management, an asset manager responsible for managing the...
- forum-news-feed/forum-regulatory-newsApril 30, 2015
The Volcker Alliance, an organization launched in 2013 by former Fed Chair Paul Volcker, released...
- forum-news-feed/forum-regulatory-newsApril 29, 2015
Last week, UK authorities arrested Navinder Singh Sarao, a futures trader that the CFTC claims may...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsApril 28, 2015
The Division of Investment Management released a set of 53 Frequently Asked Questions last week...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news;forum-news-feed/webinarsApril 27, 2015
The SEC settled a case last week against Kornitzer Capital Management (“KCM”), adviser to the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesApril 24, 2015
Dechert’s Financial Services group is hosting a Global Alternative Funds Symposium on Wednesday,...
- newsroom/valuation;forum-news-feed/forum-regulatory-newsApril 23, 2015
The SEC released a two-question set of Frequently Asked Questions related to the valuation...
- forum-news-feed/forum-regulatory-newsApril 22, 2015
The SEC recently charged BlackRock Advisors LLC and its former CCO with violations relating to...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsApril 21, 2015
Global banking regulators are pushing industry groups to make changes to the standard contracts...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 20, 2015
The latest version of the International Monetary Fund’s Global Financial Stability Report includes a chapter...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-news-and-eventsApril 17, 2015
The Forum recently released a paper titled The Board/CCO Relationship, which provides significant...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-newsApril 16, 2015
The Department of Labor issued a proposal on Tuesday for its long-awaited fiduciary rule. The...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 15, 2015
Jay Baris and Andrew Donohue review the 75-year history of investment company and investment...
- forum-news-feed/forum-valuation;forum-news-feed/webinarsApril 14, 2015
The SEC’s recent release adopting amendments to money market funds contained new guidance for...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 13, 2015
A new study from Strategic Insight asserts that “mutual funds and their management companies have...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 10, 2015
The Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing on “FSOC...
- forum-news-feed/forum-regulatory-newsApril 9, 2015
SEC Chair Mary Jo White recently suggested that the Comission should “implement a uniform...
- forum-news-feed/forum-regulatory-newsApril 8, 2015
In a recent speech, SEC Commissioner Luis Aguilar reflected on his tenure and offered some...
- forum-news-feed/forum-regulatory-newsApril 7, 2015
The SEC’s chief economist, Mark Flannery, suggested in recent remarks that by taking a narrow view and...
- forum-news-feed/forum-etfsApril 6, 2015
Morgan Stanley Wealth Management plans to sell data regarding ETF sales by its financial advisers...
- forum-news-feed/forum-etfsApril 3, 2015
Vanguard Founder John Bogle thinks that active mutual funds are “fat, dumb and happy,” according...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingApril 2, 2015
A new article from Morningstar’s Russel Kinnel suggests that the greater the portfolio manager’s...
- forum-news-feed/forum-regulatory-newsApril 1, 2015
The Forum submitted a comment letter in response to the FSOC’s request for comment on the systemic...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/webinarsMarch 31, 2015
At 2pm EST tomorrow, the Forum will host a webinar exploring recent asset flow and performance...
- forum-news-feed/webinarsMarch 30, 2015
At 2pm EST tomorrow, the Forum will host a webinar to discuss what diversity concepts mean to a...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsMarch 27, 2015
The SEC proposed amendments that would narrow an exemption from FINRA registration for certain...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsMarch 26, 2015
The SEC plans to launch a second round of cybersecurity exams this summer, according to ThinkAdvisor....
- forum-news-feed/forum-regulatory-newsMarch 25, 2015
In How Foreigners Became America’s Financial Regulators, a provocatively-titled piece for the Wall...
- forum-news-feed/forum-etfsMarch 24, 2015
A new report from PwC examines the current impact of ETFs and seeks to predict the 2020 market....
- forum-news-feed/forum-regulatory-newsMarch 23, 2015
On Wednesday, an SEC administrative judge found that Charles Yancey of Penson Financial Services...
- forum-news-feed/forum-regulatory-newsMarch 20, 2015
In a recent speech, SEC Commissioner Michael Piwowar identified the irony that prudential...
- forum-news-feed/forum-regulatory-newsMarch 19, 2015
The CFTC’s director of enforcement, Aitan Goelman, indicated that the agency plans to begin...
- March 18, 2015
Germany last week passed a law that will require that women fill at least 30 percent of board...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMarch 17, 2015
On February 2, Nasdaq lowered exchange fees and rebates in 14 stocks in an experiment to “generate...
- forum-news-feed/forum-money-market-fundsMarch 16, 2015
A new survey of money market fund managers and institutional investors conducted by Citigroup...
- forum-news-feed/forum-legislative-newsMarch 13, 2015
Representative Stephen Lynch (MA-08) introduced a bill recently that would have the SEC conduct a...
- forum-news-feed/forum-regulatory-newsMarch 12, 2015
The Financial Stability Board, in consultation with the International Organization of Securities...
- forum-news-feed/forum-regulatory-newsMarch 11, 2015
In a recent speech, the co-chief of the Division of Enforcement’s asset management unit, Julie...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsMarch 10, 2015
The SEC recently approved a rule change for NASDAQ that would allow for the listing of “paired...
- forum-news-feed/forum-regulatory-newsMarch 9, 2015
In a recent speech, Federal Reserve Governor Daniel Tarullo argued that “we are all...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMarch 6, 2015
A new report from the Tabb Group examines challenges in the fixed income markets. The report...
- forum-news-feed/forum-regulatory-newsMarch 5, 2015
SEC Commissioner Dan Gallagher recently highlighted the aggregate impact of post Dodd-Frank...
- forum-news-feed/forum-board-governanceMarch 4, 2015
Sullivan & Cromwell highlights some potential legal issues with the prominent use of electronic board...
- forum-news-feed/forum-regulatory-newsMarch 3, 2015
New York’s Attorney General, Eric Schneiderman, is asking the New York legislature to implement a...
- forum-news-feed/forum-regulatory-newsMarch 2, 2015
The Division of Investment Management released guidance recently regarding the acceptance of gifts by...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsFebruary 27, 2015
The Federal Reserve Board’s most recent semi-annual Monetary Policy Report raises old concerns...
- forum-news-feed/forum-regulatory-newsFebruary 26, 2015
SEC Commissioner Michael Piwowar offered several criticisms the SEC in a recent speech at SEC Speaks,...
- forum-news-feed/forum-shareholder-disclosureFebruary 25, 2015
Morningstar’s Paul Ellenbogen laments the difficulty investors face when trying to compare fund...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-tradingFebruary 24, 2015
Bloomberg reports that the head of the complex financial instruments group in the SEC’s...
- February 23, 2015
In an article for the Connecticut Law Review, an attorney for the Commodity Futures Trading...
- forum-news-feed/forum-riskFebruary 20, 2015
Writing in a Q&A format for a recent issue of The Corporate Board, risk expert Charles Fishkin...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsFebruary 19, 2015
Water Island Capital, an adviser to several alternative funds, agreed to pay $50,000 to settle SEC...
- forum-news-feed/forum-regulatory-newsFebruary 18, 2015
SEC Commissioners Gallagher and Piwowar recently issued a dissent to the SEC’s rulemaking process...
- forum-news-feed/forum-regulatory-newsFebruary 17, 2015
In a recent op-ed in the Wall Street Journal, Peter Wallison expressed his concerns about the...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureFebruary 13, 2015
In a recent speech, SEC Commissioner Aguilar discussed investors’ need for disclosure about their...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-newsFebruary 12, 2015
The SEC recently announced that it will hold a roundtable on February 19 “to explore ways to...
- forum-news-feed/forum-regulatory-newsFebruary 11, 2015
In a recent speech, Federal Reserve Governor Dan Tarullo identified liquidity and redemption...
- forum-news-feed/forum-regulatory-newsFebruary 10, 2015
In a recent speech, CFTC Commissioner J. Christopher Giancarlo criticized the CFTC’s swaps...
- forum-news-feed/forum-regulatory-newsFebruary 9, 2015
Last week, the SEC’s Office of Compliance Inspections and Examinations issued a risk alert...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingFebruary 6, 2015
The answer to the question “How fast should a security trade?” is apparently “0.2 to 0.9 seconds”...
- February 5, 2015
A new paper finds evidence that “voters’ interests drive political pressure on SEC...
- forum-news-feed/forum-regulatory-newsFebruary 4, 2015
SEC Chair Mary Jo White directed SEC staff to review Rule 14a-8(i)(9) of the Exchange Act, which allows...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingFebruary 3, 2015
A group of asset managers recently announced the creation of Luminex Trading & Analytics, a dark...
- forum-news-feed/forum-regulatory-newsFebruary 2, 2015
MetLife filed suit recently to challenge the FSOC’s designation of the company as a nonbank SIFI....
- forum-news-feed/forum-regulatory-newsJanuary 30, 2015
At an open meeting last week, the Financial Stability Oversight Council (FSOC) discussed changes...
- forum-news-feed/forum-regulatory-newsJanuary 29, 2015
The SEC recently announced that it has formed an Equity Market Structure Advisory Committee in order...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-newsJanuary 28, 2015
UBS Securities agreed last week to pay more than $14.4 million to settle charges with the SEC that it...
- January 27, 2015
In a new column, Scott Cooley, Director of Policy Research for Morningstar, highlights the...
- forum-news-feed/forum-reference;forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJanuary 26, 2015
In a Forum webinar tomorrow, Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the...
- forum-news-feed/forum-etfsJanuary 23, 2015
Precidian Investments filed a revised exemptive application with the SEC that, if granted, would allow...
- forum-news-feed/forum-regulatory-newsJanuary 22, 2015
The SEC announced yesterday that Norm Champ is leaving his position as the director of the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJanuary 21, 2015
Two exchanges formerly owned by Direct Edge, EDGA and EDGX, agreed this week to pay $14 million to...
- forum-news-feed/forum-regulatory-newsJanuary 20, 2015
The examination request list that the SEC is using for the ongoing bond sweep asks for “[t]he most...
- forum-news-feed/forum-regulatory-newsJanuary 16, 2015
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination Priorities...
- forum-news-feed/forum-etfsJanuary 15, 2015
Recent research released by the Federal Reserve Board finds that leveraged ETFs pose much less of...
- January 14, 2015
Vanguard will begin to publish more information regarding how it votes its shares in its portfolio...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 13, 2015
Earlier this week, FINRA released its annual Regulatory and Examinations Priorities Letter, where it...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJanuary 12, 2015
Given the challenges and complexity of managing financial intermediaries, intermediary oversight...
- forum-news-feed/forum-money-market-fundsJanuary 9, 2015
Last week, the New York Fed began publishing more data that shows a breakdown of the use of its...
- January 8, 2015
The SEC announced last week that it would begin a pilot program to aimed at making the digestion...
- forum-news-feed/webinarsJanuary 7, 2015
In a Forum webinar tomorrow from 2 to 3:00pm Eastern, Stacy Louizos, a partner at Sullivan &...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJanuary 6, 2015
According to a recent Wall Street Journal article, the SEC plans to implement changes to the EDGAR...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-newsJanuary 5, 2015
A new paper co-authored by current SEC Commissioner Dan Gallagher and former SEC Commissioner Joseph...
- December 23, 2014
Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange, is circulating a plan...
- December 22, 2014
Last week the Financial Stability Oversight Council issued a notice requesting comments on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingDecember 19, 2014
A new study finds that active mutual funds that trade more outperform. The researchers reviewed a sample...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingDecember 18, 2014
In a recent letter to SEC Chair Mary Jo White, IEX, the alternative trading system operator,...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingDecember 17, 2014
New research indicates that loss averse mutual fund managers garner lower returns and are more likely...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-newsDecember 16, 2014
In a recent speech, SEC Chair Mary Jo White focused on the asset management industry, remarking...
- December 15, 2014
A recent article from the Los Angeles Times highlights the growing trend of socially responsible...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-fundsDecember 12, 2014
Several large bond investors feel that the Barclays U.S. Aggregate Index, used as a benchmark by...
- December 11, 2014
A new study from the Center for Retirement Research at Boston College found some evidence that the $61.4...
- forum-news-feed/forum-regulatory-newsDecember 10, 2014
The Securities Industry and Financial Markets Association (“SIFMA”) expressed its opposition to...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingDecember 9, 2014
Researchers have found that some funds appear to engage in a practice called “juicing,” or...
- December 8, 2014
In a recent speech, SEC Commissioner Kara Stein questioned the impact of exchange traded...
- forum-news-feed/forum-regulatory-newsDecember 5, 2014
According to Bloomberg, the SEC is drafting new rules addressing “hard-to-sell assets” and the use of...
- forum-news-feed/forum-money-market-fundsDecember 4, 2014
To avoid complying with the money market reforms adopted by the SEC in July, some asset managers...
- forum-news-feed/forum-legislative-newsDecember 3, 2014
Representative Elijah Cummings and Senator Elizabeth Warren have sent out a round of letters to...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-other-oversight/forum-proxy-votingDecember 2, 2014
In a Forum webinar tomorrow from 2 to 3:00pm Eastern, Darlene DeRemer of Grail Partners LLC will...
- November 25, 2014
The Government Accountability Office released a report (summary) suggesting further actions that the...
- forum-news-feed/forum-regulatory-newsNovember 24, 2014
The SEC released its Fiscal Year 2014 Agency Financial Report last week. In the document, the SEC...
- November 21, 2014
Wall Street is increasing its focus on attracting millennials, according a recent Bloomberg interview...
- November 20, 2014
The Financial Stability Oversight Council is planning on soliciting comments from the public on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsNovember 19, 2014
Norm Champ, Director of the SEC’S Division of Investment Management, highlighted potential issues...
- forum-news-feed/forum-regulatory-newsNovember 18, 2014
MetLife CEO Steven Kandarian attended the hearing earlier this month that was the company...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionNovember 17, 2014
Morningstar’s Kevin McDevitt writes that, while convenient, no-transaction fee (NTF) platforms,...
- forum-news-feed/forum-regulatory-newsNovember 14, 2014
FSOC staff met with representatives from thirteen industry groups this week as part of “ongoing...
- forum-news-feed/forum-regulatory-newsNovember 13, 2014
In an interview with Bloomberg at SIFMA’s annual conference, SEC Chair Mary Jo White noted that...
- November 12, 2014
The SEC has approved the application of Eaton Vance to launch a new type of non-transparent...
- November 10, 2014
Nasdaq was recently selected by a committee comprised of the 14 exchanges and FINRA to continue to...
- November 7, 2014
The Financial Stability Oversight Council will meet with industry groups next week in a private...
- November 6, 2014
Federal agencies missed 79.4 percent of the deadlines set by Congress for Dodd-Frank reforms,...
- November 5, 2014
The Municipal Securities Rulemaking Board announced that it will offer a video series geared...
- November 4, 2014
The SEC has increased its focus on bond funds in the wake of increasing market volatility,...
- November 3, 2014
A new paper finds that subscribers to a direct feed of EDGAR filings are often able to access the...
- October 31, 2014
Institutional Shareholder Services recently proposed changes to its equity plan and independent...
- October 30, 2014
In a recent speech marking the 80th anniversary of the SEC, Commissioner Dan Gallagher called for...
