Mutual Funds

Crown predominantly recommends and invests advisory clients’ uninvested cash in money market funds for which the Clearing Broker has agreed to pay Crown the highest ...

Intervest and Carson caused certain advisory clients to invest in Standard Units and Fund Class A shares when otherwise identical, but less expensive, Fee Account ...

"The events brought particular focus to prime money market funds, and their interrelationship with investments in commercial paper and certificates of deposit. CP and CD ...

Case flags the critical importance of fund advisers being truthful and transparent about risk management

CFI did not adequately disclose all material facts regarding the conflict of interest that arose when it invested advisory clients in a share class that ...

LJM’s failure to manage its portfolios in the manner described to investors resulted in catastrophic losses in early February 2018 when the S&P 500 suffered ...

'If there’s even the remotest notion that something could cause a disclosure issue, put it in.'

These FAQs are directed at BDCs and mutual funds

The SEC's Division of Investment Management publishes FAQs giving guidance to mutual fund advisers on their compliance obligations regarding required filings

In a new 'Information Update' from the SEC’s Division of Investment Management, the agency announces the withdrawal of nine and the modifying of 28 staff ...