Top of the Agenda - Regulatory

Scheidt to retire from SEC's Investment Division
By Hillary Jackson
Douglas Scheidt will retire from the Securities and Exchange Commission's Division of Investment Management at the end of September after decades of public service. An associate director and chief counsel of the division, Scheidt has been involved with countless regulatory initiatives and rulemakings during his career, which has included more ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - 10 Things

10 Things...Boards should ask about SEC conflict rules
By FBV staff
The Securities and Exchange Commission this week proposed a package of rulemakings and interpretations designed to address broker-dealers' and investment advisers' conflicts of interest with regard to dispensing investment advice. Regulation Best Interest would cover all types of investor accounts rather than just the retirement savings accounts covered by the ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Legal

You've received a shareholder demand; now what?
By Hillary Jackson
How prepared is your board to handle a demand from a fund shareholder wishing to bring a derivative action against the adviser?
 
Shareholders suing on behalf of a mutual fund for breach of fiduciary duty and/or breach of contract first must in almost all circumstances first make a demand on the ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

Impact Shares fills out board with three independents
By Hillary Jackson
Three independent directors have joined the board of Impact Shares Trust, which will offer a suite of exchange-traded funds aligned with various non-profit organizations. Impact Shares CEO and fund board Chairman Ethan Powell said the board, which held its first meeting this week, includes a "diversity in perspective" and "well balanced ...  >> CONTINUE READING <<<

 

 


Log-in

Log-in

Remember me on this computer

Forgot your password? Click here to have your password emailed to you.

Most Read

Top of the Agenda - Regulatory
SEC's Blass eyes updating valuation guidance

Securities and Exchange Commission staff is considering updating valuation guidance to reflect evolution in the markets and the standards for accounting, auditing and reporting, according to ...