More Summer Reading

Jun 20, 2019 9:28:20 AM

Last week we published an article about the SEC’s most recent cyber examinations and risk alerts. The week before we noted in our curated articles that the SEC is focused on oversight of technology vendors (like us).  If you still doubt the SEC’s focus on cybersecurity, it’s time for a reality check. SEC News Chairman Clayton just hired badass (because anyone who spends 30 years in the CIA has to ...

Curated Articles for June, 2019 (Your Summer Reading)

Jun 6, 2019 9:10:00 AM

Ah, welcome to the hot days of summer, which technically doesn’t start until June 20. But that didn’t stop temperatures around the U.S. from topping 95 degrees last week. Whew! And with that warm, beach weather comes the start of vacation season. So in case you forgot to pack that massive stack of reading material that you’ve been collecting since January, below are some articles for your reading ...

An Analysis of the SEC's Proposed Fund of Funds Rule

Apr 19, 2019 11:00:00 AM

SEC’s Proposed Fund of Funds Rule Simplifies Fund of Funds Compliance, But Creates Liquidity Concerns By John Yoder and Bo Howell For over a decade now exchange-traded Funds (“ETFs”) have become a primary investment for asset managers to gain low-cost access to broad segments of the markets. More recently, ETFs have grown to focus on more niche parts of the investment universe (e.g., sector ETFs, ...

Liquidity is Out, ETFs are In

Apr 7, 2018 4:43:26 PM

The SEC’s stance on its not-yet-effective liquidity rule appears fluid, as commissioners push to abandon part of the rule and certain division heads move on to other topics. At the 2018 ICI Mutual Funds and Investment Management conference, Commissioner Hester Peirce and division director Dalia Blass signaled the possible end of the liquidity rule as an emphasis of the SEC. Commissioner Hester not...