John S. Marten
Vedder Price PC
Articles
SEC Staff Issues No-Action Letter Extending Existing Multi-Manager Exemptive Relief to Non-Wholly-Owned Affiliated Sub-Advisers
USA - August 9 2019 On July 9, 2019, the staff of the SEC's Division of Investment Management issued a no-action letter to the BNY Mellon family of funds and BNY Mellon...
Court Finds for Defendant Investment Adviser in Section 36(b) Excessive-Fee Case
USA - August 9 2019 On August 5, 2019, the U.S. District Court for the Central District of California found for the defendant, Metropolitan West Asset Management, LLC...
OCIE Issues Risk Alert Relating to Investment Adviser Oversight of Supervised Persons with Disciplinary Histories
USA - August 9 2019 On July 23, 2019, the SEC's Office of Compliance Inspections and Examinations (OCIE) issued a risk alert outlining its observations and...
FINRA Issues Supplemental Guidance on Giving Credit for Extraordinary Cooperation
USA - August 9 2019 On July 11, 2019, FINRA issued Regulatory Notice 19-23 to restate and supplement its prior guidance to member firms on the circumstances under which...
Second Circuit Creates Split Regarding Private Right of Action for Rescission under Section 47(b) of the 1940 Act
USA - August 9 2019 On August 5, 2019, the U.S. Court of Appeals for the Second Circuit created a split with other courts regarding whether there is a private right of...
