{"product_id":"fund-directors-guidebook-fifth-edition-9781639054268","title":"Fund Director's Guidebook, Fifth Edition","description":"\u003cp\u003eThis updated fifth edition reflects a large number of updates since 2015, covering significant completed and pending rulemakings and other initiatives by the SEC, including those relating to the following: liquidity risk and cybersecurity risk management; exchange traded funds; the use of funds of derivatives; fair valuation; funds investing in other funds; money market fund (\"MMF\") reform fund names; environmental (including climate), social, and governance (\"ESG\") investing; and industry developments including LIBOR transition, responses to the COVID-19 pandemic, and greater focus on diversity, equity, and inclusion.\u003c\/p\u003e\u003cp\u003eTo assist directors of investment companies registered under the Investment Company Act of 1940 in fulfilling their responsibilities, this guide provides: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003ean overview of functions, responsibilities, and potential liabilities of fund directors, under both the federal securities laws (including the 1940 Act) and corporate law generally;\u003c\/li\u003e\n\u003cli\u003einformation about the structure and operations of the board and its relationship to the investment adviser, the distributor, and others important to the fund;\u003c\/li\u003e\n\u003cli\u003eassistance to directors in discharging their responsibilities by providing them with enough information to enable them to understand their duties and to ask the right questions;\u003c\/li\u003e\n\u003cli\u003esuggestions as to how independent directors can best fulfill their responsibilities by reference to industry practice and legal requirements;\u003c\/li\u003e\n\u003cli\u003eand more.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eFederal Regulation of Securities Committee, Aba Business Law Section:\u003c\/i\u003e\u003c\/b\u003e - Is the principal Business Law Section committee dealing with the Federal securities laws, provides meaningful meetings, programs and information to practitioners covering a wide range of securities law topics, and through comment letters, is a significant resource to the SEC.","brand":"American Bar Association","offers":[{"title":"Default Title","offer_id":51615432311058,"sku":"9781639054268","price":78.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_868cafa3-7b63-4b5c-b905-feb71c1e2782.jpg?v=1758096009","url":"https:\/\/surprise-castle.myshopify.com\/products\/fund-directors-guidebook-fifth-edition-9781639054268","provider":"Surprise Castle","version":"1.0","type":"link"}