Top of the Agenda - Legal

Plaintiff appeals dismissal of suit against Highland, fund board
By Hillary Jackson
The plaintiff in a lawsuit filed nearly two years ago against the board members of a Highland Funds trust and adviser Highland Management Fund Advisors has appealed a Texas judge's dismissal of the case. The suit, Lanotte v. Highland Capital Mgmt. Fund Advisors, L.P., included a class-action complaint and three ...  >> CONTINUE READING <<<

 

 

Viewpoints

In-Person Board Meetings Are So 2019
By Jay G. Baris and Nathan J. Greene, Sidley Austin LLP
For all of us, video meetings are the new normal, and at least for now few directors yearn to return to the days of traveling to board meetings. This sudden change in circumstance revealed the virtual elephant in the virtual boardroom: Has the in-person meeting requirement outlived its usefulness? Should ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

Q&A: Back to the future of work
Now that summer is officially here, folks are beginning to look forward to the fall and wondering when (or if) things will go back to some sort of normal after months of remote working, social distancing, and travel restrictions. According to Alan Rubin, Stacy Louizos, and Thomas Westle from Blank ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Compensation

Fund CCO pay climbed higher in 2019
By Hillary Jackson
Mutual fund chief compliance officer compensation continued to climb in 2019, rising 6.2% over the year prior, according to new data from Management Practice Inc. "It was very much in line with last year versus the volatility of prior years," said Jay Keeshan, a partner at MPI who oversees the ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Regulatory

In-person voting relief extended through year-end
Mutual fund boards can continue to conduct business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities and Exchange Commission, which said Friday it was extending conditional relief from in-person voting requirements to provide flexibility to boards that may continue ...  >> CONTINUE READING <<<

 

 


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Most Read

Top of the Agenda - Regulatory
In-person voting relief extended through year-end

Mutual fund boards can continue conducting business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities ...
Top of the Agenda - Governance
Recruiting in the time of coronavirus

Mutual fund boards seem well on their way to mastering the art of conducting business virtually, but one area that may still be a challenge during ...