The SEC’s Office of the Whistleblower recently issued its Whistleblower Program Fiscal Year (FY) 2019...
A recent post from consulting firm Spencer Stuart announces The 2019 U.S. Spencer Stuart Board...
The SEC recently approved applications from a number of firms to launch non-transparent ETFs,...
Revenue sharing – which can create conflicts of interest when a broker recommends one fund over...
The SEC voted to propose a new rule designed to enhance the regulation of the use of derivatives...
A report issued jointly by the Center for Audit Quality and Audit Analytics tracks S&P Composite 1500...
A New York District Court in October ruled that the Office of the Comptroller of the Currency...
According to the Wall Street Journal, eight of the 10 biggest U.S. sustainable funds hold...
The SEC’s Enforcement Division’s annual report for fiscal year 2019 highlights several significant...
The Financial Times is reporting that a surge in performance of small-cap and mid-cap funds may...
A Risk Alert from the SEC’s Office of Compliance Inspections and Examinations reflects the most...
SEC staff issued an extension of an Oct. 26, 2017 no-action letter to assist market participants...
In June, the SEC adopted the long-awaited rulemaking package relating to the standard of conduct...
A paper by a group of academics from Notre Dame university, Harvard Business School and the...
The SEC in a 3-2 vote proposed amendments to its rules governing proxy advisors. The SEC wrote that...
The White House recently issued executive orders aimed at scaling back government agencies’ use of...
The SEC’s Division of Investment Management recently released a series of FAQs regarding certain...
A recent report from a Wall Street Journal study holds good news for diversity and inclusion in the...
A Delaware court recently found that directors faced potential liability for a breach of their...
Reutersis reporting that fewer investment analysts are covering UK-based companies and the...
Beginning on October 31, 2019, Morningstar will roll out its revised analyst ratings system for...
The US Treasury and the IRS proposed regulations allowing taxpayers to avoid adverse tax...
As we near the end of 2019, we review several topics of interest for the MFDF community and...
The SEC’s Division of Investment Management’s Disclosure Review and Accounting Office, which...
Investors are pulling their money out of U.K. funds as political turmoil increases over a possible no-deal...
The SEC proposed rule amendments to expedite its review procedures for applications seeking orders...
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
The announcement by Schwab, E*Trade and TD Ameritrade that they would offer commission-free ETFs on...
Join Stacy Fuller and Alyssa Sherman for a discussion of the new ETF Rule, which will replace the...
A Bloomberg article further clouds the outlook for asset managers, saying the $74 trillion...
SEC Chairman Jay Clayton recently testified before the House Financial Services Committee taking on...
Susan Ferris Wyderko, who has led the Mutual Fund Directors Forum since 2006, announced that she...
The SEC charged accounting firm PwC LLP with improper professional conduct in connection with 19...
At a recent conference SEC Commissioner Elad Roisman said it was time to reassess regulatory...
Deloitte’s 17th annual fair valuation survey, which will be discussed in an upcoming MFDF...
A recent SEC action targeted an adviser that was faulted for, among other things, lacking...
This webinar will explore how the SEC’s recent interpretive releases on proxy voting matters may...
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
SEC Commissioners voted unanimously to adopt a new rule and form amendments to modernize the...
The SEC charged two subsidiaries of Prudential Financial Inc. with failing to disclose conflicts...
At a recent MFDF event, panelists discussed how boards can effectively partner with fund...
A Reuters report on a study by independent watchdog group the Project on Government Oversight,...
The SEC announced it will hold an open meeting on September 25, 2019 to consider several issues...
The Options Clearing Corp. will undertake remedial efforts and pay $20 million in penalties to...
In what media outlets are calling an “epic shift,” assets in passively managed funds beat those in...
Economic volatility, the introduction of low and zero-fee funds, and the resulting product and...
Two recent SEC actions on conflicts of interest in revenue sharing arrangements are putting the...
The MFDF’s Board Doc is an occasional feature of the Daily News Feed that features questions from our...
In June, the SEC adopted the long-awaited rulemaking package relating to the standard of conduct...
A recent note by Kenechukwu Anadu of the Federal Reserve Bank of Boston and Fang Cai of the Fed Board...
The FDIC approved a final rule to simplify and tailor requirements relating to Section 619 of the...
The SEC charged public accounting firm RSM US LLP with violations of the auditor independence...
Mutual Fund proxy campaigns involve numerous moving parts. From varying quorum and passage...
A recent article asserts that firms relying on weak interfaces to interact with cloud services...
An article in InvestmentNews offers insights on diversity in hiring that can help boards in their...
A new whitepaper from KPMG delivers a plain-language resource on non-transparent ETFs. The SEC earlier...
The SEC in a 3-2 vote issued guidance to investment advisers on fulfilling their proxy voting...
Artificial intelligence and fintech startups are continuing to attract major funding and hopes for...
A district court’s thorough and decisive findings in MetWest’s Section 36(b) legal victory are...
A recent academic study examines whether the audit market penalizes auditors for reporting...
In a notice posted to its web site the SEC announced an open meeting for Wednesday August 21, 2019 at...
More actively managed funds are including ESG criteria to their prospectus disclosure, Morningstar...
Morningstar’s John Rekenthaler recently chronicled global illiquidity events at three fund companies...
Reuters is reporting that SEC Commissioner Hester Peirce told members of the American Chamber of Commerce in...
The industry’s primary insurer in a new report Shareholder Litigation in the Fund Industry notes...
The 2019 Investment Management Compliance Testing Survey, conducted jointly by the Investment...
In a recent speech, SEC Commissioner Hester Peirce outlined her concerns regarding the attention given...
A white paper from Casey Quirk delves into the downside of mergers in the asset management...
The Center for Audit Quality recently released its External Auditor Assessment Tool designed to assist audit...
The SEC announced the release of a staff statement that encourages market participants to manage...
Morningstar announced it will enhance its Analyst Rating and Quantitative Rating fund scoring systems...
Join Ernst & Young financial services partners tomorrow July 23, 2019 for a discussion of the...
A recent study proposes that employers educate their employees in order to improve financial...
A report from the National Association of Corporate Directors’ Risk Oversight Advisory Council...
SEC Chairman Jay Clayton in a public statement announced an enhanced process for firms seeking to...
A Deloitte webinar on July 16, 2019 will focus on how firms are determining the right mix of...
Lawyers from Shearman & Sterling recently published a comprehensive guide to equip legal and...
ISS in its latest report recorded continuing shifts in the composition of corporate boards...
The major stock exchanges which have been in a long dispute with the SEC over market data fees,...
A recent memo from the Deloitte Center for Board Effectiveness explores how directors’ unique...
The SEC charged KPMG with altering past audit work after receiving stolen information about...
The average cost of managing assets is climbing, consultants say, with the average cost of...
In a recent paper, Professor Russ Wermers of the University of Maryland’s Robert H. Smith School...
As U.S. mutual funds begin to comply with the requirements of the Liquidity Rule, U.K. regulators...
New Jersey, Massachusetts and Nevada are among states seeking to enact statutes requiring...
The SEC announced that it adopted amendments to the auditor independence rules relating to the...
During this webinar, experts from Tait Weller will discuss distribution, diversification,...
Allison H. Lee, who served in various roles at the SEC from 2005 to 2018, was confirmed by voice vote...
The Wall Street Journal is reporting that a former official of the U.S. Treasury Department will...
In the modern boardroom, paper processes are too inefficient to keep up with today’s pace, and...
Reuters is reporting that “sudden, violent and often quickly reversed price moves” have been...
An academic paper by a University of Virginia law professor examines the historical context of...
The Mutual Fund Directors Forum today released two companion publications, titled Practical...
The SEC recently issued an order expanding exemptive relief to funds that operate under a...
A Bloomberg article notes increasing demand for firms that provide trading services to asset...
A consortium of banks from the U.S., Europe and Japan led by UBS has developed a bitcoin-like...
The SEC voted along party lines to adopt rules and interpretations that Chairman Jay Clayton says...
Lawyers at Simpson Thacher in a recent client alert observe that although fulcrum fees have been...
A recent article by consultants at Spencer Stuart delves into the difficulty of vetting the novice...
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert based on several...
The Financial Times, citing research from a UK-based consulting firm, reports that large index...
Industry leaders and partners from Dechert LLP will convene in New York on June 4, 2019 at the law...
A recent paper presented by academics from the University of Cincinnati and University of Notre...
The SEC has struggled to collect fines and penalties levied on financial wrongdoers and has...
SEC commissioners will discuss and consider adoption of the much-anticipated Reg BI in a June 5,...
In a recent speech Peter Driscoll, director of the SEC’s Office of Compliance Inspections and...
Management Practice has conducted an annual survey of mutual fund director compensation for over...
A research report from Moody’s warns that despite rapid expansion in the ETF sector, extended...
An article from Institutional Investor describes the ways European asset managers are fighting...
The 11th edition of the Board Practices Report, a report by Deloitte LLP’s Center for Board...
A survey commissioned by Fidelity Investments found that 47% of institutional investors believe...
Please join Stacy Fuller and Timothy Bekkers from K&L Gates for a discussion regarding the...
Investors are the big winners in the fund price wars, the latest fee study from Morningstar...
Banks and large financial firms report significant outlays when it comes to protecting their firms from...
Industry insurer ICI Mutual in its 2018-2019 Claims Trends reported a year-on-year decrease in the...
The Conference Board reviewed SEC filings made in 2018 and found that 50 percent of Russell 3000...
Join Dechert partners Cathy Botticelli, Anthony Kelly, and David Kotler as they discuss the recent...
A report in Bloomberg explores the wide range in research costs charged to institutional investors...
According to a recent alertfrom consulting firm ACA Compliance Group, the SEC’s Office of...
An article based on a recent survey from Russell Reynolds Associates focuses on high-performing corporate...
A memo from the White House’s Office of Management and Budget asserted the authority by which...
Despite the doom and gloom surrounding actively managed funds, a report from Wilshire Associates shows...
As the IPO market for traditional listed closed-end funds continues to remain slow, more...
According to media reports, SEC Commissioner Robert Jackson is expected to leave his post to begin...
Two papers from consulting firms McKinsey and Casey Quirk explore technology’s impact on the asset...
According to lawyers from Wachtell Lipton Rosen & Katz, “onboarding new directors is becoming a...
Please join Nathan Briggs, a partner at Ropes & Gray, as he discusses several of the most...
The SEC advanced Precidian Funds’ application to introduce an actively managed ETF that would not be...
Please join Paul Ellenbogen and Jeff Tjornehoj from Broadridge for an engaging conversation about...
Both the U.S. House and the Senate have pushed forward proposals to overhaul the retirement...
The impact of the EU's MiFID II regulation has been far-reaching, raising important regulatory and...
A report in the Financial Times cites research showing a rising number of shareholder lawsuits...
According to a Deloitte survey of over 500 crisis management executives, 80 percent of organizations...
Allison Lee, a former SEC enforcement lawyer and aide to Commissioner Kara Stein, is the likely...
The House Financial Services recently held a hearing on the controversial Regulation BI, which the SEC...
In a recent article, Morningstar writer Ben Johnson notes the field of low- and no-fee index funds...
A memo by Shearman & Sterling partner Nathan Green focuses on data, regulation and risks and can be...
A group of insurers led by Marsh & McLennan has developed a program to evaluate cybersecurity...
The SEC announced that its staff will host a public forum focusing on distributed ledger...
The SEC proposed rule amendments mandated by Congress aimed at improving access to capital and...
The Securities Industry and Financial Markets Association (“SIFMA”) recently submitted a comment...
The SEC’s Division of Investment Management staff recently highlighted the Division’s board...
A client alert from law firm Eversheds Sutherland reviewed enforcement trends at Finra over the last...
In a recent speech delivered with Division of Trading and Markets director Brett Redfearn, SEC Chairman...
The Financial Times is reporting that Wells Fargo and Invesco, prompted by the European Union’s MiFID...
The SEC announced settlements with 79 investment advisers who will return more than $125 million...
A bill introduced by Democratic lawmakers and aimed at high frequency trading would impose a 0.1%...
Securities Lending is an investment tool that is drawing increased interest as a means to generate alpha in...
In a speech to the Council of Institutional Investors SEC Commissioner Hester Peirce lauded recent...
The SEC announced that it has modified the submission deadlines for funds to file non-public monthly...
According to a Wall Street Journal report, the Department of Labor is looking into an...
The Financial Times based on an industry report by investment bank Sandler O’Neill reports that...
The Wall Street Journal isreportingthat the SEC is reviewing a series of bond trades by three...
The staff of the SEC’s Division of Investment Management granted a no-action request from the...
In a New York Times opinion piece, SEC Commissioner Robert Jackson called for a “national...
The SEC’s Office of Compliance Investigations and Examinations released a risk alert covering...
Dalia Blass, director of the SEC’s Division of Investment Management, will hold an informal...
On December 19, 2018, the SEC issued a release proposing new Rule 12d1-4 and related amendments...
A Bloombergreport citing Morningstar data says passive funds, ETFs and smart beta funds held...
A report from Spencer Stuart provides an insightful outlook on trends in corporate board...
A Financial Times report finds slow growth in the UK for Fidelity and AllianzGI funds with...
In a major victory for BlackRock, a federal judge in New Jersey ordered the dismissal of...
In a new study reported on by Institutional Investor, a Harvard Business School professor and Bella...
A memo from lawyers at Weil, Gotshal and Manges discusses key risk, accounting and audit...
A Wall Street Journal report looks back to early February 2018 when the Dow Jones fell over 1,100...
Join Benjamin Haskin and Amelia Cottrell as they discuss key concepts in insider trading law and...
Numerous tributes to Vanguard founder Jack Bogle have praised his significant contribution to the fund...
Investors Exchange released a report that discloses details about its costs to provide market data and...
The PCAOB publicized previously sealed criticism of KPMG and questioned the firm’s commitment to audit...
The Wall Street Journal is reporting that approximately 50 firms are under pressure to settle...
Reuters is reporting that HSBC has settled over three million forex trades and made over 150,000...
A Reuters report on the growth of fintech firms highlights obstacles keeping them from the...
Join Nanette Buziak of Voya as she gives an overview of how your PMs and Trading desks go about...
Finra in its 2019 Risk Monitoring and Examination Priorities Letter focuses on emerging areas not...
The SEC’s operations have largely ceased amid the record-long federal government shutdown....
A group of academics released a paper which claims to be the first to examine the board aging...
A Financial Times report examines whether recent market volatility is linked to the rise in...
Consulting firm EY is reporting that increased uncertainty around Brexit is driving financial...
A Finra report offers insights on effective practices firms use to address selected cybersecurity...
A series of contrarian opinions that favor innovative technologies has gained SEC Commissioner...
A group of nine leading banks and financial services firms, including Bank of America Merrill...
A Wall Street Journal report paints a bleak picture for blockchain usage in the near future....
It seems that everything related to proxy voting is getting a lot of attention these days,...
The PCAOB adopted amendments to its standards for auditing accounting estimates and fair value...
Asset management firms continue to face economic challenges compounded further by the market...
The SEC announced settlements with two robo-advisers for making false statements about investment...
The SEC’s Office of Compliance Inspections and Examinations published its exam priorities for...
SEC Chairman Jay Clayton at a recent meeting of the Investor Advisory Committee discussed...
The SEC proposed a new rule and amendments designed to streamline and enhance the regulatory framework...
In a recent opinion piece for the Wall Street Journal, Vanguard Founder John Bogle weighed in on...
“Audit committees should engage with management to determine whether endeavors in emerging...
The Financial Times, citing a survey by Liquidnet, reports that asset managers worldwide are...
A research report from Finra and the CFA Institute sheds some light on millennials’ investing...
SEC Chairman Jay Clayton in recent testimony on Capitol Hill reviewed the agency’s strategic plan,...
A report in the Wall Street Journal says Wealthfront is offering its automated financial planning...
A Bloomberg report quoting a survey from a data security firm says U.S. banks and other financial...
During this webinar, Paul Kraft, a Deloitte partner and US Mutual Fund & Investment Management...
A recent academic paper from Tamar Frankel, Professor of Law Emerita at Boston University, ...
