Supreme Court Janus Hearing to Test Prospectus Liability
The Supreme Court has agreed to hear an appeal brought by Janus, in a case that could have implications on how much it costs for fund companies to produce prospectuses.
iPad Spurs More Boards to Go Paperless
Service providers say iPads are particularly appealing to mutual fund directors because they’re easier to use than other electronic devices.
Subpar Valuation a Top Compliance Failure to Avoid
Failing to ensure CCO independence and overlooking conflicts are also high on the list.
Managing Liquidity Risk an Evolving Process for Boards
The exact role directors should play in overseeing liquidity risk isn't spelled out in the '40 Act.
Closed-End Reporting Needs Standardization: Observers
Standardization is greatly needed in the way closed-end funds deal with disclosure and expense ratio reporting, according to many observers.
The Unsung but Important Details of Financial Reform
Buried within the 2,300-plus page financial reform bill are provisions that will bring significant change to how mutual funds and their boards do business, our guest columnist Jane A. Kanter of Dechert writes.
Industry News Roundup
Allianz moves away from Nicholas-Applegate brand; BlackRock goes to Washington; CCOs’ work increases, but not their pay.
How Financial Reform Will Affect Boards [Video 4:31] [Audio]The legislation’s impact on derivatives is one area directors can focus on ahead of its passage. [Transcript]