Firm resolved allegations of KYC, suitability, conflict failures
Mutual funds stuck in net redemptions, while ETFs remain in positive sales territory
Current rules too complex, pose greenwashing risks
Rating outlook remains negative as credit fundamentals weaken
Proposal would require seg fund disclosure of embedded costs
Markets drive industry AUM higher, net flows positive for large firms
Markets drove both mutual fund and ETF assets lower in April
Regulators issue advice to fund managers on ESG terms in fund names
States failed to establish standing to oppose the rule
Regulator contemplates expanding eligible assets for retail investment funds