The SEC reports that it received over 5,200 whistleblower tips in FY 2018, the highest increase in...
A research paper from Morningstar examines how payments to brokers drive fund flows and affect...
In an in-depth interview with Bloomberg Markets, Fidelity chief executive Abigail Johnson and...
Please join experts from Ernst & Young as they present this webinar, focused on current updates in the...
The Wall Street Journal reports that PIMCO is among asset managers warning employees that their pay...
SEC Chairman Jay Clayton at a recent conference said he believes the potential impact of Brexit...
New SEC Commissioner Elad Roisman encouraged participants at the recent SEC Staff Roundtable on the...
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert, announcing a series...
Reuters is reporting that global asset managers generated $6 billion in revenue loaning out stocks...
According to a report in Politico, the SEC is currently undertaking a sweep of investment...
A lengthy report in the New York Times scrutinized the SEC’s Division of Enforcement’s record...
Victory Capital Holdings plans to purchase USAA Asset Management Company, including its mutual...
According to Bloomberg and other media reports, big banks like Wells Fargo can expect to see more...
The SEC released a proposal designed to improve and simplify disclosures about variable annuities...
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2018 elections and how the...
The SEC recently issued a decision that concluded the NYSE Arca, Inc. and Nasdaq Stock Market LLC...
SEC Chairman Jay Clayton was among several speakers at a recent eventfocused on reference rate...
Although variable product funds present similar oversight responsibilities for boards as retail...
A data-rich report by PwC reviewed the landscape for the asset management industry and came to...
The CFA Institute recently published a report on its survey of member views on what the future...
Two experts debated the long-term prospects of Bitcoin in a Wall Street Journal report and came away...
“The retirement crisis is a tsunami that is rapidly approaching,” SEC Commissioner Kara Stein said in...
Sara Yerkey of Management Practices Inc., will discuss how industry trends are influencing the...
Deloitte’s sixteenth annual Fair Valuation Pricing Survey took a deep dive into innovation and how...
In interviews with asset management leaders Barron’s asked top executives about their views on the...
In a speech that touched on a number of topics, SEC Commissioner Hester Peirce said the SEC should...
In a recent speech, the SEC’s IM Division Director Dalia Blass discussed the division’s board...
A group of academics, including Martijn Cremers known for his work on active share, recently...
The SEC’s Division of Investment Management issued a no-action letter regarding fund board...
More than 70 banks, including JPMorgan, have joined a blockchain designed to speed up payments and...
SEC Commissioner Kara Stein in a recent speech doubled down on the need for expanded cybersecurity...
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
The SEC recently announced that Putnam Investment Management and one of its former portfolio...
Consulting firm EY released a report on audit committee reporting trends for 2018. The US survey of...
The SEC announced a settlement with Voya Financial Advisors Inc., a broker-dealer and investment...
According to media reports, Invesco is in talks to acquire Oppenheimer Funds in a $5 billion...
Dalia Blass, director of the SEC’s Division of Investment Management,faced questions from...
SEC Commissioner Robert Jackson is calling for reform in the way stock exchanges are regulated to...
In a recent speech, SEC Commissioner Hester Peirce continued to champion innovation, noting that the SEC...
The Investment Adviser Association and National Regulatory Services released their 18th annual...
A report from consulting firm McKinsey analyzes the financial crisis and contributing factors -- high...
The SEC announced the scheduled expiration of a two-year pilot program that would widen the...
The Wall Street Journal reported that California legislators passed a bill that requires public...
SEC Chairman Jay Clayton released an announcement on staff views stating: “The Commission’s...
The staff of the SEC’s Division of Investment Management is reconsidering whether prior staff...
The SEC announced that Legg Mason Inc. will pay over $34 million to resolve an SEC charge that it...
Moody’s Investors Service Inc. has agreed to pay a total of $16.25 million in penalties to settle...
The U.K. government has signaled it is prepared to exit the European Union in March 2019 without...
As the funds industry continues to keep up with the fast pace of technological innovation,...
Elad Roisman received Senate approval to become a Republican Commissioner of the SEC, succeeding...
InvestmentNews and Barron’s are reporting that fund advisers, including BlackRock, Morgan Stanley...
The SEC announced charges against four Transamerica entities for misconduct involving faulty...
Eight months after the U.K.’s Markets in Financial Institutions Directive went into effect, firms...
According to a Bloomberg report, asset managers are expected to reap quite a cash windfall as a...
President Trump’s announcement that he asked the SEC to study six-month reporting for public...
In recent remarks, FinCen Director Kenneth A. Blanco reiterated that the agency’s rules apply to...
FINRA released the FINRA Industry Snapshot 2018, its first annual statistical report on the...
The SEC announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges...
The U.S. Chamber of Commerce gathered leading innovators, policy leaders, thinkers, and investors...
Bloomberg, citing Morningstar research, reports that the U.S. asset managers with the highest...
Attorneys from K&L Gates and Stradley Ronon provide in-depth perspectives on the SEC’s recent rule...
ACA Compliance recently conducted a survey of mutual fund/ETF complexes and investment...
Fidelity’s recent launch of no-fee index funds has jolted the industry and inspired much media...
The SEC announced that the staff will host a roundtable this fall to hear from investors, issuers,...
Allison Lee, a former SEC enforcement lawyer and aide to Commissioner Kara Stein, might be...
The U.S. Treasury Department issued a report that signaled a more open stance toward fintech firms...
An article on Morningstar.com explains a change in fee methodology spurred by recent FINRA...
Swiss firm GAM Investments announced in a release that all subscriptions and redemptions in its...
A white paper from Broadridge reviews the landscape for emerging market debt, noting that this...
A memo from consulting firm Russell Reynolds Associates discusses ways firms can build successful...
In testimony before the Senate Banking Committee, the nominee for the SEC Commissioner spot...
A report by Reuters claims that the SEC has shelved a universal proxy rule proposal that would...
According to a report in Tradenews, asset managers are generally negative about the effects of the...
An EY report, based on a review of 418 proxy statements filed as of May 2018, examines how S&P...
The SEC recently proposed amendments to its whistleblower rules that may broaden the type of tips...
Under a recent executive order, the U.S. attorney general established a Task Force on Market...
Algorithmic encompasses a wide variety of trading methods, strategies, and time horizons,...
FINRA recently notified members that it is monitoring developments in the digital asset...
Media reports say a challenging, volatile environment is causing months-long outflows for ETFs. A...
The U.S. Court of Appeals for the Third Circuit recently affirmed a District Court’s ruling...
A report from The Directors and Chief Risk Officers Group provides boards with guiding principles to...
Recent research from Flowspring shows pricing pressure continues to persist in the industry, and...
A paper from the University of Chicago Law School examines why investors continue to pick actively managed...
A Financial Timesreport reviewed the record of some of the oldest mutual funds and asked their managers...
A recent report in the Wall Street Journal observed that political factors such asNorth Korea,...
The SEC released a draft strategic plan that focuses on investors, innovation, and performance as...
The SEC unanimously approved a new rule proposal under the 1940 Act that would allow the majority...
In a highly charged 3-2 vote the SEC adopted amendments to Rule 22e-4 under the 1940 Act,...
An article by Harvard academics analyzes agency problems related to the rise of institutional investors...
In an opinion written by Justice Elena Kagan, the U.S. Supreme Court held in a 7-2 vote that the...
The SEC announced it will hold an open meeting on June 28, 2018 to consider several items,...
Mutual fund share class pricing has shifted dramatically over the past decade, and stands on the...
The Callan Institute’s 2018 Defined Contribution Trends report is showing that sponsors of plans,...
BNY Mellon’s Pershing is announcing that net inflows to mutual funds on the Pershing platform...
CFTC investigators have asked four bitcoin exchanges for trading data as the agency probes whether...
Keri Riemer, Counsel with Seward & Kissel LLP, will cover the statutory requirements (e.g.,...
A new book from the CFA Institute’s research unit provides an overview of alternative investments....
An article by lawyers at Katten Munchin provides an overview of the EU’s General Data Protection...
The SEC along with other banking agencies released a proposal to amend a section of the Bank...
The SEC announced that Sarah G. ten Siethoff has been named the Associate Director for the...
The SEC adopted new rule 30e‑3 under the 1940 Act, giving mutual funds an optional “notice and...
“Directors’ notes, if not properly handled, can result in unintentional waivers of privilege and...
Top industry leaders, including representatives from EY and Goldman Sachs, testified on...
Comment letters from Nasdaq and CBOE harshly criticize the SEC’s proposal to implement a two-year pilot...
The SEC will hold an open meeting on Tuesday, June 5, 2018 at 10:00 a.m. to consider electronic...
The Wall Street Journal is reporting that Elad Roisman, chief counsel to the Senate Banking...
President Trump recently signed into law the Economic Growth, Regulatory Relief, and Consumer...
A report in FinOps describes the latest products that help fund managers create a backup or...
Attendees at a recent conference at the SEC heard the latest in academic research relating to the...
Bloomberg is reporting that private equity firms are hoping to gain from the popularity of digital...
ETFs and improved disclosures to investors are among items listed in the SEC’s Spring 2018...
The AICPA issued a working draft of the AICPA Accounting and Valuation Guide Valuation of Portfolio...
A study organized by the Alliance for Board Diversity in collaboration with Deloitte analyzed the...
Management Practice has conducted an annual survey of mutual fund director compensation for over...
A new report by consulting firm Accenture says 89 percent of financial services industry...
The SEC recently focused talks on the market for smaller, more thinly-traded companies, an issue...
In a letter to President Trump, SEC Commissioner Michael Piwowar announced he would resign...
The SEC has released a proposal to amend its auditor independence rules, which have presented...
Professors from Northeastern University and the University of Florida released a paper recently on...
The SEC recently announced that three investment advisers failed to disclose conflicts of interest and...
The Center for Audit Quality recently released a resource titled Cybersecurity Risk Management...
In testimony before committees of the U.S. House of Representatives, SEC Chairman Jay Clayton...
Due in significant part to the recent #MeToo movement, a wave of workplace sexual harassment...
Dechert will host its annual symposium on May 2, 2017 in New York focusing on what investment...
The SEC’s Office of Compliance Investigations and Examinations recently issued a Risk Alert to...
The New York Attorney General recently concluded an investigation into mutual fund fees and...
The Mutual Fund Directors Forum in partnership with the University of Maryland’s Smith School of...
The SEC plans to hire a technology company to focus on blockchain, cryptocurrency monitoring, among...
The SEC proposed a long-awaited package of rulemakings and interpretations on investment adviser...
In a recent speech to fintech thought leaders, CFTC Commissioner Brian Quintenz described the ongoing...
During this webinar, experts from ACA Compliance Group will discuss all things related to fund...
According to a notice posted on its website the SEC will host an open meeting on April 18, 2018 to...
President Trump recently signed into law a measure that will make capital more readily available...
EY’s Center for Board Matters will host a webcast on cybersecurity on April 19, 2018 as part of...
Two excessive fee cases that challenged fund advisory fees based on the sub-advised funds...
An analysis of Morningstar’s Star Ratings’ and future fund flows by research firm Flowspringfinds...
Financial services firms have been navigating regulatory uncertainty since at least the day the...
A report by McKinsey forecasts industry compression and increasing pressure from Fintech firms for...
While top asset managers saw their assets under management increase toward the end of 2017, fee...
Bloomberg is reporting that a whistleblower has accused market regulators and FINRA of allowing sensitive...
Change in the Asset and Wealth Management industry is accelerating at an exponential pace....
The Financial Times is reporting that U.S. regulators are seeking more information on proxy...
The Fifth Circuit Court of Appeals rejected the DOL’s Fiduciary Rule in a decision that described...
The SEC proposed amendments to the Liquidity Rule, addressing some industry concerns regarding...
Dalia Blass, Director of the SEC’s Division of Investment Management, recently discussed her...
In letters to FINRA and the SEC’s Office of Minority and Women Inclusion, three U.S. Senators...
Reuters is reporting that the Federal Reserve and the Treasury Department’s Office of Financial...
Reuters reported that BlackRock recently disclosed that third-party commentary on the increasing...
The SEC recently published additional guidance to public companies on preparing policies and...
The U.S. Supreme Court’s recent ruling that the Dodd-Frank Act protects whistleblowers from...
Evaluated bond pricing is one of the most widely used methods for mutual funds and other investors to meet...
SEC Commissioner Kara M. Stein recently spoke about the growth of esoteric investment products and...
DST’s Research, Analytics and Consulting reports that the 15 publicly-traded firms that comprise its Asset...
Matt Giordano, of KPMG LLP, recently the Chief Accountant of the SEC’s Division of Investment...
The SEC is extending the compliance date for provisions of the Liquidity Rule which require fund...
The SEC’s Division of Enforcement recently announced a self-reporting initiative that aims to protect...
A group of academics studied a comprehensive sample of proxy contests and mutual fund voting...
Craig Blackman with Stradley Ronon will address the fundamentals of mutual fund directors'...
The U.S. House of Representatives passed several bills from the Financial Services Committee...
The SEC announced that it extended the compliance date for certain provisions of the liquidity...
The SEC abruptly canceled a meeting it announced last week to discuss revising the compliance date...
Shareholders of the LJM Preservation and Growth Fund recently filed a securities fraud class...
An article in online publication FinOps explores a recent SEC action against fund administrator...
An article by governance experts discusses strategies for achieving effective individual and board...
According to a Sunshine Act Notice, the SEC will hold a meeting on February 21, 2018 to discuss...
The SEC’s Office of Compliance Inspections and Examinations published its exam priorities for...
As Wells Fargo reels from the implications of a consent order with the Federal Reserve, industry...
Fund directors and trustees know the SEC has been focused on cybersecurity for several years now...
A client alert by law firm Locke Lord reports on a January 11, 2018 conference call held by the...
Join Ingrid Dyott, Managing Director, Neuberger Berman and Curtis Ravenel, Global Head of...
Top clearing and settlement firm DTCC announced that State Street Bank and Trust Company and funds...
A lawsuit filed in New York by the parent of electronic trading platform firm AQS alleges that six...
A new report by Morningstar covers the landscape of sustainable investment products and notes the...
Deloitte released the fifth edition of its report on Women in the Boardroom with data from nearly...
According to a Financial Times report, Vanguard CEO Tim Buckley is concerned that speculators may...
A recent paper from University of Pennsylvania academics finds that busy corporate directors...
A reportby global consulting firm Deloitte in the Wall Street Journal discussed recent regulatory...
The House Financial Services Committee approved 15 bills on a wide range of topics, including...
In letters to industry groups SIFMA and the ICI, the Director of the SEC’s Investment Management...
An article by lawyers from Drinker Biddle discussed recent developments in blockchain technology...
The SEC’s Division of Investment Management released a group of questions and answers on Liquidity...
The Wall Street Journal is reporting that the SEC may propose its version of a fiduciary rule by...
Robert Jackson and Hester Peirce were sworn into office as Commissioners by SEC Chairman Jay...
A recent survey of about 200 financial professionals conducted by AB found that many fund advisers...
Broadridge announced that it has completed its acquisition of Morningstar’s 15(c) board consulting services...
Lawyers at K&L Gates and Dechert have begun to examine the implications for the industry resulting from...
A New York Times article criticizes a fund manager who it says charges high fees without regard to...
The Mutual Fund Directors Forum released an extensive new paper titled Practical Guidance on...
The SEC recently released its fall 2017 regulatory flexibility agenda with some expected line...
Understanding insurance policy language remains particularly important for directors and officers...
The SEC appointed five new members to the board of the PCAOB, which oversees the audits of public...
The U.S. Senate has confirmed Hester Peirce and Robert Jackson as SEC commissioners by unanimous...
As 2018 looms, mutual fund boards can expect to see increased engagement with the SEC, regulatory...
A recent paper by BlackRock staff examines the themes explaining the dominance of index investing and...
ISS recently introduced a change to its U.S. policy to respond to concerns over excessive director...
The SEC recently released enforcement data for fiscal year 2017 showing a decrease in the number...
A report by a Federal Reserve Bank of Boston markets specialist explores the impact of money market...
Mutual fund boards were a main focus of a recent address by the Director of the SEC’s Division of...
