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.

The UK Financial Conduct Authority established final rules and guidance to improve investor protections in the UK asset management industry.

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 U.S. Department of the Treasury released a report critical of the Consumer Financial Protection Bureau arbitration rule.

The SEC Office of Investor Education and Advocacy issued an Investor Bulletin detailing factors to consider when opening an investment advisory account.

An industry Determinations Committee suspended the settlement of credit derivatives transactions referencing Noble Group Ltd.

The U.S. House of Representatives voted to approve a joint resolution to block the recently adopted Consumer Financial Protection Bureau arbitration rule.

House and Senate Republicans introduced resolutions to nullify the final arbitration rule adopted by the Consumer Financial Protection Bureau.