- October 29, 2014
In a letter to SEC Chair Mary Jo White, the Investment Company Institute (ICI), the Managed Funds...
- October 28, 2014
In an interview with the Wall Street Journal, House Financial Services Committee Chair Jeb...
- forum-news-feed/forum-regulatory-newsOctober 27, 2014
The SEC indicated last week that it plans to deny the applications of Precidian Investments and...
- October 24, 2014
The Sixth Circuit Court of Appeals affirmed a district court’s decision dismissing claims relating to...
- forum-news-feed/forum-regulatory-newsOctober 23, 2014
Last week, the SEC released data on enforcement actions for the fiscal year 2014 showing that the...
- October 22, 2014
SEC Commissioner Michael Piwowar opposed using enforcement as an alternative to rulemaking in a speech...
- forum-news-feed/forum-regulatory-newsOctober 21, 2014
Last week, the SEC fined Athena Capital Research, a high frequency trading firm $1 million for...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskOctober 20, 2014
The SEC plans to ramp up enforcement actions against dark pools according to Bloomberg. According to...
- forum-news-feed/forum-regulatory-newsOctober 17, 2014
Federal Reserve Board Member Daniel Tarullo stated that the Federal Reserve will continue to...
- October 16, 2014
According to A Blessing or a Curse? The Impact of High Frequency Trading on Institutional...
- forum-news-feed/forum-money-market-fundsOctober 15, 2014
Representatives Patrick McHenry and Scott Garrett, respectively chairs of the House Committee on...
- October 14, 2014
Morningstar’s John Rekenthaler took issue with a Wall Street Journal article that discussed the...
- October 10, 2014
The Modern Markets Initiative, an advocacy group supported by several large HFT firms, released...
- October 9, 2014
Treasury Secretary and FSOC Chair Jack Lew acknowledged that the FSOC had received "a number of...
- October 8, 2014
The Managed Funds Association offered several market structure recommendations in a letter to the...
- October 7, 2014
The Financial Times reports that Google commissioned a study of the feasibility of entering the...
- forum-news-feed/forum-regulatory-newsOctober 6, 2014
In a recent speech, SEC Commissioner Michael Piwowar questioned the utility of requiring a...
- forum-news-feed/forum-money-market-fundsOctober 3, 2014
The Federal Reserve limited its reverse repo facility to $300 billion per day as of September 22...
- October 2, 2014
A district court judge dismissed a challenge to the SEC’s Political Contribution Rule (better known...
- forum-news-feed/forum-regulatory-newsOctober 1, 2014
The Financial Stability Oversight Council last week posted a new set of frequently asked questions...
- forum-news-feed/forum-referenceSeptember 30, 2014
A new study from SEC staff examines market quality in small cap stocks. The study, A...
- September 29, 2014
A recent study found that investors flock to volatile performance in the selection of fund...
- September 26, 2014
The SEC has taken interest in PIMCO’s valuation process in its Total Return ETF, according to The Wall...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingSeptember 25, 2014
A new study finds that “a significant element in the profitability of [short selling] is derived...
- September 24, 2014
A new whitepaper issued by Blackrock argues that the secondary market for corporate bonds is...
- September 23, 2014
In a recent paper, a researcher from the University of Arizona examined funds before and after...
- September 22, 2014
The Government Accountability Office (GAO) advocated for greater FSOC transparency in a report released...
- September 19, 2014
SEC Chair Mary Jo White stressed the importance of boardroom diversity in a recent speech,...
- September 18, 2014
SEC Commissioner Dan Gallagher called for a holistic review of equity market structure in a speech earlier...
- September 17, 2014
In a recent speech focused on hedge funds the Director of the SEC’s Division of Investment...
- September 16, 2014
The SEC’s tick pilot program will do more harm than good, according to Dave Cummings, CEO and...
- September 15, 2014
The SEC will wrap up its analysis of distribution-related payments by the end of the year,...
- September 12, 2014
The Consumer Federation of America, a non-profit consumer advocacy group, recently issued a white...
- forum-news-feed/forum-regulatory-newsSeptember 11, 2014
As the FSOC continues its focus on the asset management industry – potentially changing its focus...
- forum-news-feed/forum-regulatory-newsSeptember 10, 2014
In the recent 893-page money market fund release (“Release”), the SEC weighed in with valuation...
- September 9, 2014
The white paper On the Impact and Future of HFT examines the attitudes of various market...
- September 8, 2014
A group of trade associations filed a petition with the FSOC to amend the Council’s rules in order to...
- forum-news-feed/forum-other-oversightSeptember 5, 2014
The top risks concerning directors are reputation, cybersecurity, and regulatory compliance (aside from...
- September 4, 2014
An upcoming two-day conference hosted by ETF Trends will offer a crash course in ETFs. According...
- forum-news-feed/forum-regulatory-newsSeptember 3, 2014
The SEC’s Division of Investment Management granted no-action relief to a fund seeking to alter a...
- forum-news-feed/forum-regulatory-newsSeptember 2, 2014
The SEC approved final rules last week that seek to add a measure of transparency to asset-backed...
- forum-news-feed/forum-regulatory-newsAugust 29, 2014
The SEC announced a proposal to implement a 12-month long pilot program that would set the minimum tick...
- forum-news-feed/forum-regulatory-newsAugust 28, 2014
The SEC yesterday finalized rules proposed in May 2011 intended to reform nationally recognized...
- forum-news-feed/forum-riskAugust 27, 2014
Increasing the liability of credit rating agencies would in turn induce credit rating agencies to...
- August 26, 2014
Larry Tabb, founder and CEO of the research firm TABB Group, weighed into the payment for order...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsAugust 25, 2014
Several news sources recently obtained an internal report by the SEC’s Office of the Inspector...
- forum-news-feed/forum-money-market-fundsAugust 21, 2014
Recent money market fund reforms giving funds the ability to impose redemption gates and liquidity fees may...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesAugust 20, 2014
The SEC has launched a sweep focusing on “alternative investment strategies,” according to the Wall...
- August 19, 2014
In a speech last week, Eric Rosengren, the Chief of the Federal Reserve Bank of Boston, called for a...
- August 18, 2014
A new paper finds support for the concept that “merit” plays some role in mutual fund manager...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-other-oversight/forum-proxy-votingAugust 14, 2014
Professor Asaf Eckstein of Tel Aviv University-Buchmann Faculty of Law examined the potential...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-newsAugust 13, 2014
The Municipal Securities Rulemaking Board recently announced the release of the MSRB Education...
- forum-news-feed/forum-regulatory-newsAugust 12, 2014
The state republican parties of New York and Tennessee filed suit last week against the SEC,...
- forum-news-feed/forum-etfsAugust 11, 2014
Morningstar’s John Rekenthaler pondered the question “[d]o active funds have a future?” and came to...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceAugust 7, 2014
A recent report finds that the culture of compliance is the top priority in trainings conducted by...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceAugust 6, 2014
Representative Carolyn Maloney, ranking member on the Capital Markets and Government Sponsored...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceAugust 5, 2014
A group of nine senators urged Treasury Secretary Jack Lew to consider the impact on asset...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceAugust 4, 2014
A group of eleven senators expressed concern about the speed of rulemaking in a letter to SEC...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceAugust 1, 2014
The Financial Stability Oversight Council may push regulators to impose more stringent...
- newsroom/board-governance/self-evaluation;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceJuly 31, 2014
The leaders of several exchanges and trading firms recently expressed support for a review of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-referenceJuly 30, 2014
The SEC’s Director of the Division of Investment Management, Norm Champ, recently spoke at the...
- forum-news-feed/forum-referenceJuly 29, 2014
In a recent speech, Treasury Secretary Jack Lew called on the financial sector to step up efforts on...
- forum-news-feed/forum-referenceJuly 28, 2014
Richard Berner, Director of the Office of Financial Research (OFR) at the U.S. Department of the...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-referenceJuly 25, 2014
Driven by a provision of the Dodd-Frank Act that requires federal agencies to remove references to...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-referenceJuly 24, 2014
Yesterday, the Securities and Exchange Commission finally reached a conclusion on how it would...
- forum-news-feed/forum-referenceJuly 23, 2014
A preliminary version of next year’s Securities and Exchange Commission examination priorities...
- forum-news-feed/forum-referenceJuly 22, 2014
In Halliburton v. Erica P. John Fund, the Supreme Court upheld its previous ruling that plaintiffs...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJuly 21, 2014
The SEC recently ordered the national securities exchanges and FINRA to develop a pilot program...
- forum-news-feed/forum-referenceJuly 18, 2014
The Securities and Exchange Commission will hold an open meeting on July 23 to consider whether to...
- forum-news-feed/forum-regulatory-newsJuly 17, 2014
The SEC has settled its first case under its authority to bring cases for retaliation against...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 16, 2014
The New York Attorney general has alleged that Barclays LX, a dark pool operated by Barclays...
- forum-news-feed/forum-reference;forum-news-feed/forum-shareholder-disclosureJuly 15, 2014
The paper Optimal Disclosure When Some Information is Soft, describes the authors’ belief that...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsJuly 14, 2014
In a speech at the Stanford Directors’ College, SEC Chair Mary Jo White shared the SEC’s views on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJuly 10, 2014
As a follow up to her recent speech outlining her plan to address market structure issues, SEC...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingJuly 9, 2014
A recent client alert from Morgan Lewis outlines the challenges that may lie ahead should SEC...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJuly 7, 2014
In his opening statement at the House Financial Services Committee’s hearing “The Annual Report of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsJuly 2, 2014
SEC Commissioner Aguilar recently gave a speech addressing a board’s role in ensuring that...
- June 30, 2014
On July 10 The Clearing House and the Center for Financial Policy at the Robert H. Smith School of...
- forum-news-feed/forum-legislative-newsJune 26, 2014
The House of Representatives has passed a bill containing an amendment that would exempt...
- June 25, 2014
After suspending trading of five different companies within the marijuana industry during the past two...
- forum-news-feed/forum-regulatory-newsJune 24, 2014
A recent decision by the 2nd Circuit Court of Appeals has concluded that the SEC’s decision to...
- June 23, 2014
A June newsletter from Weil, Gotshal & Manges LLP focusses on the responsibilities of directors to oversee...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsJune 19, 2014
A recent regulatory brief from PwC focused on liquid alternative funds, specifically focusing on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-legislative-newsJune 18, 2014
On June 17, 2014, the Senate Permanent Subcommittee on Investigations, chaired by Senator Carl...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJune 17, 2014
The Chief Economist of the Bank of England, Andrew Haldane, recently gave an address entitled “The...
- forum-news-feed/forum-regulatory-newsJune 16, 2014
In a recent speech at the NYC Bar Association’s Third Annual White Collar Crime Institute, SEC...
- forum-news-feed/forum-regulatory-newsJune 12, 2014
Last week, Timothy Massad was sworn in as chairman of the CFTC. Prior to joining the CFTC, he...
- forum-news-feed/forum-etfs;forum-news-feed/webinarsJune 11, 2014
On June 12 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled What Directors Need to...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJune 10, 2014
On June 6, the SEC and Liquidnet agreed to settle charges that Liquidnet used confidential client...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJune 9, 2014
In a recent speech, SEC Chair Mary Jo White outlined her plans to bring market regulation in line with...
- forum-news-feed/forum-regulatory-newsJune 5, 2014
Director of the SEC’s Division of Enforcement, Andrew Ceresney, recently gave a speech outlining...
- forum-news-feed/webinarsJune 4, 2014
On June 5 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled Top 10 Questions Fund...
- forum-news-feed/forum-board-governanceJune 3, 2014
State Street Global Advisors (“SSgA”) recently adopted a director tenure policy for investee...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsJune 2, 2014
On June 3, the CFTC will host a meeting at its headquarters in Washington, DC from 10 am – 5 pm. A...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 29, 2014
At the FSOC’s recent asset management conference, academics and industry participants discussed...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 28, 2014
Director of the SEC’s Division of Investment Management Norm Champ, kicked off the FSOC’s recent...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 27, 2014
The FSOC held its conference on the Asset Management Industry on Monday, May 19. In her opening...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-riskMay 22, 2014
In a recent letter, Senator Mark Warner, one of the authors of Title I and Title II of...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 21, 2014
SEC Commissioner Gallagher recently took an unusual step for an SEC Commissioner by submitting public...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 20, 2014
Sub-committee chairs from the House Financial Services Committee sent a letter to several members of...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 19, 2014
The FSOC will hold its public conference on the asset management industry on the afternoon of May...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskMay 15, 2014
The FSOC has announced the agenda for the May 19 conference on the asset management industry and...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsMay 13, 2014
In March, the SEC staff published reports prepared by the SEC’s Division of Economic and Risk...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsMay 12, 2014
Gates, Fees, and Preemptive Runs, a paper published by the Federal Reserve Bank in New York,...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 8, 2014
A class-action suit has been filed by the city of Providence, Rhode Island, claiming that dozens...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-tradingMay 7, 2014
Last week, the New York Stock Exchange, two affiliated exchanges and its affiliated routing broker agreed...
- forum-news-feed/forum-regulatory-newsMay 6, 2014
SEC Commissioner Kara Stein dissented from Commission’s decision to overturn the automatic...
- forum-news-feed/forum-regulatory-newsMay 5, 2014
In recent testimony before the House Financial Services Committee, SEC Chair White discussed “the...
- May 2, 2014
On May 14 in New York, EY will host its seventh annual Mutual Fund Seminar. The seminar connects...
- forum-news-feed/forum-reference;forum-news-feed/webinarsMay 1, 2014
On May 2 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled The Situation in Russia –...
- forum-news-feed/forum-riskApril 30, 2014
Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, recently contributed a blog...
- forum-news-feed/forum-regulatory-newsApril 29, 2014
Gregg Berman, Associate Director of the Office of Analytics and Research in the SEC’s Division of...
- forum-news-feed/forum-other-oversightApril 28, 2014
Morningstar has released its 2014 Stewardship Survey, which provides both “Parent Ratings” and...
- forum-news-feed/forum-regulatory-newsApril 24, 2014
The DC Circuit rejected the SEC’s rule requiring companies to disclose whether their products...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 23, 2014
On April 9, 2014, a bi-partisan group of 41 members of Congress wrote FSOC Chairman Jacob Lew,...
- forum-news-feed/forum-regulatory-newsApril 22, 2014
In a speech at the Mutual Fund Directors Forum’s annual Policy Conference, SEC Commissioner Aguilar...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 21, 2014
The SEC’s Office of Compliance Inspections and Examinations (OCIE) recently issued a risk alert to...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 17, 2014
The ICI recently submitted comments to the Financial Stability Board (FSB) on its proposed...
- forum-news-feed/forum-regulatory-newsApril 16, 2014
In a recent speech, the SEC’s Deputy Director of the Division of Investment Management, David...
- forum-news-feed/forum-referenceApril 15, 2014
David Larcker, a professor at the Graduate School of Business at Stanford University, and Scott...
