Mutual Funds

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by registered investment adviser Comprehensive Capital Management, Inc. (“CCM”) in connection with its ...

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by Founders, a dually-registered investment adviser and broker-dealer, in connection with its mutual ...

When considering funds for the Master List and MAAP, BMO Asset Mgmt evaluated the lower-cost institutional share class for both Proprietary Mutual Funds and non-proprietary ...

The Securities and Exchange Commission (the “Commission”) is adopting a new rule under the Investment Company Act of 1940 (the “Investment Company Act” or the ...

The SEC Sept. 16 charged two Prudential Financial subsidiaries with failing to disclose conflicts tied to a 2006 reorganization aimed at taking advantage of certain ...

These proceedings arise out of breaches of fiduciary duty and failures to disclose by registered investment adviser Sigma in connection with its mutual fund share ...

A lawsuit filed Aug. 29 in federal court claims an adviser breached its fiduciary duty obligations by placing clients in higher fee mutual fund share ...

December 1 marks the date by which mutual fund advisers managing under $1 billion in assets must come into compliance with the SEC’s liquidity risk ...

A new Investment Company Institute report on proxy voting released July 29 reveals that fund advisers don’t mechanically vote or take a one-size-fits-all approach when ...

OCIE examiners visited the mutual fund adviser with one goal: to assess if the fees it receives for shareholder services were legit. “If you’re collecting ...