The SEC recently modified and delayed electronic filing requirements for Form N-Port, which...
Independent Trustee Counsel, Fund Counsel and Adviser Counsel-- why are there different types of...
A Wall Street Journal report by Deloitte staff observes that the rapid proliferation of algorithms...
During this webinar, Paul Kraft, a Deloitte partner and US Mutual Fund & Investment Management...
The SEC announced that it has ratified its prior appointment of its administrative law judges and...
The U.S. Treasury issued a report recommending changes to FSOC’s process of determining government...
Law360 is reporting that the bankruptcy trustee overseeing the Chapter 11 filing of F-Squared...
A House bill seeks to loosen the rules around closed-end funds and proposes that the SEC within a...
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will provide an update on activities in Congress...
In a recent speech, SEC Chairman Jay Clayton discussed the agency’s vision for the next four years...
Dechert LLP will host its annual Investment Management Symposium on November 28, 2017 in San...
A lawsuit by Nasdaq, Inc. against a 1940-Act registered firm and other entities claims the...
CME Group, a CFTC-regulated derivatives marketplace and exchange group, announced it will launch a...
According to PwC’s annual survey of public company directors, U.S. corporate directors are...
The Investment Company Institute in a recent letter requested that the SEC adjust the compliance...
As a result of recent changes in the law and extensive data evidencing minimal recoveries by...
In a speech before the Federal Reserve bank in Chicago, CFTC Commissioner Brian Quintenz said...
This term the U.S. Supreme Court will consider at least three securities industry cases, according to...
A recent Morningstar report analyzed the stewardship practices of large sponsors of passively...
The Wall Street Journal is reporting that an SEC Enforcement Division official indicated that the...
The Wall Street Journal in an expansive report took aim at Morningstar’s star rating system and...
Boards overseeing ETFs have challenges in evaluating performance and fees that are unique from...
A new report from the U.S. Treasury reviewed the regulatory framework for asset management and...
The SEC’s Division of Investment Management and Division of Trading and Markets provided no-action...
The nominees for the two open SEC commissioner spots testified before a Senate panel, answering...
The chief of the CFTC’s Division of Enforcement, recently announced a self-reporting program that could...
The U.S. Treasury’s June report on the capital markets targets a slew of financial regulations and...
A recent article by Russel Kinnel, director of manager research for Morningstar, explored...
The nominees for SEC commissioner are expected to testify before the U.S. Senate Banking Committee this...
A bill which provides that the SEC must establish and implement a “safe harbor” for ETF research...
Deloitte recently released its annual Fair Valuation Survey, and reported that valuation of...
The SEC recently extended no-action relief granted in 2016 in connection with a rule that requires an...
As investor cash continues to pour into passively managed investments active fund managers are...
With efforts to comply with the DOL fiduciary rule underway, financial institutions and fund...
The California Superior Court in San Francisco recently found that plaintiffs did not have...
An academic study that examined the effect of busy corporate directors and boards on the value of...
SEC Chairman Jay Clayton released additional information about the investigation of the 2016...
Criticism of the Sarbanes Oxley Act, enacted in the wake of the WorldCom and Enron scandals, has...
JPMorgan is expected to complete its transition out of the repo clearing business by the end of...
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert identifying issues...
Index fund giant Vanguard faces a special challenge this proxy season as the firm prepares for its...
In an article for The Hill, Kenneth E. Bentsen, Jr., president and CEO of the Securities Industry...
The SEC has disclosed that it learned in August 2017 that hackers may have traded on information...
The SEC recently announced that State Street will pay more than $35 million to settle charges that it...
The New York City Comptroller Scott M. Stringer and the New York City Pension Funds recently...
A variety of factors have resulted in increased M&A activity involving sponsors of registered...
The SEC recently hosted a program that featured academic, legal and business perspectives on the...
The PCAOB recently issued its annual report under its interim inspection program of audits of...
The SEC’s Office of the Inspector General wrote to four U.S. senators in response to a March 29,...
The SEC’s rule amendment to shorten by one business day the standard settlement cycle for most...
Banks and other large New York financial institutions became subject to the New York Department of...
The DOL has published its latest delay of the Fiduciary Rule and seeks comments on a number of...
The SEC announced that Dalia Blass has been named Director of the Division of Investment...
The Federal Reserve Board is soliciting public comments on a corporate governance proposal that...
Morningstar’s semiannual report on the performance of U.S. active funds against passive peers in...
The SEC is considering a proposal by the PCAOB to adopt new auditing standards and improve...
The European Union’s Markets in Financial Instruments Directive, or MiFID II, is slated to take...
The SEC’s Division of Economic and Risk Analysis recently released a paper in response to a...
The Massachusetts Secretary of State recently sent letters of inquiry to brokerage firms in an...
The SEC recently instituted cease-and-desist proceedings against the CCO of two affiliated...
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert based on staff...
A recent report concludes that the emerging regulatory landscape is favorable for financial...
A Wall Street Journal report says that the Trump Administration’s business friendly stance is partly...
The DOL disclosed in a filing submitted in a lawsuit that it was seeking to extend the transition...
The chief of the U.K.’s Financial Conduct Authority announced that LIBOR, the inter-bank lending...
A study conducted by Morningstar found that a “behavioral problem” exists among investors in that...
According to a Wall Street Journal report, Varo Money Inc., a digital banking startup, has...
The SEC recently acknowledged that businesses and individuals are increasingly using initial coin...
State Street Global Advisors, which adopted a widely publicized board diversity policy earlier...
President Trump is expected to select Robert Jackson, a law professor at Columbia University, to...
An Eighth Circuit panel recently agreed with an Iowa district court’s dismissal of a Section 36(b)...
A recent article by Ohio State University academics examined the consequences of recent...
Bloomberg recently reported that the SEC has significantly trimmed its rulemaking agenda for 2017. ...
SEC Commissioner Michael Piwowar submitted a response to the DOL’s request for public input on the...
President Trump announced plans to nominate Hester Peirce, a former SEC staff attorney and counsel to...
Two groups of lawmakers wrote to SEC Chairman Jay Clayton urging a renewed focus on requiring...
The Federal Reserve recently released its semi-annual Monetary Policy Report which addressed...
SEC Chairman Jay Clayton in his first public speech reiterated the agency’s mission and its...
The Bureau of Consumer Financial Protection completed a rule originally proposed in May 2016 that...
MPI’s 2017 survey will provide benchmarks from analysis of 2016 financial statements of 18...
An article in the Wisconsin Law Review by academics from Harvard Law School and University of...
Two professors in an opinion piece for the Wall Street Journal write that the popularity of...
In a recent speech, Scott W. Bauguess, the acting director and acting chief economist of the...
This webinar will provide an in-depth overview of the tenets of cyber-security insurance. The...
The Department of Labor has issued another request for public comment on the Fiduciary Rule,...
Typically, U.S. stock exchanges charge fees for certain transactions and pay “rebates” for others....
A report by CMRA, a risk management and consulting firm, discusses recent enforcement actions...
The Financial Conduct Authority, the U.K.’s chief financial regulator, recently issued a report...
CFTC Commissioner Sharon Bowen, the sole Democrat on the two-member Commission, announced she is...
The Financial Times reported that a technology company successfully used blockchain to buy and sell...
Reuters is reporting that large corporations and banks, including JPMorgan Chase, Goldman Sachs,...
According to a Bloomberg report, President Trump is expected to select Hester Peirce, a research...
A yearly report from law firm DLA Piper detailed the results of surveys distributed to corporate...
A recent article in the Investment Lawyer by Sullivan & Worcester lawyer Thomas M. Ahmadifar explores...
Mutual funds can opt to use “swing pricing” beginning November 2018. While swing pricing -...
The U.S. House of Representatives voted in favor of the Financial CHOICE Act, which contains...
The U.S. Treasury Department released a report on the U.S. financial system and recommended major...
Authors of a recent academic paper posit that corporate boards that retain a single director with a...
A paper by academics from the University of Michigan argues that U.S. corporate governance rules...
An adviser charged with violating various securities laws by concealing the misappropriation of...
According to a Wall Street Journal report, a former SEC staffer now a law firm partner has been...
The CFTC recently amended its regulations and forms to enhance the process for reviewing...
Lawmakers continue to support a bill that would, among other things, re-impose Glass-Steagall Act...
A recent Morningstar study sheds additional light on the industry shift toward investing in...
A statement issued by SEC Chairman Jay Clayton acknowledged the U.S. Labor Secretary’s desire that the SEC...
The Trump Administration’s 2018 budget proposal seeks to restructure the CFPB and proposes to...
In an opinion piece for the Wall Street Journal, Department of Labor Secretary Alexander Acosta...
Much of the day-to-day work of managing the funds that Boards oversee is dependent on a wide...
Fidelity Investments and Prudential Financial are among financial firms that have adopted and are...
The SEC recently reached a settlement agreement with Barclays Capital, a registered investment...
Republican Senator Mike Crapo, Chairman of the Senate Banking Committee, recently delivered the...
An academic paper tested many well-known stock market anomalies that have beaten the market in the past...
The SEC’s Office of Compliance Inspections and Examinations issued a risk alert last week, urging...
In remarks before the International Swaps and Derivatives Association 32nd Annual Meeting, CFTC...
According to research conducted by DeVoe & Company, 44 merger and acquisition transactions were...
Management Practice has conducted an annual survey of mutual fund director compensation for over...
An academic paper investigates the dramatic increase over the past twenty years in the number of...
A group representing banking regulators from 50 states has sued the Office of the Comptroller of the...
An alert by law firm Ropes & Gray details the latest ruling in Section 36(b) litigation after an...
The SEC announced a $4.5 million settlement with William Blair & Company over charges that, as a...
Insurance firm ICI Mutual, which represents approximately 60% of fund industry assets under...
In a 61-37 vote, the Senate voted to confirm Wall Street lawyer Jay Clayton as chairman of the...
House Financial Services Committee Chairman Jeb Hensarling recently released a revised version of...
President Trump recently ordered a 180-day review of two key Dodd-Frank regulations and asked the...
The Wall Street Journal reports that SEC Chairman Nominee Jay Clayton is currently considering...
An academic report that describes itself as the first in-depth analysis to focus on passive ETF...
Exchange-Traded Funds (ETFs) are here to stay, with all indications that assets in ETFs will...
Acting SEC Chairman Michael S. Piwowar restated his opposition to the DOL’s Fiduciary rule at the...
The SEC recently approved FINRA’s rule proposal addressing financial exploitation of seniors. The rule,...
A recent article by lawyer Lori Schneider offers a comprehensive view of the current political...
A new policy paper from Morningstar explores the potential of new mutual fund share classes formed in...
An academic paper takes on the challenges that digital advice poses for financial market...
The SEC’s Equity Market Structure Advisory Committee recently considered review of a trading rule...
Plaintiffs have agreed to a $14.25 million settlement in their securities class action against the...
A group of Republican Senators recently wrote a letter to the Treasury Department chief seeking...
As SEC chair nominee Jay Clayton awaits the final vote of the U.S. senate, the acting chairman’s actions...
An investment adviser recently agreed to settle SEC charges that it failed to disclose to its...
As anticipated, the Department of Labor delayed until June 9, 2017 the applicability of the Fiduciary...
The Mutual Fund Directors Forum announced that Jameson A. Baxter, Chair of the Forum’s Board and...
This webinar will discuss historical discount levels, IPOs, mergers and deaths of closed-end funds and...
Recent research findings from Oliver Wyman and Morgan Stanley delivered a sober outlook on the...
The Investor Stewardship Group, comprising some of the largest U.S.-based institutional investors...
As exchange-traded funds grow in popularity, regulators appear to be recognizing the need for...
Acting CFTC Chairman J. Christopher Giancarlo, who was nominated to become permanent chairman by...
Dechert will host an annual symposium on March 28, 2017 in New York focusing on what investment...
In his confirmation hearing before the U.S. Senate Banking Committee, the nominee for SEC Chairman answered...
Financial firms are curtailing their early efforts to comply for the DOL Fiduciary Rule, set to...
A Bloomberg report says that the Enforcement Division of the SEC is reining in spending by banning...
A U.S. Senate panel has set March 23, 2017 for confirmation hearings for SEC Chairman Nominee Jay...
Morningstar will discuss implications for assessing performance history of new shares, making...
Distributed ledger technology, or blockchain, continues to find favor in the financial services...
The SEC recently released guidance on digital advisors, specifically robo-advisers that provide...
A bill introduced in Congress by Democratic Congresswoman Marcy Kaptur aims to “revive the...
A recent ruling in the United States Court of Appeals for the D.C. Circuitheld that the SEC’s...
A U.S. District Court for the District of New Jersey delivered a victory to the Hartford...
At a recent conference, Acting SEC Chairman Michael Piwowar described the DOL Fiduciary Rule as...
FINRA recently proposed an amendment to its advertising rule that would permit firms to distribute investment...
Brokerage firm Morgan Stanley Smith Barney recently agreed to pay an $8 million penalty and admit...
A Bloomberg report citing conversations with unnamed sources said Acting SEC Chairman Michael Piwowar has...
An oversight plan recently approved by lawmakers pledges to “continually and vigilantly scrutinize how...
The SEC’s Office of Compliance Inspections and Examinations recently issued a Risk Alert on five...
Top asset management firms, including Aberdeen and Franklin Templeton, are supporting an effort to...
The Mutual Fund Directors Forum released an extensive new paper titled Role of the Mutual Fund...
A report tallying SEC enforcement actions in 2016 shows the top trends and areas targeted by the...
A group of financial firms, including digital financial advisers, recently collaborated to form...
The Investment Management Group of law firm Schiff Hardin LLP will present a webinar on February...
Citigroup Global Markets recently reached an agreement to pay $18.3 million, among other...
Asset managers are expanding their corporate governance teams in response to increased regulatory...
An executive order targeting the DOL Fiduciary Rule asked the Department of Labor to undertake an...
The SEC announced that Commissioner Michael Piwowar has been designated acting chairman by...
This webinar will explore recent mutual fund litigation. On February 7, Steve Topetzes will...
In a recent speech, former SEC Chairwoman Mary Jo White looked to the future of the agency and...
The Financial Stability Board recently published recommendations for addressing structural...
Recent decisions by the SEC, on appeal from decisions of their administrative law judges, raise...
The SEC recently released a no-action letter in which it allowed Capital Group’s American Funds to...
BlackRock Inc. has agreed to pay a $340,000 penalty to settle SEC charges that it improperly used...
The SEC’s Office of Compliance Inspections and Examinations recently released its 2017 examination...
The effective date of the DOL Fiduciary Rule may be delayed for six months, the Wall Street...
A staff working paper from the Federal Reserve discussed the implementation of the Volcker Rule and its...
FINRA recently released its annual letter highlighting the issues and concerns it will focus on...
According to a Reuters report, shareholders invested $375 billion into exchange-traded funds in 2016, a...
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert announcing an...
SEC Commissioner Michael Piwowar, who is expected to become the agency’s acting chairman after...
Timothy G. Massad said he will step down as chairman of the CFTC, effective January 20, 2017. A...
The New York Department of Financial Services released an updated version of its cybersecurity law slated to...
The recently released Spencer Stuart Board Index presents data on board composition, board...
The U.S. Court of Appeals for the 10th Circuit in Denver ruled that the SEC’s process for hiring...
Jay Clayton, a partner with New York law firm Sullivan & Cromwell LLP, has been nominated by...
FINRA announced on December 21, 2016 that it had fined 12 firms a total of $14.4 million for...
The SEC recently released guidance for mutual funds in response to issues raised by the DOL...
The CFTC released enforcement results for the fiscal year ended September 2016. Over the period, the...
The Federal Reserve recently published a paper on distributive ledger technology, citing the...
Vanguard Group founder Jack Bogle recently wrote an opinion piece in the Financial Times on the...
The CFTC recently reported the results of a supervisory stress test conducted in April 2016 aimed at...
According to reports, the SEC has sent examination letters or interviewed people at mutual funds, including...
In a letter responding to a request from Republican Senators Richard Shelby and Mike Crapo that...
During this webinar, Paul Kraft, a partner and US Mutual Fund & Investment Management Practice...
