forum-news-feed/forum-regulatory-news
December 5, 2019
The SEC’s Office of the Whistleblower recently issued its Whistleblower Program Fiscal Year (FY) 2019...
forum-news-feed/forum-board-governance/forum-board-leadership
December 4, 2019
A recent post from consulting firm Spencer Stuart announces The 2019 U.S. Spencer Stuart Board...
forum-news-feed/forum-etfs
December 3, 2019
The SEC recently approved applications from a number of firms to launch non-transparent ETFs,...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
December 2, 2019
Revenue sharing – which can create conflicts of interest when a broker recommends one fund over...
forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news
November 26, 2019
The SEC voted to propose a new rule designed to enhance the regulation of the use of derivatives...
forum-news-feed/forum-accounting-and-audit
November 26, 2019
A report issued jointly by the Center for Audit Quality and Audit Analytics tracks S&P Composite 1500...
forum-news-feed/forum-board-governance/forum-board-leadership
November 25, 2019
A New York District Court in October ruled that the Office of the Comptroller of the Currency...
forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news
November 21, 2019
According to the Wall Street Journal, eight of the 10 biggest U.S. sustainable funds hold...
forum-news-feed/forum-regulatory-news
November 20, 2019
The SEC’s Enforcement Division’s annual report for fiscal year 2019 highlights several significant...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight
November 19, 2019
The Financial Times is reporting that a surge in performance of small-cap and mid-cap funds may...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
November 18, 2019
A Risk Alert from the SEC’s Office of Compliance Inspections and Examinations reflects the most...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
November 14, 2019
SEC staff issued an extension of an Oct. 26, 2017 no-action letter to assist market participants...
forum-news-feed/forum-news-and-events
November 13, 2019
In June, the SEC adopted the long-awaited rulemaking package relating to the standard of conduct...
forum-news-feed/forum-other-oversight/forum-fixed-income-funds
November 12, 2019
A paper by a group of academics from Notre Dame university, Harvard Business School and the...
forum-news-feed/forum-other-oversight/forum-proxy-voting
November 8, 2019
The SEC in a 3-2 vote proposed amendments to its rules governing proxy advisors. The SEC wrote that...
forum-news-feed/forum-legislative-news
November 7, 2019
The White House recently issued executive orders aimed at scaling back government agencies’ use of...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
November 6, 2019
The SEC’s Division of Investment Management recently released a series of FAQs regarding certain...
forum-news-feed/forum-board-governance/forum-board-leadership
November 5, 2019
A recent report from a Wall Street Journal study holds good news for diversity and inclusion in the...
forum-news-feed/forum-board-governance/forum-board-leadership
November 4, 2019
A Delaware court recently found that directors faced potential liability for a breach of their...
forum-news-feed/forum-regulatory-news
October 31, 2019
Reutersis reporting that fewer investment analysts are covering UK-based companies and the...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-trading
October 30, 2019
Beginning on October 31, 2019, Morningstar will roll out its revised analyst ratings system for...
forum-news-feed/forum-regulatory-news
October 29, 2019
The US Treasury and the IRS proposed regulations allowing taxpayers to avoid adverse tax...
forum-news-feed/forum-news-and-events
October 28, 2019
As we near the end of 2019, we review several topics of interest for the MFDF community and...
forum-news-feed/forum-regulatory-news
October 24, 2019
The SEC’s Division of Investment Management’s Disclosure Review and Accounting Office, which...
forum-news-feed/forum-regulatory-news
October 23, 2019
Investors are pulling their money out of U.K. funds as political turmoil increases over a possible no-deal...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
October 22, 2019
The SEC proposed rule amendments to expedite its review procedures for applications seeking orders...
forum-news-feed/forum-board-governance
October 21, 2019
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-trading
October 17, 2019
The announcement by Schwab, E*Trade and TD Ameritrade that they would offer commission-free ETFs on...
forum-news-feed/forum-news-and-events
October 16, 2019
Join Stacy Fuller and Alyssa Sherman for a discussion of the new ETF Rule, which will replace the...
forum-news-feed/forum-board-governance
October 15, 2019
A Bloomberg article further clouds the outlook for asset managers, saying the $74 trillion...
forum-news-feed/forum-regulatory-news
October 10, 2019
SEC Chairman Jay Clayton recently testified before the House Financial Services Committee taking on...
newsroom/board-governance
October 9, 2019
Susan Ferris Wyderko, who has led the Mutual Fund Directors Forum since 2006, announced that she...
forum-news-feed/forum-accounting-and-audit
October 8, 2019
The SEC charged accounting firm PwC LLP with improper professional conduct in connection with 19...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
October 7, 2019
At a recent conference SEC Commissioner Elad Roisman said it was time to reassess regulatory...
forum-news-feed/forum-valuation
October 3, 2019
Deloitte’s 17th annual fair valuation survey, which will be discussed in an upcoming MFDF...
forum-news-feed/forum-other-oversight/forum-securities-lending
October 2, 2019
A recent SEC action targeted an adviser that was faulted for, among other things, lacking...
forum-news-feed/forum-news-and-events
October 1, 2019
This webinar will explore how the SEC’s recent interpretive releases on proxy voting matters may...
newsroom/board-governance
September 30, 2019
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
forum-news-feed/forum-etfs
September 27, 2019
SEC Commissioners voted unanimously to adopt a new rule and form amendments to modernize the...
forum-news-feed/forum-other-oversight/forum-securities-lending
September 26, 2019
The SEC charged two subsidiaries of Prudential Financial Inc. with failing to disclose conflicts...
forum-news-feed/forum-other-oversight
September 25, 2019
At a recent MFDF event, panelists discussed how boards can effectively partner with fund...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
September 24, 2019
A Reuters report on a study by independent watchdog group the Project on Government Oversight,...
forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news
September 23, 2019
The SEC announced it will hold an open meeting on September 25, 2019 to consider several issues...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
September 19, 2019
The Options Clearing Corp. will undertake remedial efforts and pay $20 million in penalties to...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
September 18, 2019
In what media outlets are calling an “epic shift,” assets in passively managed funds beat those in...
forum-news-feed/forum-news-and-events
September 17, 2019
Economic volatility, the introduction of low and zero-fee funds, and the resulting product and...
forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
September 16, 2019
Two recent SEC actions on conflicts of interest in revenue sharing arrangements are putting the...
forum-news-feed/forum-board-governance/forum-board-leadership
September 12, 2019
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
forum-news-feed/forum-news-and-events
September 11, 2019
In June, the SEC adopted the long-awaited rulemaking package relating to the standard of conduct...
forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-trading
September 10, 2019
A recent note by Kenechukwu Anadu of the Federal Reserve Bank of Boston and Fang Cai of the Fed Board...
forum-news-feed/forum-regulatory-news
September 9, 2019
The FDIC approved a final rule to simplify and tailor requirements relating to Section 619 of the...
forum-news-feed/forum-accounting-and-audit
September 5, 2019
The SEC charged public accounting firm RSM US LLP with violations of the auditor independence...
forum-news-feed/forum-news-and-events
September 4, 2019
Mutual Fund proxy campaigns involve numerous moving parts. From varying quorum and passage...
September 3, 2019
A recent article asserts that firms relying on weak interfaces to interact with cloud services...
forum-news-feed/forum-board-governance/forum-board-leadership
August 28, 2019
An article in InvestmentNews offers insights on diversity in hiring that can help boards in their...
forum-news-feed/forum-etfs
August 27, 2019
A new whitepaper from KPMG delivers a plain-language resource on non-transparent ETFs. The SEC earlier...
forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-news
August 26, 2019
The SEC in a 3-2 vote issued guidance to investment advisers on fulfilling their proxy voting...
forum-news-feed/forum-board-governance/forum-board-leadership
August 21, 2019
Artificial intelligence and fintech startups are continuing to attract major funding and hopes for...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
August 20, 2019
A district court’s thorough and decisive findings in MetWest’s Section 36(b) legal victory are...
forum-news-feed/forum-accounting-and-audit
August 19, 2019
A recent academic study examines whether the audit market penalizes auditors for reporting...
forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-news
August 15, 2019
In a notice posted to its web site the SEC announced an open meeting for Wednesday August 21, 2019 at...
newsroom/other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
August 14, 2019
More actively managed funds are including ESG criteria to their prospectus disclosure, Morningstar...
forum-news-feed/forum-regulatory-news
August 13, 2019
Morningstar’s John Rekenthaler recently chronicled global illiquidity events at three fund companies...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
August 12, 2019
Reuters is reporting that SEC Commissioner Hester Peirce told members of the American Chamber of Commerce in...
newsroom/board-governance;forum-news-feed/forum-board-governance
August 7, 2019
The industry’s primary insurer in a new report Shareholder Litigation in the Fund Industry notes...
newsroom/board-governance/oversight-of-cco;forum-news-feed/forum-board-governance/forum-oversight-of-cco
August 5, 2019
The 2019 Investment Management Compliance Testing Survey, conducted jointly by the Investment...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
July 31, 2019
In a recent speech, SEC Commissioner Hester Peirce outlined her concerns regarding the attention given...
newsroom/board-governance;forum-news-feed/forum-board-governance
July 29, 2019
A white paper from Casey Quirk delves into the downside of mergers in the asset management...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-board-governance/forum-self-evaluation
July 25, 2019
The Center for Audit Quality recently released its External Auditor Assessment Tool designed to assist audit...
newsroom/board-governance;forum-news-feed/forum-board-governance;forum-news-feed/forum-closed-end-funds;forum-news-feed/forum-regulatory-news
July 24, 2019
The SEC announced the release of a staff statement that encourages market participants to manage...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight
July 23, 2019
Morningstar announced it will enhance its Analyst Rating and Quantitative Rating fund scoring systems...
forum-news-feed/forum-regulatory-news
July 22, 2019
Join Ernst & Young financial services partners tomorrow July 23, 2019 for a discussion of the...
forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-regulatory-news
July 18, 2019
A recent study proposes that employers educate their employees in order to improve financial...
forum-news-feed/forum-board-governance/forum-board-leadership
July 17, 2019
A report from the National Association of Corporate Directors’ Risk Oversight Advisory Council...
forum-news-feed/forum-regulatory-news
July 16, 2019
SEC Chairman Jay Clayton in a public statement announced an enhanced process for firms seeking to...
forum-news-feed/forum-board-governance/forum-board-leadership
July 15, 2019
A Deloitte webinar on July 16, 2019 will focus on how firms are determining the right mix of...
forum-news-feed/forum-board-governance/forum-board-leadership;forum-news-feed/forum-board-governance/forum-oversight-of-cco
July 11, 2019
Lawyers from Shearman & Sterling recently published a comprehensive guide to equip legal and...
forum-news-feed/forum-board-governance/forum-board-leadership
July 10, 2019
ISS in its latest report recorded continuing shifts in the composition of corporate boards...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
July 9, 2019
The major stock exchanges which have been in a long dispute with the SEC over market data fees,...
newsroom/board-governance/board-leadership;newsroom/board-governance/self-evaluation;forum-news-feed/forum-board-governance/forum-compensation;forum-news-feed/forum-board-governance/forum-self-evaluation
July 8, 2019
A recent memo from the Deloitte Center for Board Effectiveness explores how directors’ unique...
forum-news-feed/forum-accounting-and-audit
July 3, 2019
The SEC charged KPMG with altering past audit work after receiving stolen information about...
forum-news-feed/forum-board-governance
July 2, 2019
The average cost of managing assets is climbing, consultants say, with the average cost of...
newsroom/board-governance;forum-news-feed/forum-board-governance
July 1, 2019
In a recent paper, Professor Russ Wermers of the University of Maryland’s Robert H. Smith School...
forum-news-feed/forum-regulatory-news
June 27, 2019
As U.S. mutual funds begin to comply with the requirements of the Liquidity Rule, U.K. regulators...
forum-news-feed/forum-regulatory-news
June 26, 2019
New Jersey, Massachusetts and Nevada are among states seeking to enact statutes requiring...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
June 25, 2019
The SEC announced that it adopted amendments to the auditor independence rules relating to the...
forum-news-feed/forum-news-and-events
June 24, 2019
During this webinar, experts from Tait Weller will discuss distribution, diversification,...
forum-news-feed/forum-regulatory-news
June 21, 2019
Allison H. Lee, who served in various roles at the SEC from 2005 to 2018, was confirmed by voice vote...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
June 20, 2019
The Wall Street Journal is reporting that a former official of the U.S. Treasury Department will...
forum-news-feed/forum-news-and-events
June 19, 2019
In the modern boardroom, paper processes are too inefficient to keep up with today’s pace, and...
newsroom/risk;forum-news-feed/forum-risk
June 18, 2019
Reuters is reporting that “sudden, violent and often quickly reversed price moves” have been...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
June 17, 2019
An academic paper by a University of Virginia law professor examines the historical context of...
newsroom/board-governance/board-leadership;forum-news-feed/forum-regulatory-news
June 14, 2019
The Mutual Fund Directors Forum today released two companion publications, titled Practical...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
June 13, 2019
The SEC recently issued an order expanding exemptive relief to funds that operate under a...
forum-news-feed/forum-board-governance
June 12, 2019
A Bloomberg article notes increasing demand for firms that provide trading services to asset...
forum-news-feed/forum-board-governance
June 11, 2019
A consortium of banks from the U.S., Europe and Japan led by UBS has developed a bitcoin-like...
forum-news-feed/forum-regulatory-news
June 10, 2019
The SEC voted along party lines to adopt rules and interpretations that Chairman Jay Clayton says...
newsroom/board-governance;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
June 6, 2019
Lawyers at Simpson Thacher in a recent client alert observe that although fulcrum fees have been...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
June 5, 2019
A recent article by consultants at Spencer Stuart delves into the difficulty of vetting the novice...
forum-news-feed/forum-regulatory-news
June 4, 2019
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert based on several...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-portfolio-trading
June 3, 2019
The Financial Times, citing research from a UK-based consulting firm, reports that large index...
newsroom/board-governance
May 31, 2019
Industry leaders and partners from Dechert LLP will convene in New York on June 4, 2019 at the law...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
May 30, 2019
A recent paper presented by academics from the University of Cincinnati and University of Notre...
forum-news-feed/forum-regulatory-news
May 29, 2019
The SEC has struggled to collect fines and penalties levied on financial wrongdoers and has...
forum-news-feed/forum-regulatory-news
May 28, 2019
SEC commissioners will discuss and consider adoption of the much-anticipated Reg BI in a June 5,...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
May 23, 2019
In a recent speech Peter Driscoll, director of the SEC’s Office of Compliance Inspections and...
forum-news-feed/forum-news-and-events
May 22, 2019
Management Practice has conducted an annual survey of mutual fund director compensation for over...
newsroom/etfs;forum-news-feed/forum-etfs
May 21, 2019
A research report from Moody’s warns that despite rapid expansion in the ETF sector, extended...
newsroom/board-governance/board-leadership;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance/forum-board-leadership
May 20, 2019
An article from Institutional Investor describes the ways European asset managers are fighting...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
May 16, 2019
The 11th edition of the Board Practices Report, a report by Deloitte LLP’s Center for Board...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
May 15, 2019
A survey commissioned by Fidelity Investments found that 47% of institutional investors believe...
forum-news-feed/forum-news-and-events
May 14, 2019
Please join Stacy Fuller and Timothy Bekkers from K&L Gates for a discussion regarding the...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance/forum-board-leadership
May 13, 2019
Investors are the big winners in the fund price wars, the latest fee study from Morningstar...
