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Vedder Thinking | Articles Investment Services Regulatory Update



New Rules, Proposed Rules and Guidance

  • SEC Proposes Rules to Modernize and Enhance Investment Company and Investment Adviser Reporting
  • FINRA Issues Interpretive Letter on Related Performance Information
  • Division of Investment Management Issues Cybersecurity Guidance
  • Division of Investment Management Publishes FAQs on Valuation Guidance Included in the 2014 Release Adopting Money Market Fund Reforms
  • Division of Investment Management Releases Money Market Fund Reform FAQs
  • Department of Labor Issues New Proposed Rule Defining Fiduciary Investment Advice

Litigation and Enforcement Actions

  • U.S. Supreme Court Allows Plaintiffs in 401(k) Plan Case to Pursue Breach of Fiduciary Duty Claims Under Continuing Duty Theory
  • SEC Settles Charges Against Nationwide Life Insurance Company for Failing to Process Purchase and Redemption Orders in Compliance with the 1940 Act
  • U.S. Court of Appeals Rejects Defendants' Request for Rehearing in Schwab Case Relating to Violation of Fundamental Investment Policies
  • SEC Settles Charges Against Adviser and CCO for Providing Inaccurate and Incomplete Expense Allocation Methodology and Profitability Information to Fund Board in Connection with Contract Renewal
  • SEC Settles Conflict-of-Interest Case Against BlackRock and Former Chief Compliance Officer Concerning Portfolio Manager's Outside Business Activities
  • SEC Announces Fraud Charges Against Investment Adviser Accused of Concealing Poor Performance of Fund Assets from Investors

To read the Regulatory Update, click the link below.


John S. Marten