Upcoming Forum Webinars http://t.co/MStdNWwg Feb 03, 2012

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The Forum News Feed is an electronic journal, or "blog," of alerts, analysis, news and tools focused on the needs of independent directors.  You can subscribe to the Forum News Feed and have it delivered electronically to your e-mail in box.

Upcoming Webinar: Board Considerations for Oversight of Active ETFs

February 07, 2012

On Wednesday, February 8th, the Mutual Fund Directors Forum will host a webinar titled "Board Considerations for Oversight of Active ETFs."  As the SEC moves closer to approving some of the many pending applications for actively managed ETFs, fund directors need to look forward to… read more

Senate Passes Insider Trading Bill for Members of Congress

February 06, 2012

Last Thursday, the Senate overwhelmingly (93-7) passed a bill that would prohibit lawmakers and staff from trading on non-public information obtained from private congressional briefings.  Whether legislators and staff are already subject to bans on trading non-public information is a matter of debate.  Robert Khuzami,… read more

Dodd-Frank Progress Report

February 03, 2012

Davis Polk recently released a Dodd-Frank Progress Report.  The report provides several useful charts detailing the status of required rulemakings under the Dodd-Frank Act.  In summary: As of February 1, 2012, a total of 225 Dodd-Frank rulemaking requirement deadlines have passed. Of these 225… read more

SEC Inspector General Criticizes Cost-Benefit Analysis

February 02, 2012

On his final day with the SEC, outgoing Inspector General David Kotz issued a report criticizing the SEC for its cost-benefit analyses of Dodd-Frank rules.  Specifically, the report found that the extent of the quantitative discussion of cost-benefit analyses varied among rulemakings, the SEC… read more

Federated Willing to Legally Challenge Money Market Fund Proposals

February 01, 2012

According to a Bloomberg article, Federated is willing to use legal action to block money market fund regulation changes proposed by the SEC.  In a conference call with analysts last Friday, the CEO of Federated, Christopher Donahue, stated that Federated would challenge proposals by… read more