- April 14, 2014
Ernst & Young recently released the results of a survey on asset management investment operations. The survey...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsApril 10, 2014
At a recent event at the NYU Law School, New York Attorney General Eric Schneiderman called for...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news;member-resources/member-fund-types/member-alternative-fundsApril 9, 2014
In a recent speech, Director of the SEC’s Office of Compliance Inspections and Examinations,...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsApril 8, 2014
As we reported last Fall, reaction to an OFR report suggesting that the asset management industry poses...
- forum-news-feed/forum-regulatory-newsApril 7, 2014
In a recent speech, SEC Chair Mary Jo White reiterated her commitment to enforcement as a...
- forum-news-feed/forum-other-oversightApril 3, 2014
A new academic paper examines the effects of team portfolio management on fund performance. The paper...
- forum-news-feed/forum-referenceApril 2, 2014
A survey by the FINRA Investor Education Foundation found that millenials (those born between 1978 and...
- forum-news-feed/forum-regulatory-newsApril 1, 2014
On March 28, the FSOC announced that it would host a conference on the “asset management industry...
- forum-news-feed/forum-referenceMarch 31, 2014
A recent Dechert article summarizes recent fund industry litigation. The article notes that due to...
- forum-news-feed/forum-referenceMarch 27, 2014
A recent survey by the Employee Benefit Research Institute studied the response of defined...
- forum-news-feed/forum-riskMarch 26, 2014
E&Y has published a report aimed at informing boards about emerging cyber security risks and what those...
- forum-news-feed/forum-money-market-fundsMarch 25, 2014
Yesterday, the SEC staff published certain analyses conducted by the SEC’s Division of Economic and Risk...
- forum-news-feed/forum-referenceMarch 24, 2014
A recent paper, Scale and Skill in Active Management, finds that as the mutual fund industry...
- forum-news-feed/forum-regulatory-newsMarch 20, 2014
In his keynote address at the Mutual Fund and Investment Management Conference, Director of the...
- forum-news-feed/forum-referenceMarch 19, 2014
In his remarks at the Mutual Fund and Investment Management Conference, ICI President and CEO Paul...
- forum-news-feed/forum-regulatory-newsMarch 18, 2014
SEC Commissioner Daniel Gallagher directed his speech at PLI’s 2014 SEC Speaks conference directly to...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsMarch 17, 2014
The PCAOB will hold a meeting on April 2 and 3 to hear further thoughts on the Board’s proposal...
- forum-news-feed/forum-risk;member-resources/member-cybersecurityMarch 13, 2014
In February 2013, President Obama signed an executive order requiring, among other things, the...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsMarch 12, 2014
At PLI’s SEC Speaks conference, the SEC’s Chief Accountant, Paul Beswick, gave a presentation...
- March 11, 2014
In the recent case Lawson v. FMR, the Supreme Court found that a fund adviser can be held liable if...
- forum-news-feed/forum-board-governanceMarch 10, 2014
Communication and Decision Making in Corporate Boards, a forthcoming paper, seeks to identify the...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-newsMarch 6, 2014
In a recent IM Guidance Update, the staff of the SEC’s Division of Investment Management...
- forum-news-feed/forum-referenceMarch 5, 2014
In late February, the Supreme Court addressed the ability of the victims of securities fraud to...
- forum-news-feed/forum-regulatory-newsMarch 4, 2014
In her first speech as a commissioner at SEC Speaks, Commissioner Stein discussed the SEC’s...
- forum-news-feed/forum-regulatory-newsMarch 3, 2014
In a recent speech, SEC Commissioner Aguilar called for the public and private sectors to work...
- forum-news-feed/forum-regulatory-newsFebruary 27, 2014
At PLI’s annual SEC Speaks conference, SEC Chair Mary Jo White provided an update on the state of...
- forum-news-feed/forum-regulatory-newsFebruary 26, 2014
In a recent speech FINRA Chairman and CEO, Richard Ketchum, discussed the steps FINRA is taking to...
- forum-news-feed/forum-regulatory-newsFebruary 25, 2014
The SEC recently announced plans to hold a cybersecurity roundtable at its DC headquarters on...
- forum-news-feed/forum-referenceFebruary 24, 2014
Asset Management 2020: A Brave New World is a new publication by PwC that paints a picture of what...
- forum-news-feed/forum-regulatory-newsFebruary 20, 2014
In early February, BATS Global Markets, Inc. (BATS) and FINRA announced an agreement to provide...
- forum-news-feed/forum-other-oversight;forum-news-feed/webinarsFebruary 19, 2014
On February 20 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled Board Oversight of...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsFebruary 18, 2014
SEC Commissioner Stein discussed market structure issues in a recent speech. She provided an overview...
- forum-news-feed/forum-regulatory-newsFebruary 17, 2014
In a recent paper, John Coates, a professor at Harvard Law School, questions the benefit of...
- forum-news-feed/forum-regulatory-newsFebruary 13, 2014
The SEC recently released its strategic plan for 2014-2018. The document outlines the agency’s...
- forum-news-feed/forum-regulatory-newsFebruary 12, 2014
In a recent speech, SEC Commissioner Aguilar addressed the need to protect retirees. He cited a...
- forum-news-feed/webinarsFebruary 11, 2014
On February 12 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled 2014 Federal...
- forum-news-feed/forum-regulatory-newsFebruary 10, 2014
The SEC recently charged Mark Grimaldi, a money manager, and Navigator Money Management (NMM), for making...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-newsFebruary 7, 2014
According to a Wall Street Journal report, the Public Company Accounting Oversight Board...
- forum-news-feed/forum-legislative-newsFebruary 6, 2014
In a letter to Treasury Secretary Jacob Lew dated January 23, 2014, five Senators expressed their...
- forum-news-feed/forum-board-governanceFebruary 5, 2014
Information gaps between management and a board, known as “information asymmetry,” can pose a risk to...
- forum-news-feed/forum-accounting-and-auditFebruary 4, 2014
KPMG’s Audit Committee Institute surveyed audit committee members from more than 34 countries to...
- forum-news-feed/forum-referenceFebruary 3, 2014
A recent academic paper, The Value of Corporate Culture, explores whether corporate integrity and...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJanuary 30, 2014
In a recent speech at the U.S. Chamber of Commerce, SEC Commission Piwowar discussed his...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJanuary 29, 2014
In a speech at the 41st Annual Securities Regulation Institute, SEC Chair Mary Jo White discussed...
- forum-news-feed/forum-legislative-newsJanuary 28, 2014
In a letter to the Secretary of Labor, 30 members of the New Democrat Coalition expressed concern about...
- forum-news-feed/forum-regulatory-newsJanuary 27, 2014
The Financial Stability Board (FSB) and the International Organization of Securities Commissions...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 23, 2014
Today, the Mutual Fund Directors Forum released Board Oversight of Alternative Investments, in...
- forum-news-feed/forum-regulatory-newsJanuary 22, 2014
In late December, the SEC adopted amendments eliminating references to credit ratings in certain...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-reference;forum-news-feed/forum-riskJanuary 21, 2014
Recently, the staff of the SEC’s Division of Investment Management issued guidance suggesting...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/webinarsJanuary 20, 2014
On January 21 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled New Disclosures in...
- forum-news-feed/forum-accounting-and-auditJanuary 16, 2014
In December 2013, the Chief Accountant of the Securities and Exchange Commission, Paul Beswick,...
- forum-news-feed/forum-referenceJanuary 15, 2014
On January 22, 2014 from 2:00 – 3:00 Eastern, NICSA will host a webinar focusing on the “big...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-referenceJanuary 14, 2014
A recent Deloitte report analyzes employees with “passion” – a type of worker essential to...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsJanuary 13, 2014
The SEC has released a list of its examination priorities for 2014, covering areas the SEC staff...
- forum-news-feed/forum-board-governanceJanuary 10, 2014
The Forum has released a list of what it sees as the "top 5" issues that fund boards will likely...
- forum-news-feed/forum-regulatory-newsJanuary 9, 2014
In his last public speech as CFTC Commissioner, Gary Gensler reflected on the CFTC’s...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-newsJanuary 8, 2014
The SEC recently held a Proxy Advisory Services Roundtable with a two part agenda. The first part...
- forum-news-feed/forum-regulatory-news;forum-news-feed/webinarsJanuary 7, 2014
On Wednesday, January 8 at 2:00 pm Eastern, the Forum will host a webinar discussion of the recent...
- forum-news-feed/forum-referenceJanuary 6, 2014
Recent Merrill Lynch research found, that while gender differences among investors exist, that they...
- forum-news-feed/forum-advisory-contractsDecember 23, 2013
The most recent lawsuit claiming that fund advisers keep too much of a fund’s advisory fee when an...
- forum-news-feed/forum-regulatory-newsDecember 19, 2013
On December 17, the SEC announced that its 2013 enforcement program resulted in a record $3.4 billion...
- forum-news-feed/forum-regulatory-newsDecember 18, 2013
In a December 9 speech at the 2013 ICI Global Trading and Market Structure Conference in London, SEC...
- forum-news-feed/forum-accounting-and-auditDecember 17, 2013
KPMG has published a list of Audit Committee priorities for 2014, highlighting issues that firm...
- forum-news-feed/forum-regulatory-newsDecember 16, 2013
On November 22, SEC Commissioner Michael Piwowar gave a speech before the Los Angeles County Bar...
- forum-news-feed/forum-regulatory-newsDecember 12, 2013
Earlier this week, the SEC and the other financial regulators issued final rules implementing the...
- forum-news-feed/forum-regulatory-newsDecember 11, 2013
New SEC Commissioner Kara Stein recently gave a speech to the American Bar Association’s Federal...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsDecember 10, 2013
U.S. Treasury Secretary Jacob L. Lew, in a recent speech to the Pew Charitable Trusts Foundation,...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationDecember 9, 2013
The SEC’s Director of the Division of Investment Management, Norm Champ, discussed the role of...
- forum-news-feed/forum-regulatory-newsDecember 5, 2013
On November 21, 2013, the SEC’s Office of Credit Ratings submitted its Credit Rating Independence...
- forum-news-feed/forum-closed-end-funds;forum-news-feed/webinarsDecember 4, 2013
The next Forum webinar, Board Oversight of Closed-End Funds, will take place on Thursday, December 5 at...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsDecember 3, 2013
Last week, the SEC charged Ambassador Capital Management and Derek Oglesby for repeatedly making...
- forum-news-feed/forum-accounting-and-auditDecember 2, 2013
A group organized by the Center for Audit Quality has released a “Call to Action” designed to...
- forum-news-feed/forum-referenceNovember 26, 2013
High profile District Court Judge Jed Rakoff recently gave a speech in which he explored theories...
- forum-news-feed/forum-regulatory-newsNovember 25, 2013
In a speech on November 14, SEC Chair Mary Jo White discussed “the importance of trials and their...
- forum-news-feed/forum-regulatory-newsNovember 21, 2013
In a recent speech, SEC Commissioner Aguilar discussed how the SEC has strengthened its...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureNovember 20, 2013
The SEC’s Division of Investment Management recently issued guidance expressing the staff’s...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/webinarsNovember 19, 2013
On Tuesday, November 19 at 2:00 Eastern, the Forum will host a webinar discussing trends in the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-newsNovember 18, 2013
The CFTC recently proposed new regulations to set position limits for derivatives as required by...
- forum-news-feed/forum-regulatory-newsNovember 14, 2013
A profile of SEC Chair Mary Jo White appeared in the November 11, 2013 issue of The New Yorker. ...
- forum-news-feed/forum-regulatory-newsNovember 13, 2013
The SEC has announced that its staff will hold a roundtable on December 5 “to discuss the use of...
- forum-news-feed/forum-regulatory-newsNovember 12, 2013
As we first told you about last month, the SEC requested that the public comment on a report...
- newsroom/accounting-and-audit;newsroom/board-governance/d-o-insurance;forum-news-feed/webinarsNovember 8, 2013
On Tuesday, November 12, the Forum will host a webinar discussion on CCO Compensation. Meyrick Payne...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-newsNovember 7, 2013
The CFTC recently issued final rules requiring future commission merchants (“FCM”) to adopt risk...
- forum-news-feed/forum-regulatory-newsNovember 6, 2013
In a recent speech, SEC Commissioner Daniel Gallagher discussed the need for the agency to set...
- forum-news-feed/forum-money-market-fundsNovember 5, 2013
A recent survey of corporate treasurers indicated that companies investing in money market funds...
- forum-news-feed/forum-regulatory-newsNovember 4, 2013
On October 29, the CFTC issued an order settling charges that the agency brought against...
- forum-news-feed/forum-legislative-newsOctober 31, 2013
On October 29, the House passed a bill that would delay agency rulemakings extending the fiduciary standard...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-news-and-eventsOctober 30, 2013
On October 30, the Forum published Practical Guidance for Fund Boards: Board Governance and Review of...
- forum-news-feed/forum-referenceOctober 29, 2013
An October 2013 paper, Equivalent Cost for Equivalent Benefits: Primary DC Plans in the Public...
- forum-news-feed/forum-regulatory-newsOctober 28, 2013
Six federal financial regulatory agencies, including the SEC, have proposed joint standards for...
- forum-news-feed/forum-regulatory-newsOctober 23, 2013
The SEC has proposed for comment rules that would implement requirements in the Jumpstart Our...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuation;forum-news-feed/forum-news-and-eventsOctober 23, 2013
On Thursday, October 31, the Forum will host a webinar discussion with two members of the staff of...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsOctober 22, 2013
Republican Sens. John Thune and Pat Toomey today asked SEC Chair Mary Jo White to set aside a...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-newsOctober 21, 2013
A recent survey by BDO, USA LLP found that more than two-thirds of corporate directors surveyed...
- forum-news-feed/forum-regulatory-newsOctober 15, 2013
Since the US Government shutdown on October 1, the Securities and Exchange Commission has been...
- forum-news-feed/forum-regulatory-newsOctober 10, 2013
SEC Chair Mary Jo White continued to highlight the agency’s enforcement priorities programs during her...
- newsroom/board-governance/self-evaluationOctober 9, 2013
In her latest column, Weil, Gotshal & Manges partner Holly J. Gregory examines the role of board...
- forum-news-feed/forum-news-and-eventsOctober 7, 2013
The Forum has launched an online database to help link fund boards with qualified independent...
- forum-news-feed/forum-closed-end-funds;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesOctober 3, 2013
Dechert LLP is hosting its inaugural Global Alternative Funds Symposium on Thursday, October 24 in...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskOctober 2, 2013
The Office of Financial Research within the Treasury Department has published a study containing...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-legislative-newsSeptember 30, 2013
In September 2013, Senators Toomey (R-PA) and Manchin (D-WV) introduced a bill to prevent the...
- forum-news-feed/forum-regulatory-newsSeptember 26, 2013
In remarks given at a recent conference, SEC Chair Mary Jo White emphasized how she believes a...
- forum-news-feed/forum-valuationSeptember 24, 2013
The latest Deloitte survey on fair valuation shows that recent SEC enforcement interest in...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipSeptember 23, 2013
In its 11th annual corporate governance report, Shearman & Sterling surveyed 100 of the largest US public...