May 9, 2019
Banks and large financial firms report significant outlays when it comes to protecting their firms from...
newsroom/board-governance/d-o-insurance;forum-news-feed/forum-board-governance/forum-d-o-insurance
May 8, 2019
Industry insurer ICI Mutual in its 2018-2019 Claims Trends reported a year-on-year decrease in the...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
May 7, 2019
The Conference Board reviewed SEC filings made in 2018 and found that 50 percent of Russell 3000...
forum-news-feed/forum-news-and-events
May 6, 2019
Join Dechert partners Cathy Botticelli, Anthony Kelly, and David Kotler as they discuss the recent...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
May 2, 2019
A report in Bloomberg explores the wide range in research costs charged to institutional investors...
newsroom/board-governance;forum-news-feed/forum-board-governance
May 1, 2019
According to a recent alertfrom consulting firm ACA Compliance Group, the SEC’s Office of...
newsroom/board-governance;newsroom/board-governance/self-evaluation;forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-self-evaluation
April 30, 2019
An article based on a recent survey from Russell Reynolds Associates focuses on high-performing corporate...
newsroom/regulatory-news;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
April 29, 2019
A memo from the White House’s Office of Management and Budget asserted the authority by which...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
April 25, 2019
Despite the doom and gloom surrounding actively managed funds, a report from Wilshire Associates shows...
forum-news-feed/forum-news-and-events
April 24, 2019
As the IPO market for traditional listed closed-end funds continues to remain slow, more...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
April 23, 2019
According to media reports, SEC Commissioner Robert Jackson is expected to leave his post to begin...
newsroom/other-oversight/distribution;forum-news-feed/forum-other-oversight/forum-distribution
April 22, 2019
Two papers from consulting firms McKinsey and Casey Quirk explore technology’s impact on the asset...
newsroom/board-governance;forum-news-feed/forum-board-governance
April 18, 2019
According to lawyers from Wachtell Lipton Rosen & Katz, “onboarding new directors is becoming a...
April 17, 2019
Please join Nathan Briggs, a partner at Ropes & Gray, as he discusses several of the most...
newsroom/etfs;forum-news-feed/forum-etfs
April 16, 2019
The SEC advanced Precidian Funds’ application to introduce an actively managed ETF that would not be...
April 15, 2019
Please join Paul Ellenbogen and Jeff Tjornehoj from Broadridge for an engaging conversation about...
newsroom/regulatory-news;forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
April 11, 2019
Both the U.S. House and the Senate have pushed forward proposals to overhaul the retirement...
April 10, 2019
The impact of the EU's MiFID II regulation has been far-reaching, raising important regulatory and...
newsroom/board-governance/d-o-insurance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-risk
April 9, 2019
A report in the Financial Times cites research showing a rising number of shareholder lawsuits...
newsroom/risk;forum-news-feed/forum-risk
April 8, 2019
According to a Deloitte survey of over 500 crisis management executives, 80 percent of organizations...
April 4, 2019
Allison Lee, a former SEC enforcement lawyer and aide to Commissioner Kara Stein, is the likely...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
April 4, 2019
The House Financial Services recently held a hearing on the controversial Regulation BI, which the SEC...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
April 3, 2019
In a recent article, Morningstar writer Ben Johnson notes the field of low- and no-fee index funds...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
April 2, 2019
A memo by Shearman & Sterling partner Nathan Green focuses on data, regulation and risks and can be...
newsroom/board-governance/d-o-insurance;forum-news-feed/forum-board-governance/forum-d-o-insurance
April 1, 2019
A group of insurers led by Marsh & McLennan has developed a program to evaluate cybersecurity...
newsroom/regulatory-news
March 28, 2019
The SEC announced that its staff will host a public forum focusing on distributed ledger...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 27, 2019
The SEC proposed rule amendments mandated by Congress aimed at improving access to capital and...
newsroom/other-oversight/portfolio-trading;newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
March 26, 2019
The Securities Industry and Financial Markets Association (“SIFMA”) recently submitted a comment...
forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
March 25, 2019
The SEC’s Division of Investment Management staff recently highlighted the Division’s board...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 21, 2019
A client alert from law firm Eversheds Sutherland reviewed enforcement trends at Finra over the last...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 20, 2019
In a recent speech delivered with Division of Trading and Markets director Brett Redfearn, SEC Chairman...
newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-regulatory-news
March 19, 2019
The Financial Times is reporting that Wells Fargo and Invesco, prompted by the European Union’s MiFID...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 18, 2019
The SEC announced settlements with 79 investment advisers who will return more than $125 million...
newsroom/other-oversight/portfolio-trading;newsroom/legislative-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-legislative-news
March 14, 2019
A bill introduced by Democratic lawmakers and aimed at high frequency trading would impose a 0.1%...
newsroom/other-oversight/securities-lending;member-resources/member-other-oversight/member-securities-lending
March 13, 2019
Securities Lending is an investment tool that is drawing increased interest as a means to generate alpha in...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 12, 2019
In a speech to the Council of Institutional Investors SEC Commissioner Hester Peirce lauded recent...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 11, 2019
The SEC announced that it has modified the submission deadlines for funds to file non-public monthly...
newsroom/other-oversight/distribution;forum-news-feed/forum-other-oversight/forum-distribution
March 7, 2019
According to a Wall Street Journal report, the Department of Labor is looking into an...
newsroom/board-governance;forum-news-feed/forum-board-governance
March 6, 2019
The Financial Times based on an industry report by investment bank Sandler O’Neill reports that...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
March 5, 2019
The Wall Street Journal isreportingthat the SEC is reviewing a series of bond trades by three...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
March 1, 2019
The staff of the SEC’s Division of Investment Management granted a no-action request from the...
newsroom/other-oversight;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
February 28, 2019
In a New York Times opinion piece, SEC Commissioner Robert Jackson called for a “national...
newsroom/other-oversight;newsroom/regulatory-news;forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-news
February 27, 2019
The SEC’s Office of Compliance Investigations and Examinations released a risk alert covering...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
February 26, 2019
Dalia Blass, director of the SEC’s Division of Investment Management, will hold an informal...
forum-news-feed/forum-news-and-events
February 25, 2019
On December 19, 2018, the SEC issued a release proposing new Rule 12d1-4 and related amendments...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
February 21, 2019
A Bloombergreport citing Morningstar data says passive funds, ETFs and smart beta funds held...
newsroom/board-governance;forum-news-feed/forum-board-governance
February 20, 2019
A report from Spencer Stuart provides an insightful outlook on trends in corporate board...
newsroom/advisory-contracts;forum-news-feed/forum-advisory-contracts
February 19, 2019
A Financial Times report finds slow growth in the UK for Fidelity and AllianzGI funds with...
newsroom/regulatory-news;forum-news-feed/forum-advisory-contracts
February 18, 2019
In a major victory for BlackRock, a federal judge in New Jersey ordered the dismissal of...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
February 14, 2019
In a new study reported on by Institutional Investor, a Harvard Business School professor and Bella...
newsroom/risk;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
February 13, 2019
A memo from lawyers at Weil, Gotshal and Manges discusses key risk, accounting and audit...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading;member-resources/member-portfolio-trading
February 12, 2019
A Wall Street Journal report looks back to early February 2018 when the Dow Jones fell over 1,100...
forum-news-feed/forum-news-and-events
February 11, 2019
Join Benjamin Haskin and Amelia Cottrell as they discuss key concepts in insider trading law and...
newsroom/board-governance/board-leadership
February 7, 2019
Numerous tributes to Vanguard founder Jack Bogle have praised his significant contribution to the fund...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
February 6, 2019
Investors Exchange released a report that discloses details about its costs to provide market data and...
newsroom/accounting-and-audit;forum-news-feed/forum-accounting-and-audit
February 5, 2019
The PCAOB publicized previously sealed criticism of KPMG and questioned the firm’s commitment to audit...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
February 4, 2019
The Wall Street Journal is reporting that approximately 50 firms are under pressure to settle...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 31, 2019
Reuters is reporting that HSBC has settled over three million forex trades and made over 150,000...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 30, 2019
A Reuters report on the growth of fintech firms highlights obstacles keeping them from the...
forum-news-feed/forum-news-and-events
January 29, 2019
Join Nanette Buziak of Voya as she gives an overview of how your PMs and Trading desks go about...
newsroom/board-governance;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 28, 2019
Finra in its 2019 Risk Monitoring and Examination Priorities Letter focuses on emerging areas not...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 24, 2019
The SEC’s operations have largely ceased amid the record-long federal government shutdown....
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
January 23, 2019
A group of academics released a paper which claims to be the first to examine the board aging...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
January 22, 2019
A Financial Times report examines whether recent market volatility is linked to the rise in...
newsroom/board-governance/board-leadership;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 17, 2019
Consulting firm EY is reporting that increased uncertainty around Brexit is driving financial...
forum-news-feed/forum-regulatory-news
January 16, 2019
A Finra report offers insights on effective practices firms use to address selected cybersecurity...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 15, 2019
A series of contrarian opinions that favor innovative technologies has gained SEC Commissioner...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
January 14, 2019
A group of nine leading banks and financial services firms, including Bank of America Merrill...
newsroom/board-governance;forum-news-feed/forum-board-governance
January 10, 2019
A Wall Street Journal report paints a bleak picture for blockchain usage in the near future....
forum-news-feed/forum-news-and-events
January 9, 2019
It seems that everything related to proxy voting is getting a lot of attention these days,...
newsroom/accounting-and-audit;newsroom/regulatory-news;forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
January 8, 2019
The PCAOB adopted amendments to its standards for auditing accounting estimates and fair value...
newsroom/board-governance;forum-news-feed/forum-regulatory-news
January 7, 2019
Asset management firms continue to face economic challenges compounded further by the market...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
January 3, 2019
The SEC announced settlements with two robo-advisers for making false statements about investment...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
January 2, 2019
The SEC’s Office of Compliance Inspections and Examinations published its exam priorities for...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
December 27, 2018
SEC Chairman Jay Clayton at a recent meeting of the Investor Advisory Committee discussed...
newsroom/board-governance/board-leadership;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
December 26, 2018
The SEC proposed a new rule and amendments designed to streamline and enhance the regulatory framework...
newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-regulatory-news
December 24, 2018
In a recent opinion piece for the Wall Street Journal, Vanguard Founder John Bogle weighed in on...
newsroom/accounting-and-audit;forum-news-feed/forum-accounting-and-audit
December 20, 2018
“Audit committees should engage with management to determine whether endeavors in emerging...
newsroom/other-oversight/portfolio-trading;forum-news-feed/forum-other-oversight/forum-portfolio-trading
December 19, 2018
The Financial Times, citing a survey by Liquidnet, reports that asset managers worldwide are...
newsroom/board-governance;forum-news-feed/forum-board-governance
December 18, 2018
A research report from Finra and the CFA Institute sheds some light on millennials’ investing...
newsroom/regulatory-news;forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news
December 17, 2018
SEC Chairman Jay Clayton in recent testimony on Capitol Hill reviewed the agency’s strategic plan,...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance
December 13, 2018
A report in the Wall Street Journal says Wealthfront is offering its automated financial planning...
forum-news-feed/forum-board-governance
December 12, 2018
A Bloomberg report quoting a survey from a data security firm says U.S. banks and other financial...
forum-news-feed/forum-news-and-events
December 11, 2018
During this webinar, Paul Kraft, a Deloitte partner and US Mutual Fund & Investment Management...
newsroom/board-governance/oversight-of-cco;newsroom/regulatory-news;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-regulatory-news
December 10, 2018
A recent academic paper from Tamar Frankel, Professor of Law Emerita at Boston University, ...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
December 6, 2018
The SEC reports that it received over 5,200 whistleblower tips in FY 2018, the highest increase in...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
December 5, 2018
A research paper from Morningstar examines how payments to brokers drive fund flows and affect...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance/forum-board-leadership
December 4, 2018
In an in-depth interview with Bloomberg Markets, Fidelity chief executive Abigail Johnson and...
forum-news-feed/forum-news-and-events
December 3, 2018
Please join experts from Ernst & Young as they present this webinar, focused on current updates in the...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership
November 29, 2018
The Wall Street Journal reports that PIMCO is among asset managers warning employees that their pay...
newsroom/regulatory-news;newsroom/risk;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
November 28, 2018
SEC Chairman Jay Clayton at a recent conference said he believes the potential impact of Brexit...
newsroom/other-oversight/proxy-voting;forum-news-feed/forum-other-oversight/forum-proxy-voting
November 27, 2018
New SEC Commissioner Elad Roisman encouraged participants at the recent SEC Staff Roundtable on the...
newsroom/board-governance/board-leadership;newsroom/regulatory-news;forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuation
November 26, 2018
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert, announcing a series...
newsroom/other-oversight/securities-lending;forum-news-feed/forum-other-oversight/forum-securities-lending
November 21, 2018
Reuters is reporting that global asset managers generated $6 billion in revenue loaning out stocks...
newsroom/accounting-and-audit;newsroom/board-governance;forum-news-feed/forum-accounting-and-audit
November 20, 2018
According to a report in Politico, the SEC is currently undertaking a sweep of investment...
newsroom/board-governance;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
November 19, 2018
A lengthy report in the New York Times scrutinized the SEC’s Division of Enforcement’s record...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership;forum-news-feed/forum-advisory-contracts
November 15, 2018
Victory Capital Holdings plans to purchase USAA Asset Management Company, including its mutual...
newsroom/legislative-news;newsroom/regulatory-news;forum-news-feed/forum-legislative-news;member-resources/member-regulatory-news
November 14, 2018
According to Bloomberg and other media reports, big banks like Wells Fargo can expect to see more...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
November 13, 2018
The SEC released a proposal designed to improve and simplify disclosures about variable annuities...
forum-news-feed/forum-news-and-events
November 12, 2018
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2018 elections and how the...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
November 8, 2018
The SEC recently issued a decision that concluded the NYSE Arca, Inc. and Nasdaq Stock Market LLC...
newsroom/accounting-and-audit;newsroom/other-oversight
November 7, 2018
SEC Chairman Jay Clayton was among several speakers at a recent eventfocused on reference rate...
forum-news-feed/forum-news-and-events
November 6, 2018
Although variable product funds present similar oversight responsibilities for boards as retail...
newsroom/board-governance;newsroom/other-oversight
November 5, 2018
A data-rich report by PwC reviewed the landscape for the asset management industry and came to...
newsroom/other-oversight;forum-news-feed/forum-other-oversight
November 1, 2018
The CFA Institute recently published a report on its survey of member views on what the future...
newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
October 31, 2018
Two experts debated the long-term prospects of Bitcoin in a Wall Street Journal report and came away...
newsroom/regulatory-news;member-resources/member-regulatory-news
October 30, 2018
“The retirement crisis is a tsunami that is rapidly approaching,” SEC Commissioner Kara Stein said in...
forum-news-feed/forum-news-and-events
October 29, 2018
Sara Yerkey of Management Practices Inc., will discuss how industry trends are influencing the...
newsroom/accounting-and-audit;newsroom/valuation;forum-news-feed/forum-valuation
October 25, 2018
Deloitte’s sixteenth annual Fair Valuation Pricing Survey took a deep dive into innovation and how...
newsroom/board-governance;newsroom/board-governance/board-leadership
October 24, 2018
In interviews with asset management leaders Barron’s asked top executives about their views on the...
newsroom/advisory-contracts;newsroom/regulatory-news;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
October 23, 2018
In a speech that touched on a number of topics, SEC Commissioner Hester Peirce said the SEC should...
newsroom/board-governance/board-leadership;forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
October 22, 2018
In a recent speech, the SEC’s IM Division Director Dalia Blass discussed the division’s board...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership;newsroom/other-oversight/portfolio-trading
October 17, 2018
A group of academics, including Martijn Cremers known for his work on active share, recently...
newsroom/board-governance/board-leadership;newsroom/board-governance/oversight-of-cco;newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
October 15, 2018
The SEC’s Division of Investment Management issued a no-action letter regarding fund board...
newsroom/board-governance;newsroom/other-oversight;newsroom/regulatory-news
October 15, 2018
More than 70 banks, including JPMorgan, have joined a blockchain designed to speed up payments and...
newsroom/board-governance;newsroom/other-oversight
October 11, 2018
SEC Commissioner Kara Stein in a recent speech doubled down on the need for expanded cybersecurity...
forum-news-feed/forum-news-and-events
October 10, 2018
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
newsroom/other-oversight/portfolio-trading;newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
October 9, 2018
The SEC recently announced that Putnam Investment Management and one of its former portfolio...
newsroom/accounting-and-audit;forum-news-feed/forum-accounting-and-audit
October 4, 2018
Consulting firm EY released a report on audit committee reporting trends for 2018. The US survey of...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
October 3, 2018
The SEC announced a settlement with Voya Financial Advisors Inc., a broker-dealer and investment...
newsroom/advisory-contracts;forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-etfs
October 2, 2018
According to media reports, Invesco is in talks to acquire Oppenheimer Funds in a $5 billion...
newsroom/regulatory-news;forum-news-feed/forum-regulatory-news
October 1, 2018
Dalia Blass, director of the SEC’s Division of Investment Management,faced questions from...