A Morningstar study reported that there has been no improvement in women’s participation rates in...
In a recent speech, Thomas Curry, chief of the Office of the Comptroller of the Currency, said...
Bank of New York Mellon Corp., which serves as custodian for many mutual funds, reported a...
The SEC announced on December 8, 2016 that Andrew J. Ceresney, director of the Division of...
On December 1, 2016 the SEC announced a settlement with PIMCO regarding charges that PIMCO misled...
Since SEC Chairwoman Mary Jo White announced that she would leave the agency at the end of President...
The SEC’s rules mandating that funds adopt liquidity risk management programs will have far...
According to a Wall Street Journal report, various accounting groups have combined to develop a...
The plaintiff in an excessive fee suit filed against PIMCO in December 2014 scored a victory on...
In testimony before the U.S. House Financial Services Committee, SEC Chairwoman Mary Jo White...
Months before it is slated to become effective, the DOL’s fiduciary rule’s is changing the...
Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the 2016 elections and how the...
On November 14, 2016 the SEC hosted a FinTech Forum which addressed topics such as the impact of...
A recent article provided some practical guidelines outlined below to improve the effectiveness...
The Office of the Comptroller of the Currency (OCC) announced it will establish an office...
A collection of reports on cyber activity shows that financial institutions are increasingly the...
The SEC recently adopted far-reaching rules requiring mutual funds and ETFs to adopt liquidity...
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert regarding the...
As automated financial advice becomes more mainstream, webinar will explore various types of...
The SEC announced that Chairwoman Mary Jo White plans to leave her post in January at the end of the Obama...
The SEC recently released new economic analysis related to its rule proposal on the use of derivatives by registered...
Change in board membership is accelerating and boards are bringing greater discipline to how new...
The SEC’s recent rulemaking activity is spurring discussion as the industry digests the 1940 Act...
Morningstar is launching a style box for alternative investment funds to provide better insight...
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
ISS recently released draft proxy voting policy changes for the 2017 proxy season and is seeking...
In a recent series of reports, the Wall Street Journal chronicled the large shift of assets to...
Democratic Senator Elizabeth Warren recently called for the dismissal of SEC Chairwoman Mary Jo...
Deloitte recently reported the results of its fourteenth annual Fair Valuation Pricing Survey of...
On October 24, 2016, Nasdaq Inc. will launch an upgraded system that could lessen the protections...
According to a Financial Times report, the SEC is laying the groundwork to examine the...
The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the...
On October 17, 2016 Marc Wyatt, Director of the SEC’s Office of Compliance Inspections and...
Calvert Investment Management, Inc. recently settled charges with the SEC regarding the valuation...
A federal appeals-court panel dealt a setback to the Consumer Financial Protection Bureau, ruling...
The Wall Street Journal reported that the market valuation metric developed by the economist who...
The Financial Services Group of Dechert LLP will hold its annual investment management symposium...
The SEC reported an increase in enforcement actions for the fiscal year ended September 30, 2016....
SEC Commissioners voted on October 13, 2016 to adopt proposals to reform oversight and regulation of...
The IRS and Treasury Department recently proposed regulations regarding the treatment of a...
The U.S. short-term financing markets experienced a tumultuous end to the third quarter as the...
A recent study by consulting firm A.T. Kearney predicts a $20 billion revenue impact for the...
In a recent speech, CFTC Commission J. Christopher Giancarlo stated that regulation by the agency...
In a white paper published in September 2016, BlackRock analyzed the rapid growth of digital...
On September 28, 2016, the Securities and Exchange Commission adopted rules for securities...
Morningstar’s report on August fund flows shows continuing movement of investor funds from...
On September 28, 2016, the SEC issued a proposal to shorten the standard settlement cycle for most...
In a recent speech, the director of the SEC’s Division of Enforcement, Andrew Ceresney, provided a...
Reuters reports that fund managers have begun increasing investments in private assets in search for...
Ernst and Young recently agreed to settle two cases of independence violations stemming from...
The Wall Street Journal reports that New York has proposed rules that would require banks to...
Morningstar recently announced that it was going to make it easier for investors to compare mutual...
In a recent speech, SEC Commission Piwowar discussed fixed income market issues. He highlighted some...
InvestmentNews reports that the SEC continues to consider a fiduciary rule. SEC Chair Mary Jo...
The fiduciary regulation will cause sweeping changes to the U.S. retirement landscape. Many...
Schwab’s 2016 ETF Investor Survey shows that both registered investment advisers (RIAs) and ETF...
The Chamber of Commerce Center for Capital Markets Competitiveness recently sent a letter to SEC...
A small group of leaders of large corporations and investment managers together with an activist...
Last week, the Vanguard S&P 500 Index Fund turned 40 (the fund was started as the First Index...
The SEC recently settled charges with a fund adviser stemming from a side agreement that prevented an...
NICSA’s General Membership Meeting, which will take place on September 19 and 20 in Boston, will...
On September 27, the Forum will host a one day program in Boston that will explore key issues in...
The Wall Street Journal reports that the SEC plans to abandon its proposal that would have made...
Last week, a New Jersey District Court judge ruled in favor of the defense in a 36(b) case against...
A recent report by Greenwich Associates explores some security issues associated with the use of...
In a recent article, Paulita Pike, a partner and Ropes and Gray, examines the effectiveness of...
A recent study finds that SEC enforcement activity through the third quarter of 2016 has declined...
A recent K&L Gates Client Alert outlines some questions boards may wish to ask as they evaluate...
A recent report from the World Economic Forum examines the potential impact that blockchain will...
Earlier this month, the CFTC issued a rule interpretation and no-action letter finding that the money...
The Wall Street Journal reports that Nasdaq is developing a new order type designed to compete with...
Municipal money market funds are struggling as the compliance date for the 2014 money market fund...
A recent paper examines how female and minority directors are valued by shareholders and boards by...
A recent post on the Harvard Corporate Governance blog called board refreshment “a topic on fire.” The...
The SEC recently announced that State Street has agreed to a settlement of $382.4 million for...
In a recent report, ICI Mutual summarizes developments in 36(b) litigation since the Supreme...
A recent article in Barron’s explores the future of the fund industry. The article notes that...
The report of the 2016 National Financial Capability Study published by the FINRA Investor...
The Wall Street Journal reports that average daily bond trading volume increased 2% during the...
The IMF predicts that Brexit will have a negligible impact on U.S. Growth, Reuters reports. ...
The SEC recently issued a proposal designed “to eliminate redundant, overlapping, outdated, or...
Legislation introduced by Senators Elizabeth Warren and Mark Warner and Representative Elijah...
In late June, the FSOC voted unanimously (with one member abstaining) to rescind GE Capital’s SIFI...
T. Rowe Price has agreed to a $25 million settlement with Dell over Dell’s recent buyout, the Wall...
A paper that is to be published in the Journal of Financial and Quantitative Analytics examines how...
In a recent letter to SEC Chair Mary Jo White, Senator Sherrod Brown, the ranking Democrat on the...
The Wall Street Journal reported that two professors and UBS are working to develop a tool to...
The SEC’s recent rule proposal on derivatives anticipates asking fund boards to approve portfolio risk...
In a recent statement, SEC Commissioner Piwowar criticized the Commission for its failure to act on...
The staff of the SEC’s Division of Investment Management declined to give no-action assurance to two...
The SEC recently denied an appeal from two portfolio managers regarding an ALJ’s finding that they...
In a recent speech, SEC Chair Mary Jo White gave an overview of board diversity in the United...
In the latest setback to a full Commission, the Wall Street Journal reports that a democratic...
A new paper explores whether women’s engagement in male dominated activities can improve gender...
The FSB recently proposed policy recommendations designed to address systemic risks to the...
Earlier this week, the staff of the SEC’s Division of Investment Management issued a guidance...
A report from Morningstar predicts that the DOL’s final fiduciary rule will be disruptive to many...
The webinar will discuss oversight responsibilities of Board members with regard to sub-advisers,...
In testimony before the Senate Banking Committee, SEC Chair Mary Jo White highlighted the...
BNY Mellon (the “Bank”) and the SEC have settled charges related to the Bank’s handling of certain...
The SEC staff has issued no-action relief for situations where an auditor’s independence may be...
On Friday, the SEC approved IEX’s application to become a national securities exchange. SEC Chair...
Recent research from BlackRock finds that fire sales of bond mutual funds are unlikely in times of...
According to a recent article in Bloomberg, mutual funds purchased $275 billion worth of high...
T. Rowe Price recently announced that the company will pay clients approximately $194 million to...
Morgan Stanley has agreed to pay $1 million to settle charges with the SEC “related to its...
The Forum recently filed a supplemental comment letter on the SEC’s reporting modernization...
The managers of the Sequoia Fund recently announced a 20% limit on investments in a single company at a...
Federated agreed to pay a $1.5 million penalty to settle charges stemming from the lack of...
The SEC and Treasury Department recently announced “that they are working together to explore...
Reuters reports that the GAO is examining whether “financial regulators are doing enough to...
In a recent filing, Invesco disclosed that PwC was in “discussions” with the SEC over a rule...
This month, the SEC and other financial regulators proposed rules, required by Dodd-Frank, that...
InvestmentNews reports that FINRA is conducting targeted exams to determine whether brokerage...
Fund-by-fund review of advisory profitability and economies of scale continue to be pillars of the...
In a recent speech, SEC Chair Mary Jo White provided an update on the status of several recent...
Join K&L Gates partners Stacy Fuller and Peter Shea as they provide directors with a business...
A recent New York Times report on corporate board composition shows that efforts to diversify...
Management Practice recently released a summary of its 23rd annual director compensation and...
In a recent blog post, the Department of Treasury summarized the current liquidity conditions in the...
A Delaware Court recently denied a bid by several T. Rowe Price Funds to dispute the value they...
The Wall Street Journal reports that Depository Trust and Clearing Corporation has proposed that ...
Management Practice has conducted an annual survey of mutual fund director compensation for over...
In a recent speech, SEC Commissioner Stein discussed the importance of disclosure to the...
Over the past year or so, there have been numerous challenges to the constitutionality of the...
A recent report by McKinsey Global Institute urges investors to prepare for significantly lower...
A recent article by Matt Fink, an Oppenheimer Funds independent director and former president of...
Following on the heels of the Senate, the House of Representatives adopted a resolution to stop...
The SEC recently proposed a plan that would create a “single, comprehensive database – a...
Reuters reports that many asset managers are using derivatives to gain exposure to commercial...
A recent article in Bloomberg highlighted the recent boom in new electronic bond trading...
Last week, the Secretary of the Commonwealth of Massachusetts filed charges against State Street...
Three Republican Senators introduced a resolution to stop the recent DOL fiduciary rule. Senator...
The FSOC recently released an update on its review of the products and activities of the asset...
The SEC’s Investor Advisory Committee recently recommended that the Commission “explore ways to...
Treasury Secretary Jack Lew fired back following the DC District Court’s Decision to overturn the...
Sequoia shareholders who redeem more than $250,000 will likely receive stock rather than cash,...
In late March, DC District Court judge Rosemary M. Collyer overturned the FSOC’s designation of...
On April 6, the Department of Labor released final rules to expand the “fiduciary” standard to...
In remarks at the Mutual Fund Directors Forum’s annual Policy Conference, SEC Chair Mary Jo White...
Because brokerage commissions are fund assets, fund directors have a responsibility to oversee how...
The SEC continues to be interested in fund board oversight of cyber-security issues. Join Rajib...
Today, the Senate Banking Committee will meet in executive session to vote on the nominees for the two...
Last week, the Forum filed a comment letter on the SEC’s derivatives proposal. The proposal would...
A recent Wall Street Journal article examined tenure of corporate boards, finding that at least 24%...
SEC Chair Mary Jo White recently testified before Congress in support of the $1.781 billion 2017...
A brief statement from the FSOC announced that the Council continues to examine the risks related...
The SEC recently set a June 18, 2016 deadline to rule on IEX’s application for registration as a...
Research by American Funds shows that low fees and portfolio manager ownership of the fund...
SEC Chair Mary Jo White will give keynote remarks at the Forum’s Policy Conference on March 29 in...
According to new research from the ICI, the expense ratios for equity, bond, and hybrid funds...
Last week, the director of the SEC’s Division of Investment Management, David Grim, outlined the...
In a recent speech, Director of the SEC’s Division of Investment Management David Grim outlined the...
The CFTC’s Office of the Inspector General (OIG) recently released a report highlighting issues of...
Federal Reserve Governor Lael Brainard in a recent speech acknowledged “the role of regulation as a...
The SEC last week announced the creation of the Office of Risk and Strategy within the Office of...
A new paper examines the decline of small IPOs in the late 1990s and suggests that the changing...
In a recent speech, Director of the SEC’s Division of Investment Management David Grim stated that fund...
The SEC’s Division of Investment Management released new guidance this week to remind “mutual...
The Senate Banking Committee announced this week that it would hold a hearing on March 15 to...
Today’s independent fund directors confront a number of substantive fund-related risks from...
Morningstar announced last week that it launched a new Sustainability Rating to help investors...
A new post from economists at the New York Fed seeks to identify funds vulnerable to runs and to...
In a recent filing, William Blair announced that it had received a Wells notice from the SEC...
In the latest chapter in Northstar Financial Advisers v. Schwab Investments, a district court last week...
Recent years have seen a proliferation of new trading venues where mutual funds execute their...
A new report takes mutual funds to task for “rubber stamping” executive pay plans through...
The SEC’s recent release of guidance on fund distribution and sub-accounting fees updates prior...
A new paper examines the use of ETFs by actively managed funds and finds mixed results based on...
SEC Commissioner Kara Stein worried in a recent speech that increasing complexity of ETFs “makes...
Last week, SEC Chair Mary White said that the Commission “will continue to work to develop support...
A new blog post from economists at the New York Federal Reserve challenges the “conventional wisdom”...
A recent article from Bloomberg suggests that the SEC’s recent liquidity and derivatives proposals could...
Representatives from BlackRock met with SEC staff at the end of January regarding the SEC’s...
In a recent hearing in MetLife’s challenge to its FSOC systemically important financial...
During one week in August 2015, a major disruption of a fund accounting system impacted the...
Under President Obama’s recently released fiscal 2017 budget, the SEC would see an 11 percent...
The IMF suggests that limited disclosure by funds about the risks of derivatives has left...
A Wall Street Journal article highlights the trend of decreasing fees in mutual funds. The article...
At a recent ETF conference, Vanguard CEO Bill McNabb recently called on his competitors to stop...
David Katz, a partner at Wachtell, Lipton, Rosen & Katz, suggests that board candidates “have much to...
A recently released report from the SEC’s Division of Trading and Markets reviews issues of stop...
In a recent meeting, several members of the SEC’s Equity Market Structure Advisory Committee...
In a recent letter to his hedge fund shareholders, Pershing Square founder Bill Ackman examines...
The SEC announced this week that it had settled charges against Barclays and Credit Suisse for...
In December 2015, the SEC issued a long-awaited proposal regarding fund use of derivatives. The...
In an op-ed for Bloomberg, Larry Tabb (Founder and CEO of Tabb Group) notes that “the widespread...
The Office of Financial Research recently released an analysis of data collected on the bilateral repo...
The Treasury Department published a notice last week to solicit comments on “changes in Treasury...
Last month, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (“PATH...
The SEC recently announced that Equinox Fund Management agreed to settle charges related to...
The SEC recently announced that it had awarded $700,000 to a whistleblower “who conducted a...
The exchange application of IEX has stoked an ongoing debate over the health of the equity...
The Wall Street Journal reports that the Federal Reserve is looking to adjust margin requirements on...
Last week, the Forum submitted a comment letter to the SEC in response to the proposal to address...
The decision to liquidate a high-yield bond fund by Third Avenue Management last month prompted...
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination Priorities...
Regulators are increasingly focused upon market participants’ ability to effectively manage...
A new study released by Fidelity finds that “people are saving more and investing more...
Tomorrow at 2pm, Tim Jenkins and Shelby Hagneauer of Nossaman LLP will discuss the 2016 outlook...
The SEC’s Division of Investment Management recently released a Guidance Update entitled Mutual...
