News

November 4, 2021

Under the initiative, participating Marsh clients will engage with select international law firms to independently review, evaluate, and, in some cases, bolster their ESG frameworks.

November 3, 2021

According to media reports, more than 20 million shares of the ProShares Bitcoin ETF traded on its first day.

November 2, 2021

Panelists will provide some clarity around the largely positive data on the performance, expenses, and pricing of ESG products in the markets.

November 1, 2021

The staff also looked at fund governance practices, particularly as they relate to the deliberative processes utilized by funds and boards when overseeing compliance programs.

October 28, 2021

The report notes, for instance that 74% of survey respondents feel that the industry is “somewhat committed” or “committed” to making changes to improve DEI in the next year. The survey also reported that 43% of respondents in 2020 felt that their organization was successful in achieving a good diversity balance in all positions.

October 27, 2021

“January’s events gave us an opportunity to consider how we can further our efforts to make the equity markets as fair, orderly, and efficient as possible,” said SEC Chairman Gary Gensler.

October 26, 2021

The Forum is offering an ESG webinar series with three panels to address the different facets of ESG funds and governance.

October 25, 2021

The proposal would reverse a Trump administration rule that made it more difficult for 401(k) plans to offer investments based on ESG factors.

October 22, 2021

Partners from K&L Gates and other speakers will discuss the SEC’s derivatives rule and related compliance and risk management framework for investment advisers that use derivatives as part of their investment strategies in this webinar on Monday October 25, 2021 at 10 a.m.

October 21, 2021

Financial crime involving digital payments and cryptocurrency are on the rise and having the greatest impact on increasing financial crime compliance costs, the study reports, and new regulations specific to digital transactions and currency will continue to add pressure and compliance cost to financial institutions.

October 20, 2021

Commissioners Lee and Crenshaw stated that these products can pose significant investor protection issues and, in periods of market stress or volatility, may contribute to broader systemic risks.

October 18, 2021

In terms of overall AUM growth, 2020 emerged as the second-best year since the financial crisis, and total AUM reached an all-time high of $115 trillion for the global asset management industry.

October 14, 2021

The report observes that the EU has been a first mover in taking a more expansive and prescriptive approach to ESG disclosures but that the US and Asia are also moving on ESG-related disclosure requirements.

October 13, 2021

The SEC suggested that investors may not have adequate transparency when funds do not cast votes because their securities are out on loan.

October 12, 2021

Christopher Healey and Jasmin Ali from Simpson Thacher will provide an overview of BDCs from the board perspective. The webinar will broadcast live from 2 pm - 3 pm (ET).

October 11, 2021

Panelists from regulatory agencies, cybersecurity organizations and leading US companies join EY cybersecurity leaders in a series of webinars aimed at directors to address top issues in cybersecurity.

October 7, 2021

Where can newer directors obtain news and information on the fund industry and governance thought leadership?

October 6, 2021

Russ Kinnel discussed the types of funds most likely to stop accepting new investors in 2021, the reasons why funds may close to new investors, and trends in these closings.

October 5, 2021

The objective of the survey is to gather data on current and emerging cybersecurity trends, policies, and challenges across the financial services industry to help inform organizations’ 2022 cyber investments and policies.

October 4, 2021

AMAC’s private equity subcommittee recommend that the SEC consider permitting retail investors access to a wider range of private investments and that sufficient investor protections be put in place via the registered investment fund framework.