On May 8, 2009, the SEC settled an adminstrative enforcement action against New York Life Investment Management LLC ("NYLIM") regarding NYLIM's disclosures to a fund board during three annual investment advisory contract renewal process periods and certain disclosures about the cost to shareholders of a guarantee feature applicable to their investment in the MainStay Equity Index Fund.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact customerservices@lexology.com
RegisterSEC settles enforcement action against NYLIM relating to disclosures to fund board during 15(c) process
To view this article you need a PDF viewer such as Adobe Reader.
USA
June 1 2009
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries@lexology.com.
Related topic hubs
Onno Rijsdijk
Director, Legal
CAE Aviation
What our clients say
"I am a frequent reader of Lexology as it is an efficient and concise service. It is very relevant as a large part of these communications come from law firms, who have a clear interest in marketing their organizations expertise in key areas of business law"
