Mutual Funds

Hot topics for SEC investigators related to mutual funds include the role of the board, valuation and advisory fees, according to the Mutual Fund Directors ...

For the second year in a row, the U.S. Supreme Court will hear a case involving an investment advisory firm (IA Watch, April 19, 2010). ...

Last week's SEC no-action letter seemed to come out of nowhere yet it served to send a statement to fund boards that they're ultimately responsible ...

If you're a compliance officer for a mutual fund, you have an additional four months to meet FinCEN's deadline for developing an AML program and ...

Section 18(f)(1) generally prohibits a registered open-end investment company or series thereof (“Fund”) from issuing any “senior security.” Section 18(g) of the Investment Company Act ...

Count this as an upcoming SEC requirement put off by the new Dodd-Frank reform law: The agency has released a no-action letter stating it wouldn't ...

This real-life scenario captures the challenges faced by money managers today, especially when overseeing several funds and owing a fiduciary duty to each. To simplify ...

The staff has been asked whether an investment company registered under the Investment Company Act of 1940 ("Investment Company Act") or a company that has ...

One letter permits an investment company to offer investors more options to purchase precious minerals through an investment adviser owned by the fund board. The ...

The SEC has released “immediate guidance” designed to help mutual funds, ETFs and other investment companies be clearer in their disclosures about use of derivatives. ...