by Karrie McMillan and Laura Magyar | Jul 8, 2020 | Patomak Post
Remember the old saying, “a penny saved is a penny earned?” Well, that adage might be useful for teaching children the value of saving, but it doesn’t always apply to the more important things in life. Would you put off replacing that missing shingle to save a few...
by Karrie McMillan and Tim Tian | Jul 7, 2020 | Patomak Post
While non- and semi-transparent exchange-traded funds (“STETFs”) have been present since early 2016 with the introduction of NextShares by Eaton Vance, the past several years have not seen a warm embrace of this novel idea by fund families. Nonetheless, many have...
by Karrie McMillan | Jun 30, 2020 | Patomak Post
Recently, the SEC staff lifted a huge weight off of the backs of long-term closed-end fund (CEF) shareholders by issuing a statement that it would not recommend enforcement action if these funds took advantage of another means to ward off activists seeking to change...
by Karrie McMillan and Tim Tian | May 29, 2020 | U.S. Regulatory Update
Two ways regulatory agencies can effectuate the recent White House Executive Order requiring them to find ways to reduce burdens to jumpstart economic growth: 1) think creatively; and 2) consider permanent relief. The COVID-19 pandemic has placed a spotlight on a...
by Karrie McMillan | May 20, 2020 | Patomak Post
The COVID-19 pandemic has muddied many waters. There is more uncertainty than ever about school, work, life in general. That’s why a recent proposal from the Securities and Exchange Commission was such a breath of fresh air, even though it’s entirely unrelated to the...
