In the Margins

PwC, SEC in talks to resolve independence dispute

June 14, 2016

By The Wall Street Journal

PricewaterhouseCoopers LLP is talking with the Securities and Exchange Commission to resolve a dispute about whether it is too close to some of its mutual fund clients. The disagreement centers on the Loan Rule, according to federal filings from fund companies including BlackRock Inc., Goldman Sachs Asset Management and Delaware Investments. Read the original story from The Wall Street Journal.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...

Top of the Agenda - Regulatory
SEC to advisers: Turn over 15(c) documents, info

The Securities and Exchange Commission has begun requesting documentation and information from mutual fund advisers about their funds' 15(c) processes and fees. The Division of Enforcement ...