Latest Developments: Funds

• SEC Extends Relief for Virtual Meetings of Fund Boards
• SEC Emphasizes Importance of Delivering Timely and Material Information to Fund Investors
• SEC Proposes Rule to Modernize Framework for Fund Valuation Practices
• SEC Adopts Expedited Exemptive Application Procedure

Latest Developments: Advisers

• OCIE Issues Risk Alert Regarding Examination Initiative: LIBOR Transition Preparedness
• OCIE Issues Risk Alert Regarding Private Fund Advisers
• SEC Proposes Amendments to Reporting Threshold on Form 13F
• DOL Reinstates Five-Part Test, Proposes New Exemption for Investment Advice Fiduciaries and Addresses Rollovers