MFDF News Feed

August 4, 2020

OCIE said it has also observed an increase in sophistication of ransomware attacks on broker-dealers, investment advisers, and investment companies.

August 3, 2020

Blass said granting permanent relief on in-person meeting requirement makes good sense.

July 30, 2020

Researchers found that active funds underperformed their passive benchmarks during the ten-week period between February 20 and April 30.

July 29, 2020

The survey found that the hottest compliance topics in 2020 were business continuity plans and cybersecurity, with the pandemic taking up a significant portion of compliance departments’ attention.

July 28, 2020

Join Emily Lowe of Willis Tower Watson’s North America cyber team to discuss the fundamentals of cyber risk and what fund directors need to know to enhance their work on behalf of the shareholders.

July 27, 2020

Commissioner Allison Herren Lee dissented, describing the rule as unwanted, unwarranted and unworkable.

July 23, 2020

It may still be too soon to start scoring overall board performance but self-examination can be helpful while the issues are fresh in everyone’s minds and the urgency has somewhat abated.

July 22, 2020

Chairman Jay Clayton encouraged a robust discussion on diversity and inclusion.

July 20, 2020

Seward and Kissel partners Jeff Berman, Jon Brose and Robert Kurucza and counsel Chris Carlson will present a webinar that provides essential background on TALF 2020 for fund directors

July 17, 2020

This webinar will focus on the risks and opportunities surrounding returning to the workplace

July 16, 2020

Firms are using a number of strategies to address the problem, including expanding recruiting efforts at more diverse state schools.

July 15, 2020

The SEC said a more efficient application process will allow applicants to more quickly realize the benefits of relief and allow fund shareholders to share in these benefits.

July 13, 2020

The SEC found that an adviser did not disclose violations of its trade error policies and conflicts of interest to the funds’ board.

July 13, 2020

SEC Commissioner Elad Roisman acknowledged increasing pressure from advocacy groups, politicians and investor groups for mandated ESG disclosure, but he expressed several reservations.

July 9, 2020

The academics argue that strong business ties create incentives for asset managers to support the financial stability of their brokers’ financial conglomerates.

July 8, 2020

Citing data from FactSet and Ultimus, the FT reported noted there have been 42 new active ETFs listed as of June 4 compared with just 35 index funds.

July 7, 2020

OCIE will review whether and how firms have evaluated the potential impact of the LIBOR transition on business activities; operations; services; and customers, clients, and investors.

July 6, 2020

EY partners will provide insights into managing ESG risks and capturing related opportunities.

July 2, 2020

Lawyers from Stradley Ronon provide an update on the status of key relief granted by regulators during the covid-19 pandemic.

July 1, 2020

Many boards have continued to hire and recruit even during the pandemic, finding creative ways to interview and get to know new and potential board members.