Funds Talk: June 2016

Topics covered in this issue include:

Activist Investors Draw Legislators’ Attention

• Legislators and the public are pressing for more stringent rules related to activist investors, but regulators have yet to respond.

U.K. to Vote on EU Membership 

• Should British voters choose to leave the EU, it would create several challenges for fund managers across the alternative investment space.

SEC Targets Valuation Issues

• The SEC’s enforcement director has highlighted hedge fund managers’ valuations as a "core issue" in the regulator’s examinations.

Securitization Industry Responds to Risk Retention Rules

• Changes to the rules governing RMBS and other securitized assets are pushing asset managers to explore different strategies and structures to address risk retention requirements.

Dodd-Frank and Incentive-Based Compensation

• In an effort to prevent "inappropriate" risk taking, the SEC and other federal agencies have proposed a rule that would require significant oversight of incentive-based compensation at financial institutions.