Best of the Web – July 2015
Welcome to the July 2015 “Best of the Web.” Morgan Lewis outlines some recent “pay-to-play” developments, ACA details FINRA regulatory activity, and Kramer Levin gives the ins and outs of interval funds. You should also check out Schulte’s piece on asset manager m&a trends.
“Pay to Play” Developments (Morgan Lewis)
http://www.morganlewis.com/pubs/pay-to-play-developments
FINRA Regulatory Actions – April-June 2015 (ACA)
http://www.acacompliancegroup.com/news/compliance-alert/finra-regulatory-actions-april-june-2015
“Interval Alts” Combine Benefits of Alternative Mutual Funds and Traditional Hedge Funds (Kramer Levin)
Trends in Asset Manager M&A – Five-Year Empirical Deal Study (Schulte Roth & Zabel)
ICAV – The New Irish Collective Asset-Management Vehicle (Dechert)
Level 2 investments: Best practices for REIT valuation (Grant Thornton)
AIFMD Passport a “No-Go” for U.S. Managers (K&L Gates)
http://www.klgates.com/aifmd-passport-a-no-go-for-us-managers-07-31-2015/
New IRS Proposed Regulations Target Fee Waivers But Have Broader Applicability (Seward & Kissel)
http://www.sewkis.com/pubs/xprPubDetail.aspx?xpST=PubDetail&pub=700
Legal Alert: Volcker Agencies Provide Seeding Period Guidance for BDCs, RICs and FPFs in New FAQ (Sutherland)
Evolution of the mutual fund transfer agent: Embracing the challenges and opportunities (PWC)