Skip to Content
Main Content

Investment Management Legal and Regulatory Update - October 2019

October 21, 2019
View as PDF

Download this quarter’s edition of the Investment Management Legal and Regulatory Update to read about the following topics:

LATEST DEVELOPMENTS: FUNDS

  • SEC Encourages Funds to Review Performance and Fee Disclosures
  • SEC Provides Recommendations to Improve Principal Risks Disclosure
  • SEC Modernizes the Approval Framework for Exchange-Traded Funds

LATEST DEVELOPMENTS: ADVISERS

  • SEC Provides Guidance Regarding Advisers’ Proxy Voting Responsibilities
  • OCIE Issues Risk Alert Regarding Principal and Agency Cross Trading
  • OCIE Issues Risk Alert Relating to Oversight of Supervised Persons with Disciplinary Histories and General Compliance and Supervision Issues

LITIGATION

  • Second Circuit Finds Private Right of Action under Section 47(b) of the Investment Company Act
  • Regulation Best Interest Litigation
  • Courts Reject Mutual Fund Excessive Fee Claims Following Trials

COMPLIANCE DATES FOR FINAL RULES

  • Liquidity Risk Management Programs (Rule 22e-4)
  • Form N-LIQUID
  • Amendments to Form N-CEN Associated with Liquidity Rule
  • Amendments to the Certification Requirements of Form N-CSR
  • Investment Company Reporting Modernization: New Form N-PORT
  • Rescission of Form N-Q
  • Form N-1A
  • FAST Act Amendments Impacting Registration Statement and N-CSR Filings
  • Form CRS, Client Relationship Summary

Download the Update

 

Join Our Mailing List

Need to stay current on the latest news, trends and regulatory issues impacting your business? Subscribe today! We know your time is valuable, so we limit our communications to only the most pertinent info you need to stay informed.

Subscribe