Getting a handle on the stream of share classes offered by mutual funds and their attendant fees can seem formidable. Yet recent share class allocation ...
In a 3-1 vote Dec. 11th, SEC commissioners approved a proposal that would create new Investment Company Act rule 18f-4 that would give mutual funds, ...
The latest chapter in a roller coaster case against two former State Street executives that began with the 2007 subprime mortgage crisis ends with their ...
When the trail of an alleged pump-and-dump scheme appeared to lead to a bank in the Cayman Islands and a trading firm in Panama, the ...
Last week, the President signed into law the highway bill. Buried in the new law is a provision amending the Gramm-Leach Bliley Act’s requirement that ...
A failure to disclose “with sufficient prominence and detail” that its investment strategy’s advertised performance was hypothetical rather than actual has landed Alpha Fiduciary and ...
Details on exam trends and the application of exemptions and exclusions from the municipal advisor registration rules will be among the issues covered at the ...
You won’t need to be part of OCIE’s second cybersecurity sweep exam to be asked about your firm’s approach to IT concerns (IA Watch, Sept. ...
Coming up with a workable industry benchmark for a compliance budget – given the variety of business models and firm sizes – can be harder ...
Confusion over the custody rule continues to reign more than five years after the SEC revised the rule. And even OCIE examiners don’t always agree ...