News

February 17, 2021

Recent legislation codifies the SEC’s ability to obtain repayment of illegally gotten gains and pursue other forms of relief against securities laws violators.

February 16, 2021

Experts from Dechert will discuss the recently modernized regulatory framework for fund of funds arrangement.

February 11, 2021

Harvard Business School and the Executive Leadership Council announced a collaborative effort to provide enhanced programming opportunities for recipients of the Executive Leadership Council’s scholarships and executive education opportunities for senior black executives in corporate America.

February 10, 2021

The researchers observed that retirement plans are among the most important distribution channels for mutual funds and that in 2018, mutual funds managed more than 60% of the $5.2 trillion invested in 401(k) plans.

February 9, 2021

Acting SEC Chair Allison Herren Lee along with SEC commissioners issued a release, stating in part the SEC “will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws.”

February 8, 2021

The U.S. Treasury report states that the market stresses and significant outflows experienced last March by prime and tax-exempt money market funds highlights the need for further regulatory reforms.

February 4, 2021

Directors may see different approaches on which lawyers are in the boardroom based upon facts and circumstances of the individual fund complex, the size and complexity of complex, level of resources, and historical practice.

February 3, 2021

Lawyers caution that the court decision is an important reminder that, outside directors may want to avoid using their work email accounts to send or receive board materials that otherwise may be privileged.

February 2, 2021

Join Thoreau Bartmann, Senior Special Counsel, Rulemaking in SEC’s Division of Investment Management; Paul Kraft, a partner at Deloitte; and Paulita Pike, a partner at Ropes and Gray for an overview of the SEC’s recently adopted rule on Good Faith Determinations of Fair Value. The webinar will broadcast live from 2 pm - 3 pm (ET).

February 1, 2021

A report in the Financial Times explores the state of mergers and acquisitions in the asset management industry and predicts that investors want to see more firms joining together in 2021.

January 28, 2021

Among challenges EY lists are: the lack of generally accepted reporting standards; lack of quality ESG data, and lack of compliance with evolving ESG-related laws and regulations.

January 27, 2021

Jamila Abston and Marc Saidenberg from EY will discuss the key drivers of impact for the mutual fund industry in the new administration. The webinar will broadcast live from 2 pm - 3 pm (ET).

January 26, 2021

The comment letter proposes that “all fund shareholder reports include a statement about the role that the board plays in protecting their interests.”

January 25, 2021

The survey rated corporate boards on their interactions with management, expertise and performance, and a range of other topics that could be helpful to fund boards as they seek to improve their boardroom dynamics in the coming year.

January 22, 2021

In this 13-minute video, Seward & Kissel and BBD experts discuss auditor independence and the new valuation rules.

January 21, 2021

On January 27, 2021 at 11 a.m. experts from Deloitte will discuss how the investment management industry dealt with and responded to the challenges of 2020.

January 20, 2021

This webinar will discuss the trends driving changes in the fund distribution and the implications for asset manager leadership and director oversight. This webinar will be broadcast live at 2:00pm ET on Thursday, January 21st, 2021.

January 19, 2021

The lawyers reviewed how fund sponsors contemplating a conversion may need to inform and advise fund directors on these conversions.

January 18, 2021

The unique events of 2020 have been met with a sense of urgency by asset managers, this presentation identifies the trends driving these changes, plus the implications for asset manager leadership and the directors conducting oversight.

January 15, 2021

Media reports say Gensler may be favored among liberal Democrats because of Gensler’s record of enforcement actions and his work on overhauling derivatives market rules under the Dodd Frank Act.