The Office of Financial Research recently released its 2015 Financial Stability Report which finds that...
The SEC’s Division of Trading and Markets recently released an analysis of the volatility in...
The SEC recently issued a concept release that solicits comments on the need for new requirements for...
In a recent paper, Barrington Partners offers an in-depth look into the NAV issues experienced by...
In a recent speech, Director of the Division of Investment Management David Grim highlighted the...
A recent paper examines the effect of an investment company retaining the same auditor used by its...
A recent paper examines the ubiquitous practice of a common set of directors serving at the board...
Yesterday, State Street announced that it initiated a review of “the manner in which it invoiced...
The Investment Industry Regulatory Organization of Canada (IIROC) announced recently that it had...
The SEC’s Department of Economic and Risk Analysis released a study examining registered...
In a letter to shareholders released last week, Third Avenue Management announced that the board of...
Last Friday, the SEC voted 3-1 to propose a new rule related to the use of derivatives by mutual...
Morningstar Director of Manager Research Russel Kinnel developed a measure he believes can start...
Two new scholarly articles examine the effect of the public media coverage on mutual funds. In one...
In a recent post for Fund Board Views, former Director of the SEC’s Division of Investment...
Join Paul Kraft, the head of Deloitte’s US Mutual Fund and Investment Adviser practice, tomorrow at...
The SEC announced last Friday that it would hold a meeting on December 11 to “consider whether to...
Several existing exchanges are engaged in a heated debate with upstart Investors’ Exchange, LLC...
Columnist Chuck Jaffe issued his holiday wish list for the fund world. According to Jaffe, “[t]he mutual...
The Securities Industry and Financial Markets Association (SIFMA) recently released key findings...
This webinar will focus on the unique board oversight challenges associated with alternative...
In a recent speech, SEC Chair Mary Jo White addressed gender disparity in the boardroom. She...
In an op-ed for the Wall Street Journal, Norm Champ, former Director of the SEC’s Division of...
The Wall Street Journal reports that the SEC is focusing on funds’ procedures for valuing holdings...
The SEC announced a settlement with Virtus Investment Advisers over allegations that it “misled mutual...
The SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert after conducting a...
A new paper finds that “mutual fund flows give an indication on investor risk tolerance and can...
Increasingly, fund directors are being named or subpoenaed in lawsuits by private plaintiffs and...
Recent risk alerts from the SEC’s Office of Compliance Inspections and Examinations and remarks...
There has been steady growth in the adoption of Sustainable and Responsible Investment (SRI)...
The Department of Justice this week announced that it had unsealed charges against Gery Shalon,...
In a recent meeting, the FSOC discussed it ongoing analysis in six categories of potential risk arising...
In an op-ed, Patrick Pinschmidt, the Deputy Assistant Secretary for the FSOC, argued that recent...
In recent speeches, SEC officials Andrew Ceresney and Buddy Donohue sought to assure and offer...
A jury in Chicago convicted commodities trader Michael Coscia of six counts of commodities fraud and...
Last week, two independent directors of the Sequoia Fund resigned due to what the Wall Street...
Daily liquidity is a key feature of mutual funds, and the ability to pay shareholder redemption...
Executives from the NYSE, NASDAQ, and Charles Schwab sent a letter to the SEC raising concerns...
Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer...
The SEC last week announced a summary of enforcement statistics and actions for the past year. In...
In a recent speech, CFTC Chair Timothy Massad discussed his views on “flash events” such as the...
John Russo and John Schneider of KPMG, and Rick Sennett of Legg Mason, will discuss current...
In a recent speech, SEC Chair Mary Jo White suggested that equity market regulation could provide a...
The Depository Trust and Clearing Corporation (DTCC) recently issued a whitepaper explaining the risk...
SEC Commissioner Luis Aguilar highlighted the important work of boards and principles of good...
Credit rating agency Fitch Ratings recently suggested that the SEC’s liquidity management proposal...
The White House yesterday nominated Hester Peirce and Lisa Fairfax to serve on the Securities and...
The SEC announceda settlement with two UBS advisory firms for failing to disclose a change in the...
SEC Commissioner Luis Aguilar urged a review of ETFs in a recent speech to the SEC’s Investor...
Deloitte’s most recent annual Fair Valuation Pricing Survey found that “the mutual fund industry...
In the latest chapter of the fallout of portfolio manager Bill Gross’s exit from PIMCO, Gross is...
According to the Wall Street Journal, the SEC is “quietly” reducing its use of administrative...
In a forthcoming article in the Cornell Law Review, Urska Velikonja argues that the SEC’s...
In explaining the need for its recent released liquidity proposal, the SEC relied heavily on...
The SEC’s new liquidity proposal would allow open-end funds (other than ETFs and money-market...
The SEC’s new liquidity proposal would require open-end funds (including open-end ETFs but...
The Supreme Court yesterday denied the petition for review in Schwab Investments, et al. v....
In a speech commemorating the 75th anniversary of the Investment Company and Investment Advisers Acts,...
The SEC recently issued two proposals to amend the rules that govern its administrative...
Recent volatility and trading suspensions in the U.S. markets and abroad have caused valuation...
The SEC has been focusing for some time on payments from fund assets for what it has termed...
In a recent speech, CFTC Commissioner Sharon Bowen offered suggestions for how her agency can...
Investors Exchange LLC recently filed an application with the SEC to become an official exchange....
SEC Chair Mary Jo White added her support recently to industry efforts to move to a two-day...
Dick Grasso, the former CEO and a 35-year veteran of the NYSE, recently suggestedthat the U.S....
The SEC yesterday issued a proposal to address liquidity management in open-end funds. The...
In the first settlement from the SEC’s so-called “Distribution in Guise” initiative, First Eagle...
A new report reviews recent regulatory actions against dark pools and offers some lessons for...
Earlier this week, the SEC voted to adopt rule amendments eliminating references to credit ratings...
The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a risk alert this week...
In a recent speech, CFTC Chair Tim Massad laid out the agency’s priorities. Massad highlighted the...
The SEC is expected to vote next week on new proposed rules to allow the use of “swing pricing”...
Additional details are coming to light regarding the pricing issues recently experienced by BNY...
This week, the Forum submitted a comment letter to the SEC in response to a concept release...
In April 2004, the SEC implemented a requirement for funds to disclose the level of ownership of...
SEC Commissioner Dan Gallagher announced last week that he will leave the Commission no later than...
Market volatility over the past two weeks is prompting calls for a review of several rules...
Last week, the National Futures Association submitted a proposed Interpretive Notice to the CFTC...
The National Society of Compliance Professionals recently submitted a letter to SEC Director of...
Last week a federal district court judge dismissed a suit alleging that several exchanges and a dark...
Last week, the Forum filed a “friend of the court” brief urging the Supreme Court to review the...
A new report from the Tabb Group finds that slow systems at dark pools may be costing pool...
The DC Court of Appeals rejected a challenge by the New York Republican State Committee and the...
An issue with a system used by Bank of New York Mellon is causing NAV challenges across the...
Bob Pozen is calling for institutional investors to step up to counter the influence of activist...
A new reportshows that average fund expenses in 401(k) plans are continuing a downward trend. The...
A new study suggests the presence of bias in the investment options offered to 401(k) plan...
Morningstar recently announcedthat it will add a new environmental, social, and governance rating to its...
A new report highlights inadequate staffing at the CFTC and finds that its “rule enforcement...
The SEC settled charges with ITG last week that the company “operated a secret trading desk and...
A federal court in New York last week found that the SEC’s process for appointing administrative...
Last week, the Forum submitted a comment letter to the SEC regarding proposed amendments to certain...
Norges Bank Investment Management, the manager of the $880 billion Government Pension Fund of...
Commissioner Luis Aguilar released a statement this week urging the Commission to take care to be...
The Department of Labor this week is holding a series of hearings to discuss its fiduciary rule...
The Seventh Circuit Court of Appeals recently added the likely final chapter in the Jones v....
The SEC adopted a controversial pay ratio disclosure rule last week in a 3-2 vote. The rule,...
In recent remarks, officials from the Treasury Department and Federal Reserve suggested that...
The IMF criticizes the regulatory treatment of money market funds and offers several...
PIMCO announced Monday that it received a Wells Notice from the staff of the SEC regarding its...
The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness recently released a...
SEC Commissioner Luis Aguilar in a recent statement called for the SEC to spearhead an...
The DOL is facing continued scrutiny of its fiduciary rule proposal, and after receiving 825...
Agencies involved with the implementation of the Volcker Rule recently released guidance relating to...
Earlier this year, the 9th circuit ruled that directors can be sued directly by shareholders for an...
Douglas Elliott, a fellow at the Brookings Institution, offers a view into the current state of...
NASDAQ and NYSE announced a plan to “create a more resilient market by providing an additional...
SEC Chair Mary Jo White marked the five year anniversary of the Dodd-Frank Act last week with a...
At a recent British Treasury Select Committee hearing, Chair of the Financial Stability Board...
In July 2014 the Securities and Exchange Commission adopted amendments to its money market fund...
Parveen P. Gupta and Tim Leech predict that oversight of “risk culture” will continue to rise in...
At a meeting of the SEC’s Investor Advisory Committee, Department of Labor Deputy Assistant...
SEC Chair Mary Jo White said in a speech this week that “it is not [the SEC’s] intention to use...
Massachusetts Secretary of the Commonwealth William Gavin announced that he has launched an...
The U.S. Department of Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve...
The SEC issued a concept release last week seeking comment on audit committee disclosures. The...
The PCAOB issued a concept release requesting comment on audit quality indicators (AQIs) last...
The Division of Investment Management issued a no-action letter recently waiving investment...
Lord Abbett and BlackRock both recently filed applications with the SEC to implement a program...
In a recent public statement, Commissioner Daniel Gallagher continued his call for “the...
A financial industry consortium recently announced a timeline for a proposed move to a two-day...
Morningstar recently released its second annual U.S. Mutual Fund Industry Stewardship Survey. The...
The SEC yesterday fined Deloitte & Touche after concluding that a business relationship between a...
The Federal Reserve Bank of New York announced that additional time will be required to complete the...
In a recent speech, Vanguard Chair and CEO William McNabb III shed light on the firm’s view of...
Eric Roiter, a lecturer at Boston University School of Law and former Senior Vice President and...
The SEC’s Office of Compliance Inspection and Examinations announced a multi-year initiative...
This week the board of the closed-end Vertical Capital Income Fund announced that it had fired the...
The International Organization of Securities Commissions (IOSCO) indicated last week that it would adopt...
The ICI released a series of articles noting issues with a chapter in the IMF’s Global Financial...
Commissioners Luis Aguilar and Daniel Gallagher recently issued a public statement calling for the...
Six former SEC chairs defended current SEC Chair Mary Jo White in the face of criticism from Senator...
The SEC announced yesterday that it had settled charges against an investment adviser and board...
Commissioner Kara Stein focused her remarks on the effect of the Investment Company Act on retail...
The SEC’s securities lending sweep, the Dodd-Frank Act, and other regulatory developments have all...
The SEC last week released a request for comment on the listing and trading of Exchange Traded...
FINRA recently published an interpretive letter that permits the use of “Related Performance...
A real estate developer fighting an administrative proceeding by the SEC scored an early victory...
Senator Elizabeth Warren sent a 13-page letter to SEC Chair Mary Jo White last week, calling her...
A new article from Morningstar highlights the small number of women serving as portfolio managers....
Several commenters urged the Financial Stability Board to rethink the approach outlined in its...
Jonathan Macey, a Yale law professor, and David Swensen, Yale’s Chief Investment Officer,...
“What really matters is an awareness of how greed and fear can drive rational people to behave in...
In a letter to Treasury Secretary Jack Lew, Representative Jeb Hensarling, Chair of the House...
The Department of Labor recently announced that it would extend the comment period for the...
Fund-by-fund review of adviser profitability remains a pillar of the “Gartenberg” contract renewal...
This week, the SEC unanimously proposed amendments to certain reporting requirements for...
A new study from Morningstar shows that expense ratios are dropping. The study shows that...
Senator Richard Shelby, Chair of the Senate Committee on Banking, Housing, and Urban Affairs...
Harvey Pitt, former SEC Chair, takes a stab at forecasting the future of stock exchanges in a...
The SEC announced yesterday that it settled charges against Nationwide Life Insurance Company over...
Last week, the SEC approved a proposal with modifications for a two-year program to study the...
Last week, the SEC released guidance detailing the Division of Enforcement’s approach in selecting a forum...
SEC Commissioner Dan Gallagher will soon resign, according to a report from Bloomberg. The article...
A new report from the Office of Financial Research offers a brief overview of the repo and...
Last Friday, the SEC named David Grim the Director of the Division of Investment Management. Grim...
Management Practice has conducted an annual survey of mutual fund director compensation for over...
ETFs are seeing significant growth vis-à-vis mutual funds, according to new data from Broadridge...
According to Jesse Kanach, asset management can be boiled down to three principal aspects:...
In a recent article for FINalternatives, Forum President and CEO Susan Wyderko, reminds advisers...
The SEC’s Division of Investment Management released guidance last week that addresses issues of...
Ernst & Young’s annual Mutual Fund Seminar series kicks off in New York on May 13, 2015. The event...
A new report from Norges Bank Investment Management, an asset manager responsible for managing the...
The Volcker Alliance, an organization launched in 2013 by former Fed Chair Paul Volcker, released...
Last week, UK authorities arrested Navinder Singh Sarao, a futures trader that the CFTC claims may...
The Division of Investment Management released a set of 53 Frequently Asked Questions last week...
The SEC settled a case last week against Kornitzer Capital Management (“KCM”), adviser to the...
Dechert’s Financial Services group is hosting a Global Alternative Funds Symposium on Wednesday,...
The SEC released a two-question set of Frequently Asked Questions related to the valuation...
The SEC recently charged BlackRock Advisors LLC and its former CCO with violations relating to...
Global banking regulators are pushing industry groups to make changes to the standard contracts...
The latest version of the International Monetary Fund’s Global Financial Stability Report includes a...
The Forum recently released a paper titled The Board/CCO Relationship, which provides significant...
The Department of Labor issued a proposal on Tuesday for its long-awaited fiduciary rule. The...
Jay Baris and Andrew Donohue review the 75-year history of investment company and investment...
The SEC’s recent release adopting amendments to money market funds contained new guidance for...
A new study from Strategic Insight asserts that “mutual funds and their management companies have...
The Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing on “FSOC...
SEC Chair Mary Jo White recently suggested that the Comission should “implement a uniform fiduciary...
In a recent speech, SEC Commissioner Luis Aguilar reflected on his tenure and offered some...
The SEC’s chief economist, Mark Flannery, suggested in recent remarks that by taking a narrow view and...
Morgan Stanley Wealth Management plans to sell data regarding ETF sales by its financial advisers...
Vanguard Founder John Bogle thinks that active mutual funds are “fat, dumb and happy,” according...
A new article from Morningstar’s Russel Kinnel suggests that the greater the portfolio manager’s...
The Forum submitted a comment letter in response to the FSOC’s request for comment on the systemic...
At 2pm EST tomorrow, the Forum will host a webinar exploring recent asset flow and performance...
At 2pm EST tomorrow, the Forum will host a webinar to discuss what diversity concepts mean to a...
The SEC proposed amendments that would narrow an exemption from FINRA registration for certain...
The SEC plans to launch a second round of cybersecurity exams this summer, according to...
In How Foreigners Became America’s Financial Regulators, a provocatively-titled piece for the...
A new report from PwC examines the current impact of ETFs and seeks to predict the 2020 market....
On Wednesday, an SEC administrative judge found that Charles Yancey of Penson Financial Services “did...
In a recent speech, SEC Commissioner Michael Piwowar identified the irony that prudential...
The CFTC’s director of enforcement, Aitan Goelman, indicated that the agency plans to begin...
Germany last week passed a law that will require that women fill at least 30 percent of board...
On February 2, Nasdaq lowered exchange fees and rebates in 14 stocks in an experiment to “generate...
A new survey of money market fund managers and institutional investors conducted by Citigroup...
Representative Stephen Lynch (MA-08) introduced a bill recently that would have the SEC conduct a...
The Financial Stability Board, in consultation with the International Organization of Securities...
