MFDF Enhances the Governance of Mutual Funds
The Mutual Fund Directors Forum is an independent, non-profit organization that serves independent directors of mutual funds and other U.S. registered investment companies. The Forum seeks to enhance fund governance by building a strong community among independent directors through educational and networking opportunities and by providing directors with a strong voice in the key policy debates impacting directors’ effectiveness and the future of the fund industry.
July 29, 2021 Driscoll to Depart SEC Exams Unit; Gensler Fills out Policy Team
July 28, 2021 UBS Settles SEC Charges on Compliance Failures Related to Exchange-Traded Product
July 27, 2021 FINRA Issues Notice on Best Execution, Payment for Order Flow, with Focus on Price
July 26, 2021 Cyber Insurance Rates Increasing, GAO Report Finds
July 22, 2021 Deloitte Study Highlights Gains on Diversity in S&P 500; Diligent Looks at “Lavender Ceiling”
September 14, 2021In Focus: Board Responsibilities
Molly Moynihan, partner and firmwide co-chair of investment management practice at Perkins Coie, will review the primary duties of a fund board and its independent directors. This is an ideal session for fund directors who recently joined their board or directors who would like a refresher on board responsibilities. This meeting will be on Zoom on Tuesday, September 14, 2021 from 3 pm to 4 pm (ET).Learn more
New York October 14, 2021Director Discussion Series - Open Forum (New York)
DDS meetings provide a venue for independent directors and CCOs to discuss timely issues with peers and experts. This in-person meeting will be held from 10:30 am to 12:00 pm at the offices of Sidley Austin, LLP in New York City.Learn more
Scottsdale January 19, 20222022 Directors' Institute
The Directors' Institute offers independent directors an unique opportunity, using a case study format, to discuss new approaches to critical boardroom issues with experts and their peers in the fund industry.Learn more
July 20, 2021
Webinar Archive: Money Market Funds: Regulators Primed for Further Reforms
James Catano, Stephen Cohen, and Mary Anne Morgan from Dechert discussed the latest in potential reforms in money market funds as a response to the March 2020 market volatility caused by COVID-19 pandemic. This webinar originally aired on July 15, 2021.
June 21, 2021
Webinar Archive: Proposed HSR Rule Changes: Impact on Asset Management
Deidre Johnson and Michael Doherty, partners with Ropes & Gray, discussed the latest FTC proposed changes to the Hart-Scott-Rodino Act regulations, and how it will impact mutual funds if enacted. This webinar originally aired on June 17, 2021.
June 14, 2021
Web Event Archive: Diversity, Equity & Inclusion in Investment Management
MFDF partnered with EY center for Board Matters to present Diversity, Equity & Inclusion in Investment Management. EY team discussed how fund directors can encourage diversity of thoughts and talents in investment management, attract a wide range of talent to the industry through fund board diversity and ask better questions of advisors and their diversity initiatives. This event originally aired on Thursday, June 10 and Friday, June 11, 2021.
COVID-19 Resources for Fund Directors
MFDF aims to keep fund directors up to date on relevant regulatory and business topics during the global health crisis. This list of resources provides information on regulatory relief and guidance, commentary on legal, strategic and governance matters, as well as asset management industry news. As we update this list, we will post the updates via our Forum News Feed daily blog.
What Fund Directors Need to Know about AI and Quantitative Investing
In March 2020, Brian Bruce, CEO & CIO of Hillcrest Asset Management, and Korok Ray, Ph.D., Associate Professor and Director of the Mays Innovation Research Center at Texas A&M University, published their paper titled "Fund Board Oversight of Artificial Intelligence and Quantitative Investments" to address mutual fund directors as they are increasingly asked to oversee funds that use artificial intelligence and quantitative methods to manage investments. With the growth of artificial intelligence and quantitative strategies such as smart beta, fund directors must understand the basis of these technologies to properly govern the funds they oversee.Read Here