Forum Report on Oversight of Securities Lending
In 2012 the Forum issued a report entitled Practical Guidance for Directors on the Oversight of Securities Lending. Given the significant role of securities lending in today's capital markets, the report provides an overview of securities lending in order to help directors make informed decisions about the programs in their funds, while also highlighting the risks of these programs.
In addition, the report includes suggestions for directors as they determine how to oversee securities lending activities and decide what questions to ask the adviser, their portfolio managers and others involved in the process.
The full text of the report is available at here.