newsroom/board-governance;newsroom/regulatory-news
September 27, 2018
SEC Commissioner Robert Jackson is calling for reform in the way stock exchanges are regulated to...
newsroom/board-governance/board-leadership;newsroom/regulatory-news
September 26, 2018
In a recent speech, SEC Commissioner Hester Peirce continued to champion innovation, noting that the SEC...
newsroom/advisory-contracts;newsroom/board-governance/board-leadership
September 25, 2018
The Investment Adviser Association and National Regulatory Services released their 18th annual...
forum-news-feed/forum-board-governance/forum-board-leadership
September 24, 2018
A report from consulting firm McKinsey analyzes the financial crisis and contributing factors -- high...
newsroom/other-oversight/portfolio-trading;newsroom/regulatory-news
September 20, 2018
The SEC announced the scheduled expiration of a two-year pilot program that would widen the...
newsroom/board-governance/board-leadership;newsroom/regulatory-news
September 19, 2018
The Wall Street Journal reported that California legislators passed a bill that requires public...
newsroom/regulatory-news
September 18, 2018
SEC Chairman Jay Clayton released an announcement on staff views stating: “The Commission’s...
newsroom/other-oversight/proxy-voting;newsroom/regulatory-news
September 17, 2018
The staff of the SEC’s Division of Investment Management is reconsidering whether prior staff...
forum-news-feed/forum-regulatory-news
September 13, 2018
The SEC announced that Legg Mason Inc. will pay over $34 million to resolve an SEC charge that it...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
September 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-news
September 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
September 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-news
September 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-disclosure
September 5, 2018
InvestmentNews and Barron’s are reporting that fund advisers, including BlackRock, Morgan Stanley...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news
September 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-news
August 30, 2018
Eight months after the U.K.’s Markets in Financial Institutions Directive went into effect, firms...
forum-news-feed/forum-money-market-funds
August 29, 2018
According to a Bloomberg report, asset managers are expected to reap quite a cash windfall as a...
forum-news-feed/forum-regulatory-news
August 28, 2018
President Trump’s announcement that he asked the SEC to study six-month reporting for public...
forum-news-feed/forum-regulatory-news
August 27, 2018
In recent remarks, FinCen Director Kenneth A. Blanco reiterated that the agency’s rules apply to...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
August 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-news
August 22, 2018
The SEC announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges...
forum-news-feed
August 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-governance
August 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-etfs
August 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-news
August 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-trading
August 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-news
August 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-news
August 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-news
August 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-derivatives
August 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-risk
August 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-trading
August 2, 2018
A white paper from Broadridge reviews the landscape for emerging market debt, noting that this...
forum-news-feed/forum-board-governance
August 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-news
July 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-voting
July 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-news
July 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-oversight
July 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-news
July 24, 2018
The SEC recently proposed amendments to its whistleblower rules that may broaden the type of tips...
forum-news-feed/forum-regulatory-news
July 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-trading
July 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-news
July 18, 2018
FINRA recently notified members that it is monitoring developments in the digital asset...
newsroom/etfs;forum-news-feed/forum-etfs
July 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-governance
July 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-leadership
July 12, 2018
A report from The Directors and Chief Risk Officers Group provides boards with guiding principles to...
newsroom/advisory-contracts;newsroom/board-governance;forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-other-oversight/forum-portfolio-trading
July 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-trading
July 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-contracts
July 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
July 5, 2018
A recent report in the Wall Street Journal observed that political factors such asNorth Korea,...
forum-news-feed/forum-regulatory-news
July 3, 2018
The SEC released a draft strategic plan that focuses on investors, innovation, and performance as...
newsroom/board-governance/board-leadership;newsroom/etfs;newsroom/regulatory-news
July 2, 2018
The SEC unanimously approved a new rule proposal under the 1940 Act that would allow the majority...
newsroom/board-governance/board-leadership;newsroom/regulatory-news
June 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-oversight
June 28, 2018
An article by Harvard academics analyzes agency problems related to the rise of institutional investors...
forum-news-feed/forum-regulatory-news
June 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-news
June 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
June 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-trading
June 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-trading
June 20, 2018
BNY Mellon’s Pershing is announcing that net inflows to mutual funds on the Pershing platform...
forum-news-feed/forum-regulatory-news
June 19, 2018
CFTC investigators have asked four bitcoin exchanges for trading data as the agency probes whether...
forum-news-feed/forum-news-and-events
June 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-trading
June 15, 2018
A new book from the CFA Institute’s research unit provides an overview of alternative investments....
June 14, 2018
An article by lawyers at Katten Munchin provides an overview of the EU’s General Data Protection...
forum-news-feed/forum-regulatory-news
June 13, 2018
The SEC along with other banking agencies released a proposal to amend a section of the Bank...
newsroom/regulatory-news
June 12, 2018
The SEC announced that Sarah G. ten Siethoff has been named the Associate Director for the...
forum-news-feed/forum-regulatory-news
June 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-governance
June 7, 2018
“Directors’ notes, if not properly handled, can result in unintentional waivers of privilege and...
forum-news-feed/forum-board-governance
June 6, 2018
Top industry leaders, including representatives from EY and Goldman Sachs, testified on...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
June 5, 2018
Comment letters from Nasdaq and CBOE harshly criticize the SEC’s proposal to implement a two-year pilot...
forum-news-feed/forum-regulatory-news
June 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-news
May 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-news
May 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-valuation
May 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-trading
May 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-trading
May 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-news
May 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-valuation
May 21, 2018
The AICPA issued a working draft of the AICPA Accounting and Valuation Guide Valuation of Portfolio...
forum-news-feed/forum-board-governance
May 17, 2018
A study organized by the Alliance for Board Diversity in collaboration with Deloitte analyzed the...
forum-news-feed/forum-news-and-events
May 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-cco
May 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-news
May 14, 2018
The SEC recently focused talks on the market for smaller, more thinly-traded companies, an issue...
forum-news-feed/forum-regulatory-news
May 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-news
May 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-trading
May 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-news
May 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
May 3, 2018
The Center for Audit Quality recently released a resource titled Cybersecurity Risk Management...
forum-news-feed/forum-regulatory-news
May 2, 2018
In testimony before committees of the U.S. House of Representatives, SEC Chairman Jay Clayton...
forum-news-feed/forum-news-and-events
May 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-news
April 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-news
April 25, 2018
The New York Attorney General recently concluded an investigation into mutual fund fees and...
forum-news-feed/forum-news-and-events
April 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
April 23, 2018
The SEC plans to hire a technology company to focus on blockchain, cryptocurrency monitoring, among...
forum-news-feed/forum-regulatory-news
April 20, 2018
The SEC proposed a long-awaited package of rulemakings and interpretations on investment adviser...
forum-news-feed/forum-board-governance
April 19, 2018
In a recent speech to fintech thought leaders, CFTC Commissioner Brian Quintenz described the ongoing...
forum-news-feed/forum-news-and-events
April 18, 2018
During this webinar, experts from ACA Compliance Group will discuss all things related to fund...
forum-news-feed/forum-regulatory-news
April 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-news
April 16, 2018
President Trump recently signed into law a measure that will make capital more readily available...
April 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-governance
April 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-trading
April 10, 2018
An analysis of Morningstar’s Star Ratings’ and future fund flows by research firm Flowspringfinds...
forum-news-feed/forum-news-and-events
April 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-risk
April 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-risk
April 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
April 3, 2018
Bloomberg is reporting that a whistleblower has accused market regulators and FINRA of allowing sensitive...
forum-news-feed/forum-news-and-events
April 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-news
March 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-news
March 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-news
March 27, 2018
The SEC proposed amendments to the Liquidity Rule, addressing some industry concerns regarding...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuation
March 26, 2018
Dalia Blass, Director of the SEC’s Division of Investment Management, recently discussed her...
newsroom/legislative-news;forum-news-feed/forum-other-oversight
March 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-trading
March 19, 2018
Reuters is reporting that the Federal Reserve and the Treasury Department’s Office of Financial...
forum-news-feed/forum-risk
March 15, 2018
Reuters reported that BlackRock recently disclosed that third-party commentary on the increasing...
forum-news-feed/forum-regulatory-news
March 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-news
March 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
March 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-risk
March 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-news
March 7, 2018
DST’s Research, Analytics and Consulting reports that the 15 publicly-traded firms that comprise its Asset...
forum-news-feed/forum-news-and-events
March 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-news
March 5, 2018
The SEC is extending the compliance date for provisions of the Liquidity Rule which require fund...
forum-news-feed/forum-regulatory-news
March 1, 2018
The SEC’s Division of Enforcement recently announced a self-reporting initiative that aims to protect...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight/forum-proxy-voting
February 28, 2018
A group of academics studied a comprehensive sample of proxy contests and mutual fund voting...
forum-news-feed/forum-news-and-events
February 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-news
February 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-news
February 22, 2018
The SEC announced that it extended the compliance date for certain provisions of the liquidity...
forum-news-feed/forum-regulatory-news
February 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-risk
February 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-valuation
February 20, 2018
An article in online publication FinOps explores a recent SEC action against fund administrator...
forum-news-feed/forum-board-governance
February 19, 2018
An article by governance experts discusses strategies for achieving effective individual and board...
forum-news-feed/forum-regulatory-news
February 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-news
February 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-news
February 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
February 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-news
February 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
February 8, 2018
Join Ingrid Dyott, Managing Director, Neuberger Berman and Curtis Ravenel, Global Head of...
forum-news-feed/forum-other-oversight
February 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-lending
February 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-governance
February 5, 2018
A new report by Morningstar covers the landscape of sustainable investment products and notes the...
newsroom/board-governance/board-leadership;forum-news-feed/forum-board-governance/forum-board-leadership;member-resources/member-board-governance/member-board-leadership
February 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-resources
January 31, 2018
According to a Financial Times report, Vanguard CEO Tim Buckley is concerned that speculators may...
forum-news-feed/forum-board-governance
January 30, 2018
A recent paper from University of Pennsylvania academics finds that busy corporate directors...
newsroom/board-governance;newsroom/board-governance/board-leadership
January 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-news
January 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-news
January 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/risk
January 23, 2018
An article by lawyers from Drinker Biddle discussed recent developments in blockchain technology...
newsroom/board-governance;newsroom/regulatory-news;newsroom/risk
January 22, 2018
The SEC’s Division of Investment Management released a group of questions and answers on Liquidity...
newsroom/other-oversight/distribution;newsroom/legislative-news;newsroom/regulatory-news
January 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-news
January 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
January 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-governance
January 10, 2018
Broadridge announced that it has completed its acquisition of Morningstar’s 15(c) board consulting services...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
January 9, 2018
Lawyers at K&L Gates and Dechert have begun to examine the implications for the industry resulting from...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-board-governance
January 8, 2018
A New York Times article criticizes a fund manager who it says charges high fees without regard to...
forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-news-and-events
January 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-news
January 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-news
December 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-news
December 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-news
December 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-news
December 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-risk
December 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-voting
December 19, 2017
ISS recently introduced a change to its U.S. policy to respond to concerns over excessive director...
forum-news-feed/forum-regulatory-news
December 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-risk
December 14, 2017
A report by a Federal Reserve Bank of Boston markets specialist explores the impact of money market...
forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news
December 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
December 12, 2017
The SEC recently modified and delayed electronic filing requirements for Form N-Port, which...
forum-news-feed/forum-news-and-events
December 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-risk
December 7, 2017
A Wall Street Journal report by Deloitte staff observes that the rapid proliferation of algorithms...
forum-news-feed/forum-news-and-events
December 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-news
December 5, 2017
The SEC announced that it has ratified its prior appointment of its administrative law judges and...
forum-news-feed/forum-regulatory-news
December 4, 2017
The U.S. Treasury issued a report recommending changes to FSOC’s process of determining government...
forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance
November 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-news
November 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
November 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-news
November 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-etfs
November 21, 2017
A lawsuit by Nasdaq, Inc. against a 1940-Act registered firm and other entities claims the...
forum-news-feed/forum-etfs
November 20, 2017
CME Group, a CFTC-regulated derivatives marketplace and exchange group, announced it will launch a...
forum-news-feed/forum-board-governance
November 16, 2017
According to PwC’s annual survey of public company directors, U.S. corporate directors are...
forum-news-feed/forum-regulatory-news
November 15, 2017
The Investment Company Institute in a recent letter requested that the SEC adjust the compliance...
forum-news-feed/forum-news-and-events
November 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-risk
November 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-risk
November 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-risk
November 8, 2017
A recent Morningstar report analyzed the stewardship practices of large sponsors of passively...
forum-news-feed/forum-regulatory-news
November 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-risk
November 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
November 1, 2017
Boards overseeing ETFs have challenges in evaluating performance and fees that are unique from...
forum-news-feed/forum-regulatory-news
October 31, 2017
A new report from the U.S. Treasury reviewed the regulatory framework for asset management and...
forum-news-feed/forum-regulatory-news
October 30, 2017
The SEC’s Division of Investment Management and Division of Trading and Markets provided no-action...
forum-news-feed/forum-regulatory-news
October 26, 2017
The nominees for the two open SEC commissioner spots testified before a Senate panel, answering...
forum-news-feed/forum-regulatory-news
October 25, 2017
The chief of the CFTC’s Division of Enforcement, recently announced a self-reporting program that could...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
October 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-trading
October 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
October 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-news
October 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-valuation
October 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-news
October 16, 2017
The SEC recently extended no-action relief granted in 2016 in connection with a rule that requires an...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
October 12, 2017
As investor cash continues to pour into passively managed investments active fund managers are...
forum-news-feed/forum-news-and-events
October 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-news
October 10, 2017
The California Superior Court in San Francisco recently found that plaintiffs did not have...
forum-news-feed/forum-board-governance
October 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
October 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-risk
October 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-risk
October 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-risk
September 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-voting
September 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-news
September 26, 2017
In an article for The Hill, Kenneth E. Bentsen, Jr., president and CEO of the Securities Industry...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
September 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-news
September 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-news
September 20, 2017
The New York City Comptroller Scott M. Stringer and the New York City Pension Funds recently...
forum-news-feed/forum-news-and-events
September 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-news
September 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-governance
September 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-news
September 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-news
September 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
September 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-news
September 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-news
September 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-news
September 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-risk
August 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-governance
August 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-risk
August 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-risk
August 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-risk
August 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-risk
August 23, 2017
The SEC recently instituted cease-and-desist proceedings against the CCO of two affiliated...
forum-news-feed/forum-regulatory-news
August 22, 2017
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert based on staff...
forum-news-feed/forum-regulatory-news
August 21, 2017
A recent report concludes that the emerging regulatory landscape is favorable for financial...
forum-news-feed/forum-regulatory-news
August 17, 2017
A Wall Street Journal report says that the Trump Administration’s business friendly stance is partly...
forum-news-feed/forum-regulatory-news
August 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-risk
August 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-risk
August 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
August 10, 2017
According to a Wall Street Journal report, Varo Money Inc., a digital banking startup, has...
forum-news-feed/forum-regulatory-news
August 9, 2017
The SEC recently acknowledged that businesses and individuals are increasingly using initial coin...
forum-news-feed/forum-board-governance
August 8, 2017
State Street Global Advisors, which adopted a widely publicized board diversity policy earlier...
forum-news-feed/forum-regulatory-news
August 7, 2017
President Trump is expected to select Robert Jackson, a law professor at Columbia University, to...
forum-news-feed/forum-advisory-contracts
August 3, 2017
An Eighth Circuit panel recently agreed with an Iowa district court’s dismissal of a Section 36(b)...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-risk;forum-news-feed/forum-valuation
August 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-news
August 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-news
July 31, 2017
SEC Commissioner Michael Piwowar submitted a response to the DOL’s request for public input on the...
forum-news-feed/forum-regulatory-news
July 27, 2017
President Trump announced plans to nominate Hester Peirce, a former SEC staff attorney and counsel to...
forum-news-feed/forum-board-governance
July 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-risk
July 25, 2017
The Federal Reserve recently released its semi-annual Monetary Policy Report which addressed...
forum-news-feed/forum-regulatory-news
July 24, 2017
SEC Chairman Jay Clayton in his first public speech reiterated the agency’s mission and its...
