News

February 25, 2026

The N-PORT amendments provide funds with 15 additional days to file monthly N-PORT filings, change the publication frequency of the reports from monthly to quarterly and streamline and remove certain reporting requirements, including Names Rule disclosure. The N-PORT amendments also propose the inclusion of new information about funds with ETF share classes.

February 24, 2026

Kelley Howes, investment management partner at Morrison Foerster and Prashant Kher, Financial Services Managing Director at Ernst & Young, joined MFDF to share their expertise on digital assets, tokenization, staking, ETPs, and stablecoins, among other topics.

February 23, 2026

Both hearings covered key areas of interest in Congress including cryptocurrency, capital formation, SEC Enforcement actions, the SEC’s rulemaking agenda, and areas of interest for independent directors such as alternative assets in retail products, the Names Rule, and artificial intelligence.

February 19, 2026

As part of MFDF's March conference, on Friday program attendees can elect to join one of three small-group, breakout sessions. These sessions are designed to facilitate a conversation between breakout leaders and conference attendees on a variety of topics.

February 18, 2026

Carlo di Florio, President of ACA Group, returns to provide highlights from ACA's 2025 AI Benchmarking Report produced in partnership with the National Society of Compliance Professionals (NSCP). The survey captures insights from over 240 Chief Compliance Officers (CCOs) across financial services, revealing how firms are adopting, governing, and preparing for AI technologies.

February 17, 2026

Throughout 2025, MFDF (in collaboration with Morgan Lewis) published in four parts practical guidance for fund independent directors on board oversight of advisory agreement renewals. These four parts are now combined into a single document intended to be a working tool for independent directors navigating the realities of advisory agreement review.

February 12, 2026

Each year MFDF’s DC-based conference hosts a panel focused on board effectiveness. For 2026, the panel will focus on decision-making and dissent in the boardroom, how to move forward after potentially contentious discussions and make decisions that every trustee feels confident in.

February 11, 2026

Regarding the investment management process, Director Daly noted that liability concerns remain paramount for investment managers. He added that the industry is familiar with new advances such as algorithmic and quantitative models, and that while AI is different, the Commission’s role should not be to stand in the way by advancing rule proposals that will be irrelevant quickly.

February 10, 2026

The alert notes that the SEC has taken several steps to ease that burden including issuing guidance to “clarify SEC custody rules by allowing state trust companies to hold digital assets subject to certain conditions and confirming when broker-dealers can hold digital assets.”

February 9, 2026

Partners from Dechert will cover critical developments affecting interval funds, notably current market trends, the SEC's regulatory priorities, key findings from recent sweep examinations, and the emerging impact of tokenization.

February 5, 2026

One panel of interest covers “Oversight of Alternatives and Private Funds in Registered Structures.” The panel moderated by Sanjeev Handa, an independent trustee and chair of the Audit Committee for the Carlyle Tactical Private Credit Fund and an independent trustee for Oak Hill CLO Enhanced Equity II, will discuss key areas of interest for fund directors including valuation, conflicts of interest, risk management, compliance, and portfolio management.

February 4, 2026

The podcast highlights the growth of private credit as an asset class and what it takes to succeed in this space as an asset manager. Michael Zawadzki at Blackstone discusses the role private credit plays for middle market companies and infrastructure projects and specifically touches on the increased financing role private credit plays in AI infrastructure development.

February 3, 2026

Notably, this means that tokenization does not impact the application of the federal securities laws to such securities even though it may have significant impact on disclosure, custody and trading, among other areas.

February 2, 2026

EY professionals from different practice groups will lead a discussion on the latest developments impacting alterative and registered funds. Discussion topics will likely include a legislative tax update, a Securities and Exchange Commission regulatory update, and an accounting and financial reporting update.

January 29, 2026

The conference brings together independent fund directors, industry service providers, and key voices in Washington to discuss the pertinent issues that fund boards deeply care about.

January 28, 2026

The article provides a sample list of considerations for fund directors in conducting an in-depth assessment of fund underperformance, as well as outperformance, that extends beyond a review of attribution analysis.

January 27, 2026

NYSE said its new digital platform will enable tokenized trading experiences, including 24/7 operations, instant settlement, orders sized in dollar amounts, and stablecoin-based funding.

January 26, 2026

Partners from Morgan Lewis will cover what digital assets are, how they work, common misconceptions, the regulatory landscape in the United States, and the key questions everyone has but rarely asks.

January 21, 2026

In his remarks Director Daly outlined the fiduciary requirements to vote or not vote corporate proxies and detailed instances where an adviser may determine a vote is unnecessary because of cost or strategy. He noted that while proxy advisory firms can play an important role in research, analysis, and logistical support to an investment adviser when evaluating a given proxy(ies), the current landscape has permitted proxy advisers to have an outsized impact on the proxy process that may reflect certain political and social philosophies.

January 20, 2026

If approved, the rule would increase the net asset threshold for a “small entity” investment company from $50 million to $10 billion and increase the AUM threshold for investment advisers from $25 million to $1 billion.