- forum-news-feed/forum-regulatory-newsSeptember 19, 2013
On September 18, the SEC voted 3-2 to propose a new rule that would require public companies to...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsSeptember 17, 2013
On September 16, the Forum submitted a letter responding to the SEC’s recent proposal to reform...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsSeptember 16, 2013
On September 12, the presidents of the 12 regional Federal Reserve banks submitted a letter to the SEC...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskSeptember 12, 2013
The SEC’s Office of Compliance Inspections and Examinations has released an risk alert on business...
- forum-news-feed/forum-valuationSeptember 10, 2013
Earlier last week, Interactive Data released the results of its 2013 Fair Value Practices Survey,...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-newsSeptember 3, 2013
On August 28, BlackRock won the dismissal of a lawsuit that accused the company of collecting...
- forum-news-feed/forum-regulatory-newsAugust 27, 2013
The SEC today announced a settled action against a portfolio manager for forging documents and...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-news-and-events;forum-news-feed/webinarsAugust 26, 2013
Earlier this month, the CFTC issued a final rule on harmonizing compliance obligations for funds...
- forum-news-feed/forum-regulatory-newsAugust 23, 2013
After yesterday’s Nasdaq trading outage, the SEC Chair Mary Jo White released a statement saying that...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-newsAugust 22, 2013
On August 21, the SEC announced charges against Chariot Advisors LLC and Elliot L. Shifman, former owner...
- forum-news-feed/forum-etfsAugust 20, 2013
The growth of ETFs in recent years has been nothing short of spectacular, with total assets in...
- forum-news-feed/forum-regulatory-newsAugust 19, 2013
The Securities and Exchange Commission announced that two newly confirmed commissioners have now...
- forum-news-feed/forum-accounting-and-auditAugust 15, 2013
The Public Company Accounting Oversight Board has released for public comment a new auditing...
- forum-news-feed/forum-regulatory-newsAugust 13, 2013
The Commodity Futures Trading Commission issued a final rule today regarding compliance...
- forum-news-feed/forum-money-market-fundsAugust 13, 2013
Treasury Strategies, a consulting firm, has recently launched a free online calculator to enable...
- forum-news-feed/forum-regulatory-newsAugust 12, 2013
An appeals court has affirmed a ruling in a class action case dismissing an excessive-401(k)-fee...
- forum-news-feed/forum-riskAugust 9, 2013
A Deloitte survey released in July 2013, entitled Global Risk Management Survey, explores the state...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-risk;member-resources/member-fund-types/member-money-market-fundsAugust 7, 2013
The IRS has proposed the adoption of a new Revenue Procedure, which would mitigate some of the tax...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsAugust 5, 2013
On August 3, Kara Stein and Michael Piwowar began their terms as SEC Commissioners. Stein,...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsAugust 2, 2013
The Association for Financial Professionals (AFP) has issued its 2013 Liquidity Survey, which...
- forum-news-feed/forum-board-governanceAugust 1, 2013
In July 2013, the Coase-Sandor Institute for Law and Economics at the University of Chicago Law...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJuly 31, 2013
On July 30, Mary Jo White, Chair of the U.S. Securities and Exchange Commission and Gary Gensler,...
- forum-news-feed/forum-money-market-fundsJuly 30, 2013
Last week, the Center for Capital Markets at the US Chamber of Commerce released a report prepared by...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insuranceJuly 29, 2013
On July 15, the Gibson Dunn law firm released a memo to its clients titled Directors and Officer...
- forum-news-feed/forum-regulatory-newsJuly 26, 2013
On June 12, 2013, the SEC formally announced its second whistleblower award to three individuals. While...
- forum-news-feed/forum-regulatory-newsJuly 25, 2013
A Court of Appeals ruled against the SEC recently in a case alleging that Jilaine Bauer, the...
- forum-news-feed/forum-etfs;forum-news-feed/forum-risk;forum-news-feed/forum-shareholder-disclosureJuly 24, 2013
On July 22, the 2nd U.S. Circuit Court of Appeals affirmed a ruling that had rejected a lawsuit by...
- member-resources/member-fund-types/member-money-market-fundsJuly 22, 2013
The SEC’s Division of Investment Management recently issued a guidance focusing on money market funds’...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJuly 19, 2013
As alternative products continue steady growth in the mutual funds industry, SEI has released The...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJuly 18, 2013
Republicans on the House Committee on Oversight and Government Reform have expressed concern that...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationJuly 17, 2013
On July 16, the SEC announced the schedule for its upcoming Compliance Outreach Program regional...
- forum-news-feed/forum-valuation;forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJuly 16, 2013
Following the SEC’s settlement with the Regions Morgan Keegan board, valuation is one of the top...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureJuly 16, 2013
During the Society of Corporate Secretaries & Governance Professionals’ National Conference on...
- forum-news-feed/forum-regulatory-newsJuly 11, 2013
Wednesday, the SEC voted to lift the ban on hedge fund advertising, as mandated by the JOBS Act. ...
- forum-news-feed/forum-regulatory-newsJuly 11, 2013
On July 2, the U.S. Securities and Exchange Commission announced three new initiatives designed to...
- forum-news-feed/forum-regulatory-newsJuly 10, 2013
With the steady rise in use of social media in the fund industry, FINRA enacted two new...
- forum-news-feed/forum-regulatory-newsJuly 9, 2013
The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, July 10 to consider...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-newsJuly 9, 2013
On July 8, the U.S. House of Representatives voted 321-62 on a measure to amend Sarbanes-Oxley Act to...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-compensation;forum-news-feed/forum-board-governance/forum-oversight-of-ccoJuly 2, 2013
The eighth annual Survey of Mutual Fund Chief Compliance Officer Compensation and Organizational...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipJuly 1, 2013
The GovernanceMetrics International’s 2013 GMI Ratings Women on Boards survey indicate that...
- forum-news-feed/forum-regulatory-newsJune 28, 2013
On June 7, John Walsh, a partner at Sutherland Asbill & Brennan, urged SEC Chair Mary Jo White in...
- forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-newsJune 27, 2013
Earlier this month, Norm Champ, director of Investment Management Division at SEC, stated that the...
- forum-news-feed/forum-regulatory-newsJune 25, 2013
Today, the Court of Appeals for the DC Circuit upheld CFTC Rule 4.5, which requires most funds...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-money-market-funds;member-resources/member-fund-types/member-money-market-fundsJune 21, 2013
As we have previously noted, in early June the SEC formally unveiled its money market reform...
- June 20, 2013
On June 19, the House Financial Services Committee passed the Audit Integrity and Job Protection...
- forum-news-feed/forum-regulatory-newsJune 19, 2013
SEC Commission chair Mary Jo White has said publicly that in some cases the SEC plans to push for...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-money-market-fundsJune 18, 2013
The SEC’s recent proposal for the money market fund reform should be the subject of House hearing...
- forum-news-feed/forum-valuationJune 17, 2013
In response to increased attention on valuation by the SEC, including the Morgan Keegan case,...
- forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuationJune 14, 2013
Yesterday, the SEC issued a settlement of the case it brought last December against eight former...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-newsJune 11, 2013
As we and others have noted, investors are increasingly moving assets into funds offering...
- forum-news-feed/forum-regulatory-newsJune 7, 2013
On June 4, the Financial Industry Regulatory Authority (FINRA) ordered Wells Fargo Advisors LLC...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJune 6, 2013
Yesterday, the Securities and Exchange Commission unanimously voted to propose structural reforms...
- forum-news-feed/forum-valuationJune 5, 2013
On June 3, the Forum sent a letter to Norm Champ, the Director of the SEC’s Division of Investment...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsJune 4, 2013
As the Securities and Exchange Commission prepares to release new proposed reforms for money...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-regulatory-newsMay 30, 2013
The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, June 5 to consider...
- forum-news-feed/forum-regulatory-newsMay 29, 2013
In a somewhat unusual public statement, Commissioner Troy Paredes congratulated Michael Piwowar and...
- forum-news-feed/forum-regulatory-newsMay 24, 2013
President Barack Obama has nominated Kara Stein and Michael Piwowar to serve as commissioners of...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingMay 23, 2013
The SEC has charged Institutional Shareholder Services Inc. (ISS) for failing to safeguard the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingMay 23, 2013
The influence of proxy vendors is waning, according to a Wall Street Journal article. Firms like...
- forum-news-feed/forum-money-market-fundsMay 21, 2013
In advance of anticipated SEC rule changes that would require institutional money market funds to...
- forum-news-feed/forum-regulatory-newsMay 20, 2013
The Supreme Court agreed to consider whether the Sarbanes-Oxley Act whistleblower protections...
- forum-news-feed/forum-regulatory-newsMay 17, 2013
SEC Chairman Mary Jo White testified in front of the House Financial Services Committee yesterday. In...
- forum-news-feed/forum-money-market-fundsMay 14, 2013
Moody’s analysts are predicting that the money market fund reform proposal being considered by the SEC...
- forum-news-feed/forum-regulatory-newsMay 14, 2013
The House of Representatives is expected to vote soon on legislation that would impose additional...
- forum-news-feed/forum-money-market-fundsMay 10, 2013
Details on the draft money market fund proposal being considered by the SEC are starting to...
- forum-news-feed/forum-regulatory-newsMay 9, 2013
Bruce Karparti is leaving his post as chief of the SEC Enforcement Division’s Asset Management Unit to...
- forum-news-feed/forum-regulatory-newsMay 8, 2013
SEC Chairman Mary Jo White testified for the first time in front of Congress yesterday. In her...
- forum-news-feed/forum-money-market-fundsMay 8, 2013
News outlets are reporting that the SEC staff has internally circulated a 500-page draft rule that...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesMay 6, 2013
On Monday, May 6th the Court of Appeals for the District of Columbia Circuit held oral argument in...
- forum-news-feed/forum-money-market-fundsMay 6, 2013
According to news reports, the SEC’s money market fund reform proposal may only require prime...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governanceMay 2, 2013
The Northern Lights fund trustees have settled SEC charges regarding materially untrue or...
- forum-news-feed/forum-money-market-fundsMay 1, 2013
A recent Journal of Finance article evaluated how successful the Asset-Backed Commercial Paper...
- forum-news-feed/forum-money-market-fundsApril 26, 2013
The FSOC’s 2013 Annual Report states that the council will not issue final recommendations on...
- forum-news-feed/forum-referenceApril 25, 2013
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
- forum-news-feed/forum-referenceApril 25, 2013
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
- forum-news-feed/forum-etfsApril 24, 2013
In an interview with Reuters, SEC Investment Management Division Director Norm Champ discussed the...
- forum-news-feed/forum-regulatory-newsApril 23, 2013
Legislation intended to let states collect sales taxes on online sales transactions could also...
- forum-news-feed/forum-regulatory-newsApril 23, 2013
New legislation introduced by Congresswoman Maxine Waters, Ranking Member of the House Financial...
- forum-news-feed/forum-regulatory-newsApril 22, 2013
SEC Chairman Mary Jo White will name a trusted former colleague, Andrew Ceresney, to be her...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-ccoApril 19, 2013
When issuing new joint identity theft rules earlier this month, the CFTC and SEC clarified that a...
- forum-news-feed/forum-money-market-fundsApril 18, 2013
The SEC will likely suggest a floating NAV for prime money market funds when it releases its...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipApril 17, 2013
Boardmember.com recently published an interesting article on how boards can assess and increase...
- forum-news-feed/forum-shareholder-disclosureApril 16, 2013
The SEC’s Investment Advisory Committee has recommended five changes to the proposed rule on...
- forum-news-feed/forum-other-oversightApril 15, 2013
The SEC and the CFTC have jointly adopted rules requiring certain entities, including investment...
- forum-news-feed/forum-money-market-fundsApril 12, 2013
A money market fund reform proposal is expected from the SEC in the next two months, according to...
- April 11, 2013
Mary Jo White was sworn in yesterday as the 31st Chair of the SEC. Chairman White comes to the SEC...
- forum-news-feed/forum-regulatory-newsApril 10, 2013
A recent Wall Street Journal article asked four mutual fund and investing experts: What do you...
- forum-news-feed/forum-regulatory-newsApril 9, 2013
Yesterday, the Senate confirmed SEC nominee Mary Jo White by unanimous consent. She is expected to be...
- forum-news-feed/forum-accounting-and-auditApril 8, 2013
The Center for Audit Quality has released a new video, “Fighting Fraud,” that addresses how...
- forum-news-feed/forum-regulatory-newsApril 4, 2013
A recent report from the SEC makes clear that companies can use social media outlets like Facebook and...
- forum-news-feed/forum-news-and-eventsApril 3, 2013
The Forum's annual Policy Conference, held in Washington DC on April 10-11, 2013, brings...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesApril 2, 2013
Davis Polk has issued a client memo titled “An Asset Manager’s Guide to Swap Trading in the New...
- forum-news-feed/forum-other-oversightApril 1, 2013
Portfolio manager turnover often raises a red flag to investors, but sometimes can actually be a...
- forum-news-feed/forum-regulatory-newsMarch 29, 2013
Current Senate Banking Committee Chairman Tim Johnson (D-SD) has announced that he will not seek...
- forum-news-feed/forum-other-oversightMarch 28, 2013
The former directors of the Regions Morgan Keegan funds have agreed to settle with the SEC over...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesMarch 27, 2013
In a recent Financial Times article, Robert Pozen and Theresa Hamacher argue that new regulations need...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-reference;forum-news-feed/forum-valuationMarch 26, 2013
According to the Wall Street Journal, the Morgan Keegan valuation case may be a sign that the SEC...
- newsroom/other-oversight/alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-distributionMarch 22, 2013
Carlo di Fiorio, director of the SEC Office of Compliance Inspection and Examinations, spoke...
- forum-news-feed/forum-regulatory-newsMarch 21, 2013
The Senate Banking Committee has approved the nomination of Mary Jo White to become the next chair of...
- forum-news-feed/forum-regulatory-newsMarch 20, 2013
The role of fund directors was a focus of a recent speech by Norm Champ, Director of the SEC...
- forum-news-feed/forum-regulatory-newsMarch 19, 2013
Michael Piwowar, the chief Republican economist for the Senate Banking Committee, is being vetted...
- forum-news-feed/forum-regulatory-newsMarch 18, 2013
The U.S. Chamber of Commerce has issued a report highlighting the benefits of cost-benefit...
- forum-news-feed/forum-regulatory-newsMarch 15, 2013
Sutherland has issued a legal alert summarizing selected sessions from “The SEC Speaks in 2013.” ...
- forum-news-feed/forum-regulatory-newsMarch 14, 2013
Norm Champ, Director of the SEC Division of Investment Management, recently outlined his short and...
- forum-news-feed/forum-regulatory-newsMarch 13, 2013
The Senate Banking Committee held confirmation hearings yesterday on Mary Jo White’s nomination to...
- forum-news-feed/forum-news-and-eventsMarch 12, 2013
The Forum's annual Policy Conference will be held in Washington DC on April 10-11, 2013. The...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-distributionMarch 11, 2013
The SEC will begin an exam sweep of mutual fund distribution fees, including 12b-1, sub-transfer...
- forum-news-feed/forum-money-market-fundsMarch 7, 2013
SEC staff have reportedly met with IRS officials to discuss tax implications if money market funds were...
- forum-news-feed/forum-other-oversightMarch 5, 2013
A recent paper found that the “invisible” costs of fund trading, which are not reflected in the fund...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesMarch 3, 2013
Oral argument in the case challenging a CFTC rule affecting funds has been scheduled by the Court...
