News

November 3, 2020

The SEC said the final amendments modernize the rules and more effectively focus the analysis on relationships and services that may pose threats to an auditor’s objectivity and impartiality.

November 2, 2020

The staff observed that smaller firms faced challenges in devoting internal personnel or hiring outside counsel to comment on Commission proposals and determining how to comply with new requirements.

October 29, 2020

Individual and peer evaluations can help boards identify and address emerging issues with individual directors that may not be identified in a board level evaluation.

October 28, 2020

Some CCOs are scheduling more frequent meetings with trading staff and with IT departments around cyber security. Additionally, CCOs are asking for more documents and reports from vendors that would not normally be provided.

October 27, 2020

The new Rule 12d1-4 will allow a fund to acquire the shares of another fund in excess of the limits of the 1940 Act without obtaining an individual exemptive order from the Commission if the funds comply with conditions designed to enhance investor protection.

October 26, 2020

Join us for an interactive discussion on the mutual fund boards' responsibility and oversight over the risk function and mutual fund risks.

October 22, 2020

Join Dechert partners and other thought leaders from the investment management and fintech industries at the firm’s Virtual California Investment Management Symposium on Tuesday October 27 at 4:00pm - 8:00pm EDT.

October 21, 2020

Among EY's findings: Since 2018, more boards are expanding their evaluation process to include individual director evaluations and more are emphasizing ongoing assessments throughout the year.

October 20, 2020

Governor Gavin Newsom on September 30, 2020 signed into law a bill that requires publicly held companies headquartered in the state to include board members from underrepresented communities.

October 19, 2020

This webinar will cover different types and structures of Board Committees, things to consider in determining the most appropriate Committee structure for your Board, the use of ad hoc committees, as well as governance best practices and trends with respect to Committees.

October 15, 2020

The SEC’s Office of the Whistleblower also published guidance regarding the process for determining award amounts for eligible whistleblowers.

October 14, 2020

October 13, 2020

PwC’s 2020 annual corporate director survey points to a year of unprecedented challenges with the global health crisis along with the business and governance issues faced by public company boards.

October 8, 2020

EY writes that it is critical that BDCs monitor the SEC’s proposals as they are finalized and for management to engage in discussions with internal stakeholders, external auditors, and advisors.

October 6, 2020

The amendments cover the principal requirements for: (1) initial inclusion in the proxy statement and (2) for subsequent resubmission if the proposal is not approved.

October 5, 2020

Blass said it was critical for regulators to analyze the events in March and how the framework of the money market rule may have either alleviated or contributed to events.

October 1, 2020

What have you heard from other fund boards on pandemic-related efficiencies that have improved board operations and that can be helpful going forward?

September 30, 2020

According to the SEC’s order, the adviser prearranged buys and sells of the same security in the same amount from one client account to another 351 times from at least July 2014 through September 2016.

September 29, 2020

Lawyers from Perkins Coie discussed OCIE’s compliance risks and related considerations during COVID-19 in this recorded webinar.

September 29, 2020

This webinar presented by Paul Ellenbogen will provide a best interest framework for understanding fund purchases, sales, and holds, and how best-interest decision-making could affect fund profitability.