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19 Mar 2021, 6:08 am
Securities and Exchange Commission, on Thursday, March 18, 2021 Tags: Asset management, Institutional Investors, Mutual funds, Proxy advisors, Proxy voting, SEC, Securities regulation, Shareholder voting, Transparency [read post]
17 Mar 2021, 10:46 am by Daniel Jin
Securities and Exchange Commission’s Division of Examinations, Comments at Investment Company Institute Conference (March 15, 2021). [11]See Suzanne Smetana, ESG and the Biden Presidency (Jan. 23, 2021), https://www.etftrends.com/esg-channel/esg-and-the-biden-presidency/; Stephen Bier, Julien Bourgeois, and Nicholas DiLorenzo, Expectations Under the Biden Administration: The ESG and Diversity/Inclusion Outlook for Reporting Companies and Asset Managers (Jan. 5, 2021),… [read post]
4 Mar 2021, 9:55 am by Evan Schwartz
ERISA definition of fiduciary The goal of ERISA was to ensure that those who manage retirement plans or their assets do so solely in the interest of the plan participant, and that they make good choices with regard to the investment of assets. [read post]
2 Mar 2021, 4:17 pm
The form listed Stark as the managing member of the LLC and purported to convert the LLC to Holistic Supplements, Inc., a corporation with Stark as the sole shareholder. [read post]
19 Feb 2021, 1:56 pm by Silver Law Group
 In First Landing’s case, First Landing invested all of its capital with Prophecy Asset Management, L.P. [read post]
18 Feb 2021, 9:15 am by Kristian Soltes
District Judge Jesse Furman on Tuesday ruled that 10 asset managers for the lenders — which include Brigade Capital Management, HPS Investment Partners and Symphony Asset Management — don’t have to return $504 million that Citibank said it mistakenly transferred in August while trying to make an interest payment. [read post]
17 Feb 2021, 5:01 am by Eugene Volokh
True, even poor speakers can have some assets that could be seized, so they risk some pain from a libel lawsuit. [read post]
16 Feb 2021, 12:42 pm by Silver Law Group
In January 2021, Steadfast Apartment REIT Inc. announced that it is lowering its distribution rate and limiting share repurchases, effective February 1, 2021. [read post]
11 Feb 2021, 8:10 am by Kristian Soltes
” According to the report, BNY Mellon plans to manage cryptocurrencies using a platform, now in prototype version, that will also be used to handle traditional holdings such a Treasuries and stocks. [read post]
8 Feb 2021, 7:10 am by Silver Law Group
GPB Capital Holdings FINRA arbitration claims have been piling up against GPB Capital Holdings, a New York-based alternative asset management firm that raised $1.8 billion since its founding in 2013 by Scientologist David Gentile. [read post]
8 Feb 2021, 6:13 am by Staff Attorney
  From November 2018 until May 2019 Pan was associated with Axiom Capital Management, Inc. [read post]
7 Feb 2021, 11:09 am by Kevin LaCroix
The coverage dispute arose out of underlying claims relating to the 2015 merger of Alliant Techsystems, Inc and Orbital Sciences Corporation to form Orbital ATK, Inc. [read post]
6 Feb 2021, 11:30 am by Staff Attorney
Merl recommended that Claimant invest virtually all of her investable assets in the Energy 11 oil and gas program. [read post]
5 Feb 2021, 6:01 am
Lu, Wachtell, Lipton, Rosen & Katz, on Saturday, January 30, 2021 Tags: Boards of Directors, Climate change, Diversity, Environmental disclosure, ESG, Human capital, Stakeholders, Sustainability Letter to CEOs Posted by Larry Fink, BlackRock, Inc., on Saturday, January 30, 2021 Tags: Asset management, BlackRock, Climate change, Corporate… [read post]
5 Feb 2021, 1:25 am by Shannon O'Hare
Asset managers have established management teams in continental Europe to ensure access to local regulators and clients. [read post]