Investment Management Regulatory Update
Client Newsletter

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  • Supreme Court Ruling in Mutual Fund Excessive Fee Case Generally Endorses Gartenberg Standard
  • Federal District Court Denies SLUSA Preemption for State Law Claims Involving Hedge Fund Shares

Industry Update

  • Senate Banking Committee Approves Sen. Dodd’s Restoring American Financial Stability Act
  • SEC to Review Derivative Use by Mutual Funds, ETFs and Other Investment Companies; Defers Consideration of Certain ETF Exemptive Orders
  • Developments Regarding the Directive on Alternative Investment Fund Managers
  • New Developments Regarding Pay-to-Play Practices
  • Connecticut Lawmakers Propose Requiring Greater Disclosure from Advisers to Hedge Funds

SEC Rules and Regulations

  • SEC Publishes Guidance on the Custody Rule