SEC examiners conducting a sweep of certain kinds of mutual funds and ETFs recently reiterated their interest in governance and board oversight practices, reported BoardIQ in an article titled “SEC on Board Oversight: ‘We’ll Beat This One to Death’”. Asset management partner Paulita Pike is quoted in the piece on liquidity risk. “Some boards have been working with management to settle on what kind of template will be used to update directors on the liquidity program and what information will be included in it,” Ms. Pike says.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find our more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.