Mutual Funds

The SEC passed this fund of funds' rule in 2020. It affect investment advisers to mutual funds but not private funds.

CSM to pay $260K for breaching fiduciary duty, not adequately disclosing conflicts, and failing to seek best execution

The proposal is designed to alleviate concerns that fund retail shareholders currently may receive disclosure materials that are not well-suited to their needs, which may ...

"We are expressing a Staff position that an investment adviser relying on the exception for limited partnerships (or limited liability companies or other types of ...

Fund of funds arrangements, derivatives, fund valuation, advertising, and solicitation are all on the agenda

TAM required four money market funds it advised to reimburse fees and expenses previously waived

To meet this fiduciary obligation, HWIS was required to provide its advisory clients with full and fair disclosure that is sufficiently specific so that they ...

Creative failed to adopt and implement written policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder in connection ...

Respondent has submitted a sworn Statement of Financial Condition, dated February 29, 2020, supplemented as of June 30, 2020, and other evidence and has asserted ...

The published rule begins June 14, 2021. It promises “an expedited review procedure for applications” that are “substantially identical to two other applications"