Mutual Funds

Mutual fund boards are being urged to ask their principal investment adviser many questions about any fund subadvisers, including whether the fund's CCO has reviewed ...

Struggles over estimating fair value of investments that calculate NAV have been well documented of late and now the American Institute of Certified Public Accountants ...

California always has to be first. A federal judge there Dec. 28 issued an opinion in a lawsuit that claimed a mutual fund violated its ...

Congress and the SEC must move ahead to harmonize investment adviser and broker-dealer regimes, extend a "meaningful" fiduciary duty standard to all and install "an ...

Next year marks the compliance deadline for mutual funds to create a summary prospectus (IA Watch, Jan. 19, 2009). The SEC may extend the concept ...

Allegations of disposable cell phones used to relate secrets, a lawyer who divulged pending acquisitions, suspects deploying code words and a broker-dealer known as "the ...

The question before the U.S. Supreme Court, which heard oral arguments last week in a case involving investment advisory fees (Harris v. Jones), boils down ...

Even as the SEC reads industry comments on its July proposed rule affecting money market funds, it has plans for a second rule proposal next ...

The CCO had been through many regulatory exams over the years but nothing like this one. "They picked apart my fund business," says the CCO ...

When people point to the first sign of the trouble that led to the market meltdown they may cite the collapse of two Bear Stearns' ...