The U.S. Securities and Exchange Commission (SEC) is preparing new rules regarding oversight of mutual funds and hedge funds. Regulators are worried the asset management industry poses risks to the financial system. Apparently, the SEC is considering "stress tests" to see whether major fund companies can weather economic shocks. The organizatoin also expressed worries about the use of derivatives to boost returns.
On a far less serious note, here in Canada, Wealth Professional is also performing a survey of fund providers. No regulatory issues at play here, simply a curiosity about what it is advisors think about their fund providers. Recently posted on the WP site is a new survey: Advisors on Fund Providers 2014. Here is your chance to have a say about the service those who provide your investment products. Take a few minutes to work through the survey. We're hoping to get a sense of what you, industry professionals, have to say about the companies that provide your investment products. Whether you invest through ETFs, mutual funds or some exotic exempt market security, please, let us know what you think. The results will run in the October print version of Wealth Professional.
The survey can be found, here