forum-news-feed/forum-regulatory-news
July 20, 2017
The Bureau of Consumer Financial Protection completed a rule originally proposed in May 2016 that...
forum-news-feed/forum-news-and-events
July 19, 2017
MPI’s 2017 survey will provide benchmarks from analysis of 2016 financial statements of 18...
forum-news-feed/forum-board-governance
July 18, 2017
An article in the Wisconsin Law Review by academics from Harvard Law School and University of...
forum-news-feed/forum-board-governance
July 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-risk
July 13, 2017
In a recent speech, Scott W. Bauguess, the acting director and acting chief economist of the...
forum-news-feed/forum-news-and-events
July 12, 2017
This webinar will provide an in-depth overview of the tenets of cyber-security insurance. The...
forum-news-feed/forum-regulatory-news
July 11, 2017
The Department of Labor has issued another request for public comment on the Fiduciary Rule,...
forum-news-feed/forum-news-and-events
July 10, 2017
Typically, U.S. stock exchanges charge fees for certain transactions and pay “rebates” for others....
forum-news-feed/forum-valuation
July 6, 2017
A report by CMRA, a risk management and consulting firm, discusses recent enforcement actions...
forum-news-feed/forum-regulatory-news
July 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-news
July 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
June 29, 2017
The Financial Times reported that a technology company successfully used blockchain to buy and sell...
forum-news-feed/forum-risk
June 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-news
June 27, 2017
According to a Bloomberg report, President Trump is expected to select Hester Peirce, a research...
forum-news-feed/forum-board-governance;forum-news-feed/forum-risk
June 26, 2017
A yearly report from law firm DLA Piper detailed the results of surveys distributed to corporate...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-shareholder-disclosure
June 22, 2017
A recent article in the Investment Lawyer by Sullivan & Worcester lawyer Thomas M. Ahmadifar explores...
forum-news-feed/forum-news-and-events
June 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-news
June 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-news
June 19, 2017
The U.S. Treasury Department released a report on the U.S. financial system and recommended major...
forum-news-feed/forum-board-governance
June 15, 2017
Authors of a recent academic paper posit that corporate boards that retain a single director with a...
forum-news-feed/forum-board-governance
June 14, 2017
A paper by academics from the University of Michigan argues that U.S. corporate governance rules...
forum-news-feed/forum-regulatory-news
June 13, 2017
An adviser charged with violating various securities laws by concealing the misappropriation of...
forum-news-feed/forum-regulatory-news
June 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-news
June 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-news
June 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-risk
June 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-news
June 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-news
June 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-news
May 31, 2017
In an opinion piece for the Wall Street Journal, Department of Labor Secretary Alexander Acosta...
forum-news-feed/forum-news-and-events
May 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-disclosure
May 29, 2017
Fidelity Investments and Prudential Financial are among financial firms that have adopted and are...
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-news
May 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-trading
May 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
May 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-risk
May 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-risk
May 17, 2017
According to research conducted by DeVoe & Company, 44 merger and acquisition transactions were...
forum-news-feed/forum-news-and-events
May 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-risk
May 15, 2017
An academic paper investigates the dramatic increase over the past twenty years in the number of...
forum-news-feed/forum-regulatory-news
May 11, 2017
A group representing banking regulators from 50 states has sued the Office of the Comptroller of the...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight;forum-news-feed/forum-risk
May 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-distribution
May 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-oversight
May 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-news
May 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-news
May 3, 2017
House Financial Services Committee Chairman Jeb Hensarling recently released a revised version of...
forum-news-feed/forum-regulatory-news
May 2, 2017
President Trump recently ordered a 180-day review of two key Dodd-Frank regulations and asked the...
forum-news-feed/forum-regulatory-news
May 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-trading
April 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-events
April 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-risk
April 25, 2017
Acting SEC Chairman Michael S. Piwowar restated his opposition to the DOL’s Fiduciary rule at the...
forum-news-feed/forum-regulatory-news
April 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-news
April 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-news
April 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-risk
April 18, 2017
An academic paper takes on the challenges that digital advice poses for financial market...
forum-news-feed/forum-regulatory-news
April 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-risk
April 13, 2017
Plaintiffs have agreed to a $14.25 million settlement in their securities class action against the...
forum-news-feed/forum-legislative-news
April 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-news
April 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-risk
April 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-news
April 6, 2017
As anticipated, the Department of Labor delayed until June 9, 2017 the applicability of the Fiduciary...
forum-news-feed/forum-news-and-events
April 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-events
April 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-risk
April 3, 2017
Recent research findings from Oliver Wyman and Morgan Stanley delivered a sober outlook on the...
forum-news-feed/forum-board-governance
March 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-risk
March 29, 2017
As exchange-traded funds grow in popularity, regulators appear to be recognizing the need for...
forum-news-feed/forum-regulatory-news
March 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-risk
March 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-news
March 27, 2017
In his confirmation hearing before the U.S. Senate Banking Committee, the nominee for SEC Chairman answered...
forum-news-feed/forum-regulatory-news
March 23, 2017
Financial firms are curtailing their early efforts to comply for the DOL Fiduciary Rule, set to...
forum-news-feed/forum-regulatory-news
March 22, 2017
A Bloomberg report says that the Enforcement Division of the SEC is reining in spending by banning...
forum-news-feed/forum-regulatory-news
March 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-events
March 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
March 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
March 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-news
March 9, 2017
A bill introduced in Congress by Democratic Congresswoman Marcy Kaptur aims to “revive the...
forum-news-feed/forum-regulatory-news
March 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-oversight
March 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-news
March 6, 2017
At a recent conference, Acting SEC Chairman Michael Piwowar described the DOL Fiduciary Rule as...
forum-news-feed/forum-regulatory-news
March 2, 2017
FINRA recently proposed an amendment to its advertising rule that would permit firms to distribute investment...
forum-news-feed/forum-regulatory-news
March 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-news
February 28, 2017
A Bloomberg report citing conversations with unnamed sources said Acting SEC Chairman Michael Piwowar has...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
February 27, 2017
An oversight plan recently approved by lawmakers pledges to “continually and vigilantly scrutinize how...
forum-news-feed/forum-regulatory-news
February 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-news
February 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
February 21, 2017
The Mutual Fund Directors Forum released an extensive new paper titled Role of the Mutual Fund...
forum-news-feed/forum-regulatory-news
February 16, 2017
A report tallying SEC enforcement actions in 2016 shows the top trends and areas targeted by the...
February 15, 2017
A group of financial firms, including digital financial advisers, recently collaborated to form...
forum-news-feed/forum-reference
February 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-oversight
February 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-news
February 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-news
February 8, 2017
An executive order targeting the DOL Fiduciary Rule asked the Department of Labor to undertake an...
forum-news-feed/forum-regulatory-news
February 7, 2017
The SEC announced that Commissioner Michael Piwowar has been designated acting chairman by...
forum-news-feed/forum-news-and-events
February 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-news
February 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-risk
February 1, 2017
The Financial Stability Board recently published recommendations for addressing structural...
forum-news-feed/forum-news-and-events
January 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-distribution
January 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-news
January 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-news
January 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-news
January 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-news
January 23, 2017
A staff working paper from the Federal Reserve discussed the implementation of the Volcker Rule and its...
forum-news-feed/forum-regulatory-news
January 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-etfs
January 18, 2017
According to a Reuters report, shareholders invested $375 billion into exchange-traded funds in 2016, a...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
January 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-news
January 16, 2017
SEC Commissioner Michael Piwowar, who is expected to become the agency’s acting chairman after...
forum-news-feed/forum-regulatory-news
January 12, 2017
Timothy G. Massad said he will step down as chairman of the CFTC, effective January 20, 2017. A...
forum-news-feed/forum-regulatory-news
January 11, 2017
The New York Department of Financial Services released an updated version of its cybersecurity law slated to...
forum-news-feed/forum-board-governance;forum-news-feed/forum-other-oversight
January 10, 2017
The recently released Spencer Stuart Board Index presents data on board composition, board...
forum-news-feed/forum-regulatory-news
January 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-news
January 5, 2017
Jay Clayton, a partner with New York law firm Sullivan & Cromwell LLP, has been nominated by...
forum-news-feed/forum-regulatory-news
January 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-disclosure
January 3, 2017
The SEC recently released guidance for mutual funds in response to issues raised by the DOL...
forum-news-feed/forum-regulatory-news
December 28, 2016
The CFTC released enforcement results for the fiscal year ended September 2016. Over the period, the...
forum-news-feed/forum-other-oversight
December 27, 2016
The Federal Reserve recently published a paper on distributive ledger technology, citing the...
forum-news-feed/forum-etfs
December 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-risk
December 22, 2016
The CFTC recently reported the results of a supervisory stress test conducted in April 2016 aimed at...
forum-news-feed/forum-valuation
December 21, 2016
According to reports, the SEC has sent examination letters or interviewed people at mutual funds, including...
forum-news-feed/forum-regulatory-news
December 20, 2016
In a letter responding to a request from Republican Senators Richard Shelby and Mike Crapo that...
forum-news-feed/forum-news-and-events
December 19, 2016
During this webinar, Paul Kraft, a partner and US Mutual Fund & Investment Management Practice...
forum-news-feed/forum-board-governance
December 15, 2016
A Morningstar study reported that there has been no improvement in women’s participation rates in...
forum-news-feed/forum-regulatory-news
December 14, 2016
In a recent speech, Thomas Curry, chief of the Office of the Comptroller of the Currency, said...
forum-news-feed/forum-risk
December 13, 2016
Bank of New York Mellon Corp., which serves as custodian for many mutual funds, reported a...
forum-news-feed/forum-regulatory-news
December 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-valuation
December 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-news
December 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-events
December 6, 2016
The SEC’s rules mandating that funds adopt liquidity risk management programs will have far...
forum-news-feed/forum-valuation
December 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-news
December 2, 2016
The plaintiff in an excessive fee suit filed against PIMCO in December 2014 scored a victory on...
forum-news-feed/forum-reference
December 1, 2016
In testimony before the U.S. House Financial Services Committee, SEC Chairwoman Mary Jo White...
forum-news-feed/forum-regulatory-news
November 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-events
November 29, 2016
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2016 elections and how the...
forum-news-feed/forum-regulatory-news
November 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-governance
November 23, 2016
A recent article provided some practical guidelines outlined below to improve the effectiveness...
forum-news-feed/forum-regulatory-news
November 22, 2016
The Office of the Comptroller of the Currency (OCC) announced it will establish an office...
November 21, 2016
A collection of reports on cyber activity shows that financial institutions are increasingly the...
forum-news-feed/forum-news-and-events
November 17, 2016
The SEC recently adopted far-reaching rules requiring mutual funds and ETFs to adopt liquidity...
forum-news-feed/forum-regulatory-news
November 16, 2016
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert regarding the...
forum-news-feed/forum-news-and-events
November 15, 2016
As automated financial advice becomes more mainstream, webinar will explore various types of...
forum-news-feed/forum-regulatory-news
November 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-news
November 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-events
November 10, 2016
Change in board membership is accelerating and boards are bringing greater discipline to how new...
forum-news-feed/forum-regulatory-news
November 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-trading
November 8, 2016
Morningstar is launching a style box for alternative investment funds to provide better insight...
forum-news-feed/forum-news-and-events
November 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-voting
November 4, 2016
ISS recently released draft proxy voting policy changes for the 2017 proxy season and is seeking...
member-resources/member-portfolio-trading
November 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-news
November 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-oversight
November 1, 2016
Deloitte recently reported the results of its fourteenth annual Fair Valuation Pricing Survey of...
forum-news-feed/forum-reference
October 31, 2016
On October 24, 2016, Nasdaq Inc. will launch an upgraded system that could lessen the protections...
forum-news-feed/forum-reference
October 27, 2016
According to a Financial Times report, the SEC is laying the groundwork to examine the...
forum-news-feed/forum-regulatory-news
October 26, 2016
The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the...
forum-news-feed/forum-regulatory-news
October 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-valuation
October 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-news
October 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...
forum-news-feed/forum-regulatory-news
October 17, 2016
The SEC reported an increase in enforcement actions for the fiscal year ended September 30, 2016....
member-resources/member-regulatory-news
October 14, 2016
SEC Commissioners voted on October 13, 2016 to adopt proposals to reform oversight and regulation of...
forum-news-feed/forum-regulatory-news
October 13, 2016
The IRS and Treasury Department recently proposed regulations regarding the treatment of a...
forum-news-feed/forum-regulatory-news
October 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-news
October 11, 2016
A recent study by consulting firm A.T. Kearney predicts a $20 billion revenue impact for the...
member-resources/member-regulatory-news
October 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-news
October 4, 2016
On September 28, 2016, the Securities and Exchange Commission adopted rules for securities...
forum-news-feed/forum-reference
October 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-news
October 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-news
September 29, 2016
In a recent speech, the director of the SEC’s Division of Enforcement, Andrew Ceresney, provided a...
forum-news-feed/forum-risk
September 28, 2016
Reuters reports that fund managers have begun increasing investments in private assets in search for...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
September 27, 2016
Ernst and Young recently agreed to settle two cases of independence violations stemming from...
forum-news-feed/forum-regulatory-news
September 26, 2016
The Wall Street Journal reports that New York has proposed rules that would require banks to...
forum-news-feed/forum-reference
September 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-news
September 21, 2016
In a recent speech, SEC Commission Piwowar discussed fixed income market issues. He highlighted some...
forum-news-feed/forum-regulatory-news
September 20, 2016
InvestmentNews reports that the SEC continues to consider a fiduciary rule. SEC Chair Mary Jo...
forum-news-feed/forum-news-and-events
September 19, 2016
The fiduciary regulation will cause sweeping changes to the U.S. retirement landscape. Many...
forum-news-feed/forum-etfs
September 14, 2016
Schwab’s 2016 ETF Investor Survey shows that both registered investment advisers (RIAs) and ETF...
forum-news-feed/forum-shareholder-disclosure
September 13, 2016
The Chamber of Commerce Center for Capital Markets Competitiveness recently sent a letter to SEC...
forum-news-feed/forum-board-governance
September 12, 2016
A small group of leaders of large corporations and investment managers together with an activist...
forum-news-feed/forum-reference
September 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-news
September 7, 2016
The SEC recently settled charges with a fund adviser stemming from a side agreement that prevented an...
