Forum News Feed

January 15, 2021

Media reports say Gensler may be favored among liberal Democrats because of Gensler’s record of enforcement actions and his work on overhauling derivatives market rules under the Dodd Frank Act.

January 14, 2021

According to a client alert from Gibson Dunn, the AMLA is the most comprehensive set of reforms to the anti-money laundering laws since the USA PATRIOT Act was passed in 2001. The client alert identifies 10 of the biggest takeaways for financial institutions from the A

January 13, 2021

Join Ken Holston and Fatima Sulaiman, partners in the K&L Gates LLP's Asset Management and Investment Funds Practice as they discuss the board's responsibilities under the new derivatives rule. The webinar will broadcast live from 2 pm - 3 pm (ET).

January 12, 2021

Darshak Dholakia, a partner in Dechert’s International Trade and Government Regulation group, will provide an overview of the new US sanctions that impose restrictions on publicly traded securities of so-called Communist Chinese military companies and securities.

January 11, 2021

The Forum will present a webinar with SEC staff on the final valuation rule of February 3, 2021.

January 7, 2021

This will be the first in a series of investment-focused webinars aimed at broadening fund directors' understanding of investment products and strategies.

January 6, 2021

The lawyers note that cybersecurity risk factor disclosures are as of yet, under-developed for many registrants. They suggest a list comprising a “comprehensive model disclosure that reflects the broad scope and realities of digital and cybersecurity risk.”

January 5, 2021

Elad Roisman was sworn in as a Commissioner of the SEC on Sept. 11, 2018. Prior to joining the Commission, he served as Chief Counsel on the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

December 30, 2020

Industry consolidation and digesting the new SEC rules adopted in 2020 will be top of mind for boards.

December 29, 2020

This is the fourth time the agency has paid a whistleblower with internal audit or compliance related responsibilities.

December 28, 2020

The DOL rule includes a broad definition of “fiduciary” and allows brokers and advisers an exemption from a prohibition against earning certain commissions provided they pledge to act in clients’ best interests.

December 23, 2020

Brett Redfearn, Director of the SEC’s Division of Trading and Markets, and Division of Enforcement Director Stephanie Avakian will step down by the end of this year, the SEC announced.

December 23, 2020

Under Blass's leadership, the Division finalized more than 70 regulatory initiatives affecting investment companies and investment advisers.

December 22, 2020

The author writes that boards need a mechanism to respectfully help a director voluntarily make an exit without disrupting board operations and suggests strategies.

December 21, 2020

Under the proposal, most Nasdaq-listed companies would be required to have, or explain why they do not have, at least two directors with diverse backgrounds, including one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ.

December 17, 2020

According to the SEC’s order, ICE Data PRD delivered to its clients prices based on single broker quotes while failing to adopt and implement policies and procedures reasonably designed to address the risk that these prices would not reasonably reflect the value of the securities.

December 16, 2020

This presentation provides a framework for directors to understand how to oversee these funds and discuss the concepts of artificial intelligence and quantitative investing, and will focus on key areas that directors should understand.

December 15, 2020

The executive order provides that as of January 11, 2021, U.S. persons generally are prohibited from transacting in “publicly traded securities” (or related derivatives) of any “Communist Chinese military company.

December 14, 2020

AMAC’s ESG Subcommittee offered potential recommendations for discussion and to solicit feedback, with the goal of arriving at final recommendations for the SEC at the next AMAC meeting.

December 10, 2020

The ICE Benchmark Administration is still proposing to end publication of the one-week and two-month U.S. dollar LIBOR on Dec. 31, 2021.