Forum News Feed

July 9, 2020

The academics argue that strong business ties create incentives for asset managers to support the financial stability of their brokers’ financial conglomerates.

July 8, 2020

Citing data from FactSet and Ultimus, the FT reported noted there have been 42 new active ETFs listed as of June 4 compared with just 35 index funds.

July 7, 2020

OCIE will review whether and how firms have evaluated the potential impact of the LIBOR transition on business activities; operations; services; and customers, clients, and investors.

July 6, 2020

EY partners will provide insights into managing ESG risks and capturing related opportunities.

July 2, 2020

Lawyers from Stradley Ronon provide an update on the status of key relief granted by regulators during the covid-19 pandemic.

July 1, 2020

Many boards have continued to hire and recruit even during the pandemic, finding creative ways to interview and get to know new and potential board members.

June 30, 2020

The Court held 8-1, with Justice Thomas dissenting, that a disgorgement award not in excess of a wrongdoer’s net profits and awarded for the benefit of victims is permissible under federal law.

June 29, 2020

Mike Pappacena, Nicole Morton, and Erik Olsen of ACA Compliance Group will discuss the “then” and the potential “now” and how firms’ compliance monitoring, information security, and continuity planning may look as firms move toward returning employees to the office. The webinar will broadcast live from 2 pm - 3 pm (ET).

June 25, 2020

Board diversity is under increased scrutiny and is an area of focus for many boards. Consultant studies have shown that when boards rely exclusively on their personal networks to identify candidates, the result is less likely to be diverse.

June 24, 2020

Wilson Sonsini lawyers discuss several issues advisers should consider in designing AI-based programs to ensure they are acting in the best interests of their clients.

June 23, 2020

The Division of Investment Management in a statement withdrew a 2010 staff letter that discouraged closed-end funds from opting into state statutes that may have deterred shareholder takeover attempts.

June 22, 2020

Some firms have created steering committees and sophisticated scenario-based plans, others are only starting to review basic decisions about how many spaces to open and how to open them, consultants say.

June 22, 2020

The SEC said it is not extending other pandemic-related temporary relief under the 1940 Act and Advisers Act at this time.

June 19, 2020

Caroline Crenshaw currently serves as senior counsel at the SEC and as a captain in the United States Army Reserve, Judge Advocate General’s Corps. She joined the SEC in 2013.

June 18, 2020

The CAQ materials provide key reminders for auditors related to their responsibilities to identify, assess, and respond to risks of material misstatement and also may be helpful in oversight of external audit.

June 17, 2020

The approaches states have used to mandate board diversity have been challenged in courts on a number of grounds.

June 16, 2020

A recent white paper from consulting firm EY warns firms to be aware that the COVID-19 pandemic will not stop or slow the transition away from LIBOR.

June 15, 2020

The average expense ratio paid by fund investors is half of what it was two decades ago, according to Morningstar.

June 11, 2020

SEC Commissioner Hester Peirce has been nominated to serve until 2025, according to a release from the White House.

June 10, 2020

Reports are marking a relatively healthy April recovery for the mutual fund industry.