Alert

Recommended Alerts

Sign Up For Alerts

Robare v. SEC: The D.C. Circuit “May” Have Punted on Key Disclosure Question, but Takes Clear Stand on “Willful” Conduct

On April 30, 2019, the U.S. Court of Appeals for the D.C. Circuit issued a long-awaited decision in Robare Group, LTD. v. SEC, providing valuable insight for investment advisers as to the level of detail courts expect to see in disclosures—both to clients and the Commission—with respect to conflicts of interest. The Robare court also concluded that the SEC cannot sustain a charge of “willfulness” with merely negligent conduct.

Read More

2019 Mutual Funds and Investment Management Conference


Time to Read: 1 minutes Practices: Asset Management

Printer-Friendly Version

Ropes & Gray’s memorandum summarizing the 2019 Mutual Funds and Investment Management Conference sponsored by the Investment Company Institute and the Federal Bar Association is available above. The Conference included sessions that discussed the following industry and regulatory developments, among others:

  • Keynote Remarks by SEC Director of the Division of Investment Management Dalia Blass & Commissioner Elad Roisman.
  • Near-term initiatives of the SEC that include investor protections and reexamining proxy voting requirements.
  • The SEC’s current examination and enforcement focus areas.
  • Cybersecurity.
  • Liquidity risk management.
  • A review of developments in mutual fund civil litigation.
  • New operational and investment challenges affected by EU regulations.

If you would like to discuss a specific session, or any other aspect of the conference, please contact any of the lawyers listed on the back cover of the memorandum or the Ropes & Gray lawyer with whom you regularly work.

Printer-Friendly Version

Cookie Settings