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-events
August 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-disclosure
August 30, 2016
The Wall Street Journal reports that the SEC plans to abandon its proposal that would have made...
forum-news-feed/forum-advisory-contracts
August 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-risk
August 25, 2016
A recent report by Greenwich Associates explores some security issues associated with the use of...
forum-news-feed/forum-board-governance
August 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-news
August 23, 2016
A recent study finds that SEC enforcement activity through the third quarter of 2016 has declined...
forum-news-feed/forum-risk
August 22, 2016
A recent K&L Gates Client Alert outlines some questions boards may wish to ask as they evaluate...
forum-news-feed/forum-reference
August 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-funds
August 17, 2016
Earlier this month, the CFTC issued a rule interpretation and no-action letter finding that the money...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
August 16, 2016
The Wall Street Journal reports that Nasdaq is developing a new order type designed to compete with...
forum-news-feed/forum-money-market-funds;member-resources/member-fund-types/member-money-market-funds
August 15, 2016
Municipal money market funds are struggling as the compliance date for the 2014 money market fund...
forum-news-feed/forum-board-governance
August 11, 2016
A recent paper examines how female and minority directors are valued by shareholders and boards by...
forum-news-feed/forum-board-governance
August 10, 2016
A recent post on the Harvard Corporate Governance blog called board refreshment “a topic on fire.” The...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
August 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-reference
August 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-reference
August 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-reference
August 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-trading
August 2, 2016
The Wall Street Journal reports that average daily bond trading volume increased 2% during the...
forum-news-feed/forum-reference
August 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-disclosure
July 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-news
July 26, 2016
Legislation introduced by Senators Elizabeth Warren and Mark Warner and Representative Elijah...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
July 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-voting
July 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-voting
July 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-risk
July 19, 2016
In a recent letter to SEC Chair Mary Jo White, Senator Sherrod Brown, the ranking Democrat on the...
forum-news-feed/forum-reference
July 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-events
July 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-trading
July 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-voting
July 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-risk
July 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-news
July 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-news
July 7, 2016
In the latest setback to a full Commission, the Wall Street Journal reports that a democratic...
forum-news-feed/forum-board-governance
July 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-risk
July 5, 2016
The FSB recently proposed policy recommendations designed to address systemic risks to the...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
June 30, 2016
Earlier this week, the staff of the SEC’s Division of Investment Management issued a guidance...
forum-news-feed/forum-reference
June 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-events
June 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-risk
June 27, 2016
In testimony before the Senate Banking Committee, SEC Chair Mary Jo White highlighted the...
forum-news-feed/forum-regulatory-news
June 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-audit
June 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-news
June 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-income
June 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-trading
June 16, 2016
According to a recent article in Bloomberg, mutual funds purchased $275 billion worth of high...
forum-news-feed/forum-other-oversight/forum-proxy-voting
June 15, 2016
T. Rowe Price recently announced that the company will pay clients approximately $194 million to...
forum-news-feed/forum-regulatory-news
June 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-events
June 13, 2016
The Forum recently filed a supplemental comment letter on the SEC’s reporting modernization...
forum-news-feed
June 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-news
June 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-trading
June 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
June 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-events
June 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-risk
June 2, 2016
This month, the SEC and other financial regulators proposed rules, required by Dodd-Frank, that...
forum-news-feed/forum-other-oversight/forum-distribution;member-resources/member-distribution
June 1, 2016
InvestmentNews reports that FINRA is conducting targeted exams to determine whether brokerage...
forum-news-feed/forum-news-and-events
May 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
May 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-events
May 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-reference
May 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-compensation
May 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-news
May 19, 2016
In a recent blog post, the Department of Treasury summarized the current liquidity conditions in the...
forum-news-feed/forum-other-oversight/forum-proxy-voting
May 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-news
May 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-events
May 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-news
May 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-news
May 11, 2016
Over the past year or so, there have been numerous challenges to the constitutionality of the...
forum-news-feed/forum-reference
May 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-governance
May 5, 2016
A recent article by Matt Fink, an Oppenheimer Funds independent director and former president of...
forum-news-feed/forum-legislative-news
May 4, 2016
Following on the heels of the Senate, the House of Representatives adopted a resolution to stop...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
May 3, 2016
The SEC recently proposed a plan that would create a “single, comprehensive database – a...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
May 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-trading
April 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-news
April 27, 2016
Last week, the Secretary of the Commonwealth of Massachusetts filed charges against State Street...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
April 26, 2016
Three Republican Senators introduced a resolution to stop the recent DOL fiduciary rule. Senator...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news
April 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
April 21, 2016
The SEC’s Investor Advisory Committee recently recommended that the Commission “explore ways to...
forum-news-feed/forum-regulatory-news
April 20, 2016
Treasury Secretary Jack Lew fired back following the DC District Court’s Decision to overturn the...
forum-news-feed/forum-reference
April 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-risk
April 18, 2016
In late March, DC District Court judge Rosemary M. Collyer overturned the FSOC’s designation of...
forum-news-feed/forum-regulatory-news
April 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
April 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-events
April 12, 2016
Because brokerage commissions are fund assets, fund directors have a responsibility to oversee how...
forum-news-feed/forum-news-and-events
April 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-news
April 7, 2016
Today, the Senate Banking Committee will meet in executive session to vote on the nominees for the two...
forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
April 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-governance
April 5, 2016
A recent Wall Street Journal article examined tenure of corporate boards, finding that at least 24%...
forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
March 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
March 30, 2016
A brief statement from the FSOC announced that the Council continues to examine the risks related...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news;member-resources/member-portfolio-trading;member-resources/member-regulatory-news
March 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-reference
March 28, 2016
Research by American Funds shows that low fees and portfolio manager ownership of the fund...
forum-news-feed/forum-news-and-events
March 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-reference
March 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
March 22, 2016
Last week, the director of the SEC’s Division of Investment Management, David Grim, outlined the...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;member-resources/member-regulatory-news
March 21, 2016
In a recent speech, Director of the SEC’s Division of Investment Management David Grim outlined the...
forum-news-feed/forum-regulatory-news;member-resources/member-regulatory-news
March 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-news
March 17, 2016
Federal Reserve Governor Lael Brainard in a recent speech acknowledged “the role of regulation as a...
forum-news-feed/forum-regulatory-news
March 16, 2016
The SEC last week announced the creation of the Office of Risk and Strategy within the Office of...
forum-news-feed/forum-risk
March 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-news
March 14, 2016
In a recent speech, Director of the SEC’s Division of Investment Management David Grim stated that fund...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk;forum-news-feed/forum-shareholder-disclosure;member-resources/member-regulatory-news
March 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-resources
March 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
March 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-funds
March 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-distribution
March 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
March 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-voting
March 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
February 29, 2016
The SEC’s recent release of guidance on fund distribution and sub-accounting fees updates prior...
forum-news-feed/forum-etfs
February 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-news
February 25, 2016
SEC Commissioner Kara Stein worried in a recent speech that increasing complexity of ETFs “makes...
forum-news-feed/forum-regulatory-news
February 24, 2016
Last week, SEC Chair Mary White said that the Commission “will continue to work to develop support...
forum-news-feed/forum-risk
February 23, 2016
A new blog post from economists at the New York Federal Reserve challenges the “conventional wisdom”...
forum-news-feed/forum-regulatory-news
February 22, 2016
A recent article from Bloomberg suggests that the SEC’s recent liquidity and derivatives proposals could...
forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-regulatory-news
February 19, 2016
Representatives from BlackRock met with SEC staff at the end of January regarding the SEC’s...
forum-news-feed/forum-regulatory-news
February 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
February 17, 2016
During one week in August 2015, a major disruption of a fund accounting system impacted the...
forum-news-feed/forum-legislative-news
February 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-funds
February 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-etfs
February 10, 2016
At a recent ETF conference, Vanguard CEO Bill McNabb recently called on his competitors to stop...
forum-news-feed/forum-board-governance
February 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-trading
February 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-trading
February 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-voting
February 4, 2016
In a recent letter to his hedge fund shareholders, Pershing Square founder Bill Ackman examines...
forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
February 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
February 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-trading
February 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-news
January 29, 2016
The Office of Financial Research recently released an analysis of data collected on the bilateral repo...
newsroom/regulatory-news;forum-news-feed/forum-other-oversight/forum-fixed-income-funds
January 28, 2016
The Treasury Department published a notice last week to solicit comments on “changes in Treasury...
forum-news-feed/forum-legislative-news
January 26, 2016
Last month, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (“PATH...
forum-news-feed/forum-regulatory-news
January 25, 2016
The SEC recently announced that Equinox Fund Management agreed to settle charges related to...
forum-news-feed/forum-regulatory-news
January 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-trading
January 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-news
January 20, 2016
The Wall Street Journal reports that the Federal Reserve is looking to adjust margin requirements on...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
January 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-news
January 15, 2016
The decision to liquidate a high-yield bond fund by Third Avenue Management last month prompted...
forum-news-feed/forum-regulatory-news
January 14, 2016
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination Priorities...
forum-news-feed/forum-risk
January 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-news
January 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-distribution
January 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-news
January 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-trading
January 6, 2016
The SEC’s Division of Trading and Markets recently released an analysis of the volatility in...
forum-news-feed/forum-regulatory-news
January 5, 2016
The SEC recently issued a concept release that solicits comments on the need for new requirements for...
forum-news-feed/forum-other-oversight/forum-distribution
January 4, 2016
In a recent paper, Barrington Partners offers an in-depth look into the NAV issues experienced by...
forum-news-feed/forum-regulatory-news
December 23, 2015
In a recent speech, Director of the Division of Investment Management David Grim highlighted the...
forum-news-feed/forum-accounting-and-audit
December 22, 2015
A recent paper examines the effect of an investment company retaining the same auditor used by its...
forum-news-feed/forum-board-governance
December 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-news
December 17, 2015
The Investment Industry Regulatory Organization of Canada (IIROC) announced recently that it had...
forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives;forum-news-feed/forum-regulatory-news
December 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-distribution
December 15, 2015
In a letter to shareholders released last week, Third Avenue Management announced that the board of...
forum-news-feed/forum-regulatory-news
December 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-trading
December 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-valuation
December 9, 2015
In a recent post for Fund Board Views, former Director of the SEC’s Division of Investment...
forum-news-feed/forum-valuation
December 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-news
December 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-news
December 4, 2015
Several existing exchanges are engaged in a heated debate with upstart Investors’ Exchange, LLC...
forum-news-feed/forum-shareholder-disclosure
December 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
December 1, 2015
This webinar will focus on the unique board oversight challenges associated with alternative...
forum-news-feed/forum-board-governance
November 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...
forum-news-feed/forum-regulatory-news
November 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-news
November 20, 2015
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert after conducting a...
November 19, 2015
A new paper finds that “mutual fund flows give an indication on investor risk tolerance and can...
November 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
November 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-risk
November 12, 2015
In a recent meeting, the FSOC discussed it ongoing analysis in six categories of potential risk arising...
forum-news-feed/forum-regulatory-news
November 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-news
November 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-trading
November 6, 2015
A jury in Chicago convicted commodities trader Michael Coscia of six counts of commodities fraud and...
forum-news-feed/forum-risk
November 5, 2015
Last week, two independent directors of the Sequoia Fund resigned due to what the Wall Street...
forum-news-feed/forum-risk
November 4, 2015
Daily liquidity is a key feature of mutual funds, and the ability to pay shareholder redemption...
forum-news-feed/forum-regulatory-news
November 3, 2015
Executives from the NYSE, NASDAQ, and Charles Schwab sent a letter to the SEC raising concerns...
forum-news-feed/forum-board-governance/forum-oversight-of-cco
November 2, 2015
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
forum-news-feed/forum-regulatory-news
October 30, 2015
The SEC last week announced a summary of enforcement statistics and actions for the past year. In...
forum-news-feed/forum-regulatory-news
October 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
October 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-news
October 27, 2015
In a recent speech, SEC Chair Mary Jo White suggested that equity market regulation could provide a...
forum-news-feed/forum-risk
October 26, 2015
The Depository Trust and Clearing Corporation (DTCC) recently issued a whitepaper explaining the risk...
forum-news-feed/forum-board-governance
October 23, 2015
SEC Commissioner Luis Aguilar highlighted the important work of boards and principles of good...
forum-news-feed/forum-risk
October 22, 2015
Credit rating agency Fitch Ratings recently suggested that the SEC’s liquidity management proposal...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
October 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-news
October 20, 2015
The SEC announceda settlement with two UBS advisory firms for failing to disclose a change in the...
forum-news-feed/forum-etfs;forum-news-feed/forum-regulatory-news
October 19, 2015
SEC Commissioner Luis Aguilar urged a review of ETFs in a recent speech to the SEC’s Investor...
forum-news-feed/forum-valuation
October 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-news
October 14, 2015
According to the Wall Street Journal, the SEC is “quietly” reducing its use of administrative...
forum-news-feed/forum-regulatory-news
October 13, 2015
In a forthcoming article in the Cornell Law Review, Urska Velikonja argues that the SEC’s...
forum-news-feed/forum-regulatory-news
October 9, 2015
In explaining the need for its recent released liquidity proposal, the SEC relied heavily on...
forum-news-feed/forum-regulatory-news
October 8, 2015
The SEC’s new liquidity proposal would allow open-end funds (other than ETFs and money-market...
forum-news-feed/forum-regulatory-news
October 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-news
October 5, 2015
In a speech commemorating the 75th anniversary of the Investment Company and Investment Advisers Acts,...
forum-news-feed/forum-regulatory-news
October 2, 2015
The SEC recently issued two proposals to amend the rules that govern its administrative...
forum-news-feed/forum-valuation
October 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
September 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-news
September 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-trading
September 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-news
September 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-trading
September 24, 2015
Dick Grasso, the former CEO and a 35-year veteran of the NYSE, recently suggestedthat the U.S....
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
September 23, 2015
The SEC yesterday issued a proposal to address liquidity management in open-end funds. The...
forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-news
September 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-trading
September 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-news
September 18, 2015
Earlier this week, the SEC voted to adopt rule amendments eliminating references to credit ratings...
forum-news-feed/forum-regulatory-news
September 17, 2015
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a risk alert this week...
forum-news-feed/forum-regulatory-news
September 16, 2015
In a recent speech, CFTC Chair Tim Massad laid out the agency’s priorities. Massad highlighted the...
forum-news-feed/forum-regulatory-news
September 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-trading
September 14, 2015
Additional details are coming to light regarding the pricing issues recently experienced by BNY...
forum-news-feed/forum-regulatory-news
September 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-trading
September 10, 2015
In April 2004, the SEC implemented a requirement for funds to disclose the level of ownership of...
forum-news-feed/forum-regulatory-news
September 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-trading
September 8, 2015
Market volatility over the past two weeks is prompting calls for a review of several rules...
forum-news-feed/forum-other-oversight
September 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-news
September 3, 2015
The National Society of Compliance Professionals recently submitted a letter to SEC Director of...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
September 2, 2015
Last week a federal district court judge dismissed a suit alleging that several exchanges and a dark...
forum-news-feed/forum-shareholder-disclosure
September 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-trading
August 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-valuation
August 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-voting
August 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-distribution
August 25, 2015
A new reportshows that average fund expenses in 401(k) plans are continuing a downward trend. The...
forum-news-feed/forum-other-oversight/forum-distribution
August 24, 2015
A new study suggests the presence of bias in the investment options offered to 401(k) plan...
August 21, 2015
Morningstar recently announcedthat it will add a new environmental, social, and governance rating to its...
forum-news-feed/forum-regulatory-news
August 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-news
August 19, 2015
The SEC settled charges with ITG last week that the company “operated a secret trading desk and...
forum-news-feed/forum-regulatory-news
August 18, 2015
A federal court in New York last week found that the SEC’s process for appointing administrative...
forum-news-feed/forum-regulatory-news
August 17, 2015
Last week, the Forum submitted a comment letter to the SEC regarding proposed amendments to certain...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
August 14, 2015
Norges Bank Investment Management, the manager of the $880 billion Government Pension Fund of...
forum-news-feed/forum-regulatory-news
August 13, 2015
Commissioner Luis Aguilar released a statement this week urging the Commission to take care to be...
forum-news-feed/forum-other-oversight/forum-distribution;forum-news-feed/forum-regulatory-news
August 12, 2015
The Department of Labor this week is holding a series of hearings to discuss its fiduciary rule...
forum-news-feed/forum-advisory-contracts
August 11, 2015
The Seventh Circuit Court of Appeals recently added the likely final chapter in the Jones v....
forum-news-feed/forum-regulatory-news
August 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-news
August 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-news
August 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-valuation
August 5, 2015
PIMCO announced Monday that it received a Wells Notice from the staff of the SEC regarding its...
forum-news-feed/forum-regulatory-news
August 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-news
August 3, 2015
SEC Commissioner Luis Aguilar in a recent statement called for the SEC to spearhead an...
forum-news-feed/forum-regulatory-news
July 31, 2015
The DOL is facing continued scrutiny of its fiduciary rule proposal, and after receiving 825...
forum-news-feed/forum-regulatory-news
July 30, 2015
Agencies involved with the implementation of the Volcker Rule recently released guidance relating to...
