Investment Management Regulatory Update
Client Newsletter

Created date


Industry Update

  •  Treasury Department To Develop Anti-Money Laundering Rules for Investment Advisers 
  •  Proposed Treasury Regulations Clarify U.S. Taxation of Investments by Foreign Governments 
  •  SEC Grants No-Action Relief to Mutual Fund Proposing to Transfer Assets to Affiliated Liquidating Trust 


  •  Federal District Court Imposes $92.8 million Civil Penalty on Hedge Fund Manager Raj Rajaratnam 
  •  SEC Settles with Advisory Firm for Improper Fees Paid to Mutual Fund Sub-Adviser 
  •  FINRA Fines Brokerage Firm for Unsuitable Sales of UITs and Floating-Rate Loan Funds