Fund Director's Guidebook, Fourth Edition

Sprache: Englisch

Verlag: American Bar Association, 2025

1634252659 / 9781634252652

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Artikelbeschreibung des Verkäufers

This guide covers open-end funds (typically referred to as mutual funds), closed-end funds and exchange-traded funds. It is intended to assist directors of investment companies registered under the Investment Company Act of 1940 in fulfilling their responsibilities. Since 2006 when the third edition was published, there have been significant developments affecting funds in the wake of the 2008-2009 financial crisis and the resulting legislation, the Dodd-Frank Act. There also has been increased civil litigation involving funds and their service providers, and a more active role of the SEC and its staff in asserting securities law fund-related violations, including SEC enforcement actions against independent directors brought under the 1940 act's compliance rule. This guidebook provides directors with an overview of the functions, responsibilities, and potential liabilities of fund directors; information about the structure and operations of the board and its relationship to the investment adviser, the distributor, and others; assistance to directors in discharging their responsibilities; suggestions as to how independent directors can best fulfill their responsibilities.…

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Titel
Fund Director's Guidebook, Fourth Edition
Autor
Federal Regulation Of Securities Committee
Verlag
American Bar Association
Erscheinungsjahr
2025
Zustand
Good
Einband
Paperback
Sprache
Englisch
ISBN-10
1634252659
ISBN-13
9781634252652
Auflage
4. Auflage

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