July 29, 2015
Earlier this year, the 9th circuit ruled that directors can be sued directly by shareholders for an...
forum-news-feed/forum-other-oversight/forum-fixed-income-funds;forum-news-feed/forum-other-oversight/forum-portfolio-trading
July 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-trading
July 27, 2015
NASDAQ and NYSE announced a plan to “create a more resilient market by providing an additional...
forum-news-feed/forum-regulatory-news
July 24, 2015
SEC Chair Mary Jo White marked the five year anniversary of the Dodd-Frank Act last week with a...
forum-news-feed/forum-regulatory-news
July 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
July 22, 2015
In July 2014 the Securities and Exchange Commission adopted amendments to its money market fund...
forum-news-feed/forum-risk
July 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-news
July 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-news
July 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-news
July 16, 2015
Massachusetts Secretary of the Commonwealth William Gavin announced that he has launched an...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
July 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-audit
July 14, 2015
The SEC issued a concept release last week seeking comment on audit committee disclosures. The...
forum-news-feed/forum-accounting-and-audit
July 13, 2015
The PCAOB issued a concept release requesting comment on audit quality indicators (AQIs) last...
forum-news-feed/forum-regulatory-news
July 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-news
July 8, 2015
In a recent public statement, Commissioner Daniel Gallagher continued his call for “the...
forum-news-feed/forum-other-oversight/forum-portfolio-trading
July 7, 2015
A financial industry consortium recently announced a timeline for a proposed move to a two-day...
forum-news-feed/forum-board-governance
July 6, 2015
Morningstar recently released its second annual U.S. Mutual Fund Industry Stewardship Survey. The...
forum-news-feed/forum-accounting-and-audit
July 2, 2015
The SEC yesterday fined Deloitte & Touche after concluding that a business relationship between a...
forum-news-feed/forum-money-market-funds
July 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-voting
June 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-reference
June 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-news
June 26, 2015
The SEC’s Office of Compliance Inspection and Examinations announced a multi-year initiative...
forum-news-feed/forum-advisory-contracts
June 25, 2015
This week the board of the closed-end Vertical Capital Income Fund announced that it had fired the...
forum-news-feed/forum-regulatory-news
June 24, 2015
The International Organization of Securities Commissions (IOSCO) indicated last week that it would adopt...
forum-news-feed/forum-regulatory-news
June 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...
forum-news-feed/forum-legislative-news;forum-news-feed/forum-regulatory-news
June 19, 2015
Six former SEC chairs defended current SEC Chair Mary Jo White in the face of criticism from Senator...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
June 18, 2015
The SEC announced yesterday that it had settled charges against an investment adviser and board...
forum-news-feed/forum-regulatory-news
June 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
June 16, 2015
The SEC’s securities lending sweep, the Dodd-Frank Act, and other regulatory developments have all...
forum-news-feed/forum-etfs
June 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-news
June 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-news
June 11, 2015
A real estate developer fighting an administrative proceeding by the SEC scored an early victory...
forum-news-feed/forum-legislative-news
June 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-trading
June 9, 2015
A new article from Morningstar highlights the small number of women serving as portfolio managers....
forum-news-feed/forum-regulatory-news
June 8, 2015
Several commenters urged the Financial Stability Board to rethink the approach outlined in its...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting
June 5, 2015
Jonathan Macey, a Yale law professor, and David Swensen, Yale’s Chief Investment Officer,...
forum-news-feed/forum-regulatory-news
June 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-news
June 2, 2015
In a letter to Treasury Secretary Jack Lew, Representative Jeb Hensarling, Chair of the House...
forum-news-feed/forum-regulatory-news
May 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
May 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-oversight
May 21, 2015
A new study from Morningstar shows that expense ratios are dropping. The study shows that...
forum-news-feed/forum-legislative-news
May 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-trading
May 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-valuation
May 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-news
May 15, 2015
Last week, the SEC approved a proposal with modifications for a two-year program to study the...
forum-news-feed/forum-regulatory-news
May 14, 2015
Last week, the SEC released guidance detailing the Division of Enforcement’s approach in selecting a forum...
forum-news-feed/forum-regulatory-news
May 13, 2015
SEC Commissioner Dan Gallagher will soon resign, according to a report from Bloomberg. The article...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending
May 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
May 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-distribution
May 8, 2015
ETFs are seeing significant growth vis-à-vis mutual funds, according to new data from Broadridge...
forum-news-feed/forum-regulatory-news
May 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-derivatives
May 6, 2015
In a recent article for FINalternatives, Forum President and CEO Susan Wyderko, reminds advisers...
forum-news-feed/forum-regulatory-news
May 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-trading
May 1, 2015
A new report from Norges Bank Investment Management, an asset manager responsible for managing the...
forum-news-feed/forum-regulatory-news
April 30, 2015
The Volcker Alliance, an organization launched in 2013 by former Fed Chair Paul Volcker, released...
forum-news-feed/forum-regulatory-news
April 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-news
April 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
April 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-derivatives
April 24, 2015
Dechert’s Financial Services group is hosting a Global Alternative Funds Symposium on Wednesday,...
newsroom/valuation;forum-news-feed/forum-regulatory-news
April 23, 2015
The SEC released a two-question set of Frequently Asked Questions related to the valuation...
forum-news-feed/forum-regulatory-news
April 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-news
April 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-risk
April 20, 2015
The latest version of the International Monetary Fund’s Global Financial Stability Report includes a...
forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-oversight-of-cco;forum-news-feed/forum-news-and-events
April 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-news
April 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-news
April 15, 2015
Jay Baris and Andrew Donohue review the 75-year history of investment company and investment...
forum-news-feed/forum-valuation
April 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-risk
April 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-news
April 10, 2015
The Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing on “FSOC...
forum-news-feed/forum-regulatory-news
April 9, 2015
SEC Chair Mary Jo White recently suggested that the Comission should “implement a uniform fiduciary...
forum-news-feed/forum-regulatory-news
April 8, 2015
In a recent speech, SEC Commissioner Luis Aguilar reflected on his tenure and offered some...
forum-news-feed/forum-regulatory-news
April 7, 2015
The SEC’s chief economist, Mark Flannery, suggested in recent remarks that by taking a narrow view and...
forum-news-feed/forum-etfs
April 6, 2015
Morgan Stanley Wealth Management plans to sell data regarding ETF sales by its financial advisers...
forum-news-feed/forum-etfs
April 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-trading
April 2, 2015
A new article from Morningstar’s Russel Kinnel suggests that the greater the portfolio manager’s...
forum-news-feed/forum-regulatory-news
April 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
March 31, 2015
At 2pm EST tomorrow, the Forum will host a webinar exploring recent asset flow and performance...
March 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-news
March 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-news
March 26, 2015
The SEC plans to launch a second round of cybersecurity exams this summer, according to...
forum-news-feed/forum-regulatory-news
March 25, 2015
In How Foreigners Became America’s Financial Regulators, a provocatively-titled piece for the...
forum-news-feed/forum-etfs
March 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-news
March 23, 2015
On Wednesday, an SEC administrative judge found that Charles Yancey of Penson Financial Services “did...
forum-news-feed/forum-regulatory-news
March 20, 2015
In a recent speech, SEC Commissioner Michael Piwowar identified the irony that prudential...
forum-news-feed/forum-regulatory-news
March 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-trading
March 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-funds
March 16, 2015
A new survey of money market fund managers and institutional investors conducted by Citigroup...
forum-news-feed/forum-legislative-news
March 13, 2015
Representative Stephen Lynch (MA-08) introduced a bill recently that would have the SEC conduct a...
forum-news-feed/forum-regulatory-news
March 12, 2015
The Financial Stability Board, in consultation with the International Organization of Securities...
forum-news-feed/forum-regulatory-news
March 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-news
March 10, 2015
The SEC recently approved a rule change for NASDAQ that would allow for the listing of “paired...
forum-news-feed/forum-regulatory-news
March 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-trading
March 6, 2015
A new report from the Tabb Group examines challenges in the fixed income markets. The report...
forum-news-feed/forum-regulatory-news
March 5, 2015
SEC Commissioner Dan Gallagher recently highlighted the aggregate impact of post Dodd-Frank...
forum-news-feed/forum-board-governance
March 4, 2015
Sullivan & Cromwell highlights some potential legal issues with the prominent use of electronic board...
forum-news-feed/forum-regulatory-news
March 3, 2015
New York’s Attorney General, Eric Schneiderman, is asking the New York legislature to implement a...
forum-news-feed/forum-regulatory-news
March 2, 2015
The Division of Investment Management released guidance recently regarding the acceptance of gifts...
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-news
February 27, 2015
The Federal Reserve Board’s most recent semi-annual Monetary Policy Report raises old concerns...
forum-news-feed/forum-regulatory-news
February 26, 2015
SEC Commissioner Michael Piwowar offered several criticisms the SEC in a recent speech at SEC...
forum-news-feed/forum-shareholder-disclosure
February 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-trading
February 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-risk
February 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-news
February 19, 2015
Water Island Capital, an adviser to several alternative funds, agreed to pay $50,000 to settle SEC...
forum-news-feed/forum-regulatory-news
February 18, 2015
SEC Commissioners Gallagher and Piwowar recently issued a dissent to the SEC’s rulemaking process...
forum-news-feed/forum-regulatory-news
February 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-disclosure
February 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-news
February 12, 2015
The SEC recently announced that it will hold a roundtable on February 19 “to explore ways to...
forum-news-feed/forum-regulatory-news
February 11, 2015
In a recent speech, Federal Reserve Governor Dan Tarullo identified liquidity and redemption...
forum-news-feed/forum-regulatory-news
February 10, 2015
In a recent speech, CFTC Commissioner J. Christopher Giancarlo criticized the CFTC’s swaps...
forum-news-feed/forum-regulatory-news
February 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-trading
February 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-news
February 4, 2015
SEC Chair Mary Jo White directed SEC staff to review Rule 14a-8(i)(9) of the Exchange Act, which...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading
February 3, 2015
A group of asset managers recently announced the creation of Luminex Trading & Analytics, a dark...
forum-news-feed/forum-regulatory-news
February 2, 2015
MetLife filed suit recently to challenge the FSOC’s designation of the company as a nonbank SIFI....
forum-news-feed/forum-regulatory-news
January 30, 2015
At an open meeting last week, the Financial Stability Oversight Council (FSOC) discussed changes...
forum-news-feed/forum-regulatory-news
January 29, 2015
The SEC recently announced that it has formed an Equity Market Structure Advisory Committee in...
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-news
January 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
January 26, 2015
In a Forum webinar tomorrow, Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the...
forum-news-feed/forum-etfs
January 23, 2015
Precidian Investments filed a revised exemptive application with the SEC that, if granted, would...
forum-news-feed/forum-regulatory-news
January 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-news
January 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-news
January 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-news
January 16, 2015
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination...
forum-news-feed/forum-etfs
January 15, 2015
Recent research released by the Federal Reserve Board finds that leveraged ETFs pose much less of a...
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-derivatives
January 13, 2015
Earlier this week, FINRA released its annual Regulatory and Examinations Priorities Letter, where it...
forum-news-feed/forum-news-and-events
January 12, 2015
Given the challenges and complexity of managing financial intermediaries, intermediary oversight...
forum-news-feed/forum-money-market-funds
January 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...
January 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-news
January 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-news
January 5, 2015
A new paper co-authored by current SEC Commissioner Dan Gallagher and former SEC Commissioner...
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-trading
December 19, 2014
A new study finds that active mutual funds that trade more outperform. The researchers reviewed a...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading
December 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-trading
December 17, 2014
New research indicates that loss averse mutual fund managers garner lower returns and are more...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-securities-lending;forum-news-feed/forum-regulatory-news
December 16, 2014
In a recent speech, SEC Chair Mary Jo White focused on the asset management industry, remarking that...
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-funds
December 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...
forum-news-feed/forum-regulatory-news
December 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-trading
December 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-news
December 5, 2014
According to Bloomberg, the SEC is drafting new rules addressing “hard-to-sell assets” and the use...
forum-news-feed/forum-money-market-funds
December 4, 2014
To avoid complying with the money market reforms adopted by the SEC in July, some asset managers...
forum-news-feed/forum-legislative-news
December 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-voting
December 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...
forum-news-feed/forum-regulatory-news
November 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...
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-news
November 19, 2014
Norm Champ, Director of the SEC’S Division of Investment Management, highlighted potential issues...
forum-news-feed/forum-regulatory-news
November 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-distribution
November 17, 2014
Morningstar’s Kevin McDevitt writes that, while convenient, no-transaction fee (NTF) platforms, such as...
forum-news-feed/forum-regulatory-news
November 14, 2014
FSOC staff met with representatives from thirteen industry groups this week as part of “ongoing...
forum-news-feed/forum-regulatory-news
November 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-news
October 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-news
October 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...
forum-news-feed/forum-regulatory-news
October 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-risk
October 20, 2014
The SEC plans to ramp up enforcement actions against dark pools according to Bloomberg. According...
forum-news-feed/forum-regulatory-news
October 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-funds
October 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 asset...
forum-news-feed/forum-regulatory-news
October 6, 2014
In a recent speech, SEC Commissioner Michael Piwowar questioned the utility of requiring a...
forum-news-feed/forum-money-market-funds
October 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...
forum-news-feed/forum-regulatory-news
October 1, 2014
The Financial Stability Oversight Council last week posted a new set of frequently asked questions...
forum-news-feed/forum-reference
September 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...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading
September 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...
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...
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-news
September 11, 2014
As the FSOC continues its focus on the asset management industry – potentially changing its focus...
forum-news-feed/forum-regulatory-news
September 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-oversight
September 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-news
September 3, 2014
The SEC’s Division of Investment Management granted no-action relief to a fund seeking to alter a fee...
forum-news-feed/forum-regulatory-news
September 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-news
August 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-news
August 28, 2014
The SEC yesterday finalized rules proposed in May 2011 intended to reform nationally recognized...
forum-news-feed/forum-risk
August 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-news
August 25, 2014
Several news sources recently obtained an internal report by the SEC’s Office of the Inspector...
forum-news-feed/forum-money-market-funds
August 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-derivatives
August 20, 2014
The SEC has launched a sweep focusing on “alternative investment strategies,” according to the...
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-voting
August 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-news
August 13, 2014
The Municipal Securities Rulemaking Board recently announced the release of the MSRB Education...
forum-news-feed/forum-regulatory-news
August 12, 2014
The state republican parties of New York and Tennessee filedsuit last week against the SEC,...
forum-news-feed/forum-etfs
August 11, 2014
Morningstar’s John Rekenthaler pondered the question “[d]o active funds have a future?” and came...
forum-news-feed/forum-board-governance;forum-news-feed/forum-board-governance/forum-d-o-insurance;forum-news-feed/forum-reference
August 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-reference
August 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-reference
August 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-reference
August 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-reference
August 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-reference
July 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-reference
July 30, 2014
The SEC’s Director of the Division of Investment Management, Norm Champ, recently spoke at the...
forum-news-feed/forum-reference
July 29, 2014
In a recent speech, Treasury Secretary Jack Lew called on the financial sector to step up efforts on...
forum-news-feed/forum-reference
July 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-reference
July 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-reference
July 24, 2014
Yesterday, the Securities and Exchange Commission finally reached a conclusion on how it would...
forum-news-feed/forum-reference
July 23, 2014
A preliminary version of next year’s Securities and Exchange Commission examination priorities...
forum-news-feed/forum-reference
July 22, 2014
In Halliburton v. Erica P. John Fund, the Supreme Court upheld its previous ruling that...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
July 21, 2014
The SEC recently ordered the national securities exchanges and FINRA to develop a pilot program...
forum-news-feed/forum-reference
July 18, 2014
The Securities and Exchange Commission will hold an open meeting on July 23 to consider whether to...
forum-news-feed/forum-regulatory-news
July 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-trading
July 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-disclosure
July 15, 2014
The paper Optimal Disclosure When Some Information is Soft, describes the authors’ belief that current...
forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news
July 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-news
July 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-trading
July 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-risk
July 7, 2014
In his opening statement at the House Financial Services Committee’s hearing “The Annual Report of the...
forum-news-feed/forum-board-governance;forum-news-feed/forum-regulatory-news
July 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-news
June 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-news
June 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-news
June 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-news
June 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-risk
June 17, 2014
The Chief Economist of the Bank of England, Andrew Haldane, recently gave an address entitled “The age of...
forum-news-feed/forum-regulatory-news
June 16, 2014
In a recent speech at the NYC Bar Association’s Third Annual White Collar Crime Institute, SEC...
forum-news-feed/forum-regulatory-news
June 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
June 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-news
June 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-news
June 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-news
June 5, 2014
Director of the SEC’s Division of Enforcement, Andrew Ceresney, recently gave a speech outlining...
