Dark Pools Facing Enforcement Actions, Difficulty with Volume - brev.is/EJb9 Oct 20, 2014

To sign up for the Forum's daily newsletter, click here.

The Mutual Fund Directors Forum is a nonprofit membership organization for investment company directors. MFDF promotes vigilant, dedicated, and well-informed independent directors and serves as their voice and advocate on important policy matters.

Learn More



The Distribution Dilemma for Closed-End Funds

Forum Webinar Series

In the current low interest rate environment, investors are putting increased emphasis on closed-end fund distributions when evaluating potential investments. Yet heightened regulatory scrutiny and technicalities unique to investment company payouts make Boards’ distribution policy decisions increasingly complex. Join us as we discuss these challenges with Cecilia Gondor, the former head of closed-end fund research at Thomas J. Herzfeld Advisors, Inc.


CCO Compensation:  The MPI Annual Survey 2014

Forum Webinar Series

Management Practice has conducted an annual survey of mutual fund Chief Compliance Officer compensation for the past nine years. Each summer MPI releases its "Survey of Mutual Fund Chief Compliance Officer Compensation and Organizational Practices", which provides aggregate compensation data received through confidential questionnaires from fund CCOs and other industry executives. This webinar will provide highlights from the most recent survey.


Best Execution in Today’s Complex Markets

Washington, DC

The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business and the Mutual Fund Directors Forum will host a day long roundtable on issues of concern to fund directors in mutual fund trading.

The Distribution Dilemma for Closed-End Funds
CCO Compensation: The MPI Annual Survey
Best Execution In Today's Complex Market
Update on Trends in the Asset Management Industry
2015 Directors' Institute

Forum News Feed

Dark Pools Facing Enforcement Actions, Difficulty with Volume

October 20, 2014

The SEC plans to ramp up enforcement actions against dark pools according to Bloomberg. According to recent statements by Daniel Hawke, Chief of the SEC’s Division of Enforcement’s Market Abuse Unit, the agency is focusing on order types, broker routing, and payment for order… read more

Tarullo: Fed Will Monitor for Risk Migration to Shadow Banks

October 17, 2014

Federal Reserve Board Member Daniel Tarullo stated that the Federal Reserve will continue to monitor whether bank regulation could lead to increased risk in other areas of the economy during a question and answer session at the Institute of International Finance on Saturday. However,… read more

Study Finds that HFT Costs Institutional Investors

October 16, 2014

According to A Blessing or a Curse? The Impact of High Frequency Trading on Institutional Investors, trading costs for institutional investors increase as high-frequency traders increase market participation.  The author studied trades on NASDAQ in a selected sample of 120 stocks over a two… read more