Top of the Agenda - Regulatory

SEC official suggests swing pricing is dead for open-end funds
By Hillary Jackson
A senior member of the Securities and Exchange Commission's Division of Investment Management on Monday indicated to mutual fund industry professionals that the Commission will not move forward with swing pricing for open-end funds. Sarah ten Siethoff, deputy director and associate director for rulemaking at the IM Division, sent "strong ...  >> CONTINUE READING <<<

 

 

Birdthistle to depart SEC, replaced by Examinations deputy
By Hillary Jackson
William Birdthistle is leaving the Securities and Exchange Commission after just over two years as director of the Division of Investment Management, the agency said on Wednesday. He will depart, effective March 8, and his successor, Natasha Vij Greiner, a 22-year veteran of the SEC and currently deputy director of the ...  >> CONTINUE READING <<<

 

 

'Cop on the beat' SEC tops enforcement action record in FY'23
The Securities and Exchange Commission—the industry's "cop on the beat," according to Chairman Gary Gensler—filed 784 enforcement actions in its September-ending fiscal year 2023, representing a 3% year-on-year increase. The number of original, or stand-alone, enforcement actions increased to 501, an 8% increase over FY'22, the SEC said. Despite those ...  >> CONTINUE READING <<<

 

 


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10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...