5g. IC – Investment Company Regulation: Current Issues (Intermediate - OPEN)
This session will provide an overview of current and recently adopted rule proposals impacting the investment company industry, as well as the business environment in which such vehicles operate. Panelists will discuss the evolving roles and responsibilities of Fund CCOs and investment company compliance professionals. This session will provide practical guidance on preparation and implementation to comply with new rules, share best practices, and lessons learned.
This session is open to regulators but closed to members of the press.
Learning Objectives:
Review the compliance requirements of new rules and discuss recently proposed rules.
Discuss recent enforcement actions related to anti-money laundering and AI washing and the impact of those cases on funds.
Discuss exam priorities such as due diligence of service providers, fund fees and expenses, and valuation.
Learn about the shifting nature of the industry from open-ended mutual funds to interval funds and ETFS, as well as some of the regulatory differences of those investment products.