June 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-governance
June 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-news
June 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-risk
May 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-risk
May 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-risk
May 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-risk
May 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-risk
May 21, 2014
SEC Commissioner Gallagher recently took an unusual step for an SEC Commissioner by submitting...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
May 20, 2014
Sub-committee chairs from the House Financial Services Committee sent a letter to several members...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
May 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-risk
May 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-news
May 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-news
May 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-trading
May 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-trading
May 7, 2014
Last week, the New York Stock Exchange, two affiliated exchanges and its affiliated routing broker agreed...
forum-news-feed/forum-regulatory-news
May 6, 2014
SEC Commissioner Kara Stein dissented from Commission’s decision to overturn the automatic...
forum-news-feed/forum-regulatory-news
May 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
May 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-risk
April 30, 2014
Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, recently contributed a blog...
forum-news-feed/forum-regulatory-news
April 29, 2014
Gregg Berman, Associate Director of the Office of Analytics and Research in the SEC’s Division of...
forum-news-feed/forum-other-oversight
April 28, 2014
Morningstar has released its 2014 Stewardship Survey, which provides both “Parent Ratings” and...
forum-news-feed/forum-regulatory-news
April 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-news
April 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-news
April 22, 2014
In a speech at the Mutual Fund Directors Forum’s annual Policy Conference, SEC Commissioner...
forum-news-feed/forum-regulatory-news;forum-news-feed/forum-risk
April 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-risk
April 17, 2014
The ICI recently submitted comments to the Financial Stability Board (FSB) on its proposed...
forum-news-feed/forum-regulatory-news
April 16, 2014
In a recent speech, the SEC’s Deputy Director of the Division of Investment Management, David...
forum-news-feed/forum-reference
April 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. ...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-portfolio-trading;forum-news-feed/forum-regulatory-news
April 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
April 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-news
April 8, 2014
As we reported last Fall, reaction to an OFR report suggesting that the asset management industry...
forum-news-feed/forum-regulatory-news
April 7, 2014
In a recent speech, SEC Chair Mary Jo White reiterated her commitment to enforcement as a...
forum-news-feed/forum-other-oversight
April 3, 2014
A new academic paper examines the effects of team portfolio management on fund performance. The paper...
forum-news-feed/forum-reference
April 2, 2014
A survey by the FINRA Investor Education Foundation found that millenials (those born between 1978...
forum-news-feed/forum-regulatory-news
April 1, 2014
On March 28, the FSOC announced that it would host a conference on the “asset management industry and its...
forum-news-feed/forum-reference
March 31, 2014
A recent Dechert article summarizes recent fund industry litigation. The article notes that due to...
forum-news-feed/forum-reference
March 27, 2014
A recent survey by the Employee Benefit Research Institute studied the response of defined...
forum-news-feed/forum-risk
March 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-funds
March 25, 2014
Yesterday, the SEC staff published certain analyses conducted by the SEC’s Division of Economic and...
forum-news-feed/forum-reference
March 24, 2014
A recent paper, Scale and Skill in Active Management, finds that as the mutual fund industry...
forum-news-feed/forum-regulatory-news
March 20, 2014
In his keynote address at the Mutual Fund and Investment Management Conference, Director of the SEC’s...
forum-news-feed/forum-reference
March 19, 2014
In his remarks at the Mutual Fund and Investment Management Conference, ICI President and CEO Paul...
forum-news-feed/forum-regulatory-news
March 18, 2014
SEC Commissioner Daniel Gallagher directed his speech at PLI’s 2014 SEC Speaks conference directly...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
March 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
March 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-news
March 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...
forum-news-feed/forum-board-governance
March 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-news
March 6, 2014
In a recent IM Guidance Update, the staff of the SEC’s Division of Investment Management...
forum-news-feed/forum-reference
March 5, 2014
In late February, the Supreme Court addressed the ability of the victims of securities fraud to bring...
forum-news-feed/forum-regulatory-news
March 4, 2014
In her first speech as a commissioner at SEC Speaks, Commissioner Stein discussed the SEC’s...
forum-news-feed/forum-regulatory-news
March 3, 2014
In a recent speech, SEC Commissioner Aguilar called for the public and private sectors to work...
forum-news-feed/forum-regulatory-news
February 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-news
February 26, 2014
In a recent speech FINRA Chairman and CEO, Richard Ketchum, discussed the steps FINRA is taking to...
forum-news-feed/forum-regulatory-news
February 25, 2014
The SEC recently announced plans to hold a cybersecurity roundtable at its DC headquarters on...
forum-news-feed/forum-reference
February 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-news
February 20, 2014
In early February, BATS Global Markets, Inc. (BATS) and FINRA announced an agreement to provide FINRA...
forum-news-feed/forum-other-oversight
February 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-news
February 18, 2014
SEC Commissioner Stein discussed market structure issues in a recent speech. She provided an...
forum-news-feed/forum-regulatory-news
February 17, 2014
In a recent paper, John Coates, a professor at Harvard Law School, questions the benefit of...
forum-news-feed/forum-regulatory-news
February 13, 2014
The SEC recently released its strategic plan for 2014-2018. The document outlines the agency’s...
forum-news-feed/forum-regulatory-news
February 12, 2014
In a recent speech, SEC Commissioner Aguilar addressed the need to protect retirees. He cited a...
February 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-news
February 10, 2014
The SEC recently charged Mark Grimaldi, a money manager, and Navigator Money Management (NMM), for...
forum-news-feed/forum-accounting-and-audit;forum-news-feed/forum-regulatory-news
February 7, 2014
According to a Wall Street Journal report, the Public Company Accounting Oversight Board...
forum-news-feed/forum-legislative-news
February 6, 2014
In a letter to Treasury Secretary Jacob Lew dated January 23, 2014, five Senators expressed their...
forum-news-feed/forum-board-governance
February 5, 2014
Information gaps between management and a board, known as “information asymmetry,” can pose a risk to...
forum-news-feed/forum-accounting-and-audit
February 4, 2014
KPMG’s Audit Committee Institute surveyed audit committee members from more than 34 countries to...
forum-news-feed/forum-reference
February 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-news
January 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-news
January 29, 2014
In a speech at the 41st Annual Securities Regulation Institute, SEC Chair Mary Jo White discussed...
forum-news-feed/forum-legislative-news
January 28, 2014
In a letter to the Secretary of Labor, 30 members of the New Democrat Coalition expressed concern...
forum-news-feed/forum-regulatory-news
January 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-derivatives
January 23, 2014
Today, the Mutual Fund Directors Forum released Board Oversight of Alternative Investments, in...
forum-news-feed/forum-regulatory-news
January 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-risk
January 21, 2014
Recently, the staff of the SEC’s Division of Investment Management issued guidance suggesting...
forum-news-feed/forum-accounting-and-audit
January 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-audit
January 16, 2014
In December 2013, the Chief Accountant of the Securities and Exchange Commission, Paul Beswick,...
forum-news-feed/forum-reference
January 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-reference
January 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-news
January 13, 2014
The SEC has released a list of its examination priorities for 2014, covering areas the SEC staff...
forum-news-feed/forum-board-governance
January 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-news
January 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-news
January 8, 2014
The SEC recently held a Proxy Advisory Services Roundtable with a two part agenda. The first part of...
forum-news-feed/forum-regulatory-news
January 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-reference
January 6, 2014
Recent Merrill Lynch research found, that while gender differences among investors exist, that...
forum-news-feed/forum-advisory-contracts
December 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-news
December 19, 2013
On December 17, the SEC announced that its 2013 enforcement program resulted in a record $3.4...
forum-news-feed/forum-regulatory-news
December 18, 2013
In a December 9 speech at the 2013 ICI Global Trading and Market Structure Conference in London,...
forum-news-feed/forum-accounting-and-audit
December 17, 2013
KPMG has published a list of Audit Committee priorities for 2014, highlighting issues that firm...
forum-news-feed/forum-regulatory-news
December 16, 2013
On November 22, SEC Commissioner Michael Piwowar gave a speech before the Los Angeles County Bar...
forum-news-feed/forum-regulatory-news
December 12, 2013
Earlier this week, the SEC and the other financial regulators issued final rules implementing the...
forum-news-feed/forum-regulatory-news
December 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-news
December 10, 2013
U.S. Treasury Secretary Jacob L. Lew, in a recent speech to the Pew Charitable Trusts Foundation, provided...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news;forum-news-feed/forum-valuation
December 9, 2013
The SEC’s Director of the Division of Investment Management, Norm Champ, discussed the role of...
forum-news-feed/forum-regulatory-news
December 5, 2013
On November 21, 2013, the SEC’s Office of Credit Ratings submitted its Credit Rating Independence Study...
forum-news-feed/forum-closed-end-funds
December 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-news
December 3, 2013
Last week, the SEC charged Ambassador Capital Management and Derek Oglesby for repeatedly making...
forum-news-feed/forum-accounting-and-audit
December 2, 2013
A group organized by the Center for Audit Quality has released a “Call to Action” designed to...
forum-news-feed/forum-reference
November 26, 2013
High profile District Court Judge Jed Rakoff recently gave a speech in which he explored theories on...
forum-news-feed/forum-regulatory-news
November 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-news
November 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-disclosure
November 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
November 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-news
November 18, 2013
The CFTC recently proposed new regulations to set position limits for derivatives as required by...
forum-news-feed/forum-regulatory-news
November 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-news
November 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-news
November 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
November 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-news
November 7, 2013
The CFTC recently issued final rules requiring future commission merchants (“FCM”) to adopt risk...
forum-news-feed/forum-regulatory-news
November 6, 2013
In a recent speech, SEC Commissioner Daniel Gallagher discussed the need for the agency to set...
forum-news-feed/forum-money-market-funds
November 5, 2013
A recent survey of corporate treasurers indicated that companies investing in money market funds...
forum-news-feed/forum-regulatory-news
November 4, 2013
On October 29, the CFTC issued an order settling charges that the agency brought against...
forum-news-feed/forum-legislative-news
October 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-events
October 30, 2013
On October 30, the Forum published Practical Guidance for Fund Boards: Board Governance and Review of...
forum-news-feed/forum-reference
October 29, 2013
An October 2013 paper, Equivalent Cost for Equivalent Benefits: Primary DC Plans in the Public...
forum-news-feed/forum-regulatory-news
October 28, 2013
Six federal financial regulatory agencies, including the SEC, have proposed joint standards for...
forum-news-feed/forum-regulatory-news
October 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-events
October 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-news
October 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-news
October 21, 2013
A recent survey by BDO, USA LLP found that more than two-thirds of corporate directors surveyed...
forum-news-feed/forum-regulatory-news
October 15, 2013
Since the US Government shutdown on October 1, the Securities and Exchange Commission has been...
forum-news-feed/forum-regulatory-news
October 10, 2013
SEC Chair Mary Jo White continued to highlight the agency’s enforcement priorities programs during her...
newsroom/board-governance/self-evaluation
October 9, 2013
In her latest column, Weil, Gotshal & Manges partner Holly J. Gregory examines the role of board...
forum-news-feed/forum-news-and-events
October 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-derivatives
October 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-risk
October 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-news
September 30, 2013
In September 2013, Senators Toomey (R-PA) and Manchin (D-WV) introduced a bill to prevent the...
forum-news-feed/forum-regulatory-news
September 26, 2013
In remarks given at a recent conference, SEC Chair Mary Jo White emphasized how she believes a...
forum-news-feed/forum-valuation
September 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-leadership
September 23, 2013
In its 11th annual corporate governance report, Shearman & Sterling surveyed 100 of the largest US public...
forum-news-feed/forum-regulatory-news
September 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-news
September 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-news
September 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-risk
September 12, 2013
The SEC’s Office of Compliance Inspections and Examinations has released an risk alert on business...
forum-news-feed/forum-valuation
September 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-news
September 3, 2013
On August 28, BlackRock won the dismissal of a lawsuit that accused the company of collecting...
forum-news-feed/forum-regulatory-news
August 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
August 26, 2013
Earlier this month, the CFTC issued a final rule on harmonizing compliance obligations for funds...
forum-news-feed/forum-regulatory-news
August 23, 2013
After yesterday’s Nasdaq trading outage, the SEC Chair Mary Jo White released a statementsaying...
forum-news-feed/forum-advisory-contracts;forum-news-feed/forum-regulatory-news
August 22, 2013
On August 21, the SEC announced charges against Chariot Advisors LLC and Elliot L. Shifman, former owner...
forum-news-feed/forum-etfs
August 20, 2013
The growth of ETFs in recent years has been nothing short of spectacular, with total assets in...
forum-news-feed/forum-regulatory-news
August 19, 2013
The Securities and Exchange Commission announced that two newly confirmed commissioners have now...
forum-news-feed/forum-accounting-and-audit
August 15, 2013
The Public Company Accounting Oversight Board has released for public comment a new auditing...
forum-news-feed/forum-regulatory-news
August 13, 2013
The Commodity Futures Trading Commission issued a final rule today regarding compliance...
forum-news-feed/forum-money-market-funds
August 13, 2013
Treasury Strategies, a consulting firm, has recently launched a free online calculator to enable...
forum-news-feed/forum-regulatory-news
August 12, 2013
An appeals court has affirmed a ruling in a class action case dismissing an excessive-401(k)-fee...
forum-news-feed/forum-risk
August 9, 2013
A Deloitte survey released in July 2013, entitled Global Risk Management Survey, explores the...
forum-news-feed/forum-money-market-funds;forum-news-feed/forum-risk;member-resources/member-fund-types/member-money-market-funds
August 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-news
August 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-news
August 2, 2013
The Association for Financial Professionals (AFP) has issued its 2013 Liquidity Survey, which...
forum-news-feed/forum-board-governance
August 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-news
July 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-funds
July 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-insurance
July 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-news
July 26, 2013
On June 12, 2013, the SEC formally announced its second whistleblower award to three individuals. While...
forum-news-feed/forum-regulatory-news
July 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-disclosure
July 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-funds
July 22, 2013
The SEC’s Division of Investment Management recently issued a guidance focusing on money market...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
July 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-news
July 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-valuation
July 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
July 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-disclosure
July 16, 2013
During the Society of Corporate Secretaries & Governance Professionals’ National Conference on...
forum-news-feed/forum-regulatory-news
July 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-news
July 11, 2013
On July 2, the U.S. Securities and Exchange Commission announced three new initiatives designed to...
forum-news-feed/forum-regulatory-news
July 10, 2013
With the steady rise in use of social media in the fund industry, FINRA enacted two new...
forum-news-feed/forum-regulatory-news
July 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-news
July 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-cco
July 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-leadership
July 1, 2013
The GovernanceMetrics International’s 2013 GMI Ratings Women on Boards survey indicate that...
forum-news-feed/forum-regulatory-news
June 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-news
June 27, 2013
Earlier this month, Norm Champ, director of Investment Management Division at SEC, stated that the...
forum-news-feed/forum-regulatory-news
June 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-funds
June 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-news
June 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-funds
June 18, 2013
The SEC’s recent proposal for the money market fund reform should be the subject of House hearing...
forum-news-feed/forum-valuation
June 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-valuation
June 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-news
June 11, 2013
As we and others have noted, investors are increasingly moving assets into funds offering...
forum-news-feed/forum-regulatory-news
June 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-news
June 6, 2013
Yesterday, the Securities and Exchange Commission unanimously voted to propose structural reforms...
forum-news-feed/forum-valuation
June 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-news
June 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-news
May 30, 2013
The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, June 5 to consider...
forum-news-feed/forum-regulatory-news
May 29, 2013
In a somewhat unusual public statement, Commissioner Troy Paredes congratulated Michael Piwowar...
forum-news-feed/forum-regulatory-news
May 24, 2013
President Barack Obama has nominated Kara Stein and Michael Piwowar to serve as commissioners of the...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting
May 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-voting
May 23, 2013
The influence of proxy vendors is waning, according to a Wall Street Journal article. Firms like...
forum-news-feed/forum-money-market-funds
May 21, 2013
In advance of anticipated SEC rule changes that would require institutional money market funds to...
forum-news-feed/forum-regulatory-news
May 20, 2013
The Supreme Court agreed to consider whether the Sarbanes-Oxley Act whistleblower protections...
forum-news-feed/forum-regulatory-news
May 17, 2013
SEC Chairman Mary Jo White testified in front of the House Financial Services Committee yesterday. In...
forum-news-feed/forum-money-market-funds
May 14, 2013
Moody’s analysts are predicting that the money market fund reform proposal being considered by the SEC...
forum-news-feed/forum-regulatory-news
May 14, 2013
The House of Representatives is expected to vote soon on legislation that would impose additional...
forum-news-feed/forum-money-market-funds
May 10, 2013
Details on the draft money market fund proposal being considered by the SEC are starting to...
forum-news-feed/forum-regulatory-news
May 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-news
May 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-funds
May 8, 2013
News outlets are reporting that the SEC staff has internally circulated a 500-page draft rule that would...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
May 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-funds
May 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-governance
May 2, 2013
The Northern Lights fund trustees have settled SEC charges regarding materially untrue or...
