Former SEC, DoJ attorney Kevin Muhlendorf is the latest in a long list of those who have served as top SEC watchdog since the last long-term IG retired in 2022
6 days ago
SEC taps out on 14 stalled rule proposals
Withdrawing 14 unfinalized rule proposals clears the decks for new policies, but does not yet qualify as an effort at deregulation
6 days ago
33-Act funds grow in 40-Act market
Growth of less-regulated funds driven by interest in private-market investments, and persistent worries about over-regulation of mutual funds and ETFs
1 week ago
CCOs saw a 9.4% pay boost in 2024
MPI survey shows big pay increases, fund-board support that continues to expand beyond their normal duties
1 week ago
SEC names Daly to replace Greiner at DIM
SEC announces fund lawyer Brian Daly will lead Investment Management as part of Atkins-appointed shift toward leaders with little experience as regulators
Delay eases pressure on private-fund advisers but threat to reconsider disclosure rules could put investors, due process at risk, opponents warn
2 weeks ago
SEC drops CEF private-fund barrier
Policy change is an easy way to open retail access to private funds, but doesn't address issues about investor education or risk
Announcement that Greiner will leave July 4 comes days after her speech outlining ways the agency already gives retail investors access to private markets
Fund directors should consider how the flaws of ETFs could affect mutual funds and vice versa, and look at the specific potential problems specific to each fund before jumping on the ETF share-class bandwagon
SEC conference panelists echo conflict in arguments by SEC commissioner Peirce, DIM director Greiner