- forum-news-feed/forum-regulatory-newsFebruary 28, 2013
In a decision that will limit the SEC’s ability to obtain fines in actions alleging fraud, the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesFebruary 27, 2013
Funds using alternative investment strategies are a rising focus of the SEC, according to Andrew...
- forum-news-feed/forum-regulatory-newsFebruary 26, 2013
The Senate is expected to hold confirmation hearings on March 11 regarding the nomination of Mary...
- forum-news-feed/forum-regulatory-newsFebruary 25, 2013
In a speech last week, SEC Commissioner Daniel Gallagher criticized the existence of the Financial...
- forum-news-feed/forum-regulatory-newsFebruary 24, 2013
The SEC Office of Compliance Inspection and Examinations (OCIE) has released its examination...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionFebruary 21, 2013
A recent paper analyzes the potential effects of a proposed Department of Labor (DOL) rule that...
- February 20, 2013
Active mutual fund managers are becoming less “active,” according to research reported in an...
- forum-news-feed/forum-etfsFebruary 18, 2013
A recent Morningstar paper found that changes to ETF premiums could be predicted with a good...
- forum-news-feed/forum-regulatory-newsFebruary 14, 2013
Senator Tom Harkin (D-IA) and Congressman Peter DeFazio (D-OR) are planning to reintroduce The Wall...
- forum-news-feed/forum-money-market-fundsFebruary 13, 2013
The Presidents of all 12 Federal Reserve Banks support enacting reforms for money market funds,...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionFebruary 12, 2013
The National Bureau of Economic Research recently studied whether mutual fund families acting as...
- forum-news-feed/forum-money-market-fundsFebruary 11, 2013
The New York Federal Reserve Bank has issued a staff report asserting that money market funds...
- forum-news-feed/forum-money-market-fundsFebruary 10, 2013
On February 8, 2013, the Forum filed a comment letter with the Financial Stability Oversight...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesFebruary 7, 2013
On February 6, the Forum filed an amicus brief in the lawsuit over recent changes to CFTC’s Rule 4.5...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionFebruary 6, 2013
A recent academic study looks at how sales loads and revenue sharing affect fund inflows and...
- forum-news-feed/forum-money-market-fundsFebruary 5, 2013
Money market fund inflows have sharply increased since the expiration of FDIC guarantees for...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-referenceFebruary 4, 2013
In comments to the press, both SEC Chairman Elisse Walter and Commissioner Daniel Gallagher...
- forum-news-feed/forum-board-governanceFebruary 3, 2013
Fund Directions has announced that Carl Frischling will receive the Lifetime Achievement Award at...
- forum-news-feed/forum-etfsJanuary 30, 2013
Forbes recently published a detailed profile of the ETF industry. Although the largest sponsors are...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lendingJanuary 29, 2013
BlackRock and the independent directors of the iShares funds are being sued over allegedly...
- forum-news-feed/forum-money-market-fundsJanuary 28, 2013
A recent Morningstar article discussed what it means for consumers now that several large fund...
- forum-news-feed/forum-board-governanceJanuary 27, 2013
Dechert has issued a legal update summarizing a recent court decision that applied a stricter...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 24, 2013
Yesterday, President Obama announced that he would nominate Mary Jo White as the next SEC...
- forum-news-feed/forum-money-market-fundsJanuary 23, 2013
Bruce Bent and his son, managers of the Reserve Primary Fund that broke the buck in September...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 22, 2013
Bloomberg reported that the U.S. Consumer Financial Protection Bureau (CFPB) is considering...
- forum-news-feed/forum-money-market-fundsJanuary 21, 2013
In comment letters to the U.S. Financial Stability Oversight Council (FSOC), Vanguard and the...
- forum-news-feed/forum-money-market-fundsJanuary 18, 2013
During the question and answer follow up to a speech last Wednesday, SEC Commissioner Daniel...
- forum-news-feed/forum-money-market-fundsJanuary 14, 2013
Several money market funds have announced that they will start disclosing their market-based NAV...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionJanuary 10, 2013
Investors are shifting large amounts of money from actively-managed funds to lower-cost index...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 9, 2013
The SEC has announced that Enforcement Director Robert Khuzami will leave the agency after nearly...
- forum-news-feed/forum-accounting-and-auditJanuary 8, 2013
Sullivan & Cromwell has issued a helpful summary of a new auditing standard regarding...
- forum-news-feed/forum-shareholder-disclosureJanuary 7, 2013
Broker-dealer LPL was fined $400,000 by FINRA for failing to implement and maintain adequate...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationJanuary 3, 2013
Former Evergreen portfolio manager, Lisa Premo, has been found by an SEC Administrative Law Judge to...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 2, 2013
The Chamber of Commerce and the ICI are appealing the District Court decision that upheld a CFTC...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationDecember 25, 2012
On December 10, 2012, the SEC filed an order instituting enforcement proceedings against eight...
- forum-news-feed/forum-advisory-contractsDecember 20, 2012
A federal judge recently refused to dismiss a complaint against Hartford Investment Financial...
- forum-news-feed/forum-shareholder-disclosureDecember 19, 2012
On December 19, the SEC announced charges against the investment advisory firms and portfolio...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 18, 2012
At a recent speech, Norm Champ, the Director of the SEC Division of Investment Management,...
- forum-news-feed/forum-money-market-fundsDecember 17, 2012
The SEC plans to ask a federal judge for a new trial against Bruce Bent Sr. and Bruce Bent II,...
- forum-news-feed/forum-money-market-fundsDecember 16, 2012
Federated has asked the Financial Stability Oversight Council (FSOC) to fix inconsistencies in its money...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 13, 2012
Last week, the U.S. District Court for the District of Columbia issued a ruling rejecting the...
- forum-news-feed/forum-money-market-fundsDecember 11, 2012
Following the release of an SEC study on money market funds, SEC Commissioner Luis Aguilar told...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationDecember 10, 2012
Yesterday, the SEC announced charges against eight former independent directors of the Regions...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesDecember 9, 2012
The SEC staff is lifting its moratorium on approving exemptive requests for actively-managed ETFs...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationDecember 6, 2012
A recent Wall Street Journal article profiles the use of portfolio pumping, especially by...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceDecember 5, 2012
Congressman Tom Price (R-GA) has introduced a bill that would make it more difficult for foreign...
- forum-news-feed/forum-referenceDecember 4, 2012
Global banks are rediscovering the appeal of the asset management business, according to a recent...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionDecember 3, 2012
A recent Pensions&Investments column urges defined contribution plan sponsors and consultants to...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 2, 2012
Last Thursday, Congressman Barney Frank (MA-D) and Congressman Mike Capuano (MA-D) introduced legislation...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 29, 2012
The SEC announced that it filed 734 enforcement actions in the fiscal year that ended September...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 28, 2012
Two SEC Commissioners have voiced concerns over the proposed rule that would lift the ban on...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 27, 2012
The SEC has announced that SEC Chairman Mary Schapiro will step down from her position on December 14,...
- November 25, 2012
According to a new study by Fitch, money market funds are significantly more liquid now than they...
- forum-news-feed/forum-advisory-contractsNovember 19, 2012
The SEC Division of Investment Management staff recently issued guidance on combining separate...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceNovember 18, 2012
K&L Gates has released its “2012 Election Guide: A Guide to Changes in Congress.” The guide is...
- forum-news-feed/forum-referenceNovember 15, 2012
The Congressional Budget Office (CBO) has released a report titled “Choices for Deficit Reduction”...
- forum-news-feed/forum-news-and-eventsNovember 14, 2012
On November 28th at 9:00 a.m., the Mutual Fund Directors Forum and the Center for Financial Policy at the...
- forum-news-feed/forum-money-market-fundsNovember 13, 2012
Yesterday, the Financial Stability Oversight Council (FSOC) voted to release a money market fund...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 12, 2012
Norm Champ made his first public speech as the Director of the SEC Division of Investment...
- forum-news-feed/forum-money-market-fundsNovember 11, 2012
The Financial Stability Oversight Council (“FSOC”) is set to meet tomorrow (Nov. 13) at 2:30 p.m....
- forum-news-feed/forum-money-market-fundsNovember 7, 2012
On November 5, the U.S. Chamber of Commerce sent a letter to Treasury Secretary Timothy Geithner...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 6, 2012
The SEC has announced that it will extend filing deadlines for those affected by Hurricane Sandy and...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceNovember 5, 2012
More than 1,500 hedge fund advisers have registered with the SEC since the Dodd-Frank Act was...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-closed-end-fundsNovember 4, 2012
According to the Wall Street Journal, approximately 300 closed-end bond funds are trading at a...
- forum-news-feed/forum-money-market-fundsNovember 2, 2012
Thomas P. Vartanian, chair of Dechert LLP’s Financial Institutions practice, has sent a letter to the...
- forum-news-feed/forum-money-market-fundsNovember 1, 2012
Officials from several mutual fund operators, including BlackRock and Fidelity, met with the SEC...
- forum-news-feed/forum-money-market-fundsOctober 29, 2012
MFWire is following the Reserve Primary Fund’s trial by updating a living timeline and providing...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingOctober 26, 2012
On October 16th, Institutional Shareholder Services (ISS) proposed updates to its proxy voting...
- forum-news-feed/forum-money-market-fundsOctober 25, 2012
MFWire has published a living timeline detailing the collapse of the Reserve Primary Fund in 2008...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsOctober 23, 2012
According to a recent Bloomberg article, Chairman Schapiro is tired of the late nights and...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsOctober 22, 2012
A recent paper, "From Independence to Politics in Financial Regulation," finds that new laws in...
- forum-news-feed/forum-money-market-fundsOctober 19, 2012
In early October, the International Organization of Securities Commissions (IOSCO) published a...
- forum-news-feed/forum-money-market-fundsOctober 18, 2012
Researchers at the Federal Reserve of New York have spoken out in support of a money market fund...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-referenceOctober 17, 2012
The SEC is scrutinizing brokerage and advisory firms to see whether “enough resources have been...
- forum-news-feed/forum-accounting-and-auditOctober 16, 2012
Seven organizations, including the Forum, interested in corporate governance issues have...
- forum-news-feed/forum-money-market-fundsOctober 15, 2012
In a recent speech, Federal Reserve Governor Daniel Tarullo publically voiced his concern that money...
- forum-news-feed/forum-etfsOctober 12, 2012
A recent USA Today column asks: When are there too many ETFs? The author asserts that although...
- forum-news-feed/forum-money-market-fundsOctober 11, 2012
The civil fraud trial against money market fund creator Bruce Bent and his son began yesterday. The...
- forum-news-feed/forum-money-market-fundsOctober 10, 2012
BlackRock has released its own proposal for money market fund reform which would impose circuit...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesOctober 9, 2012
Last Friday, a federal district court heard arguments on whether to strike a CFTC rule that would...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsOctober 5, 2012
The US Supreme Court has agreed to hear an appeal by two Gabelli executives who claim the SEC waited...
- forum-news-feed/forum-board-governanceOctober 4, 2012
PwC recently released its annual corporate directors survey on board room practices and...
- forum-news-feed/forum-board-governanceOctober 3, 2012
NICSA has written a white paper that reviews evolving best practices for oversight of fund omnibus...
- October 2, 2012
A federal judge has ruled that the holder of a variable annuity has standing to bring a claim...
- forum-news-feed/forum-money-market-fundsOctober 1, 2012
One of the Commissioners who opposed SEC Chairman Mary Schapiro’s money market fund reform...
- forum-news-feed/forum-money-market-fundsSeptember 28, 2012
Treasury Secretary Timothy Geithner has written a letter asking the members of the Financial...
- forum-news-feed/forum-money-market-fundsSeptember 27, 2012
In a recent Wall Street Journal op-ed, SEC Chairman Mary Schapiro called on the Financial...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsSeptember 26, 2012
In a recent speech, Commissioner Gallagher described the increased volume and pace of agency rulemaking...
- forum-news-feed/forum-money-market-fundsSeptember 25, 2012
Senator Bob Corker (R-TN), a member of the Senate Banking Committee, has urged the SEC...
- forum-news-feed/forum-referenceSeptember 24, 2012
A new study by the Center for Audit Quality shows that almost two-thirds of individual investors...
- forum-news-feed/forum-etfs;forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionSeptember 20, 2012
A recent report by Cogent Research finds that while advisors currently use mutual funds more than...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesSeptember 18, 2012
A recent Reuters column discusses the current status of IRS private letter rulings (PLRs) that...
- forum-news-feed/forum-board-governanceSeptember 17, 2012
The SEC recently settled an administrative proceeding against two investment advisory firms and their...
- forum-news-feed/forum-board-governanceSeptember 13, 2012
Shearman & Sterling has released its annual surveys regarding governance and compensation...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesSeptember 12, 2012
On August 14th, the CFTC staff issued several responses to frequently asked questions regarding...
- forum-news-feed/forum-money-market-fundsSeptember 11, 2012
In an interview with the Associated Press, Vanguard founder John C. "Jack" Bogle expressed his strong...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-referenceSeptember 7, 2012
The Mutual Fund Directors Forum today released a special report, "Practical Guidance for Fund...
- forum-news-feed/forum-money-market-fundsSeptember 6, 2012
In the wake of SEC Chairman Mary Schapiro's announcement that the SEC will not be voting on a...
- forum-news-feed/forum-money-market-fundsSeptember 5, 2012
SEC Commissioner Daniel Gallagher and SEC Commissioner Troy Paredes have offered an alternative to the...
- forum-news-feed/forum-money-market-fundsAugust 30, 2012
In a recent statement, SEC Commissioner Luis Aguilar explained why he opposed submitting SEC...
- forum-news-feed/forum-board-governanceAugust 29, 2012
Advancing Fund Governance will hold its 2012 annual gathering on September 13-14, 2012 in...
- forum-news-feed/forum-money-market-fundsAugust 28, 2012
In a joint comment letter recently filed with the SEC, a dozen organizations highlighted the...
- forum-news-feed/forum-accounting-and-auditAugust 27, 2012
The Public Company Accounting Oversight Board has adopted a new Auditing Standard No. 16, entitled...
- forum-news-feed/forum-money-market-fundsAugust 23, 2012
Yesterday, SEC Chairman Mary Schapiro announced that the SEC will not hold a vote on issuing a...
- forum-news-feed/forum-accounting-and-auditAugust 22, 2012
The Public Company Accounting Oversight Board, or PCAOB, has issued a guide to assist members of...
- August 21, 2012
KPMG has issued a Roundtable Report entitled "Is Governance Keeping Pace?" The report discusses how...
- forum-news-feed/forum-money-market-fundsAugust 20, 2012
Sheila Bair, former chair of the Federal Deposit Insurance Corporation (FDIC) and current chair of...
- forum-news-feed/forum-money-market-fundsAugust 16, 2012
The SEC has charged an investment manager and his firm for failing to provide a fund's Board with...
- forum-news-feed/forum-money-market-fundsAugust 15, 2012
A recent study by the Federal Reserve Bank of Boston identified at least 21 money market funds...
