Investment Management Litigation and Regulatory Enforcement Update

Anita B. Bandy Eben P. Colby Kevin T. Hardy

On May 2, Skadden hosted the webinar “Investment Management Litigation and Regulatory Enforcement Update,” which explored litigation and regulatory enforcement activity affecting registered investment advisers, mutual funds, private funds and broker-dealers. Skadden speakers included Washington, D.C. securities and commodities enforcement partner Anita Bandy, Boston litigation partner Eben Colby and Chicago investment management partner Kevin Hardy. Topics included civil litigation activity, including class actions, activism, derivative litigation and pre-suit investigations; emerging SEC enforcement trends and priorities, such as the new Marketing Rule and Regulation Best Interest and the ongoing personal device sweep; continued areas of SEC enforcement focus, including controls involving the handling of material nonpublic information, conflicts of interest and fees; and practical board and adviser considerations in light of these and other litigation and regulatory risks.