12b-1 Fees

NASAA Forum Highlights Different Perspectives on 12b-1 Reform

It was an eclectic group: Vanguard founder Jack Bogle, new Investment Company Institute general counsel Elizabeth Krentzman, former Securities Industry Association general counsel Stuart Kaswell, senior Kirkpatrick & Lockhart partner Richard Phillips, and NASAA officials Patricia Struck and Denise Crawford. Needless to say, they did not see eye-to-eye on what the SEC should do about […]

SEC To Adopt Portfolio Manager Disclosure Rules and Directed Brokerage Ban

On August 18, the SEC plans to adopt changes to the way funds disclose information about their portfolio managers and the way they use brokerage to compensate broker-dealers for selling their shares. As proposed, the portfolio manager rulemaking would require that open- and closed-end funds provide new SAI disclosure about:other accounts managed by the funds […]

Mutual Fund Advisers Urged to Abandon Soft Dollars

Yet another group has added its voice to the call for soft dollar reform. Last week, the Mutual Fund Directors Forum officially recommended that mutual fund independent directors prohibit their funds advisers from participating in soft dollar arrangements in trades for the funds. The position was announced in the groups “Best Practices and Practical Guidance […]

Audio Interviews

How to Read an SEC Enforcement Action

Stern Tannenbaum law firm partner Aegis Frumento on how to get the most from reading an SEC administrative order or court complaint.

Most Important Supreme Court Decisions for Advisers and Funds

Find out the high court decisions from recent years that are likely to affect how advisers and investment companies work from Debevoise partner Robert Kaplan. 

Top 10 Cybersecurity Steps to Take Now

Sutherland law firm partner Brian Rubin shares the most urgent cybersecurity steps for investment advisers.

Top Marketing Problems … and Solutions

Get solutions for the top marketing challenges that advisers face from ACA Compliance Group managing director Kimberly Daly

Watch Out for 5 Cybersecurity Myths

ACA Aponix Director Pascal Busnel on the most common cybersecurity myths that may cause firms to spend resources where they may not be needed.

The Hidden Costs of Non-Compliance

Proskauer law firm partner and former SEC Division of Investment Management deputy director Robert Plaze on why the costs of non-compliance go way beyond an SEC penalty.

CCO Liability: How to Protect Yourself

Find out from Blue Edge Capital CCO Margaret Fretz what chief compliance officers may be liable for and best practices to make sure you are protected.

Ethics or Compliance: Making the Choice

Find out the difference an ethics, rather than a compliance, perspective makes at an advisory firm from former Ethics and Compliance Officer Association COO Timothy Mazur.