- forum-news-feed/forum-money-market-fundsAugust 14, 2012
The Financial Times recently reported that the number of European mutual funds is shrinking as...
- forum-news-feed/forum-money-market-fundsAugust 13, 2012
The SEC has compiled a list of 155 money market funds that obtained SEC staff permission to...
- forum-news-feed/forum-money-market-fundsAugust 9, 2012
On August 29th the SEC plans to vote on whether to propose money market reform, according to the...
- forum-news-feed/forum-money-market-fundsAugust 8, 2012
FitchRatings recently reported that money market fund exposure to eurozone banks fell by 33% from...
- forum-news-feed/forum-board-governanceAugust 7, 2012
A recent study by the Credit Suisse Research Institute finds that companies with women on their boards...
- forum-news-feed/forum-referenceAugust 6, 2012
On August 2nd, the Deputy Director of the Division of Investment Management at the SEC, Robert E....
- forum-news-feed/forum-money-market-fundsAugust 2, 2012
Federated has filed a new comment letter with the SEC opposing potential money market fund...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesAugust 1, 2012
A recent report by State Street and the TABB Group discusses where the investment community stands on a...
- forum-news-feed/forum-board-governanceJuly 31, 2012
The Center for Audit Quality, or CAQ, has released a lighthearted video giving an accessible...
- forum-news-feed/forum-money-market-fundsJuly 30, 2012
At a Senate Banking Committee hearing last Thursday, US Treasury Secretary Timothy Geithner...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceJuly 25, 2012
Senators Jack Reed (D-RI) and Chuck Grassley (R-IA) are introducing legislation to strengthen the...
- forum-news-feed/forum-money-market-fundsJuly 24, 2012
On June 29, 2012, Boston Fed President Eric Rosengren spoke about whether US financial structures...
- forum-news-feed/forum-money-market-fundsJuly 23, 2012
In its 2012 annual report, the Financial Stability Oversight Council (FSOC) endorsed SEC Chairman...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 19, 2012
The SEC recently voted to require the national securities exchanges and FINRA to establish a...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 18, 2012
According to a recent study by NERA Economic Consulting, the SEC is on pace to settle with more...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 17, 2012
In a recent letter, a bipartisan group of Congressmen have requested that the Financial Stability Oversight...
- forum-news-feed/forum-money-market-fundsJuly 16, 2012
Melanie Fein, a former senior counsel to the Board of Governors of the Federal Reserve System, has...
- forum-news-feed/forum-money-market-fundsJuly 12, 2012
Bob Plaze, a senior SEC official in the Division of Investment Management, has provided additional details on...
- forum-news-feed/forum-advisory-contractsJuly 11, 2012
A Morgan Stanley subadviser has agreed to pay $1.6 million to settle SEC charges that it collected...
- forum-news-feed/forum-referenceJuly 10, 2012
MorningstarAdvisor recently conducted an interview with Susan Ferris Wyderko, President and CEO of...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 9, 2012
Norm Champ has been announced as the next Director of the SEC's Division of Investment Management. ...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 5, 2012
A group supporting the CFTC in its ongoing litigation over the implementation of CFTC Rule 4.5,...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 3, 2012
The CFTC has responded to the allegations in the lawsuit filed by the Chamber of Commerce and the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJuly 2, 2012
During his speech at the Forum's 2012 Policy Conference, CFTC Commissioner Bart Chilton criticized the SEC...
- forum-news-feed/forum-money-market-fundsJune 28, 2012
A staff proposal for money market fund reform was circulated to the SEC Commissioners on June...
- forum-news-feed/forum-money-market-fundsJune 27, 2012
On June 21st, the Senate Banking Committee held a hearing entitled "Perspectives on Money Market...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJune 26, 2012
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJune 25, 2012
Morningstar and Barron's recently released the results of the sixth annual survey regarding the...
- forum-news-feed/forum-money-market-fundsJune 21, 2012
Peter J. Wallison of the American Enterprise Institute has written an article entitled, "Does...
- forum-news-feed/forum-riskJune 20, 2012
In a recent speech, Craig Lewis, Chief Economist and Director of the SEC's Division of Risk,...
- newsroom/other-oversight;forum-news-feed/forum-valuationJune 19, 2012
The Mutual Fund Directors Forum today released a special report, "Practical Guidance for Fund...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 18, 2012
On Monday, June 18, 2012 the Forum's Policy Conference kicks off with a reception celebrating the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 15, 2012
The Securities and Exchange Commission has announced that Eileen Rominger, Director of the...
- forum-news-feed/forum-riskJune 14, 2012
Ernst & Young and Greenwich Associates recently conducted a survey of 44 asset management...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceJune 13, 2012
In recent testimony before the House Committee on Financial Services, FINRA Chairman and Chief...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingJune 12, 2012
The Davis Polk law firm has issued its "Mid-Season Update on the 2012 Proxy Season," noting that the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 11, 2012
In a recent speech to the AICPA, SEC Commissioner Troy Paredes discussed, in part, the importance...
- forum-news-feed/forum-money-market-fundsJune 7, 2012
Former Treasury Secretary Henry Paulson has weighed in with advice for SEC Chairman Schapiro on...
- newsroom/other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJune 6, 2012
On May 22, SEC Chairman Mary Schapiro gave testimony before the Senate Committee on Banking,...
- forum-news-feed/forum-news-and-eventsJune 5, 2012
Please join us on June 18, 2012 for a reception celebrating the retirement of Allan Mostoff, the...
- newsroom/other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 31, 2012
On May 22, CFTC Chairman Gary Gensler (along with SEC Chairman Mary Schapiro) testified before the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 29, 2012
On May 25, 2012, the Forum filed a "friend of the court" brief in a lawsuit brought by the ICI and the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 24, 2012
The Investment Company Institute (ICI) and the Chamber of Commerce (Chamber) recently filed a...
- forum-news-feed/forum-money-market-fundsMay 23, 2012
In a May 17 letter to Ben Bernanke, Melanie Fein, a former senior counsel to the Board of...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 22, 2012
In a recent speech, CFTC Commissioner Bart Chilton discussed the difficulties litigation poses for...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceMay 21, 2012
At a recent open meeting of the CFTC, CFTC Chairman Gary Gensler announced that a staffer from the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lendingMay 17, 2012
In 2012 the Forum issued a report entitled Practical Guidance for Directors on the Oversight of...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceMay 16, 2012
A coalition of 15 trade associations representing the retirement plan community, including...
- forum-news-feed/forum-news-and-eventsMay 15, 2012
The Forum's annual Policy Conference, held in Washington DC on June 19-20, 2012, brings...
- forum-news-feed/forum-money-market-fundsMay 14, 2012
As previously reported, the Technical Committee of the International Organization of Securities...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 10, 2012
In a recent speech, Commissioner Aguilar expressed concern about the vulnerability of seniors to...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 9, 2012
On April 17, SEC Chairman Mary Schapiro testified about the SEC's approach to economic analysis in its...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 8, 2012
In a March alert entitled SEC Speaks 2012: An Entrepreneurial and Restructured SEC pledges...
- forum-news-feed/forum-board-governanceMay 7, 2012
On Wednesday, May 30, 2012 from 11:00 - 12:30, KPMG is holding a free session to address concerns...
- forum-news-feed/forum-money-market-fundsMay 4, 2012
In a May 1, 2012 letter to SEC Chairman Mary Schapiro, 33 members of Congress from both sides of...
- forum-news-feed/forum-money-market-fundsMay 3, 2012
The Technical Committee of the International Organization of Securities Commissions (IOSCO) has...
- forum-news-feed/forum-money-market-fundsMay 2, 2012
The Mutual Fund Directors Forum has issued a joint statement with the ICI's Independent Directors...
- forum-news-feed/forum-money-market-fundsMay 1, 2012
Treasury Strategies has released a survey, commissioned by the Investment Company Institute,...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionApril 30, 2012
Recently Deloitte published a paper entitled, "The Omnibus Revolution, Managing risk across an...
- forum-news-feed/forum-money-market-fundsApril 27, 2012
A former Federal Reserve attorney, Melanie Fein, has written a letter to Boston Fed chief Eric...
- forum-news-feed/forum-money-market-fundsApril 26, 2012
On April 25, 2012, SEC Chairman Mary Schapiro testified to a subcommittee of the House Financial...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 25, 2012
The Financial Stability Oversight Council ("FSOC") recently issued final rules and interpretive...
- forum-news-feed/forum-referenceApril 24, 2012
A recent study entitled 401(k) Plans in Living Color: A Study of 401(k) Savings Disparities Across...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 23, 2012
In March 2012, the technical committee of the International Organization of Securities Commissions (IOSCO)...
- forum-news-feed/forum-money-market-fundsApril 20, 2012
In remarks on April 18, 2012, Mary Miller, the Under Secretary for Domestic Finance at the...
- forum-news-feed/forum-money-market-fundsApril 19, 2012
In a letter dated April 17, 2012 to SEC Chairman Mary Schapiro, House Financial Services Committee...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceApril 17, 2012
Morrison & Foerster has released a report on the implementation of the Dodd-Frank Act. Although...
- forum-news-feed/forum-money-market-fundsApril 13, 2012
In a recent speech, Eric Rosengren, the President of the Federal Reserve Bank of Boston, outlined...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 12, 2012
Morgan Lewis has issued a summary of 2011 SEC enforcement cases and developments pertaining to...
- forum-news-feed/forum-money-market-fundsApril 11, 2012
In a speech given on April 9, 2012, Federal Reserve Chairman Ben Bernanke Bernanke highlighted his belief...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 6, 2012
In recent testimony before the Senate Committee on Banking, Housing, and Urban Affairs, SEC...
- forum-news-feed/forum-accounting-and-auditApril 5, 2012
On March 28, 2012, the House Financial Services Capital Markets Subcommittee held a hearing...
- forum-news-feed/forum-money-market-fundsApril 4, 2012
A recent paper, Shooting the Messenger: The Fed and Money Market Funds, examines recent concerns...
- forum-news-feed/forum-advisory-contractsApril 3, 2012
On March 30, 2012, the Eighth Circuit Court of Appeals granted summary judgment in favor of...
- forum-news-feed/forum-money-market-fundsApril 2, 2012
The Forum has filed with the SEC a comment letter concerning significant money market fund reform...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 30, 2012
In an article written for The Conference Board entitled From Enron to Lehman Brothers: Lessons for...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceMarch 29, 2012
The SEC has released a study that shows target-date funds are misunderstood by a majority of...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 28, 2012
In a decision issued on March 15, the Second Circuit Court of Appeals issued a stay postponing a...
- forum-news-feed/forum-accounting-and-auditMarch 27, 2012
The PCAOB has conducted a public meeting with a wide variety of speakers commenting upon the...
- forum-news-feed/forum-money-market-fundsMarch 26, 2012
In a speech on March 19, SEC Commissioner Elisse Walter encouraged the industry to engage with the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 22, 2012
Morrison & Foerster has issued a 2011 Insider Trading Annual Review. In 2011, the government...
- forum-news-feed/forum-money-market-fundsMarch 20, 2012
In a speech last Thursday, SEC Chairman Mary Schapiro reiterated her belief that additional money...
- forum-news-feed/forum-money-market-fundsMarch 19, 2012
DST Systems, Inc., which provides shareholder recordkeeping for the mutual fund industry, recently wrote a...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 16, 2012
The SEC recently adopted rules that impose new restrictions on who can be charged...
- forum-news-feed/forum-etfs;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 15, 2012
A recent article by Pensions & Investments discussed the status of ETF regulations in the U.S. and...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 14, 2012
According to InvestmentNews, the financial industry has declined to provide the Labor Department with...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 13, 2012
A recent Bloomberg article reported that less than halfway through the process of implementing the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 12, 2012
In recent speeches, Commissioner Daniel M. Gallagher and Troy A. Paredes supported a reproposal of the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 9, 2012
In testimony this past Tuesday, SEC Chairman Mary Schapiro asked Congress for an 18.5% increase in its...
- forum-news-feed/forum-money-market-fundsMarch 8, 2012
Recently, Federated submitted a comment letter to the SEC evaluating the concept of a 30-day...
- forum-news-feed/forum-money-market-fundsMarch 7, 2012
BlackRock has issued a paper exploring two commonly mentioned options for money market fund...
- forum-news-feed/forum-money-market-fundsMarch 5, 2012
Recently Fidelity Investments provided the SEC with research analyzing the impact of the 2010...
- forum-news-feed/forum-money-market-fundsMarch 2, 2012
In response to a question from Senator Charles Schumer (D-NY) at a Senate Banking Committee...
- forum-news-feed/forum-money-market-fundsMarch 1, 2012
A recent op-ed by Sallie Krawcheck, former president of global wealth and investment management at Bank...
- forum-news-feed/forum-referenceFebruary 29, 2012
As reported by the Wall Street Journal, the FBI is currently investigating approximately 240...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 28, 2012
SEC Chairman Schapiro is considering options to reign in high-frequency trading, including...
- forum-news-feed/forum-money-market-fundsFebruary 27, 2012
Chairman Schapiro gave an emphatic speech last Friday about the need for money market fund reform,...
- forum-news-feed/forum-etfs;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 24, 2012
As first reported by Reuters, the SEC is investigating a possible connection between...
- forum-news-feed/forum-referenceFebruary 23, 2012
In several recent public appearances, senior members of the SEC staff have commented on their...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesFebruary 22, 2012
Recently, Morrison and Foerster issued a client alert discussing the new CFTC rules that will...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 21, 2012
On Wednesday, February 16th, the House Financial Services Committee approved the "SEC Regulatory...
- forum-news-feed/forum-money-market-fundsFebruary 17, 2012
Yesterday, a Wall Street Journal article discussed individual investor concerns over the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesFebruary 16, 2012
Eileen Rominger, the Director of the SEC Division of Investment Management, stated in a recent speech...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceFebruary 15, 2012
On Thursday, February 16th, the House Financial Services Committee will mark-up the "SEC...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 14, 2012
The Commodity Futures Trading Commission (CFTC) has issued a rule that requires most funds...
- forum-news-feed/forum-shareholder-disclosureFebruary 13, 2012
As part of a review mandated by the Dodd-Frank Act, the SEC has requested public comment on...
- forum-news-feed/forum-accounting-and-auditFebruary 9, 2012
In an unusual split decision, the SEC named Jeanette M. Franzel to be a member of the Public...
- newsroom/other-oversight/alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 9, 2012
Today, the CFTC announced that they have adopted a final rule requiring funds that invest more...
- forum-news-feed/forum-money-market-fundsFebruary 8, 2012
The SEC staff is reportedly set to propose several extensive changes to money market fund...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceFebruary 6, 2012
Last Thursday, the Senate overwhelmingly (93-7) passed a bill that would prohibit lawmakers and...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 2, 2012
Davis Polk recently released a Dodd-Frank Progress Report. The report provides several useful...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 2, 2012
On his final day with the SEC, outgoing Inspector General David Kotz issued a report criticizing the...
- forum-news-feed/forum-money-market-fundsFebruary 1, 2012
According to a Bloomberg article, Federated is willing to use legal action to block money market...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 31, 2012
Last Thursday, the Senate Permanent Subcommittee on Investigations held a hearing on the tax...
