Investment Management Update: May – June 2012
Ropes & Gray
June 26, 2012
10 pages
In this Issue:
- FSOC Establishes Process for Designating Nonbank Financial Companies for Oversight by the Board of Governors of the Federal Reserve System
- ICI and U.S. Chamber of Commerce Seek Summary Judgment Vacating Amendments to CFTC Rule 4.5 and New Rule 4.27
- SEC Publishes Guidance on Hedge Fund/Private Equity Fund Distinction for Purposes of Form PF
- CFTC Adopts Recordkeeping and Reporting Rules with Respect to Historical Swaps
- Goldman Sachs Fined $22 Million for Flawed Insider Trading Procedures
- NASDAQ and NYSE Propose Pilot Programs to Promote Improved Market Making for Thinly-Traded ETFs
- UK Financial Services Authority Fines Hedge Fund CEO
- Non-U.S.Adviser Settles with FSA, SEC Over Conflicts of Interest in Transactions Involving a Registered Fund
- Moody’s Revises Ratings Guidelines for Securities Issued by Closed-End Funds