News

February 14, 2022

Speakers from the IAA's Active Managers Council will highlight the topics from its latest paper titled "Balance the Narrative II: Broadening the Discussion on Active Management." The webinar will broadcast live from 2 pm - 3 pm (ET).

February 14, 2022

The rule proposal (Rule 38a-2) would require a fund’s board of directors to approve the initial cybersecurity policies and procedures and review an annual written report on cybersecurity incidents and material changes to the fund’s cybersecurity policies and procedures.

February 11, 2022

The hearing focused heavily on the impact of inflation and rising prices on the economy, the independence of the Federal Reserve, and climate change. Several Republican members of the Committee expressed concerns with prior statements made by Bloom Raskin regarding banks’ allocation of capital to industries with large carbon footprints (such as oil and companies).

February 10, 2022

The proposed amendments are designed to enhance regulators’ ability to assess systemic risk as well as to bolster the Commission’s regulatory oversight of private fund advisers and its investor protection efforts in light of the growth of the private fund industry, the SEC said.

February 9, 2022

The PCAOB is seeking public comment on the proposed structures of these two new advisory groups, as well as nominations for membership in each group.

February 8, 2022

The SEC’s order found that Leaf Group materially misstated that the director was independent even though he served as chief financial officer of another company, for which Leaf’s CEO served as a director and whose compensation committee Leaf’s CEO chaired.

February 7, 2022

The Fed defined a CBDC as a digital liability of a central bank that is widely available to the general public, analogous to a digital form of paper money.

February 3, 2022

The topics at both hearings focused heavily on inflation, price increases, supply chain issues, and employment data

February 2, 2022

Chair Gensler also pointed to what regulations could look like for service providers, many of which are not SEC-registered entities.

February 1, 2022

In this overview of the SEC's proposed amendments to the money market funds rule, we provide a summary and highlights from law firm memos on the topic.

January 31, 2022

Joanne Skerrett, MFDF’s senior counsel, will lead a Q&A session with Theresa Hamacher, chair of Morningstar Funds, on the recent IAA report “Diversity and Investment Performance: A Summary of the Research.” The webinar will broadcast live from 2 pm - 3 pm (ET).

January 27, 2022

Academics say their research shows that machine-learning methods can use information contained in multiple fund characteristics to select funds that earn economically and statistically significant positive risk-adjusted returns net of fees and transaction costs.

January 26, 2022

EY noted that although risk management has climbed higher on the corporate board agenda, its survey of 510 global directors found some dissatisfaction in the perceptions of directors on enterprise risk management. “Despite the criticality of risk management, many board members lack confidence in their organization’s capabilities."

January 25, 2022

The research brief summarizes and tabulates the studies that seek to answer questions, such as: Do investments managed by women or minorities (or by firms owned by women or minorities) outperform or underperform?

January 24, 2022

On Wednesday, January 26, 2022 from 12-1 p.m. ET, lawyers from Ropes & Gray will discuss recent amendments to the SEC’s Marketing Rule in a Ropes & Gray webinar.

January 20, 2022

“It is difficult to get an interval fund onto distribution platforms if its assets are below $100 million, but it is a challenge to raise assets unless the fund is on a platform, which threatens its survival,” according to the paper.

January 19, 2022

SIFMA, the leading trade association for broker-dealers, commented that the securities lending proposal would result impose significant costs; and could have an adverse impact on the securities lending market.

January 18, 2022

A list of webinars that examined how fund directors can think about recent trends such as ESG, Crypto, SPACs, closed-end fund activism, in their oversight role.

January 13, 2022

Q: We are looking into hiring a new independent fund director for our registered funds in 2022. Do you have a checklist or timeline or another material that could aid in the process?

January 12, 2022

In this webinar, the Forum staff will talk with Steven Rogers, an independent director on the Oakmark Funds board and former Harvard Business School professor, about his book A Letter to My White Friends and Colleagues: What You can do Now to Help the Black Community. This webinar will broadcast live from 2 pm - 3 pm (ET).