- forum-news-feed/forum-etfsJanuary 30, 2012
A recent opinion piece by a Morningstar ETF analyst argues that leveraged ETFs are not the cause...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 26, 2012
Gibson Dunn has produced a 2011 Year-End Securities Enforcement Update that provides a detailed...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationJanuary 26, 2012
The SEC recently filed charges against Lisa Premo, a former portfolio manager of the Evergreen...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 25, 2012
Tomorrow at 10 a.m., the Senate Permanent Subcommittee on Investigations will hold a hearing...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesJanuary 24, 2012
According to a Bloomberg article, the CFTC may vote in the next few days to require mutual funds to...
- forum-news-feed/forum-money-market-fundsJanuary 20, 2012
In a recent American Banker editorial, John D. Hawke, Jr. posits that recent proposals to...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 19, 2012
Inspector General H. David Kotz will leave the SEC at the end of January to join a private...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationJanuary 18, 2012
Yesterday, the SEC charged UBS Global Asset Management ("UBS") with failing to properly price...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceJanuary 17, 2012
In order to perform additional cost-benefit analysis, the SEC is delaying a new rule proposal that...
- forum-news-feed/forum-accounting-and-auditJanuary 13, 2012
From May to June of last year, the Center for Audit Quality sponsored a series of roundtable...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceJanuary 12, 2012
In a recent client publication, Shearman & Sterling summarizes the Federal Reserve's recent...
- forum-news-feed/forum-other-oversightJanuary 11, 2012
Morningstar launched a new qualitative rating system for mutual funds at the end of last year...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 10, 2012
On January 6, 2012, the SEC announced that it will no longer allow companies to "neither admit nor...
- forum-news-feed/forum-other-oversight/forum-distributionJanuary 9, 2012
The SEC's Office of Compliance Inspections and Examinations recently issued a National Examination Risk...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 5, 2012
The comment period on the so-called "Volcker Rule" proposal has been extended from January 13,...
- forum-news-feed/forum-other-oversightJanuary 4, 2012
The Wall Street Journal recently reported on the SEC's use of computer analysis to detect fraud in...
- forum-news-feed/forum-money-market-fundsJanuary 3, 2012
In a recent speech, SEC Commissioner Gallagher stated that the agency should consider holding off on further...
- forum-news-feed/forum-news-and-eventsDecember 22, 2011
The Forum's annual Directors' Institute uses a case study to provide independent directors with a...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 21, 2011
The SEC has appealed a federal district court ruling that threw out a proposed settlement with...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesDecember 20, 2011
In a comment letter responding to the SEC's concept release on derivatives, Oppenheimer proposed that...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 19, 2011
This past weekend, Congress passed a $915 billion omnibus appropriations bill that will fund the...
- forum-news-feed/forum-accounting-and-auditDecember 16, 2011
On December 13, 2011, the Forum filed a comment letter on behalf of its membership opposing a...
- forum-news-feed/forum-other-oversightDecember 15, 2011
In his FundLaw news group, John Baker of Stradley Ronon discussed a recent federal bankruptcy...
- forum-news-feed/forum-money-market-fundsDecember 14, 2011
A recent study by Moody's Investors Service found that from 2007 to 2011, money market funds'...
- forum-news-feed/forum-referenceDecember 13, 2011
On December 8, 2011, Luis A. Aguilar was sworn in to begin his second term as an SEC Commissioner. ...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 9, 2011
On his FundLaw news group, Stradley Ronon's John Baker analyzed the fallout from the recent...
- forum-news-feed/forum-money-market-fundsDecember 8, 2011
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceDecember 7, 2011
In a recent letter to the Chairman and Ranking Member of the Senate Banking Subcommittee on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingDecember 6, 2011
Institutional Shareholder Services Inc. (ISS), one of the major proxy service providers to mutual...
- forum-news-feed/forum-money-market-fundsDecember 5, 2011
Several Senators, all members of the Senate Banking Committee, recently sent a letter to SEC...
- forum-news-feed/forum-board-governanceDecember 1, 2011
A recent Financial Times article examines businesses in the Cayman Islands that, for $5,000 to...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceNovember 30, 2011
A K&L Gates client alert discusses recently released data on the SEC's new whistleblower program...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceNovember 29, 2011
K&L Gates recently published a legal alert regarding recently proposed regulations to implement the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesNovember 28, 2011
A recent Financial Times article reports that the SEC appears to have increased its focus on...
- forum-news-feed/forum-advisory-contractsNovember 21, 2011
According to a recent Ignites article, the SEC is currently conducting a number of investigations...
- forum-news-feed/forum-money-market-fundsNovember 18, 2011
On November 16th, the Senate Banking Committee's Subcommittee on Securities, Insurance, and...
- forum-news-feed/forum-advisory-contractsNovember 17, 2011
On November 16, 2011, the SEC issued a "Cease and Desist" order against Morgan Stanley Investment...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 15, 2011
Tomorrow, the Senate Banking Committee's Subcommittee on Securities, Insurance, and Investment...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesNovember 10, 2011
<p> On November 7, 2011, the Mutual Fund Directors Forums submitted its comments on the SEC's...
- forum-news-feed/forum-money-market-fundsNovember 9, 2011
SEC Chairman Mary Schapiro recently indicated that the SEC may propose money market fund reforms in...
- forum-news-feed/forum-referenceNovember 8, 2011
Daniel M. Gallagher has been sworn into office as an SEC Commissioner and officially assumed his...
- forum-news-feed/forum-board-governanceNovember 7, 2011
On Wednesday, November 9th in Boston, the Mutual Fund Directors Forum and PwC will present "Risk...
- forum-news-feed/forum-other-oversightNovember 4, 2011
Yesterday, the Senate Permanent Subcommittee on Investigations held a hearing about excessive...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingNovember 3, 2011
A recent commentary by a Reuters contributor discusses the amount of power that mutual funds wield...
- forum-news-feed/forum-board-governanceNovember 2, 2011
A recent Sutherland legal alert discusses new proxy access amendments that will be effective for the...
- forum-news-feed/forum-other-oversight/forum-distributionNovember 1, 2011
According to a DrinkerBiddle legal alert, in recent months the Department of Labor has launched a...
- forum-news-feed/forum-shareholder-disclosureOctober 31, 2011
Recently, the SEC settled with FINRA for allegedly altering documents that were requested as part...
- forum-news-feed/forum-news-and-eventsOctober 28, 2011
On November 9, 2011 in Boston, the Mutual Fund Directors Forum and PwC will present a workshop...
- forum-news-feed/forum-etfsOctober 27, 2011
A recent commentary states that Congress is not seriously interested in addressing public concerns...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lendingOctober 26, 2011
A recent academic paper examined how the composition of mutual fund boards and the use of...
- forum-news-feed/forum-other-oversightOctober 25, 2011
Andrew J. Bowden has been appointed to replace Gene Gohlke as the Associate Director that leads...
- forum-news-feed/forum-referenceOctober 24, 2011
On Friday, October 21st, the Senate confirmed Daniel M. Gallagher and Luis A. Aguilar as...
- forum-news-feed/forum-etfsOctober 21, 2011
Morningstar recently announced that they will provide rankings and research on ETF managed...
- forum-news-feed/forum-etfsOctober 20, 2011
Yesterday, Eileen Rominger, the Director of Division of Investment Management, testified in front...
- forum-news-feed/forum-etfsOctober 19, 2011
BlackRock has recently issued a paper calling for greater transparency and consistent regulation of...
- forum-news-feed/forum-board-governanceOctober 18, 2011
On October 20, 2011 in Philadelphia, the Mutual Fund Directors Forum and Management Practice will...
- forum-news-feed/forum-advisory-contractsOctober 17, 2011
Lipper has recently released a study on subadvised fund expenses and management fees. Lipper found...
- forum-news-feed/forum-etfsOctober 14, 2011
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceOctober 13, 2011
On his FundLaw news group, Stradley Ronon's John Baker has prepared an excellent summary of FSOC's...
- forum-news-feed/forum-accounting-and-auditOctober 12, 2011
On October 18, 2011 in Washington, DC the Mutual Fund Directors Forum and KPMG will present a...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsOctober 11, 2011
A recent K&L Gates alert discusses when the CFTC regulations on OTC swaps will likely take effect. At...
- forum-news-feed/forum-money-market-fundsOctober 7, 2011
Yesterday, Treasury Secretary Timothy Geithner briefly discussed money market funds during his...
- forum-news-feed/forum-other-oversightOctober 6, 2011
The SEC staff issued a report summarizing its observations and concerns arising from a recent...
- forum-news-feed/forum-other-oversightOctober 5, 2011
A Morningstar closed-end fund analyst recently commented on the wide array of investment...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingOctober 4, 2011
A recent study analyzed mutual fund voting decisions in uncontested director elections. The study...
- forum-news-feed/forum-other-oversightOctober 3, 2011
A recent commentary posted on the Harvard Law School Forum on Corporate Governance and Financial...
- forum-news-feed/forum-other-oversight/forum-distributionSeptember 28, 2011
A recent article summarizes the findings of Cogent Research's 2011 study on investment advisers'...
- forum-news-feed/forum-other-oversight/forum-distributionSeptember 27, 2011
On September 19, 2011, the U.S. Department of Labor's Employee Benefits Security Administration announced...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingSeptember 26, 2011
A recent article, published in the Harvard Law School Forum on Corporate Governance and Financial...
- forum-news-feed/forum-board-governanceSeptember 23, 2011
Carne Global Financial Services recently released a research paper about the views of...
- forum-news-feed/forum-other-oversightSeptember 22, 2011
On October 11, 2011 in Chicago, the Mutual Fund Directors Forum and Morningstar will host a...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsSeptember 21, 2011
On September 6, 2011, the SEC announced that it is seeking public comment on the process it should...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceSeptember 20, 2011
A former senior analyst with Moody's has filed an unusual 78 page comment letter with the SEC,...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsSeptember 19, 2011
On September 15, 2011, Mutual Fund Directors Forum staff attended the House Financial Services...
- forum-news-feed/forum-other-oversightSeptember 16, 2011
On September 9, Eileen Rominger spoke at the Oversight of Derivatives Roundtable, co-hosted by the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsSeptember 15, 2011
At 10:00 am today, the House Financial Services Committee will hold a hearing entitled: "Fixing...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipSeptember 14, 2011
A recent academic study by Professors Carl R. Chen and Ying Huang determined that board quality,...
- forum-news-feed/forum-accounting-and-auditSeptember 13, 2011
On August 18, the Public Company Accounting Oversight Board (PCAOB) issued a concept release...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipSeptember 12, 2011
Bridging Board Gaps: Report of the Study Group on Corporate Boards is a thoughtful report produced in 2011...
- forum-news-feed/forum-etfsSeptember 9, 2011
McKinsey and Company's financial service group recently released a report on the current state and...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceSeptember 8, 2011
The U.S. Chamber of Commerce recently published a report analyzing the progress of U.S. financial...
- forum-news-feed/forum-other-oversight/forum-distributionSeptember 7, 2011
On October 5 and 6, 2011, NICSA will hold its annual general membership meeting in Boston. The...
- forum-news-feed/forum-money-market-fundsSeptember 6, 2011
As the Forum News Feed earlier noted, in a letter dated August 12, 2011, House Financial Services...
- forum-news-feed/forum-news-and-eventsSeptember 1, 2011
The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business and...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesAugust 31, 2011
The Securities and Exchange Commission today issued a concept release requesting public comment on a...
- forum-news-feed/forum-advisory-contractsAugust 25, 2011
The Ninth Circuit Court of Appeals has affirmed a district court decision holding that the...
- forum-news-feed/forum-riskAugust 24, 2011
Investigations of public companies by government agencies have become more aggressive and are...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-riskAugust 23, 2011
This new Spring Roundtable Report from KPMG's Audit Committee Institute (ACI) highlights key...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsAugust 22, 2011
FINRA has withdrawn previously proposed rules that would have altered its rules governing...
- August 18, 2011
The Securities and Exchange Commission has announced the creation of the "Office of the...
- forum-news-feed/forum-money-market-fundsAugust 16, 2011
In a letter dated August 12, 2011, House Financial Services Chairman Spencer Bachus and...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceAugust 11, 2011
Morrison Foerster has published its July legislative update, focusing on Congress's push to...
- August 10, 2011
The SEC has announced that Commissioner Kathleen L. Casey retired from her post as SEC Commissioner...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-other-oversightAugust 9, 2011
Ersnt & Young LLP has published a useful document outlining the effects of the Foreign Account Tax...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceAugust 8, 2011
Rep. Spencer Bachus (R-AL) recently proposed the "SEC Modernization Act" intended to reform...
- August 4, 2011
As it has on other occasions since the Dodd-Frank legislation was passed, the SEC has once again...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsAugust 3, 2011
As we mentioned in our July 25, 2011 post, the Federal Court for the DC Circuit struck down the...
- forum-news-feed/forum-shareholder-disclosureAugust 2, 2011
Last week, the US Government Accountability Office released a report on mutual fund advertising...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsAugust 1, 2011
In a June 28 address before the Insured Retirement Institute 2011 Government, Legal & Regulatory...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipJuly 28, 2011
In a paper published in June, Paul Kalyta of the Department of Accounting at McGill University documents...
- forum-news-feed/forum-accounting-and-auditJuly 27, 2011
On June 8, 2011, the Financial Account Standards Board (FASB) voted drop a portion of its May 2010...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 26, 2011
In June, the SEC issued no action relief allowing US registered investment companies advised by...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJuly 25, 2011
In a unanimous decision, the Federal Court for the DC Circuit struck down the SEC's 2010 proxy...
- forum-news-feed/forum-news-and-events;forum-news-feed/webinarsJuly 21, 2011
Last week the Forum hosted a webinar entitled Board Oversight of Other Expenses. In that webinar,...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-referenceJuly 19, 2011
In the July 11 issue of the New Yorker, Ken Auletta authored an article looking at the lack gender...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-referenceJuly 14, 2011
In April, the European Commission issued a consultation paper on documenting their ongoing study...
- forum-news-feed/forum-etfs;forum-news-feed/forum-riskJuly 13, 2011
In a paper published in April, the Financial Stability Board examines the recent rapid growth and...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-riskJuly 11, 2011
In a newly published paper entitled, "Do Independence and Financial Expertise of the Board Matter...
- forum-news-feed/forum-accounting-and-auditJuly 6, 2011
The SEC has announced the panelists and final agenda for the International Financial Reporting...
- forum-news-feed/forum-advisory-contractsJune 30, 2011
Earlier this month, the Supreme Court announced its decision in the Janus Capital Group v. First...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 29, 2011
On June 21, 2011, the Public Company Accounting Oversight Board ("PCAOB") issued a concept release to...
- June 28, 2011
In a recent decision by the U.S. District Court for the District of Arizona, the Court dismissed a...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-risk;forum-news-feed/forum-news-and-eventsJune 23, 2011
In the May-June 2011 issue of "Practical Compliance & Risk Managment for the Securities Industry," Forum...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;forum-news-feed/forum-shareholder-disclosureJune 21, 2011
In a letter to SEC Chair Mary Schapiro, five Democratic members of the Senate Committee on...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distributionJune 17, 2011
Earlier this month, a district court in New York dismissed plaintiffs' claims in Smith v....
