On December 3, the SEC adopted Rule 2a-5 under the Investment Company Act of 1940, as amended. Under Rule 2a-5, determining fair value in good faith with respect to what a fund will require: (1) the periodic assessment and management of material risks associated with the determination of the fair value of the fund’s investments,
Financial technology (“fintech”) has become one of the most important inventions in today’s world. However, technology’s overall impact on our financial institutions is still unclear. Fintech has become an essential tool in the financial world, but we need to (i) identify and (ii) improve the potential uses of fintech for the financial systems of the future. The role of the federal government in this context is especially important, but complicated.
COVID-19 has created incredible technology and compliance challenges for many companies. To better confront these challenges in a rapidly changing, uncertain world, businesses should smartly integrate their compliance and information technology functions.
Temple Law alumnus Carl Hittinger discusses the positions of the Federal Trade Commission and the Department of Justice as calls for antitrust investigations into “Big Tech” companies escalate. The agencies, which share civil antitrust enforcement authority, reportedly are tussling over the right to investigate social media, online retail, search engine, and app store companies, raising the possibility of wasted resources, duplicative investigations, inconsistent positions, and confusion.
This is the first in what we hope will become a regular series of interviews with members of the Temple business law community about their work, the business law community, and business law practice generally. Jon Smollen directs Temple’s Center for Compliance and Ethics (CCE), and recently sat down with The 10-Q’s editors to talk
Temple Law Review and Temple’s Center for Compliance and Ethics host symposium on corporate compliance