Disclosure Requirements
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Litigation Finance, Sponsored ContentA New York Appellate Court Weighs In On Litigation Funding Disclosure: Relevance Is Paramount
Under what circumstances can a litigant receiving litigation financing be compelled to disclose details about the funding arrangement? -
Securities and Exchange Commission, Wall Street
The New Era of Money Market Fund Regulation
On July 23, 2014, the U.S. Securities and Exchange Commission (SEC) voted 3–2 to significantly amend the regulatory framework of money market mutual funds (MMFs), particularly Rule 2a-7 under the Investment Company Act of 1940, as amended (the 1940 Act).1 These changes come four years after the SEC last adopted several amendments to Rule 2a-7 and follow a lengthy debate surrounding MMF reform among regulators and industry participants. The amendments and related regulations will drastically alter the MMF industry and force MMFs and their boards of directors and advisers to make substantial changes to their product offerings, operations, and compliance processes.
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