On December 1, 2017, the Commodity Futures Trading Commission announced its agreement to allow CBOE Global Markets, Inc. and CME Group, Inc. to list bitcoin futures contracts on their exchanges. The futures contracts, the first to be listed on traditional U.S. regulated exchanges, are expected to...
Read MoreAs year-end approaches, many mutual fund investors understand that their investments in mutual funds may generate dividend income, both ordinary and capital gains, in November or December. However, particularly for new investors and fund managers, below is an overview that provides an...
Read MoreThe obligation for registered investment companies (RICs) to pay foreign capital gains tax is not new by any means, but it is gaining more attention lately, making it imperative for fund management to take note. Foreign tax withholding on interest and dividends has been and continues to...
Read MoreThe Office of Compliance Inspections and Examinations (OCIE) has provided a risk alert to SEC-registered investment advisers (RIAs) outlining the five compliance topics most frequently identified in deficiency letters issued to RIAs in the last two years. RIAs should take note of the deficiencies...
Read MoreThe Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission (SEC) recently released its 2017 exam priorities. While the priorities continue to focus on protecting retail investors, especially those investing for their retirement, and assessing broad...
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