News

June 19, 2020

Caroline Crenshaw currently serves as senior counsel at the SEC and as a captain in the United States Army Reserve, Judge Advocate General’s Corps. She joined the SEC in 2013.

June 18, 2020

The CAQ materials provide key reminders for auditors related to their responsibilities to identify, assess, and respond to risks of material misstatement and also may be helpful in oversight of external audit.

June 17, 2020

The approaches states have used to mandate board diversity have been challenged in courts on a number of grounds.

June 16, 2020

A recent white paper from consulting firm EY warns firms to be aware that the COVID-19 pandemic will not stop or slow the transition away from LIBOR.

June 15, 2020

The average expense ratio paid by fund investors is half of what it was two decades ago, according to Morningstar.

June 11, 2020

SEC Commissioner Hester Peirce has been nominated to serve until 2025, according to a release from the White House.

June 10, 2020

Reports are marking a relatively healthy April recovery for the mutual fund industry.

June 9, 2020

In a recent webcast meeting of the SEC’s Asset Management Advisory Committee, panelists discussed the industry’s response to the global pandemic and scheduled topics such as ESG and industry diversity.

June 8, 2020

Partners from E&Y will provide insights to how investment managers across the industry are realigning operating models. The webinar will broadcast live from 2 pm - 3 pm (ET).

June 4, 2020

June 3, 2020

Over a typical year, the agency issues about seven award decisions, but so far it has issued twice that amount, according to media reports.

June 2, 2020

A few takeaways from a recent virtual MFDF Director Discussion Series where fund directors discussed how they are adapting to virtual meetings.

June 1, 2020

Join Deloitte partners as they highlight the impact of the SEC's new valuation rule proposal for boards, advisers, and auditors. The webinar will broadcast live from 2 pm - 3 pm (ET) on June 2, 2020.

May 28, 2020

Lawyers from Cleary Gottlieb recently discussed how firms may address heightened risk of insider trading in the current environment.

May 27, 2020

Join Meyrick Payne and Sara Yerkey of Management Practice for a discussion of the impact of these influences on large public asset management firm profitability and the importance when considering oversight of your funds.

May 26, 2020

Recent discussions on corporate director compensation can be helpful as fund boards consider their own pay over the next several months.

May 25, 2020

Join Jeff Tjornehoj Director, Fund Insights at Broadridge in a webinar discussion that will compare flows, correlation, and channel demand and take a look ahead to see how ratings will adapt to the new challenges posed by changing product demand and shifting distribution methods.

May 21, 2020

The Forum released an update of the 2017 report Role of the Mutual Fund Director in the Oversight of the Risk Management Function. The paper sets forth key concepts, principles and some questions that boards may find useful as they seek more information about a fund’s risks.

May 21, 2020

Morgan Stanley Smith Barney has agreed to pay a $5 million penalty that will be distributed to harmed clients of its retail wrap fee programs.

May 20, 2020

Commissioners Elad Roisman and Hester Peirce supported the SEC’s order, including the consolidation of the three equity market data plans into a single new plan.