In a recent speech, the co-chief of the Division of Enforcement’s asset management unit, Julie...
The SEC recently approved a rule change for NASDAQ that would allow for the listing of “paired...
In a recent speech, Federal Reserve Governor Daniel Tarullo argued that “we are all...
A new report from the Tabb Group examines challenges in the fixed income markets. The report...
SEC Commissioner Dan Gallagher recently highlighted the aggregate impact of post Dodd-Frank...
Sullivan & Cromwell highlights some potential legal issues with the prominent use of electronic board...
New York’s Attorney General, Eric Schneiderman, is asking the New York legislature to implement a...
The Division of Investment Management released guidance recently regarding the acceptance of gifts...
The Federal Reserve Board’s most recent semi-annual Monetary Policy Report raises old concerns...
SEC Commissioner Michael Piwowar offered several criticisms the SEC in a recent speech at SEC...
Morningstar’s Paul Ellenbogen laments the difficulty investors face when trying to compare fund...
Bloomberg reports that the head of the complex financial instruments group in the SEC’s...
In an article for the Connecticut Law Review, an attorney for the Commodity Futures Trading...
Writing in a Q&A format for a recent issue of The Corporate Board, risk expert Charles Fishkin...
Water Island Capital, an adviser to several alternative funds, agreed to pay $50,000 to settle SEC...
SEC Commissioners Gallagher and Piwowar recently issued a dissent to the SEC’s rulemaking process...
In a recent op-ed in the Wall Street Journal, Peter Wallison expressed his concerns about the...
In a recent speech, SEC Commissioner Aguilar discussed investors’ need for disclosure about their...
The SEC recently announced that it will hold a roundtable on February 19 “to explore ways to...
In a recent speech, Federal Reserve Governor Dan Tarullo identified liquidity and redemption...
In a recent speech, CFTC Commissioner J. Christopher Giancarlo criticized the CFTC’s swaps...
Last week, the SEC’s Office of Compliance Inspections and Examinations issued a risk alert...
The answer to the question “How fast should a security trade?” is apparently “0.2 to 0.9 seconds”...
A new paper finds evidence that “voters’ interests drive political pressure on SEC...
SEC Chair Mary Jo White directed SEC staff to review Rule 14a-8(i)(9) of the Exchange Act, which...
A group of asset managers recently announced the creation of Luminex Trading & Analytics, a dark...
MetLife filed suit recently to challenge the FSOC’s designation of the company as a nonbank SIFI....
At an open meeting last week, the Financial Stability Oversight Council (FSOC) discussed changes...
The SEC recently announced that it has formed an Equity Market Structure Advisory Committee in...
UBS Securities agreed last week to pay more than $14.4 million to settle charges with the SEC that it...
In a new column, Scott Cooley, Director of Policy Research for Morningstar, highlights the...
In a Forum webinar tomorrow, Tim Jenkins and Shelby Hagenauer of Nossaman LLP will discuss the...
Precidian Investments filed a revised exemptive application with the SEC that, if granted, would...
The SEC announced yesterday that Norm Champ is leaving his position as the director of the...
Two exchanges formerly owned by Direct Edge, EDGA and EDGX, agreed this week to pay $14 million to...
The examination request list that the SEC is using for the ongoing bond sweep asks for “[t]he most...
The SEC’s Office of Compliance Inspections and Examinations (OCIE) released its Examination...
Recent research released by the Federal Reserve Board finds that leveraged ETFs pose much less of a...
Vanguard will begin to publish more information regarding how it votes its shares in its portfolio...
Earlier this week, FINRA released its annual Regulatory and Examinations Priorities Letter, where it...
Given the challenges and complexity of managing financial intermediaries, intermediary oversight...
Last week, the New York Fed began publishing more data that shows a breakdown of the use of its...
The SEC announced last week that it would begin a pilot program to aimed at making the digestion...
In a Forum webinar tomorrow from 2 to 3:00pm Eastern, Stacy Louizos, a partner at Sullivan &...
According to a recent Wall Street Journal article, the SEC plans to implement changes to the EDGAR...
A new paper co-authored by current SEC Commissioner Dan Gallagher and former SEC Commissioner...
Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange, is circulating a plan...
Last week the Financial Stability Oversight Council issued a notice requesting comments on...
A new study finds that active mutual funds that trade more outperform. The researchers reviewed a...
In a recent letter to SEC Chair Mary Jo White, IEX, the alternative trading system operator,...
New research indicates that loss averse mutual fund managers garner lower returns and are more...
In a recent speech, SEC Chair Mary Jo White focused on the asset management industry, remarking that...
A recent article from the Los Angeles Times highlights the growing trend of socially responsible...
Several large bond investors feel that the Barclays U.S. Aggregate Index, used as a benchmark by...
A new study from the Center for Retirement Research at Boston College found some evidence that the...
The Securities Industry and Financial Markets Association (“SIFMA”) expressed its opposition to...
Researchers have found that some funds appear to engage in a practice called “juicing,” or...
In a recent speech, SEC Commissioner Kara Stein questioned the impact of exchange traded...
According to Bloomberg, the SEC is drafting new rules addressing “hard-to-sell assets” and the use...
To avoid complying with the money market reforms adopted by the SEC in July, some asset managers...
Representative Elijah Cummings and Senator Elizabeth Warren have sent out a round of letters to...
In a Forum webinar tomorrow from 2 to 3:00pm Eastern, Darlene DeRemer of Grail Partners LLC will...
The Government Accountability Office released a report (summary) suggesting further actions that...
The SEC released its Fiscal Year 2014 Agency Financial Report last week. In the document, the SEC...
Wall Street is increasing its focus on attracting millennials, according a recent Bloomberg...
The Financial Stability Oversight Council is planning on soliciting comments from the public on...
Norm Champ, Director of the SEC’S Division of Investment Management, highlighted potential issues...
MetLife CEO Steven Kandarian attended the hearing earlier this month that was the company...
Morningstar’s Kevin McDevitt writes that, while convenient, no-transaction fee (NTF) platforms, such as...
FSOC staff met with representatives from thirteen industry groups this week as part of “ongoing...
In an interview with Bloomberg at SIFMA’s annual conference, SEC Chair Mary Jo White noted that...
The SEC has approved the application of Eaton Vance to launch a new type of non-transparent...
Nasdaq was recently selected by a committee comprised of the 14 exchanges and FINRA to continue to...
The Financial Stability Oversight Council will meet with industry groups next week in a private...
Federal agencies missed 79.4 percent of the deadlines set by Congress for Dodd-Frank reforms,...
The Municipal Securities Rulemaking Board announced that it will offer a video series geared...
The SEC has increased its focus on bond funds in the wake of increasing market volatility,...
A new paper finds that subscribers to a direct feed of EDGAR filings are often able to access the...
Institutional Shareholder Services recently proposed changes to its equity plan and independent...
In a recent speech marking the 80th anniversary of the SEC, Commissioner Dan Gallagher called for...
In a letter to SEC Chair Mary Jo White, the Investment Company Institute (ICI), the Managed Funds...
In an interview with the Wall Street Journal, House Financial Services Committee Chair Jeb...
The SEC indicated last week that it plans to deny the applications of Precidian Investments and...
The Sixth Circuit Court of Appeals affirmed a district court’s decision dismissing claims relating to...
Last week, the SEC released data on enforcement actions for the fiscal year 2014 showing that the...
SEC Commissioner Michael Piwowar opposed using enforcement as an alternative to rulemaking in a...
Last week, the SEC fined Athena Capital Research, a high frequency trading firm $1 million for...
The SEC plans to ramp up enforcement actions against dark pools according to Bloomberg. According...
Federal Reserve Board Member Daniel Tarullo stated that the Federal Reserve will continue to...
According to A Blessing or a Curse? The Impact of High Frequency Trading on Institutional...
Representatives Patrick McHenry and Scott Garrett, respectively chairs of the House Committee on...
Morningstar’s John Rekenthaler took issue with a Wall Street Journal article that discussed the...
The Modern Markets Initiative, an advocacy group supported by several large HFT firms, released...
Treasury Secretary and FSOC Chair Jack Lew acknowledged that the FSOC had received "a number of...
The Managed Funds Association offered several market structure recommendations in a letter to the...
The Financial Times reports that Google commissioned a study of the feasibility of entering the asset...
In a recent speech, SEC Commissioner Michael Piwowar questioned the utility of requiring a...
The Federal Reserve limited its reverse repo facility to $300 billion per day as of September 22...
A district court judge dismissed a challenge to the SEC’s Political Contribution Rule (better...
The Financial Stability Oversight Council last week posted a new set of frequently asked questions...
A new study from SEC staff examines market quality in small cap stocks. The study, A...
A recent study found that investors flock to volatile performance in the selection of fund...
The SEC has taken interest in PIMCO’s valuation process in its Total Return ETF, according to The...
A new study finds that “a significant element in the profitability of [short selling] is derived...
A new whitepaper issued by Blackrock argues that the secondary market for corporate bonds is...
In a recent paper, a researcher from the University of Arizona examined funds before and after...
The Government Accountability Office (GAO) advocated for greater FSOC transparency in a report...
SEC Chair Mary Jo White stressed the importance of boardroom diversity in a recent speech,...
SEC Commissioner Dan Gallagher called for a holistic review of equity market structure in a speech...
In a recent speech focused on hedge funds the Director of the SEC’s Division of Investment...
The SEC’s tick pilot program will do more harm than good, according to Dave Cummings, CEO and...
The SEC will wrap up its analysis of distribution-related payments by the end of the year,...
The Consumer Federation of America, a non-profit consumer advocacy group, recently issued a white...
As the FSOC continues its focus on the asset management industry – potentially changing its focus...
In the recent 893-page money market fund release (“Release”), the SEC weighed in with valuation...
The white paper On the Impact and Future of HFT examines the attitudes of various market...
A group of trade associations filed a petition with the FSOC to amend the Council’s rules in order to...
The top risks concerning directors are reputation, cybersecurity, and regulatory compliance (aside from...
An upcoming two-day conference hosted by ETF Trends will offer a crash course in ETFs. According...
The SEC’s Division of Investment Management granted no-action relief to a fund seeking to alter a fee...
The SEC approved final rules last week that seek to add a measure of transparency to asset-backed...
The SEC announced a proposal to implement a 12-month long pilot program that would set the minimum tick...
The SEC yesterday finalized rules proposed in May 2011 intended to reform nationally recognized...
Increasing the liability of credit rating agencies would in turn induce credit rating agencies to...
Larry Tabb, founder and CEO of the research firm TABB Group, weighed into the payment for order...
Several news sources recently obtained an internal report by the SEC’s Office of the Inspector...
Recent money market fund reforms giving funds the ability to impose redemption gates and liquidity fees may...
The SEC has launched a sweep focusing on “alternative investment strategies,” according to the...
In a speech last week, Eric Rosengren, the Chief of the Federal Reserve Bank of Boston, called for a...
A new paper finds support for the concept that “merit” plays some role in mutual fund manager...
Professor Asaf Eckstein of Tel Aviv University-Buchmann Faculty of Law examined the potential...
The Municipal Securities Rulemaking Board recently announced the release of the MSRB Education...
The state republican parties of New York and Tennessee filedsuit last week against the SEC,...
Morningstar’s John Rekenthaler pondered the question “[d]o active funds have a future?” and came...
A recent report finds that the culture of compliance is the top priority in trainings conducted by...
Representative Carolyn Maloney, ranking member on the Capital Markets and Government Sponsored...
A group of nine senators urged Treasury Secretary Jack Lew to consider the impact on asset...
A group of eleven senators expressed concern about the speed of rulemaking in a letter to SEC...
The Financial Stability Oversight Council may push regulators to impose more stringent...
The leaders of several exchanges and trading firms recently expressed support for a review of...
The SEC’s Director of the Division of Investment Management, Norm Champ, recently spoke at the...
In a recent speech, Treasury Secretary Jack Lew called on the financial sector to step up efforts on...
Richard Berner, Director of the Office of Financial Research (OFR) at the U.S. Department of the...
Driven by a provision of the Dodd-Frank Act that requires federal agencies to remove references to...
Yesterday, the Securities and Exchange Commission finally reached a conclusion on how it would...
A preliminary version of next year’s Securities and Exchange Commission examination priorities...
In Halliburton v. Erica P. John Fund, the Supreme Court upheld its previous ruling that...
The SEC recently ordered the national securities exchanges and FINRA to develop a pilot program...
The Securities and Exchange Commission will hold an open meeting on July 23 to consider whether to...
The SEC has settled its first case under its authority to bring cases for retaliation against...
The New York Attorney general has alleged that Barclays LX, a dark pool operated by Barclays...
The paper Optimal Disclosure When Some Information is Soft, describes the authors’ belief that current...
In a speech at the Stanford Directors’ College, SEC Chair Mary Jo White shared the SEC’s views on...
As a follow up to her recent speech outlining her plan to address market structure issues, SEC...
A recent client alert from Morgan Lewis outlines the challenges that may lie ahead should SEC...
In his opening statement at the House Financial Services Committee’s hearing “The Annual Report of the...
SEC Commissioner Aguilar recently gave a speech addressing a board’s role in ensuring that...
On July 10 The Clearing House and the Center for Financial Policy at the Robert H. Smith School of...
The House of Representatives has passed a bill containing an amendment that would exempt...
After suspending trading of five different companies within the marijuana industry during the past two...
A recent decision by the 2nd Circuit Court of Appeals has concluded that the SEC’s decision to...
A June newsletter from Weil, Gotshal & Manges LLP focusses on the responsibilities of directors to oversee...
A recent regulatory brief from PwC focused on liquid alternative funds, specifically focusing on...
On June 17, 2014, the Senate Permanent Subcommittee on Investigations, chaired by Senator Carl...
The Chief Economist of the Bank of England, Andrew Haldane, recently gave an address entitled “The age of...
In a recent speech at the NYC Bar Association’s Third Annual White Collar Crime Institute, SEC...
Last week, Timothy Massad was sworn in as chairman of the CFTC. Prior to joining the CFTC, he...
On June 12 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled What Directors Need to...
On June 6, the SEC and Liquidnet agreed to settle charges that Liquidnet used confidential client...
In a recent speech, SEC Chair Mary Jo White outlined her plans to bring market regulation in line with...
Director of the SEC’s Division of Enforcement, Andrew Ceresney, recently gave a speech outlining...
On June 5 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled Top 10 Questions Fund...
State Street Global Advisors (“SSgA”) recently adopted a director tenure policy for investee...
On June 3, the CFTC will host a meeting at its headquarters in Washington, DC from 10 am – 5 pm. A...
At the FSOC’s recent asset management conference, academics and industry participants discussed...
Director of the SEC’s Division of Investment Management Norm Champ, kicked off the FSOC’s recent...
The FSOC held its conference on the Asset Management Industry on Monday, May 19. In her opening...
In a recent letter, Senator Mark Warner, one of the authors of Title I and Title II of...
SEC Commissioner Gallagher recently took an unusual step for an SEC Commissioner by submitting...
Sub-committee chairs from the House Financial Services Committee sent a letter to several members...
The FSOC will hold its public conference on the asset management industry on the afternoon of May...
The FSOC has announced the agenda for the May 19 conference on the asset management industry and...
In March, the SEC staff published reports prepared by the SEC’s Division of Economic and Risk...
Gates, Fees, and Preemptive Runs, a paper published by the Federal Reserve Bank in New York,...
A class-action suit has been filed by the city of Providence, Rhode Island, claiming that dozens...
Last week, the New York Stock Exchange, two affiliated exchanges and its affiliated routing broker agreed...
SEC Commissioner Kara Stein dissented from Commission’s decision to overturn the automatic...
In recent testimony before the House Financial Services Committee, SEC Chair White discussed “the...
On May 14 in New York, EY will host its seventh annual Mutual Fund Seminar. The seminar connects...
On May 2 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled The Situation in Russia –...
Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, recently contributed a blog...
Gregg Berman, Associate Director of the Office of Analytics and Research in the SEC’s Division of...
Morningstar has released its 2014 Stewardship Survey, which provides both “Parent Ratings” and...
