September 23, 2020

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September 23, 2020

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September 22, 2020

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September 21, 2020

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Securities and Exchange Commission (SEC) Seeks Public Input on Glide-Path Graphic for Target Date Funds

SEC Chair Mary Jo White indicated in a letter to the Investor Advisory Committee that the SEC would solicit public comments on graphics illustrating target date fund risk. In April 2013, the Investor Advisory Committee recommended that the SEC develop a glide path illustration for target date funds that is based on a standardized measure of fund risk as either a replacement or supplement to its proposed asset allocation glide path illustration. The Investment Advisory Committee also recommended that the SEC adopt a standard methodology to be used in both the risk-based and asset allocation glide path illustrations. SEC staff will develop a draft request for additional comment.

Sources: Letter from Mary Jo White to Joseph Dear, Chairman of the Investor Advisory Committee (November 20, 2013); Joe Morris, SEC Wants Public Input on Glide-Path Graphic, (November 25, 2013); Recommendation of the Investor Advisory Committee (adopted April 11, 2013). 

Copyright © 2020 Godfrey & Kahn S.C.National Law Review, Volume IV, Number 43

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About this Author

Susan Hoaglund, Investment Management Attorney, Godfrey Kahn law firm
Member

Susan Hoaglund is a member of the Investment Management Practice Group. Susan provides advice to investment advisers, investment companies, broker-dealers and banks regarding legal, regulatory and compliance matters.

262-951-7136
Chris Cahlamer Investment Management Attorney
Shareholder

Chris Cahlamer is the team leader of the firm’s Investment Management Practice Group, where he practices in investment management and securities law, focusing on investment companies, investment advisers, regulatory examinations, new product development, SEC compliance and reporting obligations, CCO support, private fund formation and operation, investment company reorganizations, investment advisor mergers and acquisitions, and general corporate and board fiduciary issues.

Chris earned his law degree, summa cum laude, at Marquette University Law School. While there, he received the Corporate Practice Institute Award and served as senior articles editor on the Marquette Law Review. He completed his undergraduate education at St. Norbert College, graduating as a member of the honors program and earning his bachelor’s degree, summa cum laude, in international economics and political science.

Chris is a member of the State Bar of Wisconsin and the American Bar Association.

414-287-9338
Carol A. Gehl, Securities Law Attorney, Godfrey and Kahn law firm
Shareholder

Carol Gehl is a shareholder and the team leader of the Securities Practice Group in the Milwaukee office.

Carol’s practice is focused on investment management entities, including mutual funds, hedge funds, investment advisers and broker-dealers throughout the nation. During the last number of years, Carol has facilitated the organization of numerous mutual funds, hedge funds and investment advisers; assisted in SEC and FINRA examinations of regulated entities; provided ongoing advice to mutual fund Boards of Directors; and assisted with several mergers of investment advisers and...

414-287-9255