The SEC, CFTC and UK Financial Conduct Authority urged market participants to address the risks posed by "opportunistic strategies" in the credit derivatives markets.
The Massachusetts Securities Division of the Office of the Secretary of the Commonwealth proposed amendments to the state's disclosure regulations for registered investment advisers.
The Managed Funds Association weighed in on the debate over "hedge clauses" as they relate to the SEC's proposed interpretation of the standard of conduct for investment advisers.
The SEC Office of Compliance Inspections and Examinations urged investment advisers to evaluate their fee and expense policies and procedures in order to meet compliance obligations.
FINRA is seeking comments on a retrospective review of rules governing introducing/clearing arrangements to determine whether they meet intended investor-protection objectives.
The Delaware Chancery Court decision serves as a powerful reminder of the broad freedom of contract that Delaware law accords entities such as LLCs. The decision offers the promise of great latitude to contracting parties and the threat of serious pitfalls for parties that fail to carefully protect their interests in the agreement.
The SEC Office of Investor Education and Advocacy issued an Investor Bulletin detailing factors to consider when opening an investment advisory account.
