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Forum News Feed
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.
Joint Forum IDC Release on Money Fund Reforms
May 02, 2012
The Mutual Fund Directors Forum has issued a joint statement with the ICI's Independent Directors Council, to voice their shared concerns about the potential collateral consequences and negative impacts that changes to the fundamental structure of money market funds could have on investors, on capital… read more
Survey of Investor Views on Money Market Reforms
May 01, 2012
Treasury Strategies has released a survey, commissioned by the Investment Company Institute, investigating corporate treasurers' and other institutional investors' views and likely reactions to changing the fundamental nature of money market funds. The authors surveyed more than 200 organizations about how they use money market… read more
Deloitte Paper on Omnibus Challenges
April 30, 2012
Recently Deloitte published a paper entitled, "The Omnibus Revolution, Managing risk across an increasingly complex service model." The paper notes that fund shareholder servicing has been transformed dramatically as increasing numbers of intermediaries serving as fund distribution partners move to provide shareholder subaccounting through an… read more
Response to Boston Fed Chief Remarks on Money Market Funds
April 27, 2012
A former Federal Reserve attorney, Melanie Fein, has written a letter to Boston Fed chief Eric Rosengren sharply contesting the points he made in a speech in April. Mr. Rosengren's remarks expressed his belief that money market funds pose enough of a risk "to the… read more
Schapiro Testimony on SEC Budget
April 26, 2012
On April 25, 2012, SEC Chairman Mary Schapiro testified to a subcommittee of the House Financial Services Committee, which has oversight responsibility over the SEC. The hearing was to allow lawmakers to examine the SEC’s budget request. The Chairman went through the many new… read more