Investment Management, Disclosure

FCA Preserves Key Tool for Activists in Listing Rules Reform

Skadden, Arps, Slate, Meagher & Flom LLP on 2/16/2024

Activist shareholders had a busy 2023: The incidence of activist campaigns in Europe soared by almost 70% compared to 2022, according to data compiled by Skadden and Activistmonitor. As we described in a previous issue of The...more

Effect of the MIFID II Research Regime on US Investment Managers

Morgan Lewis on 4/18/2017

The MiFID II regime will have significant ramifications for US investment managers and their use of client commissions to obtain research—especially as cross-border impacts have yet to be addressed by global regulators....more

SEC Weighs In on Robo-Advisers: Disclosure, Suitability, and Compliance Obligations

Morgan Lewis on 3/15/2017

The SEC’s Guidance recognizes that robo-advisers are fiduciaries, and provides suggestions on how they can meet the substantive requirements of the Investment Advisers Act of 1940. ...more

ESMA Consults on Guidelines on Sound Remuneration Policies under the UCITS V Directive and AIFMD

K&L Gates LLP on 10/26/2015

On 23 July 2015, the European Securities and Markets Authority (ESMA) launched a consultation on proposed guidelines on sound remuneration policies under the EU’s UCITS V Directive (the UCITS Remuneration Guidelines) and the...more

SEC Enforcement Actions Against Investment Advisers

K&L Gates LLP on 10/22/2015

According to the SEC’s most recent financial report, as of August 2014, SEC-registered investment advisers managed $62.3 trillion in assets. Not surprisingly, investment advisers attract a great deal of attention from the...more

Climate Change Disclosure - Heads I Win, Tails You Lose?

Akin Gump Strauss Hauer & Feld LLP on 4/15/2014

Arjuna Capital, a sustainable wealth management platform, and As You Sow, an environmental corporate responsibility advocacy group, have been advocating for publicly traded companies to assess and disclose the risks that...more