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Vedder Thinking | Articles Investment Services Regulatory Update

Newsletter/Bulletin

Topics

New Rules, Proposed Rules and Guidance

  • SEC Adopts Rule and Form Amendments to Remove Credit Rating References
  • Volcker Rule Adopted by Regulatory Agencies to Limit Certain Bank Activities
  • Division of Investment Management Issues Guidance Regarding Fund Names That Suggest Protection from Loss
  • Division of Investment Management Issues Guidance Regarding Electronic Delivery of Shareholder Notices of the Sources of Fund Distributions

Other News

  • Mutual Fund Directors Forum Issues Update to Fund Governance Guidance
  • Independent Directors Council Issues Guidance on Board Composition Considerations
  • Independent Directors Council Issues Guidance on Investment Performance Oversight by Fund Boards
  • Director of the Division of Investment Management Discusses Division Improvement Initiatives

Litigation and Enforcement Actions

  • SEC Charges Money Market Fund Adviser and Portfolio Manager with Violations of the Federal Securities Laws
  • SEC Sanctions Three Investment Advisory Firms for Violating Custody Rule
  • SEC Sanctions Three Investment Advisory Firms Under Compliance Program Initiative

To read the Regulatory Update, click the link below.