Below is a summary of recent investment management developments that affect registered investment companies, private equity funds, hedge funds, investment advisers, and others in the investment management industry. Supreme Court Denies Schwab’s Petition for Review of Ninth Circuit Court of Appeals Decision; District Court Issues Decision Upon Remand - Schwab Investments’ petition to the U.S. Supreme Court for review of an April 2015 decision of the Ninth Circuit Court of Appeals, which allowed common-law claims to proceed against Schwab related to its management of the Schwab Total Bond Market Fund, was denied by the U.S. Supreme Court on October 5, 2015.