Title

Investment Management Regulatory Update
Client Newsletter

Created date

3/24/2014

SEC Rules and Regulations
 SEC Staff Responds to Questions About Form PF
 IM Guidance Update Clarifies Advisory Fee Rate Requirement for Multi-Manager Funds
 IM Guidance Update Advises Investment Companies on Unbundling of Proxy Proposals
Industry Update
 SEC Announces Initiative Directed at Never-Before Examined Registered Investment Advisers
Litigation
 SEC Sanctions Credit Suisse for Providing Unregistered Services to U.S. Clients
Notes from Europe: European Regulatory Developments
 European Court of Justice decision on scope of ESMA’s powers
 ESMA publishes updated Q&A on the application of the AIFMD
 ESMA Publishes Updated Table of Current AIFMD Memoranda of Understanding
 Political Agreement Has Been Reached on UCITS V