The DC Circuit rejected the SEC’s rule requiring companies to disclose whether their products...
On April 9, 2014, a bi-partisan group of 41 members of Congress wrote FSOC Chairman Jacob Lew,...
In a speech at the Mutual Fund Directors Forum’s annual Policy Conference, SEC Commissioner...
The SEC’s Office of Compliance Inspections and Examinations (OCIE) recently issued a risk alert to...
The ICI recently submitted comments to the Financial Stability Board (FSB) on its proposed...
In a recent speech, the SEC’s Deputy Director of the Division of Investment Management, David...
David Larcker, a professor at the Graduate School of Business at Stanford University, and Scott...
Ernst & Young recently released the results of a survey on asset management investment operations. ...
At a recent event at the NYU Law School, New York Attorney General Eric Schneiderman called for...
In a recent speech, Director of the SEC’s Office of Compliance Inspections and Examinations,...
As we reported last Fall, reaction to an OFR report suggesting that the asset management industry...
In a recent speech, SEC Chair Mary Jo White reiterated her commitment to enforcement as a...
A new academic paper examines the effects of team portfolio management on fund performance. The paper...
A survey by the FINRA Investor Education Foundation found that millenials (those born between 1978...
On March 28, the FSOC announced that it would host a conference on the “asset management industry and its...
A recent Dechert article summarizes recent fund industry litigation. The article notes that due to...
A recent survey by the Employee Benefit Research Institute studied the response of defined...
E&Y has published a report aimed at informing boards about emerging cyber security risks and what those...
Yesterday, the SEC staff published certain analyses conducted by the SEC’s Division of Economic and...
A recent paper, Scale and Skill in Active Management, finds that as the mutual fund industry...
In his keynote address at the Mutual Fund and Investment Management Conference, Director of the SEC’s...
In his remarks at the Mutual Fund and Investment Management Conference, ICI President and CEO Paul...
SEC Commissioner Daniel Gallagher directed his speech at PLI’s 2014 SEC Speaks conference directly...
The PCAOB will hold a meeting on April 2 and 3 to hear further thoughts on the Board’s proposal...
In February 2013, President Obama signed an executive order requiring, among other things, the...
At PLI’s SEC Speaks conference, the SEC’s Chief Accountant, Paul Beswick, gave a presentation...
In the recent case Lawson v. FMR, the Supreme Court found that a fund adviser can be held liable...
Communication and Decision Making in Corporate Boards, a forthcoming paper, seeks to identify the...
In a recent IM Guidance Update, the staff of the SEC’s Division of Investment Management...
In late February, the Supreme Court addressed the ability of the victims of securities fraud to bring...
In her first speech as a commissioner at SEC Speaks, Commissioner Stein discussed the SEC’s...
In a recent speech, SEC Commissioner Aguilar called for the public and private sectors to work...
At PLI’s annual SEC Speaks conference, SEC Chair Mary Jo White provided an update on the state of...
In a recent speech FINRA Chairman and CEO, Richard Ketchum, discussed the steps FINRA is taking to...
The SEC recently announced plans to hold a cybersecurity roundtable at its DC headquarters on...
Asset Management 2020: A Brave New World is a new publication by PwC that paints a picture of what...
In early February, BATS Global Markets, Inc. (BATS) and FINRA announced an agreement to provide FINRA...
On February 20 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled Board Oversight of...
SEC Commissioner Stein discussed market structure issues in a recent speech. She provided an...
In a recent paper, John Coates, a professor at Harvard Law School, questions the benefit of...
The SEC recently released its strategic plan for 2014-2018. The document outlines the agency’s...
In a recent speech, SEC Commissioner Aguilar addressed the need to protect retirees. He cited a...
On February 12 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled 2014 Federal...
The SEC recently charged Mark Grimaldi, a money manager, and Navigator Money Management (NMM), for...
According to a Wall Street Journal report, the Public Company Accounting Oversight Board...
In a letter to Treasury Secretary Jacob Lew dated January 23, 2014, five Senators expressed their...
Information gaps between management and a board, known as “information asymmetry,” can pose a risk to...
KPMG’s Audit Committee Institute surveyed audit committee members from more than 34 countries to...
A recent academic paper, The Value of Corporate Culture, explores whether corporate integrity and...
In a recent speech at the U.S. Chamber of Commerce, SEC Commission Piwowar discussed his...
In a speech at the 41st Annual Securities Regulation Institute, SEC Chair Mary Jo White discussed...
In a letter to the Secretary of Labor, 30 members of the New Democrat Coalition expressed concern...
The Financial Stability Board (FSB) and the International Organization of Securities Commissions...
Today, the Mutual Fund Directors Forum released Board Oversight of Alternative Investments, in...
In late December, the SEC adopted amendments eliminating references to credit ratings in certain...
Recently, the staff of the SEC’s Division of Investment Management issued guidance suggesting...
On January 21 from 2 – 3:00 pm Eastern, the Forum will offer a webinar titled New Disclosures in...
In December 2013, the Chief Accountant of the Securities and Exchange Commission, Paul Beswick,...
On January 22, 2014 from 2:00 – 3:00 Eastern, NICSA will host a webinar focusing on the “big...
A recent Deloitte report analyzes employees with “passion” – a type of worker essential to...
The SEC has released a list of its examination priorities for 2014, covering areas the SEC staff...
The Forum has released a list of what it sees as the "top 5" issues that fund boards will likely...
In his last public speech as CFTC Commissioner, Gary Gensler reflected on the CFTC’s...
The SEC recently held a Proxy Advisory Services Roundtable with a two part agenda. The first part of...
On Wednesday, January 8 at 2:00 pm Eastern, the Forum will host a webinar discussion of the recent...
Recent Merrill Lynch research found, that while gender differences among investors exist, that...
The most recent lawsuit claiming that fund advisers keep too much of a fund’s advisory fee when an...
On December 17, the SEC announced that its 2013 enforcement program resulted in a record $3.4...
In a December 9 speech at the 2013 ICI Global Trading and Market Structure Conference in London,...
KPMG has published a list of Audit Committee priorities for 2014, highlighting issues that firm...
On November 22, SEC Commissioner Michael Piwowar gave a speech before the Los Angeles County Bar...
Earlier this week, the SEC and the other financial regulators issued final rules implementing the...
New SEC Commissioner Kara Stein recently gave a speech to the American Bar Association’s Federal...
U.S. Treasury Secretary Jacob L. Lew, in a recent speech to the Pew Charitable Trusts Foundation, provided...
The SEC’s Director of the Division of Investment Management, Norm Champ, discussed the role of...
On November 21, 2013, the SEC’s Office of Credit Ratings submitted its Credit Rating Independence Study...
The next Forum webinar, Board Oversight of Closed-End Funds, will take place on Thursday, December 5 at...
Last week, the SEC charged Ambassador Capital Management and Derek Oglesby for repeatedly making...
A group organized by the Center for Audit Quality has released a “Call to Action” designed to...
High profile District Court Judge Jed Rakoff recently gave a speech in which he explored theories on...
In a speech on November 14, SEC Chair Mary Jo White discussed “the importance of trials and their...
In a recent speech, SEC Commissioner Aguilar discussed how the SEC has strengthened its...
The SEC’s Division of Investment Management recently issued guidance expressing the staff’s...
On Tuesday, November 19 at 2:00 Eastern, the Forum will host a webinar discussing trends in the...
The CFTC recently proposed new regulations to set position limits for derivatives as required by...
A profile of SEC Chair Mary Jo White appeared in the November 11, 2013 issue of The New Yorker. ...
The SEC has announced that its staff will hold a roundtable on December 5 “to discuss the use of...
As we first told you about last month, the SEC requested that the public comment on a report...
On Tuesday, November 12, the Forum will host a webinar discussion on CCO Compensation. Meyrick Payne...
The CFTC recently issued final rules requiring future commission merchants (“FCM”) to adopt risk...
In a recent speech, SEC Commissioner Daniel Gallagher discussed the need for the agency to set...
A recent survey of corporate treasurers indicated that companies investing in money market funds...
On October 29, the CFTC issued an order settling charges that the agency brought against...
On October 29, the House passed a bill that would delay agency rulemakings extending the fiduciary standard...
On October 30, the Forum published Practical Guidance for Fund Boards: Board Governance and Review of...
An October 2013 paper, Equivalent Cost for Equivalent Benefits: Primary DC Plans in the Public...
Six federal financial regulatory agencies, including the SEC, have proposed joint standards for...
The SEC has proposed for comment rules that would implement requirements in the Jumpstart Our...
On Thursday, October 31, the Forum will host a webinar discussion with two members of the staff of...
Republican Sens. John Thune and Pat Toomey today asked SEC Chair Mary Jo White to set aside a...
A recent survey by BDO, USA LLP found that more than two-thirds of corporate directors surveyed...
Since the US Government shutdown on October 1, the Securities and Exchange Commission has been...
SEC Chair Mary Jo White continued to highlight the agency’s enforcement priorities programs during her...
In her latest column, Weil, Gotshal & Manges partner Holly J. Gregory examines the role of board...
The Forum has launched an online database to help link fund boards with qualified independent...
Dechert LLP is hosting its inaugural Global Alternative Funds Symposium on Thursday, October 24 in...
The Office of Financial Research within the Treasury Department has published a study containing...
In September 2013, Senators Toomey (R-PA) and Manchin (D-WV) introduced a bill to prevent the...
In remarks given at a recent conference, SEC Chair Mary Jo White emphasized how she believes a...
The latest Deloitte survey on fair valuation shows that recent SEC enforcement interest in...
In its 11th annual corporate governance report, Shearman & Sterling surveyed 100 of the largest US public...
On September 18, the SEC voted 3-2 to propose a new rule that would require public companies to...
On September 16, the Forum submitted a letter responding to the SEC’s recent proposal to reform...
On September 12, the presidents of the 12 regional Federal Reserve banks submitted a letter to the SEC...
The SEC’s Office of Compliance Inspections and Examinations has released an risk alert on business...
Earlier last week, Interactive Data released the results of its 2013 Fair Value Practices Survey,...
On August 28, BlackRock won the dismissal of a lawsuit that accused the company of collecting...
The SEC today announced a settled action against a portfolio manager for forging documents and...
Earlier this month, the CFTC issued a final rule on harmonizing compliance obligations for funds...
After yesterday’s Nasdaq trading outage, the SEC Chair Mary Jo White released a statementsaying...
On August 21, the SEC announced charges against Chariot Advisors LLC and Elliot L. Shifman, former owner...
The growth of ETFs in recent years has been nothing short of spectacular, with total assets in...
The Securities and Exchange Commission announced that two newly confirmed commissioners have now...
The Public Company Accounting Oversight Board has released for public comment a new auditing...
The Commodity Futures Trading Commission issued a final rule today regarding compliance...
Treasury Strategies, a consulting firm, has recently launched a free online calculator to enable...
An appeals court has affirmed a ruling in a class action case dismissing an excessive-401(k)-fee...
A Deloitte survey released in July 2013, entitled Global Risk Management Survey, explores the...
The IRS has proposed the adoption of a new Revenue Procedure, which would mitigate some of the tax...
On August 3, Kara Stein and Michael Piwowar began their terms as SEC Commissioners. Stein,...
The Association for Financial Professionals (AFP) has issued its 2013 Liquidity Survey, which...
In July 2013, the Coase-Sandor Institute for Law and Economics at the University of Chicago Law...
On July 30, Mary Jo White, Chair of the U.S. Securities and Exchange Commission and Gary Gensler,...
Last week, the Center for Capital Markets at the US Chamber of Commerce released a report prepared by...
On July 15, the Gibson Dunn law firm released a memo to its clients titled Directors and Officer...
On June 12, 2013, the SEC formally announced its second whistleblower award to three individuals. While...
A Court of Appeals ruled against the SEC recently in a case alleging that Jilaine Bauer, the...
On July 22, the 2nd U.S. Circuit Court of Appeals affirmed a ruling that had rejected a lawsuit by...
The SEC’s Division of Investment Management recently issued a guidance focusing on money market...
As alternative products continue steady growth in the mutual funds industry, SEI has released The...
Republicans on the House Committee on Oversight and Government Reform have expressed concern that...
On July 16, the SEC announced the schedule for its upcoming Compliance Outreach Program regional...
Following the SEC’s settlement with the Regions Morgan Keegan board, valuation is one of the top...
During the Society of Corporate Secretaries & Governance Professionals’ National Conference on...
Wednesday, the SEC voted to lift the ban on hedge fund advertising, as mandated by the JOBS Act. ...
On July 2, the U.S. Securities and Exchange Commission announced three new initiatives designed to...
With the steady rise in use of social media in the fund industry, FINRA enacted two new...
The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, July 10 to consider...
On July 8, the U.S. House of Representatives voted 321-62 on a measure to amend Sarbanes-Oxley Act to...
The eighth annual Survey of Mutual Fund Chief Compliance Officer Compensation and Organizational...
The GovernanceMetrics International’s 2013 GMI Ratings Women on Boards survey indicate that...
On June 7, John Walsh, a partner at Sutherland Asbill & Brennan, urged SEC Chair Mary Jo White in...
Earlier this month, Norm Champ, director of Investment Management Division at SEC, stated that the...
Today, the Court of Appeals for the DC Circuit upheld CFTC Rule 4.5, which requires most funds...
As we have previously noted, in early June the SEC formally unveiled its money market reform...
On June 19, the House Financial Services Committee passed the Audit Integrity and Job Protection...
SEC Commission chair Mary Jo White has said publicly that in some cases the SEC plans to push for...
The SEC’s recent proposal for the money market fund reform should be the subject of House hearing...
In response to increased attention on valuation by the SEC, including the Morgan Keegan case,...
Yesterday, the SEC issued a settlement of the case it brought last December against eight former...
As we and others have noted, investors are increasingly moving assets into funds offering...
On June 4, the Financial Industry Regulatory Authority (FINRA) ordered Wells Fargo Advisors LLC...
Yesterday, the Securities and Exchange Commission unanimously voted to propose structural reforms...
On June 3, the Forum sent a letter to Norm Champ, the Director of the SEC’s Division of Investment...
As the Securities and Exchange Commission prepares to release new proposed reforms for money...
The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, June 5 to consider...
In a somewhat unusual public statement, Commissioner Troy Paredes congratulated Michael Piwowar...
President Barack Obama has nominated Kara Stein and Michael Piwowar to serve as commissioners of the...
The SEC has charged Institutional Shareholder Services Inc. (ISS) for failing to safeguard the...
The influence of proxy vendors is waning, according to a Wall Street Journal article. Firms like...
In advance of anticipated SEC rule changes that would require institutional money market funds to...
The Supreme Court agreed to consider whether the Sarbanes-Oxley Act whistleblower protections...
SEC Chairman Mary Jo White testified in front of the House Financial Services Committee yesterday. In...
Moody’s analysts are predicting that the money market fund reform proposal being considered by the SEC...
The House of Representatives is expected to vote soon on legislation that would impose additional...
Details on the draft money market fund proposal being considered by the SEC are starting to...
Bruce Karparti is leaving his post as chief of the SEC Enforcement Division’s Asset Management Unit to...
SEC Chairman Mary Jo White testified for the first time in front of Congress yesterday. In her...
News outlets are reporting that the SEC staff has internally circulated a 500-page draft rule that would...
On Monday, May 6th the Court of Appeals for the District of Columbia Circuit held oral argument in...
According to news reports, the SEC’s money market fund reform proposal may only require prime...
The Northern Lights fund trustees have settled SEC charges regarding materially untrue or...
A recent Journal of Finance article evaluated how successful the Asset-Backed Commercial Paper...
The FSOC’s 2013 Annual Report states that the council will not issue final recommendations on...
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
Ernst & Young is hosting its annual Mutual Fund Seminar on Tuesday, May 7 in New York. The program...
In an interview with Reuters, SEC Investment Management Division Director Norm Champ discussed...
Legislation intended to let states collect sales taxes on online sales transactions could also...
New legislation introduced by Congresswoman Maxine Waters, Ranking Member of the House Financial...
SEC Chairman Mary Jo White will name a trusted former colleague, Andrew Ceresney, to be her...
When issuing new joint identity theft rules earlier this month, the CFTC and SEC clarified that a...
