2010
2009
2008
2007
2010
On March 11, 2010 the Forum responded to a Fund Spy article by Russel Kinnel that was critical of the role of fund directors.
Forum's Letter Kinnel Article
2009
On September 19, 2009 the Forum submitted its comment letter on the Commission's "Proxy Disclosure and Solicitation Enhancements."
Comment Letter Rule Proposal
On September 8, 2009 the Forum submitted its comment letter on the Commission's "Money Market Fund Reform."
Comment Letter Rule Proposal
On September 3, 2009 the Forum submitted a "friend of the court" brief to the U.S. Supreme Court in the Jones v. Harris Associates case. The Court has scheduled oral arguments for November 2, 2009.
Press Release Brief (pdf)
On August 17, 2009 the Forum submitted its comment letter on the Commission's
"Proposed Rulemaking Regarding Facilitating Shareholder Director Nominations."
Comment Letter Rule Proposal
In their May 5, 2009 issue (p. C-3), the Wall Street Journal featured an article about Chairman Mary L. Schapiro's May 4th keynote address at the
Forum's Ninth Annual Policy Conference, her first to the fund industry since being confirmed as SEC Chairman.
On April 23, 2009, the Forum published its Report of the Mutual Fund Directors Forum: Practical Guidance for Directors on the Oversight of Sub-Advisers.
Practical Guidance for Directors on the Oversight of Sub-Advisers (pdf)
On January 7, 2009, the Forum announced the launch of its new online Directors' Resource Center. Press Release
Back to Top
2008
The Forum's web log, Forum News Feed, was featured in an article in the October, 2008 edition of Fund Directions. Article Clipping (pdf)
On October 1, 2008, the Forum submitted its comment letter on the Commission's "Proposed Guidance Regarding the Duties and Responsibilities of Investment Company Boards of Directors with Respect to Investment Adviser Portfolio Trading Practices." Rule Proposal Comment Letter
On September 28, 2008, the Forum launched its online journal, the Forum News Feed. The
Forum News Feed is an electronic journal, or "blog," of news and resources for fund independent directors. Visit Forum News Feed
On September 5, 2008, the Forum sumbitted a letter to the SEC commenting on the Commission's rule proposals regarding references to Nationally Recognized Statistical Rating Organizations. Letter (pdf)
On May 21, 2008, the Forum submitted a letter to the Securities and Exchange Commission commenting on its ETF Rule Proposal. Letter (pdf)
On May 5, 2008, The Forum and the Millstein Center for Corporate Governance and Performance at the Yale School of Management announced that they have partnered with independent leaders of mutual fund boards of trustees to found the “Conference of Fund Leaders” (CFL), a permanent new body composed of independent board chairs and lead independent directors of mutual funds in the United States. May 5, 2008 CFL Press Release
On May 2, 2008, the Forum Staff submitted a letter to Andrew J. Dononue, Director of the SEC's Division of Investment Management, summarizing the perspective of a number of Forum members on steps the Commission Staff and the Commission should consider to enhance the effectiveness of independent fund directors by streamlining the regulatory system. May 2, 2008 Letter to Andrew J. Donohue (pdf)
On March 20, 2008, the Forum submitted a letter to the Secretary of the Treasury laying out recommendations on how the future of mutual fund regulation should be approached, and emphasizing the important role independent directors play in that future. Forum's Letter to Treasury (pdf)
On February 28, 2008, the Forum submitted a letter to the Securities and Exchange Commission commenting on its Summary Prospectus Proposal. Letter
In a February 11, 2008 article, "MFDF Board: Independent Directors Key to Success of Fund Industry," IM Insight discused the Forum Board's January 28, 2008
email to the membership with reactions and thoughts on the ICI’s recent recommendation to the Department of the Treasury regarding reform of the U.S. capital markets.
Article (pdf)
On January 29, 2008, the Forum issued a press release annoucing the publication of the Forum's report on "Practical Guidance for Directors on Board Self-Assessments."
Press Release (pdf) Full Report (pdf)
Back to Top
2007
The Forum's Executive Director, Susan Wyderko, was quoted in the November 12, 2007 Investment News article, "Fund Trustees Said to Favor Repeal of 12b-1s."
Article (pdf)
Forum President, Allan Mostoff, gave the opening address at the October 18, 2007 Brookings-Tokyo Seminar
on the
Future of Mutual Fund Regulation in the United States.
Speech Text (pdf)
On October 4, 2007 the Forum issued a press release congratulating Commissioner Nazareth on her tenure with the Securities and Exchange Commission.
Press Release (pdf)
David Smith, the Forum's Executive Vice President, was quoted in the October 4, 2007 Wall Street Journal article, "The Case for Knowing Your Fund's Directors." Article- Print Version (pdf) Article- Web Version (pdf)
On August 9, 2007 the Forum issued a press release congratulating Commissioner Campos on his tenure with the Securities and Exchange Commission.
Press Release (pdf)
In its July 16, 2007 issue, the Wall Street Journal published the Forum's response to a July 6 op-ed by the AEI's Peter Wallison.
Forum Letter (pdf) Wallison Letter (pdf)
On May 8, 2007, the Forum released its report titled, “Best Practices and Practical Guidance for Directors under Rule 12b-1." Press Release(pdf) Full Report (PDF)
At its annual awards dinner on March 8, 2007, Fund Directions honored the Forum’s President, Allan Mostoff, with its Lifetime Achievement Award; and Forum board member, Carl Frischling, was recognized as “Independent Counsel of the Year.”
On March 2, 2007, the Forum submitted a letter to the Securities and Exchange Commission pursuant to its request for more comments on investment company governance. Letter (pdf)
The Forum wrote a letter to the Editor of the (July 27, 2006) in response to former SEC Chairman Harvey Pitt's op-ed piece, "Over-Lawyered at the SEC" which appeared in the July 26, 2006 edition of the . Letter (pdf)
Back to Top
|
