Financial Transactions and Regulatory Compliance Review

Covering the latest in capital markets transactions, funds, annuities, financial reporting and SEC filings

Will Changes at the SEC Result in Tangible Policy Shifts?

Politics is always a major player in financial policy, though sometimes its influence is more or less apparent. Currently the role of politics in finance is front and center – with significant potential changes on the horizon. With two pending nominees to the five-person Securities Exchange Commission (SEC) and financial regulation promising to be an active topic in the upcoming 2016 elections, are we likely to see tangible changes sooner or later?

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SEC Plans Its Toughest Cybersecurity Investigation Yet: How to Be Prepared

The Securities and Exchange Commission (SEC) is about to begin a new round of investigations of financial companies regarding their data safety practices and policies. Several factors demonstrate why this inquiry promises to be more rigorous – and have more serious potential consequences – than previous inquiries we’ve seen from the SEC:

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How A CMS Can Help with Healthcare’s Unique Content Needs

Healthcare is truly an industry in flux. Corporate mergers and acquisitions, changing patient expectations, tech innovation and countless other factors require new types of collaboration between industry segments as well as new uses of content.

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Content Control in a Diverse Healthcare Environment

There’s no question that shared data across the industries that comprise the healthcare sector improves efficiency, accuracy and satisfaction. As healthcare companies grow bigger than ever through corporate mergers and acquisitions, data integration is happening on an unprecedented scale, with great benefits.

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How Can Content Control Help Mutual Fund Data Security?

IT security for mutual funds is getting even more attention than usual due to the Securities and Exchange Commission’s (SEC) announcement of their 2015 Cybersecurity Initiative. The agency will investigate and evaluate selected investment advisers on their implementation of cybersecurity policies and practices. Analysts expect the SEC’s efforts the rest of this year and next to prompt more enforcement actions than in previous years.

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Content Control: Tricks for Using Your CMS for Workflow Management

Whether your company is working harder to meet demand or working harder to try to increase demand, you wish there was a way to make operations more efficient. The trouble with many methods of increasing productivity is that they require quite a bit of work themselves.

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Mutual Funds and Document Automation: A Match Made in Content Heaven

To be successful, financial professionals are required to become experts in many complex subjects and specialized processes. Think of what happens when say a mutual funds analyst tries to explain a moderately complicated work situation to a friend or family member with no background in the field… Eyes glaze over.

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Working With A Financial Printer in the Digital Age

By almost any measure, the future is now… We watch movies on devices that we hold in our palms while sitting in the park. Few people actually fly to the office, but business processes that used to take an entire office staff weeks to complete can be now be accomplished by a just few people in a matter of days. Which leads us to the topics of paper and working with financial printers.

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Content Control: Yes, You Can Make EDGAR Filings Easier

There is a category of things in life that are simultaneously essential for basic functioning and the source of great frustration and stress. Most people would agree that the Security and Exchange Commission’s (SEC) EDGAR filing system falls into this category. EDGAR’s layers of access codes, naming conventions, and much more often make an already unpleasant task (filing) even harder. Fortunately, recent tech innovations offer improved ways of making EDGAR interactions easier – as part of integrated content management systems (CMS). Here are some of the CMS features available that can help:

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Content Control: How The Right Content Management System Can Save Mutual Funds Money

To say mutual fund reporting is in flux is an understatement. Two Security and Exchange Commission (SEC) proposals are bound to reshape the form and substance of what mutual funds must disclose. Broader SEC proposed rule changes on compliance and disclosure would have an impact as well. How should fund managers proceed in the face of such uncertainty?

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Shareholder Activism: What the 2015 Proxy Season Reveals About the Future

In the 2015 proxy season, the relationship between investors, company executives and directors continued to change in big ways. Clearly, the influence of investors and affiliated groups is greater than ever before, but is it possible that glimmers of another big development in investor-executive dynamics can be detected? Let’s see what can be determined from the year so far.

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Clawback Rule Drawbacks: Could SEC Proposal Have Unintended Consequences?

Security and Exchange Commission (SEC) employees are probably celebrating a milestone: The agency has issued its final policy directive as required by the Dodd-Frank financial reforms. Before our regulatory colleagues put on their party hats, though, they may want to examine some of the potential effects of their recently proposed clawback rule.

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What Does Oil Sector Uncertainty Mean for M&A?

At the time of this writing, oil prices continue their unnerving dance: for a moment, prices seem to offer hope of a sustained increase, then drop in reaction to some external development. But how are companies and funds, flush with cash and eager to invest in mergers and acquisitions (M&A), responding to this pattern of low value?  

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WHAT DOES IT MEAN TO HAVE AN ISO 9001 (QUALITY MANAGEMENT SYSTEM) CERTIFICATION?

Choosing a financial printer is not easy when you have several factors to consider including cost, location and turnaround time, but one of the areas you simply cannot compromise on is quality of output. As the most universally recognized standard [Blog:What’s the Big Deal with Standards?] for a high quality management system, it’s strongly recommended to choose a financial printer with ISO 9001 certification.

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Trends We’re Seeing in Private Equity Deals

Deal-making among private equity (PE) funds has slowed enough during the first half of 2015 to cause concern, even outside the financial sphere. Pay special attention to the word “slowed,” as the deal volume for PE funds is still remarkably successful and a huge part of market performance. What can the deal-making trends in PE tell us about the larger situation?

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Cross Border Deals and Private Equity

Private Equity (PE) investment is a massive, global economic force, influencing mergers and acquisitions (M&A) trends and market behavior in general. In the first half of 2015, overall PE investment has slowed relative to 2014’s levels. PE-backed Initial Public Offerings slowed as well. To be clear, performance for the first two quarters of the year was still high enough to outpace most quarters in the past decade. What does this small slowdown say about cross-border PE deals for the rest of 2015?

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The Latest in Shareholder Activism

What We’ve Learned from 2015 Annual Meetings 

The impact of shareholder activism on corporate governance and strategy continues to grow, as well as evolve. This post examines the 2015 proxy season in order to understand recent activist developments, and identify insights for managing the activist investor phenomenon now and in the future.

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How the Strong Dollar Is Shaping Deals

The strong dollar is getting even stronger. As of this writing, the dollar index is rising in response to a surprising increase in consumer prices.  Regardless if the dollar’s value shifts somewhat higher or lower in the near future, the results invariably will continue to influence the global economy – especially the nature of deal making. Below is an outline of some of the results of the currency’s sustained strength on mergers and acquisitions (M&A) to this point, as well a discussion of the likely impact in the year ahead.

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Is the SEC Too Vulnerable, and Should the Industry Be Concerned?

In May, the financial sector was mesmerized and disturbed by reports of a takeover bid of Avon Products by a mysterious enterprise named PTG Capital Partners. The offer was filed on EDGAR, the Security and Exchange Commission’s (SEC) electronic filing system, and shares spiked. As suspicion about the veracity of PTG grew, trade in Avon shares was halted and the market faced a bumpy day. In June, SEC officials charged a Bulgarian man with concocting the false Avon filing in order to make a quick profit – along with two other fictitious filings involving other companies. 

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The SEC’s Big Data & Disclosure Proposals: What You Need to Know

(Image courtesy of www.LibertyLawsite.org)

The Securities and Exchange Commission (SEC) has released a proposed rule that is big in a number of ways: The 506-page plan regarding the form and substance of disclosure data has major implications for not just mutual fund reporting practices, but for likely future trends in reporting policy and the overall use of data by regulatory bodies. This will impact investment professionals and any SEC filing service provider.

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