Topics covered in this issue include:
Current Industry Trends in Private Fund Fees
Since the 2008 financial crisis, the fees charged by private funds have been adjusting to reflect the new economic environment and demands of investors.
Risk Retention Issues in Securitization
ABS issuers facing a new risk retention regulatory regime need to consider various issues to ensure transactions are in compliance.
The Second Circuit recently upheld the “for cause” termination of two executives after they refused to cooperate in an internal investigation into the circumstances surrounding the company’s potential criminal indictment as a result of their alleged participation in a bid-rigging scheme.
Ambiguity Continues as SCOTUS Declines to Review Madden v. Midland Ruling
The Madden v. Midland Funding ruling continues to create risk for securitization transactions involving consumer debt.
FINRA Reminds Broker-Dealers of Predispute Agreement Responsibilities
In the wake of a series of unfavorable judicial rulings, FINRA seeks to reassert its jurisdiction over predispute arbitration agreements.