FundLaw at Yahoo! Groups http://groups.yahoo.com/group/FundLaw/ FundLaw SEC Proposes Money Market Fund Amendments Mon, 10 Jun 2013 03:49:07 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1375 http://groups.yahoo.com/group/FundLaw/message/1375 The Securities and Exchange Commission has proposed revisions to its rules governing money market funds. Release Nos. 33-9408, IA-3616, IC-30551 (June 5, SEC Open Meeting To Consider Money Market Fund Rules Wed, 29 May 2013 21:57:52 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1374 http://groups.yahoo.com/group/FundLaw/message/1374 The Securities and Exchange Commission has scheduled an open meeting on Wednesday, June 5, to consider proposing amendments to its rules governing the Sixth Circuit Lowers Bar for Soft Information Prospectus Claims Wed, 29 May 2013 01:36:07 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1373 http://groups.yahoo.com/group/FundLaw/message/1373 The U.S. Court of Appeals for the Sixth Circuit has ruled that plaintiffs, in a claim made under Section 11 of the Securities Act of 1933, need not show that Supreme Court To Consider Fund Adviser Retaliation Claims Tue, 21 May 2013 00:15:34 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1372 http://groups.yahoo.com/group/FundLaw/message/1372 The Supreme Court has granted certiorari to consider whether the anti-retaliation provisions of the Sarbanes-Oxley Act of 2002 extend protection to employees SEC and CFTC Adopt Final Identity Theft Red Flags Rules Thu, 11 Apr 2013 23:36:27 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1371 http://groups.yahoo.com/group/FundLaw/message/1371 The Securities and Exchange Commission and the Commodity Futures Trading Commission have jointly adopted rules requiring affected entities to develop and Supreme Court Rules on Class Actions, Statute of Limitations Thu, 28 Feb 2013 23:08:13 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1370 http://groups.yahoo.com/group/FundLaw/message/1370 The Supreme Court ruled yesterday that there is no requirement to prove materiality before certification of a class action under Rule 10b-5. Amgen Inc. v. Mutual Fund After-Tax Returns Must Be Adjusted Mon, 25 Feb 2013 23:56:16 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1369 http://groups.yahoo.com/group/FundLaw/message/1369 The staff of the Securities and Exchange Commission has announced that reported after-tax returns for mutual funds and exchange-traded funds must be adjusted FINRA Panel Rules Customer Agreements Can Waive Class Actions Mon, 25 Feb 2013 06:00:22 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1368 http://groups.yahoo.com/group/FundLaw/message/1368 A FINRA hearing panel has ruled that FINRA rules contravene the Federal Arbitration Act and are unenforceable to the extent that they forbid customer Complaint Filed for Excessive Securities Lending Compensation Tue, 29 Jan 2013 20:43:35 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1367 http://groups.yahoo.com/group/FundLaw/message/1367 Two shareholders of a family of exchange-traded funds have brought suit against the ETFs' investment adviser and trustees for allegedly excessive compensation Mary Jo White Nominated To Chair SEC Fri, 25 Jan 2013 00:29:57 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1366 http://groups.yahoo.com/group/FundLaw/message/1366 As widely reported, President Obama announced today that he will nominate Mary Jo White to serve as a member of the Securities and Exchange Commission and will Court Refuses To Dismisses Amended 36(b) Complaint Tue, 18 Dec 2012 04:25:21 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1365 http://groups.yahoo.com/group/FundLaw/message/1365 A federal judge in New Jersey has refused to dismiss a complaint under Section 36(b) of the Investment Company Act of 1940 alleging excessive investment District Court Upholds CFTC's CPO Rule Change Thu, 13 Dec 2012 02:29:24 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1364 http://groups.yahoo.com/group/FundLaw/message/1364 The U.S. District Court for the District of Columbia has rejected a challenge to the Commodity Futures Trading Commission's rule changes that will require some Champ Discusses SEC Initiatives Relating to Investment Advisers Mon, 10 Dec 2012 03:35:56 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1363 http://groups.yahoo.com/group/FundLaw/message/1363 Norm Champ, Director of the Division of Investment Management at the Securities and Exchange Commission, on Thursday gave a speech on the current work of the FSOC Proposes Money Market Fund Reforms Thu, 15 Nov 2012 06:45:48 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1362 http://groups.yahoo.com/group/FundLaw/message/1362 The Financial Stability Oversight Council on Tuesday released Proposed Recommendations Regarding Money Market Mutual Fund Reform (Nov. 2012). The proposed Geithner Plans FSOC Recommendation on Money Market Fund Reform Fri, 28 Sep 2012 04:00:23 GMT Baker, John http://groups.yahoo.com/group/FundLaw/message/1361 http://groups.yahoo.com/group/FundLaw/message/1361 Treasury Secretary Timothy Geithner, in his capacity as Chairperson of the Financial Stability Oversight Council, has circulated a letter to other FSOC members