- forum-news-feed/forum-risk;forum-news-feed/forum-shareholder-disclosureJune 16, 2011
The US District Court for the Southern District of New York dismissed a class action suit brought...
- forum-news-feed/forum-news-and-eventsJune 15, 2011
The Mutual Fund Directors Forum has announced that it has elected Andrew J. "Buddy" Donohue to its...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 14, 2011
Yesterday, the US Supreme Court announced its decision in Janus Capital Group v. First Derivative...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-ccoJune 13, 2011
Corporate Compliance Insights, an online knowledge sharing forum intended to encourage...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 10, 2011
James R. Doty, Chairman of the Public Company Accounting Oversight Board, recently addressed the SEC...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 9, 2011
Reacting to the SEC's recent adoption of whistleblower rules, the Foley & Lardner law firm has...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-referenceJune 8, 2011
Quinn Curtis and John Morley, professors at the University of Virginia School of Law, have issued...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJune 7, 2012
In a paper prepared for the State Bar of Texas Annual Meeting later this month, Kit Addleman, a...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 6, 2011
On May 25, 2011, the Securities and Exchange Commission adopted rules to create a whistleblower...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJune 3, 2011
President Obama has nominated Luis Aguilar for a second term as Commissioner at the SEC, and has...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-referenceMay 31, 2011
In a recent article on the Harvard Business School's Working Knowledge blog, Carmen Nobel...
- May 27, 2011
The SEC announced last week that Vanderbilt professor, Craig M. Lewis, PhD, has been named as...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 26, 2011
At its open meeting last week, the SEC proposed new rules implementing certain provisions of the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 24, 2011
The Securities and Exchange Commission has announced that it will hold an open meeting tomorrow to...
- forum-news-feed/forum-news-and-eventsMay 23, 2011
As we announced earlier this month, Forum members now have access to member benefits offered by...
- forum-news-feed/forum-accounting-and-auditMay 20, 2011
KPMG's Audit Committee Institute has announced a series of roundtables designed for members of public...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 17, 2011
The SEC has announced an open meeting scheduled for May 18, 2011 to consider proposing amendments...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureMay 12, 2011
Last week FINRA announced that it has imposed a $1 million fine on Wells Fargo Advisors, LLC of...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-compensationMay 11, 2011
In a recent post on Boardmember.com, TK Kerstetter asks if directors of public companies are...
- forum-news-feed/forum-money-market-fundsMay 10, 2011
The SEC has announced the agenda and panelists for today's roundtable discussion on money market...
- forum-news-feed/forum-board-governanceMay 6, 2011
In a recent address before the 2011 Hispanic Association of Corporate Responsibility's Corporate...
- forum-news-feed/forum-other-oversightMay 4, 2011
At the request of Oracle Financial Services Software, Inc., Barrington Partners, an independent...
- May 3, 2011
The Mutual Fund Directors Forum announced at its Policy Conference last week that Forum members...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMay 2, 2011
As part of a review mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC...
- forum-news-feed/forum-news-and-eventsApril 29, 2011
The SEC announced this week that Gene Gohlke, Associate Director for Examinations in the Office of...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 28, 2011
The SEC announced last week that it will sponsor a July roundtable to discuss benefits or...
- April 27, 2011
On April 25, the Forum filed a comment letter with the SEC regarding a rule proposal published in...
- forum-news-feed/forum-referenceApril 26, 2011
K&L Gates has published the Spring 2011 edition of its quarterly "Investment Management Update."...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lendingApril 25, 2011
Reena Aggarwal, Professor of Finance at Georgetown University; Pedro Saffi of the Finance...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivativesApril 22, 2011
Timothy E. Lynch, professor at the Indiana University Maurer School of Law - Bloomington, has...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingApril 19, 2011
Jennifer Taub, a professor at Vermont Law School, has published a paper entitled, "Able But Not...
- April 15, 2011
On April 12, 2011, the Forum filed its comments on a CFTC rule proposals that, if adopted, could...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-referenceApril 14, 2011
The SEC and CFTC have announced that the agencies will hold a two-day joint public roundtable on...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskApril 13, 2011
PWC has released its annual Securities Litigation Study. The 2010 report summarizes the major...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsApril 12, 2011
The Securities and Exchange Commission has announced that it will host a roundtable discussion on...
- April 11, 2011
Last week, Morningstar published its 2011 Mutual Fund Stewardship Grade Research Paper. This...
- forum-news-feed/forum-news-and-eventsApril 8, 2011
Last night, at it's annual fund industry awards gala, the Mutual Fund Industry Awards, Fund...
- forum-news-feed/forum-money-market-fundsApril 7, 2011
As we first reported on March 4, a recent Securities and Exchange Commission proposal would remove the use...
- forum-news-feed/forum-news-and-eventsApril 6, 2011
Spring and early summer offer many excellent opportunities for director education on a wide...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-other-oversight/forum-custodyApril 4, 2011
The SEC's Division of Investment Management extended temporary no-action relief under Section...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingMarch 31, 2011
Rasha Ashraf of the Department of Finance at Georgia State University, Narayanan Jayaraman at the...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-riskMarch 29, 2011
In her address before SIFMA's Compliance and Legal Society Annual Seminar on March 23, 2011,...
- forum-news-feed/forum-etfsMarch 28, 2011
In its March 2011 Financial Services Newsletter, E&Y issues the latest in its series on exchange traded...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 25, 2011
On March 16, the Government Accountability Office issued a report on securities lending. This...
- forum-news-feed/forum-accounting-and-auditMarch 24, 2011
In a post on Harvard Law School's Forum on Corporate Governance and Financial Regulation, Robert...
- forum-news-feed/forum-news-and-eventsMarch 23, 2011
Spring and early summer offer many excellent opportunities for director education on a wide...
- March 22, 2011
Professors at UNC Chapel Hill and Duke University Law School recently published a paper describing and...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 21, 2011
On March 10, 2011, SEC Chairman, Mary L. Schapiro, and each of the agency's division directors...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-compensationMarch 18, 2011
In an article published at the Harvard Law School Forum on Corporate Governance and Financial...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-riskMarch 17, 2011
The Gibson Dunn law firm has published a client alert highlighting some actions the SEC has...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureMarch 16, 2011
In a recently published paper, Alan R. Palmiter and Ahmed Taha at the Wake Forest University...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 15, 2011
As we mentioned in our January 31, 2011 post, "CFTC Proposes Commodities Rules that May Affect...
- forum-news-feed/forum-money-market-fundsMarch 14, 2011
As we first reported on March 4, a recent Securities and Exchange Commission proposal would remove...
- forum-news-feed/forum-news-and-eventsMarch 10, 2011
Spring and early summer offer many excellent opportunities for director education on a wide...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 8, 2011
A new paper by John Morley of the University of Virginia School of law, takes a look at the...
- forum-news-feed/forum-money-market-fundsMarch 4, 2011
On Wednesday, March 2, the Commission considered a proposal to remove credit rating references...
- forum-news-feed/forum-news-and-eventsMarch 3, 2011
You will not want to miss the Forum's 2011 Policy Conference in Washington, DC April 28 through...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsMarch 2, 2011
On February 17, SEC Chairman Mary Schapiro gave testimony before the Senate Banking Committee...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipFebruary 28, 2011
A recent article at TheRacetotheBottom.org takes a look at how the recently adopted proxy access...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 24, 2011
As we reported in our January 31, 2011 post, the CFTC recently approved rule proposals that, if...
- forum-news-feed/forum-closed-end-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 23, 2011
A recent SEC Staff position has the effect of invalidating a key provision used by some closed-end...
- forum-news-feed/forum-news-and-eventsFebruary 22, 2011
With the spring nearly upon us, the calendar is filling with webinars and events intended to keep...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 17, 2011
The SEC and CFTC have announced a meeting of the Joint CFTC-SEC Advisory Committee on Emerging...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-referenceFebruary 15, 2011
In an post at the Harvard Law School Forum on Corporate Governance and Financial Regulation, David...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 10, 2011
PLI's Securities Law Practice Center has posted a bullet-point summary of the topics and issues...
- forum-news-feed/forum-referenceFebruary 9, 2011
A February 3, 2011 post at the Knowledge@Wharton blog takes a look at why, given the superior...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureFebruary 8, 2011
In her address before the annual SEC Speaks event in Washington, DC last Friday, SEC Chairman Mary...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsFebruary 7, 2011
On February 9, at 10:00AM EST, the SEC will hold an open meeting to discuss amending rules and...
- forum-news-feed/forum-accounting-and-auditFebruary 4, 2011
As we reported in our December 20, 2010 post, "RIC Modernization Act Passed by Congress," new...
- forum-news-feed/forum-money-market-fundsFebruary 3, 2011
In a recent article, David M. Geffen and Joseph R. Fleming of Dechert LLP's Boston office, take an...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureFebruary 2, 2011
The SEC has announced that the first filings of the new money market disclosure form, Form N-MFP,...
- forum-news-feed/forum-news-and-eventsFebruary 1, 2011
Two free webinars, and one live event round out an array of educational events in February for...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 31, 2011
At an open meeting on January 26, 2011, the CFTC approved rule proposals that, if adopted, could...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureJanuary 28, 2011
On Friday, January 14, 2011, the Forum filed its comment letter on the Department of Labor's proposed...
- January 27, 2011
As we reported yesterday, the Commission has issued a report on the current state, and future of,...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 26, 2011
The SEC has released a report detailing the conclusions of a study conducted by its staff on the...
- January 25, 2011
On January 10, 2011, the Forum submitted its comments on the President's Working Group Report on...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJanuary 24, 2011
On February 1, 2011 FTI Consulting in New York will hold the first installment of its free...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskJanuary 21, 2011
In a recent publication, lawyers at Gibson Dunn take a look at "Systemically Significant Financial...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 20, 2011
Last week, the SEC charged Charles Schwab Investment Management (CSIM) and Charles Schwab & Co.,...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 19, 2011
Yesterday, the SEC announced that Chairman Mary Schapiro has named Eileen Rominger to be the...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 18, 2011
In his web log, "SEC Actions," Thomas O. Gorman, a partner at the law firm of Dorsey and Whitney LLP,...
- forum-news-feed/forum-money-market-fundsJanuary 14, 2011
Jonathan R. Macey, Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 13, 2011
Last week, the SEC announced charges against two former portfolio managers at Aquila Investment...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-news-and-eventsJanuary 12, 2011
Just in time for today's Forum webinar featuring Gibson Dunn's Mark Schonfeld, the firm has issued a memo...
- forum-news-feed/forum-news-and-eventsJanuary 10, 2011
The first two months of 2011 offer fund directors a wide array of educational opportunities, both...
- forum-news-feed/forum-accounting-and-auditJanuary 7, 2011
Ernst & Young LLP will hold its annual Reporting, Tax and Regulatory Update for Registered...
- forum-news-feed/forum-referenceJanuary 5, 2011
Each year, the Conference Board publishes its Institutional Investment Report, a comprehensive analysis...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsJanuary 4, 2011
The Financial Industry Regulatory Authority (FINRA) has issued a release looking back at the...
- forum-news-feed/forum-money-market-fundsJanuary 3, 2011
William A. Birdthistle of the Chicago-Kent College of Law recently published a paper looking at...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipDecember 28, 2010
A recent paper by Olubunmi Faleye of the Finance Department at Northeastern University, Rani...
- December 27, 2010
Earlier this month, FINRA's Investor Education Council published the results of its state-by-state survey of the...
- December 22, 2010
The SEC and CFTC recently have proposed rules that would clarify which types of swaps traders...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-riskDecember 21, 2010
Each year, Martin Lipton, a founding partner of the Wachtell, Lipton, Rosen & Katz law firm,...
- forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-ccoDecember 20, 2010
Congress has passed the Regulated Investment Company Modernization Act of 2010, and the bill will...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-news-and-eventsDecember 17, 2010
The Forum's 2011 Directors' Institute is just around the corner. You won't want to miss the...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 16, 2010
The Investment Company Institute (ICI), and it's affiliate, the Independent Directors Council,...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationDecember 14, 2010
PriceWaterhouseCoopers has issued its annual survey of valuation practices. The survey of 50 US...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingDecember 14, 2010
Institutional Shareholder Services Inc. (ISS), the most influential proxy adviser in the US, has...
- December 13, 2010
This summer, PricewaterhouseCoopers hosted directors of major mutual fund boards for a roundtable discussion...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureDecember 10, 2010
On December 7, the parties to the Janus Capital Group v. First Derivative Traders case presented...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadershipDecember 9, 2010
Robert Pozen, Chairman of MFS Investment Management and a Senior Lecturer of Business...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 8, 2010
The SEC and CFTC have announced that the agencies will hold a joint roundtable on swaps on Friday,...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 7, 2010
The Securities and Exchange Commission has announced that it will delay some of the regulatory and...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-legislative-news;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 6, 2010
PricewaterhouseCoopers has published its latest issue of "Current Developments for Mutual Fund...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosureDecember 2, 2010
The Department of Labor's Employee Benefits Security Administration has proposed new rules aimed...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsDecember 1, 2010
The SEC has announced that it will hold open hearings concerning the state of the municipal...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-other-oversight;forum-news-feed/forum-valuationNovember 29, 2010
Last week, members of the Forum's staff attended an event in which SEC staff and a number of...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-riskNovember 23, 2010
Last week, the SEC announced that Henry Hu, the first director of the newly formed Division of...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 22, 2010
The Securities and Exchange Commission announced on Friday that Chairman Mary L. Schapiro has...
- forum-news-feed/forum-shareholder-disclosureNovember 19, 2010
Starting in 2011, mutual funds will be required to provide the risk/return summary sections of...
- forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-shareholder-disclosureNovember 18, 2010
As expected, the Securities and Exchange Commission has filed an amicus ("friend of the court")...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-votingNovember 17, 2010
The Investment Company Institute has published the results of a survey the industry group...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 16, 2010
The Securities and Exchange Commission has announced that it will hold an open meeting at 10:00AM...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-riskNovember 15, 2010
Recently, PWC published the results of its Annual Corporate Directors Survey. This survey...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-riskNovember 12, 2010
In an address last week, SEC Commissioner Luis A. Aguilar once again spoke out on the need for...
- forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 10, 2010
Last Friday, the Forum, along with many other industry participants, submitted its comment letter...
- forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 8, 2010
On October 22, the SEC released its Strategic Plan for 2010-2015 laying out the agency's strategic goals,...
- forum-news-feed/forum-money-market-funds;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 5, 2010
The SEC has issued a release seeking comment on the options discussed in the President’s Working...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 4, 2010
On November 2, the SEC issued a letter to the Mutual Fund Directors Forum and the Investment...
- forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 3, 2010
Last week, SEC Commissioner Troy A. Paredes delivered an address before the Transatlantic...
- forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-newsNovember 2, 2010
The Securities and Exchange Commission and the Commodity Futures Trading Commission have announced that the...
- forum-news-feed/forum-legislative-news;forum-news-feed/forum-reference;forum-news-feed/forum-re