News - No Thumbnails

May 9, 2022

On Thursday May 12, 2022, K&L Gates partner Michael W. McGrath will be speaking on a virtual panel for the Global Association of Risk Professionals (GARP) called “The Rise of the Derivatives Risk Manager.”

May 6, 2022

In May 2022, MFDF and Deloitte released Cybersecurity and the Evolving Threat Landscape: The Role of the Independent Director.

May 5, 2022

The proxy voting policy updates focus on executive compensation, compensation committee voting, human capital management, board composition and board of director over-boarding.

May 4, 2022

A memorandum from Ropes & Gray’s summarizes the 2022 Investment Management Conference sponsored by the Investment Company Institute. The conference included sessions that discussed the following industry and regulatory developments, among others.

May 3, 2022

The report notes that at the current growth rate, ESG products are likely to represent half of all professionally managed assets globally by 2024.

April 28, 2022

The lawyers advise candidates to conduct their due diligence on the company’s financial and operational performance, its material risks, its approach to internal controls, potential conflicts of interests, among other issues.

April 27, 2022

The district court focused principally on the definition of “voting security” under the 1940 Act to inform its decision.

April 26, 2022

Gensler noted the SEC “has a role to play in terms of bringing some standardization to the conversation happening between issuers and investors, particularly when it comes to disclosures that are material to investors.”

April 25, 2022

As part of MFDF's new 15(c) Contract Renewal webinar series, speakers from Barrington Partners will discuss the latest trends in intermediary fees issues.

April 21, 2022

Gensler stated he has “asked staff to consider recommendations around how we can further address cybersecurity risk that comes from service providers.”

April 20, 2022

The JOBS Act 4.0 would, among other things, expand the definition of “qualifying investments” by venture capital funds and double the number of limited partners allowed in certain venture capital funds and broaden the definition of accredited investors to those who pass an SEC-designed test.

April 19, 2022

The proposals require enhanced disclosure and increase potential liability under the federal securities laws for shell companies and SPACs, and would subject target companies and investment banks participating in de-SPAC transactions to new disclosures.

April 18, 2022

Speakers from UItimus and CAIS will discuss why interval and tender offer funds continue to attract attention from investors and advisors. The panel will take a deep dive into recent activity, highlighting the attraction of alternative strategies to the retail market.

April 18, 2022

Gensler called for crypto platforms to be registered and regulated much like exchanges.

April 15, 2022

On April 11, 2022, the Forum submitted a comment letter in response to the SEC's rule proposals regarding cybersecurity risk management programs.

April 15, 2022

On April 11, 2022, the Forum submitted a comment letter in response to the SEC's rule proposals regarding money market fund reforms.

April 14, 2022

In the SEC’s 2023 congressional budget request Chairman Gary Gensler requested $2.149 billion for the agency in support of 5,261 positions and 4,808 full-time equivalents.

April 13, 2022

The hearing focused on topics such as access to market data, anti-money laundering policies, and competition among exchanges, among other issues.

April 12, 2022

The Wall Street Journal reports that the “quota” law was the first of its kind in the U.S. and followed a similar California measure enacted in 2018 that mandated female directors on all boards of the state’s public companies, which is also facing legal challenges.

April 11, 2022

EXAMS will focus on private funds, ESG investing, retail investor protections, information security and operational resiliency, emerging technologies, and crypto assets.