forum-news-feed/forum-money-market-funds
May 1, 2013
A recent Journal of Finance article evaluated how successful the Asset-Backed Commercial Paper...
forum-news-feed/forum-money-market-funds
April 26, 2013
The FSOC’s 2013 Annual Report states that the council will not issue final recommendations on...
forum-news-feed/forum-reference
April 25, 2013
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
forum-news-feed/forum-reference
April 25, 2013
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
forum-news-feed/forum-etfs
April 24, 2013
In an interview with Reuters, SEC Investment Management Division Director Norm Champ discussed...
forum-news-feed/forum-regulatory-news
April 23, 2013
Legislation intended to let states collect sales taxes on online sales transactions could also...
forum-news-feed/forum-regulatory-news
April 23, 2013
New legislation introduced by Congresswoman Maxine Waters, Ranking Member of the House Financial...
forum-news-feed/forum-regulatory-news
April 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-cco
April 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-funds
April 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-leadership
April 17, 2013
Boardmember.com recently published an interesting article on how boards can assess and increase...
forum-news-feed/forum-shareholder-disclosure
April 16, 2013
The SEC’s Investment Advisory Committee has recommended five changes to the proposed rule on...
forum-news-feed/forum-other-oversight
April 15, 2013
The SEC and the CFTC have jointly adopted rules requiring certain entities, including investment...
forum-news-feed/forum-money-market-funds
April 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-news
April 10, 2013
A recent Wall Street Journal article asked four mutual fund and investing experts: What do you...
forum-news-feed/forum-regulatory-news
April 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-audit
April 8, 2013
The Center for Audit Quality has released a new video, “Fighting Fraud,” that addresses how...
forum-news-feed/forum-regulatory-news
April 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-events
April 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-derivatives
April 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-oversight
April 1, 2013
Portfolio manager turnover often raises a red flag to investors, but sometimes can actually be a...
forum-news-feed/forum-regulatory-news
March 29, 2013
Current Senate Banking Committee Chairman Tim Johnson (D-SD) has announced that he will not seek...
forum-news-feed/forum-other-oversight
March 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-derivatives
March 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-valuation
March 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-distribution
March 22, 2013
Carlo di Fiorio, director of the SEC Office of Compliance Inspection and Examinations, spoke...
forum-news-feed/forum-regulatory-news
March 21, 2013
The Senate Banking Committee has approved the nomination of Mary Jo White to become the next chair...
forum-news-feed/forum-regulatory-news
March 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-news
March 19, 2013
Michael Piwowar, the chief Republican economist for the Senate Banking Committee, is being vetted...
forum-news-feed/forum-regulatory-news
March 18, 2013
The U.S. Chamber of Commerce has issued a report highlighting the benefits of cost-benefit...
forum-news-feed/forum-regulatory-news
March 15, 2013
Sutherland has issued a legal alert summarizing selected sessions from “The SEC Speaks in 2013.” SEC...
forum-news-feed/forum-regulatory-news
March 14, 2013
Norm Champ, Director of the SEC Division of Investment Management, recently outlined his short and...
forum-news-feed/forum-regulatory-news
March 13, 2013
The Senate Banking Committee held confirmation hearings yesterday on Mary Jo White’s nomination to...
forum-news-feed/forum-news-and-events
March 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-distribution
March 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-funds
March 7, 2013
SEC staff have reportedly met with IRS officials to discuss tax implications if money market funds were...
forum-news-feed/forum-other-oversight
March 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-derivatives
March 3, 2013
Oral argument in the case challenging a CFTC rule affecting funds has been scheduled by the Court...
forum-news-feed/forum-regulatory-news
February 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-derivatives
February 27, 2013
Funds using alternative investment strategies are a rising focus of the SEC, according to Andrew...
forum-news-feed/forum-regulatory-news
February 26, 2013
The Senate is expected to hold confirmation hearings on March 11 regarding the nomination of Mary...
forum-news-feed/forum-regulatory-news
February 25, 2013
In a speech last week, SEC Commissioner Daniel Gallagher criticized the existence of the Financial...
forum-news-feed/forum-regulatory-news
February 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-distribution
February 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-etfs
February 18, 2013
A recent Morningstar paper found that changes to ETF premiums could be predicted with a good...
forum-news-feed/forum-regulatory-news
February 14, 2013
Senator Tom Harkin (D-IA) and Congressman Peter DeFazio (D-OR) are planning to reintroduce The...
forum-news-feed/forum-money-market-funds
February 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-distribution
February 12, 2013
The National Bureau of Economic Research recently studied whether mutual fund families acting as...
forum-news-feed/forum-money-market-funds
February 11, 2013
The New York Federal Reserve Bank has issued a staff report asserting that money market funds...
forum-news-feed/forum-money-market-funds
February 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-derivatives
February 7, 2013
On February 6, the Forum filed an amicus briefin the lawsuit over recent changes to CFTC’s Rule 4.5...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-distribution
February 6, 2013
A recent academic study looks at how sales loads and revenue sharing affect fund inflows and...
forum-news-feed/forum-money-market-funds
February 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-reference
February 4, 2013
In comments to the press, both SEC Chairman Elisse Walter and Commissioner Daniel Gallagher...
forum-news-feed/forum-board-governance
February 3, 2013
Fund Directions has announced that Carl Frischling will receive the Lifetime Achievement Award at...
forum-news-feed/forum-etfs
January 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-lending
January 29, 2013
BlackRock and the independent directors of the iShares funds are being sued over allegedly...
forum-news-feed/forum-money-market-funds
January 28, 2013
A recent Morningstar article discussed what it means for consumers now that several large fund...
forum-news-feed/forum-board-governance
January 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-news
January 24, 2013
Yesterday, President Obama announced that he would nominate Mary Jo White as the next SEC...
forum-news-feed/forum-money-market-funds
January 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-news
January 22, 2013
Bloomberg reported that the U.S. Consumer Financial Protection Bureau (CFPB) is considering...
forum-news-feed/forum-money-market-funds
January 21, 2013
In comment letters to the U.S. Financial Stability Oversight Council (FSOC), Vanguard and the...
forum-news-feed/forum-money-market-funds
January 18, 2013
During the question and answer follow up to a speech last Wednesday, SEC Commissioner Daniel...
forum-news-feed/forum-money-market-funds
January 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-distribution
January 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-news
January 9, 2013
The SEC has announced that Enforcement Director Robert Khuzami will leave the agency after nearly...
forum-news-feed/forum-accounting-and-audit
January 8, 2013
Sullivan & Cromwell has issued a helpful summary of a new auditing standard regarding...
forum-news-feed/forum-shareholder-disclosure
January 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-valuation
January 3, 2013
Former Evergreen portfolio manager, Lisa Premo, has been found by an SEC Administrative Law Judge to have...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
January 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-valuation
December 25, 2012
On December 10, 2012, the SEC filed an order instituting enforcement proceedings against eight...
forum-news-feed/forum-advisory-contracts
December 20, 2012
A federal judge recently refused to dismiss a complaint against Hartford Investment Financial...
forum-news-feed/forum-shareholder-disclosure
December 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-news
December 18, 2012
At a recent speech, Norm Champ, the Director of the SEC Division of Investment Management,...
forum-news-feed/forum-money-market-funds
December 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-funds
December 16, 2012
Federated has asked the Financial Stability Oversight Council (FSOC) to fix inconsistencies in its...
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-news
December 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-funds
December 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-valuation
December 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-derivatives
December 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-valuation
December 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-reference
December 5, 2012
Congressman Tom Price (R-GA) has introduced a bill that would make it more difficult for foreign...
forum-news-feed/forum-reference
December 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-distribution
December 3, 2012
A recent Pensions&Investments column urges defined contribution plan sponsors and consultants to use...
forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news
December 2, 2012
Last Thursday, Congressman Barney Frank (MA-D) and Congressman Mike Capuano (MA-D) introduced...
forum-news-feed/forum-reference;forum-news-feed/forum-regulatory-news
November 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-news
November 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-news
November 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-contracts
November 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-reference
November 18, 2012
K&L Gates has released its “2012 Election Guide: A Guide to Changes in Congress.” The guide is...
forum-news-feed/forum-reference
November 15, 2012
The Congressional Budget Office (CBO) has released a report titled “Choices for Deficit Reduction”...
forum-news-feed/forum-news-and-events
November 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-funds
November 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-news
November 12, 2012
Norm Champ made his first public speech as the Director of the SEC Division of Investment...
forum-news-feed/forum-money-market-funds
November 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-funds
November 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-news
November 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-reference
November 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-funds
November 4, 2012
According to the Wall Street Journal, approximately 300 closed-end bond funds are trading at a...
forum-news-feed/forum-money-market-funds
November 2, 2012
Thomas P. Vartanian, chair of Dechert LLP’s Financial Institutions practice, has sent a letter to...
forum-news-feed/forum-money-market-funds
November 1, 2012
Officials from several mutual fund operators, including BlackRock and Fidelity, met with the SEC...
forum-news-feed/forum-money-market-funds
October 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-voting
October 26, 2012
On October 16th, Institutional Shareholder Services (ISS) proposed updates to its proxy voting...
forum-news-feed/forum-money-market-funds
October 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-news
October 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-news
October 22, 2012
A recent paper, "From Independence to Politics in Financial Regulation," finds that new laws in...
forum-news-feed/forum-money-market-funds
October 19, 2012
In early October, the International Organization of Securities Commissions (IOSCO) published a...
forum-news-feed/forum-money-market-funds
October 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-reference
October 17, 2012
The SEC is scrutinizing brokerage and advisory firms to see whether “enough resources have been...
forum-news-feed/forum-accounting-and-audit
October 16, 2012
Seven organizations, including the Forum, interested in corporate governance issues have...
forum-news-feed/forum-money-market-funds
October 15, 2012
In a recent speech, Federal Reserve Governor Daniel Tarullo publically voiced his concern that...
forum-news-feed/forum-etfs
October 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-funds
October 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-funds
October 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-derivatives
October 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-news
October 5, 2012
The US Supreme Court has agreed to hear an appeal by two Gabelli executives who claim the SEC...
forum-news-feed/forum-board-governance
October 4, 2012
PwC recently released its annual corporate directors survey on board room practices and...
forum-news-feed/forum-board-governance
October 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-funds
October 1, 2012
One of the Commissioners who opposed SEC Chairman Mary Schapiro’s money market fund reform...
forum-news-feed/forum-money-market-funds
September 28, 2012
Treasury Secretary Timothy Geithner has written a letter asking the members of the Financial...
forum-news-feed/forum-money-market-funds
September 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-news
September 26, 2012
In a recent speech, Commissioner Gallagher described the increased volume and pace of agency rulemaking...
forum-news-feed/forum-money-market-funds
September 25, 2012
Senator Bob Corker (R-TN), a member of the Senate Banking Committee, has urged the SEC...
forum-news-feed/forum-reference
September 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-distribution
September 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-derivatives
September 18, 2012
A recent Reuters column discusses the current status of IRS private letter rulings (PLRs) that allow...
forum-news-feed/forum-board-governance
September 17, 2012
The SEC recently settled an administrative proceeding against two investment advisory firms and their...
forum-news-feed/forum-board-governance
September 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-derivatives
September 12, 2012
On August 14th, the CFTC staff issued several responses to frequently asked questions regarding the new...
forum-news-feed/forum-money-market-funds
September 11, 2012
In an interview with the Associated Press, Vanguard founder John C. "Jack" Bogle expressed his...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-proxy-voting;forum-news-feed/forum-reference
September 7, 2012
The Mutual Fund Directors Forum today released a special report, "Practical Guidance for Fund...
forum-news-feed/forum-money-market-funds
September 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-funds
September 5, 2012
SEC Commissioner Daniel Gallagher and SEC Commissioner Troy Paredes have offered an alternative to...
forum-news-feed/forum-money-market-funds
August 30, 2012
In a recent statement, SEC Commissioner Luis Aguilar explained why he opposed submitting SEC...
forum-news-feed/forum-board-governance
August 29, 2012
Advancing Fund Governance will hold its 2012 annual gathering on September 13-14, 2012 in...
forum-news-feed/forum-money-market-funds
August 28, 2012
In a joint comment letter recently filed with the SEC, a dozen organizations highlighted the...
forum-news-feed/forum-accounting-and-audit
August 27, 2012
The Public Company Accounting Oversight Board has adopted a new Auditing Standard No. 16, entitled...
forum-news-feed/forum-money-market-funds
August 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-audit
August 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-funds
August 20, 2012
Sheila Bair, former chair of the Federal Deposit Insurance Corporation (FDIC) and current chair of...
forum-news-feed/forum-money-market-funds
August 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-funds
August 15, 2012
A recent study by the Federal Reserve Bank of Boston identified at least 21 money market funds that...
forum-news-feed/forum-money-market-funds
August 14, 2012
The Financial Times recently reported that the number of European mutual funds is shrinking as...
forum-news-feed/forum-money-market-funds
August 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-funds
August 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-funds
August 8, 2012
FitchRatings recently reported that money market fund exposure to eurozone banks fell by 33% from...
forum-news-feed/forum-board-governance
August 7, 2012
A recent study by the Credit Suisse Research Institute finds that companies with women on their...
forum-news-feed/forum-reference
August 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-funds
August 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-derivatives
August 1, 2012
A recent report by State Street and the TABB Group discusses where the investment community stands on...
forum-news-feed/forum-board-governance
July 31, 2012
The Center for Audit Quality, or CAQ, has released a lighthearted video giving an accessible...
forum-news-feed/forum-money-market-funds
July 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-reference
July 25, 2012
Senators Jack Reed (D-RI) and Chuck Grassley (R-IA) are introducing legislation to strengthen the...
forum-news-feed/forum-money-market-funds
July 24, 2012
On June 29, 2012, Boston Fed President Eric Rosengren spoke about whether US financial structures...
forum-news-feed/forum-money-market-funds
July 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-news
July 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-news
July 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-news
July 17, 2012
In a recent letter, a bipartisan group of Congressmen have requested that the Financial Stability...
forum-news-feed/forum-money-market-funds
July 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-funds
July 12, 2012
Bob Plaze, a senior SEC official in the Division of Investment Management, has provided additional details on...
forum-news-feed/forum-advisory-contracts
July 11, 2012
A Morgan Stanley subadviser has agreed to pay $1.6 million to settle SEC charges that it collected...
forum-news-feed/forum-reference
July 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-news
July 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-news
July 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-news
July 3, 2012
The CFTC has responded to the allegations in the lawsuit filed by the Chamber of Commerce and the ICI...
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
July 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-funds
June 28, 2012
A staff proposal for money market fund reform was circulated to the SEC Commissioners on June...
forum-news-feed/forum-money-market-funds
June 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-derivatives
June 26, 2012
forum-news-feed/forum-other-oversight;forum-news-feed/forum-other-oversight/forum-alternative-investments-and-derivatives
June 25, 2012
Morningstar and Barron's recently released the results of the sixth annual survey regarding the...
forum-news-feed/forum-money-market-funds
June 21, 2012
Peter J. Wallison of the American Enterprise Institute has written an article entitled, "Does...
forum-news-feed/forum-risk
June 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-valuation
June 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-news
June 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-news
June 15, 2012
The Securities and Exchange Commission has announced that Eileen Rominger, Director of the...
forum-news-feed/forum-risk
June 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-reference
June 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-voting
June 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-news
June 11, 2012
In a recent speech to the AICPA, SEC Commissioner Troy Paredes discussed, in part, the importance...
forum-news-feed/forum-money-market-funds
June 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-derivatives
June 6, 2012
On May 22, SEC Chairman Mary Schapiro gave testimony before the Senate Committee on Banking,...
forum-news-feed/forum-news-and-events
June 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-news
May 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-news
May 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-news
May 24, 2012
The Investment Company Institute (ICI) and the Chamber of Commerce (Chamber) recently filed a...
forum-news-feed/forum-money-market-funds
May 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-news
May 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-reference
May 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-lending
May 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-reference
May 16, 2012
A coalition of 15 trade associations representing the retirement plan community, including...
forum-news-feed/forum-news-and-events
May 15, 2012
The Forum's annual Policy Conference, held in Washington DC on June 19-20, 2012, brings...
forum-news-feed/forum-money-market-funds