The SEC will likely suggest a floating NAV for prime money market funds when it releases its...
Boardmember.com recently published an interesting article on how boards can assess and increase...
The SEC’s Investment Advisory Committee has recommended five changes to the proposed rule on...
The SEC and the CFTC have jointly adopted rules requiring certain entities, including investment...
A money market fund reform proposal is expected from the SEC in the next two months, according to...
Mary Jo White was sworn in yesterday as the 31st Chair of the SEC. Chairman White comes to the SEC...
A recent Wall Street Journal article asked four mutual fund and investing experts: What do you...
Yesterday, the Senate confirmed SEC nominee Mary Jo White by unanimous consent. She is expected to be...
The Center for Audit Quality has released a new video, “Fighting Fraud,” that addresses how...
A recent report from the SEC makes clear that companies can use social media outlets like Facebook and...
The Forum's annual Policy Conference, held in Washington DC on April 10-11, 2013, brings...
Davis Polk has issued a client memo titled “An Asset Manager’s Guide to Swap Trading in the New...
Portfolio manager turnover often raises a red flag to investors, but sometimes can actually be a...
Current Senate Banking Committee Chairman Tim Johnson (D-SD) has announced that he will not seek...
The former directors of the Regions Morgan Keegan funds have agreed to settle with the SEC over...
In a recent Financial Times article, Robert Pozen and Theresa Hamacher argue that new regulations need...
According to the Wall Street Journal, the Morgan Keegan valuation case may be a sign that the SEC...
Carlo di Fiorio, director of the SEC Office of Compliance Inspection and Examinations, spoke...
The Senate Banking Committee has approved the nomination of Mary Jo White to become the next chair...
The role of fund directors was a focus of a recent speech by Norm Champ, Director of the SEC...
Michael Piwowar, the chief Republican economist for the Senate Banking Committee, is being vetted...
The U.S. Chamber of Commerce has issued a report highlighting the benefits of cost-benefit...
Sutherland has issued a legal alert summarizing selected sessions from “The SEC Speaks in 2013.” SEC...
Norm Champ, Director of the SEC Division of Investment Management, recently outlined his short and...
The Senate Banking Committee held confirmation hearings yesterday on Mary Jo White’s nomination to...
The Forum's annual Policy Conference will be held in Washington DC on April 10-11, 2013. The...
The SEC will begin an exam sweep of mutual fund distribution fees, including 12b-1, sub-transfer...
SEC staff have reportedly met with IRS officials to discuss tax implications if money market funds were...
A recent paper found that the “invisible” costs of fund trading, which are not reflected in the fund...
Oral argument in the case challenging a CFTC rule affecting funds has been scheduled by the Court...
In a decision that will limit the SEC’s ability to obtain fines in actions alleging fraud, the...
Funds using alternative investment strategies are a rising focus of the SEC, according to Andrew...
The Senate is expected to hold confirmation hearings on March 11 regarding the nomination of Mary...
In a speech last week, SEC Commissioner Daniel Gallagher criticized the existence of the Financial...
The SEC Office of Compliance Inspection and Examinations (OCIE) has released its examination...
A recent paper analyzes the potential effects of a proposed Department of Labor (DOL) rule that...
Active mutual fund managers are becoming less “active,” according to research reported in an...
A recent Morningstar paper found that changes to ETF premiums could be predicted with a good...
Senator Tom Harkin (D-IA) and Congressman Peter DeFazio (D-OR) are planning to reintroduce The...
The Presidents of all 12 Federal Reserve Banks support enacting reforms for money market funds,...
The National Bureau of Economic Research recently studied whether mutual fund families acting as...
The New York Federal Reserve Bank has issued a staff report asserting that money market funds...
On February 8, 2013, the Forum filed a comment letter with the Financial Stability Oversight...
On February 6, the Forum filed an amicus briefin the lawsuit over recent changes to CFTC’s Rule 4.5...
A recent academic study looks at how sales loads and revenue sharing affect fund inflows and...
Money market fund inflows have sharply increased since the expiration of FDIC guarantees for...
In comments to the press, both SEC Chairman Elisse Walter and Commissioner Daniel Gallagher...
Fund Directions has announced that Carl Frischling will receive the Lifetime Achievement Award at...
Forbes recently published a detailed profile of the ETF industry. Although the largest sponsors are...
BlackRock and the independent directors of the iShares funds are being sued over allegedly...
A recent Morningstar article discussed what it means for consumers now that several large fund...
Dechert has issued a legal update summarizing a recent court decision that applied a stricter...
Yesterday, President Obama announced that he would nominate Mary Jo White as the next SEC...
Bruce Bent and his son, managers of the Reserve Primary Fund that broke the buck in September...
Bloomberg reported that the U.S. Consumer Financial Protection Bureau (CFPB) is considering...
In comment letters to the U.S. Financial Stability Oversight Council (FSOC), Vanguard and the...
During the question and answer follow up to a speech last Wednesday, SEC Commissioner Daniel...
Several money market funds have announced that they will start disclosing their market-based NAV...
Investors are shifting large amounts of money from actively-managed funds to lower-cost index...
The SEC has announced that Enforcement Director Robert Khuzami will leave the agency after nearly...
Sullivan & Cromwell has issued a helpful summary of a new auditing standard regarding...
Broker-dealer LPL was fined $400,000 by FINRA for failing to implement and maintain adequate...
Former Evergreen portfolio manager, Lisa Premo, has been found by an SEC Administrative Law Judge to have...
The Chamber of Commerce and the ICI are appealing the District Court decision that upheld a CFTC...
On December 10, 2012, the SEC filed an order instituting enforcement proceedings against eight...
A federal judge recently refused to dismiss a complaint against Hartford Investment Financial...
On December 19, the SEC announced charges against the investment advisory firms and portfolio...
At a recent speech, Norm Champ, the Director of the SEC Division of Investment Management,...
The SEC plans to ask a federal judge for a new trial against Bruce Bent Sr. and Bruce Bent II,...
Federated has asked the Financial Stability Oversight Council (FSOC) to fix inconsistencies in its...
Last week, the U.S. District Court for the District of Columbia issued a ruling rejecting the...
Following the release of an SEC study on money market funds, SEC Commissioner Luis Aguilar told...
Yesterday, the SEC announced charges against eight former independent directors of the Regions...
The SEC staff is lifting its moratorium on approving exemptive requests for actively-managed ETFs...
A recent Wall Street Journal article profiles the use of portfolio pumping, especially by...
Congressman Tom Price (R-GA) has introduced a bill that would make it more difficult for foreign...
Global banks are rediscovering the appeal of the asset management business, according to a recent...
A recent Pensions&Investments column urges defined contribution plan sponsors and consultants to use...
Last Thursday, Congressman Barney Frank (MA-D) and Congressman Mike Capuano (MA-D) introduced...
The SEC announced that it filed 734 enforcement actions in the fiscal year that ended September...
Two SEC Commissioners have voiced concerns over the proposed rule that would lift the ban on...
The SEC has announced that SEC Chairman Mary Schapiro will step down from her position on December 14,...
According to a new study by Fitch, money market funds are significantly more liquid now than they...
The SEC Division of Investment Management staff recently issued guidance on combining separate...
K&L Gates has released its “2012 Election Guide: A Guide to Changes in Congress.” The guide is...
The Congressional Budget Office (CBO) has released a report titled “Choices for Deficit Reduction”...
On November 28th at 9:00 a.m., the Mutual Fund Directors Forum and the Center for Financial Policy at the...
Yesterday, the Financial Stability Oversight Council (FSOC) voted to release a money market fund...
Norm Champ made his first public speech as the Director of the SEC Division of Investment...
The Financial Stability Oversight Council (“FSOC”) is set to meet tomorrow (Nov. 13) at 2:30 p.m....
On November 5, the U.S. Chamber of Commerce sent a letter to Treasury Secretary Timothy Geithner...
The SEC has announced that it will extend filing deadlines for those affected by Hurricane Sandy and...
More than 1,500 hedge fund advisers have registered with the SEC since the Dodd-Frank Act was...
According to the Wall Street Journal, approximately 300 closed-end bond funds are trading at a...
Thomas P. Vartanian, chair of Dechert LLP’s Financial Institutions practice, has sent a letter to...
Officials from several mutual fund operators, including BlackRock and Fidelity, met with the SEC...
MFWire is following the Reserve Primary Fund’s trial by updating a living timeline and providing...
On October 16th, Institutional Shareholder Services (ISS) proposed updates to its proxy voting...
MFWire has published a living timeline detailing the collapse of the Reserve Primary Fund in 2008...
According to a recent Bloomberg article, Chairman Schapiro is tired of the late nights and...
A recent paper, "From Independence to Politics in Financial Regulation," finds that new laws in...
In early October, the International Organization of Securities Commissions (IOSCO) published a...
Researchers at the Federal Reserve of New York have spoken out in support of a money market fund...
The SEC is scrutinizing brokerage and advisory firms to see whether “enough resources have been...
Seven organizations, including the Forum, interested in corporate governance issues have...
In a recent speech, Federal Reserve Governor Daniel Tarullo publically voiced his concern that...
A recent USA Today column asks: When are there too many ETFs? The author asserts that although...
The civil fraud trial against money market fund creator Bruce Bent and his son began yesterday. The...
BlackRock has released its own proposal for money market fund reform which would impose circuit...
Last Friday, a federal district court heard arguments on whether to strike a CFTC rule that would...
The US Supreme Court has agreed to hear an appeal by two Gabelli executives who claim the SEC...
PwC recently released its annual corporate directors survey on board room practices and...
NICSA has written a white paper that reviews evolving best practices for oversight of fund omnibus...
A federal judge has ruled that the holder of a variable annuity has standing to bring a claim...
One of the Commissioners who opposed SEC Chairman Mary Schapiro’s money market fund reform...
Treasury Secretary Timothy Geithner has written a letter asking the members of the Financial...
In a recent Wall Street Journal op-ed, SEC Chairman Mary Schapiro called on the Financial...
In a recent speech, Commissioner Gallagher described the increased volume and pace of agency rulemaking...
Senator Bob Corker (R-TN), a member of the Senate Banking Committee, has urged the SEC...
A new study by the Center for Audit Quality shows that almost two-thirds of individual investors...
A recent report by Cogent Research finds that while advisors currently use mutual funds more than...
A recent Reuters column discusses the current status of IRS private letter rulings (PLRs) that allow...
The SEC recently settled an administrative proceeding against two investment advisory firms and their...
Shearman & Sterling has released its annual surveys regarding governance and compensation...
On August 14th, the CFTC staff issued several responses to frequently asked questions regarding the new...
In an interview with the Associated Press, Vanguard founder John C. "Jack" Bogle expressed his...
The Mutual Fund Directors Forum today released a special report, "Practical Guidance for Fund...
In the wake of SEC Chairman Mary Schapiro's announcement that the SEC will not be voting on a...
SEC Commissioner Daniel Gallagher and SEC Commissioner Troy Paredes have offered an alternative to...
In a recent statement, SEC Commissioner Luis Aguilar explained why he opposed submitting SEC...
Advancing Fund Governance will hold its 2012 annual gathering on September 13-14, 2012 in...
In a joint comment letter recently filed with the SEC, a dozen organizations highlighted the...
The Public Company Accounting Oversight Board has adopted a new Auditing Standard No. 16, entitled...
Yesterday, SEC Chairman Mary Schapiro announced that the SEC will not hold a vote on issuing a...
The Public Company Accounting Oversight Board, or PCAOB, has issued a guide to assist members of...
KPMG has issued a Roundtable Report entitled "Is Governance Keeping Pace?" The report discusses how...
Sheila Bair, former chair of the Federal Deposit Insurance Corporation (FDIC) and current chair of...
The SEC has charged an investment manager and his firm for failing to provide a fund's Board with...
A recent study by the Federal Reserve Bank of Boston identified at least 21 money market funds that...
The Financial Times recently reported that the number of European mutual funds is shrinking as...
The SEC has compiled a list of 155 money market funds that obtained SEC staff permission to...
On August 29th the SEC plans to vote on whether to propose money market reform, according to the...
FitchRatings recently reported that money market fund exposure to eurozone banks fell by 33% from...
A recent study by the Credit Suisse Research Institute finds that companies with women on their...
On August 2nd, the Deputy Director of the Division of Investment Management at the SEC, Robert E....
Federated has filed a new comment letter with the SEC opposing potential money market fund...
A recent report by State Street and the TABB Group discusses where the investment community stands on...
The Center for Audit Quality, or CAQ, has released a lighthearted video giving an accessible...
At a Senate Banking Committee hearing last Thursday, US Treasury Secretary Timothy Geithner...
Senators Jack Reed (D-RI) and Chuck Grassley (R-IA) are introducing legislation to strengthen the...
On June 29, 2012, Boston Fed President Eric Rosengren spoke about whether US financial structures...
In its 2012 annual report, the Financial Stability Oversight Council (FSOC) endorsed SEC Chairman...
The SEC recently voted to require the national securities exchanges and FINRA to establish a...
According to a recent study by NERA Economic Consulting, the SEC is on pace to settle with more...
In a recent letter, a bipartisan group of Congressmen have requested that the Financial Stability...
Melanie Fein, a former senior counsel to the Board of Governors of the Federal Reserve System, has...
Bob Plaze, a senior SEC official in the Division of Investment Management, has provided additional details on...
A Morgan Stanley subadviser has agreed to pay $1.6 million to settle SEC charges that it collected...
MorningstarAdvisor recently conducted an interview with Susan Ferris Wyderko, President and CEO of...
Norm Champ has been announced as the next Director of the SEC's Division of Investment Management. ...
A group supporting the CFTC in its ongoing litigation over the implementation of CFTC Rule 4.5,...
The CFTC has responded to the allegations in the lawsuit filed by the Chamber of Commerce and the ICI...
During his speech at the Forum's 2012 Policy Conference, CFTC Commissioner Bart Chilton criticized the SEC...
A staff proposal for money market fund reform was circulated to the SEC Commissioners on June...
On June 21st, the Senate Banking Committee held a hearing entitled "Perspectives on Money Market...
Morningstar and Barron's recently released the results of the sixth annual survey regarding the...
Peter J. Wallison of the American Enterprise Institute has written an article entitled, "Does...
In a recent speech, Craig Lewis, Chief Economist and Director of the SEC's Division of Risk,...
The Mutual Fund Directors Forum today released a special report, "Practical Guidance for Fund...
On Monday, June 18, 2012 the Forum's Policy Conference kicks off with a reception celebrating the...
The Securities and Exchange Commission has announced that Eileen Rominger, Director of the...
Ernst & Young and Greenwich Associates recently conducted a survey of 44 asset management...
In recent testimony before the House Committee on Financial Services, FINRA Chairman and Chief...
The Davis Polk law firm has issued its "Mid-Season Update on the 2012 Proxy Season," noting that the...
In a recent speech to the AICPA, SEC Commissioner Troy Paredes discussed, in part, the importance...
Former Treasury Secretary Henry Paulson has weighed in with advice for SEC Chairman Schapiro on...
On May 22, SEC Chairman Mary Schapiro gave testimony before the Senate Committee on Banking,...
Please join us on June 18, 2012 for a reception celebrating the retirement of Allan Mostoff, the...
On May 22, CFTC Chairman Gary Gensler (along with SEC Chairman Mary Schapiro) testified before the...
On May 25, 2012, the Forum filed a "friend of the court" brief in a lawsuit brought by the ICI and the...
The Investment Company Institute (ICI) and the Chamber of Commerce (Chamber) recently filed a...
In a May 17 letter to Ben Bernanke, Melanie Fein, a former senior counsel to the Board of...
In a recent speech, CFTC Commissioner Bart Chilton discussed the difficulties litigation poses for...
At a recent open meeting of the CFTC, CFTC Chairman Gary Gensler announced that a staffer from the...
In 2012 the Forum issued a report entitled Practical Guidance for Directors on the Oversight of...
A coalition of 15 trade associations representing the retirement plan community, including...
The Forum's annual Policy Conference, held in Washington DC on June 19-20, 2012, brings...
As previously reported, the Technical Committee of the International Organization of Securities...