Topics include

New Rules, Proposed Rules and Guidance

• Division of Investment Management Issues Guidance on Fund Disclosure Reflecting Risks Related to Current Market Conditions
• Division of Investment Management Issues Guidance on Oversight of Distribution Fees and Intermediary Payments

Public Statements, Press Releases and Testimony

• SEC Chair Mary Jo White Addresses Several Topics Regarding Mutual Fund Directors, Including Enforcement Actions and Oversight of Operational, Liquidity and Cybersecurity Risks
• OCIE Announces 2016 Exam Priorities

Litigation and Enforcement Actions

• SEC Settles Charges Against AIG Affiliates for Mutual Fund Sales Conflicts
• U.S. District Court Rules in Favor of Defendants on Remaining Claims in Schwab Case Relating to Violation of Fundamental Investment Policies

To read the Regulatory Update, click the link below.