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Vedder Thinking | Articles Investment Services Regulatory Update

Newsletter/Bulletin

Topics

New Rules, Proposed Rules and Guidance

  • CFTC Adopts Rule Amendments to Harmonize Compliance Obligations for Commodity Pool Operators of Registered Investment Companies
  • Division of Investment Management Issues Guidance Regarding Certain Disclosure and Compliance Matters for Funds That Invest in Derivatives
  • SEC Adopts Rule Amendments to Implement JOBS Act Provisions for the Elimination of Prohibitions Against General Solicitation in Private Offerings
  • SEC Adopts Rule Amendments to Disqualify Felons and Other "Bad Actors" from Rule 506 Private Offerings
  • SEC Proposes Additional Amendments to Form D, Regulation D and Rule 156 Under the Securities Act

Other News

  • SEC's Office of Compliance Inspections and Examinations Issues Risk Alert on Advisers' Business Continuity and Disaster Recovery Planning
  • PCAOB Proposes Changes to the Auditor's Reporting Model
  • SEC Commissioner Gallagher Discusses the Need for Proxy Advisory Service Reform

Litigation and Enforcement Actions

  • Massachusetts Supreme Court Clarifies Annual Shareholder Meeting Requirement
  • Complaint Filed Against ING Investments Alleging Excessive Management Fees
  • District Court Dismisses Complaint Against BlackRock and iShares for Excessive Securities Lending Fees
  • SEC Sanctions Portfolio Manager for Forging Documents and Misleading Chief Compliance Officer
  • SEC Charges Investment Adviser for Misleading Fund Board During 15(c) Process
  • Seventh Circuit Seeks Clarification Regarding Insider Trading Prohibitions and Mutual Fund Redemptions
  • Second Circuit Affirms Dismissal of Class Action Against ProShares ETFs

To read the Regulatory Update, click the link below.