Funds Talk: November 2019

Topics covered in this issue include: 

• NAIC Targets Collateralized Fund Obligations
  In recent months, the National Association of Insurance Commissioners has challenged the use of collateralized fund obligations (CFOs) by insurance companies. In this article, Laurence Pettit and Daniel A. Rabinowitz lay out what insurers contemplating new CFO offerings need to do in light of those challenges.
  
  
• SEC Eases Path for Exchange-Traded Fund (ETF) Launches
  Plain vanilla ETF sponsors have been granted a measure of relief from the long and expensive process of obtaining an exemption for new launches. What does this mean for you? George M. Silfen, Ronald M. Feiman and Emilie Oberlis explore some key considerations stemming from the new rule.
  

• What Funds Should Know About The New Cayman Islands Data Protection Law
  New legislation, similar to GDPR, has taken effect in the Cayman Islands, requiring corporations to obtain individual consent for the collection of personal data, and to ensure this data is protected. Samantha V. Ettari and Daniel Lennard examine how the legislation might affect your business.