MFDF News Feed

June 17, 2021

Chairman Gensler wants the staff to consider whether to recommend further regulatory action regarding whether to “recommend that the Commission revisit its 2020 codification of the definition of solicitation as encompassing proxy voting advice."

June 15, 2021

Diligent sits down with James Killerlane, Corporate Secretary of BNY Mellon, to discuss the innovation and creative new ways BNY has transformed their governance practices throughout a year of remote work.

June 14, 2021

Among several recommendations, the city bar urges regulators to first consider whether charging the CCO would help fulfill the SEC's regulatory goals.

June 10, 2021

Boards may use recruiters, candidate databases, as well as personal networks of their members to find potential candidates.

June 9, 2021

The Fearless Leadership Symposium is the first and only national conference focusing solely on Diversity, Equity and Inclusion (DEI) issues specific to the global asset management and fund industry.

June 8, 2021

According to the SEC’s complaint, LJM adopted a short volatility trading strategy that carried risks that were remote but extreme.

June 7, 2021

“Boards should ask tough questions about whether their policies and procedures effectively address their company’s security risks and whether actual security practices effectively address the threats they face,” the FTC staff advised.

June 3, 2021

K&L Gates speakers will discuss what is on the horizon for cryptocurrency and how market participants can help make a positive impact on the expected legislative and regulatory scrutiny.

June 2, 2021

The Biden Administration has given investors an additional two weeks to trade securities in certain companies that the U.S. deemed linked to the Chinese military.

June 1, 2021

Among their findings, the authors report that ESG funds are largely delivering on their promise to invest differently from other funds.

May 27, 2021

The academics argue that “institutions in aggregate do not benefit from exposure to leveraged ETFs."

May 26, 2021

SEC staff issued a notice that certain COVID19-related liquidity relief applicable to mutual funds and insurance company separate accounts registered as unit investment trusts would be terminated or withdrawn effective April 30, 2021.

May 25, 2021

Christopher Ray and Erik Olsen of ACA Global and Compliance will give an overview of the use of alternative data sources in asset management and what fund directors should know.

May 24, 2021

The banking agencies' request for information expresses concern that AI could introduce potential consumer protection risks.

May 21, 2021

During this webinar, Lance King, counsel at Seward & Kissel LLP, and Victor Frye, CCO at ProShares Advisors LLC, will discuss the board’s role in overseeing a fund’s derivatives risk management program and compliance with new Rule 18f-4 concerning registered funds’ use of derivatives.

May 20, 2021

IM staff warned that, along with the Division of Examinations, they will closely monitor and assess funds and advisers that invest in Bitcoin futures for compliance with the securities laws and the impact on investors.

May 19, 2021

This webinar will provide highlights from the most recent "Survey of Mutual Fund Director/Trustee Compensation and Organizational Practices" by Management Practice.

May 18, 2021

Experts during a recent industry roundtable concluded that addressing problems in the short-term funding markets requires more than just reforms to money market funds.

May 17, 2021

Gensler highlighted several areas that the SEC would be paying attention to, including social media, clearing and settlement, short selling, market transparency, and other systemwide risks.

May 13, 2021

FINRA highlighted its efforts to support efforts by broker-dealer industry participants to foster diversity, inclusion and equal opportunity and wrote that it has been engaging with its advisory committees, industry associations and other industry members to explore how it can further facilitate industry efforts.