10 Things

10 Things...about the amended Names Rule
By FBV Staff
The Securities and Exchange Commission last week adopted amendments to Rule 35d-1, commonly referred to as the Names Rule. According to a Sept. 20 statement from the regulator, "the amendments modernize and enhance the Names Rule and other names-related regulatory requirements to further the Commission's investor protection goals and to ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Legal

Defendants, SEC spar in Pinnacle liquidity rule case
By Hillary Jackson
Lawyers for the defendants and for the Securities and Exchange Commission have filed dueling briefs with the U.S. District Court for the Northern District of New York in the regulator's first-ever case related to enforcement of the liquidity risk management rule it adopted in 2016. This follows motions to dismiss ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Succession

Wasatch Funds adds director ahead of retirement
By Hillary Jackson
Wasatch Funds has added a fifth independent director ahead of a retirement—and loss of "deep industry knowledge"—at year-end. The addition allows for an overlap of several months before the all-independent board returns in January to its normal size of four directors around the table, Chairman Heikki Rinne told Fund Board ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

New IDC data: Diversity takes hold in fund boardrooms
By Hillary Jackson
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a rapid pace in recent years. According to data from the Independent Directors Council, in the 10-year period from 2012 to 2022, the percentage of ...  >> CONTINUE READING <<<

 

 

Viewpoints

Adviser converting fund to ETF? Here are some tips for boards
By Susan J. Templeton
More than 90% of financial advisors who participated in a recent Financial Planning Association survey said they use or recommend exchange-traded funds, and of those, half said they plan to increase their usage in the next 12 months. The findings of The 2023 Trends in Investing Survey demonstrate that the ...  >> 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 - Compensation
IDC study: Director pay up more than 5% in 2022

Independent mutual fund directors earned more in 2022 than they did in 2021, according to industry data obtained by Fund Board Views. The year-on-year increase—a median of ...