Forum News Feed

September 16, 2021

The SEC’s orders against each of the firms found that they violated the Safeguards Rule, which is designed to protect confidential customer information.

September 15, 2021

In letters sent out this year, SEC examiners asked advisers to detail the screening processes they use to ensure assets are worthy of ESG designations and requested information on how firms were addressing different jurisdictions’ requirements, Bloomberg wrote.

September 14, 2021

In this webinar a panel of experts, featuring IHS Markit, the SEC, and MFDF President Carolyn McPhillips, will discuss the big questions focused on SEC Rule 18f-4, the modernized regulatory framework for the use of derivatives by funds.

September 13, 2021

A Morningstar study of U.S. mutual funds and ETFs found the asset-weighted average expense ratio across funds was 0.41% in 2020, a 7% decline from 2019, the third-largest year-over-year decline Morningstar has recorded since 1991.

September 9, 2021

The firms also note that more than 1,000 SPAC IPOs have been reviewed by the staff of the SEC over two decades and have not been deemed to be subject to the 1940 Act.

September 8, 2021

Molly Moynihan and Gwen Williamson from Perkins Coie will discuss the challenges boards face while overseeing a complex that offers both ETFs and mutual funds.

September 7, 2021

Among the findings: The number of firms that had one or more audit and/or attestation engagements with deficiencies showed a 14% drop from 2019 but remained high as a percentage of firms inspected (78%).

August 31, 2021

The SEC found that the firm's disclosure controls and procedures were not designed to ensure that those responsible for making disclosure determinations were properly informed about the circumstances surrounding the breach.

August 30, 2021

In its decision, the court of appeals supported a previous ruling that the board’s process for negotiating and reviewing investment-adviser compensation was sufficiently robust.

August 26, 2021

The proposed guidance would offer a framework for banking organizations to consider in developing risk management practices for all stages in the life cycle of third-party relationships that considers the level of risk, complexity, and size of the banking organization and the nature of the third-party relationship.

August 25, 2021

According to the request filed with the SEC, fund independent directors could have obtained permission to own an unaffiliated subadviser’s stock based on specified conditions.

August 24, 2021

Gensler seeks to address concerns that the 2020 amendments could discourage whistleblowers from coming forward.

August 23, 2021

The program will help firms prepare for new and existing regulations. This panel will feature a combination of fund experts, legal professionals and compliance and regulatory executives

August 19, 2021

According to a Johnson Associates report, after the second quarter the traditional asset management sector can expect to see “meaningful year-end increases in incentive compensation across financial services.”

August 18, 2021

More than 430 companies participated in the survey, which was conducted to learn more about current practices and the outlook for climate change and ESG reporting from the public company perspective.

August 17, 2021

SEC Chairman said the Nasdaq rules reflect calls from investors for greater transparency about the people who lead public companies and noted that a broad cross-section of commenters supported the proposed board diversity disclosure rule.

August 16, 2021

The panel will discuss the recent DOL guidance on the rules for investment advice.

August 12, 2021

The report analyzes the current state of the U.S. Treasury Market following a series of economic shocks that reduced its ability to efficiently function.

August 11, 2021

All respondents have agreed to settle the charges and will collectively pay more than $10 million in monetary relief.

August 10, 2021

The House Financial Services Committee passed multiple bills aimed at protecting investors and reducing conflicts of interest born out of payment for order flow, and strengthening protections for the LIBOR transition.