ETF Operational and Regulatory Environment Drives ETF Overisght Issues

K&L Gates LLP
Contact

Exchange-traded funds share many governance oversight characteristics with traditional mutual funds. While some ETFs have been structured as unit investment trusts that lack a board structure, most ETFs are classi¬ ed as open-end investment companies governed by a board under the Investment Company Act of 1940 and subject to U.S. Securities and Exchange Commission jurisdiction. Nevertheless, ETFs have unique operational and regulatory characteristics that raise additional issues on which ETF board members must focus in discharging their oversight duties.

Originally published in Learning Curve - July 2017.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© K&L Gates LLP | Attorney Advertising

Written by:

K&L Gates LLP
Contact
more
less

K&L Gates LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide