In this Edition: Are index providers now governance watchdogs?; After two years in the regulatory hot seat, prime funds’ assets fall and yields rise; Fintech companies moving from the shadows to the spotlight; Private funds fee and expense disclosure—still can’t disclose enough?
In this Edition: Investment advisors and regulators step up focus on cybersecurity; A bit of paperwork helps advisors avoid inadvertent custody of client assets; Fiduciary Rule’s future starting to come into better focus; Puerto Rican bond holders may face long wait as island works through Title III proceedings; Merger & acquisition activity slows despite anticipated soft regulatory touch.
Our February edition is traditionally a look at the year ahead, and with a new US administration looking to roll back many of the regulations passed in recent years, there’s plenty to cover. We discuss several areas to watch including banks, tax reform, mutual funds, hedge funds, and private equity. In this edition we also cover recent developments that may create more challenges for active managers—the US Department of Labor’s Fiduciary Rule and a spate of lawsuits against 401(k) and 403(b) plan sponsors.
In this Edition: Mutual fund liquidity back in the spotlight; New rules and regulations under consideration by several regulatory bodies; Regulators use FCPA to follow the money; Debt financing rules sharpen.
In this Edition: New rules could benefit asset-backed securities investments; “Brexit” has potential to create additional oversight challenges and requirements; Burgeoning financial technology industry creates opportunity, need for oversight; Don’t forget! Money market reform is drawing near.
In this Edition: Hedge fund risks continue to draw the interest of US regulators; Potential new fee reporting template furthers push for private equity transparency; Federal court ruling creates questions around private fund structures and liabilities; Comprehensive European Union legislation adds to increasingly complex global regulatory landscape.
In this paper we share trends in liquidity creation at institutions and look at what’s behind them. We outline three building blocks to optimize liquidity management across an enterprise, providing several approaches to assessing liquidity needs holistically. We offer specific examples from US colleges and universities given the availability and breadth of data, though we believe that the lessons learned are broadly applicable. Finally, we discuss approaches to cash management in the current environment.
This edition includes a look back at key regulatory changes and proposals in 2015 and a look ahead at 2016 for mutual funds, hedge funds, and private investments.
In this Edition: Market illiquidity concerns prompt additional regulations, investor solutions New liquidity regulations designed to reduce risk and create global alignment also raise questions of applicability Collateralized loan obligation changes create interesting potential risk/reward opportunity IRS pushes back key FATCA deadlines again Market Illiquidity Continues to Raise Concerns Spurs New Trading Platform Developments We…
In this Edition: Money market fund reform may require a change in approach to cash management Updated FASB fair value guidelines modify disclosure requirements for certain assets A look at Dodd-Frank’s first five years Money Market Fund Reform Time to Make the Switch? A year ago, the US Securities and Exchange Commission (SEC) adopted rules…