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Law - Fund Director's Guidebook, Fourth Edition

Description

Book Synopsis: Fund Director's Guidebook, Fourth Edition covers open-end funds (typically referred to as mutual funds), closed-end funds and exchange-traded funds. It is intended to assist directors of investment companies registered under the Investment Company Act of 1940 in fulfilling their responsibilities. Since 2006 when the third edition was published, there have been significant developments affecting funds in the wake of the 2008–2009 financial crisis and the resulting legislation, the Dodd-Frank Act. There also has been increased civil litigation involving funds and their service providers, and a more active role of the SEC and its staff in asserting securities law fund-related violations, including SEC enforcement actions against independent directors brought under the 1940 act’s compliance rule. This guidebook provides directors with: an overview of the functions, responsibilities, and potential liabilities of fund directors; information about the structure and operations of the board and its relationship to the investment adviser, the distributor, and others; assistance to directors in discharging their responsibilities; suggestions as to how independent directors can best fulfill their responsibilities; and much more.

Details

Are you a fund director looking for guidance and support in fulfilling your responsibilities? Look no further than the Fund Director's Guidebook, Fourth Edition! This comprehensive guide covers open-end funds, closed-end funds, and exchange-traded funds, providing you with the knowledge and tools you need to succeed. With the ever-changing landscape of the financial industry, staying up-to-date is crucial. That's why this fourth edition includes all the latest developments that have occurred since the third edition was published in 2006. From the impacts of the 2008–2009 financial crisis to the implementation of the Dodd-Frank Act, this guidebook has you covered.

One of the key features of this guidebook is its emphasis on helping directors navigate potential liabilities. With increased civil litigation and more active oversight from the SEC, it's essential to understand the compliance rules and regulations surrounding investment companies. Our guidebook provides you with a clear overview of your functions, responsibilities, and potential liabilities, ensuring that you have the knowledge to make informed decisions.

Not only does the Fund Director's Guidebook provide you with valuable information, but it also offers practical assistance in discharging your responsibilities. Whether you're looking for guidance on board operations, relationships with investment advisers and distributors, or suggestions for fulfilling your role as an independent director, this guidebook has it all. We understand the unique challenges you face as a fund director, and our guidebook is designed to support your success.

Don't miss out on this essential resource for fund directors. Invest in your knowledge and get your copy of the Fund Director's Guidebook, Fourth Edition today!

Click here to get your copy of the Fund Director's Guidebook, Fourth Edition.

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