United States:
Derivatives Rule Proposal: More Work For Overburdened Fund Directors
22 December 2015
Morrison & Foerster LLP
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The Securities and Exchange Commission's proposals to
modernize its regulation of fund use of derivatives and leverage
again increase the scope and complexity of the responsibilities of
investment company fund directors. If you are a mutual fund
director, click here to read Jay Baris' article in
Fund Board Views regarding what you need to know about the
SEC's proposals and how they could affect you.
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.
© Morrison & Foerster LLP. All rights reserved
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