What are the key regulations affecting fund management?

What are the key regulations affecting fund management?

Key regulations include the Investment Company Act, Dodd-Frank Act, and MiFID II, which govern fund operations and investor protection.

How do these regulations impact fund managers?

These regulations require fund managers to adhere to strict reporting, transparency, and fiduciary standards, impacting their operational processes.

What are the penalties for non-compliance?

Penalties can include fines, sanctions, and even revocation of licenses, which can severely impact a fund's reputation and operations.

Can you provide examples of recent compliance failures?

Recent examples include cases where funds misreported performance data or failed to disclose fees, leading to significant fines.

What resources can help fund managers stay compliant?

Resources include compliance software, legal advisors, and industry publications that provide updates on regulatory changes.